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The Other Unemployment Rate: U-6 at 14.8%

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1 posted on 03/12/2009 5:40:14 PM PDT by george76
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To: george76
The rising joblessness reflects the pain that the housing, credit and financial crises – the worst since the 1930s –

Worst since the 30s or worse since Jimmy Carter?

I seem to remember things sucked pretty badly around 1976 and things don't seem nearly as bad now, at least not yet.
2 posted on 03/12/2009 5:42:09 PM PDT by chrisser (The Two Americas: Those that want to be coddled, Those that want to be left the hell alone.)
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To: george76

Unemployed? No problem...
Obama’s electorate and political base don’t need to work...

Why should anyone else?

Obama will bring HOPE, CHANGE and DISASTER.


3 posted on 03/12/2009 5:42:44 PM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: george76

YES ! WE ! CAN !


4 posted on 03/12/2009 5:46:10 PM PDT by fieldmarshaldj (~"This is what happens when you find a stranger in the Alps !"~~)
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To: george76

Who is John Galt?


5 posted on 03/12/2009 5:46:40 PM PDT by Redleg Duke ("Sarah Palin...Unleashing the Fury of the Castrated Left!")
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To: george76

It could even be 5%. Yeah, that’s right. That’s the ticket: 5%

That’s fine, because we’re going to get new, loyal American business leadership (re. “important” constituents) and a real conservative political party in the near future.

Is Recession Preparing a New Breed of Survivalist? [Survival Today - an On going Thread #2]
http://www.freerepublic.com/focus/f-chat/2181392/posts

[Well over 4,000 comments.]


8 posted on 03/12/2009 5:49:43 PM PDT by familyop (As painful as the global laxative might be, maybe our "one world" needs a good cleaning.)
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To: george76
fears that the national jobless rate could hit 10 percent by year's end.

Meanwhile, the House of Representatives took the unusual step of lowering the unemployment rate by taking time to honor the number Pi (3.141etc.....)

Thank goodness for the Democratic Leadership in this country. They are SO focused on the problem!

9 posted on 03/12/2009 5:51:08 PM PDT by NorCoGOP (Recession: friend loses his job. Depression: You lose your job. Recovery: Obama loses his job.)
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To: george76
Shadowstats.com has it as being about 19%, using the same method to compute unemployment as was used before Clinton changed it.

See: http://www.shadowstats.com/alternate_data

12 posted on 03/12/2009 5:56:42 PM PDT by ikka (Brother, you asked for it!)
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To: george76

20%


13 posted on 03/12/2009 5:59:02 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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To: george76

Optimists!


14 posted on 03/12/2009 6:01:05 PM PDT by Revolting cat! (Let us prey!)
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To: george76

The Other Unemployment Rate: U-6 at 14.8%
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I had to look up the term ...

The 8.1% official unemployment rate, up from 7.6% in January, only counts people who are available for work and actively looked for a job in the prior four weeks. The 14.8% figure (known as the “U-6” by the BLS) includes everyone in the 8.1% figure, plus people who say they want a job and looked for work recently, along with people working part-time because they couldn’t get a full-time schedule.


20 posted on 03/12/2009 8:00:03 PM PDT by Neidermeyer
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To: george76; All
 
22 posted on 03/13/2009 1:41:19 AM PDT by backhoe (All across America, the Lights are going out...)
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To: george76

I will be surprised if the national rate doesn’t hit 15%. Probably 20+% in most of Europe.


25 posted on 03/13/2009 10:26:04 AM PDT by KSCITYBOY
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To: george76

has anyone noticed the talk of impending economic doom has slowed down considerably?


26 posted on 03/13/2009 10:28:11 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
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To: george76

More recruits for the Constitutional Restoration!


32 posted on 03/13/2009 12:36:47 PM PDT by DTogo (Time to bring back the Sons of Liberty.)
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