- Feb 12, 2007
- 59,384
- 24,018
- 2,290
No one else seems to want to mention it - so I will.
The Household Survey - which is the ONLY survey used to determine the official unemployment rate - says that 304,000 fewer Americans were employed in April vs. February, 2019.
103,000 Americans 'lost' their jobs in April and 201,000 Americans 'lost' their jobs in March.
Employment Situation Summary Table A. Household data, seasonally adjusted
Just sayin'...
Did you even read the table? It also shows that the number of unemployed has dropped by 411K and the civilian labor force has dropped by 714K. So how do you explain these, bub?
Well Bub...you clearly do not have a clue what you are talking about on this (if you are trying to use the stats you posted as 'good things' for the economy).
First - use your head. How can less people in the labor force AND less people employed be a good thing when the population is growing? Duh.
Second - the BLS does not count Americans that stop looking for work as part of the labor force. So when an unemployed person in America stops looking for work...he/she is instantly no longer unemployed...even though they have no job and probably still want one. These are called Discouraged Workers.
'Discouraged workers (Current Population Survey)
Persons not in the labor force who want and are available for a job and who have looked for work sometime in the past 12 months (or since the end of their last job if they held one within the past 12 months), but who are not currently looking because they believe there are no jobs available or there are none for which they would qualify.'
Glossary : U.S. Bureau of Labor Statistics
So, what has obviously happened is TONS of Americans have given up looking for work. That is why the number of unemployed has dropped along with the labor force AND the number of employed.
Got it now, Bub (I doubt it)?
It has to do with math and logic, both of which are concepts with which you are seemingly unacquainted.
And now for the kill-shot: non-seasonally adjusted data for non-farm employment. Note, it increases April over February.