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New Jobs Surge, But Leisure Index Slumps

by Scott Ott · No Comments

(2005-03-04) — A surge of 262,000 new jobs in January has sparked the biggest slump in the Jobless Leisure Index (JLI) in almost four years, according to Congressional Democrats.

“The Bush economic recovery has taken a savage toll on previously-unemployed Americans,” said one unnamed Senate Democrat. “The average formerly-jobless person has seen an 80 percent decline in leisure hours. That means drastic reductions in television viewing and afternoon napping.”

The burst of new jobs has also caused major financial losses and psychological trauma for politicians who have invested heavily in JLI futures.

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Tags: Business

0 responses so far ↓

  • 1 triticale - the wheat / rye guy // Mar 5, 2005 at 1:09 am

    http://triticale.mu.nu/archives/070170.php

    I have been made redundant by changes in the organization structure. Yes, that really is the reason. The firm I’ve been contracting at has decided to phase out the Milwaukee office and run everything out of Chicago. They may…

  • 2 NIF // Mar 5, 2005 at 9:02 pm

    A Saturday like any other

    Today’s dose of NIF - daily News, Interesting & Funny