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del cecchi
 
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Default Great Economic News: Recession is Over!


"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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