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Thread: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass Sen

  1. #101
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by CanadaJohn View Post
    Indeed - but how many of them have been on unemployment benefits for upwards of two years and still haven't attempted to retrain or relocate?

    Do you want to pay them not to work indefinitely, or until such time as they qualify for social security?
    My intent was that you would do some math and realize there are more people who want work than there are jobs available.
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by Dezaad View Post
    My intent was that you would do some math and realize there are more people who want work than there are jobs available.
    Perhaps, just maybe, if more of the 4 million plus jobs that haven't been filled were filled, that would generate significant economic activity resulting in more job openings and so on, and so on.

    If you believe the nonsense from the Obama administration and liberals that unemployment benefits boost the economy, think how much the economy would be goosed by people working.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by CanadaJohn View Post
    Indeed - but how many of them have been on unemployment benefits for upwards of two years and still haven't attempted to retrain or relocate?

    Do you want to pay them not to work indefinitely, or until such time as they qualify for social security?
    Retrain?

    Go back to school, and you lose your unemployment benefits.
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by Dittohead not! View Post
    That would create some jobs, surveying every person in America who isn't working currently.
    Lol...I meant count every single person during their monthly phone survey...my mistake.

    My point was that the BLS is a joke, IMO. Bureaucrats are famous for finding useless, make-work projects so the the government has to hire more of them and swell their ranks.

    The BLS tabulates all these little stats and yet sees fit to - IMO - obviously try and exclude from the work force as many people as possible using ridiculous technicalities so as to present to their elected masters the smallest unemployment U-3 number they legally can.

    As I said, tabulating the U-3 should be as follows (IMO); 1) Do you work? 2) Do you want to work? 3) Can you work?

    If they answer no, yes and yes, respectively...then they are part of the work force AND unemployed for U-3.

    How long they have been unemployed is irrelevant, whether they are looking is irrelevant and if they can start this very second is irrelevant.

    And the above should include even those Americans who are under the retirement age, claim to be retired but still want to work.


    Like the GDP and especially the ridiculous 'inflation' tabulation processes done by the bureaucrats...the U-3 is yet another example of how the government, IMO, is manipulating the tabulation process to make the economy seem better then it really is.

  5. #105
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by DA60 View Post
    Lol...I meant count every single person during their monthly phone survey...my mistake.

    My point was that the BLS is a joke, IMO. Bureaucrats are famous for finding useless, make-work projects so the the government has to hire more of them and swell their ranks.

    The BLS tabulates all these little stats and yet sees fit to - IMO - obviously try and exclude from the work force as many people as possible using ridiculous technicalities so as to present to their elected masters the smallest unemployment U-3 number they legally can.

    As I said, tabulating the U-3 should be as follows (IMO); 1) Do you work? 2) Do you want to work? 3) Can you work?

    If they answer no, yes and yes, respectively...then they are part of the work force AND unemployed for U-3.

    How long they have been unemployed is irrelevant, whether they are looking is irrelevant and if they can start this very second is irrelevant.

    And the above should include even those Americans who are under the retirement age, claim to be retired but still want to work.


    Like the GDP and especially the ridiculous 'inflation' tabulation processes done by the bureaucrats...the U-3 is yet another example of how the government, IMO, is manipulating the tabulation process to make the economy seem better then it really is.
    I'd add..

    Are you looking for full time work?
    Are you currently working full time?

    I think that including the people who have given up finding full time work and are making do with a part time job (or perhaps more than one) would yield some interesting statistics.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  6. #106
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by PeteEU View Post
    Sure cut them off, and remove them from the labour force for being lazy.... but that does not mean that there are jobs for them to get and that is the problem. All it does, is increase the poverty levels.. and I guess that is the strategy of the GOP these days.
    Unemployment benefits are intended to be temporary assistance for people who have lost jobs and need financial help to transition into a new one. They aren't supposed to be a lifestyle. Only in the fantasy minds of Reid and Pilosi are they economic stimulus.
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by sawdust View Post
    Only in the fantasy minds of Reid and Pilosi are they economic stimulus.
    Nonsense. Reid and Pelosi didn't make that up you know. The multiplier effect often touted was derived chiefly from a report authored by Mark Zandi, the chief economic advisor to one John Mccain.

  8. #108
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by Dittohead not! View Post
    I think that including the people who have given up finding full time work and are making do with a part time job (or perhaps more than one) would yield some interesting statistics.
    Here you go!



    A shout out to Pinqy for providing a more historical examination.
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by Kushinator View Post
    Here you go!



    A shout out to Pinqy for providing a more historical examination.
    Am I reading that chart right? About 500,000 people working part time but needing full time work?
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  10. #110
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    Re: Unemployment Rate Set To Plunge As Bill To Restore Jobless Benefits Fails To Pass

    Quote Originally Posted by a351 View Post
    Nonsense. Reid and Pelosi didn't make that up you know. The multiplier effect often touted was derived chiefly from a report authored by Mark Zandi, the chief economic advisor to one John Mccain.
    Do I understand you right, the more money government gives to people the more the economy improves. If that is the case, to get a roaring economy going the government should give all Americans money every week. Like a $1,000 a week for starters and move it higher if the economy is not improving fast enough. Is this not the premise of your claim that government giving money to people improves the economy. Then the government should flood people with money and lets get our economy roaring.
    Last edited by Born Free; 01-18-14 at 10:52 PM.
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