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Reply #73: Common misconception... [View All]

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Home » Discuss » Places » Massachusetts Donate to DU
Fearless Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-25-08 04:25 PM
Response to Reply #71
73. Common misconception...
about the "unemployment rate" is that it actually measures those who are unemployed... This is wrong. Actually it counts the number of people that COLLECT unemployment (insurance) and omits those who have blown through it and have been dumped by the wayside. That is the same for the national level btw. Therefore, the number of unemployed is actually somewhat (or much) higher than this number. Funny huh.
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