Quote:
Originally Posted by keysync
Why is it so hard to understand that hiring isn't what is dropping the unemployment rate.
The amount of people dropping off of unemployment because they have run out of benefits is what is making unemployment % better.
This shit isn't rocket science...
|
Just running out of unemployment doesn't drop you from the numbers. To be counted in the unemployment rate you have to be unemployed and be actively looking for a job.
There are a lot of people who have stopped looking for jobs so they no longer count or they are working part time and they no longer count as well.