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To: bentway who wrote (14143)	10/3/2003 1:08:25 PM
From: fatty	Respond to of 306849

For younger people working in the high income fields, the unemployment rate is much higher than any cited statistics. I know lots of people my age either unemployed, go back to school for another degree, take up non-paying/low-paying jobs/hobbies or stay at home with babies. All these people will immediately quit what they're doing for the right job.

To: bentway who wrote (14143)	10/5/2003 5:42:47 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

I really have no faith in gummint labor statistics. They really only count people on unemployment. From this statement I get that you believe that the figure that the BLS uses for the unemployment rate comes from the number of people on unemployment insurance. If you look at their site, you can see this is a incorrect. The figures are compiled using a sample survey. bls.gov Where do the statistics come from? Because unemployment insurance records, which many people think are the source of total unemployment data, relate only to persons who have applied for such benefits, and since it is impractical to actually count every unemployed person each month, the Government conducts a monthly sample survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country. The CPS has been conducted in the United States every month since 1940 when it began as a Work Projects Administration project. It has been expanded and modified several times since then. As explained later, the CPS estimates, beginning in 1994, reflect the results of a major redesign of the survey.