SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito who wrote (87243)12/19/2000 9:39:56 PM
From: Don Lloyd  Read Replies (1) of 132070
 
Allen -

...What I don't see anyone mentioning, though, is the very low unemployment rates we've seen in the past several years. ...

The key word is rates. With the government school system in a state of collapse in most cities, both its graduates and its dropouts are, in many cases, not legally allowed to hold jobs that are consistent with their starting skill sets. Unable to justify being hired at a legally mandated minimum wage and acquiring on the job training, they literally have no choice except to join the untaxed underground economy, the drug trade, and other criminal enterprises. Needless to say, they do not sully the pristine official unemployment statistics.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext