Quote:
Originally Posted by roachboy
obviously, ace, there is a problem with that rate as there has been from the outset, and most anyone know this: the unemployed cease to exist after 6 months. this is one of the great acts of statistical heroism---"we" deal with structural unemployment by not counting it. so it hardly seems plausible that you'd know *what* the number of folk who are out of work is, since no-one else does.
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I agree there are problems with the way we measure unemployment.
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