Unemployment rate may be really 14.6% !? not 10.2%!?

Discussion in 'Politics' started by 52ndStreet, Dec 4, 2009.

  1. 52ndStreet
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    52ndStreet VIP Member

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    I hear the unemployment rate may really be 14.6 % not 10.2 % as news media states!
    Are we the American public being given accurate figures from state Dept of labor?.
    Or is Government adjusting the real figures.!?
     
    Last edited: Dec 4, 2009
  2. nodoginnafight
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    nodoginnafight No Party Affiliation

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    I heard it may be 327%
     
  3. VaYank5150
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    VaYank5150 Gold Member

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    I heard you may be a moron!
     
  4. NYcarbineer
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    NYcarbineer Diamond Member

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    The anti-Obama crowd is on a mission to redefine the unemployment rate so they can use a bigger, worse looking number,

    ...not surprisingly.
     
  5. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    The unemployment rate of those actively seeking work is 10%. If you count people who have given up looking or have taken part-time jobs in the mean time, the rate is 17.2%

    Unexpected drop in jobless rate sparks optimism - Yahoo! Finance
     
  6. GHook93
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    GHook93 Aristotle

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    I read the real unemployment is is somewhere btw 17-22%! The gov fluffs the numbers,

    Side note: I heard unemployment of African Americans is around 30%!
     
  7. WillowTree
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    WillowTree Diamond Member

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    how do they figure the unemployment rate? applications for unemployment? If that is true then add up those who don't apply or have run out of unemployment and are still unemployed or have ceased looking for employment. Now what do you think it is?
     
  8. VaYank5150
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    VaYank5150 Gold Member

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    Who is counted as unemployed?
    Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Actively looking for work may consist of any of the following activities:

    Contacting:
    An employer directly or having a job interview
    A public or private employment agency
    Friends or relatives
    A school or university employment center
    Sending out resumes or filling out applications
    Placing or answering advertisements
    Checking union or professional registers
    Some other means of active job search
     
  9. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    The unemployment rate is figured the same way it always has been. If you want to monitor trends you have to measure the exact same variable.

    Any way you measure it you are going to get questions of whether it reflects the true rate
     
  10. LibocalypseNow
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    LibocalypseNow Senior Member

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    10% is just a big lie. This White House has already been caught on several occasions for cooking the books. The 10% number is actually pretty laughable. The real number is of course much higher.
     

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