Mass unemployment is toppling govt's across world

[Pub-911]

Originally Posted by Camlon

If someone goes from being a registered unemployed to a discouraged worker, then they were definitely part of U-3 earlier.

There are no "registered unemployed." There are people whose UI benefits eventually run out, and to have had UI benefits to begin with, they would have worked in a covered position at some prior point in time, but the numbers of employed and unemployed come from the Current Population Survey conducted every month during the week in which the 12th of the month happens to fall.

Originally Posted by Camlon

Where did I say that I talked about the US unemployment data? I remember talking about the EU.

Maybe you should post in the EU forum?

[Camlon]

Originally Posted by Pub-911

There are no "registered unemployed." There are people whose UI benefits eventually run out, and to have had UI benefits to begin with, they would have worked in a covered position at some prior point in time, but the numbers of employed and unemployed come from the Current Population Survey conducted every month during the week in which the 12th of the month happens to fall.

If there are no registered unemployed, then why is OECD talking about registered unemployed?
https://stats.oecd.org/Index.aspx?Da...de=LAB_REG_VAC

But here is an american version just for you
"If someone goes from getting UI benefits to a discouraged worker, then they were definitely part of U-3 earlier."

You are still wrong.

Originally Posted by Pub-911

Maybe you should post in the EU forum?

Read the thread title, "Mass unemployment is toppling govt's across world". It is not a US exclusive thread.

Also, it doesn't excuse you lying about what I said, trying to score a cheap point.

[Pub-911]

Originally Posted by Camlon

If there are no registered unemployed, then why is OECD talking about registered unemployed?

"Registered" in this case is OECD-speak for having taken active steps to seek work.

[dollaztx]

The world over is seeing the effects of automization and economic inequality. I believe the world is not neceserally embracing conservative or liberal leaders and ideals but are rather voting for whomever isn't in power because they are desperate. Here in the US they have now voted for a party from the conservative power but I believe if he doesn't deliver, the US will elect a liberal in 4 years, and then another conservative 4 years after that until someone can respond to automization and its effects of lost jobs.