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Labor Bureau Says 'Misclassification Error' Is Making Unemployment Rate Look Lower Than It Really Is

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'Long story short, BLS is telling us that we're at 16 percent unemployment.'BLS, a Labor Department agency staffed with more than 2,000 career officials, admitted at the end of its report that 'a large number of workers... were classified as employed but absent from work.' Those workers, the agency explained, should have been classified as 'unemployed on temporary layoff' by household survey interviewers but were not.If those workers had been categorized correctly, the agency said, the 'overall [May] unemployment rate would have been about 3 percentage points higher than reported.'

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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