The problem with that is that it leaves out some people: marginally employed (students and homemakers who don't need full income yet), discouraged workers (people who have given up on finding work and decide to find another way to live... off other people), and partially employed (this is a biggie and effects a lot of tech people... if you have any part-time income you are considered employed).
The last one there is the big one. A lot of tech people lost full-time positions, cannot find a new one, and so to make ends meat have taken up odd jobs. Few hours of consulting here and there, part-time work.
So when the govt. says were doing fine since the unemployment rate is dropping, there full of crap!
-john
On Apr 5, 2004, at 1:18 PM, [EMAIL PROTECTED] wrote:
Looks to be pretty well defined... Doesn't look like the U.S. understanding of
the word deviates from the real meaning.
