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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.27+0.6%4:00 PM EST
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To: long-gone who wrote (66713)3/29/2001 2:01:02 PM
From: Horgad  Read Replies (2) of 116815
 
Also, many white collar folks (and probably others but I don't know from experience) will not file for unemployment when laid-off. It is a humbling experience and many will opt to not file until they get desperate after a couple of months of not being able to find a new job. I was at a company that went under and of the people there roughly 10% bothered to file for unemployment.

So I would say that the number is not very accurate and is skewed towards certain types of jobs, but it still probably makes a decent indicator when compared against itself.
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