"NOYB" wrote in message
link.net...
"Doug Kanter" wrote in message
...
"NOYB" wrote in message
link.net...
Since June 2003, the economy has seen 27 straight months of net job
gains...yielding a *net* gain of 4,172,000 jobs over that same period.
In the last 18 months alone, we've added 3,533,000 jobs.
Since the election, we've added 1,837,000 jobs.
The unemployment rate stands at 4.9%...which is exactly where it was
prior to 9/11.
Unfortunately, Katrina will probably have a negative impact on the
numbers for the next few months.
http://tinyurl.com/dnb7a
These numbers are meaningless without information on how peoples' incomes
have changed as they take these "new" jobs.
Then I could argue that the numbers from the 90's are meaningless without
information on how many single-earner households became two income
households out of necessity during that time period. And how much the
second income earner's money contributed to a boost in GDP each year.
We know that YOU like to think
in terms of evil welfare recipients whose incomes are headed upward when
they get jobs. However, the grownup news has carried numerous stories
about people who were in the 50k-75k white collar category and had to
take nasty pay cuts in order to find ANY job in the area where they
preferred to live.
That's because you listen to those wacky liberal news stations like NPR.
Heh. Would you like whipped cream on that foot, as long as it's in your
mouth? Three weeks ago, our local NPR radio station interviewed two people
from the NYS department of labor. They were bemoaning the FACT that although
they can offer retraining to mid- and senior-level engineers who will lose
their jobs when Delphi (the auto parts maker) shuts its doors, they know for
a FACT that companies simply do not exist here which can offer these people
anywhere near the money they were making before. They were talking about
people going from 75k to 100k, down to 30k-40k. Not funny when you're 45
years old and your first kid's going to college next year.
But, I guess that the DOL people who are actually interviewing displaced
workers have no idea what they were talking about, because they were
interviewed on an NPR affiliate station. Right?
Try again, but with real data, this time. And, if you have some spare
time, take a course in statistics.
Real data? If I can't get the data from BLS, where am I supposed to get
it from?
The data is not real because it is not accompanied by missing numbers
required to give it meaning. It's as if I said to you "My friend lost all
her teeth by the time she was 40." It only tells you she lost her teeth. You
have no idea how.