4 ms·

Totally wrong! The employment population ratio age 25-54, just climbed out of a sewer where it has wallowed BELOW the lowest gross employment ratio since the r

Totally wrong! The employment population ratio age 25-54, just climbed out of a sewer where it has wallowed BELOW the lowest gross employment ratio since the recession bottom in 1992! Unemployment has been HORRIBLE since Bush left office! https://fred.stlouisfed.org/series/LNS12300060 https://fred.stlouisfed.org/series/LNS12300060 You read too many Clinton-era Arkansas lies. Clinton's racist "discouraged workers" unemployment stats - that only racists quote - says that poor people and minorities don't matter and a lack of jobs for them is their own dang fault, due to a lack of internsl motivation! signed - another Democrat.

reallydude 8y ago
It's interesting how there's so much "information" about how well the employment rate was over the last 10 years, but everyone knows people who became/are unemployed (or part time only employed). Somehow every just assumes it's a localized situation to them, despite the ubiquity across observers. Part of it is the misinformation, but is that the only factor in the strength in the mischaracterized narrative? This still puzzles me.
- SketchySeaBeast 8y ago
  Assuming the unemployment rate is > 0%, shouldn't you know someone who's unemployed, just by the logic that there are unemployed people, and you know people?
  - gbear605 8y ago
    You wouldn’t have to know people, but yes there’s a good chance of it. For example, consider if the unemployment rate is 1/300,000,000 (ie. One person in the US is unemployed). Then only the people that know that one person would know an unemployed person. However, the percentage is high enough that everyone should expect to know a couple unemployed people. If the rate is 3% and everyone knows 200 people well enough to know their employment status, then you should expect to know 6 unemployed people.

4 ms·

Totally wrong! The employment population ratio age 25-54, just climbed out of a sewer where it has wallowed BELOW the lowest gross employment ratio since the r

by systemBuilder 8y ago

reallydude 8y ago
It's interesting how there's so much "information" about how well the employment rate was over the last 10 years, but everyone knows people who became/are unemployed (or part time only employed). Somehow every just assumes it's a localized situation to them, despite the ubiquity across observers. Part of it is the misinformation, but is that the only factor in the strength in the mischaracterized narrative? This still puzzles me.
- SketchySeaBeast 8y ago
  Assuming the unemployment rate is > 0%, shouldn't you know someone who's unemployed, just by the logic that there are unemployed people, and you know people?
  - gbear605 8y ago
    You wouldn’t have to know people, but yes there’s a good chance of it. For example, consider if the unemployment rate is 1/300,000,000 (ie. One person in the US is unemployed). Then only the people that know that one person would know an unemployed person. However, the percentage is high enough that everyone should expect to know a couple unemployed people. If the rate is 3% and everyone knows 200 people well enough to know their employment status, then you should expect to know 6 unemployed people.