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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (293923)	7/13/2006 6:01:45 PM
From: tejek	Respond to of 1576886

By the way, the quote you pasted is also meaningless to me without any points of reference. For example, how do all of those figures compare to 2000? I tried following the link you provided, but I don't have a subscription to TheStreet.com. "Unemployment held steady in June, at 4.6%. But a glance at the data in the report reveals the percentage of people who want a job but can't get one edged up to 5.8% of the labor force from 5.3% in May. If you toss in the number of folks who work part time even though they'd rather be working full time, the percentage rises to 8.7%, from 7.9% the month before." (emphasis added)" There is nothing to be added. There is the assumption that because the unemployment is going down that must mean the unemployed are finding jobs. In some recoveries, that is only partly true. Some people just give up looking and are no longer counted. Others are working part time but want to work full time. All the above paragraph is saying is that the numbers of people who want jobs period or who want to move from a part time job to a full time jobs are increasing. That suggests two things: this economic recovery is still fairly weak and the quality of the recovery stinks.