But what about the changing nature of employment? Does its degeneration and casualisation over the past quarter century get adequately reduced to an unemployment #? I ask without a good sense of how part-time jobs are counted, how underemployment may have changed as a result, how informal sector activity is understood. Anyhow, not to belabor these matters... but if we do see huge job cuts in various industries yet a relatively small rise in the unemployment rate, we'd want to hear more about whether the average wage/income per household is taking the hit, even if 'employment' #s don't bounce down.