Friday, April 26, 2013

Perspectives on Unemployment

The Wall Street Journal:
Just 88,000 jobs were created last month, far below February's 268,000 gain. The unemployment rate, derived from a separate survey, dropped to a four-year low of 7.6%. But the decline was prompted by nearly a half-million workers leaving the job market, not job growth.
The Economist:

UNEMPLOYMENT in the euro area reached a record high in early 2013. According to Eurostat, the European Commission's statistical service, unemployment in the 17 member states stood at 12% in February (and in January after a revision), the highest in the euro area's history.
David Letterman:
Yesterday [was] take-your-son-or-daughter-to-work day. You know, that's how we got Kim Jong-Un!

You know, for a lot of people it's take-your-son-or-daughter-where-you-used-to work.

And in China, kids take their parents to work!
The business pubs make you think, but David Letterman makes me laugh. Right now I'd rather laugh.

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