[lbo-talk] Why High French Unemployment Rate?

[Wojtek S]

So being discouraged is not subjective? It does not depend how respondents
feel about their prospect of finding a job?
It seems obvious that unemployment rate depends in part on that subjective
feeling since those who are discouraged don't count as unemployed, no?

Wojtek
Sent from my Droid
On Dec 25, 2012 10:56 AM, "Doug Henwood" <dhenwood at panix.com> wrote:


>
> 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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