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A very poor indicator, given that it doesn't count workers who have given up looking for a job because none were available.
by epicureanideal 12y ago
A very poor indicator, given that it doesn't count workers who have given up looking for a job because none were available.
- rhino369 12y agoIf they gave up, they aren't really in competition.
- YokoZar 12y agoThis criticism of unemployment statistics is parroted whenever an unemployment discussion is had. But those discouraged worker numbers are tracked too. They tend to go together, and the recent news about hiring increases is not due to a massive increase in discouraged workers. Sometimes there really is a net increase in employment.