Why does the government lie about the unemployment rate?

[Parker99]

Why does the government lie about the unemployment rate?

The problem is the government only counts people looking for work so if you are homeless or out work for 6 months or year you are not counted has unemployment rate.

What is the real unemployment rate estimate than?

 

[rightwinger]

Why does the Gubmint lie and understate the unemployment rate when Democrats are President and only give the real number when a Republican is President?

 

[Greenbeard]

Are retirees "unemployed" in your view?

 

[Toddsterpatriot]

Why does the government lie about the unemployment rate?

The problem is the government only counts people looking for work so if you are homeless or out work for 6 months or year you are not counted has unemployment rate.

What is the real unemployment rate estimate than?

Why would they count people who aren't looking?

 

[Rawley]

Why would they count people who aren't looking?

Because they are unemployed

 

[rightwinger]

Are retirees "unemployed" in your view?

Retirees, housewives, students…….Don’t count

 

[Toddsterpatriot]

Because they are unemployed

Students aren't looking for a job, why would they count?
What about 2-year-olds? 85 year olds?

 

[Rawley]

Students aren't looking for a job, why would they count?
What about 2-year-olds? 85 year olds?

They weren't looking for jobs.

 

[Toddsterpatriot]

They weren't looking for jobs.

Which is why they aren't counted.

 

[Rawley]

Which is why they aren't counted.

Which begs the OP's question. If they were looking for jobs, gave up and are still unemployed, why are they not counted.

 

[Toddsterpatriot]

Which begs the OP's question. If they were looking for jobs, gave up and are still unemployed, why are they not counted.

If they gave up, they aren't counted.
If they're retired, they aren't counted.
If they're students, they aren't counted.

The OP is an idiot.

 

[Hellokitty]

If they gave up, they aren't counted.
If they're retired, they aren't counted.
If they're students, they aren't counted.

The OP is an idiot.

If they need government assistance and are out of work they should be counted as unemployed.

 

[Marener]

Which begs the OP's question. If they were looking for jobs, gave up and are still unemployed, why are they not counted.

Because:

They weren't looking for jobs.

 

[Dekster]

Why does the government lie about the unemployment rate?

The problem is the government only counts people looking for work so if you are homeless or out work for 6 months or year you are not counted has unemployment rate.

What is the real unemployment rate estimate than?

It depends on which rate you look at, but the best rate is always gonna be the one that makes the headlines.

 

[Parker99]

So what happens when the unemployment rate is 5% and people say what good country and economy it is but the homeless rate is 15%.

And homeless rate is just estimate.

 

[Parker99]

It depends on which rate you look at, but the best rate is always gonna be the one that makes the headlines.

I because you can not get it to be 100% employment so you will always have 5% unemployment counting kids, old people and homeless if every thing is counted. It is when it is at 10% unemployment that governments and economists start to worry.

The US unemployment stays around normally 5% so if you count the kids, old people, people not looking for work and homeless it probably around 15% unemployment.

There was time in US history that had almost full employment.

 

[Dekster]

I because you can not get it to be 100% employment so you will always have 5% unemployment counting kids, old people and homeless if every thing is counted. It is when it is at 10% unemployment that governments and economists start to worry.

The US unemployment stays around normally 5% so if you count the kids, old people, people not looking for work and homeless it probably around 15% unemployment.

There was time in US history that had almost full employment.

The worker participation rated peaked in 2000 or 2001 and was still less than 70%. We have a lot of old people now. I have seen some reports that polling the chronic unemployed reveals that they are often physically unable to work or taking care of a child or relatives.

 

[Greenbeard]

If they need government assistance and are out of work they should be counted as unemployed.

Suddenly counting tens of millions of old people as unemployed is going to give a very distorted view of the labor market.

 

[Toddsterpatriot]

I because you can not get it to be 100% employment so you will always have 5% unemployment counting kids, old people and homeless if every thing is counted. It is when it is at 10% unemployment that governments and economists start to worry.

The US unemployment stays around normally 5% so if you count the kids, old people, people not looking for work and homeless it probably around 15% unemployment.

There was time in US history that had almost full employment.

The US unemployment stays around normally 5% so if you count the kids, old people, people not looking for work and homeless it probably around 15% unemployment.

More like 50%. So what?

There was time in US history that had almost full employment.

Yes, back when every family member had to work the fields or starve. Again, so what?