The weekend edition of Some Assembly Required has some very interesting stuff -- GO THERE! (follow link)
Here are two bits:
Red Herring: 'Structural unemployment' explains unemployment by saying the workers are not skilled enough. Yet if every open job in the country were filled, 80% of the unemployed would still be unemployed. Let 'structural unemployment' never pass your lips again – it blames the victims and apologizes for the overlords decimating America in the chase for profits.
Snow Job: Unemployment fell to 9.0% in January – mainly because people left the work force in droves, not because anyone found a job. The number of actually employed people dropped by more than 1.5 million. The economy added only 36,000 jobs – if it could add 246,000 a month for then next six years then we'd be back to where we were before the Great Readjustment began. Almost 15 million Americans are unemployed, another 9 million are working part time for economic reasons, and about 4 million more have left the labor force since the start of the recession Of those unemployed, 6.4 million have been unemployed for six months or more.
Realtor.com Reports Active Inventory UP 25.5% YoY; New Listings up 14.9% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
5 hours ago
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