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In Jobless Rate Dip, a Partial Picture


Business  (tags: unemployment, drops, GoodNews, economy, money )

Lone
- 133 days ago - washingtonpost.com
Unemployment dipped in July for the first time in 15 months, but the jobs data released Friday also brought into focus the limits of the budding economic recovery.
Comments

Blue Bunting (855)
Saturday August 8, 2009, 4:29 pm
The polls are looking a little better, public confidence is looking a letter stronger, and his most rabid critics have spent the week embarrassing themselves with thuggish tactics.

Not a bad week.
 

Rhonda Maness (466)
Saturday August 8, 2009, 8:06 pm
Thanks Terry
 

Mandi T. (266)
Saturday August 8, 2009, 10:07 pm
T U Terry
 

Dan Goodwin (5)
Sunday August 9, 2009, 7:51 am
Sadly, I have been looking for work since the first of the year. Several factors are working against me, I am a Certified Fitness Trainer, but I live in a state that consistently ranks in the top five for obesity (Tennessee), there are jobs in other states, but my wife has a job she really loves and her parents are also in the area, they are both about to turn 90, I wouldn't think of asking her to quit her job or move away from her parents. So as I was taught early in life, keep your chin up and stay optimistic. I have been able to do some odds and ends type of work. Hopefully, things will get better for all of us soon.
 

Mark G. (30)
Sunday August 9, 2009, 8:28 am
This "recovery" is a long way off. I just hope we are at the bottom where we will bounce along for years I'm afraid. The important paragraph in the article is:
"The July decline in the jobless rate came about not because more people had jobs, but because 422,000 people removed themselves from the labor force, essentially giving up the search for work. The number of long-term unemployed people -- those who have been out of a job but looking for more than 26 weeks -- rose by another 584,000."
That is not good news at all. We may see some spurts, but the inflation that is surely coming due to the out of control government spending is going to hit us hard in the next year or so.

 

Maria Lynn Therese (1)
Sunday August 9, 2009, 9:08 pm
Let me add to the comment about those who have been out of work for more than 26 weeks. I am one of those people. I am also not counted since I do not qualify for the Federal Emergency Funds. It seems the Federal criteria is different than the original state qualifying criteria. What does all that mean? Well, besides having no job, income or anymore unemployment benefits, I no longer am a counted statistic. They only count those that receive checks. In other words, I am among many who fell off the roll call but still remain jobless. The unemployment numbers are not accurate. No question I am one of many and we remain unemployed and not counted!
 

Ralph F. (12)
Monday August 10, 2009, 8:33 pm
Question: Economic recovery for whom?
 
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