tag:blogger.com,1999:blog-6484348675772262069.post4291780038850566337..comments2009-07-10T16:45:47.167-02:30Peter L. Whittlehttp://www.blogger.com/profile/04569430157829938956whittlep@nf.sympatico.caBlogger2125tag:blogger.com,1999:blog-6484348675772262069.post-88993011561433993302009-07-10T16:45:47.167-02:302009-07-10T16:45:47.167-02:30

That was my attempted point. Your right, Thats what I took from my economic courses. <br /><br />he unemployment rate is the percentage of the labour force that actively seeks work but is unable to find work at a given time. Discouraged workers—persons who are not seeking work because they believe the prospects of finding it are extremely poor—are not counted as unemployed or as part of the

Peter L. Whittlehttp://www.blogger.com/profile/04569430157829938956noreply@blogger.comtag:blogger.com,1999:blog-6484348675772262069.post-61715901535148113172009-07-10T14:39:11.054-02:302009-07-10T14:39:11.054-02:30

Peter, don&#39;t jobless rate and unemployment rate measure two different things? I thought that unemployment only counted those who were actively looking for work (i.e., excluding those who aren&#39;t working due to disability or choice - e.g., a stay-at-home mother), while jobless counted all of those without a job. If this is correct, the jobless rate would always be higher than the

MKBhttp://www.blogger.com/profile/07865813246878611797noreply@blogger.com