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Re: Unemployment at 8.2%, BUT

Posted by RIPTA42HopeTunnel on Fri Apr 6 12:47:31 2012, in response to Re: Unemployment at 8.2%, BUT, posted by Chris R16/R2730 on Fri Apr 6 12:24:33 2012.

Unemployment was never as high, or as closely watched as it is now.

It was higher in 1982-83 than it has been any time since and was certainly closely watched then.

I think it should be re-calculated no matter who is president.

You can't just change an internationally accepted methodology. FWIW, the BLS does report several different measures of unemployment, including the rate including discouraged workers (it's 8.7 percent).

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