Oh, heck....I'm pretty fed up with lies right now after listening to the Commander-in-Concoctions tonight. So, here goes:
<font size="2" face="Verdana, Helvetica, sans-serif">You might enjoy reading some of the stories of American workers who have lost their jobs, can't find new jobs, or find jobs paying far less than they have been used to getting for their level of training/education. You have heard of outsourcing, haven't you? Check it out.Could it be that 95.4% of these unhappy folks have a job?
Also, the unemployment rate is really just a guess. And, considering the parameters used, it's a poor guess. Why do I say this?
* If you are sick and can't work this week, even if you DON'T HAVE SICKLEAVE PAY, you are considered employed. Yes, employed but no paycheck, or a reduced paycheck this week.
* If you are a full-time student who is not current employed, you are not counted because they don't considered full-time students part of the workforce. If you are in college or voc-tech school, chances are, you need a job. I know quite a few students who are unemployed right now and desperately seeking work. In fact, two of them have been couch-surfing at our house since the term began after New Year's because they can't afford their own lodging until they get work. Since young adults are the fastest growing group of homeless folks (and, yes, couch-surfing qualifies as being homeless), I'm sure I'm not the only person in this country with a unemployed student who isn't counted as part of the unemployment numbers sleeping on one of my couches.
* If you are on strike, you are considered employed even though you aren't getting a paycheck.
* If you work one hour...repeat, one hour, 1 hour, one whole hour...during the week, you are considered employed. How many of us can pay our mortgage/rent, our heating/cooling bills, etc. on 1 hour's pay? Not me. There are many people in our current economy working part-time who really want and need full-time jobs.
* Even though many senior citizens work because they need to due, people of that age aren't counted in the unemployment figures. However, a percentage of them need to work and are seeking work. What percentage? I have no idea. It's probably fairly low but keeping them out of the unemployment figures definitely skews that number.
* People with disabilities, including developmental disabilities, are also excluded from the unemployment figures. Odd, considering a large portion of those with developmental disabilities do work and need to work. I have two good friends who work in two different organizations devoted to finding jobs for those with developmental disabilities. So these folks are in the labor market but they are not counted. Again, this skews the numbers.
* It only includes those who have looked for a job within the last four weeks. In other words, if you have been chronically unemployed and have become so discouraged that you aren't seeking work at the present time, you are not counted.
* Homeless...this is a big one! The Bureau of Labor Statistics gets it's unemployment/employment number is gotten by doing a household survey. If you don't have a household, you aren't surveyed. D'oh!! Another thing to skew the numbers!
Anyway, since this is a survey, it is never going to be 100% accurate.
<font size="2" face="Verdana, Helvetica, sans-serif">SourceDue to these deficiencies, many labor market economists prefer to look at a range of economic statistics such as:
* Labor market participation rate (the percentage of people aged between 15 and 64 who are currently employed or searching for employment)
* The total number of full-time jobs in an economy
* The number of people seeking work as a raw number and not a percentage
* The total number of person-hours worked in a month compared to the total number of person-hours people would like to work
and BLS
Oh, I wish I had found this article sooner. It explains the problems with the unemployment rate better than I have. Check it out.
OK, now, let's talk about under-employment. We all know somebody who has had to find a new job that included a cut in pay, a cut in benefits, and/or a cut in hours, right?
Underemployment has been tracked since 1994. It was at its lowest in the late 90's. The last year I could find figures for this is 2004 when the rate was 9.6% (Source)
I could go on, but I think that's enough to blow that comment out of the water.
And I could easily do that with just about every statement in the OP.
And my dissatisfaction with the direction of this country is not because I want more for me. I'm pretty satisfied with my situation. It's just that the world doesn't end with me. I also care about other people. When roughly 45 million people have no health insurance, when our national debt/deficit is so high that our grandchildren will be paying off our bills, when 3000+ Americans have died in a ridiculous, imperialist war...whew! Anybody not living in Fantasyland should be dissatisfied with the direction this country is going in. I'd rather live in the reality-based world, warts and all.
<font color="#a62a2a" size="1">[ January 11, 2007 01:40 AM: Message edited by: funkycamper ]</font>
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