Thursday, March 25, 2010

How Bad Is It, Really?

This article talks about how unreliable unemployment rates can be due to the poor methods used to determine them. It gives details of the problems involved in the surveys that are conducted. It says that employment is more dependent on race, class and education.

2 comments:

  1. This article pretty much intertwines with my conduct of political inquiry, which talks about how correctly create surveys. Obviously, these government officials need to that class. On another note, I believe the system is flawed when the survey is picky about who they want to be considered as unemployed. It should be simple, include anyone without a job, not matter if they are searching or not, that's my opinion on the situation.

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  2. I think there may be some truth to the idea that the methods used to conduct unemployment surveys could be skewed. The telephone surveys that are being relied on to illustrate a snapshot of our current unemployment may be underestimating the actual unemployment numbers. Although these numbers may be incorrect, i believe they are the best efforts of the people who are in charge of estimating unemployment and while they may be incorrect, they do give us a good idea of the direction of the employment status in the U.S. This, i believe, is more important.

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