EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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No, you'reI don't disagree at allEvery month, sometimes more frequently, when the topic of unemployment comes up, someone will say "but they don't count those who gave up looking for work as unemployed...if they did, the real unemployment rate would be 1,000%!!!!!!!"
But no one ever anwers WHY you would want to count people not trying to work...or more precisely, some of the people not trying to work...as unemployed.
So which people not doing anything about work would you consider unemployed and why?
dear, there are many measures of unemployment some of which include those too discouraged to look for work and others that don't include that group.
It very very important to be aware of that too discouraged to look group since when they do start to look they add to unemployment (U3) preventing unemployment numbers from going down even when the economy is improving and many new jobs are being created.
great so I guess my disagreement is with whoever op person is
nope, I asked in the OP why to include those not looking. You explained your reason for wanting to look at the discouraged as an altrnate measure. So no dispute with the OPI don't disagree at allEvery month, sometimes more frequently, when the topic of unemployment comes up, someone will say "but they don't count those who gave up looking for work as unemployed...if they did, the real unemployment rate would be 1,000%!!!!!!!"
But no one ever anwers WHY you would want to count people not trying to work...or more precisely, some of the people not trying to work...as unemployed.
So which people not doing anything about work would you consider unemployed and why?
dear, there are many measures of unemployment some of which include those too discouraged to look for work and others that don't include that group.
It very very important to be aware of that too discouraged to look group since when they do start to look they add to unemployment (U3) preventing unemployment numbers from going down even when the economy is improving and many new jobs are being created.
great so I guess my disagreement is with whoever op person is
well your op implied that those not looking for work should not be counted.