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Fri Jul 4th 09:24 AM
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What Was Left Out of the Jobs Report

I agree that unemployment numbers will continue to rise. My husband was laid off from a financial institution in December. He has received severance pay since then and recently found a new job. He won't even show up in the unemployment numbers, but how many others will because after July they will still be unemployed. He was fortunate because he was an IT worker employed in the financial sector so he can look for work at any business, but those with financial positions (accountants, mortgage, etc.) will have a tougher time finding something new. So I guess the long and short of what I want to say is just wait until the Aug. and Sep. unemployment numbers are reported. I think that is when the true picture will be apparent.
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