OpEdNews Op Eds

Real Unemployment at 23% - Dampening the Excitement

By (about the author)     Permalink       (Page 2 of 2 pages)
Related Topic(s): ; ; ; ; ; ; ; ; , Add Tags Add to My Group(s)

Well Said 7   Must Read 5   News 3  
View Ratings | Rate It

opednews.com Headlined to H3 9/9/12

Become a Fan
  (111 fans)


Appendix:  Unemployment Definitions

U-3 (BLS) Total unemployed, as a percent of the civilian labor force (official unemployment rate)
U-6 (BLS) Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force
SGS Alternative (SGS): 'The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994 [workers are dropped from the discouraged worker status after 12 months and no longer appear in unemployment statistics]. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers."

Next Page  1  |  2

 

http://www.opednews.com/author/author3863.html

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Worst President Ever - Barack H. Obama

Ukraine President Once Agent for U.S. State Department

It's official! You're on your own

Rigged Elections for Romney?

Real Unemployment at 23% - Dampening the Excitement

The Pennsylvania Sexual Assault Scandal, the Second Mile Foundation, and Penn State

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
15 people are discussing this page, with 30 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Thanks for posting this. It's going into my bookma... by Faith Carr on Sunday, Sep 9, 2012 at 7:31:02 AM
So, how do we clean house? Members of congress gen... by Erik Kengaard on Sunday, Sep 9, 2012 at 8:35:32 AM
Start by realizing there are usually more than two... by Richard Pietrasz on Sunday, Sep 9, 2012 at 10:58:26 AM
As we saw with Obama's efforts being shot down at ... by Dane Swank on Sunday, Sep 9, 2012 at 11:38:37 AM
Ok, so we support a second currency, a US Treasury... by Toby Seiler on Sunday, Sep 9, 2012 at 2:23:51 PM
it's debts, but as with the true unemployment numb... by Mark Adams JD/MBA on Sunday, Sep 9, 2012 at 4:41:50 PM
Customer deposits are the property of the bank. G... by Kansas Bright on Monday, Sep 10, 2012 at 11:27:14 AM
The sentiment is out there but the absolute demand... by Michael Collins on Sunday, Sep 9, 2012 at 10:32:01 PM
Why don't we start by holding them accountable to ... by Kansas Bright on Monday, Sep 10, 2012 at 10:25:47 AM
   It's more urgent to end long-... by Jean SmilingCoyote on Sunday, Sep 9, 2012 at 11:27:24 AM
Jean, you should talk to about 100 entrepreneurs a... by Toby Seiler on Sunday, Sep 9, 2012 at 2:37:15 PM
And the first one is very creative, makes a point.... by Michael Collins on Sunday, Sep 9, 2012 at 10:35:35 PM
A part time employee cannot afford to support thei... by Dane Swank on Sunday, Sep 9, 2012 at 11:46:41 AM
It says the U6 rate includes underemployed and the... by Toby Seiler on Sunday, Sep 9, 2012 at 2:47:36 PM
But that would be a very inconvenient number. ... by Michael Collins on Sunday, Sep 9, 2012 at 10:38:42 PM
It would be interesting to know how many are decen... by GES on Sunday, Sep 9, 2012 at 12:05:55 PM
I guess around 25% are employed to their fullest p... by Toby Seiler on Sunday, Sep 9, 2012 at 2:53:37 PM
Los Angeles County as an example.  Here's a L... by Michael Collins on Sunday, Sep 9, 2012 at 10:44:31 PM
Your statistics about real unemployment and the re... by Phil Weingart on Sunday, Sep 9, 2012 at 1:18:34 PM
Your reading in a bias that may not have been inte... by Toby Seiler on Sunday, Sep 9, 2012 at 3:21:21 PM
I am Michael Collins and I endorse those comments!... by Michael Collins on Sunday, Sep 9, 2012 at 10:51:39 PM
the people. To wit, compare the bailouts to the no... by Michael Collins on Sunday, Sep 9, 2012 at 10:50:40 PM
I believe it was the Humphrey-Hawkins Act that est... by Paul Roden on Monday, Sep 10, 2012 at 11:49:17 AM
Local banks benefit when local citizens are workin... by Michael Collins on Monday, Sep 10, 2012 at 12:08:10 PM
Basic Fact:   Politicians are LIARS - is... by Laurence Almand on Sunday, Sep 9, 2012 at 5:17:54 PM
The problem isn't that this country exported 95% o... by Don Caldarazzo on Sunday, Sep 9, 2012 at 7:44:59 PM
Carried on front page point to OEN article.  ... by Michael Collins on Sunday, Sep 9, 2012 at 10:28:36 PM
" It's time to clean house of those who deliberat... by Kansas Bright on Monday, Sep 10, 2012 at 10:21:46 AM
Right on target.  I look forward to reading t... by Michael Collins on Monday, Sep 10, 2012 at 12:57:17 PM
Having a hard time finding work? It's not your fau... by Paul Bern on Saturday, Sep 29, 2012 at 4:18:33 PM