Chancer

Global Markets in Review: Is the Risk Trade Back On?

Real unemployment is more like 17.5% to 20%. The government understates by half.

I believe they also understate inflation, which in my opinion is increasing now. Food package sizes are being reduced while the same price is charged for the previous larger package.

Utility prices are increasing. Services increase prices or reduce services while charging the old price. Medicare premiums are increasing 14.5% in January; but Social Security is not, because the Feds claim there is no inflation. So, what is the Medicare increase?


On Nov 08 03:43 PM nobby73 wrote:

> Remember, people have to have actively sought work, as an architect,
> in the previous four weeks to qualify as an unemployed architect.
> If people are aware there is simply no work in this field, they will
> either have not looked or will have sought other work.
>
> As the U6 measure has underemployment at 17%+, it stand to reason
> architects are either not seeking work or engaged in other part time
> jobs.