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More job seekers give up, reducing unemployment

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More job seekers give up, reducing unemployment

Post by Guest on Thu Jun 02, 2011 2:09 pm

Where did all the workers go?

The labor force - those who have a job or are looking for one - is getting smaller, even though the economy is growing and steadily adding jobs. That trend defies the rules of a normal economic recovery. Nobody is sure why it's happening. Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks. Others have probably just given up looking for work.

"A small work force means millions of discouraged workers, lower output in the future and a weak recovery," says Rep. Kevin Brady of Texas, the ranking Republican on the Congress' Joint Economic Committee. "Those are unhealthy signs."

http://hosted.ap.org/dynamic/stories/U/US_ECONOMY_MISSING_WORKERS?CTIME=2011-06-02-08-08-41&SECTION=HOME&SITE=AP&TEMPLATE=DEFAULT

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Re: More job seekers give up, reducing unemployment

Post by americatheneedy on Thu Jun 02, 2011 4:43 pm

Wow some of them probably just died like they wish we all would.

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Re: More job seekers give up, reducing unemployment

Post by Guest on Thu Jun 02, 2011 10:44 pm

The economy is growing and steadily adding jobs. Where did they get this information? Economists think some of the missing workers have retired. Oh but we can't!! We are not missing, we are unemployed.

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Re: More job seekers give up, reducing unemployment

Post by Sponsored content Today at 6:51 am


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