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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (89764)5/4/2012 2:32:37 PM
From: carranza2  Read Replies (1) | Respond to of 219578
 
Participation dropped more than employment is one answer.

True.

It must be emphasized that small drops in participation are significant. I suspect that they include workers who were forced into retirement who would otherwise continue to work. Given the dismal retirement prepration of most workers, I have to assume that some percentage of this group is presently looking for work. Shouldn't they be deemed unenmployed?

I am really impressed by the more-than-one-year unemployed figures, as compared to pre-2008 rates.



To: bart13 who wrote (89764)5/4/2012 2:34:45 PM
From: carranza2  Read Replies (1) | Respond to of 219578
 
How do you define U-7?

Do you use BLS statistics to get to your measure of it?