--- In artshow_photo@yahoogroups.com, J Bryan Kramer <codeburner@...> wrote:
>
> > Did you notice that the April figures, over 200,000 net jobs were added yet
> > the unemployment rate actually increased by 0.2%? Hmm, how can that be?
> > It's because of the old, antiquated method the U.S. government uses for
> > this Unemployment Rate! :)
> >
> >
> That's because with population increasing the economy needs to add
> 300,000-400,000 jobs a month to keep up with young people newly in the job
> search. So 200,000 is falling behind.
Yet when fewer jobs were added a few months ago the unemployment rate went down. It's the antiquated way the published "unemployment rate" is calculated - NOT anything about "falling" behind.
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