Unemployment By The Numbers

LOL! I can remember when jobs were being lost under Bush and some folks brought up the "underemployment" numbers. Guess what the right's response to that was?

move along.
 
If you look at the end of Clinton's last budget, it was 5.3%.

If you look at the end of Bush's last budget, it was 10.1%.

The president get's sworn in during the month of January. But their last budget goes until September or October. Bush and the Republicans handed Obama a sinking ship and then tried to blame it on him. What a disgraceful and dishonest bunch.
 
If you look at the end of Clinton's last budget, it was 5.3%.

If you look at the end of Bush's last budget, it was 10.1%.

The president get's sworn in during the month of January. But their last budget goes until September or October. Bush and the Republicans handed Obama a sinking ship and then tried to blame it on him. What a disgraceful and dishonest bunch.

I remember a time when unemployment went from 5.5 to 5.6 and the left swore that it was a disaster while Bush was President.
 

That previous chart represents something besides unemployment.
 
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That chart represents something besides unemployment.

It represents the real unemployment numbers, not some half baked under cooked numbers by obama.
 
This Chart Says It All

fredgraph.png
QUOTE]

I'm talking about this one which shows EMPLOYMENT and shows the effect of the stimulus.
 
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You are incredibly stupid or just a liar.

That chart represents something besides unemployment.

It represents the real unemployment numbers, not some half baked under cooked numbers by obama.
That's an interesting claim since the 16.6% figure comes from the same agency and the same survey as the official number. So why are you claiming one is cooked and the other is not?

And do you really think including people who have jobs is a "real" UNemployment number. That seems a bit odd to me.

As for discouraged and marginally attached, they have a much higher margin of error and are much more subjective. So how do you figure a more subjective number is more "real" than a more objectice number?
 
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That chart represents something besides unemployment.

It represents the real unemployment numbers, not some half baked under cooked numbers by obama.
That's an interesting claim since the 16.6% figure comes from the same agency and the same survey as the official number. So why are you claiming one is cooked and the other is not?

And do you really think including people who have jobs is a "real" UNemployment number. That seems a bit odd to me.

As for discouraged and marginally attached, they have a much higher margin of error and are much more subjective. So how do you figure a more subjective number is more "real" than a more objectice number?

Do you forget about those who are no longer receiving a check but have not been able to find a job?
 
LOL! I can remember when jobs were being lost under Bush and some folks brought up the "underemployment" numbers. Guess what the right's response to that was?

What was it?

I recall as we headed into the 2006 election Democratsd bad mouthing 5% unemployment and the economy. Some would say democrats purposely tanked it. Now you clowns dont know how to fix it.
 
It represents the real unemployment numbers, not some half baked under cooked numbers by obama.
That's an interesting claim since the 16.6% figure comes from the same agency and the same survey as the official number. So why are you claiming one is cooked and the other is not?

And do you really think including people who have jobs is a "real" UNemployment number. That seems a bit odd to me.

As for discouraged and marginally attached, they have a much higher margin of error and are much more subjective. So how do you figure a more subjective number is more "real" than a more objectice number?

Do you forget about those who are no longer receiving a check but have not been able to find a job?
Nope....they're classified as unemployed if they're looking for work, as are people who were never eligible for UI, as are people looking for their first job or re-entering the Labor Force. The Unemployment level and rate have never ever been based on Unemployment Insurance. It's not even asked.

For the week of Oct 9-15, there were 13,102,000 Unemployed and 6,783,614 collecting checks.
 
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This Chart Says It All

fredgraph.png

Obamacrats are ruining this country. They are destroying jobs. Get them out of office.

You want to nail the guilty parties pick Bush, Paulson and Bernanke. They engineered a trillion dollar gift to the mismanged banks and guess what..........they never wrote down a single restriction about how they had to use it. Then guess what...the banks didn't miss giving a one of their millionaires a bonus. The banks have tightened credit the same way they did in the early 30's. A man has to prove to them he doesn't need a loan before they will give him one. Tight credit...same thing that has held down hiring as long as I've been alive.
 
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That's an interesting claim since the 16.6% figure comes from the same agency and the same survey as the official number. So why are you claiming one is cooked and the other is not?

And do you really think including people who have jobs is a "real" UNemployment number. That seems a bit odd to me.

As for discouraged and marginally attached, they have a much higher margin of error and are much more subjective. So how do you figure a more subjective number is more "real" than a more objectice number?

Do you forget about those who are no longer receiving a check but have not been able to find a job?
Nope....they're classified as unemployed if they're looking for work, as are people who were never eligible for UI, as are people looking for their first job or re-entering the Labor Force. The Unemployment level and rate have never ever been based on Unemployment Insurance. It's not even asked.

For the week of Oct 9-15, there were 13,102,000 Unemployed and 6,783,614 collecting checks.

No they are no qualified anything, once they lose or run out of filing time they are off the system. and are no longer counted as unemployed.

For the week of Oct 9-15, there were 13,102,000 Unemployed and 6,783,614 collecting checks
Show your source
 
You are incredibly stupid or just a liar.
LOL! I can remember when jobs were being lost under Bush and some folks brought up the "underemployment" numbers. Guess what the right's response to that was?

What was it?

I recall as we headed into the 2006 election Democratsd bad mouthing 5% unemployment and the economy. Some would say democrats purposely tanked it. Now you clowns dont know how to fix it.
I recall them claiming it was the end of the world the worse the unemployment had been in years.
 
No they are no qualified anything, once they lose or run out of filing time they are off the system. and are no longer counted as unemployed.
Show your source. (which should be interesting to see you try)

For the week of Oct 9-15, there were 13,102,000 Unemployed and 6,783,614 collecting checks
Show your source

Unemployment (not seasonally adjusted) for October 2011 (refernce week was Oct 9-15)from the Employment Situation Report, Table A-1 Also read the Technical Note on who is counted as what.

Continuing claims from all programs (state and federal): DOL news release Nov 10, 2011 near the end of the release, "PERSONS CLAIMING UI BENEFITS IN ALL PROGRAMS (UNADJUSTED) "

And note that it's not even the same agency putting out the different reports.
 
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I live in Arizona and there are so many vacant buildings with for rent signs it is unbelievable. There are entire strip malls that are vacant and I have lived here for over 30 years and have seen it this bad. So yes, those current numbers of people unemployed are much higher than what is published.
 
No they are no qualified anything, once they lose or run out of filing time they are off the system. and are no longer counted as unemployed.
Show your source. (which should be interesting to see you try)

For the week of Oct 9-15, there were 13,102,000 Unemployed and 6,783,614 collecting checks
Show your source

Unemployment (not seasonally adjusted) for October 2011 (refernce week was Oct 9-15)from the Employment Situation Report, Table A-1 Also read the Technical Note on who is counted as what.

Continuing claims from all programs (state and federal): DOL news release Nov 10, 2011 near the end of the release, "PERSONS CLAIMING UI BENEFITS IN ALL PROGRAMS (UNADJUSTED) "

And note that it's not even the same agency putting out the different reports.
What does the U6 table reflect?

Portal Seven | U6 Unemployment Rate
 
No they are no qualified anything, once they lose or run out of filing time they are off the system. and are no longer counted as unemployed.
Show your source. (which should be interesting to see you try)

Show your source

Unemployment (not seasonally adjusted) for October 2011 (refernce week was Oct 9-15)from the Employment Situation Report, Table A-1 Also read the Technical Note on who is counted as what.

Continuing claims from all programs (state and federal): DOL news release Nov 10, 2011 near the end of the release, "PERSONS CLAIMING UI BENEFITS IN ALL PROGRAMS (UNADJUSTED) "

And note that it's not even the same agency putting out the different reports.
What does the U6 table reflect?

Portal Seven | U6 Unemployment Rate

Your link explains it pretty well. Note that it does not support your false claim that only people collecting UI benefits are classified as unemployed.

Unemployed is defined as did not work 1 or more hours for pay (or 15 or more hours unpaid in family business or farm) and weren't on sick leave, vacation or other temp abscence, and actively looked for work in the prior 4 weeks (those on temporary layoff need not have looked for work).

The Labor Force is Unemployed + Employed (all those working or trying to work). Everyone else in the adult civilian non-institutional population is "Not in the Labor Force."

The UE rate is Unemployment/Labor Force.

It is useful to look at those who are marginally attached....those who say they are willing and available to work but who aren't trying to get a job. This is limited to those who have looked in the last year, so it's known that they have actually tried to find work just not at the current moment. These are people who are likely to start looking for work...they're not available labor, they're potentially available labor.

The U-6 adds in "Part time for Economic Reasons:" those who, during the reference week, worked 34 hours or less, want and are available to work 35+ hours/week, but did not because either their hours were cut or they can't find a full time job. This let's us see the extent of those who were forced to work less hours than they want and are being underutilized. They're NOT unemployed, they're underutilized. So the U-6 is (Unemployed + Marginally Attached + Part time for economic reasons)/(Labor Force + Marginally Attached)

These two measures tell us different things. Th official U-3 tells us how much available labor is not being used at all. And the U-6 tells us how much available and potentially available labor and how much current workers are underused.
 
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Show your source. (which should be interesting to see you try)



Unemployment (not seasonally adjusted) for October 2011 (refernce week was Oct 9-15)from the Employment Situation Report, Table A-1 Also read the Technical Note on who is counted as what.

Continuing claims from all programs (state and federal): DOL news release Nov 10, 2011 near the end of the release, "PERSONS CLAIMING UI BENEFITS IN ALL PROGRAMS (UNADJUSTED) "

And note that it's not even the same agency putting out the different reports.
What does the U6 table reflect?

Portal Seven | U6 Unemployment Rate

Your link explains it pretty well. Note that it does not support your false claim that only people collecting UI benefits are classified as unemployed.

Unemployed is defined as did not work 1 or more hours for pay (or 15 or more hours unpaid in family business or farm) and weren't on sick leave, vacation or other temp abscence, and actively looked for work in the prior 4 weeks (those on temporary layoff need not have looked for work).

The Labor Force is Unemployed + Employed (all those working or trying to work). Everyone else in the adult civilian non-institutional population is "Not in the Labor Force."

The UE rate is Unemployment/Labor Force.

It is useful to look at those who are marginally attached....those who say they are willing and available to work but who aren't trying to get a job. This is limited to those who have looked in the last year, so it's known that they have actually tried to find work just not at the current moment. These are people who are likely to start looking for work...they're not available labor, they're potentially available labor.

The U-6 adds in "Part time for Economic Reasons:" those who, during the reference week, worked 34 hours or less, want and are available to work 35+ hours/week, but did not because either their hours were cut or they can't find a full time job. This let's us see the extent of those who were forced to work less hours than they want and are being underutilized. They're NOT unemployed, they're underutilized. So the U-6 is (Unemployed + Marginally Attached + Part time for economic reasons)/(Labor Force + Marginally Attached)

These two measures tell us different things. Th official U-3 tells us how much available labor is not being used at all. And the U-6 tells us how much available and potentially available labor and how much current workers are underused.

The U6 chart shows the true unemployment numbers. which is not the same number as 9.1
 

Your link explains it pretty well. Note that it does not support your false claim that only people collecting UI benefits are classified as unemployed.

Unemployed is defined as did not work 1 or more hours for pay (or 15 or more hours unpaid in family business or farm) and weren't on sick leave, vacation or other temp abscence, and actively looked for work in the prior 4 weeks (those on temporary layoff need not have looked for work).

The Labor Force is Unemployed + Employed (all those working or trying to work). Everyone else in the adult civilian non-institutional population is "Not in the Labor Force."

The UE rate is Unemployment/Labor Force.

It is useful to look at those who are marginally attached....those who say they are willing and available to work but who aren't trying to get a job. This is limited to those who have looked in the last year, so it's known that they have actually tried to find work just not at the current moment. These are people who are likely to start looking for work...they're not available labor, they're potentially available labor.

The U-6 adds in "Part time for Economic Reasons:" those who, during the reference week, worked 34 hours or less, want and are available to work 35+ hours/week, but did not because either their hours were cut or they can't find a full time job. This let's us see the extent of those who were forced to work less hours than they want and are being underutilized. They're NOT unemployed, they're underutilized. So the U-6 is (Unemployed + Marginally Attached + Part time for economic reasons)/(Labor Force + Marginally Attached)

These two measures tell us different things. Th official U-3 tells us how much available labor is not being used at all. And the U-6 tells us how much available and potentially available labor and how much current workers are underused.

The U6 chart shows the true unemployment numbers. which is not the same number as 9.1

Again, how does it make sense to you that including people who are working and people who aren't trying to work is more "true" a measure of unemployment than people who are trying to work?

Add on that the margin of error for the Unemployment level is about +-2.4% while the margin of error for Marginally Attached is about +-5.7% and for Discouraged it's +-9.4%

And I'll remind you that just repeating things is neither an argument nor support for your claim. Oh, the the October UE rate was 9.0%
 

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