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> That's entirely incorrect. We track all of these layers in fact. No....it is entirely correct. The unemployment rate that was quoted was exactly as I describ

by darawk 8y ago

> That's entirely incorrect. We track all of these layers in fact. No....it is entirely correct. The unemployment rate that was quoted was exactly as I described. I didn't say the other statistics weren't tracked, I said the statistic quoted above, and the thing commonly referred to as "the unemployment rate" does not count it.

shard972 8y ago
Stop being obtuse, it's not like the first guy specifically said "The U3 unemployment rate". The point he was making though can be made even if the OP was referencing U3 which is if the fundamentals are looking better for employees (Which can be inferred from improving U3 numbers) then why are we seeing higher homelessness?
- darawk 8y ago
  > Stop being obtuse, it's not like the first guy specifically said "The U3 unemployment rate". Are you seriously trying to insist that he could possibly have meant anything other than U3? The common meaning of 'unemployment rate' is U3. Google 'current unemployment rate' right now, and Google will tell you 3.7. Aka U3. > The point he was making though can be made even if the OP was referencing U3 which is if the fundamentals are looking better for employees (Which can be inferred from improving U3 numbers) then why are we seeing higher homelessness? Because the population looking for work and the population falling into homelessness are not the same population! Which is exactly the point I was making about U3. There is a massive population that has left the workforce completely, many of them are subsisting on disability or some other unknown way. It is highly likely that those people are the ones primarily falling into homelessness.
maxerickson 8y ago
You said "People who aren't looking at all don't show up in the statistics." Why would a reasonable reader assume that "statistics" means "specifically U3 unemployment"?
- darawk 8y ago
  Because the standard meaning of 'unemployment rate' is 'U3 unemployment rate'. I and many other people believe that it shouldn't be that way, but it is. When people quote 'the unemployment rate', they mean 'U3', without exception.

by darawk 8y ago

shard972 8y ago

Stop being obtuse, it's not like the first guy specifically said "The U3 unemployment rate". The point he was making though can be made even if the OP was referencing U3 which is if the fundamentals are looking better for employees (Which can be inferred from improving U3 numbers) then why are we seeing higher homelessness?

darawk 8y ago
> Stop being obtuse, it's not like the first guy specifically said "The U3 unemployment rate". Are you seriously trying to insist that he could possibly have meant anything other than U3? The common meaning of 'unemployment rate' is U3. Google 'current unemployment rate' right now, and Google will tell you 3.7. Aka U3. > The point he was making though can be made even if the OP was referencing U3 which is if the fundamentals are looking better for employees (Which can be inferred from improving U3 numbers) then why are we seeing higher homelessness? Because the population looking for work and the population falling into homelessness are not the same population! Which is exactly the point I was making about U3. There is a massive population that has left the workforce completely, many of them are subsisting on disability or some other unknown way. It is highly likely that those people are the ones primarily falling into homelessness.

maxerickson 8y ago

You said "People who aren't looking at all don't show up in the statistics." Why would a reasonable reader assume that "statistics" means "specifically U3 unemployment"?

darawk 8y ago
Because the standard meaning of 'unemployment rate' is 'U3 unemployment rate'. I and many other people believe that it shouldn't be that way, but it is. When people quote 'the unemployment rate', they mean 'U3', without exception.