Wednesday, August 26, 2009

Unemployed?


According to The Money Game, The Unemployed Never Had It So Bad. They are basing this conclusion on the above clever chart. Strangely, I come to the opposite conclusion. It seems to me the unemployed never had it so good. They clearly have the resources (and incentives) to stay unemployed longer as evidenced by the upward trend. Say what you would like, there is always a job out there. It may not be a job you are particularly interested in, but a job exists if you have to get one. The chart shows that people are able to hold out longer to find a job they prefer to the jobs immediately available.

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