Why did the unemployment rate drop to...

Why did the unemployment rate drop to 6.7%

Posted in the Xenia Forum

Rambo

Hamilton, OH

#1 Jan 13, 2014
Unemployment rate dropped to 6.7 percent only because adults continued to leave the workforce!
Dennis Gannon

Cincinnati, OH

#2 Jan 13, 2014
Rambo wrote:
Unemployment rate dropped to 6.7 percent only because adults continued to leave the workforce!
because the job market is better
reality

Springfield, OH

#3 Jan 13, 2014
In reality, the improved job picture is a result of a combination of factors. Yes, the overall ecomony is improving and this has begun to spur job growth. At the same time, the long term unemployed (many of whom lack adequate career skillsets) have completely fallen out of the employment radar, have given up hope for finding a job. Many of these people have moved on to "plan B", which can take any number of forms. A lot of people seem to like to live off other people's money. Others become theives. What's really fashionable is faking some sort of disability, getting onto SSD or SSI, then finding an easy part time job that doesn't pay a whole lot so as to not mess with social security income.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Xenia Discussions

Title Updated Last By Comments
News The 25 Most Dangerous Cities in the U.S. Are Mo... (Nov '10) 58 min Bayonne 21,531
Lakewoods Apartments, 980 Wilmington Ave, ( BED... (Oct '12) Mon DieBedBugsDie 13
Dr laub Sun Dog 1
Dr who prescribe adipex Apr 12 Martha 1
Stefanie Mccollister Apr 11 New to town 1
Down2mycore Apr 10 Momma1991 25
Gem City Rollers? Apr 9 Anonymous 2

Xenia Jobs

Personal Finance

Xenia Mortgages