Home › Forums › Financial Markets/Economics › What are the real unemployment numbers?
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Werewolf.
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December 5, 2008 at 2:43 PM #312471December 5, 2008 at 3:02 PM #312003
Eugene
ParticipantI think it is fair to say that anyone over 18 and under 65 without a disability and able to work would be considered employable
Even if there were jobs available for every one of them, you wouldn’t have 100% employment in 18-65 non-disabled category. Some people retire early, some people take extended breaks between jobs. 2 out of 5 married women with preschool children are out of labor force.
You really need to break down your millions of unemployed and figure out why they are unemployed and what they are doing instead of working.
December 5, 2008 at 3:02 PM #312360Eugene
ParticipantI think it is fair to say that anyone over 18 and under 65 without a disability and able to work would be considered employable
Even if there were jobs available for every one of them, you wouldn’t have 100% employment in 18-65 non-disabled category. Some people retire early, some people take extended breaks between jobs. 2 out of 5 married women with preschool children are out of labor force.
You really need to break down your millions of unemployed and figure out why they are unemployed and what they are doing instead of working.
December 5, 2008 at 3:02 PM #312392Eugene
ParticipantI think it is fair to say that anyone over 18 and under 65 without a disability and able to work would be considered employable
Even if there were jobs available for every one of them, you wouldn’t have 100% employment in 18-65 non-disabled category. Some people retire early, some people take extended breaks between jobs. 2 out of 5 married women with preschool children are out of labor force.
You really need to break down your millions of unemployed and figure out why they are unemployed and what they are doing instead of working.
December 5, 2008 at 3:02 PM #312414Eugene
ParticipantI think it is fair to say that anyone over 18 and under 65 without a disability and able to work would be considered employable
Even if there were jobs available for every one of them, you wouldn’t have 100% employment in 18-65 non-disabled category. Some people retire early, some people take extended breaks between jobs. 2 out of 5 married women with preschool children are out of labor force.
You really need to break down your millions of unemployed and figure out why they are unemployed and what they are doing instead of working.
December 5, 2008 at 3:02 PM #312481Eugene
ParticipantI think it is fair to say that anyone over 18 and under 65 without a disability and able to work would be considered employable
Even if there were jobs available for every one of them, you wouldn’t have 100% employment in 18-65 non-disabled category. Some people retire early, some people take extended breaks between jobs. 2 out of 5 married women with preschool children are out of labor force.
You really need to break down your millions of unemployed and figure out why they are unemployed and what they are doing instead of working.
December 5, 2008 at 3:23 PM #312013peterb
ParticipantSocrattt- Consider it an indicator, like all govt generated stats. And it’s always much lower than reality as both parties want to hide the truth from most people. I think it’s more useful to look at what our markets are doing. Equities are down $30T from the highs this year and most homes are down ~25%. This cannot be good for our future as the US is very much a “FIRE” employed economy now.
If roughly 35% of all morgages are upside down in CA and unemployment is rising, “Walk Aways” will take on a whole new growth pattern.December 5, 2008 at 3:23 PM #312370peterb
ParticipantSocrattt- Consider it an indicator, like all govt generated stats. And it’s always much lower than reality as both parties want to hide the truth from most people. I think it’s more useful to look at what our markets are doing. Equities are down $30T from the highs this year and most homes are down ~25%. This cannot be good for our future as the US is very much a “FIRE” employed economy now.
If roughly 35% of all morgages are upside down in CA and unemployment is rising, “Walk Aways” will take on a whole new growth pattern.December 5, 2008 at 3:23 PM #312402peterb
ParticipantSocrattt- Consider it an indicator, like all govt generated stats. And it’s always much lower than reality as both parties want to hide the truth from most people. I think it’s more useful to look at what our markets are doing. Equities are down $30T from the highs this year and most homes are down ~25%. This cannot be good for our future as the US is very much a “FIRE” employed economy now.
If roughly 35% of all morgages are upside down in CA and unemployment is rising, “Walk Aways” will take on a whole new growth pattern.December 5, 2008 at 3:23 PM #312424peterb
ParticipantSocrattt- Consider it an indicator, like all govt generated stats. And it’s always much lower than reality as both parties want to hide the truth from most people. I think it’s more useful to look at what our markets are doing. Equities are down $30T from the highs this year and most homes are down ~25%. This cannot be good for our future as the US is very much a “FIRE” employed economy now.
If roughly 35% of all morgages are upside down in CA and unemployment is rising, “Walk Aways” will take on a whole new growth pattern.December 5, 2008 at 3:23 PM #312491peterb
ParticipantSocrattt- Consider it an indicator, like all govt generated stats. And it’s always much lower than reality as both parties want to hide the truth from most people. I think it’s more useful to look at what our markets are doing. Equities are down $30T from the highs this year and most homes are down ~25%. This cannot be good for our future as the US is very much a “FIRE” employed economy now.
If roughly 35% of all morgages are upside down in CA and unemployment is rising, “Walk Aways” will take on a whole new growth pattern.December 5, 2008 at 3:41 PM #312023socrattt
ParticipantEsmith, even if we took the US governments number of 17.8 million we are still over 11% if we used that calculation of 160 million people between the ages of 18-64. I am just trying to find the basis of the governments calculations. The other numbers are a moot point.
December 5, 2008 at 3:41 PM #312380socrattt
ParticipantEsmith, even if we took the US governments number of 17.8 million we are still over 11% if we used that calculation of 160 million people between the ages of 18-64. I am just trying to find the basis of the governments calculations. The other numbers are a moot point.
December 5, 2008 at 3:41 PM #312412socrattt
ParticipantEsmith, even if we took the US governments number of 17.8 million we are still over 11% if we used that calculation of 160 million people between the ages of 18-64. I am just trying to find the basis of the governments calculations. The other numbers are a moot point.
December 5, 2008 at 3:41 PM #312434socrattt
ParticipantEsmith, even if we took the US governments number of 17.8 million we are still over 11% if we used that calculation of 160 million people between the ages of 18-64. I am just trying to find the basis of the governments calculations. The other numbers are a moot point.
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