Forget discouraged, 3 million workers hopelessly unemployed Employers may be hiring, but there’s another big problem with the job market that isn’t being tracked as closely: the hopelessly unemployed. An often overlooked number calculated by the Labor Department shows millions … Continue reading
The half-truth is the claim by Obama and his media pals that the U-3 unemployment rate of 8.3% is good news because that number only reflects those actively looking for work and leaves out the millions of long-term unemployed who … Continue reading
This post starts with a fable. Think of an imaginary country named Utopia with a population of 100 in which 65 already have a job or are looking for a job. The other 35 consists of children, retirees or women … Continue reading