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I skimmed the article, so I may have missed it, but the article doesn’t seem to mention that official numbers exclude long-term discouraged workers. Apparently

I skimmed the article, so I may have missed it, but the article doesn’t seem to mention that official numbers exclude long-term discouraged workers. Apparently they were removed from official numbers in 1994. http://www.shadowstats.com/alternate_data/unemployment-charts http://www.shadowstats.com/alternate_data/unemployment-chart...

adventured 9y ago
The US - the BLS - commonly tracks multiple variations of employment. The two most common are the U3 and U6. They're very well known and easily accessible. Just punch in "u6 unemployment rate" into Google.
rockinghigh 9y ago
U3 is the official unemployment rate but U5 and U6 numbers include discouraged workers.
icantdrive55 9y ago
1. I thought the government included these people in their questionable statistics. I don't doubt what you say though. Those unemployment have always baffled me. If they were rigged, I wouldn't be suprised. 2. My biggest gripe is anyone with eyes knows certain sectors of the economy are doing well, but it's still dismal out there. So many union jobs were just obliterated. 3. That "abled bodied, but not working number" is so high. I believe it's higher than ever? Higher than when women had the luxury of staying home to raise their kids? 4. I constantly remember Janet Yellen commenting on that sticky unemployment number of people who just weren't working. Why? We all knew why. 5. Yes--some gave up, but so many of the jobs being are just aweful. Slick Tech firms getting desperate people to use their vechicle to carry the wealthy around, deliver their toys, and put their food on the doorstep. All Independent Contractors of course. Daddy needs to make his nut, and live like them? Be more foxy than the next guy, but talk a liberal game. And so many really lousy jobs. Jobs that immigrants are passing on. So good luck America. This is the lovely new economy. The poor catering to the wealthy. Maybe it's always been this way, but in the past, it wasen't so noticeable. There was a time where being the cleverest rat wasen't cool. Now they put them on a stage? I pity the day the the money runs dry in tech. I guess most of you will have a spare room to retreat to? Big Head got elected because he said what everyone was seeing with their own eyes, especially in reguards to the horrid economy. Absolutely nothing has changed in 420 days. Nothing. If anything he's just making it worse. What I find more depressing the wealthy have brainwashed people into thinking this is all just fine, and dandy. Let's help out those poor people that country. "What you're better than them?" Being a American has always been about denial. That is what use to make living here feel like a dream. The dream is diluted, and their will never be a revolt. Cheap tech, and a questionable educational system solved that minor worry that used to keep the wealthy boys on edge. "Just put a spin on the abuse. They won't notice. Even if they catch on, what power do they have?"

adventured 9y ago

The US - the BLS - commonly tracks multiple variations of employment. The two most common are the U3 and U6. They're very well known and easily accessible. Just punch in "u6 unemployment rate" into Google.

rockinghigh 9y ago

U3 is the official unemployment rate but U5 and U6 numbers include discouraged workers.

icantdrive55 9y ago

1. I thought the government included these people in their questionable statistics. I don't doubt what you say though. Those unemployment have always baffled me. If they were rigged, I wouldn't be suprised. 2. My biggest gripe is anyone with eyes knows certain sectors of the economy are doing well, but it's still dismal out there. So many union jobs were just obliterated. 3. That "abled bodied, but not working number" is so high. I believe it's higher than ever? Higher than when women had the luxury of staying home to raise their kids? 4. I constantly remember Janet Yellen commenting on that sticky unemployment number of people who just weren't working. Why? We all knew why. 5. Yes--some gave up, but so many of the jobs being are just aweful. Slick Tech firms getting desperate people to use their vechicle to carry the wealthy around, deliver their toys, and put their food on the doorstep. All Independent Contractors of course. Daddy needs to make his nut, and live like them? Be more foxy than the next guy, but talk a liberal game. And so many really lousy jobs. Jobs that immigrants are passing on. So good luck America. This is the lovely new economy. The poor catering to the wealthy. Maybe it's always been this way, but in the past, it wasen't so noticeable. There was a time where being the cleverest rat wasen't cool. Now they put them on a stage? I pity the day the the money runs dry in tech. I guess most of you will have a spare room to retreat to? Big Head got elected because he said what everyone was seeing with their own eyes, especially in reguards to the horrid economy. Absolutely nothing has changed in 420 days. Nothing. If anything he's just making it worse. What I find more depressing the wealthy have brainwashed people into thinking this is all just fine, and dandy. Let's help out those poor people that country. "What you're better than them?" Being a American has always been about denial. That is what use to make living here feel like a dream. The dream is diluted, and their will never be a revolt. Cheap tech, and a questionable educational system solved that minor worry that used to keep the wealthy boys on edge. "Just put a spin on the abuse. They won't notice. Even if they catch on, what power do they have?"