Home › Forums › Financial Markets/Economics › Jobs vanish, unemployment drops … WTF? › The unemployment rate is a
The unemployment rate is a psychological indicator.
It counts only those who are unemployed and actively looking for work. The fact that fewer people are looking for work is not necessarily a good sign.
Relevant link: http://wallstreetexaminer.com/2010/02/05/the-real-unemployment-rate-3/
