be like most of U.S. = see what you want to see...
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While this BLS report is vastly better than the last one
it may be as misleading
what they are trying to tell U.S. is that THIS month, Feb
there were as many jobs created as in the prior TWO months, Dec & Jan.
about 200K.
However, the population expands by 100K each month
So, the jobs in Jan & Dec were equal to the population growth.
and in Feb we provided 100K jobs...
for the 22 Million that are now without them.
And, 12,500 of those 100K were in California.
That's more than 12.5% of the new jobs
Did anyone notice..., in Cal?..., or anywhere else?
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But look at these two NYTimes presentations.
The top one suggests that we are all the way back to being "Normal" again.
the bottom one shows that we are now equal to the peak month last year.
As an ex-friend said to me when we told him our doctor had declared me "back to normal".
Frankly, said he, "we were all hoping for a little better than that !!!"
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Also from the NYTimes Economix blog is Ms C's long suffering job seeker's chart.
The length and depth of these jobs losses is stunning, and very unique.
Those left out, may be permanently lost, to U.S.
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A dismal thought:
If they never return
and never more pay into Social Security, Medicare & Medicaid...
and never more pay state & local & Federal taxes...
who will?
Are we "technically bankrupt" as a nation, and simply have not learned that, yet...
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California's January unemployment rate falls to 12.4%
As the nation's February unemployment report shows a stronger recovery,
California releases figures that say it added just 12,500 jobs in January.
The state's unemployment rate fell to 12.4%, from 12.5% in December.
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