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Reply #17: OK Frodo - Let's Challenge One Of Your Definitions [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
mhr Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-04 06:15 PM
Response to Reply #16
17. OK Frodo - Let's Challenge One Of Your Definitions
As you define U4, this category covers Discouraged but still looking workers.

You are right that at 42 months of unemployment, I am still looking yet discouraged.

However, how does the Government know this. I do not report my status to anyone. Not the county, not the state, not the Feds.

So how does anyone know to count someone in the U4 category?

I understand that you wish to "cling" to these definitions steadfastly.

However, I argue that the definitions do not mean much anymore since so many white collar professionals have exhausted their unemployment benefits and are still unemployed.

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