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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: gpowell who wrote (16821)2/6/2004 2:28:51 PM
From: Lizzie TudorRead Replies (1) of 306849
 
oh come on.... this is the kind of statistical trickery the government uses. The reason UI claims are low is because we are adding hundreds of thousands of permanently unemployed to the statistics. That is where all my ex employees are, permanently unemployed OR asking "do you want fries with that".

There are actually 9 million underemployed or unemployed looking for work. Bush is the first president to have a net job loss (and its a big one, over 2.5 million jobs) in his term since Hoover. I am sure you have heard that statistic before.

To get the real story on the jobs situation, just look at the declining federal income tax receipts. Every month, down further and further. There is significant wage pressure for the jobs that do exist.
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