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True Unemployment Numbers
True Unemployment Numbers
Courtesy of John Lounsbury : The current official unemployment figure (9.5% for June) should be replaced (or at least supplemented) by a better measurement of actual unemployment. Unemployment should be measured in terms of hours worked by all employees, full-time and part-time. ...
Average length of unemployment highest since 1948.
Average length of unemployment highest since 1948.
online.wsj.com — MORTIMER ZUCKERMAN The recent unemployment numbers have undermined confidence that we might be nearing the bottom of... the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. The Bureau of Labor ... (more) Average length of unemployment highest since 1948.
Unemployment Rate and Part Time Employees
Unemployment Rate and Part Time Employees
calculatedriskblog.com — The following article suggests that the large number of part time workers will slow any labor recovery:... ‘I don’t need to hire anybody new. I need to work my existing workers more.’ That seems to make sense, but I wondered if it has been true in ... (more) Unemployment Rate and Part Time Employees
Global Confidence Drops as Unemployment Surge Counters Stimulus
Global Confidence Drops as Unemployment Surge Counters Stimulus
bloomberg.com — July 15 (Bloomberg) -- Confidence in the world economy dropped for the first time in four months... in July as government stimulus efforts showed little sign of reducing unemployment, a Bloomberg survey of users on six continents showed. The Bloomberg ... (more) Global Confidence Drops as Unemployment Surge Counters ...
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