So Where Are All These Unemployed People?
On Mon, 08 Feb 2010 10:20:55 -0600, "Pete C."
wrote:
Many of those unemployed folks have flocked to the states where the
economy is in fairly decent shape, Texas in particular. The apparent
unemployment rate in TX is lower than most states, even though it
appears higher than it really is due to all the unemployed folks
flocking here to find work.
Correct. The report I read said the umemployment rate was up to 8.3%
(from 8.0) but 62,000 jobs had been added. The only way that can
happen is more folks moving in than jobs created.
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