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To: FromLori

Does he not understand its 8.9%? the goverment says so, so it must be true, Right????

Sarc Alert!!!!


5 posted on 03/04/2011 9:59:13 AM PST by Lessthantolerant (The State is diametrically opposed to our search for a better living.)
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To: Lessthantolerant
He understands that 8.9% and U3 refere to difference things. Do you?

Here is what you coud've fond even in Wikipedia:

"alternate measures of unemployment, U1 through U6, that measure different aspects of unemployment:[72]

U1: Percentage of labour force unemployed 15 weeks or longer.

U2: Percentage of labour force who lost jobs or completed temporary work.

U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.[2]

U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.

U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.

U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment)."

You can continue now with your sarcasm.

15 posted on 03/04/2011 10:31:53 AM PST by TopQuark
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