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The civilian noninstitutional population is divided into two basic parts: those in the labor force and those not in the labor force. To be in the labor force a person must either have a job or have actively sought a job in the last four weeks. A person not in the labor force is a person who neither had a job nor actively sought one. The unemployment rate is the percentage of people in the labor force who actively sought a job in the past four weeks but did not get one.

Because of the way the unemployment rate is calculated, the rate can actually go down even when the number of people who are employed is also going down.

This all pretty much says that there are lying statistics.

2 posted on 05/05/2014 8:06:10 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

This administration literally makes things up as they go along. They can, because the low information voter lives and dies with soundbites. That being said, people are hurting out there, and are starting to pay attention. When someone is dropped from their health insurance for reasons they cannot really understand, and/or lose their job and cannot find another, the President getting on the television to tell everyone how great everything is and how successful his signature healthcare law is, people start asking questions and really wonder how things got this bad. We need to remind that it is the President, the Democrat party and their policies that have dragged us down and that there is an alternative. Unfortunately, the GOP-e could not care less, they just want their chance to tax and spend. It is a stupid game, of which I tire.


18 posted on 05/05/2014 8:23:29 AM PDT by corlorde (forWARD of the state)
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To: xzins
92,594,000: Americans Not in Labor Force Hits All-Time Record; Participation Rate 36-Year Low

But, but John Boehner and Hussein 0bama say we need to throw open the borders and grant amnesty because we need more workers! How can that be?

/EXTREME Sarc

20 posted on 05/05/2014 8:25:14 AM PDT by The Sons of Liberty ("Our brethren are already in the field! Why stand we here idle?" - Patrick Henry, 1775)
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To: xzins; MrB

Please, tell me your opinions. Can’t we simply take the number of people of working age, determine the number of those that are not working and then determine the real unemployment rate? Am I missing something?


32 posted on 05/05/2014 7:04:04 PM PDT by houeto (https://secure.freerepublic.com/donate)
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