Some U.S. states find recovery hope in jobs data
Don't you just love the way the government lies to the public?
The government calculates the unemployment rate by the people who file for unemployment benefits. If you used to work as a highly paid skilled worker and you are now working as a fast food restaurant cook or cashier (even though you can't support yourself), you are no longer counted as unemployed. If you have given up hope and no longer look for work you are dropped from unemployment benefits and no longer counted as unemployed. If you are unemployed for too long and your benefits run out, the government no longer counts you as unemployed.
Thus the longer this great depression lasts, the more the unemployment rate drops. This gives the government the excuse it needs to claim that the economy is improving because the unemployment rate is dropping.
While on paper and in government statistics factories this may look good, I don't think this is the solution to unemployment that the average
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