What's going on with the unemployment rate?

DINGDINGDINGDINGDING

We have a winner. I'm trying to find the link to a Washington Post article that analyzed the trends in unemployment and figured that there's an ongoing cycle--people are laid off, get a job the next month, and then somebody else gets laid off. The "unemployment pool" isn't static, it's very dynamic.

The upshot is the recession is both broader and deeper than what we expected, and the recovery isn't really taking place--it's just shuffling around the workforce.

That or unemployment has skyrocketed, and we just caught somebody cooking the numbers ...

 

Maybe they finally hired some survey-takers who speak Spanish.

 

http://www.washingtonpost.com/wp-dyn/articles/A9400-2002Nov5.html

 

That's the one!

Thanks Colin!

 

I believe we will find that this upsurge can be traced to South Dakota where these fictional farm workers also registered as Tom Daschle democrats.

 

That is why they don't count those lazy bastards "not looking" for work.