What are the chances Trump will tell us what the REAL unemployment number is?

If unemployment benefits have nothing to do with compiling job stats, where exactly einstein to you think the data comes from?

BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, as yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4

You need to stop trying to salvage a bad position you took for bad reasons.

Yes there is a SEPARATE report of unemployment insurance claims, but has nothing to do with unemployment numbers commonly used, including number used in the original post of yours I responded to.

I don't need to salvage anything, you just can't admit when you are wrong. You stated that unemployment rates reported do not include statistics from benefits claims, which it does. Do you work in the BLS? I doubt it.

You are pathetic.

9.2% unemployment statistic (aka U6) you cited is not based on unemployment benefits. THE END.

Go to the BLS website and look it up moron.
 
BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, as yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4

You need to stop trying to salvage a bad position you took for bad reasons.

Yes there is a SEPARATE report of unemployment insurance claims, but has nothing to do with unemployment numbers commonly used, including number used in the original post of yours I responded to.

I don't need to salvage anything, you just can't admit when you are wrong. You stated that unemployment rates reported do not include statistics from benefits claims, which it does. Do you work in the BLS? I doubt it.

You are pathetic.

9.2% unemployment statistic (aka U6) you cited is not based on unemployment benefits. THE END.

Go to the BLS website and look it up moron.

Dumbass, 9.2% unemployment number comes from HOUSEHOLD SURVEY which has NOTHING TO DO WITH COMPLETELY SEPARATE "PAYROLL SURVEY" or insurance weekly claims report you underlined.

It is not me that is being a moron unable to do basic reading, it is you in fact.
 
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Unemployment benefits have ZERO to do with compiling unemployment statistics.

And 9.2% IS NOT what Trump was claiming. He was claiming varying bullshit about unemployment being 20-40%

If unemployment benefits have nothing to do with compiling job stats, where exactly einstein to you think the data comes from?

BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.
 
You definitely need to be more of an Einstein to understand something beyond your google search technique, as yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4

You need to stop trying to salvage a bad position you took for bad reasons.

Yes there is a SEPARATE report of unemployment insurance claims, but has nothing to do with unemployment numbers commonly used, including number used in the original post of yours I responded to.

I don't need to salvage anything, you just can't admit when you are wrong. You stated that unemployment rates reported do not include statistics from benefits claims, which it does. Do you work in the BLS? I doubt it.

You are pathetic.

9.2% unemployment statistic (aka U6) you cited is not based on unemployment benefits. THE END.

Go to the BLS website and look it up moron.

Dumbass, 9.2% unemployment number comes from HOUSEHOLD SURVEY which has NOTHING TO DO WITH COMPLETELY SEPARATE "PAYROLL SURVEY" or insurance weekly claims report you underlined.

It is not me that is being a moron unable to do basic reading, it is you in fact.

Poor Antontoo....can't understand the writing on the BLS website that provides what I've been telling him. He's in denial....and no, that's not the river in Africa.
 
If unemployment benefits have nothing to do with compiling job stats, where exactly einstein to you think the data comes from?

BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures
If unemployment benefits have nothing to do with compiling job stats, where exactly einstein to you think the data comes from?

BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.


but I did work at BLS as an economist for over a decade......yeah right, we are to just believe you because you say so? BWAHAHAHAHAHAHAAHA
 
Well, we have our answer. Sean Spicer, SPOKESMAN for Trump, said today that Trump thought the numbers were phony during the campaign,

but he doesn't think they're phony now.

We are in political outer space, people.
 
BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures
BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.


but I did work at BLS as an economist for over a decade......yeah right, we are to just believe you because you say so? BWAHAHAHAHAHAHAAHA

U-6 parallels U-3 almost exactly, at a higher level.
 
Too difficult to determine who you are quoting here--it appears somebody is responding to my post but it got really messed up in there.
Yeah, I mistyped on one of the quote tags.

But no, a full time college student would not necessarily be listed among the unemployed UNLESS he/she was one of many many college students who need part time jobs to help with their expenses in college. I worked at some kind of paying job continuously when I was in college as my kids as their scholarships and our helping out always fell short of their actual needs. But between all three income sources, we were able to keep their student loans at a manageable level that they were able to pay off fairly easily once they were out of college.
Need has nothing to do with it....work activity takes precedence, so if someone is looking for work, s/he is unemployed regardless of whether or not they're students or retired. An exception would be if a student is looking for a post-student job and is looking now for a job starting in May or June. S/he would not be considered unemployed because they're not available for work now.

Nor do we count as unemployed somebody like me who could still be running my business but chose instead to fully retire and enjoy something different.
Correct...a lot of those claiming "real unemployment rate" are including people who don't want/need a job.

But I know at least a dozen people personally right now who are adults and not yet ready to retire who are not working at permanent full time jobs and want to be. None are drawing unemployment so they don't count in the official unemployment rate.
Huh? The official unemployment rate is not based on unemployment insurance benefits. If you are looking for a job and are available to start now, then you are unemployed. Doesn't matter if you've ever had or applied for benefits or if you ever had a job.


Well we'll just disagree on most of that. I myself do NOT count as unemployed as I am beyond normal working age and am retired. I don't count in the work force out of work either. The person who has exhausted his unemployment benefits and is just sitting a home sending out resumes is not counted as among the official unemployed but he/she is counted in the real unemployed. Regardless of status--unemployed but wanting work or unemployed and not looking for work he/she is counted as a working age adult who is not working.
 
Obama's unemployment is 4.7% yet Dem's claim the poor are in dire straights, the middle class can't find a job and need help, people can't afford their student loans, the middle class haven't had a pay raise in 15 years, everything is horrible...yet Obama was awesome. :eusa_think:
 
BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures
BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

but I did work at BLS as an economist for over a decade......yeah right, we are to just believe you because you say so? BWAHAHAHAHAHAHAAHA

Io8PxS.gif


There is definitely some mental deficiencies going on with our righty friends.
 
Too difficult to determine who you are quoting here--it appears somebody is responding to my post but it got really messed up in there.
Yeah, I mistyped on one of the quote tags.

But no, a full time college student would not necessarily be listed among the unemployed UNLESS he/she was one of many many college students who need part time jobs to help with their expenses in college. I worked at some kind of paying job continuously when I was in college as my kids as their scholarships and our helping out always fell short of their actual needs. But between all three income sources, we were able to keep their student loans at a manageable level that they were able to pay off fairly easily once they were out of college.
Need has nothing to do with it....work activity takes precedence, so if someone is looking for work, s/he is unemployed regardless of whether or not they're students or retired. An exception would be if a student is looking for a post-student job and is looking now for a job starting in May or June. S/he would not be considered unemployed because they're not available for work now.

Nor do we count as unemployed somebody like me who could still be running my business but chose instead to fully retire and enjoy something different.
Correct...a lot of those claiming "real unemployment rate" are including people who don't want/need a job.

But I know at least a dozen people personally right now who are adults and not yet ready to retire who are not working at permanent full time jobs and want to be. None are drawing unemployment so they don't count in the official unemployment rate.
Huh? The official unemployment rate is not based on unemployment insurance benefits. If you are looking for a job and are available to start now, then you are unemployed. Doesn't matter if you've ever had or applied for benefits or if you ever had a job.


Well we'll just disagree on most of that. I myself do NOT count as unemployed as I am beyond normal working age and am retired. I don't count in the work force out of work either. The person who has exhausted his unemployment benefits and is just sitting a home sending out resumes is not counted as among the official unemployed but he/she is counted in the real unemployed. Regardless of status--unemployed but wanting work or unemployed and not looking for work he/she is counted as a working age adult who is not working.

You have no clue what you are talking about.

You are counted as unemployed as long as you are 16+ age and are looking for a job (U3), U6 simply adds under-employed and discouraged workers to U3 numbers.

You can have your own opinion, you can't have your own facts.
 
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BLS conducts Household surveys.

You don't need to be an Einstein to know, you need to simply know how to do basic google search.

Here, let me show you how you would do that:

Click me to learn how to google sht


You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures?

The Current Population Survey....same as the U-1, U-2, U-3, U-4, and U-5.
 
Now that the BLS number is out, like the ones that for months Trump and his cult invariably claimed were doctored, rigged, faked, or something of that sort,

will Trump once again set us straight on how fake the 4.7% number is?

His real number should be what? About 39%? Based on his past 'truth telling'?
LMAO! So now you want to change how the numbers are represented. Did Trump say anything about the unemployment numbers?

I'm kind of wondering because with Trumps job gains people will see it. With obies so called gains nobody got a new job but the unemployment rate kept dropping and you all kept telling us how much better things were.

How are you going to spin people actually getting jobs as a bad thing?
 
Now that the BLS number is out, like the ones that for months Trump and his cult invariably claimed were doctored, rigged, faked, or something of that sort,

will Trump once again set us straight on how fake the 4.7% number is?

His real number should be what? About 39%? Based on his past 'truth telling'?
Do you think BHO's numbers were any good too ??

Wanna buy a bridge ?!
 
What is this a comedy skit? After eight years of labor stagnation and fake government stats and the IRS used to punish political enemies the left want's to know if the barely two month old Trump administration is honest about the labor market after the DOW went up 500 points in two freaking months? WTF are lefties smoking?
 
The 'real' unemployment number is going to be determined according to how those figure it.
Unemployed has always been defined as not working, and looking for work. In 1967 it was tightened up some to specify actually able to start a job if offered one, and actively looked for work in the previous 4 weeks. The definition isn't changed based on who is calculating it.



, but he is absolutely right that the actual unemployment rate is much higher than the official one.
What is "actual unemployment?" Definition, please.

And it is true that a record number of Americans are not working in some capacity, but also a record number of Americans of working age are not working at all and jobs creation has not kept up with new people coming of age and ready to enter the work force.
It's also true that a record number of people are working.

Add those who are working at part time jobs or otherwise at less than what they consider optimum employment and the number probably does approach that 50 some percent the President cited though admittedly many of those are not working by choice, not necessity.
No...there are only about 6 million working part time for economic reasons.

Try these sites who have put some numbers together:

Does the Government Lie About Unemployment?
Accurate for the mechanics. But calling the U-6 "real unemployment?" How on earth is including people who have jobs (some of whom usually work full time) is real unemployment? If a restaurant has a slow week and a waitress works short shifts putting her under 35 hours that week, is she really unemployed?

I usually like Peter Morici, but he went off the rails here with some very inventive numbers and assumptions.

[qutote]Jobs: The 'Real' Unemployment Rate Please? Anyone?
Same here. I mean...assuming full time students should really be looking for jobs and so calls them unemployed? Really?

Too difficult to determine who you are quoting here--it appears somebody is responding to my post but it got really messed up in there.

But no, a full time college student would not necessarily be listed among the unemployed UNLESS he/she was one of many many college students who need part time jobs to help with their expenses in college. I worked at some kind of paying job continuously when I was in college as my kids as their scholarships and our helping out always fell short of their actual needs. But between all three income sources, we were able to keep their student loans at a manageable level that they were able to pay off fairly easily once they were out of college.

Nor do we count as unemployed somebody like me who could still be running my business but chose instead to fully retire and enjoy something different.

But I know at least a dozen people personally right now who are adults and not yet ready to retire who are not working at permanent full time jobs and want to be. None are drawing unemployment so they don't count in the official unemployment rate. They do count in the real unemployment rate.
Interesting. Yet, there are about 6 million jobs going begging. In fact, where I work, they are offering excellent bonuses to anyone that refers competent Millwrights, Electricians, or Automation people to them that they hire. And after tax income is about over $1000 a week. Problem is for most, these are technical jobs that are also very dirty and dangerous.

From here on, there are not going to be good jobs for those without a skill or education. If you like cleaning toilets, go ahead and remain ignorant. For that is about all that is left for the unskilled. And no politician is going to change that.
 
What is this a comedy skit? After eight years of labor stagnation and fake government stats and the IRS used to punish political enemies the left want's to know if the barely two month old Trump administration is honest about the labor market after the DOW went up 500 points in two freaking months? WTF are lefties smoking?
What the fuck are you smoking, you delusional asshole? President Obama inherited an economy going straight down, job loss in Jan09 about 700,000. The orange clown inherited a market at just below, 20,000, going up. And unemployment at 4.7% and going down. So the clown claims that the January and February increase is soley due to him. LOL Next he will take credit for the sun rising in the East. And blame former President Obama for the darkness when it sets in the west. LOL
 
You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures
You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.


but I did work at BLS as an economist for over a decade......yeah right, we are to just believe you because you say so? BWAHAHAHAHAHAHAAHA

U-6 parallels U-3 almost exactly, at a higher level.

SO?.....where do the numbers come from???? a phone survey only???? same accuracy of the polls that told us Hilliary would be president. It's bullshit
 
You definitely need to be more of an Einstein to understand something beyond your google search technique, and yes, reports from unemployment claims are used moron......

The Current Employment Statistics survey (CES), or "Payroll Survey", conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[38] This survey measures only civilian nonagricultural employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[39] The Bureau of Labor Statistics provides up-to-date numbers via a PDF linked here.[40] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[4


It is not the sole basis of the reported rate, but it is used to compute the ESTIMATED AGGREGATE. Yes, UE rates are ESTIMATED and therefore are most likely manipulated.

Let's be as clear as possible: Employment Situation Technical Note
The household survey provides information on the labor force, employment, and unemployment that appears in the "A" tables, marked HOUSEHOLD DATA. It is a sample survey of about 60,000 eligible households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics (BLS)....
People are classified as unemployed if they meet all of the following criteria: they had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits.

Of course the numbers are an estimate...do you think we could run a full census every month?

This is the U3 rate, which is highly subjective. I've been in the workforce for over 30 years and never once have I been called for this "survey". While it is probably more accurate than the polls that said Hilliary would be our president right now, the more accurate rate calculated by the BLS is the U6 rate, which does use state unemployment benefit claims as part of the calculations. That was reported today at 9.2%, not the 4.7% U3. Have you ever been called?
No, the U-6 does not use state unemployment claims. The official unemployment definition is:

All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.

The U-6 adds in those Marginally Attached to the Labor Force:
Persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged workers are a subset of the marginally attached.

and it adds in those working Part Time for Economic Reasons
those who worked 1 to 34 hours during the reference week for an economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.

And no, I've never been part of the CPS, nor would I expect to be, but I did work at BLS as an economist for over a decade.

So riddle me this batman......just where do the numbers come from for the U6 figures?

The Current Population Survey....same as the U-1, U-2, U-3, U-4, and U-5.

Surveys of who????? same fucking people every week?? all 60,000??? that's real science there, as accurate as the polls telling us Hilliary was going to be president... bullshit
 

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