Audio Asylum Thread Printer
Get a view of an entire thread on one page
|For Sale Ads|
In Reply to: RE: Why do you think the U3 number is higher? posted by email@example.com on November 24, 2021 at 09:03:30
between counts and percentages.
I find the latter a truer indicator of trends.
A bit of a snarky cop-out there. : )
Why do you think the U3 number is higher today than in 2018?
a pandemic tends to impact those stats ... well, dominate actually
there's a definite ripple effect that's not been measured in a modern economy before
to describe different aspects of sets of numbers.
Uh yeah I get simple math concepts.
But what do you believe affected the U3 numbers today vs 2018?
U-6 October 2018 was 7%, October 2021 7.7%.
must be a different US Jim ... lol
"The unemployment rate ticked down to 4.6% in October from 4.8% in September, and the labor force participation rate was stable at 61.6% in October. Hourly earnings rose 0.4% month-on-month in October (September: +0.6% mom), while annual wage growth accelerated to 4.9% from 4.6%"
no seriously, I believe you mistakenly picked up on a State unemployment figure
I now suspect you of being borderline innumerate.
here's a link to the chart at BLS for civilian US unemployment from the article [which I verified] and had recently read, clearly showing 4.6%
that's why I disagreed ... politely I thought but maybe you didn't take it that way?
I didn't notice your ref. to the U6 figures and you had not provided a link in the post I replied to, my apologies for any confusion
and my thanks for the smug reply and insult, I did learn something today
I get too excited over what I consider to be misleading government communication, and communication that the media lack the numeracy to correct. I shouldn't have taken it out on you. Enjoy your Thanksgiving.
he doesn't understand the number in the workforce is not a constant.
Post a Message!
This post is made possible by the generous support of people like you and our sponsors: