BUSINESS
02/06/2012 06:18 pm ET

John Cassidy: Why The Bureau Of Labor Statistics Didn't Count 1.2 Million Unemployed

I would like to respond to something many commentators, on this site and others, have picked up upon: a suggestion that the Labor Department’s Bureau of Labor Statistics (B.L.S.) cooked the unemployment rate by removing 1.2 million Americans from the labor force. Some critics claim that these people should have been counted, and the unemployment rate should be considerably higher than 8.3 per cent.

Read more on New Yorker

-

CONVERSATIONS