Interesting graphs and charts department

[Clodfobble]

Originally Posted by classic

I'm in that 83%
Five drinks - HA, that would take me months.

I am the 83%.

One drink is enough to make me feel it; two, and I am noticeably drunk. I have a drink every month or two, that's it.

[classicman]

Right there with ya Clod.

[classicman]

...

[classicman]

.

[Undertoad]

Apples and oranges again. If they don't want to count Gulf of Mexico oil then they are not serious. But also, they are counting the entire British invasion which certainly does not represent music production in the States. I'd like to see this chart again WITH Gulf and Alaskan oil and WITHOUT the Beatles, Zep, and Stones. Thank you.

[Lamplighter]

UT, that's just being picky

If we want more oil, this proves we only need to produce more musicians.

Drum, Baby, Drum !

[infinite monkey]

Originally Posted by Lamplighter

UT, that's just being picky

If we want more oil, this proves we only need to produce more musicians.

Drum, Baby, Drum !

Maybe the Drill Team?

[Lamplighter]

perfect !

[classicman]

... from here.

[Lamplighter]

@Classic, I'm not getting your point.

What is it about unemployment figures you are wanting me to get ?
i.e., they go up and they go down, the numbers depend on what is counted.

I think of employment/unemployment as the same as being pregnant or having a rare disease.
If you are it, your number is 100%

[classicman]

You may "get" out of it whatever you want.
That all depends upon your perspective.

We've discussed the U-3 and U-6 already. They typically run parallel to each other.
This chart has another line on it that runs counter to them starting in 2010. Why?

[Lamplighter]

I think of employment/unemployment as the same as being pregnant or having a rare disease.
If you are it, your number is 100%

The SGS-Alternate starts rising in 2009.
For this group: "Once risen, stays risen".

Isn't the explanation in the definition ?
(completely discouraged, given up, won't take work even if offered)

[classicman]

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

You are correct. I missed it.

[Lamplighter]

So, if the definitions are understood, what would it take to drop the U-6 curve
back down and cross the U-3 curve... instead of running parallel with it ?
(I assume the U-6's are a more difficult nut to crack because they have been
unemployed longer and used up or lost their career contacts)

It seems to me that cutting off unemployment funding (payments) would cause
the U-6 to rise faster and overtake the SGS, and that would not be a good thing.

[xoxoxoBruce]

All you self centered peasants whine about how tough you have it.
Well Forbes says the 1% are getting squeezed more than you are.