{"id":2381,"date":"2010-07-15T15:15:00","date_gmt":"2010-07-15T20:15:00","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2010\/07\/the-unanswered-question\/"},"modified":"2010-07-15T15:03:18","modified_gmt":"2010-07-15T20:03:18","slug":"the-unanswered-question","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2010\/07\/the-unanswered-question\/","title":{"rendered":"The Unanswered Question"},"content":{"rendered":"<p>Take a look at this headline from <a href=\"http:\/\/tcbmag.blogs.com\/daily_developments\/2010\/07\/mn-june-unemployment-rate-drops-sheds-3700-jobs.html\" target=\"_blank\">Twin Cities Business<\/a>:<\/p>\n<blockquote><p><strong>MN June Unemployment Rate Drops, Sheds 3,700 Jobs<\/strong><\/p><\/blockquote>\n<p>Jobs are lost and the unemployment rate decreases\u2026how can this be?\u00a0 It is a question that begs an answer, yet you won\u2019t find it in this article.\u00a0 The closest it comes:<\/p>\n<blockquote><p>Minnesota\u2019s unemployment rate dropped 0.2 percent in June to a seasonally adjusted 6.8 percent even though employers cut 3,700 jobs during the month, the Minnesota Department of Employment and Economic Development (DEED) said on Thursday.<\/p><\/blockquote>\n<p>Clearly workers had to leave the workforce or unemployment benefits expired for many Minnesotans.\u00a0 It is probably a combination of both factors.\u00a0 This is a critical flaw in the unemployment number.\u00a0 The better approach here would be to track how many people are actually working.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take a look at this headline from Twin Cities Business: MN June Unemployment Rate Drops, Sheds 3,700 Jobs Jobs are lost and the unemployment rate decreases\u2026how can this be?\u00a0 It is a question that begs an answer, yet you won\u2019t find it in this article.\u00a0 The closest it comes: Minnesota\u2019s unemployment rate dropped 0.2 percent in June to a seasonally adjusted 6.8 percent even though employers cut 3,700 jobs during the month, the Minnesota Department of Employment and Economic Development (DEED) said on Thursday. Clearly workers had to leave the workforce or unemployment benefits expired for many Minnesotans.\u00a0 It is probably a combination of both factors.\u00a0 This is a critical&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2010\/07\/the-unanswered-question\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[49,2,23],"tags":[1748,1156,1619,1618,1082,1616,1617],"class_list":["post-2381","post","type-post","status-publish","format-standard","hentry","category-economy","category-hiring","category-retention","tag-hiring","tag-job-loss","tag-jobs-gained","tag-mn-unemployment","tag-unemployment","tag-unemployment-number","tag-unemployment-percentage"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-Cp","jetpack-related-posts":[{"id":2374,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/07\/job-location-north-dakota\/","url_meta":{"origin":2381,"position":0},"title":"Job Location-North Dakota","author":"Derrick Moe","date":"July 12, 2010","format":false,"excerpt":"Ok, I know it isn\u2019t an exotic port of call, but North Dakota does have one very interesting fact \u2013 3.3% unemployment.\u00a0 From our local Pioneer Planet newspaper: Ziesch says the state had the lowest unemployment rate in the nation in June at 3.3 percent. He says North Dakota has\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1835,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/01\/the-72-flu\/","url_meta":{"origin":2381,"position":1},"title":"The 7.2 Flu","author":"Derrick Moe","date":"January 9, 2009","format":false,"excerpt":"Today's announcement of 7.2% unemployment is remarkable in a bad context.\u00a0 Yet, I do appreciate the AP writer's opening sentence (my color): The nation's unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs. Dramatic, wouldn't you say?\u00a0 Look, it\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2043,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/06\/the-pain-of-a-lagging-indicator\/","url_meta":{"origin":2381,"position":2},"title":"The Pain Of A Lagging Indicator","author":"Derrick Moe","date":"June 6, 2009","format":false,"excerpt":"Hiring, that is, and it appears that it is going to be an even rougher road over the back half of 2009.\u00a0 If you are in the recruiting, hiring, assessing business you are aware of this fact.\u00a0 9.4% unemployment is remarkable.\u00a0 From abcnews.com: The percentage of people without jobs in\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1611,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/06\/parsing-the-unemployment-number\/","url_meta":{"origin":2381,"position":3},"title":"Parsing The Unemployment Number","author":"Derrick Moe","date":"June 11, 2008","format":false,"excerpt":"The Herman Trend Alert enewsletter (sorry, no link) takes a look at last week's unemployment numbers.\u00a0 Some interesting items in there (emphasis mine): This increase in unemployment continues to mask the real situation. Looking at the BLS' Household Survey, in the month of May, the national unemployment percentages among adult\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1851,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/01\/where-the-jobs-arent\/","url_meta":{"origin":2381,"position":4},"title":"Where The Jobs Aren&#8217;t","author":"Derrick Moe","date":"January 19, 2009","format":false,"excerpt":"When the economy is in a downturn, most people wonder when will it bottom out.\u00a0 I\u2019m not sure if we have bottomed yet or not, but Yahoo has a quick story listing the 5 cities that will lose the most jobs this year (speculative, of course): The New York area\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2168,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/11\/the-non-employed\/","url_meta":{"origin":2381,"position":5},"title":"The Non-Employed","author":"Derrick Moe","date":"November 20, 2009","format":false,"excerpt":"Every week more numbers come out to reveal another level of ugliness in this economy.\u00a0 Today comes this article from CNNMoney.com.\u00a0 The state that speaks volumes: Every state had an unemployment rate in October that was higher than a year ago, and every state has lost jobs over the course\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2381"}],"version-history":[{"count":1,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2381\/revisions"}],"predecessor-version":[{"id":2382,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2381\/revisions\/2382"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2381"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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