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.