The Real Unemployment Rate - The Horse Forum
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post #1 of 20 Old 06-05-2009, 12:46 PM Thread Starter
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The Real Unemployment Rate

today's economy, in which some 2 million people searching for full-time work have had to settle for less, and unemployment is much higher than the official rate when all the Americans who gave up looking for jobs are counted, too.
Because of the surge of hiring for the census, April unemployment only rose to 8.9 percent — a much slower increase than had been feared. Figures out today show unemployment now stands at 9.4 percent.
But consider these numbers:
_The 9.4 percent May unemployment rate is based on 14.5 million Americans out of work. But that number doesn't include discouraged workers, people who gave up looking for work after four weeks. Add those 792,000 people, and the unemployment rate is 9.8 percent.
_The official rate also doesn't include "marginally attached workers," or people who have looked for work in the past year but stopped searching in the past month because of barriers to employment such as child care, poor health or lack of transportation. Add those 1.4 million people, and the unemployment rate would be 10.6 percent.
_The official rate also doesn't include "involuntary part-time workers," or the 2.2 million people who took a part-time job because that's all they could get, plus those whose work hours dropped below the full-time level. Once those 9.1 million workers are added to the unemployment mix, the rate would be 16.4 percent.

I am concerned for the security of our great Nation; not so much because of any threat from without, but because of the insidious forces working from within. Douglas MacArthur
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post #2 of 20 Old 06-06-2009, 08:52 AM
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Hope it will turn better soon. Recessions always increase all kind of problems and malaise.

"On hyviä vuosia, kauniita muistoja, mutta kuitenkaan, en saata unohtaa,
Että koskaan en ole yksin, varjo seuraa onneain.
Vaikka myrsky hetkeksi tyyntyykin, varjo seuraa onneain.
Ja pian taas uusin hönkäyksin, varjo seuraa onneain.
Hei tuu mun luo, pieneksi hetkeksi. Puhutaan, varjoni, valkoiseksi enkeliksi."

Pelle Miljoona Oy - Varjo seuraa onneain

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post #3 of 20 Old 06-06-2009, 11:59 AM
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I do too, we will see what happens.

A good cowboy always has a better horse at the end of the ride, a poor cowboy will be afoot reguardless of the horse.

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post #4 of 20 Old 06-06-2009, 12:54 PM
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You are so right there RC with the numbers. It doesn't reflect the reality that is out there. I really, really hope this turns around soon.

All I pay my psychiatrist is cost of feed and hay, and he'll listen to me any day!

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post #5 of 20 Old 06-06-2009, 01:07 PM
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It isn't so bad down here, I've helped a few different friends out and they were able to get interviews within 20 minutes to a few hours. Some of them had a job the same day, some maybe two days.

Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising which tempt you to believe that your critics are right. To map out a course of action and follow it to an end requires courage.
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post #6 of 20 Old 06-06-2009, 03:00 PM
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Originally Posted by shmurmer4 View Post
It isn't so bad down here, I've helped a few different friends out and they were able to get interviews within 20 minutes to a few hours. Some of them had a job the same day, some maybe two days.
Wow that's good. Over here the local paper mill decided to decrease their employees A LOT. Now we're waiting affections of that. The mill was/is one of the most important employers over our little backblocks area so I reckon all that will inevitably affect here.

"On hyviä vuosia, kauniita muistoja, mutta kuitenkaan, en saata unohtaa,
Että koskaan en ole yksin, varjo seuraa onneain.
Vaikka myrsky hetkeksi tyyntyykin, varjo seuraa onneain.
Ja pian taas uusin hönkäyksin, varjo seuraa onneain.
Hei tuu mun luo, pieneksi hetkeksi. Puhutaan, varjoni, valkoiseksi enkeliksi."

Pelle Miljoona Oy - Varjo seuraa onneain

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post #7 of 20 Old 06-08-2009, 04:39 PM
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Quote:
Originally Posted by shmurmer4 View Post
It isn't so bad down here, I've helped a few different friends out and they were able to get interviews within 20 minutes to a few hours. Some of them had a job the same day, some maybe two days.
I'm moving to Texas.
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post #8 of 20 Old 06-08-2009, 06:19 PM
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Not everywhere in Texas..I am a registered nurse that just graduated, and I am having the hardest time finding a job. There is a huge nursing shortage here, but they only want experienced nurses..never in a million years would I have thought I would have a problem getting a job after I graduated.
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post #9 of 20 Old 06-09-2009, 10:37 AM
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I won't lie it's a little anxiety giving at the moment because even here we had a lot of managers get let go. All the staff are wondering that the future is going to hold. A scary position to be in even for our industry where more staff have been needed for years.

Hope things turn out for everyone.
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post #10 of 20 Old 06-09-2009, 12:31 PM
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Originally Posted by PalominoStarsky View Post
Not everywhere in Texas..I am a registered nurse that just graduated, and I am having the hardest time finding a job. There is a huge nursing shortage here, but they only want experienced nurses..never in a million years would I have thought I would have a problem getting a job after I graduated.
That's so annoying! They want someone with more experience but how you can ever get experience if nobody hires you? (the other group is almost retired people; they have a lot of experience and wisdom but none want them because they retire so soon).

Hope you'll get a some kind of job soon.

"On hyviä vuosia, kauniita muistoja, mutta kuitenkaan, en saata unohtaa,
Että koskaan en ole yksin, varjo seuraa onneain.
Vaikka myrsky hetkeksi tyyntyykin, varjo seuraa onneain.
Ja pian taas uusin hönkäyksin, varjo seuraa onneain.
Hei tuu mun luo, pieneksi hetkeksi. Puhutaan, varjoni, valkoiseksi enkeliksi."

Pelle Miljoona Oy - Varjo seuraa onneain

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