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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (31264)1/9/2009 6:55:44 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 71588
 
"Both part-time workers wanting full-time work and discouraged workers tend to make the unemployment rate lower than it would otherwise be,"

The former clearly does. If your working part time your employed, and having these people employed makes the unemployment rate lower because they are not unemployed.

As for discouraged workers, they aren't in the workforce just as little children and elderly retired people aren't in the workforce, but in a very broad counting of unemployment they could be considered unemployed, even the children and elderly could, because they are not employed.

The most accurate view would probably need multiple stats. Something like, "percentage working", "percentage seeking jobs that aren't employed", and "workforce participation rate", and maybe "percentage working full time". But I suppose people might be confused when you throw multiple stats at them, and they are used to one headline rate.