posted on Aug, 26 2009 @ 08:51 PM
reply to post by GreenBicMan
I mean, it's on its way down.. what do you think should happen in a recovery? And I say that to you because I know you are smarter than that and you
know where the markets are headed.
That doesn't even make SENSE?????
Monthly jobs LOST
Unemployment goes DOWN
Logically when you loose something, the percentage lost goes up, no? .. So if we lost 200k jobs, and the unemployment goes down we must ask why? ..
It's because 580 some thousand people were no longer considered "looking for work"? .. Why is that? .. Because there are no jobs!
It has nothing to do with a "recovery" .. And you're right, I am plenty smart enough to see whats going on, I understand clearly the fundamentals
of Economics.. There is no such thing as a Market Recovery.
#$! dude, the last "recession" in 2001 once it "ended" the markets still continued a major decline.. so by your logic the recession was twice as
long as it was? ..
Stop listening to Government numbers..
IMO your views are slanted as you are out of work, as well as I infact. But the "slope" is turning down.. I mean that has to happen right in the
process of getting better?
I resent that, it has nothing what so ever to do with that.. when I HAD a job I was one of the members on ATS calling the recession we are in.. it's
simply looking at the raw economic data, it doesn't lie.
The Slope in unemployment IS dropping, hopefully next month we loose under 100k, that would be great news. It wouldn't be "Good" because we would
still be loosing a ton of jobs, but better than 300k+ jobs a month.. That doesn't mean the Unemployment numbers should be Dropping though, because
that's flat out lying.
Of course, more seasonal jobs are created in the months of June-October than any other months..