What happened?

[westend1]

There used to be a new thread about the economy and unemployment every day.  Now.......crickets.   I even saw some fool who said his 401k was finally going to grow.  Hello?   

[CraigS]

First I'll say that the formula for all presidents is a joke. .. with that said. . The only reason the unemployment rate has dropped... is because so many people have dropped out of the equation ... they quit looking. ..I would guess the actual rate is in the 14% - 17% rate as far as actual people being unemployed. ..in addition to modifying the formula to include those who've dropped out. ...I believe part time jobs should show up as such. .. Maybe the report should also reflect "underemployed"..

[baddog]

I said my 401K will take off but I am no fool.

A person's unemployment runs out, they are then counted as employed.

We need tax breaks for companies so that the outsourced jobs can return. That would be huge for the unemployment rate, plus a lot of those jobs would not necessarily be minimum wage.

[Big girl]

First I'll say that the formula for all presidents is a joke. .. with that said. . The only reason the unemployment rate has dropped... is because so many people have dropped out of the equation ... they quit looking. ..I would guess the actual rate is in the 14% - 17% rate as far as actual people being unemployed. ..in addition to modifying the formula to include those who've dropped out. ...I believe part time jobs should show up as such. .. Maybe the report should also reflect "underemployed"..

where did you get your info.