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Just read this answer on CM......

Hadn't thought about it in a while.



I won't research it.



Don't feel like it.



If you need to disagree, look it up yourself.



It sounds completely plausible to me.



Kind of sad, actually.

Thoughts?




What is the unemployment rate where you live? Here in Vancouver, Wa it was 14.6% this week.


The unemployment rate only counts people collecting unemployment compensation. It does not count people who have moved from UC to welfare. It does not count people who are earning half of what they were earning two years ago. The economic situation is much more dire than most people think.

Answer Question
 
mustbeGRACE

Asked by mustbeGRACE at 11:33 AM on Jun. 27, 2009 in Politics & Current Events

Level 25 (23,140 Credits)
Answers (15)
  • IDK what it is here but my husband was denied unemployment, they arent' counting all the people who got denied.
    MHaney1980

    Answer by MHaney1980 at 11:38 AM on Jun. 27, 2009

  • This is true and just shows how the Government thru the media reports and attempts to make things look better than they actually are so that the people are kept quiet. Just like the report that the economy is improving. Reports that retail sales were up supposed indicating that the recession will be ending soon. Lies. What they fail to report is that at the time income tax returns were being received by a large majority of filers and that lended itself to improved retail sales numbers, which then fell again dramatically. Then they turn around and use some other false statistic to show the people an unreal upturn in the economy. Unemployment numbers fall when people lose their benefits because they have run out--they try to make it look like that means people have gotten jobs--untrue.
    Anonymous

    Answer by Anonymous at 11:41 AM on Jun. 27, 2009

  • The unemployment rate is always the last thing to improve as the economy gets better. In other areas the economy is improving. Unemployment will follow, but it will take time.

    Anonymous

    Answer by Anonymous at 11:42 AM on Jun. 27, 2009

  • And they fail to report that those lucky few that have gotten jobs, which represents a small portion of change in unemployment aren't being called back to good paying jobs that they previously had, but rather that they have taken on a part-time job or job paying much less than before. I have said this time and time again, the previous middle class workers have been forced into the ranks of the working poor and many into poverty. If and when we see the economy really improving doesn't really matter, our lives will be changed forever because no matter what there is never going to be enough good paying jobs to employ all the people who need them. The Government knows this. The middle class has been redefined--only those lucky enough to have good paying jobs will be considered middle class and that is a huge percentage difference than what it once was. The rest are forced to become reliant upon the Government through PA.
    Anonymous

    Answer by Anonymous at 11:47 AM on Jun. 27, 2009

  • Yeah, and it was worse than people thought when Bush was president, too. Don't turn it in to Obama bashing time. The economy has been in the shitter for YEARS!
    Anonymous

    Answer by Anonymous at 11:57 AM on Jun. 27, 2009

  • 12.6% in my city and inching up, not down...
    grlygrlz2

    Answer by grlygrlz2 at 12:01 PM on Jun. 27, 2009

  • It's abou 16% here.
    Anonymous

    Answer by Anonymous at 12:32 PM on Jun. 27, 2009

  • Last I checked it is 10.7 percent here in TN
    tnmomofive

    Answer by tnmomofive at 12:32 PM on Jun. 27, 2009

  • Its estimated that the unemployment rate during the depression was actually upwards of 50%
    Carpy

    Answer by Carpy at 12:40 PM on Jun. 27, 2009

  • As of April we were at 18%, haven't seen May numbers yet. Course, that doesn't account for the thousands more that will lose their jobs if C&T gets through the senate. We are the #1 county on the list of the hundreds of counties that will have serious job loses without new jobs to replace them. #2-7 adjoin us. If it passes, we will probably hit 40%+ once implementation starts.
    NotPanicking

    Answer by NotPanicking at 12:57 PM on Jun. 27, 2009

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