Detroit’s Unemployment Rate Is Nearly 50%

[8bitnintendo]

No, I don’t feel the need to support the employment of people who are tanking their employers with overly large guaranteed benefit programs (i.e. pensions.) If unions would take 401k plans like the rest of us, maybe they wouldn’t be bankrupting American companies.

Toyota and Honda have manufacturing plants here (mostly in the South), and are actually doing pretty well at it.

[investor]

I have tried to get my family in michigan to move out for the past 25 years. If someone cannot see the writing on the wall, …..

[investor]

I have tried to get my family in michigan to move out for the past 25 years. If someone cannot see the writing on the wall, …..

[investor]

I have tried to get my family in michigan to move out for the past 25 years. If someone cannot see the writing on the wall, …..

[investor]

I have tried to get my family in michigan to move out for the past 25 years. If someone cannot see the writing on the wall, …..

[investor]

I have tried to get my family in michigan to move out for the past 25 years. If someone cannot see the writing on the wall, …..

[Diego Mamani]

[quote=Arraya]Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether.[/quote]

These two groups are rightfully omitted. Part-time workers who want to work full-time are not unemployed. The argument could be made that they are under employed, but certainly not unemployed.

Finally, people who do not work and are not looking for work are, by definition, not part of the labor force. The unemployment rate would be meaningless if those in the numerator (number of unmeployed persons) are not also counted in the denominator (the labor force).

[Diego Mamani]

[quote=Arraya]Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether.[/quote]

These two groups are rightfully omitted. Part-time workers who want to work full-time are not unemployed. The argument could be made that they are under employed, but certainly not unemployed.

Finally, people who do not work and are not looking for work are, by definition, not part of the labor force. The unemployment rate would be meaningless if those in the numerator (number of unmeployed persons) are not also counted in the denominator (the labor force).

[Diego Mamani]

[quote=Arraya]Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether.[/quote]

These two groups are rightfully omitted. Part-time workers who want to work full-time are not unemployed. The argument could be made that they are under employed, but certainly not unemployed.

Finally, people who do not work and are not looking for work are, by definition, not part of the labor force. The unemployment rate would be meaningless if those in the numerator (number of unmeployed persons) are not also counted in the denominator (the labor force).

[Diego Mamani]

[quote=Arraya]Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether.[/quote]

These two groups are rightfully omitted. Part-time workers who want to work full-time are not unemployed. The argument could be made that they are under employed, but certainly not unemployed.

Finally, people who do not work and are not looking for work are, by definition, not part of the labor force. The unemployment rate would be meaningless if those in the numerator (number of unmeployed persons) are not also counted in the denominator (the labor force).

[Diego Mamani]

[quote=Arraya]Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether.[/quote]

These two groups are rightfully omitted. Part-time workers who want to work full-time are not unemployed. The argument could be made that they are under employed, but certainly not unemployed.

Finally, people who do not work and are not looking for work are, by definition, not part of the labor force. The unemployment rate would be meaningless if those in the numerator (number of unmeployed persons) are not also counted in the denominator (the labor force).

[Casca]

I know a bit about Detroit. Been into the city a few times on business. It is the a$$hole of North America. My guess is that these numbers reflect the city, and not the surrounding metro area.

I used to drive down Grand Ave, and marvel at the once proud mansions with sheets covering the windows.

This is what you get when socialism is liberally applied. The smart people vote with their feet, Atlas Shruggs if you will, and the parasites have the world fall on them. Imagine what the place would be like if the feds quit sending them money.

Detroit is the posterchild for what the Dems/left want to do to America. God bless Coleman Young, Nancy Pelosi, and all of the collective idiots who ever voted for them.

[Casca]

I know a bit about Detroit. Been into the city a few times on business. It is the a$$hole of North America. My guess is that these numbers reflect the city, and not the surrounding metro area.

I used to drive down Grand Ave, and marvel at the once proud mansions with sheets covering the windows.

This is what you get when socialism is liberally applied. The smart people vote with their feet, Atlas Shruggs if you will, and the parasites have the world fall on them. Imagine what the place would be like if the feds quit sending them money.

Detroit is the posterchild for what the Dems/left want to do to America. God bless Coleman Young, Nancy Pelosi, and all of the collective idiots who ever voted for them.

[Casca]

I know a bit about Detroit. Been into the city a few times on business. It is the a$$hole of North America. My guess is that these numbers reflect the city, and not the surrounding metro area.

I used to drive down Grand Ave, and marvel at the once proud mansions with sheets covering the windows.

This is what you get when socialism is liberally applied. The smart people vote with their feet, Atlas Shruggs if you will, and the parasites have the world fall on them. Imagine what the place would be like if the feds quit sending them money.

Detroit is the posterchild for what the Dems/left want to do to America. God bless Coleman Young, Nancy Pelosi, and all of the collective idiots who ever voted for them.

[Casca]

I know a bit about Detroit. Been into the city a few times on business. It is the a$$hole of North America. My guess is that these numbers reflect the city, and not the surrounding metro area.

I used to drive down Grand Ave, and marvel at the once proud mansions with sheets covering the windows.

This is what you get when socialism is liberally applied. The smart people vote with their feet, Atlas Shruggs if you will, and the parasites have the world fall on them. Imagine what the place would be like if the feds quit sending them money.

Detroit is the posterchild for what the Dems/left want to do to America. God bless Coleman Young, Nancy Pelosi, and all of the collective idiots who ever voted for them.

[Author]

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