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


To: i-node who wrote (575979)7/12/2010 9:22:49 AM
From: Alighieri  Respond to of 1571808
 
A recession doesn't end until people are back to work. As we found out by looking at the t hurries the government can't pay people off to end a bad economy.

People have to go to work in legitimate jobs with real paychecks.


What does that mean? What are the figures then? When is a recession over where employment is concerned?

Unemployment

The full impact of a recession on employment may not be felt for several quarters. Research in Britain shows that low-skilled, low-educated workers and the young are most vulnerable to unemployment[35] in a downturn. After recessions in Britain in the 1980s and 1990s, it took five years for unemployment to fall back to its original levels.[36].


en.wikipedia.org



To: i-node who wrote (575979)7/12/2010 3:01:50 PM
From: tejek  Read Replies (1) | Respond to of 1571808
 
You and the guy who wrote this missed the point. Totally.

A recession doesn't end until people are back to work. As we found out by looking at the t hurries the government can't pay people off to end a bad economy.

People have to go to work in legitimate jobs with real paychecks.


No kidding. However, extending their unemployment helps them keep solvent until they can find jobs.