Friday, May 06, 2011

Whither thou 9% unemployment rate

Tim Kane is worried.

I actually think its good, ironically, that more people are looking for jobs. Having the government incent people to not look is worse.

But we need a better statistic. Bryan Caplan suggested percentage of the population employed. I think this is better than what we currently have.

Statistics are like a bikini. What they present is suggestive, but what they conceal is vital.--Aaron Levenstein

Previous BS installment here.

No comments:

Post a Comment