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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: chartseer who wrote (73128)10/5/2009 12:00:40 PM
From: FJB   of 224728
 
As pointed out in an article last month, the adjusted payroll numbers do not include 2 groups of unemployed workers that the DOL refers to as temporary part-time workers and marginally attached workers. The DOL reported that 9.2 million Americans are currently working part-time due to economic conditions, an increase of 100,000 workers during September. This group is comprised of workers who have had their hours cut from full-time status or who have been able to find full-time employment. In addition the DOL reported that the number of marginally attached workers stands at 2.2 million. Such marginally attached workers include individuals who are unemployed but have not sought work over the 4 weeks prior to the survey and includes some 706,000 "discouraged' workers that have simply given up. The addition of such excluded groups caused the real unemployment rate to increase from 16.8% to 17.0%.

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