tag:blogger.com,1999:blog-6399730406480392183.post8558922034791081760..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: America's Missing Workers and the Real Unemployment RateA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6399730406480392183.post-53990313217054521682014-03-15T17:49:22.411-03:002014-03-15T17:49:22.411-03:00This may be another way of getting to what you are...This may be another way of getting to what you are saying. Here is how the BLS describes its way of identifying those who are NOT actively looking for work: ". . .merely reading about job openings that are posted in newspapers or on the Internet."<br /><br />We have seen a growing disparity between the U-3 and the U-6, with the former now being only 52% of the latter -- in contrast to rates as high as 58% in the past. Not counting those who consistently look at the internet today may be under-counting those who, in fairness, are actively looking for work because internet databases, including Craigslist, Indeed, Monsterboard and employer's lown websites, are far more comprehensive than they used to be. From an efficiency standpoint for many jobs, checking the Internet every few days is the best way to actively look for a job.<br /><br />Also note that while "discouraged workers" is obviously a partial measure at best -- gaps in employment-to-population ratio give a better feel for the phenomenon -- those reporting they are discouraged are still double what they were before the crash, even triple what they were in the last really strong labor market in 2000.urban legendnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-2928245290779827772014-03-07T10:00:33.423-04:002014-03-07T10:00:33.423-04:00I'm wondering why you start your data in the 1...I'm wondering why you start your data in the 1940s, and not with the Great Depression, which is the economic collapse most like the recent collapse.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-14422793916409401822014-02-17T23:15:36.367-04:002014-02-17T23:15:36.367-04:00Another factoid a lot of people aren't aware o...Another factoid a lot of people aren't aware of is: if someone in America works ONE day, like unloads a truck via a local Labor Ready or casual day labor center, the state and federal Labor Depts then list that as one job "created" for that fiscal quarter.<br /><br />The Dept of Labor stats are ridiculously skewed, have been since the Clinton Administration. It's extremely political. You even see state that are 'blue' reporting lower unemployment if there is a Dem in the White House and converse 'red' states will report higher unemployment rates with a Dem in office.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-89602698144749386382014-02-13T20:03:24.925-04:002014-02-13T20:03:24.925-04:00Thanks to you all for your comments. We certainly...Thanks to you all for your comments. We certainly live in a unique time when headline economic statistics are proving to be reflecting an alternate reality that none of us live in!A Political Junkiehttps://www.blogger.com/profile/03342345936277964422noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-79060349838673470862014-02-13T14:09:25.839-04:002014-02-13T14:09:25.839-04:00Honesty a funny thing happened at my part-time job...Honesty a funny thing happened at my part-time job the other day and it scared me alittle. I work two jobs one pays 27$, the other 10$ per hour. 27$ per hour job is my full time employment so I live pay check to pay check (wife hasn't worked in 4 years) But I do have cable and internet (perks if you will of life) food and rent gets paid on time. Anyway I was on break(10$ per hour job) two of my other co-workers were also on break I had a pile of food in front of me i was happly eating and these other two were just watching me and I asked them why they were getting anything to eat, well niether could afford to they told me. (we at this job just got paid 2 days before) but their money was already gone. Later on so it wouldn't obvious I asked each of them what happened to their money and it was heating bill for one and Food for the house with the other. But the food for the house guy had in only 2 days eaten all that food.(not just him but others in that house also) Both these guys work partime and make about 9 dollars an hour and are going hungry 2 days after pay day. Scary. Hunger can drive people mad. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-62946107677453621362014-02-13T10:38:25.184-04:002014-02-13T10:38:25.184-04:00See http://www.shadowstats.com/ for more informati...See http://www.shadowstats.com/ for more information on this topic, et al.Curthttps://www.blogger.com/profile/08602519210016458146noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-72959113080032842132014-02-13T09:53:26.312-04:002014-02-13T09:53:26.312-04:00Do you think they had to redefine the definition o...Do you think they had to redefine the definition of unemployed so people would be more at ease and lulled into a false sense of security?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-12469531618946436632014-02-13T09:48:46.392-04:002014-02-13T09:48:46.392-04:00Just as important as the slow job growth is the po...Just as important as the slow job growth is the poor quality and number of part time jobs. Many people have taken job cuts.Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-35510306516549120462014-02-13T09:36:35.579-04:002014-02-13T09:36:35.579-04:00Spot on! Again I thank you. It is very difficult t...Spot on! Again I thank you. It is very difficult to read between the lines and find the flaws in the numbers often being given to us. Many people feel something is wrong but just can't pinpoint the problem. The recent slowing of job growth signals even more problems ahead as pointed out in the post below.<br /><br />http://brucewilds.blogspot.com/2014/01/slower-job-growth-red-flag.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com