Labor day on 'the real news'
posted by Jonathan Versen @ 9:55 PM
3 comments
Dead Horse
Kasztanka, Polish Marshal Józef Piłsudski's favorite combat mare, was stuffed upon her death in 1927 and after World War II was destroyed, allegedly on the orders of Piłsudski's enemy, Marshal Michał Rola-Żymierski.
3 Comments:
The video talks about a "real" unemployment rate of 16.8%.
There's nothing "real" about a percentage that is understated by at least 7 or 8 percentage points. Employment below the poverty line is not employment that should be tallied on a national employment rate. Moreover, when so many earn millions per year for doing absolutely no work, the rate is highly skewed at the top end.
I would estimate an honest rate of about 30%. But if such a rate were made public, we'd see another Haymarket Riot.
How ironic!
Hi Charles.
A poll on CNN.com's net front page on labor day asked if people had a job to go to on Tuesday, and the answers, admittedly unscientific, etc., were 25 percent negative.
Thanks for that bit, Jonathan, I didn't see that.
In my town it's probably close to 35-40% and I just cut a bit off that when I said 30% because I suppose in some places it's a bit better than 30%. My brother lives in DC and he says it's not so bad there... for him. He works for a big Fed Govt contractor though so he doesn't see the same roughness as many of the rest of us.
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