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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (2084)	3/15/2004 12:38:43 PM
From: mishedlo	Respond to of 116555

Not sure if that is exactly correct or not. There are a couple different stats. They play all kinds of games with the participation rate and with "discouraged workers" I will tell you that I think unemeployment is over 10% easy and possibly 12% Mish

To: zonder who wrote (2084)	3/15/2004 1:23:21 PM
From: excardog	Read Replies (1) \| Respond to 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?