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Good news for American economy

We Never Know

No Slack
Any sources for those numbers, or is this just a meaningless toy?

And here how unemployment is figured.

  • Unemployment is measured through the Current Population Survey, conducted monthly by the Bureau of Labor Statistics.
  • Only citizens who are in the labor force are counted in the unemployment rate; those who have given up looking for a job are not—a controversial position.
  • Critics argue that not counting workers who have given up looking paints a brighter picture of unemployment than really exists.
How Is the US Monthly Unemployment Rate Calculated?
 

Kooky

Freedom from Sanity
And here how unemployment is figured.

  • Unemployment is measured through the Current Population Survey, conducted monthly by the Bureau of Labor Statistics.
  • Only citizens who are in the labor force are counted in the unemployment rate; those who have given up looking for a job are not—a controversial position.
  • Critics argue that not counting workers who have given up looking paints a brighter picture of unemployment than really exists.
How Is the US Monthly Unemployment Rate Calculated?
So how does the app arrive at the second number?
 

We Never Know

No Slack
So how does the app arrive at the second number?

"Only citizens who are in the labor force are counted in the unemployment rate; those who have given up looking for a job are not"

I believe they do the research so we don't have to.
Look at all the other numbes, do you think they are wrong?
 
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Kooky

Freedom from Sanity
"Only citizens who are in the labor force are counted in the unemployment rate; those who have given up looking for a job are not"

I believe they do the research so we don't have to.
Look at all the other numbes, do you think they are wrong?
So they include people who retire, have career ending accidents, women who get pregnant etc. in that number.
 
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