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To: Smokin' Joe
Now, because you no longer qualify for Federal unemployment benefits, if you don't have a job, you don't count.

False. Unemployment compensation has nothing to do with how the unemployment rate is calculated.

11 posted on 05/04/2012 7:02:10 AM PDT by 1rudeboy
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To: 1rudeboy
Well, maybe I am wrong, but I had been brought to believe that if you no longer qualified for benefits, you were removed from the officially unemployed. Note that the statistic used is one of initial jobless claims (unemployment), not who lost a job. If you can't claim, you aren't counted.

Now, if I'm wrong, kindly show me how and provide some links so I can be better educated on the subject. Thanks.

12 posted on 05/04/2012 7:07:29 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: 1rudeboy
False. Unemployment compensation has nothing to do with how the unemployment rate is calculated.

Nice change of subject, rude. But you already knew that...

Smokin' Joe: Now, because you no longer qualify for Federal unemployment benefits, if you don't have a job, you don't count. You are a 'discouraged worker' or some such and no longer in the labor force.

True.

14 posted on 05/04/2012 8:16:45 AM PDT by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
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