Does anybody know what the rate is for federal unemployment tax is?

Im doing a project for a class, and cant seem to find it anywhere.

Does anybody know what the rate is for federal unemployment tax is?heart rate

Federal Unemployment (FUTA) rate of .8%

Countries have low unemployment rates because? countries have low literacy rates because?

countries have low unemployment rates because? countries have low literacy rates because?

Countries have low unemployment rates because? countries have low literacy rates because?credit counseling

In simple terms, low unemployment rate is because of 2 reasons - either the country%26#039;s economy is growing at a rate which can provide employment to all or the country%26#039;s total workforce is low so that everyone can find some work.

Countries hv low literacy rates because govt. is apathetic abt the cause of education and education policies are not effective so as to provide basic education to all sections ans stratas of society.

Countries have low unemployment rates because? countries have low literacy rates because?

loan

The question is too general to have a clear and concise economic answer|||education

Are unemployment rates still relatively high in the EU nations?

A few years back, some EU nations--Germany for example--had realtively high unemployment rates, like between 9-12%. Is it still that way and if so, why?

Are unemployment rates still relatively high in the EU nations?credit repair

Looks like they have mostly gone down.

Why is low unemployment rates good for the economy?

Im doing a research paper and just need to reasure myself the benefits in the economy and long term benefits of having low unemployment rates.

Why is low unemployment rates good for the economy?postage rate

Homer%26#039;s answer is correct, but within the frame of mainstream (in this case %26quot;New Classical%26quot;) economic theories.

It all revolves around the notion of %26quot;Non Inflation-Acceraling Rate of Unemployment%26quot;, which is a refinement of Milton Friedman%26#039;s models from the 70%26#039;s.

So if you accept these theories as best suited to represent reality, then unemployment can be too low.

You could also have a look at marxian theories, in which a %26quot;reserve army%26quot; of workers is needed to give capitalists more leverage in class struggle (basically, it helps keeping wages at the lowest possible level).

And you could also poke your nose into anthropological studies, and see that some societies actually %26quot;ban%26quot; unemployment completely by sharing work (the rationale behind that being that socialization happens through work, which makes keeping everyone busy fundamental). It means that the most numerous the people in the community, the less output each individual will have (but each individual will have the same amount of work counted in hours, they will just work more slowly).A widely documented case would be for example farmer communities in Madagasdar (but there are many others).

whether it%26#039;s good or not for the economy is more a matter of values and political choice than a positive statement.

Why is low unemployment rates good for the economy?

loan

Low unemployment rate = most people working, earning (and moreso spending) money.

More money into the coffers than coming out you might say.|||Usually unemployment rates are based on who%26#039;s collecting a check from the government. With low unemployment rate it means that more people are working and taking less cash from the government which means we have a stable economy.|||it means there are less people sitting on welfare or unemployment, and the government is collecting huge amounts of tax off working peoples cheques so they are happy.|||If more people work, more people pay taxes gives the governments (local and federal) more money.

If more people work, more people have money to buy things.

If more people buy things, companies will have to increase their supply which will add to more workers, unless you are Walmart.|||Well turn that around. Would high unemployment rate be good for the economy?

A low unemployment rate means that there is a demand for workers. This is typical in an economy that is expanding.

I would compare the United States Growth rate and unemployment levels to the EU over the same time frame.|||more people working=

less poor=

more spending on goods|||The economy is not an abstract object but is how people earn their livelihood. High unemployment rates are bad because they are bad for the unemployed people and because they waste labor resources. The negative effect show as a lower GDP because some good and services that could be available are not being produced|||I can%26#039;t believe how INCOMPLETE the previous answers are.

True, low unemployment means more output, more income, more consumption, less poverty, less need for welfare payments, etc. One aspect not touched on by anyone else is the relationship between employment and crime. Crime and the associated costs are lower when unemployment i low and economic growth high. However, the exact nature of thi correlation is still contentious.

HOWEVER, unemployment can be TOO low. When this happens it creates inflation because employers have to continually raise wages to poach employees of other firms, which creates all of the problems that inflation creates (i.e. contracting, planning, wealth transfer, etc). In addition, since firms have to expend more resources on retaining and attracting employees, they spend less effort on doing whatever it is that they do. Consequently, the inefficient use of resources results in less innovation, slower productivity growth, less consumer choice, and other similar evils.

In addition, if unemployment is measured as it is in the US, it does not capture the presence or effect of under-employment or discouraged workers (those that choose to leave the labor force). Thus, a low employment rate can mask the beneficial (or lack there of) nature of existing employment.|||Low unemployment rate in a country signifies high GDP. This means the Gross Domestic Product of the country is high enough that people/citizens have enough purchasing power as well as power to produce. This, in someway affects the Gross National Product as well.|||the more people that are working= the more money the government makes. simple.

Are bush's and the republican party's claims of a significant decrease in rates of unemplo

How can the public know what effect that bush%26#039;s economy is having on the US workforce when their data is slanted and incomplete?

Its only those who are actually receiving funding that are counted in those unemployment rates.

The Criteria that American workers have to meet to be allowed to file for unemployment is:

1. Employed for 6 quarters in the last two years to an employer (18 months).

2. Not worked in another state in the past 18 months.

3. Not filed for unemployment in another state in the last year.

Most unemployment funds will run out within six months and it requires the actually payment of funds to be counted on unemployment rates so those workers who are still unemployed when those fund are depleted will no longer be counted as unemployed even though they are not working.

Both the employer or government can contest the payment of unemployment and when a worker is unemployed they have have little money to fight unethical practices.

So we may never know!

Are bush%26#039;s and the republican party%26#039;s claims of a significant decrease in rates of unemployment a valid claim?honda finance

Apparently so. But that is only because the index does not measure some important elements:

-- salary, so that when someone loses a union job and winds up working for minimum wage, s/he is counted as employed, as before

-- when someone stops looking for work, counting stops

-- those pushed into illegal, untaxed work are not counted

-- the fact that the wealthy are better off but the middle class is shrinking is not taken account of

Are bush%26#039;s and the republican party%26#039;s claims of a significant decrease in rates of unemployment a valid claim?

loan

Ask the government to show the real picture of unemployment,

Make a petition by gathering signatures from people, and

Lead protest actions for this purpose.|||Of course you will never know. That is the plan. Bush is the first president to have a net loss of jobs while in office since Herbert Hoover. The rich have gotten richer and everyone else has lost ground under this administration.|||He can give to the public wrong data, similar to his friend who worked in Enron.|||There%26#039;s plenty of jobs...at McDonald%26#039;s. The earning power (adjusted for inflation) of the wage earner has declined steadily since 1973, but especially under regimes like Bush%26#039;s, and under these regimes the rich get richer and the middle class disappears. So do the unions. Yet, these trailer park red staters vote against there own interests because Bush reads the bible.

I%26#039;m NOW against democracy because too many STUPID people vote. (just kiddin%26#039;).

But they ARE stupid.|||no - they paint a bright picture of a gloomy reality - bush says his policies are good but they make his rich friends richer and the rest poorer %26lt;%26lt;Enron%26gt;%26gt; plus he turns a blind eye when companies outsorce so they can get dirt cheap labor in china and vietnam - read DUDE WHERES MY COUNTRY - it explains a lot

according to analysts - for the last tax cut..

some one making

$15,000 saves $41 (about enough to buy a gallon of gas)

$500,000 saves $40,000 (enough to buy a Lexus RS 350)

the person making 15 thousand has a 20 times higher chance of loosing his/her job or losing his pension than the person making $500,000|||Same criteria used by Democratic presidents also. If it is slanted one way I guess it%26#039;s slanted for both!

How do business cycles impact the economy? What is unemployment? What is the natural rate of employm

Business cycles cause booms and busts that affect unemployment, inflation and GDP. Unemployment is not working for paid wages for a period of time. I think the natural rate is around 4%.

Blacks w/ a high school diploma have higher rates of unemployment than white high school dropouts?

I was looking at the democratic debate on Thursday and one of the interviewers stated that blacks with high school diplomas or blacks that graduated from high school have higher (33%) unemployment rates than whites who have dropped out of high school or whites without a high school diploma. I was in shock by that statement. Is anybody else in shock by that?

Blacks w/ a high school diploma have higher rates of unemployment than white high school dropouts?credit card debt

This system has to change it is unfair and denies equal rights to many minorities. Specially for latinos and african american.

Blacks w/ a high school diploma have higher rates of unemployment than white high school dropouts? loan

I dont think this is too shocking. I think its because sum employers would rather hire a white than a black.Sry thats the real world|||i kinda don%26#039;t agree with that because not all white people report their unemployment.|||No, not at all,.. one has to look for work to find it.. Everybody needs to just get over this racist ****

Reduction of unemplyment benefits would increase rate of job finding and thus reduce unemployment.Is

Do I have to consider the fact that the overall number of jobs wouldnt increase?Will the unemployemnt rate actually decrease considering the labour market?

Reduction of unemplyment benefits would increase rate of job finding and thus reduce unemployment.Is this Truecare credit

No, it would mean people that were collecting would be poorer.

Reduction of unemplyment benefits would increase rate of job finding and thus reduce unemployment.Is this True loan

It%26#039;s not true as you need to look at the demand side as well : if you%26#039;re looking for job but no one wants to hire you, you%26#039;re still unemployed. And it%26#039;s very likely considering the remark of Alan Greenspan confirmed by the panic of Wall Street.|||No, businesses aren%26#039;t going to hire more workers because unemployed people are worse off. They will only hire more workers if the business%26#039; marginal costs will reduce with more labor. If you really want to reduce structural unemployment, reduce the minimum wage (which has it%26#039;s own costs, and I don%26#039;t recommend; I%26#039;m just saying that%26#039;s the way to do it).|||In general, this is true. Reducing benefits will increase the incentives to find work, reducing the time spent unemployed. Assuming that the separation rate of employees stays the same, this will lower the natural rate of unemployment.

The overall number of jobs will likely increase, since the supply of workers will essentially increase. However, the increase in employment should lower the real wage of workers, assuming that there are diminishing returns to labor in the economy. That is, more workers means that average productivity is lower.|||Lot of ifs, but generally this should be true... frictional unemployment would decrease which would lower overall unemployment.

The number of jobs overall in the short run would not increase (sticky wages) but in the long run may be an increase in jobs as increased supply pushes wages down.

If the number of jobs stayed the same, then you would most likely get more discouraged workers who would fall off the roll of the unemployed and unemployment rates would still fall.

Peace

Low unemployment, low inflation, at the peak of the interest rate cycle - that's outstanding pe

Why all the gloom and doom?

I hear people talk about the %26quot;mess%26quot; - what mess???? Bush has made a mess of IRAQ but certainly not AMERICA.

I sometimes see bumper stickers that read %26quot;had enough? vote Democrat%26quot; - - - Enough of WHAT? Growth? Low unemployment? Rising incomes?

NO, I HAVE NOT HAD ENOUGH OF THAT!!!!

Low unemployment, low inflation, at the peak of the interest rate cycle - that%26#039;s outstanding performance?inflation rate

Economically I have never been able to figure out what mess people are talking about. Some folks get in over their heads on their mortgages and all of a sudden the sky is falling? Come on people should look around.........

Low unemployment, low inflation, at the peak of the interest rate cycle - that%26#039;s outstanding performance? loan

There has been no mess made of America. I agree that I haven%26#039;t had enough yet either of the booming economy...even my charitable donations are up because my income is! (yes libs my taxes are up too since I make more now, that should make y%26#039;all happy).|||Good post.

We have come through a recession, a terror attack, natural disasters, financing a war, and corporate crime and still have a great economy.

I%26#039;ll take some more of that.|||I think bumper stickers are stupid, but I think the %26quot;enough%26quot; is referring to all the corruption and war.

How great is the economy when it%26#039;s based on credit? Do you think America can borrow money forever?

I see. Well, I do agree with you. I was throwing that out for the sake of arguement. Sometimes I hear about how China owns our national debt.|||You can thank the Fed for those numbers. People forget the mid to late 70%26#039;s and the early 80%26#039;s when we had an inactive and weak Fed. Volker came along and put monetary policy on the right course and since then inflation, unemployment and interest rates have been under control.

People have short memories and forgot about double digit inflation, interest rates and unemployment happening all at the same time.

But then again Carter was president at the time.........|||So many people just have one thing on their mind while cashing their checks,(Bush %26amp; Cheney are Bad). Everything in their lives aren%26#039;t as important as that.|||This is the liberal mindset. Doom and Gloom sells better than happiness. I have done better under Bush than any other President. The voices of the happy are stifled by the voices of the liberal media.|||We are headed into a recesssion. But if the neocons want to stick their heads in the sand--fineby me. It will hit in 2008--and their rhetoric and political slogans won%26#039;t change that. So will rising inflation.|||Wait, soon you%26#039;ll hear the clamor of little propagandist claiming that the low job rate is caused by more %26quot;burger flippin%26quot; jobs, low interest rates are caused by people losing their homes, rising incomes are the rich getting richer off the backs of the poor, blah, blah, blah, blah.........

Remember, they need to convince people that it%26#039;s bad out there, not for them of course, but for everyone else. That message plays well to the ignorant.|||Same with me.|||do you buy anything?? do you have kids in college?? do you pay for any health insurance??

inflation is exceeding wages big time. Real income has been down every year Bush has been in office.

the value of the dollar is at an all time low.

college tuition has doubled since 2000.

health care costs have doubled since 2000.

savings for the average American is at an all time low.

debt for the average American is at an all time high.

foreclosures at an all time high

bankruptcies at an all time high|||Keep drinking that Kool-Aid! Bush has taken us from a surplus to a 3.2 TRILLION dollar deficit. Sooner or later someone is going to have to pay that debt and if he has his way it won%26#039;t be the rich. Unemployment numbers are not high because so many that are out of work have given up and those that do get a job get burger flipping wages. Wake up, you and your children and your grandchildren will be paying for this joker%26#039;s mistakes for the rest of their lives.|||The mess I see is an America that is divided more than even before. People are holding on tight to their partisan titles and refusing to budge.

And, must we remind you, our country is in debt $9 trillion. This after having a surplus of $230 billion when Clinton was in office.

I%26#039;ll also remind you that home forclosures are at an all-time high, the number continues to rise and Americans are in more personal debt than ever before.|||Alan Greenspan was on the Daily Show with Jon Stewart, he didn%26#039;t seem the least bit concerned with our economy. He was very relaxed and confident. I like the money I am making, and I am also giving an increase to charity and paying higher taxes as I move up in tax brackets. Alas, though, we probably should change course so we can actually use Hillary Care.|||Because smart people realise it%26#039;s a house of cardswaving in the wind and at any moment it could come tumbling down.

Stop living right in front of your face, use a little foresight and intelligence. That%26#039;s why we%26#039;re having this housing issue today.|||I won%26#039;t bother answering all of these but you are being fooled by Bush economics. That%26#039;s what Greenspan was trying to say. Tax cuts MUST be accompanied by equal cuts in spending-that%26#039;s supplyside economics. Bush is instead using Keynesian economics(using high goverment spending to spur the economy).

They also believe in positive prapaganda. By making you believe the economy is good, you spend more money which spurs growth.|||Low inflation? Are you kidding me? How about Bush running up the largest national debt in modern US history.

Have you not looked at a simple graph of the DECLINING value of the US Dollar?

Many other countries are now stocking Euros instead of USD.

I highly suggest watching a few documentaries about our money system and how it will eventually collapse.

Remember history class and those Europeans buying a loaf of bread with a wheel barrow full of currency? Or using it for heat in the winter?|||I really don%26#039;t think inflation is LOW. I don%26#039;t know about you, but I pay 300 a week for groceries for my family. That%26#039;s about 175 dollars a week more than 7 years ago. My gas budget is up about 300 a month for my family. Housing has doubled if not tripled in many areas. Yes I have been making more, but Is your standard of living any better? I have much less extra money than I had 7 years ago. That is the mess. Yes I have had enough. Your BUSH stinks!!!!!!! That should be a bumper sticker.|||Under the pretty dress, the underwear has holes.

The mess, is that we have a stock market unrelated to the real or projected wealth of the company. The way we get those rosy figures is to drop the unemployed and no longer eligible. You also have to consider the fact that we have yet to see the tremendous influx of mortgage companies that went bankrupt. Low inflation is a joke, they removed food and energy costs from that equation a while ago, those have been on the increase, along with medical costs, and they far exceed the rate of inflation. But you can buy a luxury car for about the same. I buy a lot more food and electricity and gas and oil than I do luxury cars, but maybe that%26#039;s just me.

The mess most people refer to though is the coming mess where we have to start paying for a war that%26#039;s costing us ten billion a month. Why we can afford to pay for this war when we claim we can%26#039;t afford to give our citizens health care when it would only cost one-twelfth of this per year is another story.

The bills for this war come due after he leaves office. Leaving the next president to in all probability be a one-termer.

So now you know, what looks good on the outside, has nothing to do with whats happening on the inside, but sooner or later, the outside wears thin and we are left with our asses hanging in the wind.|||growth in the U.S. has been the result of borrowing by both the government and people. This can continue as long as someone outside the U.S. is willing to finance our debt and the Federal reserve floods the world with U.S.dollars. It will soon all end in a big,big mess|||2% Inflation. In a recorded conversation today slash interview by Ron Paul, Ben Bernake stated that inflation was running at 2%. You can see it at the URL below. In the interview, Ben said that %26quot;The inflation rate is something we pay close attention to...%26quot;.

Now that is said. Most of the production people in my company has been let go or laid off. The majority of Production is moving to China. And that 2% rate does not include food or gas. If it did the, rate is more like 18%. It looks good but times are tough and look worse ahead.

What are unemployment benefits for ex military? How do they determine the rate?

My husband has a degree and is getting out after 11 years active service. He is actively seeking employment but may not have a job upon separation. How much will he be able to get in unemployment until he finds employment?

What are unemployment benefits for ex military? How do they determine the rate?credit bureau

They are the same as evryone else, 90 pounds 10 pence per week for a couple if he claims for both of you, and 57 per week if he just claims for himself, he needs to write a good c.v and decide where/ what he wants to do ( I found this the most difficult after 16 years service) it will stand him in good stead that he is ex forces, as a lot of employers like that sort of background.

All the best to him and good luck.

What are unemployment benefits for ex military? How do they determine the rate?

loan

depends on how many legs he%26#039;s got|||The armed forces should be able to answer that. But as a tax payer i hope he gets everything the state can provide and a bit more, I don%26#039;t mind contributing to people in your position. All the best and good luck.

Why does the poverty rate tend to go up as unemployment fales?

People tend to incur more debt than they can afford.

Why does the poverty rate tend to go up as unemployment fales?child tax credit

SPELL CHECK ALERT!!!

Why does the poverty rate tend to go up as unemployment fales? loan

What evidence do have that this actually happens?|||I could only guess more and more people are getting job, but the less skilled workers that were unemployed begin spending their mediocre wages incurring debt.

If interest rate falls how does it affect inflation & unemployment?

The interest rate is the cost of borrowing money. When Interest rate falls, the the quantity of money borrowed increases and therefore aggregate demand (that is, the amount of consumer and investment expenditure in the economy) increases. If the economy is not at full capacity and therefore less than full employment, an increase in aggregate demand would create excess demand and encourage suppliers to increase production. More persons would be hired and the unemployment rate would fall. However, if the economy is already at full capacity, then an increase in aggregate demand (expenditure) would put upward (inflationary) pressure on the price level.

If interest rate falls how does it affect inflation %26amp; unemployment?mortgage lenders

If you believe the conservative approach, money gets easier to borrow so business borrow more, spend more and hire people. Since there is more money around, people spend and prices go up. When prices go up it%26#039;s called inflation.

If interest rate falls how does it affect inflation %26amp; unemployment? loan

Typically, unemployment decreases. As to inflation, there are too many other variables involved...

Did you know that unemployment numbers only count people who report to the unemployment office?

Unemployment numbers only count people who report to unemployment offices. Most people don%26#039;t keep reporting to the unemployment office after their unemployment benefits run out, because there%26#039;s no point. Therefore, if you%26#039;re unemployment benefits run out, and you stop going to the unemployment office, you drop off the unemployment rate.

So if everyone who lost a job never got work again, the %26quot;unemployment rate%26quot; could actually either stay the same or get better. Even if those people are still looking for work.

So it%26#039;s a meaningless statistic. But for some reason it is still used to say %26quot;Hey, look, the economy is great%26quot;.

Did you know that unemployment numbers only count people who report to the unemployment office?

Wrong the unemployment numbers reflect those who have successfully filled for benefits %26amp; do not get disqualified during all the hoop jumping etc. You can report all you want that will not put you in the unemployment statistics.

Did you know that unemployment numbers only count people who report to the unemployment office? loan

true, in a sense it also helps business target industries that can be developed for mass production, thus hiring many people at one time...any numbers or statistics can be read different for whatever context is being presented...|||A better measure would be: of the people who say they want to work (or perhaps are capable of working), how many actually have jobs? think this would be a more realistic estimate of unemployment|||Most people who have a clue undertand this. In fact, the numbers most quoted are those who have filed claims.|||it%26#039;s always been that way. the %26quot;Clinton economy%26quot; was the worst we%26#039;ve had in my lifetime, but it was claimed to be among the best because so many had their benefits run out without finding work. so?

Econ Unemployment Question?

I am studying for my econ test and this is a homework problem:

11. The population of S. Kosmavia is 10,000 people. Only 10% of the population belongs to the labor force because the rest 90% are lazy people spending their time making fun of those working. If 995 people are currently employed what is the unemployment rate?

A. 90%

B. 0.5% (Answer Key says B is the correct answer)

C. 10%

D. 5%

This is the answer the KEY gave me but I thought

Unemployment rate= Unemployed / Labor Forcer

Labor Force = Unemployed + Employed

(Unempl.) 9005 / 100000 = .9005 which is 90%

So what am I doing wrong?

Econ Unemployment Question?

Unemployment is only those people that are searching for a job that means that there are 1000 people that are looking for a job 10% of the 10,000 people and then of the 1000 looking for a job 995 have a job which leads to 5/1000, or .005 or .5% Remember that the only part of the population that counts as labor force is those that are looking for jobs.

Econ Unemployment Question? loan

agreed.

Why do Republicans lie about unemployment?

The unemployment rate would be 7.0 percent if the same share of the population was employed today as at the beginning of the business cycle. The unemployment rate can drop for two reasons: because job growth is strong or because fewer people are looking for work. Unfortunately, the reason the unemployment rate has dropped to 4.9 percent is that Americans have been falling out of the labor market, not because a greater share of the population has a job. In March 2001, 64.3 percent of Americans 16 or older were employed. Had that number not dropped to 62.8 percent by December 2005, an additional there would have been an additional 3.5 million jobs and the unemployment rate would be 7.0 percent.

Why do Republicans lie about unemployment?

Republicans are all lemmings. I just wish someone would lead them off a cliff somewhere.

Why do Republicans lie about unemployment? loan

Aww come on buddy. In these many years of their rule, havent u realized that its their job to lie? :) They are such professionals at that.|||Republicans are liars. Get use to it.|||That%26#039;s the only thing that they are good at and they do it so well.|||anyone can manipulate statistics....but I don%26#039;t like Republicans either...really and truly they just help the rich people and give tiny raises to the military but cut veteran benefits....|||Hmmm my republican husband just walked through the door from working all day, just in time to see all this republican bashing by democrat supporting folks who apparently have time to sit and play around with the internet rather than working harder to further the welfare fund, unenployment fund, social security, etc or even to earn a raise or add to their own savings for the possible future layoffs, not to mention the meriad of democrat backed money-sucking social programs!

Economics- Unemployment help?

I would really appreciate if someone could give me a hand with this question bc im not sure

There is some criticism that the official unemployment statistics understate the extent of joblessness in the United States. Which of the following statements represent shortcomings of the official unemployment rate reported by the Bureau of Labor Statistics each month?

I. Discouraged workers are not considered unemployed.

II. People who work part time but want to be working full time are considered employed.

III. The unemployment rate does not take the duration of unemployment into account.

IV. Retirees are not included in the labor force.

A. II and III only

B. I, II, and III only

C. I and II only

D. I, II, III, and IV

Economics- Unemployment help?

1, 2 and 3 are definately true. 4 may or may not be true

When the BLS surveys citizens it asks a series of 2 questions in the following sequence to determine a person%26#039;s employment status:

1. are you employed?

If the answer is yes, then the individual is counted as employed. Therefore 2 is true.

2. if not currently employed, are you actively looking for work?

In the answer is yes, then the person is counted as unemployed. Therefore, 1 is true.

Since neither of these Qs requires knowledge of unemployemnt duration, 3 is true.

Finally, it is possible that someone who is retired from a primary carreer is actively looking for something on the side. These people are considered unemployed. If a person is retired AND not interested in working, the the person is not included in the labor force.

Economics- Unemployment help?

loan

I%26#039;ll go with answer B, I II and III. I don%26#039;t know that retirees s/b counted, although sometimes retirees leave a %26#039;salaried%26#039; job and return later as an %26#039;hourly temp. worker%26#039;

Economics - Unemployment?

What types of unemployment are a part of the unemployment rate? The types I am given are structural, frictional, and cyclical.

Economics - Unemployment?

What is your question? Are those part of the unemployment rate? Yes those are all part of the unemployment rate.

If you want to know what they mean then:

just type into google:

structural unemployment

frictional unemployment

cyclical unemployment

Don%26#039;t be lazy by asking others to do your econ homework. It%26#039;s all in Wikipedia too. You live in the internet age so find stuff for yourself.

Economics - Unemployment?

loan

Structural unemployment involves a mismatch between workers looking for jobs and the vacancies available often despite the number of vacancies being similar to the number of unemployed people

Frictional unemployment involves people being temporarily between jobs, searching for new ones; it is compatible with full employment. It is sometimes called search unemployment and can be voluntary.

Cyclical unemployment exists due to inadequate effective aggregate demand. It gets its name because it varies with the business cycle.

Check it out, wikipedia.org!

Unemployment in California farming towns?

I once heard the Unemployment in California Farming town, like Fresno is higher than some of our more Urban centers. Is that still an accurate picture? Why is there a higher unemployment rate in California farm areas when we need more farm workers, while we have extremely lower unemployment in the city. How does various immigrants figure into this. I remember legal South Eastern Asians having a hard time with employments in these cities. Poverty level is highest in these areas of California, last I checked. My knowledge of this area is a bit old, so anyone who can update me on whats going on in the central valley would be appreciated.

Unemployment in California farming towns?

My understanding is that it is pretty high. The citrus freeze lead to major funding for those illegally here and unemployed as well as for those legally here. However, you have to look at the numbers carefully, because one way agribusiness makes us subsidize their slave wages to their labor is by the fact that their seasonal employees are %26#039;unemployed%26#039; for seasons of each year, and collect benefits, as do their kids, of course. So unemployment doesn%26#039;t necessarily mean it is not counting people fully employed under agribusiness%26#039;s seasonal definitions. It just means agribusiness%26#039;s pay scale doesn%26#039;t support its workers, who are necessarily seasonal.

Unemployment in California farming towns? loan

These are all still true. Unemployment is a little higher in the Central Valley than in the rest of California. The lowest unemployment rates are in the coastal areas of Southern California and the Bay Area. On the other hand, the unemployment rates in the Central Valley are lower than in the Rust Belt, which is getting very few immigrants these days. I think there are also some tricky issues regarding the appropriate way to calculate unemployment in agricultural areas where there is a lot of seasonal work.

Unemployment has hit a 2 year high, how long until high oil prices completely sink our economy?

At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking.

http://news.yahoo.com/s/ap/20080404/ap_o...

Unemployment has hit a 2 year high, how long until high oil prices completely sink our economy?

Would be the perfect time to switch to alternatives fuels wouldn%26#039;t it? Can%26#039;t really claim it will hrm the economy to do so, when it is actually saving it fromt he expensive fossil fuels.

Let the middle eastern countries try supporting terrorism by selling sand.

Some people just don%26#039;t ever learn. Example: people who say you don%26#039;t have to worry if you study hard in school and geta degree when temp services are swallowing up professional jobs to.

Unemployment has hit a 2 year high, how long until high oil prices completely sink our economy?

loan

Damn it. ask OPEC!|||A 2 year high out if 3 years polled. WOW were doomed. I wanna make hamburger out of your hind quarters. mooo|||It%26#039;s just the beginning. Here in Michigan we have had such effects for years. Some parts of the country will fare better than others, depending on the type of business%26#039;s in the area.|||Lets raise the minimum wage and NOT be prepared for the resulting outcome from it beforehand.

duh|||We pay less for oil now than we did in the fifties when you take into account the rate of inflation. Stop worrying about the sky falling and become for fiscally responsible yourself.|||I wish high oil prices were all that were sinking the economy. That would be easy to fix. Unfortunately, there are a lot of other things that are ruining our economy, not the least of which is the national debt. Then there%26#039;s outsourcing and the trade deficit.|||if you study hard in school and college, you don%26#039;t have to worry.

But, the Dems%26#039; love to pander to high school dropouts. So, it should happen soon

Did you know unemployment statistics are NOT based on those currently collecting unemployment?

A lot of times when liberals and Dems try and refute the good economic news, they say unemployment statistics are based on those who are currently collecting benefits, and ignore those who have already exhausted their benefits.

Nothing could be further from the truth. According to the Bureau of Labor Statistics, the unemployment data the government prepares every month, including the unemployment rate, is based on household surveys of 60,000 households.

Here%26#039;s the link to the appropriate page http://www.bls.gov/cps/cps_htgm.htm Read it for yourself, it%26#039;s only about 1 page long.

Did you know unemployment statistics are NOT based on those currently collecting unemployment?

Yep, I knew that.

Most people do not know, that only about 40% of the people who lose jobs, are eligible for unemployment benefits.

In some states like Florida, only 27% of the unemployed people are eligible for unemployment.

So it would be a completely unreliable means of determining the unemployment rate.

Most people do not understand, there is no government office that companies have to report too,when people are fired, laid off or quit.

There is no government office that companies report too, when they hire people either.

So the government has no direct way to accurately track unemployment or the new jobs created, or jobs lost.

Thats why the Department of Labor uses surveys to individuals for the unemployment calculations, and uses surveys to business%26#039;s to determine how many jobs were lost or added each month.

Alot of myths like this, just keep going on and on, people never take the time to actually research it themselves and find out the truth.

Did you know unemployment statistics are NOT based on those currently collecting unemployment?

loan

I know that there are /two/ commonly-reported unemployment figures. One is gathered from unemployment rolls. The other is a household survey. The survey tends to be a bit higher, for the cited reason.|||No, I did not know that. I believed that it was based on those who are currently collecting benefits. Thanks for the info.|||There is also a statistic called the %26quot;Natural Unemployment Rate%26quot;. For people betewwn jobs, or who are otherwise out of the current workforce. The baseline number since 1975 has been 4-5%.|||No I did not know that. Thank you for the info!|||Yup, I did; now, if only we could get the press to report SIMPLE FACTS like this, perhaps the American public could begin to be informed as to how our society functions at a basic economic level. Anything above that will take an act of God.

Would lower minimum wage cause the crime rate to drop ?

minimum wage has always been consistent in creating higher unemployment because of the costs to pay more employees higher salaries.

Unemployment rates on the other hand have had a strict correlation with crime rate increase, that means higher unemployment the higher the crime rate(this is usually the case)

If minimum wage effects unemployment and unemployment effects the crime rate than would a decrease in minimum wage also decrease the crime rate ?

Would lower minimum wage cause the crime rate to drop ?

Eventually, but it would stop the crime rate from rising so fast.

Raising the minimum wage causes job loss and thus increases crime rates.

Would lower minimum wage cause the crime rate to drop ?

loan

Gah! You know what, people understand and don%26#039;t agree, but you pick someone who repeats back what you said... no wonder people never learn or grow... yes, i am bitter, a better choice would have been adrixia%26#039;s. Report It

|||or deb m%26#039;s or sprcpt or even steph ... oh well... i must need to get out more... sorry... Report It

|||prolly not but it will cause a rise in inflation.|||If a tree fall in the woods and no one is around, does the chicken still cross the road.|||It seems like it would, but the only reason the minimum wage would decrease is if the cost of living decreases first. That%26#039;d never happen!|||no. because crime rates are also linked to poverty rates...|||corporations need to quit being so stingy and cough up some of their profits to better our economy.|||Correlation does not equate causation. IT is necessary to raise the minimum wage to keep up with the cost of living. The cost of living goes up due to many factors. I do not think %26quot;lowering%26quot; the minimum wage would have a significant impact on crime rates.|||Yes and no. I think that if people who are willing to work aren%26#039;t going to get paid enough for the work they do, they may have to resort to something other than legit income to meet their needs. The relation is b/c people need things to live, if they are unemployed they find others ways of attaining said things. If they are employed at wages insufficient to meet their needs, then it doesn%26#039;t matter what the employment rate says, more people will be commiting crimes.|||firstly the minimum wage is staggeringly low. it%26#039;s not too bad in the uk, but the american one hasnt increased since 1997. if people were to be paid an even lower wage then many would have to resort to crime to bring themselves to a level where they are not poverty ridden.|||Zurvan i realize you are clueless about reality, Why do think people commit crimes in the first place because of love or jealousy only???|||Wouldn%26#039;t the crime rate stay the same if people who were once unemployed can%26#039;t get jobs that earn a livable wage? They%26#039;ll have to get food/shelter from somewhere, right?|||With min wage set where it is now, you can have two people in a household both working 40 hours per week making min wage, they still have to sometimes choose whether to put food on the table or pay their bills.

If you lower it even further you will make people desperate to just keep a roof over their head.

Desperate people take desperate measures and they will turn to crime to just survive.|||Well, I get your point, oddly..

However lowering the already too low minimum wage would in my eyes create nothing but trouble.

You can not ask people to live on nothing, and raise their families on nothing. If people do not have the income to feed their families and pay their rent, then they could quite possibly turn to stealing to make ends meet.. probably from their own employers, which would in turn get them fired, now they really have no money.

I personally think they should completely over-haul the welfare, medical, %26amp; food stamp program.

There are way too many people abusing this program, each state could save a fortune by tightening the raines on their programs. The money they save could in turn be used to offer a higher wage to many citizens.

Thus quite possibly cutting the crime rate, except of course for the pissed off people who now have to get off their asses and get a job, because they got found out. Oh well... life%26#039;s a bummer ain%26#039;t it?

If your rate of pay gets cut, can you draw unemployment?

No. You are still employed.

If your rate of pay gets cut, can you draw unemployment?

You are still employed, so no. I would say keep that job and start searching for another one. It is wrong for the company to take a pay cut on you. Good luck.

What can we do to help solve our muslim unemployment problem?

Muslims had the highest male unemployment rate in GreatBritain. At 14 per cent, this was over three times the rate for Christian men(4 per cent).

Among women, Muslims again had the highest unemployment rate, at15 per cent. This was almost four times the rate for Christian women (4per cent). Hindus (11 per cent) and Buddhists (10 per cent) had the nexthighest rates.

Men and women of working age from the Muslim faith are also more likely than other groups in Great Britain to be economically inactive, thatis, not available for work and/or not actively seeking work.

Among working age men, Muslims had the highest overall levels ofeconomic inactivity in 2003-2004 鈥?30 per cent compared with 16 percent of Christians. Within each religious group women were more likely than men to beeconomically inactive. More than two thirds (68per cent) of Muslim women of working age were economically inactive compared with no more than a third of women of working age in each ofthe other groups.

What can we do to help solve our muslim unemployment problem?

Get Bloody Real -- We Don,t need them , whinging, Whining Sponging of us and Claiming every Available %26quot;Freebie%26quot; and 锟illions in Social Security Payments for themselves AND their Families --- then Pissing of to their Mosque to Listen to their Evil Lunatic -- So Called %26quot;Religious Leaders %26quot; Preaching Destruction and Death to the Indigenous Population of Great Britain

What can we do to help solve our muslim unemployment problem? loan

You guys don%26#039;t have a need for executioners and guys that behead Christians in the Tower of London anymore? Pity. That%26#039;d keep many of them in steady employ.|||convert them to an other religion|||Start actually employing them. Discrimination is the biggest barrier to employment amongst Muslims. Most are well-educated and have far better qualifications than the jobs they are able to get.

That leads to resentment. You can figure the rest out.|||We have a very nice Tropical Resort called Gitmo............|||First Think about the unemployed people in ur surronding area without discrimination.Then the people whom u thinking about will get everything by God%26#039;s Grace.|||Well it%26#039;s no good forcing them into the army because when the time came for them to fight for our country, they would fight with the enemy.

Deportation is the one and only answer. Prior to being deported they will be made to carry out community service.|||Thank you for being considerate, but you don%26#039;t need to do anything, just focus on your life.

I%26#039;m a Muslimah who dresses Modestly wears a veil, and hey I%26#039;m studying a degree and guess what, I%26#039;m also working!!

Peace and Love|||Deportation sounds good to me.

Preferably to a low-lying island.

Rock on global warming.|||Education and more education will help releive the unemplyment problem|||ask them all to leave the country?

Unemployment Lie?

Ok....

To all of you extreamely far left nuts, or completely uninformed that keep coming on here and whining %26quot;Massive Unemployment%26quot; and the likes....

The US Unemployment Rate is 4.5 %..... That is a historic low.

Read all about it here.... From the US Dept. Of labor..

http://www.bls.gov/

There... Now find something else to spew hate about.

Unemployment Lie?

I agree with you that the left attempts to bash Bush over the economy...unemployment...etc... in spite of the increasingly and consistently positive numbers.

Typically, they present it as an aberration...as inaccurate (even though the same measures were used during the Clinton Administration)...or they simply ignore the figures.

I%26#039;ve come to the conclusion that Bush could give every man, woman and child in the U.S. $1 million, lifetime healthcare, and resign from office...and the left would find something in that to complain about!

For the record though, the 4.5% is a record for the Bush Administration. At one point in Clinton%26#039;s second term, unemployment was at 3.7%.

Unemployment Lie?

loan

that is not a historic low. It was lower than that when Clinton was in office. It was under 4% at one time. do your research.|||That 4.5% is very misleading. What about unemployed people not collecting unemployment? What about people who have their unemployment run out? What about people who are underemployed? It%26#039;s hard to live off $400 a month. Believe me I%26#039;ve tried.|||Relying on government numbers is like asking the fox how many chickens it stole|||truth seeker is incorrect. The low with Clinton was 4.8%. Who makes 400 a month on unemployment? Mine was 1200. and that is Florida.|||Hey Dude1988, no one told you to drop out of school and act like a retard.

If you would have stayed in school and got an education, then you wouldn%26#039;t have to worry about having to work at Burger King.|||The department of labor no longer carries the official number of people out of work . It only counts people on unemployment during its period of pay outs .

So 4.whatever% of the nation is collecting unemployment .

Those who%26#039;s benefits ran out or others that did not return to work are not counted .

Have you looked in the paper lately . The jobs section . Used to be filed with jobs for carpenters ,painters, electricians ,plumbers, dry wall installers ,and finishers, trim carpenters and cabinet installers roofers and the millions of people who built homes in America . Now dozens of homes sit empty and are foreclosed on everyday . Condos slated to sell out became apartments and 40,000 americans are losing their homes each month . Tell me this is all just my Imagination and that those numbers are made up .

Get a grip you piece of garbage sit on your but and collect a check conservative bottom feeder .|||That statistic only applies to who is drawing unemployment, there are people in my State that don%26#039;t have jobs that pay taxes and mostly rely on burglary and selling drugs for a living.|||gee, is that because this question is just full of happiness, light and love???? Do right wing republicans EVER ask for a reaction about their comments from ....oh say moderate republicans??? Cuz I gotta tell ya, you guys have a real tendency towards being uptight, judgemental, vindictive and rather hmmmm...RUDE??? Mostly, though you tend to just be inaccurate.

Just how low IS unemployment?

People who can not find a job after a few months are taken off the unemployment lists. (even though they remain unemployed)

People who have a PH.D., but are working at Wal Mart as a Cashier to make ends meet (because they can%26#039;t find a job in their trained field) are not on the unemployment lists.

Many people on welfare, because they don%26#039;t make enough to survive on the work they do, (40+hours a week at minimum wage) are not on the unemployment lists.

So, how true is the %26quot;unemployment rate%26quot; if these people who are unemployed, or under-employed aren%26#039;t counted in some way?

Just how low IS unemployment?

Hello fellow Pittsburgher. The unemployment rate does only take into account people who are unemployed, not under-employed. The gov%26#039;t considers them employed even if they make below a livable wage. These are the %26quot;working-poor%26quot; who basically can%26#039;t make ends meet even though they work 40 hours a week. Wikipedia cites that about 24% of the population is considered %26quot;working-poor%26quot;. So add that the the 4.6% unemployment and about 29% of the population would be in financial difficulties.

Also, there are jobs in Pittsburgh although it might depend on what sector you are working in. The problem with the Burgh is that its population growth is negative so its not necessarily bringing in the high wages that other cities bring in. So perhaps there is an excess in service sector jobs and not enough teaching jobs. It also doesn%26#039;t help that we have basically zero immigrant population.

Just a thought.

Just how low IS unemployment?

loan

I don%26#039;t know, but I know businesses in Louisiana are struggling VERY badly to get people to work for them.

If you don%26#039;t have a job, it%26#039;s because you don%26#039;t want one.|||I assure you there are no professors working the cash registers at my local Wal Mart.|||this is precisely why no single statistic can stand alone and give a clear picture of reality.

remember, in order for the economy to run smoothly at the top end (wall street and investors) people must have confidence in the market. deceptively positive news is better than realistically negative information.|||Where I come from, accounting firms, factories, and small businesses are closing every week. However, a new Target and Applebees just opened up down the street. So I%26#039;ll just say that we broke even,|||I don%26#039;t know of anyone with a PH.D working at Wal-Mart. Educated people have better initiatives and alternatives than working as cashiers. The economy couldn%26#039;t be better with 4.2% nationally. The problems are in the states with Democrats for governors. Look at Michigan and Massachusetts as an example. I%26#039;ve done the research.|||Your analysis is quite correct. It is very difficult to get a true picture of the unemployment situation.

Underemployment is not officially measured by the government. In order to be counted as unemployed a person has to have looked for work within the past 4 weeks. Individuals who have become discouraged are not counted.|||The real unemployment rate is double the statistics they show. Because under Reagan the unemployment numbers were changed. If you are not actively seeking a job they don%26#039;t count you.|||Amazing how %26quot;great%26quot; the economy is and how %26quot;low%26quot; the unemployment rate is, yet there is record foreclosures, more and more uninsured and multiply job holding families %26quot;needing%26quot; assistance.

So come on you %26quot;liberals%26quot; get real!|||so because it%26#039;s a good stat for the president you want to make up some hair brained scheme that it%26#039;s inaccurate.

It%26#039;s the same way they have done it with any other president.

4.6 last time I checked, and even if your right, which it sounds like your just so far left you have to be like the other petty liberals, but if you are right it wouldn%26#039;t be that much of a difference over 95% of this country is employed I don%26#039;t know why just because the guy you voted for couldn%26#039;t do it your against it eventhough it%26#039;s good for the country.|||4.6%

It%26#039;s very low. No amount of LIBERAL spin can change that.|||boy, you libs are never satisfied.

If unemployment is down to record lows, are all the people on work for the dole etc included in this

If all the job search programs and casual labor hire jobs that employ people for minimal hours reduce the unemployment rate, is our real unemployment level what Mr Howard and his clever treasurer say?

If unemployment is down to record lows, are all the people on work for the dole etc included in this figure?

The answer is no the real unemployment rate is closer to 10% and there have been some studies done to prove this at Newcastle University.

As you only have to work one hour a week to be considered as in full time employment all Howard has done is create massive under employment which is leading to a new class of working poor.Exactly what has happened in the US under Howards best mate GW.Under work choices it can only get worse,when the mining boom ends and both full time and part time jobs become harder to find you really will see the effect of work choices-either work for $2.50 an hour with no rights or privileges or sit at home and starve-also happening in the US at the moment.

How does the US ration the poor at the moment?They invade sovereign countries for no legitimate reason and force the poor into the army to keep the war machine grinding and hand more profits to their mates in big business.Again expect the same here in Oz if the Liberals get in again.

If unemployment is down to record lows, are all the people on work for the dole etc included in this figure?

loan

No, and all the people working an hour a week aren%26#039;t *really* %26#039;employed%26#039; either ... but they are counted that way to make that nice low figure.

Sad to say, an incoming government that does their counting in an honest way will have to face criticism from Howard%26#039;s hench-idiots about %26#039;rising%26#039; unemployment.

I%26#039;m so sick of all the lies! The name %26#039;Fiberals%26#039; is so accurate!

Cheers :-)

If a country has more generous unemployment compensation(EI), what can you conclude:?

Will the duration of each unemployment spell be shorter or longer, and will the unemployment rate increase or decrease?

very short answers only please. Thankyou!

If a country has more generous unemployment compensation(EI), what can you conclude:?

the duration will be longer because there less of an incentive for the unemployed to look for jobs when the government is been generous. - The unemployment rate will increase for the same reason the unemployment spells become longer. The opportunity cost is of not looking for a job is not high enough because of the government%26#039;s generous compensation

How can unemployment drop from 4.9 from 5.0 but lose 17,000 jobs?

How can unemployment drop from 4.9 from 5.0 but lose 17,000 jobs january 2008The national unemployment rate went down to 4.9 percent last month from 5 percent in December last year, based on statistics released Friday by the Labor Department.

Based on reports, the US economy lost 17,000 jobs in January, a decline in employment for the first time since August of 2003. This according to economists is another indication of economic trouble. The top decliners in employment are the construction and manufacturing sectors.

How can unemployment drop from 4.9 from 5.0 but lose 17,000 jobs?

Let%26#039;s suppose there are 1000 people in the labor force, 50 of whom are unemployed (but looking for a job) in December. So, the unemployment rate is 0.050 (or 5.0%.)

Now in January, 200 people%26#039;s jobs are lost, but they aren%26#039;t people that planned on working in January anyway, perhaps they were just working over Christmas to make some extra money, or any one of a thousand reasons, so these are 200 jobs lost, but the people are not counted in the labor force in January. Furthermore, over that time period, 18 of the 50 unemployed people found a new job, so there are only 32 unemployed people now, and 800 in the labor force. Now the unemployment rate is 32/800 = 0.04 or 4%.

Meanwhile, 200 jobs were lost, 18 were created, so there were still 182 jobs lost.

Unemployment went down, but more jobs were %26quot;lost%26quot; than %26quot;gained.%26quot;

This is an extreme example, but I think you get the point.

The unemployment rate measures the number of people who are currently out of work but are currently looking for work or would like to be working.

Before and around Christimas, a lot more people are looking/would like to be/are employed. After the holiday many of these people, for numerous reason, are no longer looking for work.

Unemployment rate = # of people without a job that want one / total size of the labor force.

If both change simultaneously, the net effect is not certain.

**** To elaborate on Hubris:

Some of it is discouraged workers, but a large portion of the labor force that leaves between December and January is people that would have left not because of discouragement, but just because they had no plans to continue working. A lot of retail jobs are Seasonal. Plan in advance to work 2 months out of the year, make some extra cash, and get out of the labor force because you don%26#039;t want to work anymore.

How can unemployment drop from 4.9 from 5.0 but lose 17,000 jobs?

loan

Two words: discouraged workers. To be considered unemployed you must meet two criteria: not have a job AND be actively seeking employment. If you have been looking for a job with no success for so long that you give up your search you are not considered unemployed. Rather, you have left the workforce.

Often times when the economy is really bad for a long time the unemployment rate will decline even though new jobs haven%26#039;t been created. During the Great Depression the official unemployment rate never climbed above 25% but the employment level, the number of people working, continued to decline after the 25% mark had been reached. Similarly, after a recession has ended and the economy has started to recover the unemployment rate often increases. This is because previously discouraged workers have rejoined the workforce and are again looking for jobs.|||This happens because the number of available workers grows constantly.

Michigan leads the nation in unemployment, and Michigan's population is going down. Is it Bush&

Michigan November unemployment rate is 7.4%, second highest is Alaska at 6.4%. Michigan%26#039;s female Canadian democrat governor%26#039;s solution was to raise taxes a few months ago. Only 2 states showed a decrease in population, Michigan and Rhode Island.

Is it all Bush%26#039;s fault? Will a democrat president make things better for Michigan?

Here%26#039;s my source for the unemployment rates:

http://www.bls.gov/lau/home.htm

Here%26#039;s my source for the population of Michigan:

http://www.clickondetroit.com/news/14929...

Michigan leads the nation in unemployment, and Michigan%26#039;s population is going down. Is it Bush%26#039;s fault?

Since local and state governments tend to have local and statewide effects, how about we ask who runs the state legislature of Michigan? Could it be LIBERAL DEMOCRATS!, How about local city Governments? LIBERAL DEMOCRATS!, I live in the south, blessed with conservative local and state government, our unemployment is lower than under Clinton, our economy is booming and things are good! Perhaps the problem is a little closer to home than Washington DC.

Michigan leads the nation in unemployment, and Michigan%26#039;s population is going down. Is it Bush%26#039;s fault? loan

Its all Bill Clinton%26#039;s fault.|||You know, not everything that happens in this country is Bush%26#039;s fault, c%26#039;mon. I mean, Come On.|||It%26#039;s the fault of the auto industry, for not making cars that people prefer to foreign ones. Yet, I drive a Chevy.|||Since when did it become the responsiblity of the executive branch of the federal government to give you a job?|||Think it traces back to the signing of NAFTA, Billies watch.|||Why not? We%26#039;ve got to blame somebody for Michigan%26#039;s population. Let%26#039;s just blame Bush.

OOORRRRR, we could all realize the Michigan is cold and nasty, Detroit is a complete S-hole, the unions have destroyed what was once a proud industry to a point where we cannot compete against foreign automobiles, and nobody wants to live there anymore.|||No. The auto industry has been in trouble for years and half the jobs in the state are auto related. As the Big 3 continue to close plants, unemployment will continue to rise. They just can%26#039;t afford to compete with foreign vehicles and continue to pay the wages in union contracts. Also, Granholm has been terrible and the last thing you want to do to encourage economic growth and development is to increase taxes. Cutting taxes is how you entice companies to bring jobs to your area.|||no it%26#039;s your liberal Governor%26#039;s fault. She raised taxes and killed any economic growth by raising taxes.|||Ever hear of Govennor Grahmholm? She is a Canadian transplant who raised taxes numerous times even though any economists worth their degree knows that higher taxes hurt industry.

Where in the constitution does it say the president is responsible for each state?|||Take a look at the state%26#039;s governor and legislature. There are lots of states that are prosperous...local government%26#039;s political practices can have a greater impact than the federal government.

51 Republicans and 59 Dems in the congress

http://house.michigan.gov/replist.asp

21 Republicans and 15 Dems in the senate

http://senate.michigan.gov/

Granholm, the governor is a Dem.|||Democrates are in control of Michigan%26#039;s state government. Bush, try as he might, just can%26#039;t stop the idiots who run that state from ruining it.|||Yeah, lets blame Bush for dismantleing ROBOCOP too!

Thats why Detroit is falling apart!|||I don%26#039;t know who%26#039;s fault it ultimately is, but I can tell you why it%26#039;s happening. It used to be that a lot of things were manufactured in Michigan (especially cars). Now, companies are outsourcing everything to other countries. They are outsourcing so that they can make their product cheaper (that%26#039;s why everything is from China). Some companies don%26#039;t care about quality and are being just plain cheap, but many companies are forced to outsource. If you don%26#039;t outsource, they think that you aren%26#039;t doing everything you can to keep costs down, so they won%26#039;t buy your product. It%26#039;s gotten so bad that not only are we outsourcing the manufacturing, but a lot of services are outsourced. For example, my company outsourced payroll to a company in Jamaica!! I don%26#039;t know if it%26#039;s Bush%26#039;s fault or past presidents, but there should be some sort of incentives for companies to stay in the US.|||You can blame Bush if you want to, that is the popular thing to do these days.

The blame lies with the punitive mentality of your government and the overall %26quot;union mentality%26quot; of the biggest segment of Michigan population.

I grew up near Detroit in the 60%26#039;s %26amp; 70%26#039;s. I got the hell out in 1983 and haven%26#039;t looked back. My whole family is still there and they%26#039;re doing ok as long as they don%26#039;t want a break from confiscatory taxes, oppressive business regulation or a concealed carry permit.

This isn%26#039;t the first time Michigan has found itself in these circumstances. It won%26#039;t be the last.

If you stand on YOUR spot and push YOUR button and get $30. /hour, you%26#039;re doing well. If you%26#039;re asked to stand on a DIFFERENT spot and push a DIFFERENT button, you get paid extra, you%26#039;re doing well. Y%26#039;all have the UAW and the United Steelworkers Union to thank for that. You can also thank them for outsourcing your buttons and staying competitve.|||Look, you don%26#039;t get it. It is always Bush%26#039;s fault.

I get a flat tire --- Bush%26#039;s fault.

My dog runs away -- Bush%26#039;s fault

State raises taxes --- Bush%26#039;s fault

In this way you don%26#039;t have to apply critical thinking, it is a nice, one size fits all answer to all a persons shortcomings.

Michigan is currently a train wreck. Having a socialist running the joint is just a bonus. I would have to admonish the Republicans for putting up DeVos as the candidate in the last election. I have worked with lobbyists in Michigan and the day it happened they pick him a loser in the race. Not because he was a terrible candidate, but because he was successful, white, male, who wasn%26#039;t all that great at expressing himself.

The socialist didn%26#039;t even try to court Honda when they were looking to build a new auto factory. The unions wouldn%26#039;t like that. If Michigan residents were forced to stay in the state the unemployment rate would be what -- 25%. Watching liberals grapple with the state of the economy in michigan is like watching blind man try and drive a car in rush hour traffic. Thank god, Jeff Daniels is opening up a theater here in the state, we will all eat well tonight. Clueless. They are thinking that they will be able to make up the budget shortfalls with FINES... Can you believe this?

I guess we can all look forward to examples of liberals taxing themselves INTO prosperity.|||Ok, stop blaming bush for everything. Michigan has a poor economy because the auto industry is not doing well, and manufacturing is leaving the rust belt in general. The American car companies have inferior products to the Asian companies in general, except for trucks and SUVs, that people are not buying now anyway because of gas prices. They also have huge healthcare pensions to pay for, and they are at a competitive disadvantage to foreign firms because of out high corporate taxes.

Michigan also has very restrictive labor laws and high taxation. Michigan is not a right to work state (you are forced to join a union if you work for a union shop). If you notice all of the foreign companies that set up factories, they are doing so in Kansas, Tennessee, Alabama, and Missouri, where unions dont have nearly as much government granted monopoly power. And guess what? Jobs get created in those states. Rhode Island is similar. Its industry collapsed in the 1999s and has not com back. I used to live there, and the state has very high taxes and restrictive labor laws, and as a result has had a rather poor economy. As a start contrast, New Hampshire has the same population as Rhode Island, but its state budget is half of what Rhode Island is and its laws are not restrictive at all. There is not sales or income taxes and it is a right to work state. New Hampshire is much wealthier then Rhode Island, its unemployment rate is below the national average, and its the only state in the Northeast with a fast growing population.

So michigan is hurting partially because industry is leaving, partially because the auto industry is hurting and partially because of democrat supported market controls, taxes and labor markets regulations (just like in Rhode Island). It has nothing to do with Bush.

If you elect in a democrat next time, it is more likely that there will be higher environmental standards, more restrictive labor laws and higher taxes, especially on those %26quot;evil%26quot; corporations. And guess what. All three of these will continue to hurt the michigan economy. Companies will leave, along with their jobs, and wages will continue to fall. The population will decline as well.|||While Bush%26#039;s crappy economic policies have not helped they also cannot be blamed solely for Michigan%26#039;s unemployment rate. In a freemarket world we buy cars that fit our needs. If Detroit can%26#039;t give us what we want and need we buy from Toyota, Nissan, Honda, Mercedes, BMW, Volvo etc.|||As with everything else that ever went wrong it is Bush%26#039;s fault according to the dems and media, yeah!|||No, it is the UAW%26#039;s fault. Had to catch up with them sometime. Also throw in big oil. No money left to finance new cars. part of that is Bush%26#039;s fault for not allowing us to regulate big oil.

UNEMPLOYMENT--A boon for Indian Eucation??????

Unemployment rate in India is very high. If we look it in a positive way, uneployment has increased the awareness of people towards EDUCATION. And so the standard of education is continuously increasing in India. Today Engineers doctors and all kind of graduates of India are in a great demand in international markets. This shows Indian education is reaching top of the world. Students from all over world come India to study. If unemployent would not be there than this was not possible. What I mean to say is that ISN%26#039;T IT THE POSITIVE IMPACT OF UNEMPLOYENT?

UNEMPLOYMENT--A boon for Indian Eucation??????loan

well there certainly is a positive consequence to it... but that%26#039;s not saying that unemployment is good.

Unemployment survey by the US government?

What questions does the US government ask (on the phone) when they are doing an employment survey to find out about the unemployment rate. A full list (or link) would be very helpful. Thanks!

Unemployment survey by the US government?auto loan

http://www.pitt.edu/~mgahagan/Definition...

See #12

http://www.econ.upenn.edu/econ2/appendix...

I read this a few years ago and don%26#039;t know if it is still done this way, but it said that they make random calls and ask the person%26#039;s employment status. If there is no answer, they assume the person is at work.

Unemployment survey by the US government?

loan

HOW MANY MEMBERS OF YOUR FAMILY ARE EMPLOYED?

Unemployment?

what are the disadvantages of having a low unemployment rate amd what does this tell you about the country%26#039;s economy?

Unemployment?car loan

The disavantages are there are a lot of crummy jobs.

However the country%26#039;s economy is usually good.

Unemployment?

loan

Most times, people are stuck with really crappy jobs and almost non-existant assistance for those who really need it.|||Quote: %26quot;Most times, people are stuck with really crappy jobs and almost non-existant assistance for those who really need it.%26quot;

For instance, Wal-Mart|||The disadvantage of a low unemployment rate is that in order to attract employees businesses must offer better wages and or benefits i.e. it is harder to find workers so businesses must steal them from one another.

Low unemployment suggests growth in the job market and economic expansion.

Are only those that have filed for unemployment counted in U.S. unemployment data?

If someone is laid-off but doesn%26#039;t file for unemployment while looking for a job, basically living off their savings, are they considered in the data for the unemployment rate? For a person to be considered part of the unemployed population they have to have physically filed with the state as being unemployed and in the process of collecting unemployment? These people are still searching for employment but have not filed as unemployed while doing so.

Are only those that have filed for unemployment counted in U.S. unemployment data?apply for a loan

YES... that is why the unemployment goes down the longer people are unemployed... once they no longer draw unemployment insurance.. they NO LONGER EXIST as far as the politicians are concerned

Are only those that have filed for unemployment counted in U.S. unemployment data? loan

You are correct. The only way the unemployment department can collect data is by who is collecting unemployment and compare it with what employers are paying.|||Not in the UK they aren%26#039;t and I guess the US would do it the same. They don%26#039;t count anyone on a training scheme or disability pay either.

Macroeconomics question about unemployment/BLS?

The BLS reported in 2005 that there were 50.40 million people over age 25 whose highest level of education was some college or an associate degree. 33.86 million of them were employed and 1.27 million of them were unemployed. About what were the labor-force participation rate and the unemployment rate for this group?

a. 69.7%, 3.6%

b. 69.7%, 2.5%

c. 67.2%, 3.6%

d. 67.2%, 2.5%

Macroeconomics question about unemployment/BLS?bad credit loan

A

Some people say that our unemployemnt rate is very low. However that number does not count discourag

Some people say that the economy is strong because the official government numbers show a very low unemployment rate.

However that government number excludes workers who have become discouraged and have stopped looking for work because they know there are no jobs out there to be had, so there is no point spending time and money looking for something that is not there.

What do you estimate the true unemployment rate to be?

(The true unemployment rate is the official government rate plus the discouraged workers that have quit looking for jobs because the jobs are not available.)

Some people say that our unemployemnt rate is very low. However that number does not count discouraged workersbusiness loan

The government numbers are deliberately understated to mask the true extent of the problems and make the economy look much better than it really is.

For example, in Michigan and Ohio where I am originally from the number of people who have lost jobs in the manufacturing sector and cannot find replacement jobs is approximately 30% or more.

Those jobs are gone forever and they are not coming back.

That is unemployment comparable to the unemployment of the Great Depression.

They are not counted in the Government unemployment numbers because their unemployment benefits have run out and they are not looking for work because there is no work.

I am electrical engineer in Sunnyvale, California, the famous Silicon Valley.

Most of us are contract workers. At any one time approximately 20 to 30% of the people that I know in this industry are unemployed.

I noticed this morning in the newspaper that even Yahoo is laying off people because of the decline in business.

Millions of people all across the United States have lost their homes to foreclosure.

Several of my colleagues who recently lost their jobs are not able to make their mortgage payments and will lose their homes to foreclosure.

We are in a full blown Recession if not a full blown Depression.

The government numbers are artificial and do not reflect the true level of the problems in this economy.

The government numbers are like putting lipstick on a pig.

No matter how much lipstick you put on it it is still a pig.

.

Some people say that our unemployemnt rate is very low. However that number does not count discouraged workers

loan

Definitely true. Can%26#039;t estimate unemployment number but it is much more than before Free trade with all these different countries and before exporting jobs and allowing corporations not to pay taxes by going abroad.

(Chicago residents please) How do you feel about unemployment in Chicago?

I have a project that i%26#039;m doing on major issues in Chicago. One of the major issues I thought of was unemployment and people working on minimum wages in Chicago. How do you feel about the unemployment in Chicago? If you are unemployed or working on minimum wage what are you advantages or disadvantages? If you were once unemployed how did it affect you living situation or living standards overall? Do you feel that unemployment majorly attacks that black community? Studies show that African-American and Latino communites have the highest unemployment rate. Could this situation ever get any better? Some people feel that this is just what Chicago has to go through, since at the turn of the century Chicago had too many open jobs. America%26#039;s major companies and businesses are moving over seas could we all possibly be unemployed one day?

(Chicago residents please) How do you feel about unemployment in Chicago?loan rates

i live next door 2 it they have many criminals there

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income

It is all taxable and it is taxed at the same rate as any earned income, though social security and medicare are not deducted from it

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income taxes?student loan

It%26#039;s fully taxable.

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income taxes? loan

All of your unemployment comp income is taxed as ordinary income, so yes, is added to whatever other income you have, then your tax is calculated on the total.|||All of it is taxed at the regular rate except no SS or MediCare is due on it. If you ever draw it again, you can specify that taxes be withheld to avoid any pain at tax time.|||from what I remember none of it was but that%26#039;s been 20 years ago

When you receive it there are NO taxes taken out. The way the question is written it appears the asker wants to know how much uncle sam is going to get initially

So Called Low Unemployment?

How is it that people do not realize that the only reason the unemployment rate is so low is because it does not calculate in the people that can%26#039;t draw unemployment anymore, the people that have given up on looking for work, and these poor kids coming out of college that are taking any job they can get making them underemployed (ie, BA, MA, PhD working at block busters).

Has society become so gullible that we take the lies the media feed us at face value?

So Called Low Unemployment?mortgage loan

the govt has a vested interest in making the unemployment rate seem as low as possible.

notice that for the last several years whenever you mentioned that we were headed towards major economic problems....they laughed at you at told you that things were great cause unemployment was low..and the stock market was good.

welll....it turns out that the economy was not that great was it? suddenly we are in an ecomomic meltdown. The other deception that is going on is how they are not even acknowledging that it was their policies that got us to this point. In fact they are running for office advocating that the solution to the problems is more of the same policies that got us into the mess in the first place..its a familiar refrain.

So Called Low Unemployment?

loan

I live in Michigan and am happy to still be working,we have the highest unemployment rate in the states,the least amount of jobs available,1 st in people leaving,probably 1 st in factorys and other employers leaving or folding,things are getting crappy here for alot of folks,and yea,I can bet those stats aren%26#039;t accurate either,there is probably alot more unemployed here than what is listed.|||yup. sad but true.|||The above rules for calculating unemployment have been in place since the 1930%26#039;s when the unemployment rate peaked out at 35%. The saving grace of the methodology in calculating the jobless rate is that it has remained relatively consistent over the years with few changes. This allows a fairly accurate picture when comparing economic highs and lows.

Bill Clinton did try and make the unemployment situations rosier than it was when he reduced the household survey per month from 50,000 to 30,000. What Clinton did was to eliminate cities with high ghetto populations and high unemployment. George W Bush restored the 20,000 households when he became president and the monthly household survey is now 60,000 per month.

Worst unemployment in the U.S.?

which state has the highest unemployment rate in the country, out of all 50 states? need info now!!!!!!!!!!!!!!!!!1

Worst unemployment in the U.S.?online loan

It%26#039;s a tie between Michigan and Mississippi according to CNN

Money.

Worst unemployment in the U.S.?

loan

Google it.|||Wouldn%26#039;t have anything to do with the fact that environmental legislation issues may be frightening off budding entrepreneurs into taking their businesses to Asia by any chance?|||I think it might be Oregon|||I don%26#039;t know the answer. However, you should be aware that unemployment rates by state are deceiving. Many states have out-migration. Their unemployment rate may be low, but that is because people are leaving, not because their economy is good.

.|||Washington

Economics - Unemployment...?

I need to track down an 18 month forecast for the unemployment rate in the U.S. It should extend out to June of 2008.

Does anyone know where I can find one for free? I have found some, but they are only for 6 months and not what I am looking for.

Any guidance here is appreciated.

Economics - Unemployment...?unsecured loan

If you%26#039;re looking for %26quot;official%26quot; forecasts, I can%26#039;t imagine you%26#039;ll see one for longer than 6 months. However, there are a number of research centers throughout the country that do economic forecasts.

My favorite is this guy:

http://robinson.gsu.edu/efc/index.html

However, he only predicts by quarter, but hopefully this will help you out:

Q1 07 4.9

Q2 07 4.9

Q3 07 5.0

Q4 07 5.1

Q1 08 5.1

Q2 08 5.1

Q3 08 5.1

Q4 08 5.1

I realize this isn%26#039;t exactly what you%26#039;re looking for but hopefully this helps you out some.

Economics - Unemployment...?

loan

Of all the things to forecast, I can%26#039;t imagine a forecast of unemployment rates would be worth the paper they%26#039;re written on. If you could go back a year in a time machine, and provide economists back then with all of this year%26#039;s other economic data, they%26#039;d STILL all get a forecast of the unemployment rate wrong.

Probably the very best estimate you could do would be to predict a flatline continuation of the present rate (4.5%) -- that would be as good as anyone else%26#039;s.

So, do people really think that those receiving unemployment benefits are the only unemployed?

The unemployment rate is based on people recieving benefits. IF they are KICKED Off in 6 weeks, does that then mean that they recieved a job?

So, do you ever wonder what the REAL unemployment rate is in our country?

So, do people really think that those receiving unemployment benefits are the only unemployed?student loan consolidation

now now, don%26#039;t go making sense, and forcing people to look at the big picture...

So, do people really think that those receiving unemployment benefits are the only unemployed? loan

unemployment is 6 months. get your facts straight.

the (real) unemployment rate is the amount of people who receive benefits + those who apply. Your assumption is that everyone wants/needs a job. Are housewives unemployed???? I would say not, but your reasoning would demand that they be considered unemployed.

Perhaps you should read some of the economic books on unemployment by Keyes. Will shed some light.|||the real rate is very hard to determine. President Bush changed the way that the ratee was calculated during his first term.

I suspect that the true unemployment rate is between 10 and 12 percent. htere are lots of skilled jobs, and lots of educated jobs available. however the unskilled workers are the ones really suffering. and there are not many jobs for them.

house wives are not %26quot;Unemployed%26quot; they are employed in the home. the worker that was laid off 6 months ago because the factory relocated to india and has not found another job making televisions is unemployed. the student that could not find an intern job that he needs for his college degree is unemployed,|||People do get jobs ya know. Our unemployment rate is almost nil, and they have not changed the way they report the numbers, so whether there is a margin of error or not is not that important in the overall scheme of things.|||I work for the unemployment system in Kentucky. The actual rate of unemployment is usually trippple the percent supplied by that stat. You must account for the welfare leeches and the students living off of loans/grants and the few unfortunate people who do not qualify for unemployment benefits.

As far as the number of people unemployed and seeking a permanent attachment to the job market. The unemployment benefits number is fairly accurate. Maybe off by 1 or 2% points.|||The unemployment rate is really educated guesswork. It never includes people who are so-called discouraged workers - people who have given up looking for a job.|||Since when is unemployment six weeks?

Get your facts straight before you start mouthing off.

Clinton/Gore, Bush/Cheney. Lowest unemployment ever, which one? Better job growth, which one?

Take a guess before you answer. Does the unemployment rate truly indicate the health of the economy? Remember, those whose benefits run out and still are not working, don%26#039;t count.

http://clinton4.nara.gov/WH/New/html/200...

http://sweetness-light.com/archive/media...

Clinton/Gore, Bush/Cheney. Lowest unemployment ever, which one? Better job growth, which one?small business loans

Where did you get the idea that people who%26#039;s unemployment benefits have ran out, are not counted in the unemployment rate ?

Thats simply not true.

They don%26#039;t use the number of people collecting unemployment to calculate the unemployment rate.

Since most people who lose a job, don%26#039;t qualify for unemployment.

IE: In Florida, only 28% qualify for unemployment.

You need to go to the department of labor webpage and read how they actually calculate the unemployment rate.

Link posted below

Clinton/Gore, Bush/Cheney. Lowest unemployment ever, which one? Better job growth, which one?

loan

I am going with Clinton.|||And don%26#039;t forget the deficit

Under Clinton it was a SURPLUS for the 1st time in at least 30 years (prob much longer).

Now what?

You go boy.|||BUSH Economy is the Greatest in the History of the Nation.

And all of these little Welfare Democrats can%26#039;t fool us Working People.

We had had better enjoy these Good Times because the Democrats are going to Stop Them in 2009.

%26quot;Pull up your socks,

And grab your kocks.

The Democrats,

are a coming%26quot;.|||To Ronin. As far as A budget surplus under Clinton, take his last budget to your CPA and let him show you how it was %26quot;Balanced%26quot; He will laugh you out of the room. He ran the same deficits as every other President. He included the %26quot;Peace Dividend: with a %26quot;Projected%26quot; 20 year impact assuming no change. He included the then %26quot;Social Security Surplus%26quot; in the General Accounting Budget%26quot; which no other President ever did, and it is now illegal (Due to Clinton) to do that again. And he shortend maturities on Gov. debt, which reduced outgoing cash flow at the time, but should interest rates ever increase, he will have put America in a horribly vulnerable position.

Take some Econ, and Accounting, then try your argument again...

The answer to the question is without a doubt Bush/Cheney.|||Bush/Cheney, I don%26#039;t know anyone not working right now, I did in 99.

Do low unemployment numbers count for anything?

Does it matter if there is a 4.7% unemployment rate?

That%26#039;s a lower number than under Reagan, Kennedy, Carter, Clinton%26#039;s first term, etc.

Or does that statistic not mean much these days?

Do low unemployment numbers count for anything?bank loan

If high unemployment numbers do then how could low ones not?

Do low unemployment numbers count for anything? loan

NO. It means that people with one or more degrees hanging on the wall are accepting jobs paying far less than they need for their accustomed lifestyle.

It means that people who have been laid off or have lost their jobs to outsourcing (which Bush BRAGS about, by the way) have accepted anything they could find - just to have a job!

It means that a higher percentage of Americans are holding down TWO JOBS just to meet basic living expenses because wages are stagnant under BUSH and have NOT kept up with the rising cost of living.

What you are seeing is larger numbers of people with crappy jobs. Yes, they %26quot;have jobs%26quot; but it%26#039;s not good news.|||It depends on what is causing the low unemployment. If the government statistics are not inclusive by not counting all those people who are discouraged workers, then the unemployment number is a fiction (this is occurring now). And another reason low unemployment is bad is when massive amounts of debt are used to pay for growth in the economy. This inevitably means lower growth at some future time to pay off the accumulated debt. We also have this ($36 trillion in debt in all sectors government, state, private and household) now. Both of these are the result of economic mismanagement from President Bush all the way back to President Johnson (Clinton gets kudos for balancing the budget, though).

Our financial system is now imperiled by creative financing that moved much of the debt creation off the books of the banks and into hedge funds. This means the Federal Reserve is no longer able to influence the economy as much as they could in the past. This was a regulatory failure of President Bush%26#039;s.

But the Bush administration is trying to stop their second recession under his watch as we spea....er uh...type.

%26quot;Paulson Crafts Subprime Deal to Prevent Second Bush Recession%26quot; (1)

Our nation is now facing bankruptcy.|||well yes coz its us that go work hard and then they all take our money so its the more unemployed the more money we get taken of in taxes so YEAH|||Yes, it still means a lot. It means the economy isn%26#039;t growing and that many people are out of a job. This also means that they can be losing their homes and becoming homeless, losing health insurance possibly, and enrolling on state welfate systems.

States usually compare unemployment rates to the national average. Which for the last 8 years have pretty much had the same numbers.|||That statistic is meaningless because it doesn%26#039;t take into account people who have been unemployed for more than a certain time.

This includes a shocking number of veterans.|||It must have dropped because I finally found a job by God%26#039;s graces. It certainly wasn%26#039;t because Bush created it, that%26#039;s for sure.|||Unemployment was lower under Clinton, FDR, and LBJ.

http://www.bls.gov/cps/prev_yrs.htm

The unemployment rate is still higher then it was when Bush Jr first stepped into office.

Is that supposed to be a good thing?|||it don%26#039;t mean sh-- when all the newly jobs created by bush and his cohorts are mcdonald type jobs|||if you dont mind 6 buck an hour jobs,,,

thats great...|||Unemployment figure mean nothing. They have been manipulated to no longer include the long term unemployed. So if you can%26#039;t find a job in 6 months you are no longer counted. That%26#039;s why Bush%26#039;s numbers have been so low. They don%26#039;t include the chronically unemployed like 40 - 50 year old who can%26#039;t get a job because they%26#039;re over-qualified or too old for entry positions. I know plenty of these not unemployed people.

BTW, Clinton%26#039;s lowest figure was 3.9%|||Do the numbers truly reflect the unemployment rate or did a lot of people run out of unemployment benifits thus keeping the rate low|||Part of the problem with trusting numbers is that unemployment stats don%26#039;t include those whose benefits have run out, The ability to make statistics sing and dance is a bureaucrats wet dream. These people don%26#039;t live in the same world you do. When the polls for who is leading in the presidential race are seen what you aren%26#039;t seeing is who is being polled, or the number of people being polled. Don%26#039;t ever trust the opinions of 500 people to be the will of the people|||The government is nothing but lies anymore.

You could ask the same question about real inflation, or the real value of education, or the real quality of our healthcare system.

Also, lots of the newly unemployed in housing are contruction jobs - these are done by illegals so they don%26#039;t show up.

Bush is an economic failure...the one thing I will say is for GW that Clinton and Bush Sr. laid the ground work for our failed trade policy.

America is toast. In their hearts, everyone knows it. Unless you are the elite, your kids will resent you for bringing them into a world were they don%26#039;t get to enjoy the fruits of their labor. Productivity gains now buy yachts for the elite/ investor class.|||All statistics can be misleading, since they reflect what has happened in the past, since they take time to compile. They can%26#039;t tell you what is happening right now, nor can they predict the future with great certainty. If you%26#039;re going to cite statistics, don%26#039;t just pick out those that fit your opinions.|||It%26#039;s huge! It%26#039;s another justification for tax cuts. When taxes are lower, companies can hire more people and we can then spread the cost of government over more wage earners.|||Yes. It means GW Bush has forced many liberals off the welfare lines into jobs.