Jobless Claims Lowest Since January 2001

AP ^

[theDentist]

Good news, but many of those who were unemployed went from high paying jobs to Fry Cook, Mall Security, or simply lost unemployment benefits.

[GraceCoolidge]

Good news, but many of those who were unemployed went from high paying jobs to Fry Cook, Mall Security, or simply lost unemployment benefits.

Are there any statistics that measure that transition?

[hawkaw]

Just 21,000 new jobs were created in February, as reflected by the Labor Department's survey of payrolls, as the country's job machine continued to fall badly below expectations.

Is the Press lying when they say that "just 21,000 new jobs were created in February"? I thought this number was actually the difference between the number of jobs created and the number of jobs that were eliminated.

And another thing. I thought this increase in number of jobs excludes certain sectors. For example I think the farm sector is NOT included. So why is the "partisan press" (as Rush calls them) making it look like this includes all sectors of business.

hawk

[LS]

This will always be true to an extent. Yet every year I have 70 students who write family "business" papers, and you'd be ASTOUNDED at how many people, once laid off, start their own successful businesses that are not "fry cooks."

Now, I admit, my "sample" is self-selecting, because only the successful ones send their kids to college, but still, the numbers are too many to ignore.

This is a serious case of having blinders on---to ignore the fact that many "laid off" people just quit in the sense that they START THEIR OWN BUSINSSES. I'd say probably 50% of my students' families fit that category, while the other half are people who have other options, but choose to start their own business anyway.

[OldFriend]

And the democrats are sooo disappointed.

[GROOVY]

Good news, but many of those who were unemployed went from high paying jobs to Fry Cook, Mall Security, or simply lost unemployment benefits.

Many unemployed also went to much better jobs.

[Trust but Verify]

The people who I know who are on unemployment simply have no intention of looking for a job until their unemployment benefits run out. My sister is one of them, and surprise, surprise, she is a liberal. She's having a wonderful time acting like the doting mother, staying home with her kids on someone elses dime. Quit giving out extension after extension and these sloths will find work.

[atomicpossum]

The overall rate remained stable only because 392,000 Americans gave up looking for work

How the hell do they know that?

[InvisibleChurch]

dems sez: just people giving up lookin' fer a job

[BillM]

Average wage is up almost 40%. This is hooey. Please demonstrate where you get firm statistics for your propaganda.

[macrahanish #1]

This is very likely to happen to my wife. Rather than look at it as a problem, we've choosen to look at it as an opportunity. Of course, we looked at our spending habits about two years ago ago and made some drastic lifestyle changes. As a result, we're debt-free and have enough saved to survive with no outside employment for a year or more, if need be.

[don'tbedenied]

Did you hear this from the psychic hot line or are you privy to some statistics you might share?

[RandallFlagg]

Am I the only one invisioning Kerry kicking his cat and screaming, "DAMMIT!!!"?

[mtbopfuyn]

but many of those who were unemployed went from high paying jobs to Fry Cook, Mall Security, or simply lost unemployment benefits.

Are you implying there is something wrong with being a Fry Cook or Mall Security? I have no sympathy for them who now have to live like the rest of us Average Joes who are working at decent jobs, paying our bills, and providing for our children. It's not my fault or Bush's fault those high paying job types outpriced themselves in the job market and have sat on their rears until their benefits ran out.

[Pharmboy]

I look forward to Dan Blather leading with this story on the CBS News tonight (yeah, right...).

Oh--I forgot--I haven't wathced Rather since 1988...

[Tricorn]

"many of those who were unemployed went from high paying jobs to Fry Cook,"


Nobody hires a fry cook without a increased demand for what the fry cook cooks. Where does the increased demand come from if high-paying jobs are declining and low-paying jobs are increasing?

[A. Pole]

Good news, but many of those who were unemployed went from high paying jobs to Fry Cook, Mall Security, or simply lost unemployment benefits.

Hey, Rush Limbaugh likes to say: "Any Job Is a Good Job". The main problem is that minimum wage is too high - we need $1/hour to be able to compete with the Third World.

[atomicpossum]

If the Rat assertion is that the unemployment rate merely drops because people are sad pathetic lumps sitting around crying when they fall off the unemployment rolls, why don't we stop extending unemployment benefits? We should be able to get unemployment down to next to nothing if we get all these freeloaders off the public dole.

[A. Pole]

Are you implying there is something wrong with being a Fry Cook or Mall Security? I have no sympathy for them who now have to live like the rest of us Average Joes who are working at decent jobs, paying our bills, and providing for our children.

When the people with advanced degrees work as "Fry Cook[s] or Mall Security" what the "Average Joes" will do?