To: expat_panama
I finally understand. Less people working means a lower unemployment rate in Wonderland. Head is spinning from that fall down the rabbit hole!
Have a great holiday.
6 posted on
07/03/2015 4:51:22 AM PDT by
grania
To: grania
The other factor in the labor report is that it is based upon two different surveys. The jobs added comes from an employer survey where they call a number of large employers and ask about job creation. The unemployment rate is generated from the household survey. That can generate conflicting numbers.
I think from our personal experiences we all know that the job market stinks. It has probably dominated the discussion at holiday dinner tables for the past 7 years.
15 posted on
07/03/2015 5:15:26 AM PDT by
USNBandit
(sarcasm engaged at all times)
To: grania
The most wonderful thing of all is we will reach zero unemployment when nobody has a job. Welcome to Obamaville.
22 posted on
07/03/2015 6:04:51 AM PDT by
ProtectOurFreedom
(For those who understand, no explanation is needed. For those who do not, no explanation is possible)
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