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The time is now 11:25 pm
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May 1, 2024, 7:08 pm
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So nice of them to tout the employment and belittle the unemployment.
Published:
Updated:
"Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today." - Employment Situation Summary, U.S. Bureau of Labor Statistics
See, there's a reason the unemployment is belittled and expressed as a funny numbers percentage.
It's so most you can't do the math easily.
The unemployment was not little changed by person count.
Actually, 222,000 people became unemployed in February, not such a little change is it now, aye.
If you do the math we can see there's a difference: 175,000 - 222,000 = -47,000.
That's the main reason for the goofy expressions they use.
It's so you don't see the real change.
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