[geeks] Socialized medicine [was Re: nVidia 8800GT for Apple Mac Pro]
Lionel Peterson
lionel4287 at gmail.com
Mon May 26 15:32:41 CDT 2008
On May 26, 2008, at 1:17 AM, Phil Stracchino <alaric at metrocast.net>
wrote:
> Lionel Peterson wrote:
>> Unemployment rates are at 4.5-5% here right now, using the only
>> measure available.
>
> Except that it's not the only measure available.
I forgot to add "to me" - I assumed the Dept. Of Labor had other
statistics...
> The "official" unemployment rate includes only one category:
> People who lost their jobs and are receiving unemployment benefits
> or government-provided retraining. If your unemployment benefits
> have run out, you're no longer considered unemployed.
Not true, as others pointed out, you are still unemployed, you simply
are not part of the "growth rate".
> Which is sort of like saying a systems failure after the sysadmin
> has gone home for the night doesn't count. Likewise, if the only
> work you can get is a single four-hour shift at MacDonalds per week,
> you're considered employed. (A single hour per week gets you out of
> the "unemployed" list, in fact.)
Working to earn money IS employment. Cripes, what's next - folks that
work below their state's poverty level are unemployed? (they are not,
they likely are under-skilled or under educated)
>
> There is another figure also provided by the Dept of Labor, which
> includes people whose benefits have run out and still haven't found
> work yet, and people who don't have jobs and want them, but have
> given up looking because they can't find work (there's a special
> term for them; the DoL calls them "discouraged workers").
>
> That figure is rather higher ... it's currently running about 13%,
> if memory serves.
I find it hard to believe that one out of every eight americans are
unemployed. Where do stay-at-home moms figure into that statistic?
College students? Mentally challenged adults? Retirees?
I do not understand how you can get any accurate statistics about such
a diverse population...
Lionel
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