[Brown Deer]

ARE YOU A MORON?

The original statement made was, "Because of the way they calculate U3, this (should) ironically make the U3 start shooting back up as tons of people reapply for benefits."

YOU replied, "The above is incorrect. Completely. Where does this misconception come from?"

The fact is, U-3 is the total unemployment rate. Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.

When people who left the workforce, reapply for unemployment compensation, they will then again be counted as part of the unemployed. This in turn will raise the unemployment rate!

Seriously!

Don't tell me what I can quote and can't quote! Obviously, you don't know what you are talking about.

[1rudeboy]

Ok, let me run this by you again, slowly.

Whether or not you apply for unemployment insurance, continue employment insurance, or run out of unemplyment insurance, has nothing to do with the way the unemployment rate is calculated.

It might affect the unemployment rate, for the reasons you mention, but it could just as easily affect it downward, WHICH IS WHY THE DATA IS NOT USED.

Hilarious.