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Richard Stallman's Political Notes

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The "unemployment rate"

vendredi 20 décembre 2013 à 13:00

Republicans' method for reducing the unemployment rate is to cut unemployment benefits. In North Carolina, this made 77,000 people give up looking for work, so they are not longer counted in the "unemployment rate".

It is a mistake to judge the success or failure of government policies by the official unemployment rate. The real measure of unemployment is number of people who are of working age but not working or in school, and not independently wealthy.