Labour force statistics tend to consider employment regardless of a one day paid employment a person has done in a given period.Statistics for that period always makes generalisation on the rate of unemployement which at most cases can be pronounced as low. This is why I am seeking for your opinion on Labour force employment and unemployment rate of a country.
Does employmet statistics accurate or misleading?
There are many shortcomings to how a nation measures it%26#039;s unemployed. You mentioned just one scenario. Still, as long as we use the same consistent methods, we can recognize change. For example, if my mother%26#039;s kitchen scales says I weigh 130 lbs, when in reality I weight 135, there is an error here. However, as long as I continue to weigh myself with this same scale, I can see true gain or loss in my weight. Do you see my point?
P.S. you must be from outside the U.S.? You are spelling labor---l a b o u r.
Does employmet statistics accurate or misleading?
loan
Don%26#039;t count on it.
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