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UNEMPLOYMENT RATE: KEEP IT OR DITCH IT?
Both the state and nation saw unemployment fall steadily in 2014, with the U.S. rate ending the year at 5.6 percent. But that statistic's accuracy as a reflection of the health of the job market is continually being called into question. We opened that topic up for debate on LinkedIn last month. We weren't disappointed with the response.
“I have heard that actual numbers may be as high as 20 percent. There are a lot of people … that have had unemployment run out and I am willing to bet the number of young adults sitting at home in their parents' house is off the charts.”
Peter Kovago
“There are plenty of underemployed that throw off the count.”
John Agoglia
“Perhaps so many people are under-employed because their skills are simply no longer valued (and I mean real value as in making money, no pretend value).”
Jim Pond
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