Interesting graphs and charts department - Page 18

Lamplighter · 02-21-2012, 05:23 PM

perfect !

classicman · 02-24-2012, 01:52 PM

... from here.

Lamplighter · 02-24-2012, 02:16 PM

@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 · 02-24-2012, 02:30 PM

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 · 02-24-2012, 04:18 PM

Quote:

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 · 02-24-2012, 05:18 PM

Quote:

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 · 02-24-2012, 06:07 PM

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 · 02-25-2012, 07:09 PM

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

Spexxvet · 02-28-2012, 08:38 AM

Quote:

Originally Posted by 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.

Yeah, have you seen the price of caviar lately?

xoxoxoBruce · 02-29-2012, 02:39 AM

I wouldn't eat that shit for free.

classicman · 02-26-2012, 12:45 AM

Quote:

Originally Posted by Lamplighter

what would it take to drop the U-6 curve
back down and cross the U-3 curve... instead of running parallel with it ?

Huh?

Lamplighter · 02-26-2012, 01:18 AM

If the U3 are still actively looking for work and are being somewhat successful,
what would it take to get the U6 back in the work force at their proper level ?

Griff · 02-26-2012, 06:46 AM

A land war in Asia with a universal draft.

classicman · 02-26-2012, 11:56 AM

Quote:

Originally Posted by Lamplighter

what would it take to get the U6 back in the work force at their proper level ?

They'd have to be eligible to receive benefits. no?

classicman · 03-15-2012, 03:47 PM

Good fun here with gas prices

02-24-2012, 01:52 PM	#2
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	... from here. Attached Images __________________ "like strapping a pillow on a bull in a china shop" Bullitt

02-24-2012, 02:30 PM	#4
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	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? __________________ "like strapping a pillow on a bull in a china shop" Bullitt

02-25-2012, 07:09 PM	#8
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	All you self centered peasants whine about how tough you have it. Well Forbes says the 1% are getting squeezed more than you are. Attached Images __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

02-29-2012, 02:39 AM	#10
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I wouldn't eat that shit for free. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

02-26-2012, 06:46 AM	#13
Griff still says videotape Join Date: Feb 2001 Posts: 26,813	A land war in Asia with a universal draft. __________________ If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis

02-21-2012, 05:23 PM	#1
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	perfect !

02-24-2012, 02:16 PM	#3
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	@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%

02-24-2012, 06:07 PM	#7
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	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.

02-26-2012, 01:18 AM	#12
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	If the U3 are still actively looking for work and are being somewhat successful, what would it take to get the U6 back in the work force at their proper level ?

03-15-2012, 03:47 PM	#15
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	Good fun here with gas prices Attached Images __________________ "like strapping a pillow on a bull in a china shop" Bullitt

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