2011-01-17, 12:12 AM
Mute Wrote:IIRC after being on unemployment for 6 or so months you're no longer counted as you're viewed as "incapable and uninterested in working."
Discouraged worker right? I forget the current time span required to become one, but I do know that it is a great exclution to use when you are hiding major issues in the economy.
One problem I have with the term is that they mix in people that have given up on employment with people who are continuing to search. They should at least leave the active searchers in the unemployment crowd, rather than group them with dissimilar people and pull them out of the official statistics.
And because it's a good idea to have them, a source:
http://www.dailyfinance.com/story/career.../19556146/
http://webcache.googleusercontent.com/se...clnk&gl=us (the original page no longer exists)