Replies to post #128922 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sojourner Smith]

IMO unemployment figures are distorted and will still
continue to rise. Many will be retiring early, so those will be taken off the list. Jobs will continue to go overseas,
note Oracle news about India. Pensions are sky high, so employers will be forced to work with less people. Since
the year 2000 problems needed more programmers, unemployment
was probably at the lowest point it will ever be. Low paying jobs like phone sells, will drop with the new do-not-call list. Overtime
will be cut. However the military and hospitals will need lots of people.

What a joke: lagging indicator.
I will tell you when we get low unemloyment again:
If imagration goes down or stays the same, and baby boomers
retire. Also many will need to die so pensions will stop.
That makes about 15 years at the earliest. So that is truely
lagging.

[Bearmove]

>>>Unemployment a lagging indicator?<<<

I've said it before and I'll say it again. Unemployment numbers ARE NOT a agging indicator.