Whining Thread #2

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pygmalion said:
I wish you were wrong, but fear you may be right.

I suspect that the unemployment numbers may be related to how the unemployment figure is calculated. If signs of recovery make lots of people flock back into the job market, then unemployment numbers go up. I suspect that a lot of "discouraged workers" may be choosing to take another shot at getting a job after long term unemployment. The numbers make sense. They're just disappointing.
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Also, unemployment numbers don't include people who have just given UP looking for a job, so those stats can be very misleading.
 
TangoRocks said:
Also, unemployment numbers don't include people who have just given UP looking for a job, so those stats can be very misleading.
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Other than looking at actual applications for unemployment benefits, how do "they" come up with these numbers? I mean there are a ton of people between jobs and looking or not looking who don't qualify for unemployment or don't think they do or don't want to take it. It is probably impossible to account for those people.
 
wonderwoman said:
Other than looking at actual applications for unemployment benefits, how do "they" come up with these numbers? I mean there are a ton of people between jobs and looking or not looking who don't qualify for unemployment or don't think they do or don't want to take it. It is probably impossible to account for those people.
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The short answer is: it's complicated.

The long answer is: I believe the stats quoted are often computed by the Bureau of Labor Statistics. Other times it is based on the unemployment rolls (aka: who is collecting unemployment). People currently out of work because they are between jobs and looking is considered a type of "frictional unemployment". It is generally considered voluntary (as opposed to involuntary unemployment, such as in the case of a layoff or similar). Those who are out of work and not look are not, IIRC, considered in the calculation of unemployment numbers.

For more information: http://www.bls.gov/bls/unemployment.htm
 
Also remember that unemployment figrues aren't necesarrily meant to show exactly how many people are out of work, but instead to be used as an index to compare to previous numbers. It's meant as an index/gauge, not as a definitive count
 
etp777 said:
Also remember that unemployment figrues aren't necesarrily meant to show exactly how many people are out of work, but instead to be used as an index to compare to previous numbers. It's meant as an index/gauge, not as a definitive count
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True enough. There are difficulties with measuring the number. I'd bet dollars to donuts that the BLS numbers are estimates. There is inherent error when working with estimates. That said, I trust BLS data. They have their issues like any other data, but I have worked with it and know some of their methodologies and it's pretty good. If its anything like the numbers I/my division produce/s, I definitely trust it.
 
Oh dear.

Assignment due midday tomorrow. Haven't started.
Assignment due midday Thursday. Haven't started.

Just remembered that I was meant to email my tutor a written copy of the presentation I did...last thursday.

:(

Stress.
 
stop, take a breath, then sit down and figure out order you need to do them to get it all done in time. You'll handle it just fine

Or get a Tardis. ;)
 
First thing: email tutor with profuse apologies and offer to do extra presentations and stuff.
Get into Uni and start the essay - I get no work done at home.
Never mind the tute prep...tute can live.

Thank God there's a 24-hour computer suite in the library. Farewell sleep.
 
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