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Reply #150: I've seen 117 and I REstate - local reports are not reflected, at all, in BLS rates [View All]

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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-05-11 12:43 PM
Response to Reply #138
150. I've seen 117 and I REstate - local reports are not reflected, at all, in BLS rates
Edited on Mon Dec-05-11 12:43 PM by dmallind
I asked you to define UNemployment for a reason. Is a stay at home parent who has no need for snd no interest in outside work unemployed? Is a trust fund scion of the Gettys unemployed? Is a prisoner unemployed? Is somebody who lives off SSDI and physically can't work unemployed? Is a grifter or drug dealer whose income is solely black market unemployed? Is a full time student unemployed? Is an adult who sponges off their parents or spouse and has no interest or desire in working themselves unemployed?

The BLS data are not infallible, no. They have a margin of error like all surveys (albeit very small due to sample size). They are however consistent and use consistent definitions from month to month - NONE of which have anything at all to do with benefits in any way. The 315000 simply said they were no longer looking for work - for any of the reasons named above and no doubt more. Why should somebody not looking for work be counted as a member of the workforce?
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