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Loan Modification

: Mortgage Lender Implode-o-Meter

Reader Question Regarding "Dropping Out of the Workforce"; Implications of the Falling Participation Rate

By Implode-Explode Heavy Industries

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``Respondents are never asked specifically if they are unemployed, nor are they given an opportunity to decide their own labor force status. Unless they already know how the Government defines unemployment, many of them may not be sure of their actual classification when the interview is completed.''

Full post as published by Mortgage Lender Implode-o-Meter on January 08, 2011 (boomark / email).

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