Real Unemployment Rate?

stephen_hannibal

kuzi16

unemployment has to do with the number of people actively seeking a job. there are hundreds of thousands of people that have given up looking. since they are no longer looking they are not counted.

gmill880

Unemployment in the county I live in is the 4th highest in NC at 15.9 % !!! Makes me even more thankful for hooking back up with my old company !!!

jsnake

Government propaganda at its best. Economy is getting better but we lost 85,000 more jobs in December alone. How does that work? My employer is laying off thousands. I don't see sh#t getting better and neither does anyone I know living in the real world.

dennisking

In Oregon, you are only considered unemployed for the first 90 days, then they quit counting you. If we have a stated unemployment rate of 10% and that's only for people in the first 90days of unemployment, how many are on that list that have been unemployed longer. More like 25%

jsnake

I don't get state unemployment so I don't think we are even counted. My employment comes from the Railroad Retirement Board which we pay into. I get less then people on state unemployment but that is just how it is.

kaspera79

Also not included in the unemployment rate is the " under-employed ".. Highly skilled People who have exhausted their benifits and have since taken much lower paying jobs just to survive, Such as Doctors who end up driving a taxi , or, people who are on staff as Temp workers but only get called a few times a month.

cabinetmaker

kaspera79:

Also not included in the unemployment rate is the " under-employed ".. Highly skilled People who have exhausted their benifits and have since taken much lower paying jobs just to survive, Such as Doctors who end up driving a taxi , or, people who are on staff as Temp workers but only get called a few times a month.

Unfortunately, then only growth area is Gov't work who we all get to pay for.

phobicsquirrel

kuzi16:

unemployment has to do with the number of people actively seeking a job. there are hundreds of thousands of people that have given up looking. since they are no longer looking they are not counted.

Yeah, the number is very optimistic. Some reports say it's around 17%. I find it very saddening that companies are still letting people go and even though a bunch are bringing in great profits are still not hiring. Good thing is around me, I see a lot of projects going on.

phobicsquirrel

cabinetmaker:

kaspera79:

Also not included in the unemployment rate is the " under-employed ".. Highly skilled People who have exhausted their benifits and have since taken much lower paying jobs just to survive, Such as Doctors who end up driving a taxi , or, people who are on staff as Temp workers but only get called a few times a month.

Unfortunately, then only growth area is Gov't work who we all get to pay for.

Why would you say unfortunate? People are working, and bringing home paychecks. Govt has always been the first to employ after the economy takes a dump. I wish obama would have done with FDR did, but put the pressure on private industry which is still taking it's time. Though "green" jobs and manufacturing might be coming back which is great news. I have hope, there's still 2/3rds left of the stimulus to come out. I still have a job and though they just spent billions buying a network, they have been cutting back A LOT! But I doubt CEO pay has been cut. Makes me very mad, very mad. At least I got my promotion and am getting my yearly raise, and a bonus but for a company to make huge profits and to buy a network for billions to whine about the budget is very pathetic. One of the things that really pisses me off is that during the summer and even the start of 09 they hired a bunch of contractors but as of a month or so ago laid almost all of them off. I would be devastated if I just got hired then was told to take a hike. I really hope things start to rebound soon.

kuzi16

phobicsquirrel

kuzi16

phobicsquirrel

The people who handle these huge companies don't know how to run a company, that's why they failed. They know how to make share holders happy. And there are many people who can handle a multi bilion dollar company. AIG bonus's 120 plus million dollars (let's not forget about years prior to 09), well it would certainly help. I know your all about the big business and all so no reason to even argue with you, but if these companies knew a thing about running a business, then they wouldn't have needed 700 plus billion dollars given to them, then go and use that money to continue the same practices. Firing people isn't a solution.

phobicsquirrel

And I might add, sure taking pay cuts suck, but if your making thousands of dollars more than your employees then maybe a small cut would be a good idea. I've had several conversations with local biz owner's who have done just that. Though they aren't million dollar companies, but taking a bit less so another can keep their job is what a lot of caring people would do. Now if the biz was not really able to handle it then an owner needs to do what is best but there needs to be some effort.

kuzi16

Vulchor

Well stated Squirrel. Its a very real thing, and we must come to grips than things like "business ethics", whiile joked about for years are truly now an oxymoron. We should all get together for cigars and watch the movie Wall Street. Personal gain and responsibilty are of the day, fellowship and care for your fellow man has died. Except for evangelical churches, but I think the "god wants you to be rich" idea is even prevalent amongst those cults as well.

Krieg

Vulchor:

Well stated Squirrel. Its a very real thing, and we must come to grips than things like "business ethics", whiile joked about for years are truly now an oxymoron. We should all get together for cigars and watch the movie Wall Street. Personal gain and responsibilty are of the day, fellowship and care for your fellow man has died. Except for evangelical churches, but I think the "god wants you to be rich" idea is even prevalent amongst those cults as well.

So are you saying being rich is a bad thing? Not quite sure what you mean here. I said it once, and I'll say it again, I never got a job from a poor person.

Krieg

jsnake

Krieg

cabinetmaker

stephen_hannibal

cabinetmaker