Tag: unemployment

Which Way Employment?

By Harold Brown                                             A person who wants a job and doesn’t have one knows exactly what unemployment means. Sadly, most of us who depend on the media to tell us about the nation’s unemployment don’t quite know. The “unemployment rate” supposedly tells us the proportion of people unemployed, and is often presented as the whole story.  But there is much more to it: The official “unemployment rate” is the percentage of people in the labor force who don’t have a job and are seeking one. What about changes in the size of the labor force? The labor force is not a fixed group. The focus may on the unemployment rate, but changing demographics affect the labor force as much as,… View Article

Making Sense of Georgia’s Labor Market

By E. Frank Stephenson  Georgians with the misfortune of turning on their televisions confront a barrage of conflicting ads about the state’s labor market. One side would have Georgians believe that labor market conditions are peachy; the other would have us believe the job market is the pits.  Nor are Georgians reading their newspapers immune from the mudslinging. A local columnist recently asked breathlessly, “What has caused our great state to lose more jobs than all other states to the result we now trail all other states in job growth?” He added, “There has not been a time in the history of the state when the job report has been worse, save that of the Great Depression.”  No doubt the… View Article

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