01 Mar 11
Originally posted by Palynkaunemployed is unemployed. simple.
Isn't it grand how he uses other unemployment figures from the government to argue that the government is lying? 😵
The unemployment rate and the participation rate are not interchangeable and are meant to inform on different things. Simple.
01 Mar 11
1 edit
Originally posted by KazetNagorrawrong. I was equating the people who are long term unemployed who have gave up looking, no longer collect, who have just dropped out. ( thats the lack of participation I am referring too)
You just called them unemployed when you equated unemployment to (lack of) participation.
If you count all these people who are out of work the true unemployment rate is in the mid teens.
01 Mar 11
I think they should give things accurate names:
Unemployment means not employed. If you don't have a job (for whatever reason) you are unemployed.
If they want to give a rate of people actively looking for employment, then call it the actively looking for employment numbers.
Any very small segments of the population will not make much of a difference in the numbers even if they are taken into account.
01 Mar 11
Originally posted by utherpendragonSure, there are other ways to define the unemployment rate, and methods vary significantly from country to country. But they are all arbitrary and to suggest that there is One True Way is at best absurd and at worst dishonest.
wrong. I was equating the people who are long term unemployed who have gave up looking, no longer collect, who have just dropped out. ( thats the lack of participation I am referring too)
If you count all these people who are out of work the true unemployment rate is in the mid teens.
01 Mar 11
Originally posted by EladarA large part of the people in this category are students, housewives and pensioners. I'm sure many of them will object to being tagged "unemployed".
I think they should give things accurate names:
Unemployment means not employed. If you don't have a job (for whatever reason) you are unemployed.
If they want to give a rate of people actively looking for employment, then call it the actively looking for employment numbers.
Any very small segments of the population will not make much of a difference in the numbers even if they are taken into account.
01 Mar 11
Originally posted by KazetNagorraSo what? The reason for unemployment is not important, it is the fact that they are unemployed that's important.
A large part of the people in this category are students, housewives and pensioners. I'm sure many of them will object to being tagged "unemployed".
Perhaps they could make a category: unemployed but wants to be employed. I think that's the most useful stat.
01 Mar 11
Originally posted by EladarThey have that category and they call it "the unemployed".
So what? The reason for unemployment is not important, it is the fact that they are unemployed that's important.
Perhaps they could make a category: unemployed but wants to be employed. I think that's the most useful stat.