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See more here: Charting Errors in BLS Participation Rate Projections
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Visit site: So Much For Today’s Surprising "Drop" In Weekly Jobless Claims; California Forgot to Report 30,000 Claims; What We…
More here: Secessionist Candidate Will Overwhelmingly Win Mayoral Race in Antwerp, Belgium
Link if video does not play: Mish on Capital Account . A New Way to Measure Unemployment On Monday, in the wake of a controversial drop in the unemployment rate, Gallup Economist Dennis Jacobe proposed a A New Way to Measure Unemployment . He proposed " Payroll to Population (P2P) — the number of Americans employed full-time for an employer as a percentage of the U.S
In response Japan carmakers to cut China production by half . Sales have plunged at Japanese car makers since violent protests and calls for boycotts of Japanese products broke out across China in mid-September over the Japanese government’s purchase of a group of disputed islands in the East China Sea from their private owner.
Lost Bet On Friday, I lost a bet made in March of 2010 regarding unemployment . I bet that the unemployment rate would not dip below 8% before June 2015. I crunched numbers many ways and simply decided there is no way the economy could possibly grow enough jobs.
172,910 6,555 Taking demographics into consideration, the BLS projected the labor force to grow by 7.19 million to 156.51 million in 2010.
