Posted by Mark - IN. on June 06, 2015 at 06:43:25 from (98.206.242.17):
In Reply to: Raising $400? posted by Traditional Farmer on June 06, 2015 at 05:18:14:
As I understand it, there are a lot of folks who have lost their better and better paying jobs whom now have not just one, but maybe at least two jobs with combined incomes that don't equal that of the job they had but no longer have. These days, we are dished up new jobs numbers every month that tout x-amount of jobs, but don't tout what kind of jobs have been "created", and what most don't focus on is that when these jobs numbers are tossed out, there always seems to be a much quieter accompanying announcement that "...last quarter's jobs numbers were revised downward to the number of...". I particularly pay attention to the jobs numbers at the end of the third month of each quarter to hear that much quieter, less focused on "downgrade" of the last quarters revised numbers. Happens every quarter and will next be heard at the end of July for January, February, and March, albeit quietly. A couple of years ago the department of labor did announce where these newly "created" jobs were occurring, and they seemed to generally fall into the same four categories of "hotel, restaurant, bar, ..." and I forget what the fourth was, but none of the four pay a wage to support a family for sure. Unemployment is now calculated under what are called "U3" numbers, which do not factor in unemployed people that are no longer eligible to collect unemployment benefits, a number half of the truer "U6" numbers that do include those unemployed that are not collecting unemployment.
I try to be kind to those that are either under employed or unemployed by no fault of their own. I hate the thought of having the big, big, big guy above the clouds strike me down either literally, or financially. I don't want to tempt fate.
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