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Number crunching the US unemployment figures
Small but successful Maricopa Community College announced it will reduce the hours of 700 adjunct professors and 600 others to 25 hours per week to avoid paying 13 million dollars in additional insurance under the Affordable Care Act (Obamacare). That would equate to 1300 hours per year. Even at $20 per hour that would be $26,000 a year making them officially "poor" and eligable for program assistance. The person used as a example in the Arizona Republic stated he now makes $10 per hour.
The question is ... since they are now part time (under the federal 30 hour work week) how will they be classified .... as part time if they quit they were just temps ... they were not fired so no unemployment .... is there a category for these people ... not working (in the past) means not employed and out of benefits ... Some are retired and will not show up anywhere other than retired.
As the trainwreck known as Obamacare rolls on the labor stats will become more murky than ever. Even now we do not count the high school student who worked a McD's for the summer and goes back to school as a loss ... we do however count the adult who takes his part time place as a gain.
The national debit clock says we have 11,639,392 officially unemployed but also shows that the actual is 21,559,423. So is it really 7.9% or 17%.
Warning: Do not look at the rest of the clock without a doctors approval .... the shock of the real figures may scare you to death.
Do you believe the media, the administration, or have you done your own homework?