When the Bureau of Labor Statistics released its unemployment
data for February 2011, the nation's unemployment rate dropped to
8.9 percent, the first time it has been below 9 percent since April
This number seems to indicate 8.9 percent of the work-eligible
population is unemployed, about 13.7 million people. That 8.9
percent figure, however, might be misleading. The unemployment rate
does not factor in 1 million people known as discouraged workers
who no longer look for work because they believe no jobs are
available for them.
Too bad most of us are too broke to pay tuition too..
Thanks to all members for participating in the discussions.
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