tag:blogger.com,1999:blog-8123338579877576362.post4806340166771366865..comments2023-10-31T07:07:05.659-07:00Comments on Robert Mix's Blog: Big News & Little NewsRobert Mixhttp://www.blogger.com/profile/12141824576251526483noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8123338579877576362.post-57126691758589154432013-01-18T08:01:17.271-08:002013-01-18T08:01:17.271-08:00"...unemployment is down a bit..."
You ..."...unemployment is down a bit..."<br /><br />You need to be careful with that - as you know, the BLS figures, with the seasonal adjustments and definitions that exclude the 'dropped off the end' chronic unemployed, and other statistical make believe stuff make the employment numbers suspect (to be kind); and the *quality* of jobs that are being created/filled is declining (less salary/fewer hours/fewer benefits), which is not reflected in the headline employment number, or much of anywhere else. Our unemployment numbers are better than most of Europe, but that is damning with faint praise, and I don't see these numbers being significant to any 'recovery' that is happening. Some parts of the country are recovering, and some still are not. By and large, the middle working class is still pretty screwed, and the raise in payroll taxes is not going to help.<br />Geraldhttps://www.blogger.com/profile/01732687538860417126noreply@blogger.com