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To: riri
Its worse than 9.1, lots of people quit looking, esp in IT, or in any of the industries losing factories or going thru extensive outsourcing like the banks, airlines, aircraft, autos, etc.

Lots of people have very light jobs, while they futilely wait for their good jobs to come back, for IT jobs to open up, or for their factories to return from asia.

I have never known anyone who has ever been surveyed by the government as to their employment/unemployment status, ever.I have heard of people in all other types of surveys, tv shows, political candidates, merchandising, etc, but never employment status. Seems like I would have heard of someone who was asked just once. I dont think their sample is very large, nor accurate.

13 posted on 09/22/2003 10:47:59 AM PDT by waterstraat
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To: waterstraat
Seems like I would have heard of someone who was asked just once. I dont think their sample is very large, nor accurate

By design, ofcouse.

16 posted on 09/22/2003 10:52:53 AM PDT by riri
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To: waterstraat
Unemployment stats are not based on surveys. They count the numbers of people filing for unemployment insurance and engaging in job seeking activities.

Recoveries come from moving some people from passive to active. In other words, some who were employees become entrepreneurs and them employers (been there and done that). Then they become new targets for the "business destroyers" in various government agencies.

Others will engage in education or retraining to adapt to the new employment market. Many old jobs never come back.

17 posted on 09/22/2003 10:57:37 AM PDT by ClaireSolt
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To: waterstraat
Lots of people have very light jobs, while they futilely wait for their good jobs to come back, for IT jobs to open up, or for their factories to return from asia.

One positive sign for very senior IT people: some firms are starting to "cherry-pick", hiring senior people for junior-level jobs, on the viewpoint that the IT job market won't improve soon, so they might as well get good people for their slots. I got hired on a junior-level slot. I make a third of what I did, but I'm working in my field, and its enough to pay my bills right now

77 posted on 09/22/2003 5:19:04 PM PDT by SauronOfMordor (Java/C++/Unix/Web Developer === (Finally employed again! Whoopie))
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