Has the definition changed? Not that I know of, but I do know that it’s the time of year when that happens. Halloween, Thanksgiving, Christmas, and Halloween is bigger than it ever has been, so they start holiday hiring sooner than they used to.
I heard the Meijer part-time hiring announcement on the radio yesterday, and sure enough the company has announced it’s tripling it’s part-time hiring this year. Others are following suit.
Obama’s team knew that had to happen, so with discouraged workers lowering the number of official unemployed and the part-timers increasing the number of employed, that UE number had to fall.
Why anyone can conclude that a person not looking for a job for 4 weeks warrants dropping him from the unemplooyment rolls altogether makes sense is beyond me, but that’s what they do.
He’s not “unemployed”....he’s “discouraged”.
(And in the meantime he’s not got a job.)
One more report on 11/2.