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scrat
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jon-"Actually, scratch all that. I just re-read the press reeslae. The ratio discussed is the number of unemployed to the number of ads not labor force so there are no drop-outs here."i think you were right the first time.that ratio is using u3 as a numerator.u3 has seen most of its drop come from a reduction in labor force (and labor force/population ratio).as soon as you become "discouraged" and stop looking for work, "poof" you're gone. this ratio picks up that same issue by using u3 as a numerator.it cannot tell discouraged workers dropping out from those finding jobs.
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(VISITOR) AUTHOR'S NAME
Emzari
MESSAGE TIMESTAMP
20 december 2014, 00:23:48
AUTHOR'S IP LOGGED
201.209.218.143
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