Higher unemployment may delay recovery

This article discusses the ramifications of yesterday’s monthly unemployment figures. Unemployment continues to increase and at a rate higher than predicted by experts. Some economists are calling for an additional dose of stimulus. (Other recent stories reported that stimulus money is flowing much slower than expected) Others say that the unemployment rates are increasing but at a slower rate. They say that unemployment will always lag behind other indicators of recovery. They point to better car sales, increased factory orders, and housing prices that have stopped falling in some markets.

http://www.nytimes.com/2009/07/03/business/economy/03jobs.html?_r=1&hpw

I almost chose a different article because I didn’t like this one. Then I thought that I should attempt to describe as best I can why I don’t appreciate it rather than avoiding the analysis.

Good news summary lede. It tells the whole story.

This article is balanced. There are quotes from those who say everything is looking good and also from those who think the situation is worsening. There are indications that more stimulus is needed and other indications that we must wait because stimulus takes a while.

I find that articles like this are of questionable news worthiness. We have one piece of information and a large number of people who give a whole range of ideas as to what it might all mean. Articles like this often read to me like gossip or speculation rather than news.

Like many other articles of this type, the author throws in a lot of related facts and opinions. After a while one wonders if it is all relevant (except in the sense that everything in the world is connected to everything else). So, is it well organized? Hard to tell because I can’t tell where the author is trying to go.