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2011-03-03 Home Front: Politix

Gallup Finds U.S. Unemployment Hitting 10.3% in February

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Posted by DarthVader 2011-03-03 13:38|| || Front Page|| [4 views ] Top

#1 The trends did seem to be an increase in underemployment and a decrease or at least stabilization of unemployment, which in my opinion, would actually be a (relatively) good thing (more people with at least some skin in the game is better, philosphically and psychologically.) This poll seems to say both are now increasing synchronously. Not good.

Posted by Glenmore 2011-03-03 19:44|| 2011-03-03 19:44|| Front Page Top

#2 It's not. The "official" unemployment numbers have been steady for the past year because people have given up looking for work. The US has done from 63.4% of the adult population working in Jan 2007 to 58.5% today. That's the worst performance since coming out of the recession in the early 1980's. Today there are many more single households than in the 1980's, so it is imperative that a larger proportion of the population work. Except they are not working.
Employed Population ratio

Even worse, the ranks of the employed have been filled by many part time workers, going from 4.2 million in Jan 2007 to 9.5 million today.
US Part Time Employment

Posted by Pearl Gleaper1127 2011-03-03 20:45|| 2011-03-03 20:45|| Front Page Top

#3 The article I took the graphs: Employment-Population Ratio, Part Time Workers, Unemployed over 26 Weeks

Posted by Pearl Gleaper1127 2011-03-03 20:47|| 2011-03-03 20:47|| Front Page Top

#4 Useful information, Pearl Gleaper1127. Thank you.

Posted by trailing wife 2011-03-03 22:01|| 2011-03-03 22:01|| Front Page Top

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