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To: Brown Deer
1 - "Get ready to see a spike in the unemployment numbers because suddenly these people are counted again."
2 - "Exactly. Because of the way they calculate U3, this (should) ironically make the U3 start shooting back up as tons of people reapply for benefits."

Reapplying for benefits doesn't change the rate.

Never applying for benefits doesn't change the rate.

Benefits running out doesn't change the rate.

If you stop applying for your benefits during the eligibility period, that doesn't change the rate either.

If you stop looking, start looking or if you find a job are the only things that would impact the rate.

Why so dense?

111 posted on 02/18/2012 7:40:50 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)

Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.

That changes the rate.

Persons not in the labor force are those who are not classified as employed or unemployed during the survey reference week.

That changes the rate.

Benefits running out doesn't change the rate.

If they run out, and you stop looking for work, indeed it does change the rate.

Reapplying for benefits doesn't change the rate.

If you have dropped out of the workforce and then begin looking for work again, indeed it does change the rate.

Why so dense?

If you stop looking, start looking or if you find a job are the only things that would impact the rate. Yep!
112 posted on 02/18/2012 7:58:43 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Toddsterpatriot
Math is hard easy. Harder if you're stupid.
113 posted on 02/18/2012 8:00:18 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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