News and Opinion for Democrats Against Bush -- Part II
Report Shows True Severity of Current Slump
PT. II - HOME PAGE
PT. II - CONTENTS
BUSH and the MEDIA
CIVIL RIGHTS
-- Gay Rights
THE ECONOMY
-- The Real Deficit
---- Deficit Lies
-- International Debt
---- Children Will Pay
-- Tax Cut Con Game
---- Tax-Cut Lies
------ to Small Business
---- Phony Benefits
---- Hurting States
---- Why Accepted?
---- Cuts Will Backfire
-- Low-Tax Mania
-- Move toward Flat Tax
-- Corp. Tax Dodgers
-- Corporate Welfare
---- Halliburton
-- The SUV Boondoggle
-- Unemploym't Worse
------ Comp. Denied
---- Jobs Not Created
-- Widespread Poverty
-- False Recovery
-- Stock Market
EDUCATION
-- Texas Sch. Scandals
-- Broken Promises
-- Abandoned Youth
-- College Aid Cut
-- Aid to Rich Colleges
-- Textbooks Censored
-- Acad. Freedom Denied
ELECTRONIC VOTING -- --- A Crucial Issue
ENERGY
-- Monstrous Bill
---- Allows Blackouts
---- Bi-Part. Oppos'n
-- New Energy Bill
ENVIRONMENT
-- Bush's "Eco-Speak"
---- How to Tell Lies
-- Crimes v. Nature
---- Air Pollution
---- Global Warming
---- Ozone Depletion
---- Chemical Hazards
---- Loss of Wildlife
-- States Combat Bush
---- Power Plant Suits
-- Pension Funds, Too
LABOR ISSUES
-- Worker Safety
-- Real Jobless Stats
-- Overtime in Danger
--"Productivity"
PUBLIC HEALTH
-- Poor Ranking
-- Privatized Socialism
-- Health Insurance
---- The Uninsured
------ Middle Class
-- Cost of Drugs
-- Medicare
---- A Cynical Bill
---- Favoring HMOs
---- $$ to Drug Co.s
---- Bait and Switch
---- AARP Sells Out
---- Bullying to Win
---- Australian Critique
---- Some Good News
-- Chill on Research
TRANSPORTATION
-- Amtrak
-- Mars vs. Amtrak
WAR OF IDEAS
-- Use of Language
WAR on TERROR
--'Enemy Combatants'
-- Ultra-Secret Trials
-- Homeland Insecurity
---- Funds Miss Needs
WAR on CIVIL RIGHTS
-- FBI Prying Grows
---- Targeting Protests
------ & Anti-Bush Talk
-- Computer Privacy
-- Patriot Act
---- Excesses
------ Cure - SAFE Act
---- Dangers
---- Author's Fear
---- Librarians' Warning
--"Patriot Act II"
---- Death for Protest?
---- Sneak Enactments
-- CAPPS II
---- GAO Criticisms
---- EFF Concerns
-- Guantanamo
---- Conditions
---- Legal Status
---- UK Judge's Blast
-- Torture Condoned
---- Canadian's Ordeal
-- Yousef Yee
WAR on SCIENCE
-- Scientists Accuse
---- Admin. Can't Deny
WAR on WOMEN
-- Abortion Truths
-- Notorious Photo
WAR on WORKING FAMILIES
"Because of the extended period of job loss, the current labor slump is the most severe on record by several important measures ... "
--TomPaine.com                
 
For more information on jobs and the economy, and to read the full briefing paper, "Understanding The Severity Of The Current Labor Slump" by Lee Price with Yulia Fungard, please click here.

TomPaine.com

The Real Jobs Numbers 

Published: Nov 07 2003

To read the complete article, click here-- http://www.tompaine.com/feature2.cfm/ID/9351

Excerpts and headings--

Many in the media have underestimated the severity of the current labor slump by focusing on the unemployment rate and the gains in real hourly wages. If you look at the numbers, the current slump is setting records in terms of sustained job loss, and the decline in wage and salary income, among other areas. Why should you be skeptical of those who report a rosy future in the job market? Read on.

A number of factors must be considered in order to understand the severity of the current labor slump:

  • The record length of time that jobs have failed to recover...
  • The growth in the working age population since the recession began in March 2001...
  • The effect of the "missing" labor market on the unemployment rate...
  • The loss of wage and salary income..

The U.S. labor market has remained mired in a slump since the recession began in March 2001. This Briefing Paper compares the severity of the current labor slump with that of earlier slumps in terms of both depth and duration, and in terms of both absolute decline and the decline relative to a target based on keeping pace with population growth. Because of the extended period of job loss, the current labor slump is the most severe on record by several important measures ...

For more information on jobs and the economy, and to read the full briefing paper, "Understanding The Severity Of The Current Labor Slump" by Lee Price with Yulia Fungard, please click here.

http://www.tompaine.com/feature2.cfm/ID/9351

_________________________________________________________

Forbes.com
 
U.S. data underestimates new jobless claims-Labor
Reuters, 11.18.03, 4:36 PM ET
By Andrea Hopkins
 
The complete article is currently (3/29/04) available on the Forbes website at-- http://www.forbes.com/markets/newswire/2003/11/18/rtr1152450.html [found through a Google search by article title on the above date]
 
Excerpt

WASHINGTON (Reuters) - The U.S. Labor Department, at the urging of Federal Reserve Chairman Alan Greenspan, is working to fix a statistical quirk that causes the government to routinely underestimate the number of newly unemployed Americans each week, a department official said Tuesday.

Each Thursday, Labor issues its count of Americans filing initial claims for state unemployment benefits in the latest week. In 51 of the past 52 weeks, it has also revised the previous week's number upward, making the picture less rosy than it originally appeared. ...

Copyright 2003, Reuters News Service

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