Originally Posted by pan6467

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



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 ----------





Yeah, that pretty much says it all there.