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Originally posted by Rockpuck
reply to post by DimensionalDetective
I think you misunderstand...
Unemployment will spike again this month. Because jobs are not being created, and several MILLION College students are walking around with their new fancy degrees in various fields with no work to be hired into.
So you add all these new "young" people to the job force and you couple that with older people increasingly being forced into retirement or fired because they make to much..
And you get a rise in unemployment.
I don't see how that was really that hard to understand?
Originally posted by stumason
reply to post by RRconservative
So people only turn working age at certain times of the year then?
Originally posted by DimensionalDetective
So now unemployment levels can be blamed by "too many people looking for work" according to our our Decider. LMAO!
Never mind all the businesses folding up shop due to the horrible economy and people being layed off as corps are downsizing or outsourcing left and right.
5 straight months of job losses and these guys are still spewing out nonsense, hoping to keep convincing the sheeples that everything's just in "a little slowdown"...
CNN senior business correspondent Ali Velshi weighed in that Bush administration excuses for the poor economy were "ridiculous." Velshi explained, "I just wish they wouldn't say that. President Bush said something earlier about how the unemployment rate today -- the increase -- was because a whole bunch of teenagers have joined the workforce, that's the point. 100,000 people join the working age working force every month. If we don't create 100,000 jobs every month, we're not doing the right thing."
(visit the link for the full news article)