[rescue] OT: unemployment and eating...
vraptor at promessage.com
Thu Aug 14 15:03:36 CDT 2003
On Thursday, August 14, 2003, at 11:18 AM, Shannon wrote:
> On Wed, Aug 13, 2003 at 01:23:08PM -0700, Lionel Peterson wrote:
>> Well, not to be a prick (well, not a big prick anyway ;^) - you can't
>> track folks that have "given up even TRYING to look for work" - how
>> would you capture that?
> Agreed... but the government is issuing those numbers and claiming that
> things are better because unemployment is going down, when it really
> I don't think we are contesting that it is hard to track, but rather
> that the numbers are being misused.
And a lot of numbers are being ignored. Announced layoffs
for July went up 43%--anybody hear that on the news anywhere?
It came from CNN:
Report: Planned reductions jump to highest level since April, as
jobless recovery continues.
August 5, 2003: 12:44 PM EDT
By Mark Gongloff, CNN/Money Staff Writer
They are using the term "jobless recovery" to describe the fact
that certain aspects of the economy are turning around, but there
is no parallel turn-around in the job market--so the "recovery"
is happening *without* jobs (i.e. "jobless"). This unfortunate
choice of terms makes it very easy to misread these articles.
(I have the whole of the CNN article if anyone wants it.)
And here's a super-ugly article from Gartner for all us IT types
More information about the rescue