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

To: DuckTapeSunroof who wrote (31279)	1/9/2009 8:39:33 PM
From: TimF	Read Replies (1) \| Respond to of 71588

Did the article say that, or does Shadowstat? The article doesn't say that part time people where counted as unemployed. What it says is "Under President Lyndon Johnson, the government decided individuals who had stopped looking for work for more than a year were no longer part of the labor force. This dramatically decreased the jobless rate reported by the government." Then it talks about part time workers, quoting a statement from Robert Schenk, that seems to imply that part time workers should be counted as unemployed. Nowhere does it say that they used to be counted as unemployed, and it would be bizarre and inaccurate to do so. Do you have any source whatsoever that said employed people where counted as unemployed in official US government unemployment statistics ever? Despite its dubious inflation statistics, I'd even accept Shadowstats as a source for this claim. The article you quoted isn't a source for the claim. It doesn't say what you wrote that it said.