Unemployment Rate is Like the McRib Sandwich

Our current unemployment rate is like the McRib sandwich. With a lot of
hype and marketing, the McRib was McDonald’s finest obesity marketing
scheme to date. It was a boneless pork patty shaped like it had bones.
Then it was slathered in BBQ Sauce, and eaten between a spongy sandwich
bun. Whenever the sandwich made a comeback tour, every teen, nerd, geek
and weed smoker communally grubbed on the McRib.

The unemployment rate made a comeback tour and hasn’t really ended. The
numbers released from DOL today indicate that it’s still high. It’s
still smelly. The truth is that we are in a “rehire mode”. But it’s
painfully slow due to the negative news around unemployment.

I get daily emails and calls for recruiting help. Is the unemployment
rate really reflective of the job market right now? If companies are
hiring again, then it’s just a matter of time before that number goes
down. However it seems to be staying put with the help of some marketing
and hype. Hopefully the unemployment rates will go down and not
comeback for a while - kind of like the McRib.

Via Glennlist

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