Unemployment Numbers as off April 5, 2012

[GHook93]

Funny how the lame-stream media is not reporting that the faux unemployment numbers remain stagnant in March.

Gallup Daily: U.S. Employment

Full Time Employed = 64.5%:, which would mean that 35.5% of Americans of majority age are NOT WORKING or UNDER-EMPLOYED. Yet unemployment + under-employed is only 26.1%, where do these other 10% go? What the government says is they are not looking! True for some, such as house-wives, welfare receiptants (even though this group is supposed to be looking) and the legally disable. However, the goverment puts BREAD-WINNERS in this group, who are supposedly are "NOT LOOKING!" What crap! These people are looking but can't find a job, get an interview or even find open positions in their field. "Legit not lookers" stated above (house-wives) make up about 2-3% of the "NOT LOOKING!" The other 7-8% are bread-winners unemployed so long the government considers them outside the unemployment ranks for POLITICAL PURPOSES!

Faux unemployment = 8.3% - TRUE Umemployment = 15.3%-16.3%

Under-Employment = 17.8% = Hence why we see so many adults, recent college graduates and clean cut non-illegal Hispanics at the registers in fast food joynts, in Target/Walmart and chain clothing stores working for minimum wage or slightly above it!

Faux Umemployment + Under-employment = 26.1% - TRUE Umemployment + Under-employment rate= 15.3%-16.3%+ 17.8% = 33.1%-34.1%

If you you really think this is a good economy and that this is a recovery than your a moron!

What Gallup Tracks:

Gallup tracks daily the percentage of U.S. adults in the workforce, ages 18 and older, who are underemployed, unemployed, and employed full-time for an employer, without seasonal adjustment.

DEFINITIONS OF GROUPS:

"Underemployed" respondents are employed part time, but want to work full time, or they are unemployed. :

"Unemployed" respondents : are those within the underemployed group who are not employed, even for one hour a week, but are available and looking for work.

Respondents "Employed Full Time for an Employer": are those who are employed by an employer for at least 30 hours per week. Daily results reflect 30-day rolling averages based on telephone interviews with approximately 30,000 adults. Because results are not seasonally adjusted, they are not directly comparable to numbers reported by the U.S. Bureau of Labor Statistics, which are based on workers 16 and older. Margin of error is ± 1 percentage point.

 

[GHook93]

Because Bush was a bad President and most do not disagree with that! The fact that Bush did it doesn't take away the fact the TRUE unemployment stats are 15-16%!!!

 

[Truthmatters]

There is a reason the republicans planned this economic crash like they did.

The boomers were about to retire and they had some decent savings and pensions coming.

the republican party crashed the economy so these things could be raided by the wealthy.

It worked just as planned by the republcan party.

 

[GHook93]

There is a reason the republicans planned this economic crash like they did.

The boomers were about to retire and they had some decent savings and pensions coming.

the republican party crashed the economy so these things could be raided by the wealthy.

It worked just as planned by the republcan party.

OK I will bite. The crash was based off of an artificial housing market. Those policies came from the Clinton administration and ignored during the Bush administration.

First, the Community Reinvestment Act, brain child of economic dumbass Jimmy Carter, was revived by Clinton to "provide the American Dream of Homeownership to everone!" It forced the big banks (you know the ones that got the bailouts) to lend a certain percentage of their portfolio to low income Americans and Minorities or face harsh fines and fees and lose tax benefits. No way to do this without tossing out the risk matrix. Clinton admin started this snowball that couldn't be stopped and the ECONOMICALLY challenged Bush administration ignored it.

Second, Clinton Admin under the GUIDANCE of Dimocrats Dodds and Frank, gave Fannie Mae and Freddie Mac (created in the '30s) the absolute power to create a boneheaded and artifical secondary market. Here banks and investors could right toxic and moronic loans making a killing off the front-end and then sell them off to FM/FM without taking any of the risk! It would be like a person buying spoiled fruit for $5 and selling it off to a quasi-government agency for $50, regardless of the fact the fruit was spoiled at the time the original person bought them.

Truthmatter you are mentally challenged so you can still blame the GOP for everything OR YOU CAN FINALLY LOOK AT REALITY! Your choice!

 

[GHook93]

There is a reason the republicans planned this economic crash like they did.

The boomers were about to retire and they had some decent savings and pensions coming.

the republican party crashed the economy so these things could be raided by the wealthy.

It worked just as planned by the republcan party.

Answers this question: Does it matter to you under-employment is so high? Do you get depressed anytime you walk into a chain clothing store or fast food joynt that used to be filled with kids are now filled with adults?

Or is saying the Bush and the big bad Republican's fault an easier way to make you feel better?

 

[pinqy]

Funny how the lame-stream media is not reporting that the faux unemployment numbers remain stagnant in March.

Gallup Daily: U.S. Employment

Full Time Employed = 64.5%:, which would mean that 35.5% of Americans of majority age are NOT WORKING or UNDER-EMPLOYED.

No, that's not what it means. The Denominator used is the Labor Force, which is Employed + Unemployed. So 64.5% of the Labor Force is employed Full Time.

Yet unemployment + under-employed is only 26.1%, where do these other 10% go?

Gallup's Underemployment number INCLUDES the unemployed, so you're double counting (it says right there in your link what Underemployment means.

So what we have is, of the Labor Force 64.5% are working full time. 8.3% is Unemployed. And 9.5% is working part time but wants to work full time. Which means 17.7% is working part time by choice.

What the government says is they are not looking! True for some, such as house-wives, welfare receiptants (even though this group is supposed to be looking) and the legally disable. However, the goverment puts BREAD-WINNERS in this group, who are supposedly are "NOT LOOKING!" What crap! These people are looking but can't find a job, get an interview or even find open positions in their field. "Legit not lookers" stated above (house-wives) make up about 2-3% of the "NOT LOOKING!" The other 7-8% are bread-winners unemployed so long the government considers them outside the unemployment ranks for POLITICAL PURPOSES!

Well, first, you're not quoting government numbers, so your argument kind of falls apart.

The official numbers come out tomorrow, but let's look at the February numbers (not seasonally adjusted).

Adult Civilian Non-Institutional Population (everyone 16 years+ not in prison, the military, or an institution): 242,435,000

Employed: 140,684,000

Employed Full Time: 112,587,000
Employed Part Time: 28,096,000

Employed Part Time for Economic reasons (cut hours or can't find full time job): 8,455,000​

Unemployed: 13,430,000

Not in the Labor Force: (Not working and not looking): 88,322,000

Not in Labor Force, wants a job now: 6,376,000

Marginally Attached: willing and able to work, looked in last year but not last month: 2,608,000

Discouraged: Marginally attached, not looking because doesn't believe will be successful: 1,006,000​

Source: Employment Situation (will all change tomorrow)

Faux unemployment = 8.3% - TRUE Umemployment = 15.3%-16.3%

Please cite your source.

Under-Employment = 17.8% = Hence why we see so many adults, recent college graduates and clean cut non-illegal Hispanics at the registers in fast food joynts, in Target/Walmart and chain clothing stores working for minimum wage or slightly above it!

You're quoting the Gallup number, defined as "Underemployed respondents are those in the workforce who are either unemployed or employed part time, but want to work full time." So no, they're not talking about qualifications or education.

Faux Umemployment + Under-employment = 26.1% - TRUE Umemployment + Under-employment rate= 15.3%-16.3%+ 17.8% = 33.1%-34.1%

Again, you're double counting and then making up numbers.

If you you really think this is a good economy and that this is a recovery than your a moron!

It's not good, but it is a recovery.

DEFINITIONS OF GROUPS:

"Underemployed" respondents are employed part time, but want to work full time, or they are unemployed. :

Funny how you quote the definition, but then ignore it in order to double count unemployed (already part of the Underemployed rate) and falsely claim it means college grads working min wage jobs.

Why is it so difficult for you to do actual research or to understand what you do read?

 

[GHook93]

Funny how the lame-stream media is not reporting that the faux unemployment numbers remain stagnant in March.

Gallup Daily: U.S. Employment

Full Time Employed = 64.5%:, which would mean that 35.5% of Americans of majority age are NOT WORKING or UNDER-EMPLOYED.

No, that's not what it means. The Denominator used is the Labor Force, which is Employed + Unemployed. So 64.5% of the Labor Force is employed Full Time.

Yet unemployment + under-employed is only 26.1%, where do these other 10% go?

Gallup's Underemployment number INCLUDES the unemployed, so you're double counting (it says right there in your link what Underemployment means.

So what we have is, of the Labor Force 64.5% are working full time. 8.3% is Unemployed. And 9.5% is working part time but wants to work full time. Which means 17.7% is working part time by choice.

Well, first, you're not quoting government numbers, so your argument kind of falls apart.

The official numbers come out tomorrow, but let's look at the February numbers (not seasonally adjusted).

Adult Civilian Non-Institutional Population (everyone 16 years+ not in prison, the military, or an institution): 242,435,000

Employed: 140,684,000

Employed Full Time: 112,587,000
Employed Part Time: 28,096,000

Employed Part Time for Economic reasons (cut hours or can't find full time job): 8,455,000​

Unemployed: 13,430,000

Not in the Labor Force: (Not working and not looking): 88,322,000

Not in Labor Force, wants a job now: 6,376,000

Marginally Attached: willing and able to work, looked in last year but not last month: 2,608,000

Discouraged: Marginally attached, not looking because doesn't believe will be successful: 1,006,000​

Source: Employment Situation (will all change tomorrow)

Please cite your source.

You're quoting the Gallup number, defined as "Underemployed respondents are those in the workforce who are either unemployed or employed part time, but want to work full time." So no, they're not talking about qualifications or education.

Again, you're double counting and then making up numbers.

It's not good, but it is a recovery.

DEFINITIONS OF GROUPS:

"Underemployed" respondents are employed part time, but want to work full time, or they are unemployed. :

Funny how you quote the definition, but then ignore it in order to double count unemployed (already part of the Underemployed rate) and falsely claim it means college grads working min wage jobs.

Why is it so difficult for you to do actual research or to understand what you do read?

Full time employment = 64.5%, which means 35.5% of adults at majority age don't work fulltime. 17.8% are under-employed, which includes unemployed (to my negligence I missed that in the original post), therefore the government puts 17.7% in the no mans land of NOT LOOKING!

Again there are legitimate not lookers: (1) House Wives, (2) People on Welfare (although they are supposed to be looking) and (3) Legally Disability. I would say, on the liberal end, these people make up no more than 6%. Therefore the other 11.7% of the supposed NOT LOOKING category are the BREAD-WINNERS out of work so long the government tosses out of the unemployment stats (hence which has the effect of ranking them as employed ).

CONCLUSION
REAL Unemployment = 20%!!!
Faux unemployment + the Non-Lookers Bread Winners Unemployed = Real Unemployment
8.3% + (17.7%-6%) = 20%

 

[Peach]

Accepting either set of numbers, unemployment is HIGH, bad news for Obama.

 

[8537]

TRUE Umemployment + Under-employment rate= 15.3%-16.3%+ 17.8% = 33.1%-34.1%

Oh gawd...the denial and stupidity gets worse every month.

Your head is going to explode at 8:30 EST tomorrow.

 

[pinqy]

Full time employment = 64.5%, which means 35.5% of adults at majority age don't work fulltime.

NO, it doesn't. The Gallup number you're citing is 64.5% of THE LABOR FORCE, not the adult population. There's a difference. The Labor Force is Employed + Unemployed. No one not looking for work is included in the Gallup numbers.

If you want to use the population, the percent is a lot lower.....Looking at the numbers I cited, the Adult population for Feb was 242,435,000
Employed full time was 112,587,000
112,587,000/242,435,000 = 46.4% of the population. So not only are you screwing up your math, you're making it better than it really is.

17.8% are under-employed, which includes unemployed (to my negligence I missed that in the original post), therefore the government puts 17.7% in the no mans land of NOT LOOKING!

Again, no. The GALLUP numbers (not government) you're citing are of the LABOR FORCE.
So it's 64.5% of the Labor Force is working Full Time.
17.8% are either unemployed or working part time but want to work full time.
That leaves 17.7% working part time by choice. You've left those completely out of your calculations.

And it's WAY more than 17% not looking for work. Not in the Labor Force is 88,322,000
Population is 242,435,000
36.4% of the 16 years old + population is not looking for work. BUT ONLY 6,376,000 SAY THEY WANT TO WORK. And most of them aren't actually available.

Again there are legitimate not lookers: (1) House Wives, (2) People on Welfare (although they are supposed to be looking) and (3) Legally Disability.

You're forgetting full time students.

I would say, on the liberal end, these people make up no more than 6%. Therefore the other 11.7% of the supposed NOT LOOKING category are the BREAD-WINNERS out of work so long the government tosses out of the unemployment stats (hence which has the effect of ranking them as employed ).

You're just making up numbers now.

Let's look again. 88,322,000 people neither working nor looking for work. 6,376,000 say they want a job now. So that's 7.2% of the people not looking for work (2.6% of the population) say they want to work. BUT, when further questioned as to whether they could have taken a job last week if offered AND if they had looked for work at all in the last year, only 2,608,000 could say yes to both. That's 40.9% of those who say they want to work, 3% of those not working, 1.1% of the population.

Further questioned WHY they hadn't looked in the last month, only 1,006,000 said it was due to discouragement. The other 1.6 million didn't look due to injury, illness, child care, elderly care, transportation, school etc issues.

You also seem to think there are only TWO categories when you say things like "out of the unemployment stats (hence which has the effect of ranking them as employed." There are THREE categories: Employed (worked during reference week), Unemployed (did not work during reference week, actively looked for work in the 4 weeks ending with the reference week), and Not In the Labor Force (did not work, not looking).

 

[GHook93]

Accepting either set of numbers, unemployment is HIGH, bad news for Obama.

Who cares about bad news for Obama! I prefer faux unemployment in the 4% and TRUE unemployment under 10% and a reelected Obama and Democratic Congress, then a piss poor economy!

 

[dante2308]

I just wanted to add that the 63.5% is the number of people working full time for an employer. Gallup clearly states that there are people who are self employed or business owners so really the first poster should calm down.

In addition to the 63.5%, 7.4% are self employed. Once again you double counted people. Please stop. Gallup is clearly identifying 8.4% as the percentage of the labor force that is looking for a job and does not work. There isn't a reason why 35% or 20% is "true." Both those numbers are false.

In any case working part time is not being unemployed. The BLS reports the underemployment rate which was 14.9% as of February. You can use that as a guide to the percentage of people who would like to work more than they do currently including people who are not looking for work and are discouraged. That isn't unemployment but if you want to understand the trend-line, the peak was over 17.8%% in late 2009.

Keep in mind too that the margin of error with Gallup is +/- 1% and the BLS has a margin of error of <0.25% so any particular Gallup number can be off quite drastically from population rates. In addition the BLS survey's people as young as 16 while the Gallup surveys people as young as 18 so the measures can't really be compared exactly. Also the BLS asks if people are looking for work and Gallup only asks if they want work. If you want to compare the number of people who simply dream of working, then use the BLS U-4.

 

[GHook93]

I just wanted to add that the 63.5% is the number of people working full time for an employer. Gallup clearly states that there are people who are self employed or business owners so really the first poster should calm down.

In addition to the 63.5%, 7.4% are self employed. Once again you double counted people. Please stop. Gallup is clearly identifying 8.4% as the percentage of the labor force that is looking for a job and does not work. There isn't a reason why 35% or 20% is "true." Both those numbers are false.

In any case working part time is not being unemployed. The BLS reports the underemployment rate which was 14.9% as of February. You can use that as a guide to the percentage of people who would like to work more than they do currently including people who are not looking for work and are discouraged. That isn't unemployment but if you want to understand the trend-line, the peak was over 17.8%% in late 2009.

Keep in mind too that the margin of error with Gallup is +/- 1% and the BLS has a margin of error of <0.25% so any particular Gallup number can be off quite drastically from population rates. In addition the BLS survey's people as young as 16 while the Gallup surveys people as young as 18 so the measures can't really be compared exactly. Also the BLS asks if people are looking for work and Gallup only asks if they want work. If you want to compare the number of people who simply dream of working, then use the BLS U-4.

I admitted down the line that I made an error and doubt counted. I also stated in the first post there are legitimate Not Lookers, like house-wives. Where does it say self-employed is not in the full time rate, I didn't see that? Point it out for me. Regardless of that. the 8.3% faux number is off. There are millions of bread-winners that fall out of the government's official rankings, because they have been looking so long they are considered NOT LOOKING!

It was bullshit when past administration did it and it's bull shit when this administration did it. The TRUE unemployment rate is between 15-20%!!!

 

[dante2308]

I'm a first time poster or I would have posted it as an image.

Please explore this link
sas-origin.onstreammedia.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/zbtt_6o1_0wtnenz51semg.gif

I want to just note that the "true unemployment" people have been talking about was a reference to the total underemployment which includes unemployment. The number the BLS gives for that is 14.9% and the Gallup is at 17.8%. It isn't actually unemployment which is a measure that only includes people who aren't working. Please be careful.

 

[pinqy]

There are millions of bread-winners that fall out of the government's official rankings, because they have been looking so long they are considered NOT LOOKING!

There's no time limit. If you're looking for work, you're unemployed, and it doesn't matter how long. If you're not looking for work, you're not unemployed because you're not trying to work. Nobody is "considered" not looking...they're either looking or not.

The VAST majority of people not looking for work don't want to work. Students, retirees, stay home spouses, disabled, etc. About 25% of people not looking for work are 65 or older (and not disabled), another 25% are disabled. 13% are teenagers.

Again, only 7.2% of people not working and not looking for work say they want a job. That's 6.4 million. They're not counted as unemployed because they're not trying to work. Most of them either couldn't take a job if offered or haven't even looked in so long, it's hard to say they really do want to work.

 

[Katzndogz]

No matter what the true facts are, this regime is going to lie about it.

 

[Rozman]

There is a reason the republicans planned this economic crash like they did.

The boomers were about to retire and they had some decent savings and pensions coming.

the republican party crashed the economy so these things could be raided by the wealthy.

It worked just as planned by the republcan party.

The boomers were about to retire and they had some decent savings and pensions coming.

link please

the republican party crashed the economy so these things could be raided by the wealthy.

link please

It worked just as planned by the republcan party.

link please.....


I like this game.....

link please?????

 

[bigrebnc1775]

TRUE Umemployment + Under-employment rate= 15.3%-16.3%+ 17.8% = 33.1%-34.1%

Oh gawd...the denial and stupidity gets worse every month.

Your head is going to explode at 8:30 EST tomorrow.

If Bush was running for President and had these unemployment numbers would you think he deserves to be reelected? Do you think obama deserves to be reelected?

 

[GHook93]

The VAST majority of people not looking for work don't want to work. Students, retirees, stay home spouses, disabled, etc. About 25% of people not looking for work are 65 or older (and not disabled), another 25% are disabled.

I love how you make the claim now, but come a GOP President you will make the opposite claim. I would say it's at 60/40? That 40% shouldn't get ignore in that stat for inconvenience!

13% are teenagers.

Dumbass you have to be majority age. I doubt 18-19 yrs make up that much!

 

[GHook93]

TRUE Umemployment + Under-employment rate= 15.3%-16.3%+ 17.8% = 33.1%-34.1%

Oh gawd...the denial and stupidity gets worse every month.

Your head is going to explode at 8:30 EST tomorrow.

If Bush was running for President and had these unemployment numbers would you think he deserves to be reelected? Do you think obama deserves to be reelected?

I didn't think he deserved reelection in 2004 (Kerry was better in my judgement, I still think he had the best healthcare solution I have heard). I don't think he deserved to be President in '00 (of course the option of Al Gore was worse, which really says something).

Regardless of who is in the Presidency discounting the longtime unemployment (in effect making the appear to be employed) is absolute GARBAGE!