Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: B-Chan
"Gave up on finding work"? What the heck does that mean?

It means that when the Household Employment Survey people call and ask you (after finding out you're unemployed), whether you looked for work during this past week, you say no. That's how the statistic is compiled...

In reality, it's just another aspect of duplicitous 'accounting' practices to make our unemployment rate look a lot lower than it really is. The real unemployment rate is up between 9% to 11% or so, I'd guess.

6 posted on 04/08/2003 6:52:11 PM PDT by AntiGuv (™)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson