Tag: rate

That unemployment rate the drive-bys regularly quote to you is actually a percentage of the “workforce.” In economics, the “workforce” is defined as that portion of the population, of working age,  who are employed in civilian or military jobs.  People who are unemployed, but actively…

      The headline says the unemployment rate is “holding steady.”   If you read into The Charlotte Observer’s story, you get a better understanding of WHY  (and it ain’t good) : North Carolina’s unemployment rate was unchanged last month at 9.4 percent, breaking…