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The Real Unemployment Numbers Are Worse Than You Are Being Told

 
telling it straight

User ID: 1461054
United States
09/09/2012 11:25 PM

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Re: The Real Unemployment Numbers Are Worse Than You Are Being Told
The gov does track this, it's called the U6 unemployment rate

[link to www.bls.gov]
 Quoting: Ddraig


Look at shadowstats' chart. U-6 does NOT include 'long-term discouraged workers." It doesn't include self-employed people or commissioned sales people--anyone who's 1099'd.

Alternate Unemployment Charts

[link to www.shadowstats.com]

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Anonymous Coward
User ID: 17549114
United States
09/09/2012 11:37 PM
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Re: The Real Unemployment Numbers Are Worse Than You Are Being Told
Soo let's see if i understand this?


100% of the working age population less
58.5% of the working age population who have jobs equals
41.5% of the working age population without jobs or a 41.5% real unemployment rate and out of the total working age population the gooberment is kind enough to provide unemployment insurance to 8.1% percent of the populace which means 41.5% less 8.1% equals 33% of the population who are SOL.
 Quoting: Anonymous Coward 7580751


Close enough to make the point.
FATMANGOBOOM

User ID: 14376568
Canada
09/10/2012 12:18 AM
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Re: The Real Unemployment Numbers Are Worse Than You Are Being Told
Election year.... same shit every four years.... lies on top of lies..
Anonymous Coward
User ID: 14380192
United States
09/10/2012 12:22 AM
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Re: The Real Unemployment Numbers Are Worse Than You Are Being Told
ya know those economics class you should've taken in college?

that's why we are in the mess we are in.

too many stupid people watching prime time television looking for their next meal
Sammie

User ID: 930440
United States
09/10/2012 12:37 AM

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Re: The Real Unemployment Numbers Are Worse Than You Are Being Told
worth a watch if you have not seen it

FUZZY Numbers






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