SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (20630)6/20/2006 11:55:56 PM
From: tsigprofit  Read Replies (2) | Respond to of 20773
 
"The U.S. government 'cooks the books'! Take the unemployment numbers...

"1. 1.5 % of the working age population is incarcerated !
"2. Those fortunate enough to receive unemployment benefits are
conveniently removed as job seekers after 6 months...In Europe it is 5
years in some cases!
"3. Another 1% of available workers are in military uniform doing a
service which is in not in demand by consumers...
"4. Germany used to count (up to 03/2005) workers as unemployed who worked
15 hours/week or less. Most other nations went by ILO standard of 1
hour/week.

"Seems to me the U.S. unemployment rate is as high and in some cases
higher than some European nations!

- from Daily Reckoning market commentary today