Umeployment down to 9.7% (user search)
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  Umeployment down to 9.7% (search mode)
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Author Topic: Umeployment down to 9.7%  (Read 1811 times)
opebo
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Posts: 47,009


« on: February 05, 2010, 04:57:43 PM »

Beet, your figures remind us that although the removal to other countries has been devastating to the lower classes in america, the damage to the 'manufacturing base' or industry has been as much - perhaps more - due to improper macro-economic application over the last 30 years as from slave-labour.
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opebo
Atlas Legend
*****
Posts: 47,009


« Reply #1 on: February 06, 2010, 02:16:48 PM »

Look folks, when the number of employed doesn't increase by at least 200,000 in a month, you should not believe a reduction in the unemployment rate is anything more that statistical noise (at best).

While I don't dispute you, who's to say the 'increase in employment' isn't also just 'noise'?
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