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Re: ''Don't let anybody tell you that businesses create jobs''

Posted by RIPTA42HopeTunnel on Mon Oct 27 08:50:38 2014, in response to Re: ''Don't let anybody tell you that businesses create jobs'', posted by Sand Box John on Sat Oct 25 22:01:54 2014.

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Are you familiar with the term "Job Participation Rate"? Said rate began falling around mid 1999...Those individuals are no longer counted in the unemployment rate.

The U-6 unemployment rate, which counts those people, has closely followed the U-3 umemployment rate which doesn't.

U-3:



U-6:



The difference between the two dropped from about 5 to 3 from 1994 to 2000, increased to 4 by 2002 and stayed there through 2007, grew to 7 by the end of 2008, and has steadily fallen to 6 since early 2012.



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