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NOYB
 
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Default More jobless recovery


"Harry Krause" wrote in message
news:c3dhc2g=.e4981df578ad06f2310437d4a8199e38@107 6095647.nulluser.com...
jps wrote:

In article ,
says...

"Harry Krause" wrote in message
February 6, 2004
Fewer Jobs Than Expected Created in January, Report Says
By REUTERS

Filed at 9:10 a.m. ET

WASHINGTON (Reuters) - The U.S. economy

The more accurate Household Survey, which is used to determine

unemployment
figures and also includes data on the self-employed in its new jobs

report,
shows just under 500,000 new jobs.


Yes, agreed. There's a lot of people who are "self-employed" now since
they haven't been able to find a job working for someone else.

It likely means they're using the equity in the retirement account,
house or BOAT to finance a way to produce some household income.

jps



You've hit that nail on the head.


Only if that nail was on top of Harry's head. Equity loans don't count
towards income in the household survey.