First off, lets not forget how Unemployment numbers are calculated. It's not really
employment based
unemployment compensation based. Meaning, once you fall off the book as collecting said insurance, your considered employed. Maybe more accurately, not unemployed.
The majority of the jobs "created" here have been public sector and service/retail related. Many 50 somethings here in MN [like myself] are gainfully under employed again after the shakeup but it's in one of these areas. I consider myself fortunate earning around 65% of my income for the last 10+ years in one of these jobs but I'm certainly not going to get in line to shake his hand. He had nothing to do with it.
Here is a interesting read for ya. You can hardly argue the source either. The "RED" Star and Tribune is about as left leaning as it gets.
http://www.startribune.com/blogs/277231662.html
I personally know dozens of folks around here under 65 who just gave up looking. I wonder how big that category of folks really is.
Come on to MN. I think Orange Julius is hiring.
RC