Papageorgio
The Ultimate Winner
People working under the table are already lying by not paying taxes. Folks like that are not going to tell the government they are working. And I said the number could be as high as 40 million. Certainly, it could be less. I do apologize though for saying I got that number from government estimates. That was my recollection but after finding the link for papageorgio, I see it was from an analyst. The government's estimate was $500b, or about 10 million people; based upon the average income of about $50,000.Since confidentiality is assured, and any Census employee faces jail time for revealing personal information, and no BLS employee could identify any individual, it really isn't that many people who would lie. They're more likely to just refuse to answer the survey. There is no way the employment number could be off by 40 million.Few people who work in the shadow economy are going to reveal to the BLS that they are employed. They will be counted as either unemployed or not in the labor force.Where are you getting that from? Reported income has nothing to do with labor force classification.Don't forget, as many as 40 million of the 93 million may also be working, according to government estimates, but not reporting income.40% only by stupidly including retirees, students, disabled, stay home spouses, independently wealthy, etc. and assuming they all would work 40 hours per week when the highest the national average work week was 34.7 hours since the BLS started keeping track of that number.
I agree with you for all thatOnly idiots of the highest order claim there are 93 million not working but should be. Not to mention, those same imbeciles never include the additional 8 million who are actually unemployed and looking for work. The only know how to mindlessly parrot the talking points they are spoon fed.
Being paid $50,000 for an under the table job? That sounds really high I bet half that would be high.