The Perverse Lie That is the "Unemployment Rate" Under Obama

longknife

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The Obamabots can crow all they wish but here's a commentary on the TRUTH about the unemployment reporting. This excerpt shows what's real:


So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.


Read more with a link @ Doug Ross Journal The Perverse Lie That is the Unemployment Rate Under Obama
 

pinqy

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So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009?
Why would you include people not trying to work, especially those who don't want to work? That has never been done,

And I note that he makes no distinction between "dropping out" and "leaving." Big difference
 

EdwardBaiamonte

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The Obamabots can crow all they wish but here's a commentary on the TRUTH about the unemployment reporting. This excerpt shows what's real:


So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.


Read more with a link @ Doug Ross Journal The Perverse Lie That is the Unemployment Rate Under Obama
9.6??? U6 is 11% and thats about 40% higher than before recession. Obama is a big problem!
 

pinqy

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The Obamabots can crow all they wish but here's a commentary on the TRUTH about the unemployment reporting. This excerpt shows what's real:


So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.


Read more with a link @ Doug Ross Journal The Perverse Lie That is the Unemployment Rate Under Obama
9.6??? U6 is 11% and thats about 40% higher than before recession. Obama is a big problem!
What date before the recession are you using to get that 40%?
 

EdwardBaiamonte

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The Obamabots can crow all they wish but here's a commentary on the TRUTH about the unemployment reporting. This excerpt shows what's real:


So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.


Read more with a link @ Doug Ross Journal The Perverse Lie That is the Unemployment Rate Under Obama
9.6??? U6 is 11% and thats about 40% higher than before recession. Obama is a big problem!
What date before the recession are you using to get that 40%?
2001
 

pinqy

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The Obamabots can crow all they wish but here's a commentary on the TRUTH about the unemployment reporting. This excerpt shows what's real:


So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has a likely unemployment rate of 9.6 percent, and that’s hardly good news.


Read more with a link @ Doug Ross Journal The Perverse Lie That is the Unemployment Rate Under Obama
9.6??? U6 is 11% and thats about 40% higher than before recession. Obama is a big problem!
What date before the recession are you using to get that 40%?
2001
Why?
 

Jomama

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Your point is well noted and established.

Consistency in measurements matter more than the measurement. Our current measure is flawed but unemployment under Reagan was measured the same way.
 

pinqy

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Your point is well noted and established.

Consistency in measurements matter more than the measurement. Our current measure is flawed but unemployment under Reagan was measured the same way.
What do you think is flawed? Obviously no measure is perfect.
 

ClosedCaption

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So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009?
Translation: In what way can we increase the unemployment numbers? Oh lets throw in factors that no one has ever counted ever and use that as proof. What proof you ask? Proof that someone can come up with hypothetical situations of course!
 

ClosedCaption

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What does a bird look like if you add scales and fire breathing? A Dragon
 

DGS49

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There has been a fundamental change in the job market in the past 8 years, and the methods of measuring unemployment that were mainly valid historically do not portray an accurate picture now.

In 2005 [just to pick a pre-recession year at random] the number of people who were "under-employed" (working jobs paying much less than their education and experience would normally warrant), and the number of people desiring full time work who were making do with one or more part time jobs were both quite low. People dropping out of the job market because they simply gave up looking for work were rare.

But these categories have now exploded, and are a major reason for the dreaded "income inequality" that Our Beloved President keeps whining about. People and households who used to have "middle class" incomes now are figuratively hunting around in the garbage heap for jobs. People in formerly "two income" households have learned how to live on one, and one spouse gives up looking. People who intended to work beyond age 62 have given up and gone on SS or taken an early pension.

And none of these people is counted as "unemployed."

The labor participation rate hints at the magnitude of the problem, but it still counts the underemployed and part-timers as participating.

And the Administration is not looking to develop indicia that can quantify the problem more accurately because those measures would simply make Barry look worse than he already does.
 

EdwardBaiamonte

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And none of these people is counted as "unemployed."

.
I think they are mostly picked up in the U6 meausre of unemployment which is now at 11%, about 40% higher than before the recession.
 
OP
longknife

longknife

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I think the unemployment numbers will never be accurate as long as they're based upon reports from government agencies!

How many people living in the USA NEVER go to government agencies for anything? How many are unemployed who have never filed for benefits? How many are working at home "under the radar" and don't want any government to know what they're doing?

Everything you read on the subject depends upon guesses FROM FAULTY DATA!!!
 

DGS49

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Longnieff, you silly goose...

The unemployment numbers are not based on whether you have applied for UEC or anything else. They are based on random samplings of the population, basically asking whether your are (1) employed, (2) not employed but looking actively for work, or (3) otherwise. (1) plus (2) is the total universe of the job market. If you have never worked a day in your life, but wake up one morning and decide to look for a job, you are a (2). The day you give up and quit looking, you are a (3).

And when you divide (2) by ((1) + (2)), you get the unemployment rate.

Whether you ever go to any government agencies for help is not a factor.
 

EdwardBaiamonte

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I think the unemployment numbers will never be accurate as long as they're based upon reports from government agencies!

How many people living in the USA NEVER go to government agencies for anything? How many are unemployed who have never filed for benefits? How many are working at home "under the radar" and don't want any government to know what they're doing?

Everything you read on the subject depends upon guesses FROM FAULTY DATA!!!
much of it is done with survey research but those who apply for govt benefits are reported too. When all the numbers move together you know the trend is accurate.
 

pinqy

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I think the unemployment numbers will never be accurate as long as they're based upon reports from government agencies!

How many people living in the USA NEVER go to government agencies for anything? How many are unemployed who have never filed for benefits? How many are working at home "under the radar" and don't want any government to know what they're doing?

Everything you read on the subject depends upon guesses FROM FAULTY DATA!!!
much of it is done with survey research but those who apply for govt benefits are reported too. When all the numbers move together you know the trend is accurate.
the national unemployment and other labor force numbers are solely from survey data. The state and lower level use UI claims and other state and lower data sources
 
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EdwardBaiamonte

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The state and lower level use UI claims and other state and lower data sources
actually they use the Federal survey and statistical methods primarily, although they do use UI and other sources too. Sorry.
 

pinqy

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The state and lower level use UI claims and other state and lower data sources
actually they use the Federal survey and statistical methods primarily, although they do use UI and other sources too. Sorry.
Not for the National level data, only local area. The only input for the Labor Force data (the A tables of the Employment Situation) is the Current Population Survey. I have no idea where you're getting the idea anything else is used. Here's the Handbook of Methods BLS Handbook of Methods Ch. 1 Labor Force Employment and Unemployment from the Current Population Survey
 

EdwardBaiamonte

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The state and lower level use UI claims and other state and lower data sources
actually they use the Federal survey and statistical methods primarily, although they do use UI and other sources too. Sorry.
Not for the National level data, only local area. The only input for the Labor Force data (the A tables of the Employment Situation) is the Current Population Survey. I have no idea where you're getting the idea anything else is used. Here's the Handbook of Methods BLS Handbook of Methods Ch. 1 Labor Force Employment and Unemployment from the Current Population Survey
not for the national legel data??? care to use a complete sentence thats make sense???
 

pinqy

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The state and lower level use UI claims and other state and lower data sources
actually they use the Federal survey and statistical methods primarily, although they do use UI and other sources too. Sorry.
Not for the National level data, only local area. The only input for the Labor Force data (the A tables of the Employment Situation) is the Current Population Survey. I have no idea where you're getting the idea anything else is used. Here's the Handbook of Methods BLS Handbook of Methods Ch. 1 Labor Force Employment and Unemployment from the Current Population Survey
not for the national legel data??? care to use a complete sentence thats make sense???
They do not use UI or any other sources except the Current Population Survey for the National level labor force data.

Better?
 

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