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Here we go again. EVERY YEAR it's the same old ****. This is from temp. holiday hiring and nothing else. Watch in Feb. when the numbers come out. Back up it goes AGAIN!
The 101 million number is the working age Americans classified as "not in the workforce". However, Suncc499 either used the wrong number, or is pulling from info other than BLS. As of Nov. 2013, BLS is showing 91 million working age Americans not in the workforce, or 29% of the overall population.
But this is where the statistics start to get fuzzy.
In the chart, under the column "Do Not Want A Job Now", the number is 86 million people. In the footnotes for that number, it says "Includes some persons who are not asked if they want a job." That's a VERY broad interpretation, because I'm sure they didn't ask 85,985,212 people if they want a job.
Again.....so we're to believe as gospel everything coming from DC? The same statistics can always tell more than one story.
Yep, anyone believe there are over 21,000,000 25-54 year olds who do not want or need a job. Not many 54 year olds can afford to retire and not many, a miniscule amount, of this age group are independently wealthy or Trust Fund babies.
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Quote:
Originally Posted by ntwrkguy1
The 101 million number is the working age Americans classified as "not in the workforce". However, Suncc499 either used the wrong number, or is pulling from info other than BLS. As of Nov. 2013, BLS is showing 91 million working age Americans not in the workforce, or 29% of the overall population.
But this is where the statistics start to get fuzzy.
In the chart, under the column "Do Not Want A Job Now", the number is 86 million people. In the footnotes for that number, it says "Includes some persons who are not asked if they want a job." That's a VERY broad interpretation, because I'm sure they didn't ask 85,985,212 people if they want a job.
Again.....so we're to believe as gospel everything coming from DC? The same statistics can always tell more than one story.
The number is an estimation based on a survey of a representative sample.
However, the other numbers (203,000) are based on employment rolls, companies actually report in for the most part and that is how they come to those conclusion.
Also, no one is asking you to take it as gospel, but from my perspective, it looks as though believing it or not is based on politics rather than skepticism of government in general.
There was an article in the Chicago Tribune yesterday that said when the unemployment benefit extension runs out at the end of the year, (unless it's extended) the government figures that the unemployment rate will drop about 1/2 of 1 % because of the people that will quit looking for work and won't be counted as unemployed anymore. I guess they'll take any numbers that will make them look good.
The real proof of this wonderful economy will be the fact that we can now slash the government handout programs. Now even liberals should be admitting that those who aren't working are just too lazy to work. 7% unemployment means anyone who wants a job will have one, it might not be within a week, but there is no reason now to have unemployment extensions and it's time to cut back all the handouts.
You seem to be arguing that since out economy did not collapse during the shut down, it means it was a good thing, That is completely untrue and has no basis in reality.
It's just like the sequester --- the liberals claimed it would harm the economy but the reverse happened.
The shut down didn't collapse the economy --- as they claimed it would and now following the shut down and the cut in food stamps, the economy is doing very well, unemployment rates have fallen very nicely.
Balony. The figure ignores all those who have dropped out of the labor force. It is not the true unemployment figure, which is still around 14% or more.
We should all be glad for this news. Now there should be no talk of more unemployment extensions. It's time for all to get back to work. End all those tiers after tiers -- all that nonsense.
7% unemployment rates means it time to stop a lot of the handouts and if people want money, they need to work for it.
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