Who Do I Believe?

If one is to believe the Bureau of Labor Statistics unemployment is not a problem. I reviewed the BLS website pages to decide for myself what to believe. I couldn’t discern what is happening. There are no clear figures to tell me exactly what is going on. What I do know is what I see going on around me, many people I know cannot find a job to replace the one they lost.

Recently, I had occasion to visit the Will County Land Use Bureau to get a permit to put a new roof on a house. I asked the permit man if  he has seen an increase in permit requests. He had time to talk to me because I was his only customer. The answer is NO. When I visit a business I ask how their business is doing. Many are honest enough to tell me how far down they are from 2009. Recently, I ran into a former colleague who is still working at my former place of employment. I know their business dropped by forty percent when the recession hit. He told me they were nearly back to where they were five years ago, that is a good thing. Currently I am traveling across country. I stay in a chain of hotels that I am comfortable with, and they give a breakfast as a draw. In past years, cars, trucks, and trailers crowded the hotel parking lot and breakfast was standing room only. Last night I parked right next to the lobby door. This morning, I had a premium table right in front of the TV.  The fact remains that businesses doing poorly outnumber those that are doing well. My survey is anecdotal and not scientific, but it is a seat-of-the-pants look at the business around the country.

Today, I spent time reading blogs that I follow. One of them is “Rat Nation.” I lifted a book review from the blog which I have included below. There are no words to describe this book titled “Everything Obama Knows About Creating Jobs.”

Definition of ‘Unemployment Rate’

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
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