More economics from the trenches

Mon, 29 Apr 2002 23:47:43 -0400

At 08:23 PM 4/29/02 -0700, Adam L. Beberg wrote:

the reason why the unemployment rate is comparatively low is that the 
_employment_ rate has been declining. Low UNemployment rates have been 
driven by a shrinking labor force over the past two years: between 
2000-2002, the employment rate fell 2.2% which is an historically large drop.

btw, thanks for all the help with mail usage stats!