I think he's getting confused because he's been told

you can't average percentages... or something like that... but he doesn't understand what people mean when they say that. You actually CAN average percentages if the weightings are all the same. You can also calculate the percent change in percentages if the total value that the % is being calc'ed off of is the same (total labor participation in this case). The total labor participation did change slightly, hence my simplifying assumption on the math yielded an answer that was slightly off. But a calculator won't help because I think he doesn't fundamentally understand what he talks about half the time (if I'm being generous).

(In response to this post by hoothat)

Posted: 11/15/2019 at 11:02AM

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

Payments to porn stars by sleazy lawyers, campaign shenanigans resulting in -- bballbill 11/15/2019 02:04AM

The Lord works in mysterious ways ** -- Beerman 11/15/2019 08:31AM

Noooooooooooooo!!!!! It's all too much to handle!!!!! ** -- Hokieesith 11/15/2019 08:21AM

Morality and integrity are too much for you to handle ** -- WaxHoo 11/15/2019 10:31AM

You left off record unemployment, complete destruction of the Obama legacy -- TomKazanski 11/15/2019 07:31AM

Sadly, all you REALLY care about are the last two. ** -- HoosQ 11/15/2019 08:49AM

You're on extremely shaky ground in crediting a president for the first -- hoolstoptheheels 11/15/2019 08:59AM

Tom is a Russian bot. Or maybe Putin himself. ** -- Brown Water 11/15/2019 09:18AM

I think he was in the same theater I was last night. Wife and I had a date -- Shenhoo 11/15/2019 10:05AM

Tommy, Tommy, Tommy. -- Hoodeac 11/15/2019 08:46AM

Took over at 4.7 and was 4.3 by the spring of 2017. -- hooshouse 11/15/2019 08:51AM

And now it's 3.6%. Which is a 23% reduction in the number of -- BocaHoo91 11/15/2019 09:27AM

Tell me you did not get a change in percentages by dividing a percentage by -- Lazarus 11/15/2019 10:04AM

We should all cip in a buy Lazarus a calculator for Christmas. -- hoothat 11/15/2019 10:49AM

I think he's getting confused because he's been told -- BocaHoo91 11/15/2019 11:02AM

I know that... -- hoothat 11/15/2019 11:04AM

Yes. It's called math. If you have a total population of people seeking -- BocaHoo91 11/15/2019 10:28AM

And if you want to get a little more precise... -- BocaHoo91 11/15/2019 10:47AM

Well in 2016 it was really 20% or some great economists said 30% or 32% -- Seattle .Hoo 11/15/2019 09:06AM

It was hellacious ** -- Hoo TV 11/15/2019 09:36AM

MAGA. Or something. ** -- Seattle .Hoo 11/15/2019 10:15AM

Would have been better if it were Hillary or Obama. Either of them would -- HoosWillWin 11/15/2019 07:18AM

I highly doubt that...too many powerful friends ** -- Tuckahokie 11/15/2019 07:23AM

Not nearly as many as the legend of Clinton criminality suggests. ** -- hoolstoptheheels 11/15/2019 08:50AM

The "Friends of Bill" that paid his legal fees were not necessarily -- Tuckahokie 11/15/2019 09:04AM

Are you kidding me? Hillary would have already been impeached for -- HoosWillWin 11/15/2019 07:27AM

Impeachment does not mean jail time...all Bill received was a disbarment ** -- Tuckahokie 11/15/2019 08:49AM

If Hillary had done all the things that Trump has done, the GOP -- HoosWillWin 11/15/2019 10:52AM

Hillary is the biggest hypothetical victim in history ** -- HokieDan95 11/15/2019 08:21AM

I'd say that's in the eyes of the beholder. Kind of funny. -- hoolstoptheheels 11/15/2019 08:49AM

No way. Good comedy has to be believable. Something like, say, a big fuss -- 81_Hokie 11/15/2019 07:03AM

My favorite of that Birther myth is Ted Cruz had an issue since he was born -- HiwasseeHoo 11/15/2019 07:45AM

You know the difference ** -- hooshouse 11/15/2019 08:44AM

Sure do ** -- HiwasseeHoo 11/15/2019 08:52AM