Quote:
Originally Posted by dippin
I've already provided a link to all of that in this very thread.
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You mean this?
Table A-12. Alternative measures of labor underutilization
And I asked you what the numbers were before and after... you didn't give them let me.
Dec. '08 13.5
Dec. '09 17.1
Hmmmmm a gain when supposedly the stiumulus was putting people back to work.
This is how they get that U6 number
Quote:
NOTE: Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and
are available for a job and have looked for work sometime in the recent past. Discouraged workers, a subset of the marginally attached,
have given a job-market related reason for not looking currently for a job. Persons employed part time for economic reasons are those
who want and are available for full-time work but have had to settle for a part-time schedule. For more information, see "BLS intro-
duces new range of alternative unemployment measures," in the October 1995 issue of the Monthly Labor Review. Updated population con-
trols are introduced annually with the release of January data.
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Now, the funny thing is, no one I know has ever been asked if they are looking for a job or not. Nor has anyone I know been asked if they are part time looking for full time. Nor, does it say ANYTHING about those having lost jobs making less at a new on. Again, it does not include self employed or independent contractors who do not pay into unemployment and are now unemployed, making far less while working the same or more hours or working for less due to hours cut or lack of business. Or those plumbers, contractors I know that are doing jobs and getting bad checks and losing money due to having paid for supplies. Courts can't force someone who has no money to pay, they can try, but in the end it just destroys their credit while the plumber/roofer/etc loses money they need.
So, yeah the U6 number is a good government number that means dick and is easily manipulated.
---------- Post added at 08:46 AM ---------- Previous post was at 08:45 AM ----------
Quote:
Originally Posted by cnredd
This all you need to know about how well Barack Obama has done in his first year...
On the day he was inaugurated, he had a 68% approval rating. He had a 12% disapproval rating. That's difference of +56...
One year later, his approval rating is less than half (47%...it dropped 21 percentage points), and his disapproval rating is the same as his approval rating, meaning it's increased 35 percentage points...thus, giving him a difference of ZERO...
Losing a 56 point lead in the approval/disapproval ratings explains everything...
Add the second "t" (for http) in the address below to see the graph...
htp://i189.photobucket.com/albums/z23/cnredd/Gallup_1yr.jpg
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Yeah, that pretty much says it all there.