Sunday, June 20, 2010

Nevada takes dubious jobless title from Michigan + What if there's no fix for high unemployment?

[mEDITate-OR:
have the sand shift out from under you..., again...

"Trickle down" effects are not alway obvious, sometimes they are.
One has to ask:  "Is this change in Michigan's UI rate based upon more automobile sales/hiring..., or is it based upon the withdrawal of UI victims from the game.
We have seen a large drop in applicants for jobs. When things started to pick up, they came back out of hiding, and started to look to see if there were any new jobs available. There were not very many, so they went back under the rocks.
Is that what happened in Mich?
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This second article is meant to scare you.
If THIS prognostication is even close to accurate, we are all in very deep trouble.
The "consumption" society will hemorrhage - jobs and money.
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Nevada takes dubious jobless title from Michigan
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What if there's no fix for high unemployment?
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Nevada takes dubious jobless title from Michigan
By Hibah Yousuf, staff reporter
June 18, 2010: 12:48 PM ET
chart_unemploy_rate.top.gif
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