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 Message Boards » » NC's unemployment rate is Page [1]  
wolfpackgrrr
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8.7%

I didn't realize it was that bad.

3/4/2009 5:52:05 AM

wawebste
All American
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FUCK that, i'm stuck in Georgia

3/4/2009 5:57:05 AM

paerabol
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some states, cali being one, are approaching or at 10%

3/4/2009 5:58:01 AM

BridgetSPK
#1 Sir Purr Fan
31378 Posts
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I just promised my roommate I'd stay with her for another six months if she got a condo, but I'm gonna have to renege. I'm moving back home with Mom and Dad. This shit is out of control.

3/4/2009 6:09:23 AM

wdprice3
BinaryBuffonary
45912 Posts
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8.7%. 8.7%????? That's nothing.

3/4/2009 6:21:35 AM

wolfpackgrrr
All American
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^^^ Michigan is almost at 11%

3/4/2009 6:22:09 AM

wawebste
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3/4/2009 6:22:41 AM

wilso
All American
14657 Posts
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fuck's sake. i'm glad i'm still in school.

3/4/2009 6:58:02 AM

BobbyDigital
Thots and Prayers
41777 Posts
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i'm glad i'm in the top 91.3%

3/4/2009 6:58:52 AM

Mulva
All American
3942 Posts
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They need to worry about paying me my income tax refund instead of giving handouts

3/4/2009 6:59:16 AM

wolfpackgrrr
All American
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^ true

3/4/2009 6:17:44 PM

Tarpon
All American
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Don't worry guys, Obama is going to fix this...........

3/4/2009 6:31:38 PM

Biofreak70
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33197 Posts
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stupid company hired me as a contractor, so i can't do unemployment since they laid me off

well i guess actually smart on their part... but still- assholes

[Edited on March 4, 2009 at 6:35 PM. Reason : s]

3/4/2009 6:35:07 PM

mdozer73
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really it is only 4.7% unemployment.

4% of people do not want to work

3/4/2009 7:12:20 PM

marko
Tom Joad
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do unemployment figures count the retired or those who cannot work, or is it just "able bodied americans?"

3/4/2009 7:14:32 PM

ambrosia1231
eeeeeeeeeevil
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Quote :
"do unemployment figures count the retired or those who cannot work, or is it just "able bodied americans?"
"

It's a %age of the workforce. Retired people and disabled folk aren't part of the labor pool.

Quote :
"Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Persons who were not working and were waiting to be recalled to a job from which they had been temporarily laid off are also included as unemployed. The unemployment rate represents the number unemployed as a percent of the labor force."

http://www.bls.gov/cps/lfcharacteristics.htm#unemp

This is covered in EC 202, btw

[Edited on March 4, 2009 at 7:20 PM. Reason : q]

3/4/2009 7:20:25 PM

wolfpackgrrr
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^^^ Someone doesn't know how unemployment % is calculated

3/4/2009 8:08:51 PM

mdozer73
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What is the lowest unemployment rate NC has ever seen in the best economy? About 4% right? In a good economy, anyone who wants to work can get a job doing something. In that situation, unemployment represents the % of Americans who do not want to work. Using that logic, 8.7% of Americans are able, but only 4.7 want to be working.



[Edited on March 4, 2009 at 9:11 PM. Reason : B]

3/4/2009 8:44:31 PM

wolfpackgrrr
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^ Unemployment checks don't keep rolling in forever. Don't you only get them for a few months? I should ask my friend who is getting them now; I remember him saying the other week he was getting to the end of his time limit

Does the unemployment rate include teenagers and college students who could work but are in school or whatever?

[Edited on March 4, 2009 at 9:00 PM. Reason : .]

3/4/2009 8:59:23 PM

darkone
(\/) (;,,,;) (\/)
11617 Posts
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I wonder if WoW subscriptions are up?

3/4/2009 9:01:26 PM

marko
Tom Joad
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thanks ambrosia

[Edited on March 4, 2009 at 9:04 PM. Reason : lol EC why would i ever have taken that being design school]

3/4/2009 9:02:59 PM

HaLo
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actually most the official unemployment statistics do not include "discouraged" people. these are people who are not actively seeking employment

see: http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=discouraged+workers

official definition of the Bureau of Labor Statistics "unemployment rate"

UNEMPLOYMENT RATE: The proportion of the civilian labor force 16 years or older that is actively seeking employment, but is unemployed and not engaged in the production of goods and services. The unemployment rate is estimated and reported monthly by the U.S. Department of Labor's Bureau of Labor Statistics. It is used not only as the prime measure of labor unemployment in the economy, but also as a key indicator of business-cycle instability. In principle, the unemployment rate measures the proportion of the labor that is willing and able to work, but employed. In practice, the official unemployment rate is simply the ratio of total unemployment to the total civilian labor force, in percentage terms.

[Edited on March 4, 2009 at 9:10 PM. Reason : .]

3/4/2009 9:09:15 PM

evan
All American
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ITS OVER NINE THOUSAAAAAND

3/4/2009 9:10:19 PM

mdozer73
All American
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why is it never 0%?

3/4/2009 9:12:51 PM

dakota_man
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do you or do you not have to qualify for unemployment to count as part of the unemployment statistic?

edit: If it's just estimated, I guess you don't. If I were to get laid off right now, I wouldn't qualify because I quit my last job to work at my current job, which I haven't been at for long enough.

[Edited on March 4, 2009 at 9:16 PM. Reason : see edit]

3/4/2009 9:14:32 PM

bcsawyer
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When Obama and Perdue get through it will be worse than that.

3/4/2009 9:39:58 PM

dakota_man
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rabble rabble rabbshut the fuck up faggot

3/4/2009 9:41:16 PM

bcsawyer
All American
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I, sir am no faggot.

3/4/2009 9:52:48 PM

wolfpackgrrr
All American
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^5 This might have the answer

http://tinyurl.com/dbehay

The link is blocked by my work server so I don't know what it actually says lol

3/4/2009 9:57:01 PM

Mangy Wolf
All American
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Isn't 8.7% the december statistic? We're likely headed to double digits this summer.

3/4/2009 9:58:20 PM

wolfpackgrrr
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It was the latest one they had on CNN's site. Not sure how current it was.

http://www.miseryindex.us/urbymonth.asp

Kind of neat.

3/4/2009 10:04:00 PM

Mindstorm
All American
15858 Posts
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Quote :
"why is it never 0%?"


Because there's a natural rate of unemployment representing new entries into the labor pool, whether it was people who recently became unemployed and are between jobs or because it was somebody just became eligible to enter the labor pool.

3/4/2009 10:18:05 PM

MrLuvaLuva85
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[Edited on March 4, 2009 at 10:26 PM. Reason : l]

3/4/2009 10:26:24 PM

Mr Grace
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9.7 percent

3/11/2009 11:22:52 AM

hershculez
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7.6% national unemployment rate almost doesn't seem terrible compared to the 10.80% in the 80's.

3/11/2009 12:01:28 PM

IS250tim
All American
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There are close to 70 million more people in this country now than there were then. That is why I think the numbers are misleading as I know not all 300+ million are working now, but there is probably a significant enough from the increase in population who are trying to work and would lead to larger numbers being unemployed.

I'm thankful I have a job when graduating as people in other majors that I talk to are rocking about a 90% not having jobs rate where my major of CHE is over half currently do have jobs (that I know of), so scary situation regardless. Especially when my major typically has 100% placement though there are still 2 months until graduation, still a very scary situation.

3/11/2009 4:56:02 PM

not dnl
Suspended
13193 Posts
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raleighs unemployment is relatively low

3/11/2009 4:57:52 PM

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