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News Link • Economy - Economics USA

Fewest Teen Jobs added in June since 1951

Teens not looking for jobs - because the job market is so bad - actually helped push down the unemployment rate!

1 Comments in Response to

Comment by Die Daily
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It is just me, or is it completely retarded that the "why" behind not having a job figures so prominently into the official statistic? How is a person who is not looking for work in any real sense "not unemployed"?

Also, shouldn't Gallup be able to determine the unemployment rate very accurately merely by conducting a weekly scientific poll for about a zillionth of the cost? I know "Statistician" starts with "Statist" but this is just whacked.

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