Never forget, that when a person’s unemployment benefits expire they drop off the rolls. The BLS “assumes” that person to be employed................
Not true. Someone is counted as “unemployed” if they have tried to find work in the last week and couldn’t.
Whether they are receving benefits or not has nothing to do with it.
“Never forget, that when a person’s unemployment benefits expire they drop off the rolls. The BLS “assumes” that person to be employed................’
Exactly, and we know first time unemployment claims were well over 1 million last month, with less than 200k new jobs. Go figure