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Forum Post: Unemployment

Posted 12 years ago on March 2, 2012, 10:26 p.m. EST by richardkentgates (3269)
This content is user submitted and not an official statement

http://behavioraleconomy.gallup.com/2012/03/gallups-unadjusted-unemployment-data.html

11 Comments

[-] 0 points by badlimey (48) 12 years ago

This chart is not worth the virtual paper it is printed on, neither for that matter are the reports on inflation. Propaganda and Bullshit.

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[-] 2 points by Faithntruth (997) 12 years ago

"A third factor that affects the unemployment rate might involve shifts taking place in the size of the workforce. If Americans seeking work get discouraged and drop out of the workforce in large numbers, it is likely to reduce the unemployment rate. This appears to have happened at various points in the past. Gallup's measurement of the participation rate -- the percentage of Americans in the workforce -- shows a decline to 67.6% in February from 68.2% in January."

That is from the webpage. For decades, the government has reported unemployed as those collecting unemployment, not people who are jobless. And the number of employed is known every year through tax retuns (excluding those who dont report income, of course) so why dont they dont publish that?

The bigger question is what is happening to the types of jobs we work, and the take home pay we recieve.

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[-] 0 points by badlimey (48) 12 years ago

And they don't include food or energy costs when reporting inflation. We all know what's happened to gas prices. A 2 liter bottle of soda (Walmart Brand) has gone form 64 cents to 84 cents in two months. I could mention dozens of other grocery items too that have dramatically increased in price.

Many of the rises in food prices occurred well ahead of the rise in gas prices.

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[-] 1 points by Faithntruth (997) 12 years ago

I did not know that. Still, the rate of change for both unemployment and inflation is enough to demonstrate trends since the data is compared to itself.

Business always raises prices ahead of a known event. They do not lower prices before the event has played out, so every negative event actually increases their profits. Look at the oil companies and Katrina, for example...

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[-] -1 points by BlackSun (275) from Agua León, BC 12 years ago

Great! 4 more years!

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[-] 1 points by richardkentgates (3269) 12 years ago

lol. You actually think any of them are at the wheel? good stuff.

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[-] 1 points by factsrfun (8310) from Phoenix, AZ 12 years ago

So you have decided to go ahead and get political, I do think the GOP is the wrong party to be backing though.

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[-] 1 points by richardkentgates (3269) 12 years ago

I'm pretty sure by this point that you're not old enough or so new to any of this that you aren't in a position to be as bold. I'm not interested in having you chase me around making issues about me. I do hope you find this experience educational and wish you luck.

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[-] 1 points by factsrfun (8310) from Phoenix, AZ 12 years ago

so you're the"gates" I've been hearing about...good-bye have a nice day....

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[-] 0 points by Dell (-168) 12 years ago

yea - stay the course - four more years lol!

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[-] 0 points by DevilDog420 (133) from Saratoga Springs, NY 12 years ago

It seems unemployment is slightly less right... but what about people off benefits and not working what about the elimination of decent paying jobs to minimum wage ones and or temporary or part time jobs with no benefits.

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