Why Does The Unemployment Rate Not Include Post Insurance Unemployed?
People who are out of unemployment insurance and still unemployed are not counted . Why? Wouldn’t it be a more true indicator of the state of the emploment situation? Does the country’s leader really think you should be a departent store greeter 6 months and 1 day after your tech job goes to China.
Because it’s the unemployment RATE, not the unemployment percentage. It’s the rate of new applications being filed to collect unemployment insurance.
No, the countrys leader probably doesn’t think that. Since this is money paid to you as a result of making a ‘claim’ on the policy you paid into while you were working, you are only due the dollar value that you were insured for.