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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (4003)1/2/2004 12:38:39 PM
From: LLCF  Read Replies (1) | Respond to of 4909
 
<It's just as silly to add part time workers to the unemployment figure>

No it's not.. adding people in jail is much sillier.

<The number that the government gives for unemployment is accurate according to their definition of unemployed.>

That's the whole point being debated... the truth in enemployment.

DAK

OK Godot... last post on the subject :)



To: GraceZ who wrote (4003)1/2/2004 9:08:43 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 4909
 
i found the second half very useful

the first half however, is really about information and how it is used, is it not?

who cares what standard the government uses per se. the question is, what is real unemployment in relation to the economy etc etc. the government's number is hardly real, and hardly useful from an investment standpoint... which is why we are here, no?

of course, when the government's number is not challenged and folks are willing to throw their money into the game willy nilly because the government says things are OKay Dokay... well then, there you could say the government's number is very useful... i.e. ride the wave when the spin is just right.

perhaps someone has a number for those counting themselves as self employed begining in 1999.... say from the irs or somewhere. if that rose over the following years in some meaningful way, well, you'd have a case for your sample of friends who have moved off the company welfare rolls into self suffiency... sort of.