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.
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”
Gallup puts out its own unemployment index and has the rate currently at 9.0 percent. And the 'underemployment' rate at 19.2%. Basically people who can't find full time work. http://www.washingtontimes.com/blog/...nemployment-9/
We're pretty close to being in about the same shape as the past 3 years.
Too bad that's the way it's been calculated for years. Unemployment has never counted "under-employed" or part-time employed as part of the official numbers.
More whine and moan from the gallery.
Quote:
The effects of the recent recession, which began in
December 2007 and ended in June 2009, have combined
to make the years since 2007the worst period of unemployment
in the United States since the 1930s.
The unemployment rate reached a very high level,
peaking at 10.0 percent in October 2009. That rate
has been topped in the post–World War II period only
once before—during the severe 1981–1982 recession
(see the upper panel of Figure 1). From the end of
2007 to October 2009, the number of unemployed
people rose by almost 8 million.
In contrast,the unemployment rate exceeded 8 percent
for 26 months and was at or above 9 percent for
19 months during the recession of the early 1980s.
Too bad that's the way it's been calculated for years. Unemployment has never counted "under-employed" or part-time employed as part of the official numbers.
More whine and moan from the gallery.
I don't know where your quote came from but is surely makes Democrat Presidents look very poor. Obama promised to do all those things about jobs if he could have his stimulus bill that nobody read before they voted for it and the 1981 - 1982 years were surely involved with the man who left office in 1981.
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”
Now putting out information from that highly regarded (by Democrats these days) bi-partisan group, CBO, is a dirty trick. This time there is no way for them to call those people liars so you will see a lot more deflection attempts soon like the third post in this thread.
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”
I have $500 for any right winger that brought up the "real unemployment level" when Bush was in office.
How come we only hear about the "real unemployment level" when right wing partisans want Obama to look bad?
If the "real unemployment level" is so much more valid...How come they never brought it up when their side was in control?
Did Bush make any wild promises about cutting unemployment as soon as Obama did? Maybe you could show us where he made those promises. If not, admit that you are just trying to deflect from the message from the CBO by bringing up Bush. I guess you don't understand about deflection of that type, though.
Still grasping for the straws? Face it, in spite of the best GOP efforts, the Economy is recovering.
That grasping crap is just a bit of deflection, bob, and you know it.
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.
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.
