Quote:
Originally Posted by pan6467
See, the whole Unemployment figure the government gives is a crock. It doesn't take into effect the underemployed (part-timers, low wages and unable to make ends meet, etc), those that have given up looking, those that have lost houses and are homeless and have no way to collect if they could.....
|
Actually, the U6 unemployment measure takes into account all of those things. Part timers with low wages are the so called marginally employed, and those who gave up looking are called discouraged workers, and collecting UI has nothing to do with the measure.
---------- Post added at 08:10 AM ---------- Previous post was at 08:07 AM ----------
Quote:
Originally Posted by aceventura3
It is a failure because it should not take 18-24 for a government stimulus plan to create jobs.
It is a failure because the focus is not on the parts of the economy that actually creates net new jobs.
It is a failure because of contradictory policy and statements coming from Washington.
Obama's administration is hindering job growth.
|
Funny that even the American Enterprise Institute disagrees with you. And funny it simply ignores the fact that in every single recovery there has been a lag between the economy bouncing back and and unemployment going down of at least 12 months.