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

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

    Quote Originally Posted by Perotista View Post
    Reid is one sly devil who will do anything and everything to remain the majority leader. Nothing else matters to him even if the million plus unemployed goes without benefits.
    Yup. The funny thing is, this is actually good policy, just done for evil reasons and so one can make spiteful arguments. Republicans are going to have to be pretty fast on the ball to point out how he killed this bill to the point where it will actually sink in; because that's a fine point that I'm thinking is beyond the capability of the general public to really delve into. Kind of a weird black-flag op, really.

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

    Quote Originally Posted by cpwill View Post
    Yup. The funny thing is, this is actually good policy, just done for evil reasons and so one can make spiteful arguments. Republicans are going to have to be pretty fast on the ball to point out how he killed this bill to the point where it will actually sink in; because that's a fine point that I'm thinking is beyond the capability of the general public to really delve into. Kind of a weird black-flag op, really.
    The general public do not pay any attention to the inner workings of the senate. Right now most of the reporting is not on the agreed bill between Reid and the 6 Republicans that would have passed and extended the benefits, it is now on how the republicans are preventing extension of unemployment benefits with the latest vote.

    Nothing is being said of Reid changing the agreed bill to something totally different after he had an agreement. It will be very hard to get the truth out on this one.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

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

    Quote Originally Posted by Perotista View Post
    The general public do not pay any attention to the inner workings of the senate. Right now most of the reporting is not on the agreed bill between Reid and the 6 Republicans that would have passed and extended the benefits, it is now on how the republicans are preventing extension of unemployment benefits with the latest vote.

    Nothing is being said of Reid changing the agreed bill to something totally different after he had an agreement. It will be very hard to get the truth out on this one.
    Yup. This is one of those things where it's all about Optics > Reality.

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

    Quote Originally Posted by pinqy View Post
    Absolutely untrue. There is no maximum time As long as you're trying to find work, you're classified as unemployed.
    A-35. Unemployed total and full-time workers by duration of unemployment shows over 2.5 million unemployed over a year.
    Then how do they differentiate between people who...

    Return to school
    Retire early
    start their own business but it's not off the ground yet
    crap I haven't thought of...

    These are all people who are "unemployed" in one form or another.
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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

    Quote Originally Posted by jmotivator View Post
    Yes, U6 measures unemployment and under employment.
    The BLS term is "Labor Underutilization.

    But no, they don't always move in the same direction and at the same rate. Just this past month U3 dropped 0.3% while U6 remained steady. The month prior the U6 declined at 3 times the rate of U3. And before that U6 increased while U3 remained steady, and so on.
    Good thing for me I didn't say "always," isn't it? i said "tends to"


    Also, those who stop looking for work to show up in U6 but drop out of U3.
    Not necessarily. The U6 and U5 both include the Marginally Attached: Those who want to work, are available to work, and who looked for work in the previous 12 months but not previous 4 weeks. So someone could "drop out" but not be available or no longer want a job and therefore would not be marginally attached. Note too, that most of the marginally attached aren't looking for personal reasons such as care of family, going back to school, illness/injury, etc. The discouraged are are seen in the U4.

    Besides...why do you think someone who is not trying to work should be considered unemployed?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by cpwill View Post
    Yup. This is one of those things where it's all about Optics > Reality.
    I call it perception, it is how the electorate perceives it to be. Reality does not need to apply, perception means everything.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

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

    Quote Originally Posted by reinoe View Post
    Then how do they differentiate between people who...

    Return to school
    They ask. If the person is still looking for work, s/he is unemployed, otherwise, they're not in the labor force...not competing for work.
    Retire early
    They don't ask about "early." And why would you consider them unemployed..especially if it's pure choice. But again, if they look for work, they're unemployed...if not, then they're not in the labor force...not competing for work.
    start their own business but it's not off the ground yet
    This one, I'm a little shakier on, but if I understand it correctly, then if the business is not yet in place and operational, then it is not yet a business. So the person isn't working or running a business with the intent of profit, nor is s/he looking for work. So s/he wouldn't be in the labor force that month.

    Keep in mind what is being measured...the percent of people available for work that month who weren't working. If someone isn't looking, then they're not available. He doesn't know about any work, and no employer knows about him. We look at discouraged and marginally attached, because they're likely to start looking soon, so it's helpful to see how many there are.
    crap I haven't thought of...

    These are all people who are "unemployed" in one form or another.[/QUOTE]
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by reinoe
    Re hiring: some of those jobs are simply fake. As in companies post jobs with no intention of ever filling them. I saw that happen at where I used to work. They had about many job openings and were never filled. I know several qualified people who applied for them and recommended some others. And I don't mean not filled by the people I know I mean not filled at all ever. I'm not sure why companies do this sort of thing.
    I can help with this. In some cases, it's simply a fishing expedition. In some cases, a department head or officer will have a genuine desire for a new position, but then will be contradicted by their boss, or reorganization will occur and the position won't be needed. Still other times, more often than many people would probably think, there are tax incentives for companies that can make plausible claims to be hiring.

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

    Quote Originally Posted by pinqy View Post
    They don't ask about "early." And why would you consider them unemployed..especially if it's pure choice. But again, if they look for work, they're unemployed...if not, then they're not in the labor force...not competing for work.
    They should ask because I guarantee you there are a heck of a lot of premature retirees that were forced into that situation because they could not find work.

    If a laid off 39 year old has trouble finding a job (and many obviously are)...how easy will it be for a 59 year old looking in the same field?


    More Than 1 Million Baby Boomers Are Secretly Unemployed

    'Early Retirees Were Kicked Out Of The Workforce

    How many Americans are forced into retirement because they couldn't find work? At the request of AOL Jobs, Matthew Rutledge, an economist at the Center for Retirement Research at Boston College, attempted to estimate the size of this group that remains invisible to the BLS. What he found: At the height of the recession, as many as 53,000 extra Americans were retiring early each month. In total, the recession has driven around 1.4 million additional Americans to collect Social Security early.'


    More Than 1 Million Baby Boomers Are Secretly Unemployed - Careers Articles


    Btw - if this number is accurate for today (if these people were counted - and they should be, imo), then the unemployment rate is really 7.5% (by my calculations).
    Last edited by DA60; 01-16-14 at 02:00 AM.

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

    Quote Originally Posted by tech30528 View Post
    Interesting perspective. Just for giggles I pulled up my local small town paper and looked at the classified. 2 pages. Anything from wait staff and cooks for Huddle House, hotel desk and cleaning staff, entry level manufacturing, several levels of nursing positions for hospital, in home and retirement facilities, tax preparation and sales positions. Seems there are some jobs available, and at various levels of skill and pay.
    Of those jobs, hotel desk and cleaning staff require no training or education. You just dont go from making cars to being a nurse at a hospital, or to preparing taxes. And that is my point.
    PeteEU

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