[Erawise]

The U.S. Bureau of Labor and Statistics released their monthly report on unemployment this morning .. and it's still way too high.

Table T01

Table T08

And Table 4 Table 4. Persons not in the labor force by age, sex, race, Hispanic or Latino ethnicity, desire for work, prior job search, and availability
for work, March 2011 (Source: Current Population Survey)
(Numbers in thousands) (not available online). This table shows about 60% of the disaffected workers, etc., not considered in labor force but definitely wanting work, the remainder having dropped off the grid. Ask the BLS for this table, they will e-mail it to you .. and ask them why they don't just publish a link to it for all to see! The current 60% number of disaffected workers stands at 6,250,000) The BLS "official" unemployment rate: 8.83%
The True Unemployment Rate: 14.62%

The true unemployment rate is found by adding the disaffected worker count of 10,417,000 (calculating 100% using 6,250,000, the 60% figure as a base) to the labor force in table T01 (153,406,000), then dividing that into the sum of the disaffected worker count and the "officially" unemployed count of 13,542,000 from Table T01 .. = 14.62%

The part time for economic and non-economic reasons count in T08 is up from the previous reporting period. More people are working inadequately part-time.

Salaries, I'm sure, are down, and a living-wage is hard to find.

Again, understand that the figures just released today are for the second week in February through the first week of March. It takes them three more weeks to tabulate the results .. which they released today.

Despite the smoke and mirrors of "creative accounting" numbers hiding and idealogues raving, the jobless recovery .. painfully continues.

[Reatclaplen]

Underemployment Rises to 20.3% in March



Underemployment Rises to 20.3% in March

[Erawise]

Underemployment Rises to 20.3% in March



Underemployment Rises to 20.3% in March

Yes, anyone singing "Happy Days Are Here Again" can't carry a truthful tune.

[ReggieRed]

You guys and your "unofficial employment rate" again. How about actually talking about the news instead of grasping at partisan straws in a futile attempt to tear down a POTUS doing a great job:

March jobs report: Jobs gain, unemployment falls - Apr. 1, 2011

NEW YORK (CNNMoney) -- Improvements in the job market may finally be taking hold, as strong business hiring last month brought the unemployment rate down to its lowest level in two years.

The economy gained 216,000 jobs in the month. That's better than the gain of 180,000 predicted by economists surveyed by CNNMoney, and also a significant improvement over the 194,000 jobs added in February.

"Almost two years after the recession officially ended, the labor market appears to finally be picking up," said Kathy Bostjancic, director of macroeconomic analysis for The Conference Board.

The unemployment rate continued to edge down, dropping to 8.8%, the lowest level since March 2009. The unemployment rate has shed a full percentage point in the last four months, the largest four-month drop since 1984.

[Reatclaplen]

Danny,

THATS BECAUSE THE UNDEREMPLOYMENT IS GOING UP...

The "official" number is goes down because people gave up looking, lost unemployment or took PT jobs.. the real unemployment is UNDEREMPLOYMENT which has RISEN...

[ReggieRed]

Danny,

THATS BECAUSE THE UNDEREMPLOYMENT IS GOING UP...

The "official" number is goes down because people gave up looking, lost unemployment or took PT jobs.. the real unemployment is UNDEREMPLOYMENT which has RISEN...

The graph I posted measures payrolls. There was a net increase of 200K private sector jobs. You can nitpick all you want at other extraneous data but the fact remains that the unemployed rate (the figure that is the standard to measure joblessness) dropped more during the last four months then at any point since 1984.

Pointing out that it's not enough only underscores just how failed the Republican policies of deregulation were that caused the recession. You may have duped Democrats into supporting those failed policies in the 90s under Clinton but today they know better. Republicans are still advocating deregulation, trickle down wealth and tax cuts for the rich. The Dems have learned. Why anyone in the country making less than 250,000/year would ever vote for a Republican is simply beyond comprehension.

[8cyVn4RJ]

The partisan hatred is so out of control. Unemployment rates are getting back to where they were when Obama took office, with this remarkable trend:



and yet there were no cries from the cons in 2008 about the "real" unemployment rate, even as it was screaming upwards.


A question to you partisan hacks: what do you think that this accomplishes, being so aggressively partisan all the time? What do you think this does to/for your country?

[Erawise]

You guys and your "unofficial employment rate" again. How about actually talking about the news instead of grasping at partisan straws in a futile attempt to tear down a POTUS doing a great job

Danny, I'm not "partisan".

I'm neither a liberal or a conservative, a Democrat or a Republican, not a mermber of any political party.

I don't have an ax to grind from a partisan perspective.

My concern is for all Americans to get their living-wage jobs back from the foundational loss-causes of illegal immigration and off-shoring American operations and labor to other countries.

The mathematics don't lie. The true unemployment rate is indeed 14.62%.

It doesn't matter whose been in the White House or in Congress -- for many decades the BLS has not counted the disaffected, discouraged workers in the unemployed count. The disaffected worker count, they admit, is, especially in recessionary times, quite understated, because when those being surveyed drop off the grid, the BLS stops counting them. I've spoken directly with a BLS agent. They're surprisingly very friendly and open about their information and their information gathering techniques.

I don't want to blame either Obama or the Repubs in the House for the mess we're in.

The conditions that got us here greatly originated in the Reagan administration chapter, as a combined effort of both the executive Republicans and the congressional Democrats.

Now is not the time for blame, but a time to find solutions.

But no one is going to look for solutions if they erroneously think the problem is "solving itself". It's not.

So I tell the truth .. that many don't want to hear.

But it's not to find blame .. but to encourage the finding of solutions.

That being said, anyone in any branch of power who is not doing anything of necessary state-of-emergency substance to solve the problem .. will receive me ire.

[Erawise]

The partisan hatred is so out of control. Unemployment rates are getting back to where they were when Obama took office, with this remarkable trend:



and yet there were no cries from the cons in 2008 about the "real" unemployment rate, even as it was screaming upwards.


A question to you partisan hacks: what do you think that this accomplishes, being so aggressively partisan all the time? What do you think this does to/for your country?

The partisan hatred does appear to be out of control .. in an equal amount to partisan idealization.

[8cyVn4RJ]

Danny, I'm not "partisan".

Shit, man, stop lying to yourself.

[flopay]

The graph I posted measures payrolls. There was a net increase of 200K private sector jobs. You can nitpick all you want at other extraneous data but the fact remains that the unemployed rate (the figure that is the standard to measure joblessness) dropped more during the last four months then at any point since 1984.

Is it really your position that as long as people are working and the numbers look good from a political perspective it really doesn't matter if every one of those 200K jobs pays minimum wage?

[Erawise]

Shit, man, stop lying to yourself.

Once again, you illustrate your contempt and idealization that is part and parcel of the cause of the mess we're in.

Your obvious compulsion to see devils where there are none is typical of the liberal v conservative bipolar conflict that so many Democrats and Republicans alike have succumbed to in mindset.

This is why we don't have solutions -- too many are engaged in useless liberal v. conservative bipolar conflict that stifles solutions and attempts to suckingly enmesh everyone else into their dramas.

I reject your false accusations ..

.. And I challenge you to see things as they truly are.

[8cyVn4RJ]

Once again, you illustrate your contempt and idealization that is part and parcel of the cause of the mess we're in.

Your obvious compulsion to see devils where there are none is typical of the liberal v conservative bipolar conflict that so many Democrats and Republicans alike have succumbed to in mindset.

This is why we don't have solutions -- too many are engaged in useless liberal v. conservative bipolar conflict that stifles solutions and attempts to suckingly enmesh everyone else into their dramas.

I reject your false accusations ..

.. And I challenge you to see things as they truly are.

Uhh, yeah. OK.




Partisan.

[Erawise]

Is it really your position that as long as people are working and the numbers look good from a political perspective it really doesn't matter if every one of those 200K jobs pays minimum wage?

Indeed a good point.

The other day a friend of mine had to cancel his car insurance, because though he's technically still "working", his contracting business is so way down, because most of his customers can't buy his product any more .. that he can't afford good levels of car insurance with a major firm.

So he got an AIS quote for state minimum .. with a minimum firm.

He's still "working".

For what it's poverty-level worth.

[Erawise]

Uhh, yeah. OK. Partisan.

Idealogues.

Once they're hooked .. they're gone for good.

A word to the wise people -- if you value your sanity and your ability to see clearly, stay out of the liberal v. conservative bipolar conflict paradigm.

It will eat your brain alive .. starting with the occipital lobes.

[8cyVn4RJ]

Is it really your position that as long as people are working and the numbers look good from a political perspective it really doesn't matter if every one of those 200K jobs pays minimum wage?

But isn't the conservative position (not necessarily yours) that if people aren't getting paid enough, it's because they're not working hard enough?

It's these people's fault, not our fault, not the company's fault, and surely not President Obama's fault, right?

[8cyVn4RJ]

Idealogues.

Once they're hooked .. they're gone for good.

A word to the wise people -- if you value your sanity and your ability to see clearly, stay out of the liberal v. conservative bipolar conflict paradigm.

It will eat your brain alive.

Non sequitur.

A nice post, but irrelevant. I'm the centrist here.

[JacksHH]

Idealogues.

Once they're hooked .. they're gone for good.

A word to the wise people -- if you value your sanity and your ability to see clearly, stay out of the liberal v. conservative bipolar conflict paradigm.

It will eat your brain alive.

I enjoy it when you put the unemployment numbers up every month, because it saves me the time to go digging into the Labor dept numbers to see what they're hiding to make it sound better this month.

Someone said that a conservative was more concerned with being wrong, and a liberal was concerned about feeling wrong. That sounds to me more of the reason why there's so much conflict than anything else.

[ReggieRed]

Danny, I'm not "partisan".
I'm neither a liberal or a conservative, a Democrat or a Republican, not a mermber of any political party.

I don't have an ax to grind from a partisan perspective.

A very noble position to hold, one that more people could benefit from.

The mathematics don't lie. The true unemployment rate is indeed 14.62%.

That may be true but if it were the most effective way of measuring unemployment then all the major news organizations would use this standard. I'm using the standard that allows us to compare easily between now and before.

Danny, I'm not "partisan".I don't want to blame either Obama or the Repubs in the House for the mess we're in.

You should want to blame the people responsible for the massive transfer of wealth and class warfare that has been going on for decades - the REPUBLICANS.

Now is not the time for blame, but a time to find solutions.

How can anyone find solutions when they don't even admit that an entire political party is pushing for the exact same policies that nearly destroyed the country (and the world) in the first place?

But no one is going to look for solutions if they erroneously think the problem is "solving itself". It's not.

It won't solve itself and it won't be solved with Republicans actively trying to tear down the POTUS above all else. Or worse actively trying to prevent recovery by slashing spending.

So I tell the truth .. that many don't want to hear....
But it's not to find blame .. but to encourage the finding of solutions.

I think the truth that people don't want to hear is that Republicans have dupped anyone making less than 250K per year into voting for them by using catchy soundbites and playing to their clueless base.

[8cyVn4RJ]

I enjoy it when you put the unemployment numbers up every month, because it saves me the time to go digging into the Labor dept numbers to see what they're hiding to make it sound better this month.

Someone said that a conservative was more concerned with being wrong, and a liberal was concerned about feeling wrong. That sounds to me more of the reason why there's so much conflict than anything else.

You are aware that the unemployment figures have been calculated in the same way for several administrations now, right?