Other pertinent questions: Is the Pope Catholic? Does a bear crap in the woods? Is Stroker a narcissistic little Marxist bastard?
The ONLY thing that surprised me is that it took Obama over a year to figure out how to control this statistic.
The problem he has now is that he cannot control the price of oil very much...and should gasoline hit $9.00 per gallon, which it will if Saudi falls, he will have to answer for that at the polls.
I’d suspect you would be right.
The government statistic most commonly quotes is U3, which is the number of unemployed divided by total unemployed plus total employed. Unemployed is defined as people out of work who have actively looked for work within the last four weeks. Obviously that leaves a lot to be desired. There are other, more accurate statistics like U6 which considers unemployed and people who would like full time jobs but are working part time for economic reasons and those who have looked for work within the last year but not within the last four weeks. The U6 percentage is in the mid to upper teens.
Several technical threads about this already. Yes, it is cooked.
This must be a trick question.
The last straw in the last collapse of the economy was $4.00/gallon gasoline. It's starting to get close to that again, and fewer people are able to weather it today than were in those days.
Any labor report that suggests a recovery while the price of gasoline continues to climb into the stratosphere should be greeted with guffaws, loud and public and sarcastic laughter.
Let's see, yep the sun rose in the East this morning.
The unemployment statistic is a poll and like all polls is faulty. My choice is the participation rate which a 61-2% is at a decade long low. If one were an all powerful monarch really interested in employment you’d track what percentage of the adult population was working, and work on raising that number.
Of course the guy we have who thinks he’s the monarch, doesn’t really care and hasn’t a clue what to do.
| Measure | Not seasonally adjusted | Seasonally adjusted | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Feb. 2010 |
Jan. 2011 |
Feb. 2011 |
Feb. 2010 |
Oct. 2010 |
Nov. 2010 |
Dec. 2010 |
Jan. 2011 |
Feb. 2011 |
|
|
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force |
6.0 | 5.6 | 5.6 | 5.8 | 5.7 | 5.7 | 5.6 | 5.5 | 5.3 |
|
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force |
7.0 | 6.2 | 6.0 | 6.2 | 5.9 | 6.2 | 5.8 | 5.6 | 5.4 |
|
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate) |
10.4 | 9.8 | 9.5 | 9.7 | 9.7 | 9.8 | 9.4 | 9.0 | 8.9 |
|
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers |
11.1 | 10.4 | 10.1 | 10.4 | 10.4 | 10.5 | 10.2 | 9.6 | 9.5 |
|
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force |
11.9 | 11.4 | 11.1 | 11.1 | 11.2 | 11.2 | 10.9 | 10.7 | 10.5 |
|
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force |
17.9 | 17.3 | 16.7 | 16.8 | 17.0 | 17.0 | 16.7 | 16.1 | 15.9 |
|
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data. |
|||||||||
of course it has been manipulated.....those that fall off the unemployment rolls were not and are not ever counted towards the ‘reported’ unemployment numbers....=.=
There are some new jobs in my area but they’re all related to the Boeing contract. Those jobs are nice for those that get them but true success will come without government help.
I’m sure that by summer next year unemployment will have been defined down to around 6%. The actual rate will still be around 20%.
Malls, restaurants, stores everywhere are boarded up and out of business. The unemployment numbers have been made up to cover up the truth.
Only a complete moron believes the numbers aren’t over 15%.
The unemployment rate is determined by a survey of about 60,000 households. Basically, the government calls up and asks if anyone in the household has actively looked for a job in the past 4 weeks. Here is a link with complete information http://www.bls.gov/cps/cps_htgm.htm. The number of unemployed is 13.7 million, but we have another 8.3 million workers that are involuntary part time works (their employment hours have been reduced), and another 2.7 million that would like a job, but have not actively sought work in the past 4 weeks. http://www.bls.gov/news.release/pdf/empsit.pdf
These stats have always been manipulated, not just by Obama but by past presidents as well. Today, the manipulation is more obvious than ever. My question is, how can we have an 8.9% unemployment rate nationally when, in most cities, the number is in the double digits — some close to 20%, maybe more? All these tables and formulas are bogus.
Of course it’s fake. It was artificially kept under 10% on purpose. Now it “dropped” below 9%. The numbers are phony fake fraud just like the people who stand to benefit from the numbers.
Oh, and there’s the part where people just simply give up even looking for work and go on permanent unemployment. - See, that’s even better. If Congress doesn’t extend unemployment FOREVER, Obama’s got a permanent entitlement class who’ll take to the streets to demonstrate if those nasty Republicans vote to take away their sugar tit. (like they’re doing in Wisconsin, you know)