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![]() "jps" wrote in message ... "NOYB" wrote in message m... No, the proof is in the unemployment rate. Surveyed businesses layoff workers, yet the unemployment rate goes down. Why? Because the unemployment rate surveys households...and that means the people in those households are working somewhere. Where are they working? Obviously in businesses not tracked as closely by the payroll data (ie--small businesses). And I had understood the jobless rate was determined by claims made at unemployment offices. Are you using Fox News surveys? That is new unemployment claims. That is a different statistic. Unemployment is done by survey. del cecchi |
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