Skip to main content

Replies sorted oldest to newest

James Holden,

Sorry, but your schematic's conclusion doesn't meet the smell test.

If 7.2 percent unemployment equals 17.5 percent as measured 80 years ago, then, the 9.7 percent unemployment rate recorded in 1982 would extrapolated to 23.5 percent as measured, by your statement, 80 years ago.

Obviously, there was no repeat of the great depression during the early 80's, nor massive numbers on the streets. I suggest you need to re-examine your conclusions.
Last edited by Howard Roark
i'm not sayin' all the math is right on that second chart, but it does a great job of pointing out that the formula's the government uses to report non/un/underemployment have changed-- and that they rarely report the true number of non/un/underemployed people.

i don't take statics as facts, unless they are provided by an agency that I trust with many supporting facts and a comprehensive breakdown of the results.

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×