Comments on: An interesting way to look at the February job numbers https://habitablezone.com/2013/03/10/an-interesting-way-to-look-at-the-february-job-numbers/ Fri, 03 Apr 2026 22:41:18 -0700 hourly 1 http://wordpress.org/?v=3.3.1 By: SteveS https://habitablezone.com/2013/03/10/an-interesting-way-to-look-at-the-february-job-numbers/#comment-22999 SteveS Tue, 12 Mar 2013 22:50:20 +0000 http://habitablezone.com/?p=30524#comment-22999 It's a numbers game. And that current number will be downgraded like all the previous initial unemployment rates were. The telling part of the unemployment scene is that workforce participation is at its lowest level in decades. When Obama took office the unemployment rate was 7.8%. Now it is said to be at 7.7% yet millions more are out of work. If we would just base the unemployment rate on the total number of people out of work and should be working we would get the real picture. Just my 2 cents. It’s a numbers game. And that current number will be downgraded like all the previous initial unemployment rates were.

The telling part of the unemployment scene is that workforce participation is at its lowest level in decades. When Obama took office the unemployment rate was 7.8%. Now it is said to be at 7.7% yet millions more are out of work.

If we would just base the unemployment rate on the total number of people out of work and should be working we would get the real picture.

Just my 2 cents.

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