America and the Terrible, Horrible, No Good, Very Bad Jobs Numbers

Atlantic Monthly by Megan McArdle | Nov. 7, 2009 (Opinion)

(Blog Post) So headline unemployment now stands at 10.2%, higher than forecast. Another 10 million or so workers are working "part time for economic reasons", meaning they want to work more hours, but can't get them. And 2.4 million are "marginally attached to the labor force"--they have looked for work in the past 12 months, and say they want a job, but have stopped looking too hard because there doesn't seem to be anything out there. Full Story »

Posted by Kaizar Campwala - via NewsRack (Health Care)

More Info

Tags Help
Subjects: Business
Topics: Jobs
Member Tags: health care reform
Stats Help
# Tweets: 0 (as of 2009-11-06)
Editorial Help
Posted by: via NewsRack - Nov 6, 2009 - 8:52 AM PST
Reviewed by: Kaizar Campwala (review), Patrick McGuire (review), Fabrice Florin (review), Derek Hawkins (review)
Content Type: Blog Post
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Nov 7, 2009 - 6:52 AM PST
Like | | | Comments

To:


Separate email addresses with commas.
25 recipients max.

Note:

Reviews

Show All | Notes | Comments | Quotes | Links
Fabportrait_smallsquare_180x180_thumb
3.0
 by Fabrice Florin - Nov. 7, 2009

A lot of speculation about the impact of the unemployment rate on the economy, the health care bills, and the Democrats. But very little substance to back up the various predictions listed by this short blog post.

See Full Review » (11 answers)
Member_photo_thumb
5.0
 by Kaizar Campwala - Nov. 7, 2009
Kaizar posted this story.
See Full Review » (1 answer)
N1812091_2834_thumb
3.2
 by Derek Hawkins - Nov. 7, 2009

A somewhat helpful comment. I don't read McArdle very often, so I'm a little confused about the economic philosophy behind her remarks—when she ... More »

Alternative predictions: this is good for the health care bill, because Democrats want an achievement to take voters’ minds off of the employment figures; this is ... More »

See Full Review » (10 answers)
Silhouette_sml
4.1
 by Patrick McGuire - Nov. 7, 2009

In a backhand way Megan demonstrates the idiocy in all the pundits, media and politicians. And she might be right if unemployment does not improve by next August.

See Full Review » (11 answers)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

3.3

Average
from 4 reviews (62% confidence)
Quality
3.1
Information
3.0
Insight
3.3
Style
3.7
Context
3.0
Expertise
2.0
Originality
3.7
Relevance
4.0
Responsibility
4.0
Popularity
3.7
Recommendation
3.3
Credibility
4.2
# Reviews
2.0
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »

Topics

Business | Jobs
(See these related stories.)

Links Help

  • Broader Measure of Unemployment Stands at 17.5%

    New York Times by David Leonhardt | Nov. 7, 2009 (News Report)
    The official jobless rate excludes millions of people who have given up looking for work and part-time workers who want to be working full time.
    via OneRiot
    3.9
    Like | Edit | Share | See Reviews »
    • Add a related link