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View Diary: More than 230,000 lose unemployment benefits in eight states due to cuts (33 comments)

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  •  ColoT - you seem to have missed it (2+ / 0-)
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    arealniceguy, ColoTim

    People exhausting their unemployment benefits have no impact on the "unemployment rate" or what economists refer to as U3. That number comes from a telephone survey and the number of people collecting unemployment benefits is not in any way used to determine the "unemployment rate".

    "let's talk about that"

    by VClib on Mon May 14, 2012 at 06:53:18 PM PDT

    [ Parent ]

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