Unemployment
numbers can be very misleading. They can be adjusted after
publication because of errors and short-term occurrences. And other
considerations must be part of the analysis.
Such
as job creation. Look at that alongside the unemployment figure.
Other
factors must always be considered as well: The length of time folks
are unemployed. The number of those taking unpaid leave from
existing jobs. People who have given up looking for work. Those who
may have taken early retirement.
The
possible diminishing size of the average work week.
All
of these affect what we should note as unemployment figures.(See the Earl J
Weinreb NewsHole® comments.)
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