92% of Americans have Jobs

[dbackjon]

Stole this from dgreco...


Yeah, it sucks to be one of the 8% unemployed - and I am sure some of the 92% are not working in jobs they like, or what they want to earn, but they way everyone talks, you would think that 92% of Americans are unemployed.

[dgreco]

It is crazy when you think about it. I mean 92% at anything is an amazing number, when we were around 96% it was really amazing. Layoffs and job cuts have been rapid, but that is life, and even after all that we are still in a great position as a whole.

[clenz]

I have a job.


OK, well I have 4 but that is ok.

[dgreco]

I have a job.


OK, well I have 4 but that is ok.

well give one to someone!

[clenz]

I have a job.


OK, well I have 4 but that is ok.

well give one to someone!

Fuck redistribution. If I can find 4 as a 21 year old full time college student the lazy bastard drinking beer all day living on welfare and EBT can find one too.


Plus I don't know many people dumb enough to work for the UNI ticket office, coach middle school baseball, umpire high school baseball, and find time to work for a recruiting website and do video editing.


However, I make serious bank during the summer.

[Gil Dobie]

Stole this from dgreco...


Yeah, it sucks to be one of the 8% unemployed - and I am sure some of the 92% are not working in jobs they like, or what they want to earn, but they way everyone talks, you would think that 92% of Americans are unemployed.

92% of the people that are looking for work, and the governement has account for, have jobs.

Does this account for stay-at-home parents/spouses, unemployed people that are not looking for jobs via illness, school, trust funds etc. The number is much lower for all Americans.

[dbackjon]

Stole this from dgreco...


Yeah, it sucks to be one of the 8% unemployed - and I am sure some of the 92% are not working in jobs they like, or what they want to earn, but they way everyone talks, you would think that 92% of Americans are unemployed.

92% of the people that are looking for work, and the governement has account for, have jobs.

Does this account for stay-at-home parents/spouses, unemployed people that are not looking for jobs via illness, school, trust funds etc. The number is much lower for all Americans.

True. But were they looking for jobs even in good times?

[Gil Dobie]

True. But were they looking for jobs even in good times?

Some were, and are now on Severence plans or retirement buyouts, or taking government money to go back to school to retrain.

[dgreco]

Stole this from dgreco...


Yeah, it sucks to be one of the 8% unemployed - and I am sure some of the 92% are not working in jobs they like, or what they want to earn, but they way everyone talks, you would think that 92% of Americans are unemployed.

92% of the people that are looking for work, and the governement has account for, have jobs.

Does this account for stay-at-home parents/spouses, unemployed people that are not looking for jobs via illness, school, trust funds etc. The number is much lower for all Americans.

According to the Labor Bureau it figures in all people over the age of 15 and up to 75. So I would say yes it includes stay at home moms, full time students, trust fund babies, etc..

[Skjellyfetti]

According to the Labor Bureau it figures in all people over the age of 15 and up to 75. So I would say yes it includes stay at home moms, full time students, trust fund babies, etc..

I believe they divide up folks into "employed", "unemployed", and "not in the labor force." I think stay at home moms, full time students, trust fund babies would not be in the labor force. Not entirely sure though.

I think this would also mean the number of Americans currently employed is less than 92%.

[dbackjon]

As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work.[28]

[dbackjon]

Of course, each 1% rise in unemployment represents 1.5 million Americans

[Skjellyfetti]

As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work.[28]

International Labour Organization is UN, right? I don't know if they get the same number that the Bureau of Labor Statistics does.

Here's what the BLS says about those "not in the labor force":

Labor force measures are based on the civilian noninstitutional population 16 years old and over. Excluded are persons under 16 years of age, all persons confined to institutions such as nursing homes and prisons, and persons on active duty in the Armed Forces. As mentioned previously, the labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force." Many who are not in the labor force are going to school or are retired. Family responsibilities keep others out of the labor force.

A series of questions is asked each month of persons not in the labor force to obtain information about their desire for work, the reasons why they had not looked for work in the last 4 weeks, their prior job search, and their availability for work. These questions include:

1. Do you currently want a job, either full or part time?
2. What is the main reason you were not looking for work during the LAST 4 WEEKS?
3. Did you look for work at any time during the last 12 months?
4. LAST WEEK, could you have started a job if one had been offered?

These questions form the basis for estimating the number of persons who are not in the labor force but who are considered to be "marginally attached to the labor force." These are persons without jobs who are not currently looking for work (and therefore are not counted as unemployed), but who nevertheless have demonstrated some degree of labor force attachment. Specifically, to be counted as "marginally attached to the labor force," individuals must indicate that they currently want a job, have looked for work in the last 12 months (or since they last worked if they worked within the last 12 months), and are available for work. "Discouraged workers" are a subset of the marginally attached. Discouraged workers report they are not currently looking for work for one of four reasons:

1. They believe no job is available to them in their line of work or area.
2. They had previously been unable to find work.
3. They lack the necessary schooling, training, skills, or experience.
4. Employers think they are too young or too old, or they face some other type of discrimination.

Additional questions about persons not in the labor force are asked during each household's last month of its 4-month tenure in the sample rotation pattern. These questions are designed to collect information about why these people left their previous jobs, when they last worked at a job or business, and whether they intend to look for work in the near future.

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

[dbackjon]

Pretty much says the same thing.

You are in the labor force if you are looking for a job or have one.

[dgreco]

I still think there are unemployed that are figured in, who do not want to work, ie. my mother worked for 15 years as a teacher and just decided to quit. They use estimates and as far as they would consider her as eligible to work and does not have a job... ?

[dbackjon]

I still think there are unemployed that are figured in, who do not want to work, ie. my mother worked for 15 years as a teacher and just decided to quit. They use estimates and as far as they would consider her as eligible to work and does not have a job... ?

She would fall as not actively seeking a job, and not count in the unemployment stats.

[dgreco]

I still think there are unemployed that are figured in, who do not want to work, ie. my mother worked for 15 years as a teacher and just decided to quit. They use estimates and as far as they would consider her as eligible to work and does not have a job... ?

She would fall as not actively seeking a job, and not count in the unemployment stats.

my thing is they use estimates so someone who is employed for 15 years and shows no signs of not wanting to work would I guess be part of the unemployed numbers. I am sure they use econometrics and some sort of benefit analysis to figure a percent, but I am guessing out of the 8% without jobs about 2-4% are considered unemployed, but are not looking for work.

[mass fan]

well give one to someone!

[*]f**k redistribution. If I can find 4 as a 21 year old full time college student the lazy bastard drinking beer all day living on welfare and EBT can find one too.


Plus I don't know many people dumb enough to work for the UNI ticket office, coach middle school baseball, umpire high school baseball, and find time to work for a recruiting website and do video editing.


However, I make serious bank during the summer.

You will make it in life, keep going.

[CSUBUCDAD]

If you knew anything about how unemployment figures are tallied, you would know that the government considers the workforce fully employed with a 95% employment rate. So in effect the actual number of folks with jobs at an 8% unemployment rate would be 87% not 92%

[dgreco]

If you knew anything about how unemployment figures are tallied, you would know that the government considers the workforce fully employed with a 95% employment rate. So in effect the actual number of folks with jobs at an 8% unemployment rate would be 87% not 92%

So basically were figuring it wrong saying out of the 8%, 3-5% may pick to be unemployed, whereas it is really that 3-5% should be subtracted from the 92%... Interesting and 87% sounds a little worse than 92%.

[wideright82]

If we were to combine about 6 different posts from different peopel, we would be working towards a nice little definition of the unemloyment rate We'll get there eventually, I can tell we have something good here.

[dbackjon]

If you knew anything about how unemployment figures are tallied, you would know that the government considers the workforce fully employed with a 95% employment rate. So in effect the actual number of folks with jobs at an 8% unemployment rate would be 87% not 92%

Are you 100% sure on that?

I know 4-5% unemployment is basically considered FULL employment, but I am pretty sure they still start at 100%.

[dgreco]

Quick someone call the Labor Bureau! We need to know this before we all continue to babble on

[Purple For Life]

All these numbers are making my eyes spin.

[dbackjon]

If you knew anything about how unemployment figures are tallied, you would know that the government considers the workforce fully employed with a 95% employment rate. So in effect the actual number of folks with jobs at an 8% unemployment rate would be 87% not 92%

BUCDAD - Bureau of Labor Statistics says you are wrong.


We are at 92% EMPLOYMENT (92% of those that want a job have one).


http://www.bls.gov/news.release/empsit.nr0.htm

February Labor Force - 154,214,000
February Employed - 141,467,000 92%
February Unemployed - 12,457,000 8%

NOT IN WORK FORCE - 80,699,000 (Retired, stay-at-home parents, unemployable, etc).