Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

phantom power

(25,966 posts)

4. The last couple years on that plot are interesting

Reply to FogerRox (Reply #2)

Thu May 17, 2012, 01:09 PM

May 2012

For most of the plot, the three curves essentially track each other at a constant offset. But starting at 2010, the U3 and U6 curves start to decline, while the blue 'SGS' curve remains plateaued. I wonder what is going on there. It would seem to imply that increasing numbers of people are moving into the "longterm discouraged" category.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

8 replies

= new reply since forum marked as read

Highlight:

Here is a BLS paper describing undercounting of long-term discouraged umemployed: [View all] phantom power May 2012 OP

How, exactly, ARE you in the labor force after 12 months of not trying? dmallind May 2012 #1

Here's the thing... phantom power May 2012 #3

I'LL tell you exactly how that works. I am an older person looking for work... matthews Aug 2013 #8

U6 peaked at 17.2% FogerRox May 2012 #2

The last couple years on that plot are interesting phantom power May 2012 #4

Nothing to wonder about. FogerRox May 2012 #5

I guess that would be consistent with the ongoing rejection of Keynesian econ and the New Deal phantom power May 2012 #6

We would agree, Did you see the Eliz Warren video FogerRox May 2012 #7