Saturday, May 5, 2012
Dateline Normal. Mn: Accountants Shocked that People are not applying for Non-existent Jobs: FICTION
Accountants and pundits were shocked today at the release of data suggesting that folks are retiring from the workforce, and what is worse are not applying for jobs that do not exist...such a shock...and the "participation rate" has been adversely affected, making it look like things are better than they should be...and having an unemployment rate that is holding even, but if every person that had died had just lived and been working, and every person that had retired had not...then...well...things might have been better in that the numbers would have been worse and that would have been better for some politicians...
Stay tuned as I follow this unusual accounting story.
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