Word: rates
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...take jobs. In early December, the Labor Department's monthly report surprised on the upside - and brought lots of upbeat headlines - with employers reporting only 11,000 jobs lost and the unemployment rate dropping from 10.2% to 10%. A month later, the surprise was in the other direction - unemployment had held steady, but employers reported 85,000 fewer jobs. Suddenly the headlines were downbeat, and pundits were pontificating about the political implications of a stalled labor market. Chances are, the disparity between the two reports was mostly statistical noise. Those who read great meaning into either were deceiving themselves...
Speth notes the seemingly paradoxical relationship between the growth rate (GDP) and decline in employment. "It takes enormous GDP growth to get jobs," he says. "It focuses us as a nation on a fool's errand...
Since last summer the nation's Gross Domestic Product (GDP) has gone up - indeed, it grew at a surprising 5.7% rate in the 4th quarter - seeming to confirm what we've been hearing: the recession is officially over. But wait - foreclosure and unemployment rates remain high, and food banks are seeing record demand. Could it be that the GDP, that gold standard of economic data, might not be the best way to gauge a nation's relative prosperity...
...youngest age groups because they tend to be the healthiest and the least prone to high-cost diseases, it is not the cure-all for healthcare that some politicians have claimed it to be. The proposal may actually make sense in the current economic climate—the employment rate for people aged 16-24 has fallen to a low of 51.4 percent. But this number has been falling consistently since its peak in 1989, which suggests that other factors may be influencing its decline, and it is not much different from the total employment rate of 59 percent...
According to my conservative estimates toilet paper-less defecation occurs at a rate of at least 40.5 freshman tushies and 23 upperclassmen tushies a day. Comfort and peace of mind demand that we take action. The first step that must be taken is to provide a brand of toilet paper that is both comfortable enough to accommodate the discerning buttocks and durable enough to prevent messy private failure. Quality toilet paper can be consumed like caviar—in smaller amounts than fast food but with greater amounts of utility...