UNCOMMON SENSE 4 © 1994 revised November 2024 By Helen Lachs Ginsburg, Economics, Emerita, Brooklyn College of the City University of New York, Bill Ayres, Co-Founder of WhyHunger, and June Zaccone, Economics, Emerita, Hofstra University Editor’s Note: The concept of this piece, written soon after our founding, was created by the late Professor Helen Lachs… Read More Employment Statistics: Let’s Tell the Whole Story
UNCOMMON SENSE 4 © revised October 2021 By Helen Lachs Ginsburg, Economics, Emerita, Brooklyn College of the City University of New York, Bill Ayres, Co-Founder of WhyHunger, and June Zaccone, Economics, Emerita, Hofstra University Unemployment figures are not always what they seem. The U.S. Bureau of Labor Statistics (BLS) regularly reports the nation’s monthly and… Read More Employment Statistics: Let’s Tell the Whole Story
THE UNEMPLOYED SPEAK* 1. Jack was laid off after 17 years as a mechanic when his plant was relocated in Mexico. Unable to find a comparable job, Jack is working at Walmart at a fraction of his previous wage. Answer: Jack is a casualty of unemployment, but he is counted as employed, despite his downgrading.… Read More Can You Count the Unemployed? an NJFAC Quiz
