Unemployment Rate Facts
POSTED BY: JEWELSTAITEFAN
UPDATED: Saturday, September 5, 2026 13:19
VIEWED: 54220
PAGE 60 of 94
Go find it yourself, idiot. Is your internet broken?
While you're at it, go ahead and find my post history where I call both Trump and GWB out for this lie too.
I won't bother searching yours where you did so when Obama was President, because we both know that never happened.
I'll take my leave so you can keep playing with your worthless two inch pud the rest of the day, Roomba.
I have shit to do. No more time to waste on you.
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Quote:6ix, you don't have anything to support your fake unemployment numbers, do you? Nothing other than new craziness piled on top of old crazy. To quote you: "I'll take my leave . . . I have shit to do. No more time to waste on you." 6ix, you know perfectly well you have nothing worth doing and nothing supporting your unemployment numbers.
Originally posted by 6IXSTRINGJACK:
Go find it yourself, idiot. Is your internet broken?
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:6ix, you don't have anything to support your fake unemployment numbers, do you? Nothing other than new craziness piled on top of old crazy. To quote you: "I'll take my leave . . . I have shit to do. No more time to waste on you." 6ix, you know perfectly well you have nothing worth doing and nothing supporting your unemployment numbers.
Originally posted by 6IXSTRINGJACK:
Go find it yourself, idiot. Is your internet broken?
You continue to be wrong about everything.
Don't let me stop you.
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Quote:When will you show your fake version of the unemployment numbers for the 21st Century? In meantime, the real version:
Originally posted by 6IXSTRINGJACK:
You continue to be wrong about everything.
Don't let me stop you.
6ix, if you have your personal version of the "true" unemployment numbers, show them to the world, otherwise the true numbers are at https://fred.stlouisfed.org/graph/?g=IBvp , which will download their true numbers as either Excel (data) or CSV (data)
Blue line - Unemployment Rate (right scale)
Red Line - All Employees, Total Nonfarm (left scale)
https://fred.stlouisfed.org/graph/?g=IBvp
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Fake news.
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The great thing about having principles is that I get to argue with different people depending on who's President.
I get to argue with JSF in this thread when Trump is president, and I get to argue with Second in this thread when Biden* is president.
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Lesson summary: Unemployment
https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics
/economic-iondicators-and-the-business-cycle/unemployment/a/lesson-summary-unemployment
Lesson overview
A country’s economic performance is measured using three key indicators, one of which is the unemployment rate. When adults who are willing and able to work cannot find a job, it may be a sign that an economy is producing less than it could. On the other hand, unemployment is also a natural phenomenon that even healthy economies experience. While the official unemployment rate is helpful in representing the state of a nation’s workforce, it does have some shortcomings that should be considered, such as excluding discouraged workers.
[Relevant points to my argument: i.e.: the Correct Argument]
Unemployed - A term that describes a person who could be working, and wants to work, but is not working; to be counted as unemployed you must be part of the eligible population, not working, and actively looking for work.
Discouraged Workers - People who do not have a job, but they will take a job if offered one. However, they have given up looking for work, so they are not counted in the labor force; for example, if Carol gives up looking for work because she is having trouble finding a job, she is no longer in the labor force and therefore is not counted as unemployed.
Underemployed - People who work part-time, but they really want to work full time if they could find a full-time job; for example, Tyreese wants to work full time as an engineer, but he can only find a part-time job.
Limitations of the Unemployment Rate:
The unemployment rate as it is measured officially is often criticized for understating the level of joblessness because it excludes anyone working at all or people who aren’t looking for work. In particular, the official unemployment rate leaves out discouraged workers and the underemployed. People who have given up looking for work because they are convinced that they cannot find jobs are considered discouraged workers. Some people are counted as employed because they are working part-time, even though they really want full-time work.
Common Misperceptions:
- Not everyone who is out of work is unemployed. In order to be counted as unemployed you have to be out of work, looking for work, and able to accept a job if one is offered to you. If you are out of work and not looking, then you are considered “not in the labor force” rather than unemployed.
(NOTE: The ONLY way this can be taken into account is by counting weekly unemployment claims. So anybody who just left college and is looking for a job isn't even counted as unemployed... and of those who are filing and counted, the second they can't file another claim because their unemployment benefit ran out, they are no longer counted as unemployed either).
- A decrease in the unemployment rate isn’t necessarily a sign of an improving economy. When people stop looking for jobs and drop out of the labor force as discouraged workers, the unemployment rate will decrease even though the true employment situation hasn’t gotten any better. This is why it is important to look at both changes in the unemployment rate and changes in the labor force participation rate. Looking at both changes let’s you get a more complete idea about changes in the employment situation.
Half the jobs in this country are bullshit, part-time McJobs that offer nothing or next to it in terms of benefits as well as low wages. So even if you throw out Discouraged Workers like your stupid little graph throws out, Second, you've got tens of millions of adults working shit part-time jobs (oftentimes 2 and 3 of them in tandem) without any benefits that are willing to work more but can't get more. (And most of those jobs being federally subsidized by our tax dollars while the companies rake in billions every year.)
The average salary hasn't increased at all since the late 90's,
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AFAIK to be counted as being unemployed you have to be actively receiving unemployment benefits and all the caveats and limitations that imposes.
I hope most people know by now that unemployment numbers are hardly meaningful, and that the labor force participation rate is a better metric. But it's not perfect! It counts "those who are employed or unemployed and looking for work, compared to the total adult population". If you work 1 hour a week, you're counted as employed. If your LOOKING for work, you still count! So even though this measure is better than unemployment figures there are serious deficits in this metric as well.
That said, the media's over-emphasis on unemployment figures is yet another example of how we're being propagandized every day by our government/media propaganda machine.
https://www.bls.gov/charts/employment-situation/civilian-labor-force-p
articipation-rate.htm
The labor force participation rate dropped from 66.7% in November 2001 to a low of 63.3% in September 2015 (note for Second: including an overall drop from 65.7% to 62.7% during Obama's terms in office). It rose slightly during Trump's term in office from 62.8% 63.2%. But February through April 2020 it dropped from 63.4 to 60.2. It rebounded sharply to reach 61.7% in August 2020. Since then it's been flat, in October 2021 it was 61.6%.
OVERALL the labor force participation rate dropped sharply from 63.3% in Jan 2020 to 61.7 in August 2020 and has been stalled out since.
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Quote:
Originally posted by 1KIKI:
AFAIK to be counted as being unemployed you have to be actively receiving unemployment benefits and all the caveats and limitations that imposes.
Yes. This is true.
Quote:
Originally posted by 6IXSTRINGJACK:
Common Misperceptions:
- Not everyone who is out of work is unemployed. In order to be counted as unemployed you have to be out of work, looking for work, and able to accept a job if one is offered to you. If you are out of work and not looking, then you are considered “not in the labor force” rather than unemployed.
These are actually three separate questions asked of you every week you file for unemployment.
1. You would like to file an unemployment claim for week "X"?
2. You have performed and logged your work search requirement for the week?
3. You are able and available to accept a job offer?
Back when I lived in Illinois and filed unemployment many, many years ago, you were actually able to still file unemployment claims even if your benefits were exhausted. So you could, at least many, many years ago, still keep yourself counted as unemployed if you were to continue to file your bi-weekly claims even though you wouldn't get any benefits.
In Indiana, currently, you are completely barred from filing a week of unemployment after your benefits expire, so you are forced out of the unemployment numbers when your benefits run out.
It would be interesting to know how all of the states currently handle this. Although I don't suppose it really matters since a vast majority of people would never continue to file weekly claims after their benefits run out. It's just interesting to me that some states allow you to continue while others don't.
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Quote:This sounds untrue. There are millions who are looking for work, but are not counted among the Labor Force because their Unemployment Benefits have been exhausted. How are you imagining that solely looking for work fits into some category of the Labor Force?
Originally posted by 1KIKI:
AFAIK to be counted as being unemployed you have to be actively receiving unemployment benefits and all the caveats and limitations that imposes.
I hope most people know by now that unemployment numbers are hardly meaningful, and that the labor force participation rate is a better metric. But it's not perfect! It counts "those who are employed or unemployed and looking for work, compared to the total adult population". If you work 1 hour a week, you're counted as employed. If your LOOKING for work, you still count!
Quote:
So even though this measure is better than unemployment figures there are serious deficits in this metric as well.
That said, the media's over-emphasis on unemployment figures is yet another example of how we're being propagandized every day by our government/media propaganda machine.
https://www.bls.gov/charts/employment-situation/civilian-labor-force-p
articipation-rate.htm
The labor force participation rate dropped from 66.7% in November 2001 to a low of 63.3% in September 2015 (note for Second: including an overall drop from 65.7% to 62.7% during Obama's terms in office). It rose slightly during Trump's term in office from 62.8% 63.2%. But February through April 2020 it dropped from 63.4 to 60.2. It rebounded sharply to reach 61.7% in August 2020. Since then it's been flat, in October 2021 it was 61.6%.
OVERALL the labor force participation rate dropped sharply from 63.3% in Jan 2020 to 61.7 in August 2020 and has been stalled out since.
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