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Are You Unemployed Chart
Pretty interesting to see how the actual number is manipulated.
http://www.joerib.com/wp-content/upl...edgameshow.jpg http://www.joerib.com/wp-content/upl...edgameshow.jpg |
Interesting....
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You can't blame 'em for crunching their numbers...
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I'd expect nothing less from government.
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Yeah it's a bunch of crap how it's reported. Not a true representation.
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I personally think they did this all on purpose, jsut like I think other things were done on purpose and arranged by the govt, but I won't go into detail... Maybe I need myself a blog for this kind of shit. Then I could rant and get it all out there hahaha |
Not really anything new, it's always been this way.
Statistically it's a wash.. which isn't factored into that graph. People that get benefits cut off or they end, often end up getting jobs. It may not be full time, it might be cash under the table, or it could be a real job, but all of those balances aren't added back in either - they can't be tracked. So it's better, to use the active unemployment numbers as a gauge of how things are going and keep the unknown out of the numbers. |
Silly as usual from them
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I'm no economist - but how is NOT factoring in the underemployed or discouraged/given-up workers a better representation of how things are going? |
hehe... funny stuff
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sure, the 2 numbers are way different, but that's not the point, the whole point of looking at statistics of this type is to determine trends, and looking at U3 is better for that since it's likely to be more accurate... :2 cents: |
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