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## If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

And those who already have jobs continue to look for work, and therefore only a fraction of those who have looking for work(even without jobs) are not getting unemployment insurance.
So if the unemployment rate is 8% or higher, how could those getting UI hold up the unemployment rate if x amount of job hunters aren't getting any? Assuming, of course, that those getting UI weren't job hunting.
Wouldn't that simply mean fewer applicants chasing the same number of jobs? If there are 5 person for each job, and 2 out of 5 persons aren't job hunting, does that mean there is a net fewer number of people working than if they were all job hunting?
inaki7

Posts: 402
Joined: Fri Apr 01, 2011 10:18 pm

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

You're supposed to look for work, I thought in the "last week", but maybe it's 3 months in your state.

But I suspect you can just say "yes I looked for work" without having to prove it. Or maybe just sending out a resume counts.

When you include the chronically unemployed, like Children and Senior Citizens, the REAL Unemployment Rate is something like 55%.
diomasach46

Posts: 438
Joined: Thu Mar 31, 2011 5:34 pm

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

5 million more unemployed now than when Obama took office. Libs can spin the pct anyway they won't but it is all lies and fuzzy math!

Posts: 421
Joined: Fri Apr 01, 2011 3:16 pm

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

The unemployment rate is going down. That's the only number that matters.
franky64

Posts: 396
Joined: Fri Apr 01, 2011 7:49 am

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

"There were 3.7 million job openings on the last business day of March, little changed from February, but up significantly from a year earlier. The hires rate (3.3 percent) and the separations rate (3.1 percent) were unchanged in March."

http://www.bls.gov/jlt/
valerio97

Posts: 399
Joined: Sat Apr 02, 2011 10:07 am

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

You need to rewrite this. Why would people "who already have jobs continue to look for work"? And what does "a fewer number of people working than if they were all job hunting" mean?
branduff

Posts: 454
Joined: Thu Mar 31, 2011 4:31 pm

### If the unemployment rate consists of those who've looked for look in the past 3 months and can't find it?

The Unemployment level consists of those who actively looked for work in the previous 4 weeks (not 3 months). Right now about half of all unemployed are receiving benefits. Those getting benefits are looking for work, as that's a requirement to receive benefits.

People who have jobs are not classified as unemployed, regardless of whether or not they're looking for work.
bardon

Posts: 389
Joined: Fri Apr 01, 2011 10:57 pm