To: Maurice Winn who wrote (23676 ) 11/2/2002 7:16:32 PM From: TobagoJack Read Replies (1) | Respond to Hello Maurice, <<with only 7% unemployment, one would be 'of course', two unfortunate, three unusual, four surprising ... five statistically abnormal - heading out into the multiple standard deviation countryside, six silly, seven untrue, eight "Hey, what's going on here", nine - so, ... what's wrong with the tenth?>>online.wsj.com "Sherry Cooper of the Bank of Montreal Financial Group, in an interesting commentary on the deceptiveness of the relatively low unemployment rate -- the so-called headline numbers, pointed out that it masked the true nature of the job market . "Discouraged workers have stopped seeking employment," she notes, "as the labor-force-participation rate has plummeted and the average duration of unemployment in the U.S. has risen."it is primarily white collar and highly educated. They are people who have never been unemployed before. They are managers, business consultants, auditors, engineers, technology workers and investment bankers ." (And, much as we hate to admit it, even investment bankers have to eat.)"
