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Author Topic: WaPo: “If Unemployment Rate Included Those Who Want Jobs But Stopped Looking It Would Be 9.9% [Locked]
combat_mage_sc  4 stars
Title: Hi. My name is Combat and i'm an alcoholic.
Posts: 1,061
Registered: 2001-7-20 21:19:21
How dare the MSM lapdogs deny Chicago Jesus his latest miracle!


ROCKLEDGE, Fla. (WaPo) — The nation’s jobless rate has declined to its lowest level in three years, a fact that has left Jamie Bean, an unemployed air-conditioner repairman, feeling more left out than ever.

Bean, 36, lost his job in December. Now he is scrambling to keep up with child-support payments to his wife, who is also unemployed. “As it stands now, I can’t afford to get divorced,” he said, managing a wry smile.

Bean’s predicament is not unlike that of many people who have a high school education or less. Not only were they hit especially hard by the recession but they have continued losing ground in the recovery that has followed.

By disproportionate numbers, these Americans have given up looking for work, making the nation’s recovery appear better than it is. If the unemployment rate counted the 2.8 million people who want jobs but have stopped looking, it would sit at 9.9 percent rather than its current 8.3 percent.

http://www.washingtonpost.com/business/economy/unemployment-drop-still-leaves-low-skill-workers-behind/2012/02/05/gIQA5RSFvQ_story.html

 

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Ah-Schoo  4 stars
Title: Fuzzy Caterpillar of Friendliness
Posts: 3,034
Registered: 2000-8-11 09:05:29
We need to check in with Ollie on this one.

 

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Opinion = fact. Anecdote = proof. Political label more important than either of those.
Welcome to ACF, where debate goes to die.
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"fascist totalitarian secular progressive Zionist intellectually challenged Christian puppets." - Aerlinthina
Hawkson  4 stars
Title: I AM AN ASSASSIN (SHH)
Posts: 1,791
Registered: 2001-10-23 22:57:09
Ah-Schoo posted:

We need to check in with Ollie on this one.



And now we have Ollie Williams reporting in with what kind of post this is, Ollie?




It's a Poli-Troll!


Thanks, Ollie.

 

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Hawkson, Esq.
Nothing is true, everything is permitted.
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
There is almost 46 million people on EBT. The official unemployment numbers do not add up.
JD_HOGG  4 stars
Posts: 2,846
Registered: 2008-3-18 08:04:21
Why should we count quitters? America is all about winners.
tantallous  1 star
Title: Thought Police
Posts: 192
Registered: 2002-1-11 23:14:32
eh.. aside from Chigaco Jesus, there isnt anything poli-troll about this one. unless you are calling all of the current events type threads troll threads. i realize he posts a lot of crap. but this is decent information, with a fairly respectable source.

 

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Its what you just said, translated into guy speak and leaving out the unecessary parts
suntzukali2  3 stars
Posts: 551
Registered: 2002-1-23 02:48:55
1. top much outsourcing
2 technolgy
3 to many illegal aliens across the border

problem is never going away.

 

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The ultimate end of all revolutionary social change is to establish the sanctity of human life, the dignity of man, the right of every human being to liberty and well-being. Emma Goldman
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ikkoikki  4 stars
Posts: 1,964
Registered: 2009-2-8 10:34:47
Darn, so you're saying trickle down economics hasn't worked? The job creators aren't creating any jobs?

Darn. Oh well, capitalism is a failure, let's try communism now. Grab a hammer and sickle, comrades!

 

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Chicago Bulls: 43-13
post game gem from Joakim Noah: "We cannot play with our heads down and have a poo poo face. Sometimes we have a poo poo face."
Lithium_Power  2 stars
Title: I want my icon back....
Posts: 256
Registered: 2001-12-6 18:29:44
Maybe this has been covered but isn't the unemployment rate directly related to those who are collecting benefits?

So if your benefits have run out, you're not part of that # any more?

 

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Gaevren  4 stars
Title: Wat do?
Posts: 1,181
Registered: 2004-9-15 09:29:36
Lithium_Power posted:

Maybe this has been covered but isn't the unemployment rate directly related to those who are collecting benefits?

So if your benefits have run out, you're not part of that # any more?



I believe you are still part of that number as long as you're actively looking for work (whether or not you are receiving an unemployment check). Once you quit looking (discouraged, whatever) then you don't count in the numbers.

 

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