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Technology Stocks : Intel Corporation (INTC)
INTC 36.34-0.1%3:59 PM EST

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To: GVTucker who wrote (176994)2/10/2004 3:07:09 PM
From: Lizzie Tudor  Read Replies (2) of 186894
 
OT
Well, based on my own anecdotal evidence I think there could be some truth to the "self employment" skewing the UI claims though. I'm thinking that since the job loss is high wage, people are just letting their UI run out and choosing to persue passive investment interests vs. the alternative of running out and taking that job at Walmart. I suspect many of the permanently unemployed really are self employed at this point, but the problem is, this is not a decision that I would call entirely "by choice"- you can call it a choice and be technically accurate but that leaves off that the choice is really between day trading and minimum wage with no benefits... not a "real job" vs. self employment which is what we had in the 90s.
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