Article

2014-02-07 Economy

January Jobs Down, along with Unemployment - Huh?

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Posted by Bobby 2014-02-07 15:08|| || Front Page|| [5 views ] Top

#1 Actually, this is a good thing. It frees up people from low paying, dead end jobs and allows them to ~~become layabouts~~ gain government health insurance supplements and coverage, ~~go fish'n, catch a ball game, etc.~~

Once they get all free time to think and plan things out, they'll be starting their own successful businesses, hiring more ~~former layabouts~~ people like them and things will be rolling again. Boom times are just around the corner, just you wait and see.

Posted by Besoeker 2014-02-07 16:21|| 2014-02-07 16:21|| Front Page Top

#2 remember the jobs number is from the employer survey and the unemployment number is from the household survey

they frequently don't mesh out well

Posted by lord garth 2014-02-07 16:55|| 2014-02-07 16:55|| Front Page Top

#3 The only number needed to be tracked that reflects the real employment is social security payments into the system. While adjustment can be made for those outside the system (ie state pension systems for state employees et al), the corollary between the SS numbers and overall number that are eligible for employment would provide a far more accurate statement of employed/unemployed rather than the cooked numbers that come from the DoL.

Posted by Procopius2k 2014-02-07 19:20|| 2014-02-07 19:20|| Front Page Top

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