The economy lost a net 125,000 jobs in June — the first monthly loss this year. Yet the unemployment rate fell to 9.5 percent from 9.7 percent.
How did that happen? It's because of how the government calculates who's employed and who isn't.
The government does two employment surveys each month.
Read on-- http://news.yahoo.com/s/ap/20100702/ap_on_bi_ge/us_economy_glance
This to me is a more believe statistic. Broader rate unemployment goes over 17%
Answer by musicmom08 at 4:35 PM on Jul. 3, 2010
Answer by lovinangels at 10:55 AM on Jul. 3, 2010
Answer by NotPanicking at 1:26 PM on Jul. 3, 2010
Answer by xxhazeldovexx at 10:57 AM on Jul. 3, 2010
Answer by xxhazeldovexx at 10:59 AM on Jul. 3, 2010
Answer by anime_mom619 at 12:17 PM on Jul. 3, 2010
Answer by itsmesteph11 at 1:06 PM on Jul. 3, 2010
This link is very interesting...it outlines how they arrive at the unemployment numbers. http://www.bls.gov/cps/cps_htgm.htm
Answer by stacymomof2 at 3:41 PM on Jul. 3, 2010
Answer by 29again at 10:02 PM on Jul. 3, 2010
Answer by 29again at 10:12 PM on Jul. 3, 2010
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