Latest unemployment numbers





Blogger Omer B said...

I don't know how true it is, but I have heard of people who have been hired for census jobs claim that they would be hired then fired and then rehired, sometimes multiple times, to inflate the jobs numbers. Allegidly, a "new job" is created when someone gets hired, no matter how long they hold the job for, even if it's for an hour. So if one where to be hired at 9 am, then fired at 10 am, them hired back at 11 am, then fired again at noon, then hired once again at 1 pm, then that would mean the government has "created" 3 jobs.

6/05/2010 10:29 AM  
Blogger John Lott said...

Thanks, Omer, but that won't mess up the numbers. The unemployment rate is determined by a survey. You are either employed or unemployed at the moment that you are surveyed. You can't be counted twice.

6/05/2010 7:12 PM  

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