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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: zonder who wrote (2084)3/15/2004 1:23:21 PM
From: excardog  Read Replies (1) of 116555
 
<<Is it true that in the US you get erased off the list of unemployed (and hence the unemployment number) after six months of being out of work, as Darfot suggested? >>

In Oregon when your unemployment benefits run out if you are not yet employed you are now not considered unemployed anymore. Makes little sense obviously but keeps the unemployment rate way down.<g>

Oregon has one of the higher unemployment rates nationwide just imagine how high it would be if they actually counted those who are not working?
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