Stock Trader Larry

Continuing Jobless Claims Actually Rise

Also keep in mind that the method used today to calculate the unemployment rate is different from prior to the 1980's. If the same method was still used, the numbers would be a lot worse than what they currently are announced as.

Another thing not mentioned in the numbers is the number of cash employed workers in the U.S., especially in the construction industry, who are unemployed. While they may not contribute as far as paying income taxes, they surely spend their money in the economy as we all do. This is added pressure to the economy not showing up in the unemployment numbers.