How much of the decreased jobless rate can be attributed to unemployed who lost their benefits?
the unemployment rate is only calculating those receiving federal benefits; therefore, if someone's benefits expire, and they are still unemployed, the unemployment rate will still go down; the real unemployment rate was around 30% last time I checked; I don't know anyone that has found a job recently, and I have plenty of friends being laid off; where are these ppl that found jobs?? Did the U.S. open a secret sweat shop off the coast of Hawaii or something???
Asked By: - 2/3/2012
Best Answer - Chosen by Asker
Better question is, how many workers lost their jobs because other [fired] unemployed workers lost their benefits?
Answered By: Top Contributor - 2/3/2012
Additional Answers (7)
30% says fix news. the real jobless rate during the great depression was likely about 40% the employment report tells you how many unemployed people have given up looking for work.
Answered By: scottso360 - 2/3/2012
Zero. That's not how they gather the stats.
Answered By: Chevy P - 2/3/2012
The people finding work are the ones who literally persevere around the clock. Before I got hired again, It was wake up, Eat breakfast and start looking. Some nites I wasnt in bed til 2 hours before I started all over again
Answered By: Tripp Smith - 2/3/2012
Very little. More jobs are being created. You cons are out of luck. Your efforts to sabotage the economy to gain political power have failed. I'd suggest the Tea Party Congresspeople vote for extending jobless benefits. They will need them next January.
Answered By: Hobbit - 2/3/2012
not true, it's also calculated by the number registered for jobs at EDD centers. and THAT too has been going down due to discouraged workers
Answered By: Jim - 2/3/2012
What you say is not true. It is not dependent upon those collecting benefits that is a myth.
Answered By: Matthew D Rises - 2/3/2012
Depends on how you want to spin it!
Answered By: Phoenix Arizona - 2/3/2012
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