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To: Haim R. Branisteanu who wrote (51007)6/7/2009 12:59:24 AM
From: elmatador  Read Replies (2) | Respond to of 219930
 
broader measures? Show me the numbers! If you say there is a broader measure, it implies that there is a narrower measure.

So, a meter has 100cm. I use it as a yards stick. It is not relative. It is absolute. (In 1983, it was redefined by the International Bureau of Weights and Measures (BIPM) as the distance travelled by light in free space in 1/299,792,458 of a second.) We Latino like precision we don't use pieces of the human body to measure things, which is an Anglo stuff.

Now to measure unemployment there a yard stick made of rubber. It can be broader and can be narrower, Then you tell Elmat that it is well into double digits.

Ok, I understand it is a complex matter. Then the numbers stop being used and there are some terms that defies definition.

Marginally attached. Involuntary part-timers. Then there are numbers again. 16.4% which in April was 15.9%.

Well, apparently you missed myt posting: Statistics are lies too!
Message 25697379

Well, for a country who had a president defining sex it does not surprise me, that people use this as having any meaning whatsoever.



To: Haim R. Branisteanu who wrote (51007)6/7/2009 1:03:11 AM
From: elmatador  Read Replies (1) | Respond to of 219930
 
Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and are available.

Oh, OK. Someone is not working neither looking for it and is considered a worker???

In Latino parlance we call this vagabundo. And should not be considered as a worker.



To: Haim R. Branisteanu who wrote (51007)6/7/2009 1:12:18 AM
From: elmatador  Respond to of 219930
 
If part-Time Workers are Indeed Involuntary, I know an Involuntary BMW driver. Yes, my driver has dreamed about driving a BMW. Only one small problem. He never ever had the money to buy one.

But if he would ne judged by the logic of the BLS he would be counted as a potential buyer of a BWW.

If we leave the auto market and look to the labor market where buyers and sellers meet to do business, we see sellers ]whose skills are not needed in a daily basis but only once in a while.

No matter how much he enters in the stats as a worker his wish to work should not be measured, by the same reason my drivers' wish should not be measured as stats for the luxury car market.

Are 'Involuntary' Part-Time Workers Indeed Involuntary?

Leslie S. Stratton
Virginia Commonwealth University - Department of Economics; Institute for the Study of Labor (IZA)

INDUSTRIAL AND LABOR RELATIONS REVIEW, April 1996

Abstract:
Theoretically, workers classified by the Bureau of Labor Statistics as involuntary part-time workers are individuals who would like to work full-time but have been unable to obtain full-time employment.

To empirically test the accuracy of that definition, the author employs simple probit models of employment preferences and employment opportunities estimated with data from the March 1990 Current Population Survey.

The results confirm that those classified as involuntary part-time workers were indeed employed part-time "involuntarily."

Furthermore, those classified as involuntary part-time workers in 1990 were at least 50% more likely to be in the full-time labor force in 1991 than were those who were classified as voluntary part-time workers in 1990.



To: Haim R. Branisteanu who wrote (51007)6/7/2009 1:15:42 AM
From: elmatador  Respond to of 219930
 
Oh, God there is underemployment too! This stats are looking really fluffy!!