[Sixstrings]

$this->bbcode_second_pass_quote('', '[')img]http://sas-origin.onstreammedia.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/jlunr1d_wko1j2bys_e9ew.gif[/img]

On one hand we have the Department of Truth about to tell tomorrow that NFP based on various seasonal and birth death adjustments increased by 250,000. On the other hand, we have Gallup which actually does real time polling without a procyclical propaganda bias. And Gallup does't have any good news: "Unemployment, as measured by Gallup without seasonal adjustment, hit 10.3% in February -- up from 9.8% at the end of January.

The U.S. unemployment rate is now essentially the same as the 10.4% at the end of February 2010." And the one indicator that nobody in the mainstream media will touch with a ten foot pole: "Underemployment, a measure that combines part-time workers wanting full-time work with those who are unemployed, surged in February to 19.9%. This resulted from the combination of a sharp 0.5-point increase since the end of January in the percentage unemployed and a 0.5-point increase in the percentage working part time but wanting full-time work. Underemployment is now higher than it was at this point a year ago (19.7%)."
http://www.zerohedge.com/article/gallup-reports-underemployment-surges-199-jobs-situation-deteriorates-bad-february-2010

[Cog]

If you look at the record numbers of people collecting food stamps that gives a great deal of evidence that that the number of underemployed people continues to grow.

We keep hearing about recovery but I'm just not seeing it for these folks.

[Sixstrings]

Yup.. if somebody is working but still so poor they cannot feed themselves then that's the same as unemployment in my book.

[Homesteader]

But, but, but. . . the market is up and corporate profits are up so that means the economy is out of the dep. . .errr. . recession and the economy is officially in recovery so STFU! (sarcasm off)

So to all you discouraged and unemployed people my advice is go out and get a job!

[Lore]

If your out of work and between the ages of 50 - 60, statistically your changes of ever getting another job in the private sector is only 39%.

[vision-master]

Not only that, but if'n one developes serious health problems, they are uninsurable and with all the medicade cuts, this spells pain, suffering and death. Ain't life grand.

[jdmartin]

Thanks for the post Sixstrings - I enjoy reading your updates. Keep up the good work!

And yeah, that statistic sucks but only confirms what I feel on the street anyway.

[kiwichick]

visionmaster

re USA health system

why does anyone still live in such a backward country?

[americandream]

$this->bbcode_second_pass_quote('kiwichick', 'v')isionmaster

re USA health system

why does anyone still live in such a backward country?

[kiwichick]

sure ad

but why is the USA so weird already

they have always been a bit nuts but they seem to have been getting worse in the last , say, 40 years?

[Ayoob]

I just got a 20% pay raise due to a better education and a requirement for higher quality in the workplace.

[eastbay]

$this->bbcode_second_pass_quote('kiwichick', '
')
but why is the USA so weird already

[americandream]

$this->bbcode_second_pass_quote('kiwichick', 's')ure ad

but why is the USA so weird already

they have always been a bit nuts but they seem to have been getting worse in the last , say, 40 years?

[vision-master]

$this->bbcode_second_pass_quote('Ayoob', 'I') just got a 20% pay raise due to a better education and a requirement for higher quality in the workplace.

[pedalling_faster]

$this->bbcode_second_pass_quote('Cog', 'I')f you look at the record numbers of people collecting food stamps that gives a great deal of evidence that that the number of underemployed people continues to grow.


We keep hearing about recovery but I'm just not seeing it for these folks.

[Loki]

NPR is reporting 8.9% unemployment. They'd never lie to me, would they?

Of course, that almost certainly doesn't include the unemployed whose unemployment benefits have expired and various sundry other "discouraged workers." But those people don't count, they might as well not even exist.

[rangerone314]

$this->bbcode_second_pass_quote('Sixstrings', 'Y')up.. if somebody is working but still so poor they cannot feed themselves then that's the same as unemployment in my book.