The real unemployment figure in the US is around 20% - Page 2 - GoFuckYourself.com

born2blog · 08-19-2009, 08:30 PM

Quote:

Originally Posted by Fletch XXX

this shit is going to make Hurricane Katrina look like a water sprnkler of fun on a sunday afternoon

nice metaphor

born2blog · 08-19-2009, 08:33 PM

Quote:

Originally Posted by Rochard

Yeah, the unemployment rate is a lot less than is being reported. I know a handful of people who fly under the radar, have full time jobs, under the table.

that's a very good point also Rochard, I think most of us know a few people like that, it's more common than some people might think

shageman · 08-19-2009, 08:47 PM

Just had to reply to educate some of the youth out there, the numbers you want to look are called U6 numbers. U3 numbers were put into public view during the great depression. They knew it was going to be long, people were losing their job but yet they kept seeing rising unemployment numbers, and reporting it to the public. This continues to panic the public and create a frenzy, if you look at the crash you could almost see the day they put u3 numbers to public use. Unemployment was cut in half if not more, since u3 numbers only refer to people who are collecting unemployment benefits.

There is a catch thou to the u3 numbers, if you are going to school free on the governments dime, you are not considered on the u3 numbers, the government looks at you as they are paying you to goto school, so school is considered your job. Another thing that you have to remember about the big crash they keep referring to was that the unemployment numbers were considered for any person above the age of 14 yrs of age. If you were working at 14 doing a paper route and you lost your job, you could be in their collecting money for the family.

So the big difference is the spoon fed information to the public, trust me if government came out and said the u6 numbers were i believe last i looked was last month and it was 17.6%, people would flip, they are panicking now that they think it will top 10% on the u3 numbers. Now you understand why the government split the numbers into several numbers, one number is that on which tax payers are paying them a weekly check, the other is those same people grouped up with people who still have not found a job.

K thats all for me, look up the u3 and u6 numbers and see for yourself, only reason i know this stuff is one of my family numbers work for the state unemployment and laughs every time she hears 8% etc.

08-19-2009, 08:47 PM	#53
shageman Confirmed User Join Date: Oct 2002 Posts: 407	Just had to reply to educate some of the youth out there, the numbers you want to look are called U6 numbers. U3 numbers were put into public view during the great depression. They knew it was going to be long, people were losing their job but yet they kept seeing rising unemployment numbers, and reporting it to the public. This continues to panic the public and create a frenzy, if you look at the crash you could almost see the day they put u3 numbers to public use. Unemployment was cut in half if not more, since u3 numbers only refer to people who are collecting unemployment benefits. There is a catch thou to the u3 numbers, if you are going to school free on the governments dime, you are not considered on the u3 numbers, the government looks at you as they are paying you to goto school, so school is considered your job. Another thing that you have to remember about the big crash they keep referring to was that the unemployment numbers were considered for any person above the age of 14 yrs of age. If you were working at 14 doing a paper route and you lost your job, you could be in their collecting money for the family. So the big difference is the spoon fed information to the public, trust me if government came out and said the u6 numbers were i believe last i looked was last month and it was 17.6%, people would flip, they are panicking now that they think it will top 10% on the u3 numbers. Now you understand why the government split the numbers into several numbers, one number is that on which tax payers are paying them a weekly check, the other is those same people grouped up with people who still have not found a job. K thats all for me, look up the u3 and u6 numbers and see for yourself, only reason i know this stuff is one of my family numbers work for the state unemployment and laughs every time she hears 8% etc.