U.S. job losses soar, jobless rate at 14-year high

Re:U.S. job losses soar, jobless rate at 14-year high by newt0311 on Friday November 07, 2008 @02:17PM (#356960)

Its funny how we Americans run like headless chicken when the unemployment rate hits 6.3% while Europe has rates like that in the good years.

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Re:U.S. job losses soar, jobless rate at 14-year high by kqr2 on Friday November 07, 2008 @05:49PM (#357196)

The actual unemployment rate in America is higher because we stop counting people after their unemployment insurance runs out.

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Re:U.S. job losses soar, jobless rate at 14-year high by nradov on Friday November 07, 2008 @09:30PM (#357390)

Wrong. http://www.bls.gov/news.release/empsit.faq.htm

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Re:U.S. job losses soar, jobless rate at 14-year high by steveplace on Saturday November 08, 2008 @08:48AM (#357547)

Two numbers in the unemployment report: U3 and U6. U3 is lower and the one looked after in the media. U6 is much more harrowing and much more accurate.

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Re:U.S. job losses soar, jobless rate at 14-year high by jcl on Friday November 07, 2008 @04:06PM (#357081)

On the other hand, unemployed Europeans get paid more.

(Or so the argument goes... No idea how true it is, as I can't find stats.)

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Re:U.S. job losses soar, jobless rate at 14-year high by mechanical_fish on Friday November 07, 2008 @05:28PM (#357179)

Two words: health insurance.

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