Posted on Apr 6, 2017
U.S. weekly jobless claims post largest drop in almost two years
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More good news on the economic front!
U.S. weekly jobless claims post largest drop in almost two years
Posted from reuters.comPosted in these groups: 
Economy
Employment
Economy Employment
Posted >1 y ago
Responses: 4
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Optimism in action. When I see the Labor Participation Rate gets to a more normalized level, I will be a believer. We have millions of workers on the sidelines. This creates a drain on government revenues. As stated earlier.
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The labor market is near full employment but these things never look at the number of people who ran out of unemployment benefits and still aren't working.
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MCPO Roger Collins
From WIKIPEDIA. The LPR isn't considered, even though some statistics show over 90 million under/unemployed and not counted.
The 20th century British economist William Beveridge stated that an unemployment rate of 3% was full employment. For the United States, economist William T. Dickens found that full-employment unemployment rate varied a lot over time but equaled about 5.5 percent of the civilian labor force during the 2000s. Recently, economists have emphasized the idea that full employment represents a "range" of possible unemployment rates. For example, in 1999, in the United States, the Organisation for Economic Co-operation and Development (OECD) gives an estimate of the "full-employment unemployment rate" of 4 to 6.4%. This is the estimated unemployment rate at full employment, plus & minus the standard error of the estimate.
The 20th century British economist William Beveridge stated that an unemployment rate of 3% was full employment. For the United States, economist William T. Dickens found that full-employment unemployment rate varied a lot over time but equaled about 5.5 percent of the civilian labor force during the 2000s. Recently, economists have emphasized the idea that full employment represents a "range" of possible unemployment rates. For example, in 1999, in the United States, the Organisation for Economic Co-operation and Development (OECD) gives an estimate of the "full-employment unemployment rate" of 4 to 6.4%. This is the estimated unemployment rate at full employment, plus & minus the standard error of the estimate.
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Sgt John Steinmeier
I don't really believe my post. It was just a landmine...wanted to see who would step on it.
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