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**Oddz313** · January-10-16, 10:22 AM

One of my friends who is a welder for the pipefitters local told me last night that when he signed up for UIA benefits that 20% of his local was out of work. With no UIA extensions and Snyder cutting 6 weeks off the initial claim I wonder how accurate the unemployment rate is at this point.

**Dan Wesson** · January-10-16, 12:37 PM

Originally Posted by Oddz313

One of my friends who is a welder for the pipefitters local told me last night that when he signed up for UIA benefits that 20% of his local was out of work. With no UIA extensions and Snyder cutting 6 weeks off the initial claim I wonder how accurate the unemployment rate is at this point.

I agree. There is two sets of books. One is for, pardon the phrase, "dumb money" and public consumption.

The other set of books is put together by some very smart types paid to study and ferret out the truth and they are paid to do so by "smart money'.

Trust but verify...