US economy gathering steam. Part II

Dravyk · 02-29-2004

Well I rarely get into any discussion involving "statistics", because while stats may have been created as a science for the basis of analysis, they have long been turned into the art of manipulation and subject to thousands of points of view.

That said, I just want to point out the unemployment rate is and always has been a measure of "people seeking work" and any time large numbers just give up after looking a long time, those are not tossed into the equation. And I've read the largest number of people who gave up has been during this Administration. I know for certain around November they took 200,000 off the unemployment roll not because they found jobs, but gave up. Haven't heard any concrete numbers lately, just that it's historically high.

Food for thought.

02-29-2004	#24
Dravyk Easy Like Sunday Morning Want to see your own Advertising Here! Join Date: Oct 2002 Location: Behind a couch, somewhere in Philly Posts: 7,628	Well I rarely get into any discussion involving "statistics", because while stats may have been created as a science for the basis of analysis, they have long been turned into the art of manipulation and subject to thousands of points of view. That said, I just want to point out the unemployment rate is and always has been a measure of "people seeking work" and any time large numbers just give up after looking a long time, those are not tossed into the equation. And I've read the largest number of people who gave up has been during this Administration. I know for certain around November they took 200,000 off the unemployment roll not because they found jobs, but gave up. Haven't heard any concrete numbers lately, just that it's historically high. Food for thought. __________________ All Of 'Em Mainstream Webmasters New: WebmasterConventions.com