tag:blogger.com,1999:blog-12703782.post2414386128620648275..comments2024-03-25T13:42:25.771-05:00Comments on Advance Indianaâ„¢: Unemployment Rate Drops Because More People Are Dropping Out Of The WorkforceGary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12703782.post-29866631866101509062014-07-03T14:52:42.908-05:002014-07-03T14:52:42.908-05:00"Unemployment rate" is a worthless figur..."Unemployment rate" is a worthless figure, like CPI.<br /><br />A better figure is Labor Participation Rate.<br /><br />11:49, the Dow's increase is primarily due to inflation. While your purchasing power declines due to inflation eroding your savings, the people who own the country have their money in the market, and the market values inflate to keep their purchasing power at stasis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-52948891598516216922014-07-03T12:56:19.784-05:002014-07-03T12:56:19.784-05:00People always quit jobs during the summer (mostly ...People always quit jobs during the summer (mostly part-timers and seasonals...) and the numbers don't include part-time hiring's for summer employment.<br />The border crossings aren't O'bama's fault...drug, crime and lack of a Congress that works together for reform and laws are the problem...Probably undermines causing the havoc of late are being funded in those Central and South American countries being paid to be terrors on society to create what we know witness... A dear friend son's roommate at Culver for the summer is from Mexico...wealthy families send there kids there and other "camps" in the US to protect them from gangs and more... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-15359346550513985662014-07-03T11:49:37.471-05:002014-07-03T11:49:37.471-05:00But does it really matter with the DOW over 17,000...But does it really matter with the DOW over 17,000? Things are completely under control aren't they?<br />BTW,there was a reduction in full time jobs of over 225K with 800,000 part time jobs added,primarily in the vaunted service sectors.<br />Not that it's a big deal but the millenial hipster sector is riding on over 40% unemployment but at least they have Indy soccer to look forward to. You can't eat social media or iphones I guess.Anonymousnoreply@blogger.com