Quote:
Originally Posted by Ethersync
...and yet the unemployment rate remains 9.6%.
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when you learn what the un-employment rate actually means let me know. You do realize that umeployment rate could actually go up to 10% but we could add 250,000 jobs in the same month. We could lose jobs and the unemployment rate could actually go down in the same month also.
Some dude working at MCdonald's lsoes his job but he for whatever reason doesn't file for unemployment, guess what, he doesn't get counted as unemployed. An unemployed guy that wasn't getting unemplyment gets a job has ZERO efect on the unemployment figure. WHY? Because he wasn't counted as being unempoyed in the first place.
I suspect you're the kind of person that when you see a 7 point spread on a football game actually thinks that is what the odds makers think that one team will beat the other by.