Photo credit: @julesdwit.
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Peter Coy, economics editor for Bloomberg Businessweek, discusses the Department of Labor's new jobs report released last Friday.
what did this segment have to do with it's title, "The Job Numbers"?
for shame BL30 minutes on huffpoo drama and 5 minutes on the unemployed (mostly in egypt) can u talk about unemployment in the USA for real soon!
Our real unemployment rate is 16.1%. This # is always skewed in the country. See quote below.
"Discouraged workers are those who have stopped searching in the last four weeks. Excluding them from the workforce and the unemployment equation artificially lowers the U-3 unemployment rate. The real unemployment rate (U-6), which includes workers who stopped looking for jobs or had to settle for part-time jobs - is at 16.1%."
Ask Mr. Coy if he thinks that the numbers were spun by the Administration.
Fewer jobs....but unemployment declined?????
Underemployment is reported by the WSJ to be 19.2%
What’s the employment rate for those with college degree vs only a high school diploma?
i have a feeling most of the unemployed thought they would live the american middle class dream and skip college. this seems to be a thing of the past. (unless u are willing to play russian roulette and join the military) someone should tell the people upstate or michigan there are never going to be enough unskilled jobs in those places ever again, MOVE.
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