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![]() "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. 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. Try again, but with real data, this time. And, if you have some spare time, take a course in statistics. |
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