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[–] Flaaffy 23 points 168 points (+191|-23) ago  (edited ago)

Actually, it wont. Obama made sure everyone who is unemployed and on the state will no longer count as being unemployed.

This way, statistics will show that the unemployment rate has dropped or not changed.

...Tricky Bastard.

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[–] Echo_of_Savages 0 points 88 points (+88|-0) ago 

Always ask for the poverty rate instead of the unemployment rate. It's more eye - opening to the state of the economy

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[–] Veridic 0 points 8 points (+8|-0) ago 

Actually, you look at the labor participation rate: GRAPH

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[–] ScreaminMime 0 points 8 points (+8|-0) ago 

or the employment rate.

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[–] battle 0 points 28 points (+28|-0) ago 

That's been going on for years.

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[–] Flaaffy 0 points 1 points (+1|-0) ago 

Ah, my bad. You are right!

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[–] ThePieAssassin 0 points 11 points (+11|-0) ago 

Lets see how affordable that "Affordable" Health care act will be for those families that are no longer below the threshold for the government assistance.

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[–] Adonis_Von_Megadong 0 points 2 points (+2|-0) ago 

Ding ding ding!

I mentioned this in another post below, but it's not like the prices for goods and services are going to stay the same despite the wage increase, we should be prepared to see a price increase as well, which could potentially negate the wage increase. Combined with what you mentioned about them no longer being below the threshold for the ACA, the may potentially be even worse off, depending on their health.

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[–] Azriel777 0 points 4 points (+4|-0) ago 

Bush JR did something similar with including a lot of low wage jobs like working at McDonald as port of the job market report, which was originally for mid tier and higher jobs only, so it padded the unemployment numbers to make it look like there was plenty of jobs happening when it wasn't..