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Topic	California is now 5th largest economy in the WORLD. Unemployment rate falls to..
jayj350 05/18/18 11:58:34 PM #14:	CommonStar posted... jayj350 posted... The only reason the unemployment is so low is because of how they measure it. They pull every trick in the book to keep that number down, mostly by figuring out ways to not include the vast majority of unemployed people. It is pretty much just a "recently signed up for unemployment benefits" percentage these days. The same tactic Trump administration uses to boast about the national unemployment statistic. Obama did it too. Exactly. The unemployment percentage is just some bullshit number made up for news headlines in order to make the economy seem like it is doing a lot better than it really is. Probably the only reason why it is so low now is because everyone has been out of work for so long that most people are no longer included. --- This is my signature <cite>jayj350 posted [p:901607015] in California... [t:76622769]...</cite> <quote><cite>CommonStar posted...</cite> <quote><cite>jayj350 posted...</cite> <quote>The only reason the unemployment is so low is because of how they measure it. They pull every trick in the book to keep that number down, mostly by figuring out ways to not include the vast majority of unemployed people. It is pretty much just a "recently signed up for unemployment benefits" percentage these days.</quote> The same tactic Trump administration uses to boast about the national unemployment statistic. Obama did it too.</quote> Exactly. The unemployment percentage is just some bullshit number made up for news headlines in order to make the economy seem like it is doing a lot better than it really is. Probably the only reason why it is so low now is because everyone has been out of work for so long that most people are no longer included. --- This is my signature</quote> ... Copied to Clipboard!
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