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Jobless claims lowest since 2000

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Does that take into consideration the people that have run out of benefits? :huh

  • Author
Does that take into consideration the people that have run out of benefits?  :huh

Nope it is just claims. The unemployment number is one of the most easily manipulated because it is so specific. You are considered "employed" if you work one hour in a week.

Nope it is just claims.  The unemployment number is one of the most easily manipulated because it is so specific.  You are considered "employed" if you work one hour in a week.

Thanks for the info! Understood.

Nope it is just claims.  The unemployment number is one of the most easily manipulated because it is so specific.  You are considered "employed" if you work one hour in a week.

Isn't it also misleading that some people who are not actively looking for, or wanting employment, are listed as unemployed? Or is this a different statistic?

  • Author
Isn't it also misleading that some people who are not actively looking for, or wanting employment, are listed as unemployed? Or is this a different statistic?

If they are filing unemployment claims they are required to put forth so much effort to look for work, granted the chances of being checked on are remote, but statistically I gotta believe the amount of people who have exhausted their 6 months are way more than people too lazy to look for a job. If they were just not looking for work, and not filing claims, they don't count towards the "official" unemployment number.

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