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originally posted by: poncho1982
This isn't telling me anything new.
I've been unemployed since 9/2014. I looked and looked and looked, and got ZERO calls back on all my applications. I gave up, and am currently freelancing to get by.
I honestly don't know what more a guy can do to find a job. I have an excellent work history, great attendance, and I stay at my jobs for a long time. (since I was 18, the shortest job I had was for 2 years, and that was my last job. I usually stay minimum of 5 years) I have management experience, and tech experience (I'm an electronics repair technician) But they want to pay $9-10 an hour today for jobs that I used to get $18 an hour for. I make more than $10 an hour on my own so you begin to think why work for someone else?
It's really rough out there. I want to move because I feel like I've tapped out the local job market, but I guess it would be the same everywhere.
I find it hard to believe the official numbers. I've been out there in the trenches, I know better.
The BLS jobs report is the product of a pair of surveys, one of more than 410,000 business establishments called Current Employment
Statistics, and one called the Current Population Survey, which questions 60,000 householders each month. It is always calculated on a seasonally adjusted basis determined by a frequently tweaked formula.
The BLS report only provides a snapshot of what's happening at a single point in time.
It's important to understand that the jobs-created-last-month-numbers that it reports are not "real." Not because of a conspiracy,
but because statisticians apply formulas to the raw data, estimate the number of jobs created by the "birth" and "death" of
businesses, and use other filters to fine-tune the numbers.
originally posted by: R3KR
The BLS tells you it is not a real number, its based on a formula they use. Who gets to choose which 60k households get asked questions? Or which business's?....