pinqy
Gold Member
To a degree, which is why discouraged and marginally attached are tracked. But that's for potential labor. Let's say there are 20 people who want jobs. 10 are looking and 10 are not. 20 jobs open up and the ten who were looking get hired. The 10 not looking are obviously not hired. So if we counted those not looking as unemployed, we would be saying the economy was short 10 jobs. But there are 10 jobs unfilled.Two points:How is that different than discouraged?? Or if the person doesn't need a job and doesn't care anymore if he gets one, why should we care in analyzing the labor force?They couldn't find a job worth doing. I mean duh.
What is your point?
That you haven't made it clear what you think "frustrated" means and how it's different from discouraged.
That if someone decides he doesn't actually need a job because it's too much hassle, then he's irrelevant to any analysis of the labor force. We care about people not being able to get jobs, not about people choosing not to work.
Bullshit. Se care very much why the people not in the labor force chose not to work and whether it's economically related
Now, what if only 8 jobs opened up instead of 20? How many people do we have who could have been working if there were enough jobs? 2. The 10 not looking wouldn't be working no matter how many jobs were available.
So why do you think counting people who wouldn't be working no matter how many jobs were available the same as those looking for work is more useful?