I'll try and be smart, in the intelligent sense. You guys are pissing about each other's columnists. But I have a question. Is the amount of the disgruntled based on this?
Quote:
Originally posted by Tyrone_Slothrop
But in the most recent 2000-2003 recessionary period, the employment-to-population ratio has fallen by 2.7% while the unemployment rate has only risen by 2.1%. The old pattern would have led us to expect such a fall in the employment-to-population ratio to have been accompanied by a rise in the unemployment rate of not 2.1% but 4.5%. More than half of the additional people who would have reported themselves as unemployed in a previous big recessionary period... aren't. They're reporting themselves as out of the labor force instead.
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where do they report "out"? Is this in surveys by economic columnists? the labor dept.?
