' reserve not met'

dustoff440 said

Actually the reported percentage of unemployed is WAY low. The numbers published by the government only include those people who had a job where earnings were taxed and the employers paid into the unemployment insurance. There is a whole other category of people who are not counted in this.
people who get 1099's
those who went from full time to part time
those who hustled under the table
those people whose unemployment has run out
those who have given up looking for a job
self employed
those like myself who are "underemployed"
etc. etc. etc.
My guess is that the real figure is closer to 25 percent and here in FL it is probably higher as we are one of the top states for foreclosures

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GOOD GUESS but still a lil low more like 30 - 35%.....everyone MUST remember those published numbers ONLY reflect those that have recently applied for unemployment and those that are actively ON it NOW! the roll off's those that don't apply, the 1099'ers like you said THEY ARE NOT COUNTED or included in those published numbers!!!!! HENCE those published numbers do not reflect anything of value beyond "WHO'S ON IT NOW"
automobile repossessions are at a NEW VISTA!!! new companies are starting up just to handle the VOLUME!!!
250k homes in my neighborhood are short selling for 48k!!! I have not driven on one single city street in my tri county area that does not have at least ONE for sale sign on an empty home, often times more than one per block!!
want ads for jobs is down to two pages and most of them are min wage or commission based sales ....times re not good!!! and we have ZERO BUSINESS even thinkin of lending or sending ANYTHING that even looks like money or jobs offshore!!! ANYONE THAT PROMOTES THAT SILLINESS SHOULD BE SHOT AS A SUBVERSIVE TRAITOR!!!