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And the real unemployment rate is...

 
Cybermerc
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User ID: 1254056
United States
08/03/2012 10:30 PM
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And the real unemployment rate is...
...15%

[link to www.cnbc.com]

The government's most widely publicized unemployment rate measures only those who are out of a job and currently looking for work. It does not count discouraged potential employees who have quit looking, nor those who are underemployed — wanting to work full-time but forced to work part-time.

For that count, the government releases a separate number called the "U-6," which provides a more complete tally of how many people really are out of work.
 Quoting: [link to www.cnbc.com]


You and I both know why they never release the U-6 numbers.
Everyone would freak out if they knew.
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:32 PM
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Re: And the real unemployment rate is...
Consider: Nevada's U-6 rate is 22.1 percent, up from just 7.6 percent in 2007. Economically troubled California has a 20.3 percent real rate, while Rhode Island is at 18.3 percent, more than double its 8.3 percent rate in 2007.

Those numbers compare especially unfavorably to the national rate, high in itself at 14.9 percent though off its record peak of 17.2 percent in October 2009.
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:35 PM
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Re: And the real unemployment rate is...
And according to this

[link to finance.yahoo.com]

Only 24.6% of all jobs in 2010 qualified as good jobs.

What counts as a good job? First, the job must pay at least $18.50 an hour, or about $37,000 annually. (That was the median hourly pay, in inflation-adjusted 2010 dollars, for men in 1979.) In 2010, about 47% of workers were above that $18.50-an-hour threshold, up from 40.6% in 1979 — a slight improvement.

The second component of a good job is employer-sponsored health insurance, in which the employer pays at least some portion of the premium.

That is some shitty job related info.

Last Edited by Cybermerc on 08/03/2012 10:36 PM
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:36 PM
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Re: And the real unemployment rate is...
bump

for good measure
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:42 PM
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Re: And the real unemployment rate is...
Interesting...

[link to cnsnews.com]

There were 195,000 fewer people employed in the United States in July than in June, according to the Bureau of Labor Statistics, as the national unemployment rate ticked up from 8.2 percent to 8.3 percent.

Meanwhile, 150,000 people simply dropped out of the labor force during the month and did not seek to find a job.

In June, according to BLS, there had been 142,415,000 people employed in the United States. In July, that dropped to 142,220,000--a decline of 195,000.
 Quoting: [link to cnsnews.com]


Last Edited by Cybermerc on 08/03/2012 10:44 PM
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:44 PM
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Re: And the real unemployment rate is...
Good thing stocks were up today on the awesome employment news! jerkit
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Cybermerc  (OP)

User ID: 1254056
United States
08/03/2012 10:49 PM
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Re: And the real unemployment rate is...
One last

bump
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Anonymous Coward
User ID: 10284938
Canada
08/03/2012 10:52 PM
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Re: And the real unemployment rate is...
I think the unemployment rate is around 25% to 30%!!!
Anonymous Coward
User ID: 10284938
Canada
08/03/2012 10:54 PM
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Re: And the real unemployment rate is...
Im waiting for the economic collapse!!! rockon





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