Spicer: Unemployment Number Not the Most Accurate Way of Measuring How Many Are Employed
EXCERPT:
SPICER: "How many jobs are created and have any people are getting back to work, how many companies are committed to hiring more people, it’s a much more accurate assessment of where we are headed as a country, where our employment is, where our economy is headed. But to look at a number and say we have 4.7 percent or 4.8 or 5.9 percent unemployment is not necessarily an accurate reflection of how many people are actually working, seeking work or want to work and if you know how they conduct those surveys, there's a lot of time when people whether they are older or younger or because of how long they’ve been searching for work are not considered statistically viable anymore and they're washed away. So I think how you look at the percentage of people working can sometimes be a manipulated number. The number of people that are added to the role every month is a much more accurate understanding of what's happening in the economy."