Comments on: Unemployment Numbers and the NC Budget http://pulse.ncpolicywatch.org/2009/07/17/unemployment-numbers-and-the-nc-budget/ Affecting NC public policy through informed, energetic and progressive conversations. Sat, 11 Feb 2012 03:14:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Pete http://pulse.ncpolicywatch.org/2009/07/17/unemployment-numbers-and-the-nc-budget/#comment-44055 Pete Wed, 09 Sep 2009 03:58:13 +0000 http://pulse.ncpolicywatch.org/?p=7328#comment-44055 I agree. I was laid off in oct 2006. Worked a contract job (no benefits) until that ended in August 2008. Nothing since. My second claim for ESC benefits ended early August of this year. Then I read the unemployment rates have dropped. LOL More like the number of claims being paid have dropped but only due to peoples' benefits expiring and not becuase they are now employed. People lucky enough top have jobs are getting pay cuts and reduced hours. Bet that's not counted either. Reminds me of the saying, "Figures don't lie . . . but lairs do figure!" I agree. I was laid off in oct 2006. Worked a contract job (no benefits) until that ended in August 2008. Nothing since. My second claim for ESC benefits ended early August of this year. Then I read the unemployment rates have dropped. LOL More like the number of claims being paid have dropped but only due to peoples’ benefits expiring and not becuase they are now employed.

People lucky enough top have jobs are getting pay cuts and reduced hours. Bet that’s not counted either.

Reminds me of the saying, “Figures don’t lie . . . but lairs do figure!”

]]> By: Doremus Jessup http://pulse.ncpolicywatch.org/2009/07/17/unemployment-numbers-and-the-nc-budget/#comment-40118 Doremus Jessup Sat, 18 Jul 2009 17:39:50 +0000 http://pulse.ncpolicywatch.org/?p=7328#comment-40118 the true unemployment rate is much, much higher than the rate announced by the ESC. I was laid off from a state job years ago during previous budget cuts, drew unemployment until cut off by Tom Delay's Republican Congress. I am not included in the ESC's calculations of the 'unemployment rate' that they say has dropped. John Miller had a excellent article "The Real Unemployment Rate Hits a 68 year High" at the Dollars and Sense Web site, that talks about "U6 unemployment rate". When you factor in discouraged workers who have given up looking and part timers who want FT and cant find, One in Five adults are out of work, thus explaining the collapse of consumer demand. As Howard Zinn has said: "GOVERNMENTS LIE". and not just about war! the true unemployment rate is much, much higher than the rate announced by the ESC. I was laid off from a state job years ago during previous budget cuts, drew unemployment until cut off by Tom Delay’s Republican Congress. I am not included in the ESC’s calculations of the ‘unemployment rate’ that they say has dropped.

John Miller had a excellent article “The Real Unemployment Rate Hits a 68 year High” at the Dollars and Sense Web site, that talks about “U6 unemployment rate”. When you factor in discouraged workers who have given up looking and part timers who want FT and cant find, One in Five adults are out of work, thus explaining the collapse of consumer demand.

As Howard Zinn has said: “GOVERNMENTS LIE”.

and not just about war!

]]>