No, it's as if you have x-number of debt, and wheter or not you stop counting any of it, you took some of it away ($120k) but didn't add any.
Ok, let me get this straight... in period A there are 1,000,000 unemployed people. In period B we employ 100,000 and decide not to count 300,000 and we now proudly proclaim unemployment fell to 600,000?
Please tell me you're kidding.
No, false, wrong, misinterpreted, stupid as shit, doesn't know how to read, etc. etc.
In period A: 1, 000, 000 unemployed.
We employ 100, 000.
Wether or not we stay counting the 300, 000
People without jobs went from 1, 000, 000 . to 900, 000.
wether or not we stay counting the 300, 000 ................ unemployment has decreased by 100, 000, but you stated it has not because of the 300, 000 being taken out of the percentage of the unemployed.
that is wrong, on its face. the real number, when throwing the 300, 000 back onto the roles as "unemployed,"
still decreased by 100, 000.
(even thought it's 120 and 315.)