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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: excardog who wrote (18011)	2/8/2003 5:30:53 PM
From: t4texas	Respond to of 206184

yea, we are reading the same document, but somehow i think the text has thrown you off. i am not a trusting soul of the us government either, but this time i think whoever put out the release may have been trying to add clarifying info and confused instead. so let's go to the "video tape." i have to assume your 1.6M number comes from this statement (below in quotation marks) in the text of the release. before i get to that you have to go to the bottom of the link you supplied and look at table a13. in the totals at the top go to "reason not currently looking:," and you will see the numbers for january 2003 compared to january 2002. if you add the two numbers from january 2003, they sum to 1.598M, i.e., 1.6M. compare that data with january 2002, which sums to about 1.5M (the only comparison given unless you want to look back in history at prior unemployment reports (which i will leave up to you should you want to pursue it), and you will see that this total stays about the same (not seasonally adjusted, so that makes me feel ok)). now if you want to see something that may be a more accurate "gut feel" about the unemployment rate, go to table a1, and note that not-seasonally adjusted the unemployment rate for january 2003 was 6.5% instead of the seasonally adjusted 5.7%. "Persons Not in the Labor Force (Household Survey Data)" "About 1.6 million persons (not seasonally adjusted) were marginally attached to the labor force in January. These were people who wanted and were available for work and had looked for a job sometime in the prior 12 months but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. The number of discouraged workers-- a subset of the marginally attached who were not currently looking for work specifically because they believed no jobs were available for them--was 449,000 in January. (See table A-13.)" bls.gov bls.gov bls.gov