Large state's unemployment left out o...

Large state's unemployment left out of report

Posted in the Ohio Forum

Jazzcat

AOL

#1 Oct 11, 2012
Stuart Varney this morning: One very large state was left out of the unemployment figure reported last week, so the numer and percentage of unemployment, reported at 7.8%, is incorrect.

Which state was ommitted is unclear. So much for transperancy.
Kathy P Cameron Park

El Dorado Hills, CA

#2 Oct 11, 2012
I am almost sure it is California
Jazzcat

AOL

#3 Oct 11, 2012
Kathy P Cameron Park wrote:
I am almost sure it is California
idk I was thinking maybe PA. It will come out in 4 or 5 days.
citizen

Shepardsville, IN

#4 Oct 13, 2012
Did you know the 7.8% rate was done by a household survey? I'd like to know how many people took a part-time or seasonal job because they couldn't find anything else. Probably the majority.

Fact...close to 15% of the American people are unemployed or underemployed
Carl M

Apex, NC

#5 Oct 16, 2012
citizen wrote:
Did you know the 7.8% rate was done by a household survey? I'd like to know how many people took a part-time or seasonal job because they couldn't find anything else. Probably the majority.
Fact...close to 15% of the American people are unemployed or underemployed
The U3 unemployment rate is adjusted for seasonal changes such as holiday employment or seasonal agriculture. However, part time and discouraged workers are not counted. For that you need to look at the U6 index which is the most inclusive unemployment rate and it held steady last month at 14.7%.

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