Okay, not really. As cool and righteous as that sounds, Bakersfield did not leave the job market. But according to new economics data, unemployment dropped to 8.6%, but only because 351,000 people decided to quit looking for a job and leave the job market. I can’t think of any worse sounding news in times like these. Who knows what this many people are doing with their time or if they are just using unconventional methods to make money for themselves. I can’t imagine 350,000 people just start becoming drug dealers or prostitutes or day traders or any other job that sounds terrible. Let’s hope that some of these people make it through the holiday season. It’s statistics like this that bring me back to Prez from The Wire explaining to another teacher what stats like this really mean.
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