UNEMPLOYMENT IN U.S.
Screwing with the Unemployment Statistics
Unemployment benefits application line at noon running for half a block out onto the sidewalk in Brooklyn, NY (photo by Tricia Wang 王圣捷 is licensed under CC BY-NC-SA 2.0)
Something is screwy about unemployment numbers coming out of Washington.
In late July, just before the end of the supplemental $600 weekly checks for people collecting unemployment benefits, the New York Times reported that 30 million were receiving those checks.
That’s 30 million laid-off workers who qualified for unemployment benefits, which is not everyone who was laid off, since many people who get work for a wage don’t qualify for unemployment compensation.Read More »