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Reply #10


Response to RBInMaine (Reply #8)

Fri Aug 3, 2012, 09:39 AM

10. Sort of....

The UE rate went up because Total Employment (NOT the jobs numbers) went down 193,000 and unemployment went up 45,000.

Looking at the labor force flows: http://www.bls.gov/cps/cps_flows_current.pdf it is true that the increase in Unemployed was due to people entering the labor force, but more people left the labor force (from employed) making the labor force go down.

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mahatmakanejeeves Aug 2012 OP
flpoljunkie Aug 2012 #1
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BeyondGeography Aug 2012 #5
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