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Strategies & Market Trends : ahhaha's ahs

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From: ahhaha12/6/2013 10:06:09 AM
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(Briefings)The government shutdown played havoc on the unemployment survey in October. Workers who were furloughed due to the shutdown should have reported themselves as unemployed. Many of them, however, were confused with the question and listed themselves as simply out of the labor force. That artificially deflated the labor force participation rate. Those workers "returned" the labor force in November, which boosted both the labor participation rate and the total employed.

This is total BS. Just a rationalization to make things work out and to excuse Briefing's economist's blunders.
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