Unemployment

Discussion in 'Current Events' started by bigrebnc1775, Aug 17, 2012.

  1. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    I thought unemployment was raised and lowered by the answers from people who were surveyed. But CBS seems to think that's not how it's done.

    Weekly jobless claims edge up - CBS News
    it rises or is lowered by the answers from the survey right?
     
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  2. tjvh
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    tjvh Senior Member

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    How nice... From the link: The U.S. may drive off a "fiscal cliff" at the end of this year as well. That's when a slate of tax cuts expire and big spending cuts are scheduled to kick in. If those changes aren't altered or delayed, recession is a very real possibility.
     
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  3. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    This recession thing did it ever really end? they said it did in 2009 but I don't see it.
     
  4. tjvh
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    tjvh Senior Member

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    Yes "experts" claim it did... However I'm still a bit skeptical... "Experts" also claim that my pickup truck is responsible for melting ice in Greenland, so I don't know what to believe anymore.
     
  5. thanatos144
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    thanatos144 Gold Member

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    over 40 months of over 8% unemployment.....The media are doing harm trying to cover for this horrid president.
     
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  6. pinqy
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    pinqy Gold Member

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    The Unemployment rate does come from a survey. But of course that will include people receiving unemployment insurance as well (a bit under half of all unemployed).

    So fewer people going on unemployment generally means fewer people becoming unemployed. It's not a 100% correlation, but an indicator of the trend.
     

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