Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Box-By-The-Riviera™ who wrote (3785)	12/12/2003 10:15:25 PM
From: GraceZ	Read Replies (3) of 4909

debt service as a percentage of income however reach fresh all time highs by the minute Been dropping for a while: economagic.com according to the BLS itself, if you count everyone (i.e. even the 'discouraged' job seekers, etc.) it is almost 10%. According to the BLS the civilian workforce (people either working or not working but able and looking for work) is 146,580,000 with 8,674,000 unemployed making for an unemployment rate of 5.9%. They count 457,000 discouraged workers (able to work, want a job but not actively looking) which if added to the unemployed total would yield an unemployment figure of 6.21%. If we add in the 1,016,000 "not in workforce other than discouraged" you only get a unemployment rate of 6.85. Even if you add in people who didn't look for a job in the last year (the people considered only marginally attached to the workforce) you only get to 8.25%. I wonder what figures from the BLS he added together to get to 10%.

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