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To: shoreco who wrote (269689)12/5/2003 12:34:49 PM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
I'm in a great mood, it's a snow day and I don't have to go to work!

You were interested enough to try to explain it to MM. If I'd passed on a commonly held misconception I'd want someone to correct me and I'd want to spend the time to investigate exactly how I was wrong.

What I'm trying to get you to see is that the number is accurate as the government defines unemployment. The reason you don't believe it is because you most likely have a different definition for "unemployed". You'd think that this is fairly easy to define (you have a job you are employed, you don't have a job you are unemployed), but once you investigate how the government defines "unemployed" and why, you'd see just how difficult it is to define (what about people who are too young to work or too old to work or in jail or in school or disabled?). And in the process you'd discover the real reason why the jobs creation number and the unemployment percentage seem to be saying different things and you'd be able to answer MM's question correctly.