Dr. Joe Recalculates the Unemployment Rate: It Improves to 7.1%, but Problems Remain; Printing Employment Holds Its Own, Unless You’re a Supervisor

Today’s release of the unemployment rate was the clash of two survey methodologies: the household survey and the payroll survey. Federal workers, idled by the shutdown were considere unemployed in the household survey but employed in the payroll survey because of the assurance that the workers would be paid for their idle time during the...

This labelling news was spotted at Economics & Research
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