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To: CSM
I’m sure that has dramatically changed the unemployment numbers

How would they record unemployment numbers of people who have never had a job?

39 posted on 08/23/2012 6:32:31 AM PDT by Hot Tabasco (My 6 pack abs are now a full keg......)
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To: Hot Tabasco

That is what I mean. If you have started with 100 productive people and 100 leeches, then a 10% unemployment rate would only be measured against the productive. 10% UE would be 10 people of the 100 prodcutive. The 100 leeches have long ago left the work force and are no longer used to measure UE.

So, if you have half the productive leave for the suburbs and simultanously the unemployed leave for jobs, then you end up with a lower UE rate. If 8 of the 10 unemployed find jobs elsewhere and then 42 folks move to the subs anyway, then you are left with 2 unemployed of the 50 remaining productive persons. Your UE rate would have IMPROVED from 10% to 4%.

The dems claim that as a success!


40 posted on 08/23/2012 7:12:35 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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