GOOD NEWS! Unemployment at 4%

[pinqy]

Hate to burst your bubble, rdean, but 4 out of 5 recent college grads are unemployed and not counted in the unemployment total, because they are not considered in the labor force until they have a full-time job.

That's untrue. You are in the labor force if you're looking for work (and are available to work), regardless of whether or not you've ever held a job, full time or part time.

ParaPundit: College Grad Unemployment Numbers Understated

See, when you post a link to support your point, it helps if it actually supports your point. That does not. It does not say in there that you are not considered in the labor force until you have a full time job. Here are the definitions:
Labor Force = Employed + Unemployed
Employed =

People are classified as employed if they did any work at all as paid employees during the reference week; worked in their own business, profession, or on their own farm; or worked without pay at least 15 hours in a family business or farm. People are also counted as employed if they were temporarily absent from their jobs because of illness, bad weather, vacation, labor-management disputes, or personal reasons.

Unemployed =

People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Note that neither of those say anything about needing a full time job. And note that there's nothing in the Unemployment definition that requires ever having held any job. In fact, 7.9% of Unemployed never held a job before (22.9% are re-entering the Labor Force after a break).

Source for definitions is Employment Situation Technical Note

 

[Samson]

Could someone 'splain why the slope (% change/time) on the % unemployment graph = 0 (is "flat") for all demographics since about 2009, but the % change graph still shows > 0 through 2008 until present?

Wierd.

That bugged me too.

I think that is an artifact of the reality fewer people are considered looking as they have fallen off the unemployment rolls due to expiration of benefits. Or abandoning their search.

I'm amazed to find anyone who knows what I'm talking about.

Because the percent change graph is percent change from the previous year, not the previous month.

OK that makes sense. Thanks

PS Welcome to USMB

 

[rdean]

Planned Parenthood lobbied against teaching abstinence as an option.

Planned Parenthood has always taught that "abstinence" is the only 100% way of not getting pregnant and not getting an STD. But it also fully informs.

The right is funny. They want everyone to live by standards they can't keep themselves. Their ideology is more important than the health of their children. Keeping children dumb doesn't keep them "safe". It makes them "victims".

 

[rdean]

AHA. That means the repugs voting base is out of work.
Remember the other day I said they agreed to extend unemployment only to get votes ?

Sorry ass clown....republucans are paying your welfare check right now...best if you just STFU until you have a fact to post.

Republicans are paying welfare checks? You've got to be kidding.

Universities and high end jobs are normally concentrated around Blue states and this is the reason that, historically, Blue states have received LESS than a dollar for every dollar they paid in state taxes and Red states, tending to be much more rural, have received MORE than a dollar for every dollar paid in taxes.

HOWEVER, during the last 10 years or so, there has been an exodus from many Blue state areas into Red states. This has caused a greater difficulty for Blue states, many of which pay too many benefits to government workers. You can't get paid 20 dollars an hour to drive a bus and get complete health, dental and retirement. It's obviously unsustainable.

That being said, Red states are in for a rude awakening if they believe that college educated young people are going to move to Red states and become Republican lemmings. They will NOT believe in magical creation. They will LAUGH at "death panels". And probably most of all, there will be tension from those on the right who say things like, "He is a "Marxist, Communist, Socialist, Fascist" and the words are "interchangeable" and those on the left who will laugh in their faces.

As long as the Republican party remains 90% white and they let the crazies run the party, they will continue to be marginalized. That's just a fact.

I have to admit, I love it when Tea Baggers say, "We want to return to the principles of Austrian Economics".

 

[CrusaderFrank]

AHA. That means the repugs voting base is out of work.
Remember the other day I said they agreed to extend unemployment only to get votes ?

Sorry ass clown....republucans are paying your welfare check right now...best if you just STFU until you have a fact to post.

Republicans are paying welfare checks? You've got to be kidding.

Universities and high end jobs are normally concentrated around Blue states and this is the reason that, historically, Blue states have received LESS than a dollar for every dollar they paid in state taxes and Red states, tending to be much more rural, have received MORE than a dollar for every dollar paid in taxes.

HOWEVER, during the last 10 years or so, there has been an exodus from many Blue state areas into Red states. This has caused a greater difficulty for Blue states, many of which pay too many benefits to government workers. You can't get paid 20 dollars an hour to drive a bus and get complete health, dental and retirement. It's obviously unsustainable.

That being said, Red states are in for a rude awakening if they believe that college educated young people are going to move to Red states and become Republican lemmings. They will NOT believe in magical creation. They will LAUGH at "death panels". And probably most of all, there will be tension from those on the right who say things like, "He is a "Marxist, Communist, Socialist, Fascist" and the words are "interchangeable" and those on the left who will laugh in their faces.

As long as the Republican party remains 90% white and they let the crazies run the party, they will continue to be marginalized. That's just a fact.

I have to admit, I love it when Tea Baggers say, "We want to return to the principles of Austrian Economics".

Democrats run Philly, NY, MI, IL and CA, right?

 

[rdean]

Sorry ass clown....republucans are paying your welfare check right now...best if you just STFU until you have a fact to post.

Republicans are paying welfare checks? You've got to be kidding.

Universities and high end jobs are normally concentrated around Blue states and this is the reason that, historically, Blue states have received LESS than a dollar for every dollar they paid in state taxes and Red states, tending to be much more rural, have received MORE than a dollar for every dollar paid in taxes.

HOWEVER, during the last 10 years or so, there has been an exodus from many Blue state areas into Red states. This has caused a greater difficulty for Blue states, many of which pay too many benefits to government workers. You can't get paid 20 dollars an hour to drive a bus and get complete health, dental and retirement. It's obviously unsustainable.

That being said, Red states are in for a rude awakening if they believe that college educated young people are going to move to Red states and become Republican lemmings. They will NOT believe in magical creation. They will LAUGH at "death panels". And probably most of all, there will be tension from those on the right who say things like, "He is a "Marxist, Communist, Socialist, Fascist" and the words are "interchangeable" and those on the left who will laugh in their faces.

As long as the Republican party remains 90% white and they let the crazies run the party, they will continue to be marginalized. That's just a fact.

I have to admit, I love it when Tea Baggers say, "We want to return to the principles of Austrian Economics".

Democrats run Philly, NY, MI, IL and CA, right?

Yes and no. The governor of CA has been Republican for years. I lived there when Reagan was governor. IL is concentrated Democrat around Chicago, but most of the rest of the state is heavily Republican. I guess you have a point, but it's cryptic. If you respond, please say something "thoughtful" and not "simplistic rant". That gets to tiring.

 

[william the wie]

Is "the blues states are blowing up their own accounts and therefore discrediting the left" a rant or simply reality observed?

 

[PatekPhilippe]

Hate to burst your bubble, rdean, but 4 out of 5 recent college grads are unemployed and not counted in the unemployment total, because they are not considered in the labor force until they have a full-time job.

That's untrue. You are in the labor force if you're looking for work (and are available to work), regardless of whether or not you've ever held a job, full time or part time.

..if that were true the unemploymant rate would be 25%....

 

[PatekPhilippe]

Sorry ass clown....republucans are paying your welfare check right now...best if you just STFU until you have a fact to post.

Republicans are paying welfare checks? You've got to be kidding.

Universities and high end jobs are normally concentrated around Blue states and this is the reason that, historically, Blue states have received LESS than a dollar for every dollar they paid in state taxes and Red states, tending to be much more rural, have received MORE than a dollar for every dollar paid in taxes.

HOWEVER, during the last 10 years or so, there has been an exodus from many Blue state areas into Red states. This has caused a greater difficulty for Blue states, many of which pay too many benefits to government workers. You can't get paid 20 dollars an hour to drive a bus and get complete health, dental and retirement. It's obviously unsustainable.

That being said, Red states are in for a rude awakening if they believe that college educated young people are going to move to Red states and become Republican lemmings. They will NOT believe in magical creation. They will LAUGH at "death panels". And probably most of all, there will be tension from those on the right who say things like, "He is a "Marxist, Communist, Socialist, Fascist" and the words are "interchangeable" and those on the left who will laugh in their faces.

As long as the Republican party remains 90% white and they let the crazies run the party, they will continue to be marginalized. That's just a fact.

I have to admit, I love it when Tea Baggers say, "We want to return to the principles of Austrian Economics".

Democrats run Philly, NY, MI, IL and CA, right?

Only a complete idiot thinks Arnold runs California!!!!! Oh wait...it's rdean...never mind.

 

[PatekPhilippe]

Planned Parenthood lobbied against teaching abstinence as an option.

Planned Parenthood has always taught that "abstinence" is the only 100% way of not getting pregnant and not getting an STD. But it also fully informs.

The right is funny. They want everyone to live by standards they can't keep themselves. Their ideology is more important than the health of their children. Keeping children dumb doesn't keep them "safe". It makes them "victims".

and letting them have sex and children at 14 does what exactly?

 

[pinqy]

Hate to burst your bubble, rdean, but 4 out of 5 recent college grads are unemployed and not counted in the unemployment total, because they are not considered in the labor force until they have a full-time job.

That's untrue. You are in the labor force if you're looking for work (and are available to work), regardless of whether or not you've ever held a job, full time or part time.

..if that were true the unemploymant rate would be 25%....

But it is true. Simple definition and the statistics for entrants to the labor force coming in as unemployed are kept.

 

[Article 15]

GOOD NEWS! Unemployment at 4%

Pfft!

Wake me up with some real news ... like when 7% of scientists are Republicans.

 

[L.K.Eder]

you said good news. Folks with college educations have seen their unemployment rate double! All these poor souls with student loans and babies and the rest of it. Unemployment for them has doubled And you are happy.

What kind of person celebrates the doubling of an unemployment rate?

how disingenuous.

let's say only 1 person with a bachelor degree was unemployed in 2008, and now 100 are.

this would mean a factor of 100!!!!!

omfg!

in other news, the economic growth in bumfuckistan quadrupled last month when they sold a bag of rice to a lost tourist.

 

[sparky]

the real tragedy of the commons seems to be the continual conflict of the haves/have nots

~S~

 

[PatekPhilippe]

you said good news. Folks with college educations have seen their unemployment rate double! All these poor souls with student loans and babies and the rest of it. Unemployment for them has doubled And you are happy.

What kind of person celebrates the doubling of an unemployment rate?

how disingenuous.

let's say only 1 person with a bachelor degree was unemployed in 2008, and now 100 are.

this would mean a factor of 100!!!!!

omfg!

in other news, the economic growth in bumfuckistan quadrupled last month when they sold a bag of rice to a lost tourist.

C'mon now...Bumfuckistan is quite the tourist destination...

 

[rdean]

Planned Parenthood lobbied against teaching abstinence as an option.

Planned Parenthood has always taught that "abstinence" is the only 100% way of not getting pregnant and not getting an STD. But it also fully informs.

The right is funny. They want everyone to live by standards they can't keep themselves. Their ideology is more important than the health of their children. Keeping children dumb doesn't keep them "safe". It makes them "victims".

and letting them have sex and children at 14 does what exactly?

Sex at 14? What could you possibly be talking about?

 

[rdean]

GOOD NEWS! Unemployment at 4%

Pfft!

Wake me up with some real news ... like when 7% of scientists are Republicans.

Do you think that could ever happen?

 

[Baruch Menachem]

you said good news. Folks with college educations have seen their unemployment rate double! All these poor souls with student loans and babies and the rest of it. Unemployment for them has doubled And you are happy.

What kind of person celebrates the doubling of an unemployment rate?

how disingenuous.

let's say only 1 person with a bachelor degree was unemployed in 2008, and now 100 are.

this would mean a factor of 100!!!!!

omfg!

in other news, the economic growth in bumfuckistan quadrupled last month when they sold a bag of rice to a lost tourist.

Lots more than that running around with BAs. The numbers are quite substantial.

He gave us a bogus statistic (folks with BAs are a minority) and claimed that since this minority only had a 4% unemployment rate, things were wonderful.

But this same minority (of several millions) saw a doubling of their unemployment. This is not a good thing

 

[eric1]

I simply don't trust government statistics anymore . . . not since McDonald's hamburger flipping jobs were categorized as manufacturing jobs during the Bush administration.

 

[rdean]

I simply don't trust government statistics anymore . . . not since McDonald's hamburger flipping jobs were categorized as manufacturing jobs during the Bush administration.

During the Reagan Administration, "catsup" was categorized as a "vegetable" for school lunches.

A Chance to Feast on Reagan - TIME

Chief Budget Cutter David Stockman conceded that Administration officials were left "with egg on their face." Both men were referring to proposed new regulations, announced by the Agriculture Department, for school lunch programs that would have classified catsup as a vegetable. The resulting furor forced the Administration into a hasty and embarrassing announcement that the rules were being recalled for redrafting. Even so, they remain in many minds a symbol of what critics see as the Reagan team's callous indifference to the poor.

-------------------------------------

So you see, there is nothing new when it comes to the callous disregard the leadership of the right shows for it's base, except maybe the leadership today is more honest about it.

Feed 'em and they'll "BREED".