Economic Conditions and Thoughts
I am a labor economist who prepared the unemployment rate,
I was checking with other labor economists about this.
Average income has been decreasing.
Unemployed are dropping out of the workforce.
More workers than ever have multiple jobs needed
tp support themselves with.
More workers than ever have been exhausting
their unemployment benefits and dropping
out of the civilian workforce. This is causing
the number of unemployed to decline.
More workers than ever are being disqualified
who are applying for unemployment claims.
Fewer workers are applying for initial claims.
New entrants and reentrants into workforce
as unemployed are declining.
New entrants are staying in college longer
so they will not have to enter workforce as
an unemployed person.
The net result out of all of this is that the
number of unemployed is declining. as well
as the unemployment rate.
Would like to have your thoughts and comments
about this. It is so easy to mis-state stastics.
There is a labor force and workforce. The
workforce is based on where you work.
The labor force is based on where you live.
My biggest fear that Russia is interferring
with our ability to vote. More and more people
are voting less and less.
Our national average age is steadily increasing.
The result is that more and more people are
retiring and dropping out of the workforce.
who were employed.
Invaribly, the unemployment rate is decreasing.
The number of unskilled jobs is increasing.
The number of skilled workers is decreasing.
God told me to start using my brain and coming
up with something. This is it.
Jim Horn
Copyright © James Horn | Year Posted 2020
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