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![]() "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 |
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