[lbo-talk] Why High French Unemployment Rate?

Doug Henwood dhenwood at panix.com
Tue Dec 25 07:49:44 PST 2012


On Dec 25, 2012, at 10:16 AM, Wojtek S <wsoko52 at gmail.com> wrote:


> If person A does not bother to look for a job, he is not counted as
> unemployed but if person B is looking - he his. These subjective
> differences may also be a source of variations in unemployment rates,

There's not much subjective about the BLS questions. Were you employed during the week of the 12th? If not, did you want a job? If yes, then did you actively look for work - answering an ad, knocking on doors, sending out resumes - over the last week? If yes, you're unemployed. If no, next question: did you actively look over the last year? If yes, discouraged. If no, not in labor force (though wanting a job).

Doug



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