charles_v Wrote:
Oct 07, 2012 4:29 AM
(continued) So for the U3 rate to drop It should mean that a full time job was replaced by one that is of comparable salary, such as 50% of the old job. Otherwise it should transfer to the U6 rate. So is suspect what is happening is that the part time jobs are really underemployed jobs but they are counting them differently for election purposes. seasonal christmas hiring is too far away for this to affect it.