03-09-2010, 11:45 AM
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#16
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“Hypocrisy: prejudice with a halo”
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
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Quote:
Originally Posted by xoxoxoBruce
Not at all, as explained here, there are lots of different "unemployment numbers".
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But what is reported is just the "good" numbers.
Quote:
As regular readers of The Ticker know, we like to hammer on the official U.S. unemployment rate versus the unofficial rate, which we believe to be a truer picture of joblessness in this country.
This morning, the Labor Department said the official number climbed from 9.4 percent in July to 9.7 percent in August.
But the unofficial number jumped from 16.3 percent to 16.8 percent.
The difference between the two rates is due to who's counted among the unemployed.
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http://voices.washingtonpost.com/eco...l?hpid=topnews
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