Sad News

In article ,
says...
I guess it's all pretty relative. Where I live in Caldwell County, NC the
unemployment rate is quite high! http://tinyurl.com/h8keu

And so the economy here is REALLY BAD RIGHT NOW!

As far as the Fed. interest rates, there is quite a bit of discussion as to
whether Bernanke knows what the hell he is doing!

Op --being right-handed, I can see that you wouldn't understand that knot
(obroff) all of us live in the Mecca of hi-tech--

There's always regional problems, but the state of North Carolina
actually has a lower unemployment rate than the entire left-coast.

North Carolina - 4.6
Washington - 5.1
Oregon - 5.6
California - 5.0

http://www.nemw.org/unemp.htm

"Joe" wrote in message
.net...
In article ,
There's always regional problems, but the state of North Carolina
actually has a lower unemployment rate than the entire left-coast.

North Carolina - 4.6
Washington - 5.1
Oregon - 5.6
California - 5.0

http://www.nemw.org/unemp.htm

Sadly, unemployment rates aren't a true indicator of *REAL* unemployment.
As has been stated before, many people who don't have jobs are dropped from
the unemployment rolls, if they have gone thru the entire period of their
unemployment payments and still not found suitable employment.
Under-employment is another issue, as well. Just because someone came off
the unemployment rolls, doesn't mean they found a job that pays what they
once made. It is more likely that a furniture factory worker, who lost his
job due to outsourcing, will find a job, in the retail sector which pays
much less than his previous job paid In general, many more retail/service
industry jobs are filled, by the formerly unemployed, than high
paying/hi-tech jobs. What with outsourcing, under-employment and employment
of foreign workers--hi-tech or otherwise, official statistic don't
realistically indicate the health of the over-all economy, regionally or
nationally, IMMHO.

Op

On Sun, 9 Jul 2006 08:57:30 -0400, "Mr. Opus McDopus"
wrote:


"Joe" wrote in message
t.net...
In article ,
There's always regional problems, but the state of North Carolina
actually has a lower unemployment rate than the entire left-coast.

North Carolina - 4.6
Washington - 5.1
Oregon - 5.6
California - 5.0

http://www.nemw.org/unemp.htm

Sadly, unemployment rates aren't a true indicator of *REAL* unemployment.
As has been stated before, many people who don't have jobs are dropped from
the unemployment rolls, if they have gone thru the entire period of their
unemployment payments and still not found suitable employment.
Under-employment is another issue, as well. Just because someone came off
the unemployment rolls, doesn't mean they found a job that pays what they
once made. It is more likely that a furniture factory worker, who lost his
job due to outsourcing, will find a job, in the retail sector which pays
much less than his previous job paid In general, many more retail/service
industry jobs are filled, by the formerly unemployed, than high
paying/hi-tech jobs. What with outsourcing, under-employment and employment
of foreign workers--hi-tech or otherwise, official statistic don't
realistically indicate the health of the over-all economy, regionally or
nationally, IMMHO.

Have you considered that when they had the furniture factory job, they
were "over-employed" (or overpaid) and that they now make their
"expected wage?" It's much like the Enron thing - most employees and
"small investors" didn't really lose all _that_ much "out-of-pocket"
money, they lost enormous gains after risking a relatively modest
principle (and in many cases, VERY foolishly/greedily, such as those who
put a large portion of their portfolio in one basket).

TC,
R

In article ,
says...

"Joe" wrote in message
.net...
In article ,
There's always regional problems, but the state of North Carolina
actually has a lower unemployment rate than the entire left-coast.

North Carolina - 4.6
Washington - 5.1
Oregon - 5.6
California - 5.0

http://www.nemw.org/unemp.htm

Sadly, unemployment rates aren't a true indicator of *REAL* unemployment.
As has been stated before, many people who don't have jobs are dropped from
the unemployment rolls, if they have gone thru the entire period of their
unemployment payments and still not found suitable employment.
Under-employment is another issue, as well. Just because someone came off
the unemployment rolls, doesn't mean they found a job that pays what they
once made. It is more likely that a furniture factory worker, who lost his
job due to outsourcing, will find a job, in the retail sector which pays
much less than his previous job paid In general, many more retail/service
industry jobs are filled, by the formerly unemployed, than high
paying/hi-tech jobs. What with outsourcing, under-employment and employment
of foreign workers--hi-tech or otherwise, official statistic don't
realistically indicate the health of the over-all economy, regionally or
nationally, IMMHO.

I didn't realize that unemployment worked differently between the left
and right coasts. Remember this started with your bogus claim of living
in a "high-tech mecca".

On Sun, 9 Jul 2006 08:13:09 -0700, Joe wrote:

Remember this started with your bogus claim of living
in a "high-tech mecca".

Actually, he didn't claim any such thing. He said "knot(pun intended) all of us"
live in a high tech Mecca.
--
Charlie...
http://www.chocphoto.com

In article ,
lid says...
On Sun, 9 Jul 2006 08:13:09 -0700, Joe wrote:

Remember this started with your bogus claim of living
in a "high-tech mecca".

Actually, he didn't claim any such thing. He said "knot(pun intended) all of us"
live in a high tech Mecca.

Very Clintonian of you.

On Sun, 9 Jul 2006 10:07:01 -0700, Joe wrote:

In article ,
says...
On Sun, 9 Jul 2006 08:13:09 -0700, Joe wrote:

Remember this started with your bogus claim of living
in a "high-tech mecca".

Actually, he didn't claim any such thing. He said "knot(pun intended) all of us"
live in a high tech Mecca.

Very Clintonian of you.

And very 'Bush' of you. g

Here's what he posted: "Op --being right-handed, I can see that you wouldn't
understand that knot (obroff) all of us live in the Mecca of hi-tech--".
Where's the bogus claim?
--
Charlie...
http://www.chocphoto.com

"Charlie Choc" wrote in message

Where's the bogus claim?
--
Charlie...

I forgot to mention that I voted for Ralph Nader in the last election, I
guess?

Op

In article ,
lid says...
On Sun, 9 Jul 2006 10:07:01 -0700, Joe wrote:

In article ,
says...
On Sun, 9 Jul 2006 08:13:09 -0700, Joe wrote:

Remember this started with your bogus claim of living
in a "high-tech mecca".

Actually, he didn't claim any such thing. He said "knot(pun intended) all of us"
live in a high tech Mecca.

Very Clintonian of you.

And very 'Bush' of you. g

Here's what he posted: "Op --being right-handed, I can see that you wouldn't
understand that knot (obroff) all of us live in the Mecca of hi-tech--".
Where's the bogus claim?

I guess I took it the wrong way too. It read to me like Op was saying
that since I lived in a hi-tech mecca that the unemployment picture was
different here than in the rest of the country.
- Ken

"Joe" wrote in message
.net...
In article ,
lid says...
On Sun, 9 Jul 2006 08:13:09 -0700, Joe wrote:

Remember this started with your bogus claim of living
in a "high-tech mecca".

Actually, he didn't claim any such thing. He said "knot(pun intended) all
of us"
live in a high tech Mecca.

Very Clintonian of you.

Very narrow minded of you!

Op