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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: Alan Smithee who wrote (9064)6/16/2004 1:07:03 PM
From: Orcastraiter  Read Replies (1) of 90947
 
There you go again...patronizing me.

You posted the article. Did you read the article? The article said we have a long ways to go.

It's a well known fact that the unemployment numbers are not the best indicator of the economy. It is one of many indicators, but it must understood. How is the unemployment rate calculated? Do you know?

To get a clear picture you need to look at several indicators.

From your link:

Despite 20 years in the staffing business and an MBA from the University of Washington, the recruiter spent three years doing odd jobs, including working as a computer technician (for $12 an hour), a health-club attendant ($10 an hour) and a security guard ($10 an hour).

Here's a guy that didn't even show up in the unemployment figures...but was clearly underemployed. Lot of jobs created in the services. Lots of low paying service jobs is not an indicator of a robust economy.

Orca
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