[nhwingut]

I was reading on hotair that from January 2013 to January 2014 there were 1.9 million new jobs created but 2.2 million new unemployed. A net loss of 300k jobs. So that’s about the average. Of course the unemployment rate drops due to the unemployed running out of bennies and no longer counting in the labor force.

[rktman]

I seem to remember someone arguing that the folks running out and no longer on the long term unemployment didn’t factor in. I think their logic and reasonable argument basically was: “Nuh uh!” I didn’t get into the: “Is so. Is not” battle. ;>}

[1rudeboy]

So that’s about the average. Of course the unemployment rate drops due to the unemployed running out of bennies and no longer counting in the labor force.

Collecting, or not collecting, unemployment compensation has no bearing on how the unemployment rate is calculated.