HappySqurriel on 11 July 2009
I kind of have to wonder about how many people are being mislead by the spin that is being put on employment numbers rather than understanding the reality of the situation ... The spin is (essentially) that things are getting worse for people at a slightly slower rate which must mean that things are getting better.
How anyone can think that unemployment is bottoming at a time when continuing claims on unemployment benefits have reached an all time high (since the statistic was measured in 1967), where first time claims are over 500,000 per week, and the only reason the unemployment rate is growing at a slower rate is because people have given up on the possibility of finding a job?
