Why the unemployment rate is really higher than it looks

January 31, 2004 2:36am by Barry Ritholtz

Dan Gross’ Moneybox column in Slate gives big ups to the Big Picture. Dan referred to our clear eyed view of what’s become a contentious issue: the so called “Self-Employed Work-at-Home Contractors.”

Thanks for the kind words, Dan!
(Sorry ’bout the wisecracks ’bout your alma mater!)

UPDATE: February 1, 2004 5:02PM
Dan also has an interesting column in the Sunday Times, which I will point to despite the fact that I am no where to be found in it, thus, ending my streak of mentions in intelligent commentary at a grand total of one straight.

Source:
Odd Jobs: Why the unemployment rate is really higher than it looks
By Daniel Gross
Posted Friday, Jan. 30, 2004, at 1:57 PM PT
http://slate.msn.com/id/2094690/

Growth Forecasts, Without the Wait
DANIEL GROSS
New York Times, February 1, 2004
http://nytimes.com/2004/02/01/business/yourmoney/01view.html

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thebizofknowledge commented on Aug 12

I stumbled across your blog while I was doing some online research. The only thing the unemployment rate considers is how many are collecting benefits. Many exhaust their benefits, give up on finding work and end up on assistance, or start working part-time jobs to try to make ends meet.

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