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To: SeekAndFind
Jobless benefits end for 230,000 this weekend

Does that mean that the jobless rate will drop miraculously by 230,000?

2 posted on 05/11/2012 8:23:24 AM PDT by EGPWS (Trust in God, question everyone else)
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To: EGPWS

Three words : LABOR PARTICIPATION RATE.


3 posted on 05/11/2012 8:24:34 AM PDT by SeekAndFind
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To: EGPWS

—Does that mean that the jobless rate will drop miraculously by 230,000?—

Beat me to it. It’s good to see the economy bouncing back so strongly!


5 posted on 05/11/2012 8:35:04 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: EGPWS
Does that mean that the jobless rate will drop miraculously by 230,000?

Yep, and only a few (i.e. conservative bloggers) will state the actual reason. The liberal media will be touting it like it's a big win for Obama.

7 posted on 05/11/2012 8:40:29 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: EGPWS
Does that mean that the jobless rate will drop miraculously by 230,000?

No, but the "labor force participation rate" may drop.

"Labor force participation rate" is not equal to "jobless rate."

15 posted on 05/11/2012 9:52:07 AM PDT by 1rudeboy
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