Wikinvest Wire

A different way to analyze the labor market

Friday, September 04, 2009

The staff at The Onion offer this look at current conditions in the labor market and how things can appear quite different depending upon your state of mind.

Despite ongoing economic woes and a jobless rate that has been approaching 10 percent, U.S. unemployment projections drastically improved Monday after the consumption of five beers.

"It's going up," leading economist David Singleton said confidently, indicating the predicted growth in jobs with an upward wave of a Bud Light bottle. "All the way up. By the end of the month. No problem."

Singleton said the economy would begin its rebound once employers realized that there were many currently unemployed skilled laborers across the country who would "bust their asses" in a number of growing fields.

"Whether it's manufacturing, finance, hospitality, or manufacturing, these dudes trying to reenter the workforce right now have awesome skill sets and, most of all, they really deserve it," he said. "They're great, great guys. All of them."

According to analysts, both long- and short-term forecasts showed signs of recovery between the third and fourth beer, but the fifth alcoholic beverage was the point at which the employment rate began to close in on 100 percent.
It's all a matter of perspective...


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