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Central New York's jobless rate doesn't include the hidden unemployed (real rate nearly 15%)
The Post-Standard-Syracuse NY ^ | January 04, 2010, 6:24AM | By Marnie Eisenstadt

Posted on 01/04/2010 4:34:16 PM PST by Behind Liberal Lines

roughly 18,000 people in Central New York ... are working part-time because they can’t find full-time work. They aren’t counted in the unemployment numbers released every month because they are working. Just not enough.

People who have stopped looking for work also aren’t counted in the monthly unemployment figures. If both groups were counted, the Syracuse area’s unemployment rate would be 14.8 percent. That’s almost 50,000 people, and almost double the unemployment rate in November, 7.8 percent.

(Excerpt) Read more at syracuse.com ...


TOPICS: Business/Economy; Front Page News; US: New York
KEYWORDS: economy; syracuse; unemployment

1 posted on 01/04/2010 4:34:18 PM PST by Behind Liberal Lines
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To: Behind Liberal Lines

These numbers would be widely reported if a Republican were in the WH.


2 posted on 01/04/2010 4:44:36 PM PST by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: governsleastgovernsbest; gaspar; NativeNewYorker; drjimmy; Atticus; John Valentine; TLBSHOW; ...

Upstate NY ping


3 posted on 01/04/2010 4:50:14 PM PST by Behind Liberal Lines
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To: Behind Liberal Lines

I wonder what the hidden employed list looks like?


4 posted on 01/04/2010 4:52:28 PM PST by PeterPrinciple ( Seeking the truth here folks.)
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To: Behind Liberal Lines
That doesn’t include people working for cash (under the table) and ILLEGALS.
5 posted on 01/04/2010 4:59:57 PM PST by kcvl
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To: Behind Liberal Lines

Well, Syracuse did vote for hopenchange...


6 posted on 01/04/2010 5:01:44 PM PST by NativeNewYorker (Freepin' Jew Boy)
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To: Behind Liberal Lines

Thanks, Happy New Year!


7 posted on 01/04/2010 5:26:57 PM PST by neverdem (Xin loi minh oi)
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
Thanks Behind Liberal Lines.
8 posted on 01/04/2010 5:27:28 PM PST by SunkenCiv (Happy New Year!)
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To: kcvl

no illegals in this particular spot in NY unless they’re brought up from NYC to do some weekend work. The locals want to be paid in cash only and most are on some sort of disability. Employers hire only part time workers.


9 posted on 01/04/2010 5:40:39 PM PST by 1_Rain_Drop
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To: kcvl
"That doesn’t include people working for cash (under the table) and ILLEGALS.

And, doesn't include those self-employed. They aren't eligible for unemployment.

10 posted on 01/04/2010 5:58:03 PM PST by mia
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To: Behind Liberal Lines
If 7.8% was the number the state wouldn’t be in the financial straights it finds itself.
I would like to see NYS public vs. private employment numbers. When my brother and I went to his Godmother’s funeral a few years back, we chatted with the bartender and her friend in the hotel bar. Their goal was to get a job with the state for the retirement benefits. Some ambition.
11 posted on 01/05/2010 2:03:42 AM PST by Jimmy Valentine's brother (Victory or Death)
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