U.S. changes how it measures long-term unemployment

Discussion in 'Economics' started by hippie, Dec 29, 2010.

  1. Wow...so next time we see unemployment numbers its going to look really really bad. Might see a report of unemployment being 17%. That should help tank the markets.
  2. Not quite, many of those who were unemployed for over 99 weeks are already too discourage to be actively looking for work. If not actively looking, they won't be counted. It doesn't matter if they extend the upper limit to 5 or even 10 years.
  3. S2007S


    nah, it will mean more QE3 and QE4!!!!!!!!

    Its all good, there is absolutely nothing to worry about with Bubble ben bernanke making these fine decisions.
  4. anyone know what this change showed?