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TreasonousBastard

(43,049 posts)
30. The problem with going in blindly and looking up numbers without a background...
Sun Nov 17, 2013, 09:48 PM
Nov 2013

in those numbers and how they are collected is that they are misinterpreted.

Less than half the US population that is theoretically able to work is employed because of stay-at-home moms and dads, retirees, medical problems, school, prison, and other things that one might want to judge as good or bad reasons.

"Full employment" is seen by economists as the level at which everyone who wants a job has one and there are no inflationary or deflationary effects from the workforce. It is never 100% because there is always a certain amount of shuffling around and job changes and 100% would be highly inflationary.

Right now, there are huge arguments over whether the full employment rate should be around 4%, like it had been for years, or closer to 6 or 7%. Needless to say, both are far under what we have now so we are nowhere near full employment. Some economists have argued that this is as good as it's going to get so the rate should be over 10%-- they aren't very popular.

But, after all this is hashed over for the thousandth time, just how are we going to get the unemployed back to work? Massive Depression-style public works have been considered and dropped for many reasons-- not the least of which is ignorant Republican virtually religious opposition to spending any Democrat likes.

My personal take is to try to get lower spending levels to fix obvious problems-- aging infrastructure, cleaning up the waterways, basic research... Just getting back to doing the jobs we're supposed to be doing should be a pretty good kickstart.

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I have not, but my husband has pretty much seen exactly that. Added to that the fact he is 57. Mass Nov 2013 #1
I got an email from a recruiter that made it clear that anyone Kahuna Nov 2013 #2
Definitely. enlightenment Nov 2013 #27
And that is illegal - Ms. Toad Nov 2013 #32
There has to be a business model out there Turbineguy Nov 2013 #3
Unfortunately BumRushDaShow Nov 2013 #5
I worked for a company like that FreeJoe Nov 2013 #36
on a positve note, they're mandated to buy health insurance they cant afford to pay for KG Nov 2013 #4
At least they can blame the Republicans for it n/t Fumesucker Nov 2013 #6
Can't have those health insurance CEOs suffer any financial hardship, now can we? SammyWinstonJack Nov 2013 #8
This is not new-- we've seen it before, usually... TreasonousBastard Nov 2013 #7
birth rate decline will be offset by immigration Enrique Nov 2013 #9
Exactly right. And this will result in a disaster. Can you see boomersense Nov 2013 #11
Where in the TPP does it say that our employment discrimination laws treestar Nov 2013 #18
It doesn't-- just another talking point... TreasonousBastard Nov 2013 #24
Of course immigration will-- that's the natural order of things... TreasonousBastard Nov 2013 #28
About 13.8% of the US is unemployed. fasttense Nov 2013 #12
The population of the United States is around 317 million people. SheilaT Nov 2013 #17
I went back to the BLS and I can't seem to find that number again. fasttense Nov 2013 #22
The problem with going in blindly and looking up numbers without a background... TreasonousBastard Nov 2013 #30
That's been experimented with in Europe... TreasonousBastard Nov 2013 #26
Aside from the obvious math error, FreeJoe Nov 2013 #40
that's fucked up gopiscrap Nov 2013 #10
If only the job creators MythosMaster Nov 2013 #13
I'd rather see them taxed on unused funds dickthegrouch Nov 2013 #14
why do they need that as incentive? treestar Nov 2013 #16
I have a suspicion . . . Brigid Nov 2013 #19
That swooshing noise you heard MythosMaster Nov 2013 #20
Sometimes you need to use the emotion treestar Nov 2013 #21
Sometimes you need to use common sense. MythosMaster Nov 2013 #23
And yet money for the poor only make THEM indolent.. annabanana Nov 2013 #29
Wonder how right wingers respond to that treestar Nov 2013 #15
Billionaires don't care= Politicians don't care. WinkyDink Nov 2013 #25
My current job ends at the end of the year and I understand the need to find a job before I'm out of kimbutgar Nov 2013 #31
You may get lucky. Ms. Toad Nov 2013 #34
Unemployed for two years - this is what I did MsFlorida Nov 2013 #33
Good for you! Ms. Toad Nov 2013 #37
It is a catch-22 FreeJoe Nov 2013 #35
I know hiring - from most all industries MsFlorida Nov 2013 #38
Retirement age needs to be lowered, not raised. truebluegreen Nov 2013 #39
You don't get hired in most places if you worked a job represented buy a union either n/t doc03 Nov 2013 #41
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