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akuma587 the fact that U6 unemployment improved when the number of working Americans decreased is also cause for doubt... in this case the source of the discrepancy is the seasonal adjustment, the non-adjusted figures seem to be flat with the previous month.

I'm not saying they're changing the statistics as they go along, just that there are reasons to be skeptical about these rates which can improve when less people are working.

We also have to remember that right now there's too much inventory at many retailers and distributors, which is why manufacturers are suffering so much. When that inventory is consumed, there will be a certain boost in work hours and perhaps employment, but that's just the normal rebound. It doesn't mean the situation will keep improving, since the increasing number of insolvent companies and individuals will continue to keep consumption low for a long time.

 



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