It is worthwhile repeating that fallacies appear when reporting on the number of jobless.
This is particularly true these days when the conventional media chooses to overlook the missteps this administration attempts with various employment “stimuli.”
Example: There are those, who once jobless, find new employment within reasonable time. Then, there are those with in-between jobs that may be just temporary or part time. And others during a recession, who go off for work in totally different areas, for lesser work hours.
The number of weeks someone is unemployed is an important statistic. While many unemployed give up seeking work and if able, retire earlier under Social Security at reduced benefits.
New job creation figures are important. Look also to see the type of jobs created. Government work is not creative. It does not have a multiplier effect as do private industry jobs.
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