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Obama Hypocrisy Index Picks up Steam

Libs_Are_UsefulIdiots Wrote: Dec 08, 2012 4:20 AM
"... because mostly people stopped looking for work." I am still trying to figure out how anyone actually knows how many people "stopped looking for work." The only figures the Feds have to deal with are the numbers of people who have applied for unemployment, and those who have exhausted their unemployment benefits. Once someone has exhausted their unemployment benefits. there is no way to count or track them, and certainly NO WAY to know whether or not they've actually "stopped looking for work."
FletchforFreedom Wrote: Dec 08, 2012 9:30 AM
Sorry, the unemployment figures are determined by active surveys, not by unemployment compensation data.
Bernard83 Wrote: Dec 08, 2012 9:52 AM
I understand that but the question was.
Once someone has exhausted their unemployment benefits. there is no way to count or track them, and certainly NO WAY to know whether or not they've actually "stopped looking for work."
By checking the records of the UI claims and the records of the SSDI claims. One could know if 'someone' had given up looking.
CantKeepUp Wrote: Dec 08, 2012 3:58 PM
All BLS numbers come from the household survey and the business survey. They apply the responses to the population as a whole and calculate the percentages. When the number of people on unemployment benefits are mentioned, that is a separate data set and the BLS does not use that. The number of people who have stopped looking for work comes from the BLS survey. When someone falls of the unemployment rolls they no longer follow them, unless theory household just happens to be one of the survey households.
Bernard83 Wrote: Dec 08, 2012 9:02 AM
Well if I was in the unemployment office filling out applications and talking to a counsellor every week while I was looking for work and I was receiving my UI check. I'd be counted as unemployed and looking for work. If my benefits ran out and I showed up on the SSDI rolls then I could be counted as having stopped looking for work because to qualify for SSDI I would have to be unable to work due to a disability.
Beeblebrox Wrote: Dec 08, 2012 8:16 AM
Well, there was that guy who just won the Lottery so he stopped looking for work on purpose. Otherwise, if you are of working age and don't have a job and are not on unemployment benies then you have fallen off the U3 stat. But you're still on the U6.

The U6 is the real unemployment number which is currently 14.4%.

CantKeepUp Wrote: Dec 08, 2012 4:39 AM
http://www.bls.gov/news.release/empsit.faq.htm
CantKeepUp Wrote: Dec 08, 2012 4:34 AM
I bet the BLS ask that question in their regular household survey. Compile it like all the other data used for the employment world.
Libs_Are_UsefulIdiots Wrote: Dec 08, 2012 4:24 AM
DoctorRoy Wrote: 1 hour ago (2:53 AM)
... i just don't know how you determine that people have stopped looking for a job. In fact there is no way to determine that so why even mention it?


> Exactly!!! "... there is no way to determine that" and how does that factor into anything.
Chris from Kalifornia Wrote: Dec 08, 2012 5:04 AM
Actually the Unemployment Development Departments keep track of how many people they have listed.

What a difference a few month makes.

Last month we were told by a fawning news media how great things were. The economy was a little engine that could.  And the declining unemployment rate was touted in headlines as significant progress toward economic recovery.

Unemployment rate falls to 7.8% in September, reported the Washington Post- a four-year low...”nearly”… whatever “nearly” means.

“The nation’s jobless rate dropped to its lowest point in nearly four years in September. And unlike some recent declines, this one happened for the right reason: not because people gave up looking for a job, but...

Related Tags: Hypocrisy