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- #81
If you lower the number of people that you score the UE rate against its going to be lower,
But nobody is lowering the number. The number goes up or down based on reality....nobody's "doing" anything to it.
And the Labor Force is INCREASING, not decreasing. From Jan to Feb, Employment went up 428,000 and Unemployment went up 48,000 meaning the Labor Force went up 476,000
News Headlines
you might want to do your DD. read this link and even CNBC calls out the issue mid page
now that reality in this economy must be questioned and is by some, even CNBC has made mention of it
It has nothing to do with jobs created for the month of Feb as you think it may,
from the link and the way UE is calculated
Though the labor force participation rate actually increased to 63.7 percent in February, it remains near historic lows. Those not looking for jobs are simply not counted in the official jobless rate. The rate is thus treated with skepticism as an accurate gauge for measuring the job market's health
this is the number that some including me that feels is wrong, it does not change the 220k jobs that were created in Feb (according to the same)
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