Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Benchman who wrote (550780)	3/11/2004 8:26:29 PM
From: sea_biscuit	Respond to of 769667

It's not having it both ways at all. If you leave out those who are unemployed beyond a certain time, the figure gets distorted and the real rates are higher than what it says. If people get another job quickly (as they used to in the 90's), then it doesn't affect the figures and the real rate of unemployment would be very close or identical to the official rate.

To: Benchman who wrote (550780)	3/11/2004 10:59:28 PM
From: DavesM	Read Replies (1) \| Respond to of 769667

Number of discouraged workers (calculated by subtracting %Total unemployed plus discouraged workers - %total unemployed) - from the bls website... Feb 1994 - .3% (%6.9-%6.6) Feb 1995 - .3% Feb 1996 - .3% Feb 1997 - .2% Feb 1998 - .2% Feb 1999 - .2% Feb 2000 - .2% Feb 2001 - .2% Feb 2002 - .3% Feb 2004 - .3% Total Unemployed + marginally attached workers + workers working part time because of economic reasons: Feb 1994 - 11.4% Feb 1995 - 9.9% Feb 1996 - 10.0% Feb 1997 - 9.4% Feb 1998 - 8.4% Feb 1999 - 7.7% Feb 2000 - 7.2% Feb 2001 - 7.4% Feb 2002 - 9.5% Feb 2003 - 10.1% Feb 2004 - 9.6%