Unemployment: The Worst-Hit States In July (MAP), page 1
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reply posted on 21-8-2009 @ 05:17 PM by cnichols
Originally posted by warrenb
The government announced two weeks ago that the national unemployment rate fell from 9.5 to 9.4 percent, although that may have been a statistical aberration.



I was currious about what the U-6 showed for that same time period. Here is what I found. I've also included the link if you want to see "all" the data, since I couldn't edit it correctly for viewablity here on the forums.

BLS Website

The U-3 numbers are the ones they use for "public consumption" on the MSM. However, the U-6 numbers are much more accurate. As far as the "seasonally adjusted" tbh I don't really know what that means. Maybe some have salt and some don't? ()

Not Seasonally Adjusted -- June 2009 -- July 2009
Measure
U-3 -- 9.7 ---- 9.7
U-6 -- 16.8 ---- 16.8

Seasonally Adjusted -- June 2009 - July 2009
Measure
U-3 -- 9.5 ---- 9.4
U-6 -- 16.5 ---- 16.3

However, as can be seen by the U-6 numbers, the did not change at all under the "Not Seasonally Adjusted" while under the "Seasonally Adjusted" there was a .2% drop.

Either way you look at it. "REAL" unemployment is still above 16%.


reply posted on 21-8-2009 @ 09:36 PM by ExPostFacto
reply to post by projectvxn



Good thing I moved out of Reno last year, after being laid off. :p


reply posted on 21-8-2009 @ 10:30 PM by mrpotatohead
With some exceptions, manufacturing is all but gone in the United States. it's over, and done. I don't think it will ever come back.. Anyone who used to work in manufacturing knows what I'm talking about. When you lose your job, you better get some training being something in the medical field, because finding a job in the manufacturing field is impossible.
The United States need to concentrate on something that has a future, which is the food industry. The US has the ability if it wants to, to still be the breadbasket to the world. Even with droughts, which have been happening forever, we can still produce a bumper crop of sellable food products, that have a marketable value on the world market. We can actually produce something that people need, and want. I don't know what the problem is.
The simple fact is, that no ammount of government money is going to create a job. Business needs to create jobs. But if no jobs are created we will never crawl out of the hole we are in. The sad fact is that the whole economic world is rigged by the people that run the banking system. Our government continues to give our tax dollars to industries that have a failing businesss model, and allow bonuses to be given to corporate officials who caused the companies to go broke in the first place. The excuse of "we need to attract the top talent to get us out of bankruptcy". The top talent were the ones that got them there in the first place. Sounds like they need some new talent to me.
The whole system is set to fall, and it will happen soon. No ammount of government "good news" is going to change that. We will soon see...


reply posted on 21-8-2009 @ 10:48 PM by DarkSecret
Originally posted by PenandSword
Ahhh Michigan and the mid-western states (which have or should I say...used to have a lot of manufacturing) how did those unions work out for you guys?

Before you answer you might want to go look at China.


yeah blame the unions. i'm no fan of them but to blame them is no solution. there's been a lot of union waste (aka "don't pick this up we need to put in a ticket for someone to come and grab it") but what really sunk the big 3 were those rising healthcare costs and pensions. without unions most of us would still work in sweatshops just like china and get paid $.25 a day! the problem with china is a lack of decent trade agreements which would force them to conform to the 5 day workweek (instead of 6 day they have now) and decent work conditions & pay for workers. that would level the field and stop the bleed of jobs.

how can the big 3 (or any american company) compete against foreign companies that have no healthcare costs and no pension costs because both are paid for by the state? sure they are taxed overseas but since they don't have the parasitic private healthcare bureaucracy and the need to reward shareholders of the private health insurance corporations the costs are quite a bit lower! what's the value added by health insurance corporations to make them eligible for profit out of pushing papers and arguing with you why you don't need that CT scan? how much time could doctor's offices save by eliminating the need to process those claims? and finally how much time and how many lives would be saved by having a national healthcare database/national health ID card? ever transferred from a doctor belonging to one hospital to a specialist from another hospital? it can take weeks until your file is shipped, that can be precious time you waste when disease is progressing!

if you fix healthcare (and that includes some tort reform too) you fix the job market.

[edit on 21-8-2009 by DarkSecret]



reply posted on 21-8-2009 @ 11:31 PM by kissmygrits
reply to post by warrenb


You can add 60-75% to the unemployment number per state and heres why;
Not only are the ineligible, fired or quit, not working and not being counted, the Illegals-those who just stopped looking for work and the employees who were given severence pay are also not counted so yes, I'm afraid it is a lot worse than they are telling us about. Plus I'm sure there are a couple of other categories of unemployed I have not remembered. KMG
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