Unemployment is measured as people who are eligible and looking for work but not employed. People who have left the workforce for reasons other than getting laid off/fired (like quitting to take care of a sick family member) or people who have given up looking for work are not counted, even if they want a job. It’s measured by a CPS survey of 60,000 households, and I doubt it includes homeless people (or anyone without a permanent address).
I’ve heaed the opposition party claim the unemployment is under-counted during the Obama, Trump, and Biden years by excluding job seekers who have given up on finding employment. That’s probably true, but if it is it has probably been pretty consistently under-counted for decades by both parties.
People that give up are no longer “unemployed”, which is why they aren’t counted. They wouldn’t even count in the labor force either, which is the sum of unemployed and employed people.
Right, and the argument that many Republicans made during the Obama years and many Democrats made during the Trump years is that they should count in the labor force, because they want to be in the labor force but have been disenfranchised. Then there’s also the people who are no longer counted because their state has pushed them off Welfare and moved them onto Disability, which has no pathway back to the workforce. It’s a very long story involving Welfare reform and a lack of job opportunities, but low unemployment and Welfare rates are greatly impacted by people who want to work but are forced into going on disability.
Yeah I didn’t mean to shit on Biden or anything; just seems like we’re not quantifying this in a very meaningful way.
It’d be like celebrating that food insecurity is at an all time low! woohoo!! …because access to affordable food is now so bad that 75% of the people dealing with food insecurity have starved to death since it was last measured.
Unemployment is a meaningless statistic due to the weird definition. The more useful statistic is #of jobs divided by total population, which peaked in 1970 and has been declining fairly consistently ever since
You’re not wrong, and they don’t usually qualify for unemployment. Also “border secured” is a joke, the reason they’re catching more is because the traffic level is unprecedented. The number I keep hearing is 15 million during his presidency.
Is unemployment actually down, or is this just like number fudging from folks who work 3 part time jobs?
There’s a LOT more homeless people than I remember ever seeing before.
Unemployment is measured as people who are eligible and looking for work but not employed. People who have left the workforce for reasons other than getting laid off/fired (like quitting to take care of a sick family member) or people who have given up looking for work are not counted, even if they want a job. It’s measured by a CPS survey of 60,000 households, and I doubt it includes homeless people (or anyone without a permanent address).
I’ve heaed the opposition party claim the unemployment is under-counted during the Obama, Trump, and Biden years by excluding job seekers who have given up on finding employment. That’s probably true, but if it is it has probably been pretty consistently under-counted for decades by both parties.
People that give up are no longer “unemployed”, which is why they aren’t counted. They wouldn’t even count in the labor force either, which is the sum of unemployed and employed people.
Right, and the argument that many Republicans made during the Obama years and many Democrats made during the Trump years is that they should count in the labor force, because they want to be in the labor force but have been disenfranchised. Then there’s also the people who are no longer counted because their state has pushed them off Welfare and moved them onto Disability, which has no pathway back to the workforce. It’s a very long story involving Welfare reform and a lack of job opportunities, but low unemployment and Welfare rates are greatly impacted by people who want to work but are forced into going on disability.
Yeah I didn’t mean to shit on Biden or anything; just seems like we’re not quantifying this in a very meaningful way.
It’d be like celebrating that food insecurity is at an all time low! woohoo!! …because access to affordable food is now so bad that 75% of the people dealing with food insecurity have starved to death since it was last measured.
(numbers pulled from ass for demonstration sake)
Unemployment is a meaningless statistic due to the weird definition. The more useful statistic is #of jobs divided by total population, which peaked in 1970 and has been declining fairly consistently ever since
Except this doesn’t capture it really, either, since the number of people with multiple jobs has been increasing steadily
Homeless doesn’t equal unemployed. There are a lot of people who have a job but can’t afford housing
BINGO. Yes, 2-3 job having people are counted 3x :).
Otherwise, how else would the numbers be so abysmally out of touch ;)?
Does the 1% already know that? Yes.
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You’re not wrong, and they don’t usually qualify for unemployment. Also “border secured” is a joke, the reason they’re catching more is because the traffic level is unprecedented. The number I keep hearing is 15 million during his presidency.
Lots of homeless people work. I thought this was just like common knowledge but I guess not
Some yes, some no. I know a lot of homeless people.