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Old 12-09-2013, 10:12 AM
Danzig Danzig is offline
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Default rand paul 'logic'

http://www.slate.com/blogs/the_slate...r_workers.html



this was linked by one of the commenters below the paul article on slate.

http://www.weeklystandard.com/articl...1.html?page=1#


and for those who think people just aren't trying:

Those looking for work face some of the worst odds in the past 13 years, according to Bureau of Labor Statistics numbers released Tuesday.

The bureau's monthly survey tracking job openings and labor turnover was a little less robust than the agency's better-known unemployment report that was released on Friday. According to the new report, there are more than three unemployed people competing for every job opening in the country, and people are quitting their jobs far less than they should be.

The survey showed that there were 3.8 million job openings in the U.S. in May. That's up from about 2.3 million at the worst of the recession, but still well below the peak of 4.7 million openings before the slowdown. In the jobs report on Friday, the BLS said there were 11.8 million people still looking for work.

When both reports are considered together, that means there are 3.1 unemployed people competing for every one job.
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Old 12-09-2013, 10:40 AM
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dellinger63 dellinger63 is offline
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Originally Posted by Danzig View Post
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The survey showed that there were 3.8 million job openings in the U.S. in May. That's up from about 2.3 million at the worst of the recession, but still well below the peak of 4.7 million openings before the slowdown. In the jobs report on Friday, the BLS said there were 11.8 million people still looking for work.

When both reports are considered together, that means there are 3.1 unemployed people competing for every one job.
FYI According to the latest Bureau of Labor Statistics report, (Released this past Friday, not some Friday six months ago) the number of unemployed is at 10.9 million.

The bad news is a good deal of those new 900,000 jobs are government jobs that requires yet more tax money (actually borrowing) and while making the number look better it makes the overall situation worse.

Lipstick on a pig comes to mind.

http://www.bls.gov/news.release/empsit.nr0.htm
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