shirgall Posted March 9, 2015 Posted March 9, 2015 Explain something to me. I offer my job to anyone who says they're unemployed or aren't working. This happens several times a day. Not one person has taken the offer in over 10 years. So what the hell does "Unemployment" even mean? Earlier in the thread we talk about this very topic by taking apart the BLS's definition. Give it a look.
DarkJello Posted March 10, 2015 Posted March 10, 2015 Yeah "progressives" amirite?? I mean, they are just about to save us... from all the dangers.
2bits Posted March 11, 2015 Posted March 11, 2015 If you aren't a progressive, you just hate progress.
Alan C. Posted April 3, 2015 Author Posted April 3, 2015 Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low 56,131,000 Women Aren’t In the Labor Force, A Record High
Alan C. Posted May 8, 2015 Author Posted May 8, 2015 Americans Not In The Labor Force Rise To Record 93,194,000 Record 56,167,000 Women Not in Labor Force; Women's Participation Rate Matches 27-Year Low
Nathan Metric Posted May 21, 2015 Posted May 21, 2015 These unemployment statistics have the same fallacy that crime statistics have. They completely misunderstand the nature of the state. Crime statistics only count private crimes. Not the crimes of the state. Once you factor in the government as an agent of violence than any rational discussion on violence statistics goes out the window. Same with unemployment rates. Unemployment statistics only count people not working. It doesn't care whether the work the people are doing is productive or not. Once you factor in the fact that government employees are useless or outright destructive you'd realize the real unemployment rate is not 4 percent, or 6.6% or 7.7%. It's more like 50%. Sorry, but joining the MAFIA doesn't count as being employed.
Alan C. Posted July 2, 2015 Author Posted July 2, 2015 Record 93,626,000 Americans Not in Labor Force; Participation Rate Declines to 62.6% Almost a half-million people in a matter of months. Government claims unemployment rate is 5.3%
mlsv2f Posted July 9, 2015 Posted July 9, 2015 http://www.bloomberg.com/news/videos/2015-07-09/s-p-falling-by-20-percent-may-prompt-qe4-faber-says?cmpid=yhoo QE4? At what point do people start to see that the market and economy are not healthy at this point, and by pumping printed/borrowed money into it won't change things? Didn't P. Schiff call this?
Alan C. Posted July 9, 2015 Author Posted July 9, 2015 At what point do people start to see that the market and economy are not healthy at this point, and by pumping printed/borrowed money into it won't change things? Didn't P. Schiff call this? I don't expect people to come to that realization. The inmates are running the asylum. Peter Schiff has been predicting QE4 for some time, as have several other investors who understand Austrian economics.
st434u Posted July 9, 2015 Posted July 9, 2015 Another thing is that because of Obamacare, -which makes companies pay big additional taxes if they have more than 50 full-time employees-, a lot of businesses have fired full-time workers and hired multiple part-time workers instead. Assuming a worker gets two 20-hour-a-week jobs instead of one 40-hour-a-week job, with the same hourly pay, he is now working a lot more to make the same money because he has to spend time travelling from one job to the other, changing to the appropriate clothes they must wear at each, etc. But another thing that happens is that the US has now become a "job-sharing" country. So if there's only one job available and two workers who want it, instead of one worker having a full-time job, and the other being unemployed, what you get is that the two people each get their share in half of the job, and half of the pay. So both of them count as employed as far as the labor statistics go, but none of them are really bringing home a decent income.
mlsv2f Posted July 9, 2015 Posted July 9, 2015 http://www.advisorperspectives.com/dshort/updates/Full-Time-vs-Part-Time-Employment.php Good Article above on Full vs. Part time
Alan C. Posted August 7, 2015 Author Posted August 7, 2015 Record 56,209,000 Women Not in Labor Force July’s figures represented an uptick of 124,000 over June’s level of 56,085,000 women who were out of the workforce.. . .The month of July also saw a record 93,770,000 Americans not participating in the labor force.
shirgall Posted August 7, 2015 Posted August 7, 2015 http://legalinsurrection.com/2015/08/everything-you-need-to-know-about-the-july-jobs-report-in-one-chart/
Alan C. Posted September 4, 2015 Author Posted September 4, 2015 Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month
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