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Huzzah! Unemployment 7.3%!

DoubtingDave
Posts: 380
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9/6/2013 10:30:59 AM
Posted: 3 years ago
Sorry, but no. While the unemployment rate went down to 7.3%, the reason for that number is far worse than you think

http://www.washingtonpost.com...

(Note, I do disagree with him about the 5th point, though he is an MSNBC commentator!)
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NightofTheLivingCats
Posts: 2,294
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9/6/2013 11:45:15 AM
Posted: 3 years ago
At 9/6/2013 10:30:59 AM, DoubtingDave wrote:
Sorry, but no. While the unemployment rate went down to 7.3%, the reason for that number is far worse than you think

http://www.washingtonpost.com...

(Note, I do disagree with him about the 5th point, though he is an MSNBC commentator!)

> inb4 half of the jobs in America are burger flipping jobs.
lewis20
Posts: 5,093
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9/6/2013 5:11:54 PM
Posted: 3 years ago
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Contra
Posts: 3,941
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9/6/2013 9:16:05 PM
Posted: 3 years ago
At 9/6/2013 11:45:15 AM, NightofTheLivingCats wrote:
At 9/6/2013 10:30:59 AM, DoubtingDave wrote:
Sorry, but no. While the unemployment rate went down to 7.3%, the reason for that number is far worse than you think

http://www.washingtonpost.com...

(Note, I do disagree with him about the 5th point, though he is an MSNBC commentator!)

> inb4 half of the jobs in America are burger flipping jobs.

This claim has actually been refuted;

"The share of workers in less-skilled retail and personal service (counter) jobs stayed remarkably constant from 1959 to the present."

[Reynolds, Arnold. Income and Wealth. Greenwood Press, 2006. 49. Print.]
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