I am not reading anyone saying anything terribly different from what Tom
and I said.

I believe that the BLS people do a good job with the parameters that they
are given.  Doug is correct that they collect much of the information
necessary to give a better picture of unemployent -- except for the
general problem of counting the people who live at the very margin of the
economy or even beyond.

The common unemployment rate gives a reassuring picture of the economy
relative to the actual number of unmployed, but we can dig out better
indicators from the data they supply.

On Mon, Oct 07, 2002 at 06:12:02PM -0700, Sabri Oncu wrote:
> I said:
> 
> > Maybe I am just a dreamer, but I am not the only one!
> 
> After reading Jim's and Doug's comments, I came to the conclusion
> that I am the only one.
> 
> This is sad, very sad.
> 
> Not best,
> 
> Sabri
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]

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