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The REAL Unemployment Numbers are Sickening

24 durable postsStarted 2009-05-08Latest 2009-05-14
#70213Post 1 of 24

Turns out the real unemployment numbers are around 16% by now. In this article it was 15.6% over a month ago. Puts us just 10% away from great dpression numbers where there were only 120,000,000 people in the US compared to over 300,000,000 now.

So great depression there were [B][U]30,000,000[/U][/B] people out of work Today there are nearly[U][B] 50,000,000[/B][/U] people out of work

[URL]http://articles.moneycentral.msn.com/learn-how-to-invest/The-real-unemployment-rate.aspx[/URL]

#1214794Post 2 of 24

Re: The REAL Unemployment Numbers are Sickening

fuck this country. i just spent two years abroad and was told by the state of MA that they won't do anything to help me out financially even though i paid my taxes here while i was abroad. meanwhile, i can't find work here, but easily snatched up another job overseas that starts in august. did I mention France gave me some extra cash while I was there because of the shit economy and i'm not even an EU citizen? fuck this country and its economy. i think i'm going to emigrate. MA wants to increase sales tax now too. what a fucking mess

#1214796Post 3 of 24

Re: The REAL Unemployment Numbers are Sickening

^So your french or american?

#1214800Post 4 of 24

Re: The REAL Unemployment Numbers are Sickening

i'm american.

#1214811Post 5 of 24

Re: The REAL Unemployment Numbers are Sickening

^have at least a bachelors degree?

#1214814Post 6 of 24

Re: The REAL Unemployment Numbers are Sickening

yea, last time i checked. unless the go'vt took it and gave it to some bank or auto company

#1214893Post 7 of 24

Re: The REAL Unemployment Numbers are Sickening

[QUOTE=runningman;746080]Turns out the real unemployment numbers are around 16% by now. In this article it was 15.6% over a month ago. Puts us just 10% away from great dpression numbers where there were only 120,000,000 people in the US compared to over 300,000,000 now.[/URL][/QUOTE]

What makes you "sickened" about America's unemployment rate? What's Canada's?

#1215048Post 8 of 24

Re: The REAL Unemployment Numbers are Sickening

we are getting our asses kicked as well. 8% They say but that doesn't count BC. BC 50% of people out there grow marijuana and sell it to the US.

#1215080Post 9 of 24

Re: The REAL Unemployment Numbers are Sickening

^what, seriously?

#1215085Post 10 of 24

Re: The REAL Unemployment Numbers are Sickening

^ u prob wouldn't have heard this b4 floridaorange, but huge profit is made off cannabis cultivation in canada.

#1215087Post 11 of 24

Re: The REAL Unemployment Numbers are Sickening

^HEY LC! That's interesting!

RM, 50% of the BC population grows pot?

#1215089Post 12 of 24

Re: The REAL Unemployment Numbers are Sickening

^ lol, what did u mean when u typed, "what i know about bc bud i wont disclose here" before edit?

#1215091Post 13 of 24

Re: The REAL Unemployment Numbers are Sickening

*Here's something I don't know, is pot more commonly smoked in Canada than the US?

#1215102Post 14 of 24

Re: The REAL Unemployment Numbers are Sickening

Almost everyone in Canada smokes pot.. I don't know about 50% but I bet it is a really high number grows it and sells it to the US and throughout Canada. BC pot has a reputation in Canada as the best pot in the world.

#1215182Post 15 of 24

Re: The REAL Unemployment Numbers are Sickening

it also has that reputation here my friend... 8)

i wonder how serious california is about legalizing bud. i wonder what the bi-state laws would be... that has actually become quite a big discussion lately.... surprisingly.

about the unemployment rate, its not good. i'm still sitting back waiting to see how congress decides to spend the budget which could really affect my job. i hope things get better for everyone soon.

#1215249Post 16 of 24

Re: The REAL Unemployment Numbers are Sickening

[quote=tiddles;746086]fuck this country. i just spent two years abroad and was told by the state of MA that they won't do anything to help me out financially even though i paid my taxes here while i was abroad. meanwhile, i can't find work here, but easily snatched up another job overseas that starts in august. did I mention France gave me some extra cash while I was there because of the shit economy and i'm not even an EU citizen? fuck this country and its economy. i think i'm going to emigrate. MA wants to increase sales tax now too. what a fucking mess[/quote]

you should

#1215531Post 17 of 24

Re: The REAL Unemployment Numbers are Sickening

Does anyone have a update on this link. In my managerial economics class everyone states how are unemployment rate is actually no that bad compared to the great depression. However, I always try to state that people who work an hour week are considered employed and that current employement is highly overstated. I would like to see how they calculate that statistic.

#1215549Post 18 of 24

Re: The REAL Unemployment Numbers are Sickening

[quote=srbbnd;746963]Does anyone have a update on this link. In my managerial economics class everyone states how are unemployment rate is actually no that bad compared to the great depression. However, I always try to state that people who work an hour week are considered employed and that current employement is highly overstated. I would like to see how they calculate that statistic.[/quote]

[url]http://www.bls.gov/news.release/pdf/empsit.pdf[/url]

There is the official report. Look at Table A-12 on page 19. The number the media reports is the U-3 number. U-6 is a much more accurate number which includes part-time workers wanting full time jobs, discouraged workers and marginally attached workers.

15.8%

#1215550Post 19 of 24

Re: The REAL Unemployment Numbers are Sickening

^Hey Lorn, thanks for this!

#1216235Post 20 of 24

Re: The REAL Unemployment Numbers are Sickening

So what was the method used to determine unemployment in the Great Depression? Were part time workers considered employed?

#1216291Post 21 of 24

Re: The REAL Unemployment Numbers are Sickening

[quote=floridaorange;746209]What makes you "sickened" about America's unemployment rate? What's Canada's?[/quote]

Fuck Canada..... what's his beloved France's unemployment rate? :lol:

#1216395Post 22 of 24

Re: The REAL Unemployment Numbers are Sickening

they just sip wine and make out under the eiffel tower all day

#1216528Post 23 of 24

Re: The REAL Unemployment Numbers are Sickening

[quote=srbbnd;747749]So what was the method used to determine unemployment in the Great Depression? Were part time workers considered employed?[/quote]

Here are some links to the BLS website.

[URL]http://www.bls.gov/opub/hom/homch2_a.htm[/URL]

[URL]http://www.bls.gov/opub/cwc/cm20030124ar03p1.htm[/URL]

I don't think they answer your question specifically. Seems the methods used today were just being developed back then.

Here is a pdf with data back to 1940. Oldest I could find on the site.

[url]http://www.bls.gov/cps/cpsaat1.pdf[/url]

#1217128Post 24 of 24

Re: The REAL Unemployment Numbers are Sickening

[quote=runningman;746453] BC pot has a reputation in Canada as the best pot in the world.[/quote]

pot war! we have better bud here in seattle. you can keep it!

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