I guess you did not understand and wish to give figures that are misleading
Any intelligent American would figure out if you have fewer people looking for jobs and you use the new number of people looking for jobs as a base an increase of 114,000 would lower the percent of unemployment rate.
If you used last month's people who were looking for jobs as the base 114,000 you would have increased the unemployment rate's percent.
Actually you would have needed about 140,000 new jobs to keep the unemployment at last month's 8.1% with the posted 114,000 the unemployment rate should have increased to 8.2%.
You got a figure that did not tell the whole story and was just put out to fool the uneducated.
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20_Days writes:
Klaus,
I guess you did not understand and wish to give figures that are misleading
Any intelligent American would figure out if you have fewer people looking for jobs and you use the new number of people looking for jobs as a base an increase of 114,000 would lower the percent of unemployment rate.
If you used last month's people who were looking for jobs as the base 114,000 you would have increased the unemployment rate's percent.
Actually you would have needed about 140,000 new jobs to keep the unemployment at last month's 8.1% with the posted 114,000 the unemployment rate should have increased to 8.2%.
You got a figure that did not tell the whole story and was just put out to fool the uneducated.
Share your thoughts
Comments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. Violators may be banned. Click here for our full user agreement.