Old Project Avalon Forum (ARCHIVE) - View Single Post - Seven states see jobless rate top 10 percent

pyrangello · 03-27-2009, 06:26 PM

Hey D62, you better add another 10 % on those totals, When the Clintons were in office they reformulated the calculation basis and changed the way to count the unemployed, In the american free press I read last night the U.S. unemployment rate today should be using the old formulation that was used since the 30's be at 17% nationwide as of today.

My guess from all I have read and watched on TV, Elkhart Indiania is probably at close to 28%, In the one area in the state of Oregon it is about 30%, and where the DHL hub in willmington Ohio that closed down , I thought I heard almost 50%.

I had a salesguy come in my office yesterday , let go after 12 years from a steel warehouse , he said they let go of 16 out of 26 employees and still didn't know if they were gonna make it.

I also have a house right next door to me that was repo'd for 106k , sat empty for 1 year, they just sold it for 25k.

It sounds to me the current unemployment #'s are like the CPI of the states(consumer price index) MISLEADING!

03-27-2009, 06:26 PM	#2
pyrangello Avalon Senior Member Join Date: Sep 2008 Location: Northern Michigan Posts: 412	Re: Seven states see jobless rate top 10 percent Hey D62, you better add another 10 % on those totals, When the Clintons were in office they reformulated the calculation basis and changed the way to count the unemployed, In the american free press I read last night the U.S. unemployment rate today should be using the old formulation that was used since the 30's be at 17% nationwide as of today. My guess from all I have read and watched on TV, Elkhart Indiania is probably at close to 28%, In the one area in the state of Oregon it is about 30%, and where the DHL hub in willmington Ohio that closed down , I thought I heard almost 50%. I had a salesguy come in my office yesterday , let go after 12 years from a steel warehouse , he said they let go of 16 out of 26 employees and still didn't know if they were gonna make it. I also have a house right next door to me that was repo'd for 106k , sat empty for 1 year, they just sold it for 25k. It sounds to me the current unemployment #'s are like the CPI of the states(consumer price index) MISLEADING!