WASHINGTON—Despite ongoing economic woes and a jobless rate that has been approaching 10 percent, U.S. unemployment projections drastically improved Monday after the consumption of five beers.As Homer Simpson said, alcohol is the cause of, and solution to, most of life's problems.
"It's going up," leading economist David Singleton said confidently, indicating the predicted growth in jobs with an upward wave of a Bud Light bottle. "All the way up. By the end of the month. No problem."According to analysts, both long- and short-term forecasts showed signs of recovery between the third and fourth beer, but the fifth alcoholic beverage was the point at which the employment rate began to close in on 100 percent.
Joblessness was not the only domestic problem that began to appear eminently solvable after the rapid downing of five beers. Also substantially improved were projections for the housing crisis, the affordability of health care, getting hot wings later, and being able to drive home just fine.
Though most on their fifth beer showed unbridled optimism—and in some cases outright cockiness—in terms of the employment landscape, those who greatly exceeded that number said they saw the current job market as hopelessly bleak. Contrary to the rosy prospects he had described earlier in the evening, economist David Singleton, after imbibing nine beers and an unknown quantity of Wild Turkey, lamented that there would have to be a comprehensive shift in the nation's entire economic structure before any lasting improvement could be realized.
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