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Don’t “make things up” (omit important information) the other way either. People give up (lose hope) seeking a job and can end up not “unemployed” but jobless.
by isoskeles 8y ago
Don’t “make things up” (omit important information) the other way either. People give up (lose hope) seeking a job and can end up not “unemployed” but jobless. They’re at least caught in the labor force participation rate, but grouped in with retirees and children and other people who don’t conceivably need jobs.
- ethn 8y agoIn the USA, unemployed and abled are forced to be "job seeking" whether they give up hope or not to continue receiving benefits.
- neom 8y agoYou're right, this report serves as an input to the total calculation.: https://www.dol.gov/ui/data.pdf https://www.dol.gov/ui/data.pdf - and my point should simply have been made made directly about this input (original thoughts around this data point remain) and not the calculation as a whole. My bad.
- ethn 8y agoNo it doesn't. BLS acknowledges and discredits this misconception. This data is not relevant to your claims, instead it shows unemployment insurance claims reducing over 2017-2018.