DanS is correct. It means more people are looking for work now and have re-entered the job market.
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Well duh, Sava.
Do you feel like a genius for finally figuring that out?“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
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Originally posted by GePap
Wen does the extension of unemployment benefits run out?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
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So if unemployment goes to 7%, that will be a sign that workers are just bursting with so much optimism that employers can't keep up, I suppose. And if it goes to 8%, that'll be an indicator of an outright mania by potential employees.
Or we could just try Occam's Razor: Rising unemployment sucks, and Republicans are just trying to spin it so that it doesn't look as bad, which is what you'd expect them to do."When all else fails, a pigheaded refusal to look facts in the face will see us through." -- General Sir Anthony Cecil Hogmanay Melchett
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Again, the reported percentage is only reflective of those displaced workers collecting unemployment.
It says nothing about people without benefits, or the under-employed.
Home foreclosures are at a 30 year high.
Personal bankruptcy at an all-time high.
If anyone says they're confident yet, they're whistling past the graveyard.Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ Braindead
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Or we could just try Occam's Razor: Rising unemployment sucks, and Republicans are just trying to spin it so that it doesn't look as bad, which is what you'd expect them to do.
How do you why unemployment is rising? What if the numbers show (as they might) more job seekers? I don't recall many layoffs lately.“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
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Originally posted by MichaeltheGreat
and if more people could do CEO jobs, the market for them would flood and they wouldn't make as much money. May as well ***** about what NBA players make.
This whole "worker confidence" thing is just spin - an attempt to make an increasing unemployment rate look good.- "A picture may be worth a thousand words, but it still ain't a part number." - Ron Reynolds
- I went to Zanarkand, and all I got was this lousy aeon!
- "... over 10 members raised complaints about you... and jerk was one of the nicer things they called you" - Ming
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it's true that ceos have rather difficult jobs.
that doesn't mean it's right for them to be taking in millions in bonuses while running their companies into the ground.
if anything, they should be taking their cues from iacocca or jobs, who both killed their salaries in order to resurrect their corporations, rather than kenneth lay who boosted his salary as his business died an ugly death.B♭3
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if anything, they should be taking their cues from iacocca or jobs, who both killed their salaries in order to resurrect their corporations, rather than kenneth lay who boosted his salary as his business died an ugly death.
More of them are like the former, rather than the later.“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
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