Look, the first-time-jobless claims figure for Oct. 30 fell for the fourth consecutive time. Regardless how many folks are unemployed, looking for work or not, the only way the number of unemployed
CAN improve is for first-time claims to decrease.
The overall unemployment rate stood at 6.1% for the latest period. However, if only the population 20 years of age or older is considered, the figure is 5.5%, while further reducing the sample to those 25 or older brings unemployment to 4.9%, according to
The Bureau of Labor Statistics While it sucks that its tough to find good work when you're young; A) It takes time for an individual to become established, and B) the economy encompasses a large number of jobs filled chiefly by extranationals, legal or otherwise, regardless the relationship of the wage level of that work to other work. Those are the pertinent facts. All the rest is nothing but spin, one way or another.