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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (73128)	10/4/2009 2:35:06 PM
From: d[-_-]b	1 Recommendation Respond to of 224729

That is because it is calculated using unemployment benefits. It is my understanding or is it Glenn Beck's that if you were to count actual unemployment it would be higher? All true - but keep in mind unemployment benefits have recently been extended in length as well - so that would modify the numbers currently counted upward in an apples to apples comparison. Not sure anyone has a good way to count unemployed receiving no benefits.

To: chartseer who wrote (73128)	10/4/2009 3:30:36 PM
From: Hope Praytochange	2 Recommendations Read Replies (1) \| Respond to of 224729

Greenspan: Jobless Rate Likely to Pass 10 Percent Former Federal Reserve Chairman Alan Greenspan predicts that the unemployment rate will push past 10 percent and stay at that level for a while. "Pretty awful" is how Greenspan describes Friday's report that the unemployment rate has risen to 9.8 percent. He says the growing number of Americans who have been out of work six months or longer is of particular concern because jobless workers lose skills over such a long period. Greenspan says he would advise President Barack Obama to focus on getting the economy going, but not to go too far. He says a second economic stimulus is not called for because less than half of the current stimulus is in effect and because the nature of the recovery is not yet clear. Greenspan spoke Sunday on ABC's "This Week."

To: chartseer who wrote (73128)	10/5/2009 12:00:40 PM
From: FJB	Respond to of 224729

As pointed out in an article last month, the adjusted payroll numbers do not include 2 groups of unemployed workers that the DOL refers to as temporary part-time workers and marginally attached workers. The DOL reported that 9.2 million Americans are currently working part-time due to economic conditions, an increase of 100,000 workers during September. This group is comprised of workers who have had their hours cut from full-time status or who have been able to find full-time employment. In addition the DOL reported that the number of marginally attached workers stands at 2.2 million. Such marginally attached workers include individuals who are unemployed but have not sought work over the 4 weeks prior to the survey and includes some 706,000 "discouraged' workers that have simply given up. The addition of such excluded groups caused the real unemployment rate to increase from 16.8% to 17.0%. examiner.com