An Ignorant Public Is the Real Kind of Security Our Government Is After. It is easier to hide under the sheets than to confront the very real threat to our Civil Liberties.
Friday, January 10, 2014
Unemployment Calculations
You know those unemployment rates they throw around on news programs...do you know how unemployment is calculated? Well, the BLS relies on information from payroll companies like ADP. They also rely on figures from unemployment offices. You are considered a statistic contributing to the unemployment rate if you are unemployed, and collecting UI. Here's the catch...say you exhaust your benefits (including extensions) and you are now neither on UI nor employed....YOU NOW LET THE UNEMPLOYMENT RATE GO DOWN. Wtf. You are considered neither employed or unemployed. You are considered gone from the labor force. So those figures don't make sense does it? Eventually, if everyone is denied extensions, then hell, the unemployment rate improves. What a scam. The figures are flawed. Its manipulated. Can we see the official figures on the number of students graduated last year that have jobs?
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