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Comments on: Careful throwing stones: The employment rate http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/ The Visible Hand in Economics Fri, 06 Aug 2010 20:24:24 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: StephenR http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26835 Fri, 06 Aug 2010 20:24:24 +0000 http://www.tvhe.co.nz/?p=5201#comment-26835 Well the link to The Standard is gone now too, guess he deletes all of them.

]]> By: sid peterson http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26813 Fri, 06 Aug 2010 13:21:24 +0000 http://www.tvhe.co.nz/?p=5201#comment-26813 to calculate the labor force participation rate use the equation:

LFP = CLF/ CNIP — meaning labor force participation is calculated by dividing the civilian
labor force by the civilian non-institutional population.

as for the unemployment rate use:

unemployment rate = unemployment/ CLF

and for the employment rate use:

employment rate = employment/ CNIP

Read carefully and Apply it.

]]> By: Matt Nolan http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26764 Thu, 05 Aug 2010 22:33:15 +0000 http://www.tvhe.co.nz/?p=5201#comment-26764 @scrubone

Sounds like we all agree, weird 😀

@StephenR

These things happen. My working assumption will be that it wasn’t on purpose.

If it was on purpose then it is disappointing – nearly as disappointing as the fact that Paul Krugman and his buddies keep running around quoting a graph that shows the Beveridge curve in the US is broken, when the person that made the graph corrected it and admitted they had made an error.

]]> By: StephenR http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26759 Thu, 05 Aug 2010 20:43:47 +0000 http://www.tvhe.co.nz/?p=5201#comment-26759 Perhaps i’m missing something, but there used to be a link to this post at the bottom of I/S’s post, but now it’s disappeared, with a link to The Standard in its place. I remember Liberty Scott complained about his links to NRT disappearing too.

Try again?

]]> By: scrubone http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26744 Thu, 05 Aug 2010 07:02:34 +0000 http://www.tvhe.co.nz/?p=5201#comment-26744 I don’t mind partisan, what I dislike is irrational hatred of the sort that always assumes that those on the “other side” have some sort of nefarious purpose, rather than a genuine difference of view or opinion.

As Eric says, when you get past the noise and nonsense, he gets some good stuff up – and I say that as someone who disagrees completely with his views.

]]> By: Matt Nolan http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26727 Wed, 04 Aug 2010 21:41:31 +0000 http://www.tvhe.co.nz/?p=5201#comment-26727 @scrubone

@Eric Crampton

I enjoy some of NRT’s stuff, but I find the attacks to much – that sort of stuff is the reason why I haven’t put them on my blogroll and generally don’t read them anymore. I guess I’m just not very partisan, and sorta dislike it.

]]> By: Eric Crampton http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26725 Wed, 04 Aug 2010 21:31:32 +0000 http://www.tvhe.co.nz/?p=5201#comment-26725 NRT: lots of noise, but when there’s signal, it’s very very good.

]]> By: scrubone http://www.tvhe.co.nz/2010/08/04/careful-throwing-stones-the-employment-rate/#comment-26705 Wed, 04 Aug 2010 10:43:52 +0000 http://www.tvhe.co.nz/?p=5201#comment-26705 Too many times, Idiot is simply a left-wing version of Whale Oil. The fact that he couches his post in intellectual terms doesn’t hide the fact that he’s very prone to lashing irrationally at those he hates.

]]>