A LARGE NUMBER OF PEOPLE ARE "IN THE LABOR MARKET" BECAUSE THEY NEED TO BE TO QUALIFY FOR THEIR UNEMPLOYMENT CHECKS....
THESE "LONG TERM UNEMPLOYED" WOULD DROP OUT OF THE LABOR FORCE IMMEDIATELY...IF THEY DID NOT HAVE TO "GO THROUGH THE MOTIONS" OF ..."LOOKING FOR WORK"...AND THUS BE COUNTED AS UNEMPLOYED...!
IF THE GOVERNMENT CHECKS STOP COMING...BECAUSE OF THE CLIFF...
MASSIVE NUMBERS OF PEOPLE WILL STOP THE CHARADE OF "LOOKING FOR WORK"...
...AND JUST DROP OUT OF THE LABOR FORCE...AND GO ON WELFARE... AND THUS NOT BE COUNTED AS "UNEMPLOYED...!"
SO IF THE CLIFF JUMP STOPS THE UNEMPLOYMENT CHECKS...
THE FEBRUARY UNEMPLOYMENT RATE COULD DROP TO 8% OR LOWER...!!
THESE "LONG TERM UNEMPLOYED" WOULD DROP OUT OF THE LABOR FORCE IMMEDIATELY...IF THEY DID NOT HAVE TO "GO THROUGH THE MOTIONS" OF ..."LOOKING FOR WORK"...AND THUS BE COUNTED AS UNEMPLOYED...!
IF THE GOVERNMENT CHECKS STOP COMING...BECAUSE OF THE CLIFF...
MASSIVE NUMBERS OF PEOPLE WILL STOP THE CHARADE OF "LOOKING FOR WORK"...
...AND JUST DROP OUT OF THE LABOR FORCE...AND GO ON WELFARE... AND THUS NOT BE COUNTED AS "UNEMPLOYED...!"
SO IF THE CLIFF JUMP STOPS THE UNEMPLOYMENT CHECKS...
THE FEBRUARY UNEMPLOYMENT RATE COULD DROP TO 8% OR LOWER...!!
