Author Topic: Worst Annual Job Losses (Read 1998 times)

ਅਮਨ ਪੰਨੂ · « **on:** January 09, 2009, 02:00:23 PM »

The job market is worse than you think
[/color]

The reported unemployment rate spiked to its highest level in more than 15 years. But some think the 'true' rate is really much higher.

NEW YORK (CNNMoney.com) -- The unemployment rate rose to 7.2% in December, the highest it has been since 1993. That's obviously not good news.

But the job market might be in even worse shape than this number suggests. There's a growing number of market experts who think that the government's employment statistics don't accurately paint the true picture of the job market.

In addition, many loyal readers of this column have expressed in both e-mails to me and comments in our Talkback section that they are frustrated with what they think is an intentionally distorted view of the job market.

Now to be fair, the government also does report a so-called underemployment rate, which includes some part-time workers as well as people who have given up looking for work during the past year. That figure is now 13.5%.

Punjabi Janta Forums - Janta Di Pasand · « **on:** January 09, 2009, 02:00:23 PM »

Pυηנαвι Sιηgн Sσσямα · « **Reply #1 on:** January 09, 2009, 09:56:46 PM »

aman 22 this tells us y we shuldn't invest in shares rite now...
iN 1945 great Depression ne hiot kitta c..and at that time ppl who invested they lost their all money cuz stock market crashed that year.
mayb a recession v deep howe...so we should wait for another couple month
jad tak big companies v apnia income statements issuse karn giyia..mayb linnen and things, Zoom airlines wangu koi hor v company apni bankrupcy delare kar dewe.

Author Topic: Worst Annual Job Losses (Read 1998 times)

ਅਮਨ ਪੰਨੂ

Worst Annual Job Losses

Punjabi Janta Forums - Janta Di Pasand

Worst Annual Job Losses

Pυηנαвι Sιηgн Sσσямα

Re: Worst Annual Job Losses

Related Topics

Who's Online

Recent Posts