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Author Topic: The True Unemployment Rate: 36%  (Read 2942 times)

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Offline TVDOC

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The True Unemployment Rate: 36%
« on: February 20, 2012, 05:37:34 PM »
http://www.humanevents.com/article.php?id=49644

Quote
How would you define “unemployment?”  Statistics on unemployment are bandied around in the media all the time.  Changes in these statistics are hailed as good or bad news for the President, with varying degrees of emphasis from the news networks, depending on which party the President belongs to.  But what do these statistics truly measure?
 
Would you define “unemployment” as measuring “people who want a job, but can’t get one?”  This is, broadly speaking, the definition embraced by the Bureau of Labor Statistics.  The trick to making those numbers dance lies in measuring “people who want a job.”  The widely reported U-3 unemployment metric, currently standing at 8.3 percent, is very aggressive in shaving off people who have not made recent efforts to find work.  It is further distorted by massive “seasonal adjustments,” which made over a million people vanish into thin air last month.
 
This is why the official unemployment rate gets lower when the American workforce contracts.  Workforce contraction is a very bad thing.  People who simply cannot find work, and languish on unemployment insurance for years, are the last thing a prosperous country needs… but those people don’t count in the official unemployment rate.  For example, if everyone under the age of 25 abruptly stopped looking for work, it would be an economic disaster, but the official unemployment rate would go down, because the pool of people looking for work would get smaller.

<excerpted>


Balance at link.....

doc
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Offline thundley4

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Re: The True Unemployment Rate: 36%
« Reply #1 on: February 20, 2012, 06:53:02 PM »
Shh.  this isn't supposed to be talked about in public.  The MSM will never get into these numbers, only Fox news might.
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Offline obumazombie

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Re: The True Unemployment Rate: 36%
« Reply #2 on: February 20, 2012, 09:25:22 PM »
Who is buying the propaganda "everything is getting better" coming from the owebuma administration ? Someone is.
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Offline JohnnyReb

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Re: The True Unemployment Rate: 36%
« Reply #3 on: February 21, 2012, 06:29:43 PM »
Quote from: obumazombie on February 20, 2012, 09:25:22 PM
Who is buying the propaganda "everything is getting better" coming from the owebuma administration ? Someone is.

Why buy it when the liberal MSM is giving it away.
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Offline obumazombie

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Re: The True Unemployment Rate: 36%
« Reply #4 on: February 22, 2012, 10:20:01 AM »
Quote from: JohnnyReb on February 21, 2012, 06:29:43 PM
Why buy it when the liberal MSM is giving it away.
Yeah, and shoving it down our throats.
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Offline Ptarmigan

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Re: The True Unemployment Rate: 36%
« Reply #5 on: March 08, 2012, 08:49:50 PM »
Quote from: obumazombie on February 20, 2012, 09:25:22 PM
Who is buying the propaganda "everything is getting better" coming from the owebuma administration ? Someone is.

I am seeing more of it than in 2010. More so this year.
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Offline Lacarnut

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Re: The True Unemployment Rate: 36%
« Reply #6 on: March 14, 2012, 02:24:48 PM »
Quote from: obumazombie on February 20, 2012, 09:25:22 PM
Who is buying the propaganda "everything is getting better" coming from the owebuma administration ? Someone is.

I see a lot of conservatives buying the horse shit that Obama will win a 2nd term.
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Offline rich_t

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Re: The True Unemployment Rate: 36%
« Reply #7 on: March 14, 2012, 03:47:47 PM »
Quote from: Lacarnut on March 14, 2012, 02:24:48 PM
I see a lot of conservatives buying the horse shit that Obama will win a 2nd term.

The only reason that I think Obama might win will be due to rampant voter fraud.
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Offline Lacarnut

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Re: The True Unemployment Rate: 36%
« Reply #8 on: March 14, 2012, 08:19:52 PM »
Quote from: rich_t on March 14, 2012, 03:47:47 PM
The only reason that I think Obama might win will be due to rampant voter fraud.

Where? In states like CA, IL, NY and most northeastern states, Obama will carry those states with or without voter fraud. In red states, I don't think that will be a problem.
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