Workers Still Face Long-Term Jobless Crisis

Workers Still Face Long-Term Jobless Crisis

AFL-CIO
June 4, 2004

The nation’s long-term jobs crisis continued in May, with more than 8 million workers unable to find jobs and the average length of unemployment increasing.

Although the federal Bureau of Labor Statistics (BLS) reported a net increase of 248,000 new jobs in May, the economy has lost 1.2 million jobs since January 2001, and 8.2 million people remained unemployed. The overall jobless rate remained at 5.6 percent but was much higher among African Americans at 9.9 percent and Latinos at 7 percent.

The BLS reports the average length of unemployment rose to 20 weeks last month, up from 19.7 weeks in April. Nearly 22 percent of all jobless workers have been without work for 27 weeks or more. Their situation is made all the more desperate by the failure of the Republican-dominated Congress to extend unemployment insurance benefits to the long-term jobless.

http://www.aflcio.org/yourjobeconomy/jobs/ns06042004.cfm

Where's Frodo on this?

America has seen an increase in the marketing industry, especially the newly saturated field of roadside marketing, "Will work for food," employees have been spotted on most highways advertising their services.

They're using "household surveys" instead of payroll receipts. Furthermore, they are "guestimating" instead of using formulas that can be independently calculated.

Basically, they're making it all up. More jobs according to the Ministry of Plenty. Things must be good!!!!!!