Topic: Jobless Rate Rises to 9.8 Percent
Bestinshow's photo
Sat 12/04/10 11:15 AM
Since Reagan we have cut taxes on the rich and waged a war on (big gubermint) Look were it got us, bankrupt and powerless way to go uber amerika.

mightymoe's photo
Sat 12/04/10 02:04 PM
Edited by mightymoe on Sat 12/04/10 02:11 PM






Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


better check your math....if there is 350-400 million people in the US, how do you get 15.1 million out of work with 9.8% unemployed?

The United States has a total estimated resident population of 310,843,000.[1] It is a very urbanized population, with 81% residing in cities and suburbs as of mid-2005 (the worldwide urban rate was 49%).[2] California and Texas are the most populous states,[3] as the mean center of United States population has consistently shifted westward and southward.[4] (from wiki)


that would be 30 million out of work...

msharmony's photo
Sat 12/04/10 02:25 PM
Edited by msharmony on Sat 12/04/10 02:33 PM







Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


better check your math....if there is 350-400 million people in the US, how do you get 15.1 million out of work with 9.8% unemployed?

The United States has a total estimated resident population of 310,843,000.[1] It is a very urbanized population, with 81% residing in cities and suburbs as of mid-2005 (the worldwide urban rate was 49%).[2] California and Texas are the most populous states,[3] as the mean center of United States population has consistently shifted westward and southward.[4] (from wiki)


that would be 30 million out of work...



only if all 310,000 were employment aged and looking for work


but thats not the case

nearly a quarter of our population are high school aged and below,,

leaving 233,000

another 12.9 percent (40.000) are retirement aged


leaving about 197,000 between the ages of 18 and 65 to be counted


and of those , you have some who are disabled and unable to work for physical/psychological reasons




you can read more about how the number is calculated here
http://www.bls.gov/cps/cps_htgm.htm#unemployed


mightymoe's photo
Sat 12/04/10 03:00 PM








Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


better check your math....if there is 350-400 million people in the US, how do you get 15.1 million out of work with 9.8% unemployed?

The United States has a total estimated resident population of 310,843,000.[1] It is a very urbanized population, with 81% residing in cities and suburbs as of mid-2005 (the worldwide urban rate was 49%).[2] California and Texas are the most populous states,[3] as the mean center of United States population has consistently shifted westward and southward.[4] (from wiki)


that would be 30 million out of work...



only if all 310,000 were employment aged and looking for work


but thats not the case

nearly a quarter of our population are high school aged and below,,

leaving 233,000

another 12.9 percent (40.000) are retirement aged


leaving about 197,000 between the ages of 18 and 65 to be counted


and of those , you have some who are disabled and unable to work for physical/psychological reasons




you can read more about how the number is calculated here
http://www.bls.gov/cps/cps_htgm.htm#unemployed


sounds like a scam....but it is how they try to lower the numbers

Chazster's photo
Sat 12/04/10 06:18 PM








Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


Yea its still just as wrong. Your statistics are not taking into account job requirements. An unemployed banker can't apply for an engineering position. Years experience, education, job history, etc. This will determine the candidates. Not to mention currently employed people can apply for those jobs too.

If we simplify it to 100 unemployed people and 20 Jobs so thats 1/5. Now say 70% are bankers 30% are engineers. 15 jobs are engineering jobs and 5 are banking jobs. That means for engineers they have 1/2 chance of getting a job and the bankers have a 1/14.


agreed, I wasnt referring to job rates PER occupation, I was only breaking down the numbers in terms of HOW many of the unemployed actually have a chance at a job

in other words, if EVERY job opening is filled, how many unemployed will STILL be unemployed


That is why my original response said it had nothing to do with job candidates. All you had to say was you used the wrong word XD.

Chazster's photo
Sat 12/04/10 06:20 PM







Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


better check your math....if there is 350-400 million people in the US, how do you get 15.1 million out of work with 9.8% unemployed?

The United States has a total estimated resident population of 310,843,000.[1] It is a very urbanized population, with 81% residing in cities and suburbs as of mid-2005 (the worldwide urban rate was 49%).[2] California and Texas are the most populous states,[3] as the mean center of United States population has consistently shifted westward and southward.[4] (from wiki)


that would be 30 million out of work...


Yes listen to the dragon. Babies count as unemployed people too ya know.

msharmony's photo
Sat 12/04/10 06:29 PM









Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


Yea its still just as wrong. Your statistics are not taking into account job requirements. An unemployed banker can't apply for an engineering position. Years experience, education, job history, etc. This will determine the candidates. Not to mention currently employed people can apply for those jobs too.

If we simplify it to 100 unemployed people and 20 Jobs so thats 1/5. Now say 70% are bankers 30% are engineers. 15 jobs are engineering jobs and 5 are banking jobs. That means for engineers they have 1/2 chance of getting a job and the bankers have a 1/14.


agreed, I wasnt referring to job rates PER occupation, I was only breaking down the numbers in terms of HOW many of the unemployed actually have a chance at a job

in other words, if EVERY job opening is filled, how many unemployed will STILL be unemployed


That is why my original response said it had nothing to do with job candidates. All you had to say was you used the wrong word XD.



yes, I wrongly assumed people wouldnt take me literally and would understand each opening has a random number of applicants

Chazster's photo
Sat 12/04/10 06:33 PM
Dont blame others for your misuse of terminology. My original post said yes there is 1 job for every 5 people but it has nothing to do with "candidates". You decided to argue instead of see that fact. XP

msharmony's photo
Sun 12/05/10 01:00 AM

Dont blame others for your misuse of terminology. My original post said yes there is 1 job for every 5 people but it has nothing to do with "candidates". You decided to argue instead of see that fact. XP



to avoid continuing this zoolander moment,,,yes, the FACT is there is not exactly FIVE people(candidates) applying to every position, I mistakenly used a context which was apparently ambiguous

mrheartfelt's photo
Sun 12/05/10 01:27 AM




my advice is dont worry..9.8% out of jobs still means that 90.2% HAVE jobs..look on the bright side.and if you're in the 9.8%,quit being picky,and you can get work.


have you been looking for work with a child recently?

sometimes being a parent calls for a little pickiness,,,


Absolutely. My kids are grown, but I could see your point. Picky has to be when you have to find daycare and half your job salary has to pay for it. An so many scams are targeting mothers with children(working from home for easy money?) If it sounds too good to be true, it probably is.



Unfortunately, the hard truth is that no matter how good you are, you are "expendable". That is the way employers think. Here in Cali, most jobs have gone to what is called "at will employment". You all can part ways on any terms, be it theirs or yours. And that makes it difficult for jobs to be had and kept any more. Women with children are not treated with the respect and concern that should be there. Hard times to them means extreme measures and guess who are the ones that suffer? You and I as taxpayers.........and what happened to loyalty?

yes, childcare, and routine(which is important for children),and gas

leaves out jobs that gross three bucks an hour after childcare and gas

and leaves out jobs that will have me seperated from my kid at all types of random hours


I never understood why its fine for employers to decide what candidate fits the position, but its not ok for employees to decide what position fits their life,,,

Chazster's photo
Sun 12/05/10 07:07 AM


Dont blame others for your misuse of terminology. My original post said yes there is 1 job for every 5 people but it has nothing to do with "candidates". You decided to argue instead of see that fact. XP



to avoid continuing this zoolander moment,,,yes, the FACT is there is not exactly FIVE people(candidates) applying to every position, I mistakenly used a context which was apparently ambiguous


Aww but infinite arguing is what mingle is all about. What will I do now? T_T

willing2's photo
Sun 12/05/10 08:37 AM
The obstinates need to reserve their shopping carts and prepare for when the Welfare cushion is pulled out from under them.

The ones who have dug in their heels and stated they won't take a job that's "beneath" them will be beggin' spare change from those who changed.

JMO

msharmony's photo
Sun 12/05/10 12:28 PM
Edited by msharmony on Sun 12/05/10 12:30 PM
its really not a one way street


has noone here ever been told they are 'overqualified' for a position?

I can tell when people havent looked for work in a while or who are from small towns because there is this assumption that there are jobs which will just be handed to you instead of having to COMPETE for them

so even those jobs deemed as being 'beneath' the employee would not be jobs the employee would get because they would be competing with other applicants who were better SUITED for the position based upon their experience(or inexperience)

and the four out of five for whom there IS NO JOB OPENING

will have to either resort to creativity or desperation

willing2's photo
Sun 12/05/10 01:53 PM

has noone here ever been told they are 'overqualified' for a position?


It's gonna' suck to be them also.
Can you imagine what it would feel like, an engineer taking commands from a pimply teenage manager of McDonalds?laugh laugh laugh

mightymoe's photo
Sun 12/05/10 02:20 PM








Is this the "Welfare Winter"....since the "Summer Recovery" did'nt happen??



its going to be rough,there are now 5 candidates for every ONE job opening,, that leaves 80 percent who will not be finding work unless they start their own business or go into some type of independent contracting,,,


Where do you get those statistics?


http://www.epi.org/publications/entry/20101110JOLTS/


"It is important to note that the job-seekers ratio does not measure the number of applicants for each job. There may be throngs of applicants for every job posting, since job seekers apply for multiple jobs. Instead, the 5-to-1 ratio means that for every five unemployed workers, there is only one job available"

Your statement was wrong. There is 1 Job opening for every 5 unemployed people. That has nothing to do with job candidates. I knew your statement didnt make sense.


not too wrong

'Job Openings and Labor Turnover – September 2010

There were 2.9 million job openings on the last business day of
September, the U.S. Bureau of Labor Statistics reported today'

http://www.bls.gov/news.release/jolts.nr0.htm

'The number of unemployed persons was 15.1 million in November. The unemployment
rate edged up to 9.8 percent; it was 9.6 percent in each of the prior 3 months.
(See table A-1.)'

http://www.bls.gov/news.release/empsit.nr0.htm



semantics aside, the math says, that for 12.2 out of 15.1 million unemployed (80 percent), the jobs arent there


better check your math....if there is 350-400 million people in the US, how do you get 15.1 million out of work with 9.8% unemployed?

The United States has a total estimated resident population of 310,843,000.[1] It is a very urbanized population, with 81% residing in cities and suburbs as of mid-2005 (the worldwide urban rate was 49%).[2] California and Texas are the most populous states,[3] as the mean center of United States population has consistently shifted westward and southward.[4] (from wiki)


that would be 30 million out of work...


Yes listen to the dragon. Babies count as unemployed people too ya know.


lol... are they working?

Chazster's photo
Sun 12/05/10 07:22 PM
No the babies are not working. That's why they are unemployed XD

Fanta46's photo
Sun 12/05/10 07:26 PM


Dont blame others for your misuse of terminology. My original post said yes there is 1 job for every 5 people but it has nothing to do with "candidates". You decided to argue instead of see that fact. XP



to avoid continuing this zoolander moment,,,yes, the FACT is there is not exactly FIVE people(candidates) applying to every position, I mistakenly used a context which was apparently ambiguous


Correct.

Some positions have hundreds of applicants applying for every position while others have none.

DiveBomber4's photo
Sun 12/05/10 08:02 PM
Any statistics from the government cannot be trusted as truth. The govt. is full of BS and will lie to manipulate the numbers that are not real.

Using stats from an independant source has much more credibility IMO.

But regardless of who's twisting the numbers for whatever reason, the fact of the matter remains that unemployment is still rising and the economy is still worsening, but the govt. is trying to tell us that things are getting better when they are not.

Fanta46's photo
Sun 12/05/10 08:06 PM
Patience.

.2% up or down could be construed as an acceptable error in any statistical data.

Dang Republican BS.

Fanta46's photo
Sun 12/05/10 08:10 PM
We shouldn't get excited over that.
The important thing is to build the economy stronger with more staying power.
Real growth.
Not some shake-n-bake quick fix that will just tank again in 10 years.

.2% is acceptable.