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Used to be Singpilot...
Join Date: Oct 2006
Location: Sioux Falls, SD is what the reg says on the bus.
Posts: 1,867
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PP GREEN POST! "Official" Unemployment Rate in Californeeeah is 12.3%
I truly do hope this doesn't end up in PARF.
It's a GREEN POST. I was going to post it PARF originally (and save Wayne some server time and electricity by putting it there directly), but the software was not 'accepting' posts to PARF 'at this time'.....
OK, now down to business. Or maybe not if you are one of the 12.3%.
When you read the fine print (as you have to these days of dubious government statistics) it says that this figure is derived by taking the quantum negative value of uranus divided by the Wilson fudge factor... , You get my point.
It basically comes down to everyone on unemployment at this moment.
Hmmmm.
Translated, that means the people whose unemployment benefits have run out are not in that group. The millions of illegal and resident visitors to this country who had no unemployment benefits, or had them and no longer do are not in that number. The people who have given up the hope of ever finding a job are not there. The under-employed; not on that list.
You want to know what did make headlines above that number?
Unemployment filings are down.
Hmmmm. Translation?
Saw this morning that Jack-In-The-Box stores were closed all across NorCal. Seems the immigrint owner of the largest franchise in the state had not been playing nice by keeping the state sales taxes and state employee benefits payments to pay for his 'lifestyle'. He had become one of the States' largest scofflaws, and the state had put a lien on his franchises. He simply shut them down, no notice. All 70 of them.
Get this. No unemployment for those folks. Estimated payroll for each store; 30-ish. The State Franchise Tax Board grabbed ALL cash assets (including payments made to employee unemployment insurance fund). Supposedly 'negotiations are underway', but a bankrupcy filing may interfere.
I'll bet those people are not included either.
No wonder the sticker on my large Coke for "JacksBigRipoff" game didn't win anything this morning.
Last edited by fingpilot; 09-18-2009 at 04:11 PM..
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