The number of unemployed people is a matter that is not talked about by the politicians in a truthful way. Some political talking heads will say that the number of unemployed is simply because of the aging of the population. Others will make you think the problem is not so bad. When you ask the question about how many Americans are unemployed, you have to weight through a lot of specious talk.
In broad, general terms, there are way too few people working. The number, of course, is computed with the number of people there are of working age and the number of people actually working. It has been determined years ago that what is known as fill employment happens at around a four percent unemployment rate.
The unemployment rate, currently is set on five point one. When you understand that these numbers are fungible, you wonder why. That is largely because most recent administrations fudge or flub the numbers that they work with. One of these tricks is to over estimate the job creation numbers to make themselves look good.
Another way to flub the equation they use for this important number is to underestimate the number of people that are still looking for work. The idea is that the administration will look better if there are not as many people looking and not finding work. This they can show indicates their job of creating jobs is great and working the way it is supposed to.
The government are the ones who are reporting these numbers. There is a big problem if they can not be trusted to report them accurately. Must distrust comes from the fact that not all facts are utilized by the government counters. There is a very large number of people who have quit looking for work, for a lot of reasons, and are not counted as unemployed, although they still want work.
There are not an awful lot of jobs available, due to the economy, brought on by various decisions that have not worked out right. The federal government believes they know how to create jobs and have fallen victim to their own press releases. They mandate all of the increased taxes that, they say, will grow the economy but they only kill jobs.
Depending on who you ask, there is about 95 million people officially out of work in the United States. When you factor this number into the population of approximately 330 million, minus those who are not of working age, you get a number that is about at the five point one level they report. Again, these are numbers they put together, so no one knows what is really going.
One of the things that has placed a lot of people on unsound financial footing is the redefinition of full time as being 32 hours per week as opposed to 40. This has caused many to further drain an already overloaded welfare and food stamp system. The inclusion of more legal and illegal immigrants into the working roles further makes it difficult for the unemployment number to go down much any time soon.
In broad, general terms, there are way too few people working. The number, of course, is computed with the number of people there are of working age and the number of people actually working. It has been determined years ago that what is known as fill employment happens at around a four percent unemployment rate.
The unemployment rate, currently is set on five point one. When you understand that these numbers are fungible, you wonder why. That is largely because most recent administrations fudge or flub the numbers that they work with. One of these tricks is to over estimate the job creation numbers to make themselves look good.
Another way to flub the equation they use for this important number is to underestimate the number of people that are still looking for work. The idea is that the administration will look better if there are not as many people looking and not finding work. This they can show indicates their job of creating jobs is great and working the way it is supposed to.
The government are the ones who are reporting these numbers. There is a big problem if they can not be trusted to report them accurately. Must distrust comes from the fact that not all facts are utilized by the government counters. There is a very large number of people who have quit looking for work, for a lot of reasons, and are not counted as unemployed, although they still want work.
There are not an awful lot of jobs available, due to the economy, brought on by various decisions that have not worked out right. The federal government believes they know how to create jobs and have fallen victim to their own press releases. They mandate all of the increased taxes that, they say, will grow the economy but they only kill jobs.
Depending on who you ask, there is about 95 million people officially out of work in the United States. When you factor this number into the population of approximately 330 million, minus those who are not of working age, you get a number that is about at the five point one level they report. Again, these are numbers they put together, so no one knows what is really going.
One of the things that has placed a lot of people on unsound financial footing is the redefinition of full time as being 32 hours per week as opposed to 40. This has caused many to further drain an already overloaded welfare and food stamp system. The inclusion of more legal and illegal immigrants into the working roles further makes it difficult for the unemployment number to go down much any time soon.
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Read the blog that answers the question, how many Americans are unemployed, by logging on to the following website. Here are the latest posts at http://jobenomicsblog.com.
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