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To: concerned about politics
Here's another link for you:

The UI figures are not produced by the Bureau of Labor Statistics. Statistics on insured unemployment in the United States are collected as a by-product of UI programs. Workers who lose their jobs and are covered by these programs typically file claims ("initial claims") that serve as notice that they are beginning a period of unemployment. Claimants who qualify for benefits are counted in the insured unemployment figures (as "continued claims"). Data on UI claims are maintained by the Employment and Training Administration, an agency of the U.S. Department of Labor, and are available on the Internet at: http://workforcesecurity.doleta.gov/unemploy/claims.asp.

These data are not used to measure total unemployment because they exclude several important groups. To begin with, not all workers are covered by UI programs. For example, self-employed workers, unpaid family workers, workers in certain not-for-profit organizations, and several other small (primarily seasonal) worker categories are not covered. In addition, the insured unemployed exclude the following:

I bolded the most important sentence for you. Please stop spreading false information. It's hard enough to discuss economic statistics as it is, without someone entertaining a misconception.
9 posted on 12/13/2012 9:04:13 AM PST by 1rudeboy
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To: 1rudeboy
Yes. That's how they calculate the U6. It's much larger than the "reported" 7.7%.
It sort of depends on the meaning of the word "is" when it comes to the "official" numers.
11 posted on 12/13/2012 9:11:13 AM PST by concerned about politics ("Get thee behind me, Liberal")
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