Friday, December 4, 2009

Riddle me This (Unemployment)

The USA lost jobs this week, but the unemployment rate WENT DOWN?

How does that make any sense?

Because lot's of people have been out of work for so long, that they have given up AND they are no longer receiving unemployment benefits.  No spirit and no financial resources.  Gov Speak says that's bullish.

http://www.youtube.com/watch?v=Ulu3SCAmeBA&feature=player_embedded

5 comments:

  1. I placed your link in my blog roll. Please stop by and let me know what you think.

    www.tradingwiththeaveragejay.blogspot.com

    Jay

    ReplyDelete
  2. Hey steveo,

    I've got an article up that explains the improvement:

    "BLS Said To Be Using New Data Adjustment Model"

    http://outsidethe-cardboard-box.tumblr.com/post/271835487/bls-said-to-be-using-new-data-adjustment-model

    Cheers!

    - TomOfTheNorth

    ReplyDelete
  3. Tom of North, that is hilarious!

    ReplyDelete

Insightful and Useful Comment!