Re: Unemployment Rate Falls to 4.9%

Now you're depending on Hilary to tell you when the nazis are lying

LOL
"El Castor" <justuschickens@xxxxxxxxxxxx> wrote in message
news:1gu2s1pg6f38q59gipee6lqe6tsl1e2n8q@xxxxxxxxxx
> Rumpelstiltskin <PleaseDoNotReplyByEmail@xxxxxxxxxxx> wrote:
>
> >On Sun, 08 Jan 2006 02:22:51 -0800, El Castor
> ><justuschickens@xxxxxxxxxxxx> wrote:
> >
> >>Jean Smith <gotermite@xxxxxxxxx> wrote:
> >>
> >>>In article <1136645224.931688.70230@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
> >>> "Golden State Poppy" <GoldenStatePoppy@xxxxxxx> wrote:
> >>>
> >>>> Unemployment Rate Falls to 4.9 Percent
> >>>> By JEANNINE AVERSA, AP Economics Writer
> >>>> Fri Jan 6, 5:18 PM ET
> >>>
> >>>In case you are having trouble reconciling the preceding magic with
> >>>reality. Don't worry. They don't reflect the same thing any more,
> >>>e.g., not counting unemployed teenagers.
> >>>
> >>>http://www.thinkandask.com/2006/010606bush.html
> >>>
> >>Jean, that is just plain bull***!!!!!!!!!!!!!!!!
> >>
> >>Let's just examine one statement:
> >>
> >>"The United States government only keeps you "unemployed" for six
> >>months, whether or not you find a job."
> >>http://www.thinkandask.com/2006/010606bush.html
> >>
> >>I have explained over and over again to you left wingers that who is
> >>or is not "unemployed" has no bearing on whether or not unemployment
> >>insurance is being collected, nor is unemployment limited to a term
> >>like six months! Period!! Unemployment statistics are derived from the
> >>monthly Current Population Survey conducted by the Bureau of the
> >>Census in a joint project with the Bureau of Labor Statistics.
> >>
> >>Here is the short explanation of who is unemployed -- straight from
> >>the BLS FAQ:
> >>
> >>"Who is counted as unemployed?
> >>Persons are classified as unemployed if they do not have a job, have
> >>actively looked for work in the prior 4 weeks, and are currently
> >>available for work."
> >>
> >>And here is why US labor statistics are directly comparable to those
> >>published by other developed countries -- namely members of the
> >>OECD!!!
> >>
> >>"How are the unemployed counted in other countries?
> >>The sample survey system of counting the unemployed in the United
> >>States is also used by many foreign countries, including Canada,
> >>Mexico, Australia, Japan, and all of the countries in the European
> >>Economic Community. More recently, a number of Eastern European
> >>nations have instituted labor force surveys as well. However, some
> >>countries collect their official statistics on the unemployed from
> >>employment office registrations or unemployment insurance records.
> >>Many nations, including the United States, use both labor force survey
> >>data and administrative statistics to analyze unemployment."
> >>http://www.bls.gov/cps/cps_faq.htm#Ques5
> >>
> >>And here is the exact long form definition of "employed" and
> >>"unemployed" as defined by the Current Population Survey:
> >>
> >>"Labor Force . Persons are classified as in the labor force if they
> >>are employed, unemployed, or in the Armed Forces during the survey
> >>week. The ``civilian labor force'' includes all civilians classified
> >>as employed or unemployed. The file includes labor force data for
> >>civilians age 15 and over. However, the official definition of the
> >>civilian labor force is age 16 and over.
> >>
> >>1. Employed. Employed persons comprise (1) all civilians who, during
> >>the survey week did any work at all as paid employees or in their own
> >>business or profession, or on their own farm, or who work 15 hours or
> >>more as unpaid workers on a farm or a business operated by a member of
> >>the family; and (2) all those who have jobs but who are not working
> >>because of illness, bad weather, vacation, or labor-management
> >>dispute, or because they are taking time off for personal reasons,
> >>whether or not they are seeking other jobs. These persons would have
> >>an Labor Force Status Recode (LFSR) of 1 or 2 respectively in
> >>character 145 of the person record which designates ``at work'' and
> >>``with a job, but not at work.'' Each employed person is counted only
> >>once. Those persons who held more than one job are counted in the job
> >>at which they worked the greatest number of hours during the survey
> >>week. If they worked an equal number of hours at more than one job,
> >>they are counted at the job they held the longest.
> >>
> >>2. Unemployed. Unemployed persons are those civilians who, during the
> >>survey week, have no employment but are available for work, and (1)
> >>have engaged in any specific job seeking activity within the past 4
> >>weeks such as registering at a public or private employment office,
> >>meeting with prospective employers, checking with friends or
> >>relatives, placing or answering advertisements, writing letters of
> >>application, or being on a union or professional register; (2) are
> >>waiting to be called back to a job from which they had been laid off;
> >>or (3) are waiting to report to a new wage or salary job within 30
> >>days. These persons would have an LFSR code of 3 or 4 in character 145
> >>of the person record. The unemployed includes job leavers, job losers,
> >>new job entrants, and job reentrants.
> >>
> >>a. Job Leavers. Persons who quit or otherwise terminate their
> >>employment voluntarily and immediately begin looking for work.
> >>
> >>b. Job Losers. Persons whose employment ends involuntarily, who
> >>immediately begin looking for work, and those persons who are already
> >>/on layoff.
> >>
> >>c. New Job Entrants. Persons who never worked at a full-time job
> >>lasting two weeks or longer.
> >>
> >>d. Job Reentrants. Persons who previously worked at a full-time job
> >>lasting two weeks or longer but are out of the labor force prior to
> >>beginning to look for work.
> >>
> >>3. Not in Labor Force. All civilians 15 years old and over who are not
> >>classified as employed or unemployed. These persons are further
> >>classified as major activity: keeping house, going to school, unable
> >>to work because of long-term physical or mental illness, and other.
> >>The ``other'' group includes, for the most part, retired persons.
> >>Persons who report doing unpaid work in a family farm or business for
> >>less than 15 hours are also classified as not in the labor force.
> >>
> >>For persons not in the labor force, data on previous work experience,
> >>intentions to seek work again, desire for a job at the time of
> >>interview, and reasons for not looking for work are asked only in
> >>those households that are in the fourth and eighth months of the
> >>sample, i.e., the ``outgoing'' groups, those which had been in the
> >>sample for three previous months and would not be in for the
> >>subsequent month.
> >>
> >>These items are asked in question 24; see the questionnaire facsimile.
> >>Such persons have an LFSR code of 5-7 in character 145 of the person
> >>record.
> >>
> >>Finally, it should be noted that the unemployment rate represents the
> >>number of persons unemployed as a percent of the civilian labor force
> >>16 years old and over. This measure can also be computed for groups
> >>within the labor force classified by sex, age, marital status, race,
> >>etc. The job loser, job leaver, reentrant, and new entrant rates are
> >>each calculated as a percent of the civilian labor force 16 years old
> >>and over; the sum of the rates for the four groups thus equals the
> >>total unemployment rate."
> >>http://www.bls.census.gov/cps/bglosary.htm
> >>
> >>Lastly, Jean, if the true unemployment rate in the United States is
> >>9.7%, would you care to explain why Howard Dean and Nancy Pelosi have
> >>not bothered to inform the electorate of that fact???
> >>
> >>Jeff
> >>
> >>"The moonbats bark thrice at midnight."
> >
> >
> >
> >
> > I don't see anything in the above that says Germany calculates
> >who's unemployed the same way as the US, or anything that says
> >any such rules if they exist are followed in practice. "Sample
> >survey" doesn't mean that all sample surveys are the same
> >worldwide.
> >
> > It seems damnably hard to get a straight answer on the web for
> >this issue, maybe because there's a lot of subjectivity inherent in
> >the question. Here's one example:
> >
> >=====================================
> >
> >The great untold story of the American economy in the 1990s is the
> >disguised high rate of unemployment and its direct impact on
> >stagnating living standards. Properly calculated, our rate of
> >joblessness is well into double digits. No wonder workers have no
> >bargaining power to get their share of an increasingly productive
> >economy.
> >
> >Among economists, a debate rages on why earnings inequalities began to
> >rise rapidly and real median wages started to fall a quarter century
> >ago. Some blame a technological shift that cut demand for uneducated
> >labor while boosting the demand for those with greater education and
> >skills. Others identify global "factor price equalization"--in an open
> >global economy overseas workers with comparable skills but lower wages
> >are forcing the wages of Americans down.
> >
> >What's left out of this lengthy, if inconclusive, debate is the role
> >played by the slack economic environment in which these two forces
> >have been operating. While each is real, their impacts would have been
> >very different if they had operated in an environment of labor
> >shortages rather than one of vast labor surplus. The U.S. economy has
> >been celebrated for creating tens of millions of jobs during the past
> >two decades. But properly counted, our true unemployment rate is no
> >better than Europe's. And nothing keeps wages from rising like a large
> >pool of idle or underemployed workers.
> >
> > from:
>
>http://www.prospect.org/web/page.ww?section=root&name=ViewPrint&articleId=4
953
> >=====================================
> A left wing myth. I'll ask you what I asked Jean. If the US
> unemployment rate is 9.7%, why haven't Howard Dean and Nancy Pelosi
> bothered to mention that fact? Where is Hillary Clinton, now that you
> need her? Did the Bushie BLS pull the wool over John Kerry's eyes?
>
> "The moonbats bark thrice at midnight."


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