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- This topic has 95 replies, 12 voices, and was last updated 15 years, 4 months ago by LAAFTERHOURS.
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June 25, 2009 at 11:06 PM #420738June 27, 2009 at 6:39 PM #421070UCGalParticipant
[quote=eyePod]U-6 is 16%
What does that mean?[/quote]
From the BLS website
U6 is Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.Many, myself included, consider this a more accurate number than the U-3 number that is reported as the “official” unemployment rate. 16% of people are unemployed or working part time when they want to work full time.
June 27, 2009 at 6:39 PM #421300UCGalParticipant[quote=eyePod]U-6 is 16%
What does that mean?[/quote]
From the BLS website
U6 is Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.Many, myself included, consider this a more accurate number than the U-3 number that is reported as the “official” unemployment rate. 16% of people are unemployed or working part time when they want to work full time.
June 27, 2009 at 6:39 PM #421571UCGalParticipant[quote=eyePod]U-6 is 16%
What does that mean?[/quote]
From the BLS website
U6 is Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.Many, myself included, consider this a more accurate number than the U-3 number that is reported as the “official” unemployment rate. 16% of people are unemployed or working part time when they want to work full time.
June 27, 2009 at 6:39 PM #421639UCGalParticipant[quote=eyePod]U-6 is 16%
What does that mean?[/quote]
From the BLS website
U6 is Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.Many, myself included, consider this a more accurate number than the U-3 number that is reported as the “official” unemployment rate. 16% of people are unemployed or working part time when they want to work full time.
June 27, 2009 at 6:39 PM #421800UCGalParticipant[quote=eyePod]U-6 is 16%
What does that mean?[/quote]
From the BLS website
U6 is Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.Many, myself included, consider this a more accurate number than the U-3 number that is reported as the “official” unemployment rate. 16% of people are unemployed or working part time when they want to work full time.
June 29, 2009 at 12:04 AM #422200equalizerParticipant[quote=lifeisgood] It seems to me that because the inventory is low in the used house market at this price point, it makes sense to buy new. [/quote]
Be very careful with that reasoning. There are tremendous expenses with new homes that first timers don’t realize. Landscaping, upgrades, curtains, shutters can be very expensive if you pay retail. On a resale home between 3-8 years old, you can sometimes get all the upgrades for free and usually have lower Mello-Roos, etc. But “good” inventory is bad now, so a toss up.June 29, 2009 at 12:04 AM #422039equalizerParticipant[quote=lifeisgood] It seems to me that because the inventory is low in the used house market at this price point, it makes sense to buy new. [/quote]
Be very careful with that reasoning. There are tremendous expenses with new homes that first timers don’t realize. Landscaping, upgrades, curtains, shutters can be very expensive if you pay retail. On a resale home between 3-8 years old, you can sometimes get all the upgrades for free and usually have lower Mello-Roos, etc. But “good” inventory is bad now, so a toss up.June 29, 2009 at 12:04 AM #421971equalizerParticipant[quote=lifeisgood] It seems to me that because the inventory is low in the used house market at this price point, it makes sense to buy new. [/quote]
Be very careful with that reasoning. There are tremendous expenses with new homes that first timers don’t realize. Landscaping, upgrades, curtains, shutters can be very expensive if you pay retail. On a resale home between 3-8 years old, you can sometimes get all the upgrades for free and usually have lower Mello-Roos, etc. But “good” inventory is bad now, so a toss up.June 29, 2009 at 12:04 AM #421467equalizerParticipant[quote=lifeisgood] It seems to me that because the inventory is low in the used house market at this price point, it makes sense to buy new. [/quote]
Be very careful with that reasoning. There are tremendous expenses with new homes that first timers don’t realize. Landscaping, upgrades, curtains, shutters can be very expensive if you pay retail. On a resale home between 3-8 years old, you can sometimes get all the upgrades for free and usually have lower Mello-Roos, etc. But “good” inventory is bad now, so a toss up.June 29, 2009 at 12:04 AM #421698equalizerParticipant[quote=lifeisgood] It seems to me that because the inventory is low in the used house market at this price point, it makes sense to buy new. [/quote]
Be very careful with that reasoning. There are tremendous expenses with new homes that first timers don’t realize. Landscaping, upgrades, curtains, shutters can be very expensive if you pay retail. On a resale home between 3-8 years old, you can sometimes get all the upgrades for free and usually have lower Mello-Roos, etc. But “good” inventory is bad now, so a toss up.June 29, 2009 at 11:38 AM #422259CoronitaParticipantHow high is mello-ruse (sic)?
June 29, 2009 at 11:38 AM #422191CoronitaParticipantHow high is mello-ruse (sic)?
June 29, 2009 at 11:38 AM #421687CoronitaParticipantHow high is mello-ruse (sic)?
June 29, 2009 at 11:38 AM #422421CoronitaParticipantHow high is mello-ruse (sic)?
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