Why might the listed unemployment figure reported monthly actually understate the true rate of unemp

Because it doesn%26#039;t include people who have stopped looking for work, or homemakers, or unpaid caregivers.

Why might the listed unemployment figure reported monthly actually understate the true rate of unemployment?no fax loan

The unemployment figures only take into account those who have filed for benefits, and those who have come off. So just because unemployment figures are down, doesn%26#039;t mean that people are back working. People may have run out of time to collect their benefits and are now out of money or never filed in the first place because they had money saved up for such a situation.

Why might the listed unemployment figure reported monthly actually understate the true rate of unemployment? loan

Depends where you%26#039;re at. In Australia, the Liberal government (that%26#039;s right wing conservative) shifted the goalposts some years back by declaring that any person who worked - for pay - for ONE HOUR or more during the fortnight would not be deemed unemployed. It dropped the statistics smartly, I can tell you. They still use that excuse to hide the reality. How%26#039;s it in your country?|||Unemployment in the United States is defined as any individual of working age that is currently actively seeking employment. So the rate could possibly be higher depending on personal perception. Some see unemployment as anyone of non-retirement age seeking employment. Also the rate does not include %26quot;disallusioned%26quot; individuals that feel like finding a job is hopeless. Its all about perception of what unemployment means.|||The unemployment rate is NOT based upon unemployment compensation benefits. It comes from the CPS survey of 60,000 households each month. The things that can throw it off are %26quot;discouraged workers%26quot;, these are folks who once were in the labor force and actively pursuing employment. But, after weeks without success they stop looking and then they are no longer part of the labor force and can not then be part of the unemployment rate. Moms that stay at home have nothing to do with this, so be careful of previous respondents. Since stay at home moms are not part of the labor force, they can not be part of an unemployment rate.|||Lot%26#039;s of complex answers, truth is there%26#039;s a natrual unemployment rate that%26#039;s accounted for. It%26#039;s about actually 2-4%.|||it doesnt take into account %26quot;discouraged workers/searchers%26quot; who want to work, but have given up on finding a job. It doesnt take into account %26quot;part-time unemployment%26quot;, which is people who are employed, but want to work more hours than they are given...|||All the reasons stated above and here%26#039;s another:

In my province, our employment rate went down, but it was because of the reduction in the labour force. Besides discouraged workers, retirees etc., a lot of young people just moved away to other provinces to find work. Therefore they fell off or never became part of the unemployed in our province.

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