Discussion:
More Bad Economic News, The Real Unemployment Rate On The Rise Again In The Deep Blue State Of Massachusetts, Thanks Mr. Obama!
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Bradley K. Sherman
2012-11-20 22:51:02 UTC
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Welcome to Obamaville!
The Real Unemployment Rate On The Rise Again In The Deep Blue State Of
Massachusetts
Out-of-work and underemployed residents across the Commonwealth are
finding themselves in increasingly dire straits as the state's
unemployment rate continues to rise…
http://www.golocalworcester.com/news/ma-unemployment-on-the-rise-as-benefits-dry-up/
Chris Horton, an activist with the for the Worcester Unemployment
Action Group (WUAG), said the fact that both the unemployment rate and
the number of employed workers increased when they should be moving in
opposite directions highlights the shortcomings of the official, or
U-3, unemployment rate, which omits many categories of job-seeker whom
might otherwise be included.
“What we are seeing in Worcester is that the proportion of people who
report to us being out of work is much larger than the official rate,”
Horton said.
"By excluding long-term discouraged workers, who form a pool of job
seekers of unknown size that can flood into or out of the workforce
unexpectedly, the U-3 rate can move up or down with little
relationship to the ‘real rate’ of joblessness.”

Why do Obozo and the DemoCRETINs hate America?
Sid9
2012-11-20 23:22:16 UTC
Permalink
Post by Bradley K. Sherman
Welcome to Obamaville!
The Real Unemployment Rate On The Rise Again In The Deep Blue State Of
Massachusetts
Out-of-work and underemployed residents across the Commonwealth are
finding themselves in increasingly dire straits as the state's
unemployment rate continues to rise…
http://www.golocalworcester.com/news/ma-unemployment-on-the-rise-as-benefits-dry-up/
Chris Horton, an activist with the for the Worcester Unemployment
Action Group (WUAG), said the fact that both the unemployment rate and
the number of employed workers increased when they should be moving in
opposite directions highlights the shortcomings of the official, or
U-3, unemployment rate, which omits many categories of job-seeker whom
might otherwise be included.
“What we are seeing in Worcester is that the proportion of people who
report to us being out of work is much larger than the official rate,”
Horton said.
"By excluding long-term discouraged workers, who form a pool of job
seekers of unknown size that can flood into or out of the workforce
unexpectedly, the U-3 rate can move up or down with little
relationship to the ‘real rate’ of joblessness.”
Why do Obozo and the DemoCRETINs hate America?
As Romney suggested, the unemployed should ask their parents for some help.
If that doesn't work see if there's a GOVERNMENT education program around.
There's almost no unemployment for educated people. There are lots of jobs.
Unemployment for those with a college degree is near non-existent at 4.9%.

See the backup here: http://www.bls.gov/emp/ep_chart_001.htm

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