Coverage of the 2016 primaries and, now, the general election, has been one yuge biased affair, at least two years from the start. Continue reading Only One Candidate is Flawed & 9 Other Lies of Election 2016 | Trump v. Clinton on Blog#42
Tag Archives: BLS
How The Unemployed Are Counted: Scoundrel Edition | #MSMBias on Blog#42
Mainstream media reporting is very frustrating this primary season, Continue reading How The Unemployed Are Counted: Scoundrel Edition | #MSMBias on Blog#42
Jared Bernstein on #Jobs report and full employment | #Unemployment on Blog#42
My comments on the jobs report Continue reading Jared Bernstein on #Jobs report and full employment | #Unemployment on Blog#42
Jared Bernstein and others on our economic outlook, the Fed, unemployment and #FedUp | Blog#42
This collection of analyses focuses on the outlook for employment for our precariat in the near term.
Precariat: a new social class in America’s new normal | #Economics on Blog#42
I’ve been writing and commenting on the new economy for the better part of the last six years. Continue reading Precariat: a new social class in America’s new normal | #Economics on Blog#42
Fixing the Downward Bias in the #Unemployment Rate | Jared Bernstein
High-Stakes Musical Chairs: Fixing the Downward Bias in the Unemployment Rate
By Jared Bernstein
October 10, 2014
Ever since the JOLTS (Job Openings and Labor Turnover Survey) came into existence, labor market analysts have looked at the ratio of unemployed to job openings. In fact, the BLS publishes that very metric monthly (see chart 1 here). My old EPI colleague Jeff Wenger used to call it the “musical chairs” number, as when it goes up (high levels of job seekers per job), you can envision a bunch of folks trying to get the one seat/job when the music stops.
Continue reading Fixing the Downward Bias in the #Unemployment Rate | Jared Bernstein