As it happens, there is, and it’s right there near the top of the monthly jobless report. Only 59.6 percent of the United States population was employed in January. On the other side of that, a whopping 40.4 percent of the population is not employed.
The Real Jobless Rate Is 42 Percent? Donald Trump Has a Point, Sort Of
Keep in mind that the population number BLS uses is the adult civilian non-institutional population: those are 16 an older not in the military or in prison or other institutions (nursing home, or other long term mental or physical health care). So the actual number employed is a little higher if you add the military but the number not employed is a lot higher adding in children, prisoners, mental patients, and those too old or disabled to look after themselves.
How many people above 18 in the USA in 2016?
why 18??
So was Trump wrong? NOPE! Was 100 million a fake number? NOPE!
Yes he was wrong: "not employed" is different from "unemployed.".
not employed means not working .
unemployed means willing and able to work but cannot find a job.
So the 100 million is mostly people who do not want to work, or cannot work, and so not unemployed, and it doesn't include millions more who cannot work so far short of the total number not employed. However you look at it be was just wrong.
As for the OP, since the unemployment rate counts individuals regardless of number of jobs, the number of people working multiple jobs would never have any effect on the unemployment rate.
You may want to see the correct definitions of "not employed" and "unemployed" from the people that actually do the work of keeping track of the unemployed/not employed.
nd as the
How the Government Measures Unemployment defines..
There are about 60,000 eligible households in the sample for this survey. This translates into approximately 110,000 individuals each month, a large sample compared to public opinion surveys, which usually cover fewer than 2,000 people. The CPS sample is selected so as to be representative of the entire population of the United States. In order to select the sample, all of the counties and independent cities in the country first are grouped into approximately 2,000 geographic areas (sampling units). The Census Bureau then designs and selects a sample of about 800 of these geographic areas to represent each state and the District of Columbia. The sample is a state-based design and reflects urban and rural areas, different types of industrial and farming areas, and the major geographic divisions of each state.
Who is counted as unemployed?
People 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:
To summarize, the employed are:
- All those who did any work for pay or profit during the survey reference week.
- All those who did at least 15 hours of unpaid work in a business or farm operated by a family member with whom they live.
- All those who were temporarily absent from their regular jobs because of illness, vacation, bad weather, labor dispute, or various personal reasons, whether or not they were paid for the time off.
The unemployed are:
- All those who did not have a job at all during the survey reference week, made at least one specific active effort to find a job during the prior 4 weeks, and were available for work (unless temporarily ill).
- All those who were not working and were waiting to be called back to a job from which they had been laid off. (They need not be looking for work to be classified as unemployed.)
Trump was referencing the "unemployed" that tried to find work but couldn't.
In May 2016, there were 151 million employed people among the 253 million that made up the civilian noninstitutional population.
Employment–population ratio, 59.7 percent; unemployment rate, 4.7 percent in May : The Economics Daily: U.S. Bureau of Labor Statistics
FACT...
There are more jobs than people out of work, something the American economy has never experienced before
- There are 6.7 million job openings and just 6.4 million available workers to fill them, according to the Bureau of Labor Statistics.
- April marked the second month in a row that there were more vacancies than available hires, a phenomenon that had not happened before 2018.
- Despite the mismatch, sizeable wage gains remain elusive, with average hourly earnings up just 2.7 percent over the past year.
There are more jobs than people out of work, something the American economy has never experienced before
That's what Trump was talking about.
People being able to work because there were jobs.
And this was what Trump was talking about.
Seventy may be the new 60, and 80 may be the new 70, but 85 is still pretty old to work in America. Yet in some ways, it is the era of the very old worker in America.
Overall, 255,000 Americans 85 years old or older were working over the past 12 months. That's 4.4 percent of Americans that age, up from 2.6 percent in 2006, before the recession. It’s the highest number on record.
Analysis | A record number of folks age 85 and older are working. Here’s what they’re doing.
So whatever the nomenclature Trump used, it seems to be working as there are NOW more people than jobs...something that has never happened before.
