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To: St_Thomas_Aquinas
The unemployment rate is currently defined as those people collecting unemployment benefits. When the benefits run out, you are "no longer seeking employment."

INCORRECT

Jeepers, read the thread before spouting nonsense.

83 posted on 01/11/2014 10:51:10 AM PST by 1rudeboy
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To: 1rudeboy
INCORRECT

"More than a half million long-term unemployed people are losing their federal extended unemployment benefits. And when the checks stop coming, one of two things are likely to occur: They'll take any job they can get to stay afloat financially or they'll drop out of the labor force completely.

Either way, they won't be counted as unemployed anymore."

Why the unemployment rate will fall

FWIW

87 posted on 01/11/2014 11:45:55 AM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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