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To: Bommer

Dow hits 11,000. Unemployment @ 5.2%. And we still are in the Depression! Damn! This Meth problem is worse than I thought!


Unemployment is now @4.9! (4% is considered full employment)


9 posted on 02/14/2006 3:44:47 PM PST by kaktuskid
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To: kaktuskid
Current Unemployment is 4.7% Full employment is considered at 5%. The only reason they say 4% is because of the last 2 years of the 1990s we got down there, however as anyone who went into a convince store in 1998-1999 could tell you, MOST of the people employed at the low end after you get under 5% are marginally employable at best.

Plus there is some question if the changes made by the Clinton Admin to calculate the Unemployment rate were as accurate as the previous method. The numbers reported after 1995 are probably underreporting the Unemployment rate due to those Clinton era changes.

20 posted on 02/14/2006 5:35:49 PM PST by MNJohnnie (Conservatives...lack sufficient cynicism to properly assess the nature of their liberal opponents)
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To: kaktuskid
Unemployment is now @4.9! (4% is considered full employment)

That was then. Now, given greater job mobility, I believe 5% unemployed is considered "full employment".

22 posted on 02/14/2006 6:01:09 PM PST by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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