Home › Forums › Financial Markets/Economics › What are the real unemployment numbers?
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January 10, 2009 at 8:01 AM #327196January 10, 2009 at 8:11 AM #326688AnonymousGuest
I think the numbers are incredible. I can also point out another flaw in the system. I am a single mother of two. I have been declared disabled by doctors. However the government still counts me as employable because I am not eligible for disability (the doctors cannot come up with a firm diagnoses). Because of my disability I am unable to work or unable to work very much. I also do not qualify for unemployment benefits, because I can’t work very much, I did not make enough at my last 3 jobs to qualify.
My disability forces me to collect food stamps to feed my children. And because of the welfare reform act and the rules of employment I am unable to collect TANF to pay my bills, and buy my children clothes. In case any of you are wondering the welfare reform acts rules of participation are that if you collect TANF you must participate in work related activities or volunteer 30 hrs. a week, the amount of TANF you receive is based on your family size for my two children and myself the TANF benefits payout would be $364.00 a month (food stamps for the same household size is $464.00 a month). And I would be required to participate in work, finding work and/or volunteer hours for 30 hrs. a week to receive that. Which wouldn’t be enough to pay any bills anyway. You REALLY want to call that a HAND OUT. Most of the time my children don’t get fresh vegetables or fruit. And I have to struggle with a budget every month to try to make such a small amount to last and feed us all for an entire month. Can you do that? Also I heard that the government hasn’t reevaluated family living expenses for the welfare program since the 50’s. They did it for food stamps, but only increased them $10.00 in 2006 for a household of three. There are quite a lot of people in this country going through the same thing I am. They are probably not helping your equations any…January 10, 2009 at 8:11 AM #327026AnonymousGuestI think the numbers are incredible. I can also point out another flaw in the system. I am a single mother of two. I have been declared disabled by doctors. However the government still counts me as employable because I am not eligible for disability (the doctors cannot come up with a firm diagnoses). Because of my disability I am unable to work or unable to work very much. I also do not qualify for unemployment benefits, because I can’t work very much, I did not make enough at my last 3 jobs to qualify.
My disability forces me to collect food stamps to feed my children. And because of the welfare reform act and the rules of employment I am unable to collect TANF to pay my bills, and buy my children clothes. In case any of you are wondering the welfare reform acts rules of participation are that if you collect TANF you must participate in work related activities or volunteer 30 hrs. a week, the amount of TANF you receive is based on your family size for my two children and myself the TANF benefits payout would be $364.00 a month (food stamps for the same household size is $464.00 a month). And I would be required to participate in work, finding work and/or volunteer hours for 30 hrs. a week to receive that. Which wouldn’t be enough to pay any bills anyway. You REALLY want to call that a HAND OUT. Most of the time my children don’t get fresh vegetables or fruit. And I have to struggle with a budget every month to try to make such a small amount to last and feed us all for an entire month. Can you do that? Also I heard that the government hasn’t reevaluated family living expenses for the welfare program since the 50’s. They did it for food stamps, but only increased them $10.00 in 2006 for a household of three. There are quite a lot of people in this country going through the same thing I am. They are probably not helping your equations any…January 10, 2009 at 8:11 AM #327097AnonymousGuestI think the numbers are incredible. I can also point out another flaw in the system. I am a single mother of two. I have been declared disabled by doctors. However the government still counts me as employable because I am not eligible for disability (the doctors cannot come up with a firm diagnoses). Because of my disability I am unable to work or unable to work very much. I also do not qualify for unemployment benefits, because I can’t work very much, I did not make enough at my last 3 jobs to qualify.
My disability forces me to collect food stamps to feed my children. And because of the welfare reform act and the rules of employment I am unable to collect TANF to pay my bills, and buy my children clothes. In case any of you are wondering the welfare reform acts rules of participation are that if you collect TANF you must participate in work related activities or volunteer 30 hrs. a week, the amount of TANF you receive is based on your family size for my two children and myself the TANF benefits payout would be $364.00 a month (food stamps for the same household size is $464.00 a month). And I would be required to participate in work, finding work and/or volunteer hours for 30 hrs. a week to receive that. Which wouldn’t be enough to pay any bills anyway. You REALLY want to call that a HAND OUT. Most of the time my children don’t get fresh vegetables or fruit. And I have to struggle with a budget every month to try to make such a small amount to last and feed us all for an entire month. Can you do that? Also I heard that the government hasn’t reevaluated family living expenses for the welfare program since the 50’s. They did it for food stamps, but only increased them $10.00 in 2006 for a household of three. There are quite a lot of people in this country going through the same thing I am. They are probably not helping your equations any…January 10, 2009 at 8:11 AM #327117AnonymousGuestI think the numbers are incredible. I can also point out another flaw in the system. I am a single mother of two. I have been declared disabled by doctors. However the government still counts me as employable because I am not eligible for disability (the doctors cannot come up with a firm diagnoses). Because of my disability I am unable to work or unable to work very much. I also do not qualify for unemployment benefits, because I can’t work very much, I did not make enough at my last 3 jobs to qualify.
My disability forces me to collect food stamps to feed my children. And because of the welfare reform act and the rules of employment I am unable to collect TANF to pay my bills, and buy my children clothes. In case any of you are wondering the welfare reform acts rules of participation are that if you collect TANF you must participate in work related activities or volunteer 30 hrs. a week, the amount of TANF you receive is based on your family size for my two children and myself the TANF benefits payout would be $364.00 a month (food stamps for the same household size is $464.00 a month). And I would be required to participate in work, finding work and/or volunteer hours for 30 hrs. a week to receive that. Which wouldn’t be enough to pay any bills anyway. You REALLY want to call that a HAND OUT. Most of the time my children don’t get fresh vegetables or fruit. And I have to struggle with a budget every month to try to make such a small amount to last and feed us all for an entire month. Can you do that? Also I heard that the government hasn’t reevaluated family living expenses for the welfare program since the 50’s. They did it for food stamps, but only increased them $10.00 in 2006 for a household of three. There are quite a lot of people in this country going through the same thing I am. They are probably not helping your equations any…January 10, 2009 at 8:11 AM #327200AnonymousGuestI think the numbers are incredible. I can also point out another flaw in the system. I am a single mother of two. I have been declared disabled by doctors. However the government still counts me as employable because I am not eligible for disability (the doctors cannot come up with a firm diagnoses). Because of my disability I am unable to work or unable to work very much. I also do not qualify for unemployment benefits, because I can’t work very much, I did not make enough at my last 3 jobs to qualify.
My disability forces me to collect food stamps to feed my children. And because of the welfare reform act and the rules of employment I am unable to collect TANF to pay my bills, and buy my children clothes. In case any of you are wondering the welfare reform acts rules of participation are that if you collect TANF you must participate in work related activities or volunteer 30 hrs. a week, the amount of TANF you receive is based on your family size for my two children and myself the TANF benefits payout would be $364.00 a month (food stamps for the same household size is $464.00 a month). And I would be required to participate in work, finding work and/or volunteer hours for 30 hrs. a week to receive that. Which wouldn’t be enough to pay any bills anyway. You REALLY want to call that a HAND OUT. Most of the time my children don’t get fresh vegetables or fruit. And I have to struggle with a budget every month to try to make such a small amount to last and feed us all for an entire month. Can you do that? Also I heard that the government hasn’t reevaluated family living expenses for the welfare program since the 50’s. They did it for food stamps, but only increased them $10.00 in 2006 for a household of three. There are quite a lot of people in this country going through the same thing I am. They are probably not helping your equations any…January 10, 2009 at 9:38 AM #326721bubba99ParticipantIf you look at the posted chart (second post) from Shadowstats.com you will see three measures of un-employment. The headline number U(1), the number including discouraged workers U(6), and the most likely real number – calculated in the same manner it was before the Clinton era downward changes.
The plight of a discouraged worker can be viewed in a number of ways – just too lazy to look, or having sent out thousands of resumes for many months, just sees the futility in continuing to look.
Any way you cut it, I cannot believe that the labor force is shrinking faster than jobs are being lost.
January 10, 2009 at 9:38 AM #327060bubba99ParticipantIf you look at the posted chart (second post) from Shadowstats.com you will see three measures of un-employment. The headline number U(1), the number including discouraged workers U(6), and the most likely real number – calculated in the same manner it was before the Clinton era downward changes.
The plight of a discouraged worker can be viewed in a number of ways – just too lazy to look, or having sent out thousands of resumes for many months, just sees the futility in continuing to look.
Any way you cut it, I cannot believe that the labor force is shrinking faster than jobs are being lost.
January 10, 2009 at 9:38 AM #327132bubba99ParticipantIf you look at the posted chart (second post) from Shadowstats.com you will see three measures of un-employment. The headline number U(1), the number including discouraged workers U(6), and the most likely real number – calculated in the same manner it was before the Clinton era downward changes.
The plight of a discouraged worker can be viewed in a number of ways – just too lazy to look, or having sent out thousands of resumes for many months, just sees the futility in continuing to look.
Any way you cut it, I cannot believe that the labor force is shrinking faster than jobs are being lost.
January 10, 2009 at 9:38 AM #327150bubba99ParticipantIf you look at the posted chart (second post) from Shadowstats.com you will see three measures of un-employment. The headline number U(1), the number including discouraged workers U(6), and the most likely real number – calculated in the same manner it was before the Clinton era downward changes.
The plight of a discouraged worker can be viewed in a number of ways – just too lazy to look, or having sent out thousands of resumes for many months, just sees the futility in continuing to look.
Any way you cut it, I cannot believe that the labor force is shrinking faster than jobs are being lost.
January 10, 2009 at 9:38 AM #327234bubba99ParticipantIf you look at the posted chart (second post) from Shadowstats.com you will see three measures of un-employment. The headline number U(1), the number including discouraged workers U(6), and the most likely real number – calculated in the same manner it was before the Clinton era downward changes.
The plight of a discouraged worker can be viewed in a number of ways – just too lazy to look, or having sent out thousands of resumes for many months, just sees the futility in continuing to look.
Any way you cut it, I cannot believe that the labor force is shrinking faster than jobs are being lost.
July 2, 2009 at 8:51 PM #424420socratttParticipantNot that anyone is counting but I just remembered this article that I read in January 2009 about how 2008 was the worst year since 1946 in regards to job losses:
http://money.cnn.com/2009/01/09/news/economy/jobs_december/index.htm
And then I kind of got to thinking, what are the numbers like this year. Well ladies and gentleman, we have already surpassed those numbers of 2008 at the end of March and now we have lost 50% more jobs by June 2009 than the total of 2008 if you can believe that. And we may be close to doubling the numbers we saw in 2008. That means that in 2009 we could lose over 5 million jobs, maybe more. Kind of a scary thought, but at least people still think that the real estate market is turning around!!
http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
July 2, 2009 at 8:51 PM #424653socratttParticipantNot that anyone is counting but I just remembered this article that I read in January 2009 about how 2008 was the worst year since 1946 in regards to job losses:
http://money.cnn.com/2009/01/09/news/economy/jobs_december/index.htm
And then I kind of got to thinking, what are the numbers like this year. Well ladies and gentleman, we have already surpassed those numbers of 2008 at the end of March and now we have lost 50% more jobs by June 2009 than the total of 2008 if you can believe that. And we may be close to doubling the numbers we saw in 2008. That means that in 2009 we could lose over 5 million jobs, maybe more. Kind of a scary thought, but at least people still think that the real estate market is turning around!!
http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
July 2, 2009 at 8:51 PM #424934socratttParticipantNot that anyone is counting but I just remembered this article that I read in January 2009 about how 2008 was the worst year since 1946 in regards to job losses:
http://money.cnn.com/2009/01/09/news/economy/jobs_december/index.htm
And then I kind of got to thinking, what are the numbers like this year. Well ladies and gentleman, we have already surpassed those numbers of 2008 at the end of March and now we have lost 50% more jobs by June 2009 than the total of 2008 if you can believe that. And we may be close to doubling the numbers we saw in 2008. That means that in 2009 we could lose over 5 million jobs, maybe more. Kind of a scary thought, but at least people still think that the real estate market is turning around!!
http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
July 2, 2009 at 8:51 PM #425004socratttParticipantNot that anyone is counting but I just remembered this article that I read in January 2009 about how 2008 was the worst year since 1946 in regards to job losses:
http://money.cnn.com/2009/01/09/news/economy/jobs_december/index.htm
And then I kind of got to thinking, what are the numbers like this year. Well ladies and gentleman, we have already surpassed those numbers of 2008 at the end of March and now we have lost 50% more jobs by June 2009 than the total of 2008 if you can believe that. And we may be close to doubling the numbers we saw in 2008. That means that in 2009 we could lose over 5 million jobs, maybe more. Kind of a scary thought, but at least people still think that the real estate market is turning around!!
http://money.cnn.com/2009/04/03/news/economy/jobs_march/index.htm
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