IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
You're kidding, right?Is it? Why? How is it counted or reported differently?
They are counted and reported the same, that's my point, Kenneth. However, the former wants a job and the second isn't getting a job (right now) no matter what. Hence my point that entirely different economic circumstances are treated the same. They are both considered part of the labor force, neither is considered unemployed even though the guy who gave up looking for work wants one.
I mean duh
So you're saying the participation rate is down simply because people who wish to work are unable to find a job?
Ding, ding, ding, we have a winner! Actually economists are the ones saying that, but I did repeat them so I'll accept that answer
Would you name these economists?
I'm a keeder.......I keed.....