Saturday, 03 December 2011
“Employment oblivion†at the stroke of a pen
Bill Quick:
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Bill Quick:
...in this case, "stroke of a pen†consignes several hundred thousand people to employment oblivion, thus improving the useless "headline†number by nearly half a point while at the same time covering up the abysmal nature of employment in America these days.
...
I once said that at this rate, we’d end up with zero unemployment, because we’d have zero people in the labor force looking for work.
Related:
Doug Ross @ Journal: Chilling Chart From Yesterday’s Reported Drop in Unemployment: "6,278,000 people are unaccounted forâ€
AEI’s Enterprise Blog: November jobs report...
Ace: Unemployment Rate Drops to 8.6%, Due To Fact Obama's Economy Is So Foul It's Driven Out Hundreds Of Thousands of Job Seekers Out of the Market Entirely
AEI’s Enterprise Blog: November jobs report...
Ace: Unemployment Rate Drops to 8.6%, Due To Fact Obama's Economy Is So Foul It's Driven Out Hundreds Of Thousands of Job Seekers Out of the Market Entirely
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