PLYMCO_PILGRIM
Gold Member
Absolutely true. But you wrote "You could also affect the numbers by changing the size of the workforce" which is untrue. You can't change the size of the workforce, it's dependent variable. Some have implied (and I have no idea if that was your intent or not) that "the government" has artificially changed/manipulated the size of the labor force in order to lower the UE rate. That's not possible and I was trying to address the difference between "changed" and "was changed"; the latter implying someone causing it to change.Pinqy the size of the overall labor force shrunk, as you just said, which is why even though we added some new jobs the number of those considered unemployed actually went up as a percentage of the labor force.
Pingy re-read that.
"you could also affect the numbers by changing the size of the workforce" I did't say that the government just arbitrarily changed the size. I said the numbers are affected with the changing of the size of the workforce.