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Edited on Fri Oct-08-04 10:22 AM by Atman
Seriously. Almost.
When you've exhausted your bennies, which millions of people have, you're officially off the rolls, and no longer counted as "unemployed." The last figure I saw showed that because of this, they're basing our numbers as a percentage of people in the work force. BUT, if you're not looking any longer or are off the unemployment rolls, you're no longer part of the "work force." Last estimate was that we only have about 60% of the work force actually counted as a result. The 5.4% figure is a percentage of that 60%, NOT a percentage of 100%, as they'd like you to believe. Therefore, the actual unemployment rate is considerably higher than being reported.
ON EDIT: I am a good example...I can't find work. But I don't ask for gov assistance. I make a buck where I can and keep sending out stuff hoping for a bite. I am not counted as a government stat, because I don't ask the government for help. I would guess there are many more like me. And, I kinda blow a hole in the "liberals on the dole" myth they like to project. I've NEVER taken a food stamp or unemployment check in my life, despite have paid into the system for years. Fuck em.
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