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In their economic news segment.... because the stock markets are closed they did a little bit of real news and talked about the job projections.
The talking head lady said that there was good news and bad news in the employment market. She said that as employers start to hire more people, the unemployment rate will go up to ver 7% Why? because the people who have stopped looking for jobs will start looking again as more jobs become available and will, thus, be counted in the unemployment statistics. All DUers who think this is some kind of innoculation raise their hands! :hi:
She went on to talk about the forcasted types of jobs which will experience growth in the next few years (this was already posted on DU last Friday or so). She again used the good news/bad news analogy: Good news: More jobs Bad news: Low Paying jobs. All DUers who said "I told you so", raise their hands :hi:
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