Monday, September 8, 2014

How do the unemployed spend their days?

The unemployed are more likely to shop than they are to look for a job in today's upside down America according to the government's Bureau of /Statistics.
Only 18.9 percent of Americans who were unemployed (in surveys conducted from 2009 through 2013) spent time in job search and interviewing activities on an average day, according to BLS. Yet 40.8 percent of the unemployed did some kind of shopping on the average day--either in a store, by telephone, or on the Internet. 22.5 percent of the unemployed, according to BLS, were shopping for items other than groceries, food and gas.
Like the unemployed are flush with cash to blow as disposable income?

This is just one part of a bigger picture.

Sooner or later, our bubble's gonna burst.

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