1 00:00:00,000 --> 00:00:03,060 Welcome to another exciting episode of Are 2 00:00:03,060 --> 00:00:05,010 You Unemployed? 3 00:00:05,010 --> 00:00:06,450 [energetic music] 4 00:00:06,450 --> 00:00:08,480 Here's your host, The Bureau of Labor 5 00:00:08,480 --> 00:00:09,365 Statistics. 6 00:00:09,365 --> 00:00:10,885 [audience cheering] 7 00:00:10,885 --> 00:00:13,815 Hello, jobless Americans! The unemployment 8 00:00:13,815 --> 00:00:16,015 figures have been released. So it's time 9 00:00:16,015 --> 00:00:18,978 to see if you're officially unemployed! 10 00:00:19,181 --> 00:00:21,331 Let's meet our contestants. 11 00:00:21,331 --> 00:00:23,411 Contestant number 1. You were recently 12 00:00:23,411 --> 00:00:25,133 laid off. Have you found a new job? 13 00:00:25,133 --> 00:00:29,469 [sigh] No way. No one's hiring right now. 14 00:00:29,469 --> 00:00:31,909 I haven't even bothered to look. 15 00:00:31,909 --> 00:00:32,869 [Buzzer sound] 16 00:00:32,869 --> 00:00:35,039 I'm sorry! You are not in the labor 17 00:00:35,039 --> 00:00:36,965 market and therefore are not officially 18 00:00:36,965 --> 00:00:38,195 unemployed. 19 00:00:38,195 --> 00:00:39,785 [energetic music] 20 00:00:39,785 --> 00:00:41,945 Contestant number 2. It says here you lost 21 00:00:41,945 --> 00:00:44,185 your job as an auto worker. Have you found 22 00:00:44,185 --> 00:00:44,922 a new one? 23 00:00:44,922 --> 00:00:47,549 No, not yet. The industry isn't doing so 24 00:00:47,549 --> 00:00:50,949 well. I need a job but I stopped looking 25 00:00:50,949 --> 00:00:52,682 because the plants closed down. 26 00:00:52,682 --> 00:00:53,756 [Buzzer sound] 27 00:00:53,829 --> 00:00:56,779 Oh, I'm sorry! You're not working but 28 00:00:56,779 --> 00:00:59,099 you're not officially unemployed either. 29 00:00:59,099 --> 00:00:59,799 [Bell dings] 30 00:00:59,799 --> 00:01:01,929 Contestant number 3. You were an airline 31 00:01:01,929 --> 00:01:03,959 pilot until a recent downsizing. Have you 32 00:01:03,959 --> 00:01:04,699 found work? 33 00:01:04,699 --> 00:01:06,769 Ugh. Well, I'm still looking for a real 34 00:01:06,769 --> 00:01:08,799 job, but all I could get was four hours a 35 00:01:08,799 --> 00:01:10,210 week at a home store. 36 00:01:10,210 --> 00:01:10,980 [Buzzer] 37 00:01:10,980 --> 00:01:14,064 Oh no! That four hours counts as employed! 38 00:01:14,064 --> 00:01:17,004 Contestant number 4. You lost your job as 39 00:01:17,004 --> 00:01:19,204 a stockbroker. Have you found another? 40 00:01:19,204 --> 00:01:22,544 No, I haven't yet but I did look in the 41 00:01:22,544 --> 00:01:24,235 classifieds last week. 42 00:01:24,235 --> 00:01:26,475 [music and sound of typing] 43 00:01:26,475 --> 00:01:28,215 [loud hearbeat sound] 44 00:01:28,215 --> 00:01:29,385 [loud celebratory music] 45 00:01:29,385 --> 00:01:31,416 Congratulations, Contestant number 4! 46 00:01:31,416 --> 00:01:33,376 You get to to the counted in the official 47 00:01:33,376 --> 00:01:34,525 unemployment rate! 48 00:01:35,074 --> 00:01:37,908 But what about the other contestants? 49 00:01:38,253 --> 00:01:40,953 They're jobless. Why don't they count? 50 00:01:41,000 --> 00:01:42,599 Well, if we included them, 51 00:01:42,599 --> 00:01:44,470 that would make the number much worse!