[laker20]

You think retirees and others that don't seek work might fall into #3? It really has no bearing on "people giving up finding a job". Numbers and statistics can be twisted any number of ways to make whatever side's point look valid, when in fact, it isn't.

There are a number of people who fall into #3, some not seeking work for legitimate reasons and some who have chosen to stop the search, etc. In fact, the rate has been calculated by the same means for 70 years or so. However, the survey itself can change and is somewhat secretive. So, while the process has remained unchanged for several decades. The questions being asked that determine placement could vary tremendously, and the rate can be effected based on the survey questions. (i.e. "Are you currently employed? If not, have you completed an application for employment within the past 30-days?" A "No" answer could be the determination that you aren't currently seeking employment) Now, I'm not saying that is on the survey, but one has to assume that the numbers are often swayed (by either party) by the questions being asked. My point, was that it wasn't BS or talking points. It is well known that those not actively seeking employment are not counted.

Every piece of information, data, etc. can be used to prove various points that may even be opposing (Spin). However, there is generally only one way that is accurate and it's seldom presented by any form of major media. So I agree with your last statement.