Quote Originally Posted by simontibbett View Post
All I know is every business around here has a "Now Hiring" sign out front, not even kidding, I've never seen so many places hiring in my life. I don't say that as an indication anything is better, I'm just saying how weird it is because I'm not even exaggerating. lol
this is true, but the problem is you have to look at the types of jobs being hired for right now.

There was a survey out of the last 6 months about exactly what jobs are being created, and the majority was low level part time entry skilled jobs. IF you see a bunch of signs saying NOW HIRING and its Mcdonalds, Target, Wal Mart, no offense, but that is

A) seasonal (xmas around the corner)
B) not the long term sustainable jobs the country really needs. We dont want a ton of minimum wage jobs replacing the high paying jobs we had 8 years ago

The problem with UE is there are a ton of factors you have to look at to form an opinion. Too many people just look at the number and forget about actually interpreting the raw data.