U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-17-2019, 12:03 PM
 
7,560 posts, read 8,424,672 times
Reputation: 5693

Advertisements

Quote:
Originally Posted by Quietude View Post
Never said they weren't. However, they are still treated as anomalies and outliers, which they may have been for most recent history. They are not considered in calculating the unemployment rate and jobs numbers, which remain highly cooked figures based on interpretations from a now-obsolete economic period.

Remember the dinosaur count in "Jurassic Park"?
Most of your implications are simply incorrect.
1). Jobs numbers are not cooked. That would require a conspiracy off thousands - economists, grad. students, The BLS, NBER, myriad state agencies, all the Federal Reserve Banks, private firms etc.

2). Several important jobs numbers are released weekly covering that week - hardly obsolete figures.

3). Every item that you claimed isn't "considered" in UE rates and jobs numbers is considered. On this one you are either lying or confused.
Reply With Quote Quick reply to this message

 
Old 01-18-2019, 02:43 AM
 
1,642 posts, read 814,025 times
Reputation: 2204
Quote:
Originally Posted by Mircea View Post
To be unemployed, you must meet all of the following conditions: 1) you have to be available to work this minute, meaning you can't be in an institution -- in which case you don't show up on any data set, nor can you be an in-home care-giver for a parent, spouse or child nor a student at a secondary or post-secondary school or vocational training facility -- in which case you show up in the Civilian Non-Institutional Population and Not in Labor Force data sets; and 2) you have to want to work...if you don't want to work, and many retirees do not, then you show up in the Civilian Non-Institutional Population and Not in Labor Force data sets; and 3) you must have applied for a job in the last 30 days prior to the date of the survey.

If you meet all of those conditions, then you show up in the Civilian Non-Institutional Population, the Civilian Labor Force and the Unemployed data sets.
How would those keeping the data sets know who all applied for a job?
Reply With Quote Quick reply to this message
 
Old 01-18-2019, 03:45 AM
 
Location: Thailand
5,311 posts, read 2,527,927 times
Reputation: 9816
Quote:
Originally Posted by verybadgnome View Post
"Unemployment is low because everyone has two jobs. Unemployment is low because people are working 60, 70, 80 hours a week and can barely feed their family."
This is nonsensical.

Unemployment is a measure of people who are working (or rather not working), as a percentage of the labor force who actively want to work. A single person who works 80 hours or has two jobs still counts as one person working, they don't magically become two employed people to skew the results.
Reply With Quote Quick reply to this message
 
Old 01-18-2019, 03:47 AM
 
Location: Thailand
5,311 posts, read 2,527,927 times
Reputation: 9816
Quote:
Originally Posted by yspobo View Post
How would those keeping the data sets know who all applied for a job?
Survey.
Reply With Quote Quick reply to this message
 
Old 01-18-2019, 09:31 AM
 
7,560 posts, read 8,424,672 times
Reputation: 5693
Quote:
Originally Posted by lieqiang View Post
This is nonsensical.

Unemployment is a measure of people who are working (or rather not working), as a percentage of the labor force who actively want to work. A single person who works 80 hours or has two jobs still counts as one person working, they don't magically become two employed people to skew the results.
And within the U series of numbers these "situations" are accounted for and explained.
Reply With Quote Quick reply to this message
 
Old 01-18-2019, 10:38 AM
 
Location: Aurora Denveralis
4,998 posts, read 1,643,887 times
Reputation: 7333
Quote:
Originally Posted by lieqiang View Post
Unemployment is a measure of people who are working (or rather not working), as a percentage of the labor force who actively want to work.
Yes, it's very simple. All you have to do is precisely define three or four nebulous terms, then find a way to accurately count the number of people under each of those terms, and nothing more than a pocket calculator would be needed to figure out the rate.

Easy peasy!
Reply With Quote Quick reply to this message
 
Old 01-22-2019, 10:00 AM
 
Location: Boston
5,805 posts, read 1,712,636 times
Reputation: 4279
there are 168 hours in a week, if working 40 of them doesn't allow you a standard of living you expect, get an additional job.
Reply With Quote Quick reply to this message
 
Old 01-22-2019, 11:38 AM
 
Location: Aurora Denveralis
4,998 posts, read 1,643,887 times
Reputation: 7333
Quote:
Originally Posted by skeddy View Post
there are 168 hours in a week, if working 40 of them doesn't allow you a standard of living you expect, get an additional job.
Congratulations for missing the point in so many ways that are pretty much irrelevant to this thread.
Reply With Quote Quick reply to this message
 
Old Today, 02:49 PM
 
1,642 posts, read 814,025 times
Reputation: 2204
Quote:
Originally Posted by lieqiang View Post
Survey.
Well, I have never been surveyed for such a thing, so I know I have never been counted no matter how long I was unemployed. I am sure I couldn't be the only one not surveyed, so it couldn't count all the unemployed people in this country. If it's just a survey what's to stop them from conducting survey at a cafe where lots of employees take their lunch breaks to artificially bring down unemployment numbers?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top