Friday, October 5, 2012

The real Unemployemnet rate. READ AND SHARE. DO NOT BE HOODWINKED BY THE OBAMA REGIME...

THE TRUTH ABOUT UNEMPLOYMENT


Unemployment Rate - U6
2000 - 2012
 
Chart is generated for a range of 22 year only
 
From : To : Check U6 Unemployment Rate
 
Quick Links :
 
 
Unemployment Rate - U6
2000 - 2012
 
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2000 7.1 7.2 7.1 6.9 7.1 7.0 7.0 7.1 7.0 6.8 7.1 6.9 2000
2001 7.3 7.4 7.3 7.4 7.5 7.9 7.8 8.1 8.7 9.3 9.4 9.6 2001
2002 9.5 9.5 9.4 9.7 9.5 9.5 9.6 9.6 9.6 9.6 9.7 9.8 2002
2003 10.0 10.2 10.0 10.2 10.1 10.3 10.3 10.1 10.4 10.2 10.0 9.8 2003
2004 9.9 9.7 10.0 9.6 9.6 9.5 9.5 9.4 9.4 9.7 9.4 9.2 2004
2005 9.3 9.3 9.1 8.9 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.6 2005
2006 8.4 8.4 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.1 7.9 2006
2007 8.4 8.2 8.0 8.2 8.2 8.3 8.4 8.4 8.4 8.4 8.4 8.8 2007
2008 9.2 9.0 9.1 9.2 9.7 10.1 10.5 10.8 11.1 11.8 12.7 13.5 2008
2009 14.2 15.1 15.7 15.8 16.4 16.5 16.5 16.7 16.8 17.2 17.1 17.1 2009
2010 16.7 16.9 16.9 17.0 16.6 16.5 16.5 16.6 16.9 16.8 16.9 16.6 2010
2011 16.1 15.9 15.7 15.9 15.8 16.2 16.1 16.2 16.4 16.0 15.6 15.2 2011
2012 15.1 14.9 14.5 14.5 14.8 14.9 15.0 14.7 14.7
 
 
Check U-1, U-2, U-3 (official), U-4, U-5 and U-6 unemployment rates in US
 
 
 
What is U6 unemployment rate ?
The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over
 

Quick Links : Unemployment Rates during Presidencies

Quick Links : Unemployment Rates

 
The Bureau of Labor Statistics measures employment and unemployment (of those over 16 years of age) using two different labor force surveys conducted by the United States Census Bureau (within the United States Department of Commerce) and/or the Bureau of Labor Statistics (within the United States Department of Labor) that gather employment statistics monthly. The Current Population Survey (CPS), or "Household Survey", conducts a survey based on a sample of 60,000 households. This Survey measures the unemployment rate based on the ILO definition. The data are also used to calculate 5 alternate measures of unemployment as a percentage of the labor force based on different definitions noted as U1 through U6:
  • U1 : Percentage of labor force unemployed 15 weeks or longer.
  • U2 : Percentage of labor force who lost jobs or completed temporary work.
  • U3 : Official unemployment rate per ILO definition.
  • U4 : U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
  • U5 : U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
  • U6 : U5 + Part time workers who want to work full time, but cannot due to economic reasons.
Below is the overview of these six measures.
  • U1:
  • This is the proportion of the civilian labor force that has been unemployed for 15 weeks or longer. This unemployment rate measures workers who are chronically unemployed. During business-cycle expansions, this rate captures structural unemployment. However, during lengthy business-cycle contractions, this rate is also likely to include a significant amount of cyclical unemployment. U1 tends to be relatively small, in the range of 1-2 percent.
  • U2:
  • This is the proportion of the civilian labor force that is classified as job losers (workers who have been involuntarily fired or laid off from their jobs) and people who have completed temporary jobs. During business-cycle expansions, this rate is likely to capture some degree of frictional unemployment. However, during business-cycle contractions, this rate is most likely to consist of cyclical unemployment. U2 is larger than U1, but still remains substantially less than the official unemployment rate (U3).
  • U3:
  • This is the official unemployment rate, which is the proportion of the civilian labor force that is unemployed but actively seeking employment.
  • U4:
  • This is the official unemployment rate that is adjusted for discouraged workers. In other words, discouraged workers are treated just like other workers who are officially classified as unemployed, being included in both the ranks of the unemployed and the labor force. It is technically specified as the proportion of the civilian labor force (plus discouraged workers) that is either unemployed but actively seeking employment or discouraged workers. The addition of discouraged workers generally adds a few tenths of a percentage point to the official unemployment rate.
  • U5:
  • This augments U4 by including marginally-attached workers to the unemployment rate calculation. Marginally attached workers are potential workers who have given up seeking employment for various reasons. One of these reasons is that the workers believe such effort would be futile, which places them in the discouraged worker category. Those who have other reasons for not seeking employment are placed in the broader marginally-attached workers category. The addition of marginally-attached workers adds a few more tenths of a percentage point to the official unemployment rate.
  • U6:
  • This augments U5 by including part-time workers to the unemployment rate calculation. The addition of part-time workers adds a full 2-3 percentage points to the official unemployment rate. This measure of unemployment is perhaps the most comprehensive measure of labor resource unemployment available.






Who is counted as unemployed?

Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Actively looking for work may consist of any of the following activities:
  • Contacting:
    • An employer directly or having a job interview
    • A public or private employment agency
    • Friends or relatives
    • A school or university employment center
  • Sending out resumes or filling out applications
  • Placing or answering advertisements
  • Checking union or professional registers
  • Some other means of active job search




Who is not in the labor force?

Labor force measures are based on the civilian noninstitutional population 16 years old and over. Excluded are persons under 16 years of age, all persons confined to institutions such as nursing homes and prisons, and persons on active duty in the Armed Forces. The labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force." Many who are not in the labor force are going to school or are retired. Family responsibilities keep others out of the labor force.

Tuesday, October 2, 2012

Wayne Allyn Roots was at Columbia U when Obama supposedly studied there.

Wayne Allyn Roots statement below has been Correctly Attributed. The link to Snopes.com is at the end of his statement.

 
If Obama is re-elected in 2012, the US is finished. The following is in simple language that everyone can understand, not the gibberish that our government keeps telling people.

 
Please read this carefully and make sure you keep this message going. This needs to be emailed to everyone in the USA ..

 

 
By Wayne Allyn Root
( Columbia University , class of '83).

 
Barack Hussein Obama is no fool. He is not incompetent. On the contrary, he is brilliant. He knows exactly what hes doing. He is purposely overwhelming the U.S. Economy to create systemic failure, economic crisis and social chaos thereby destroying capitalism and our country from within. Barack Hussein Obama was my college classmate.

 

 
He is a devout Muslim; do not be fooled. Look at his czars.. Anti-business… anti-American. As Glenn Beck correctly predicted from day one, Barack Hussein Obama is following the plan of Cloward & Piven, two professors at Columbia University ... They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands.

 
Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a Socialist/Marxist state with a permanent majority that desperately needs government for survival... And can be counted on to always vote for even bigger government. Why not? They have no responsibility to pay for it.

 
Universal Health Care:
The Health Care bill has very little to do with healthcare. It has everything to do with unionizing millions of hospital and healthcare workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesnt care that giving free healthcare to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?

 
Cap and Trade:
Like healthcare legislation having nothing to do with healthcare, Cap and Trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obamas biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kick-back hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama spread the wealth around.

 
Making Puerto Rico a state:
Whos asking for a 51st state? Whos asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers! But this has been Barack Hussein Obamas plan all along. His goal is to add two new Democrat senators, five Democrat congressmen and a million loyal Democratic voters who are dependent on big government. (This will tip the balance of those living off the government to more than those who must pay for it; and were done for.)

Legalize 12 million illegal Mexican immigrants:
Just giving these 12 million potential new citizens free healthcare alone could overwhelm the system and bankrupt America . But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security. (see note above re: Puerto Rico )

Stimulus and bailouts.
Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues).

All those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America . The country goes broke, future generations face a bleak future, but Obama, the Democrat Party, government, and the unions grow more powerful.

The ends justify the means. Raise taxes on small business owners, high-income earners, and job creators. Put the entire burden on only the top 20 percent of taxpayers, redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama).

Reagan wanted to dramatically cut taxes in order to starve the government. Barack Obama wants to dramatically raise taxes to starve his political opposition. With the acts outlined above, Barack Hussein Obama and his regime have created a vast and rapidly expanding constituency of voters dependent on big government; a vast privileged class of public employees who work for big government; and a government dedicated to destroying capitalism and installing themselves as socialist rulers by overwhelming the system.

Add it up and youve got the perfect Marxist scheme all devised by my Columbia University college classmate Barack Hussein Obama using the Cloward and Piven Plan. http://www.snopes.com/politics/soapbox/overwhelm.aspl

 
Last point: think about what this designed rule of the rabble will do to anyone successful… and everyone receiving this is. What will your lives be like under communism? The time to fight this abomination is now…

I hope each of you will forward to at least a dozen people.