tag:blogger.com,1999:blog-8964719845369935777.post1455042523291737420..comments2024-03-27T21:23:40.339-04:00Comments on Chemjobber: Maybe a trend: U3, U6 unemployment downChemjobberhttp://www.blogger.com/profile/15932113680515602275noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8964719845369935777.post-17224715283332809062010-03-08T13:36:17.248-05:002010-03-08T13:36:17.248-05:00The U3 report you're quoting is missing one MA...The U3 report you're quoting is missing one MAJOR number, 1+ MILLION Americans ran out of unemployment compensation on Feb. 28th 2010 and thus they no longer appear in the official U3 calculations. We are in a depression, it's getting worse and everybody knows it!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-84321430565891835782010-02-10T09:23:40.843-05:002010-02-10T09:23:40.843-05:00The seeming improvement U3 and U6 figures in the l...The seeming improvement U3 and U6 figures in the latest BLS report are undone by the following note in the same report:<br /><br />"The number of long-term unemployed (those jobless for 27 weeks and over) continued to trend up in January, reaching 6.3 million. Since the start of the recession in December 2007, the number of long-term unemployed has risen by 5.0 million." --The Bureau of Labor Statistics' latest Employment Situation Summary, released on Friday, February 5, 2010<br /><br />"Trend up" equals "more jobless."Diogeneshttps://www.blogger.com/profile/12508284827152389507noreply@blogger.com