Your Economy (No Politics)

[skono3]

Very interesting article in the context of the contentiousness of the recent drop in the national rate to 7.8

Maybe (probably?) New York has significantly lower percentage of self-employed/consultants relative to other state's work force thus increasing those eligible to claim the benefit. This is the flip side of the coin that everyone discusses when the distortions of the unemployment rate become so evident.

Within this measure illegal aliens working for CASH would also drastically skew this data on a state by state comparison between states where it's less prevalent than others. Notice it's not so much the rate or percentage of illegal alien labor but the rate/percentage not paying into the insurance fund. I believe this differs greatly across industries and regions based on multiple factors; culture, economics/ law enforcement/ tax incentives/ unions and so on.