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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 07-26-2024, 09:12 PM   #31
Levianon17
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Originally Posted by Lucas McCain View Post
As a man who not only volunteers at two homeless shelters but also donates a rather substantial amount of money to them on a yearly basis, I can tell you for a fact in my experience, not many of them are actively seeking employment. Because many are not actually actively seeking employment, they are not going to be considered in the unemployment rate... just FYI

I will add that I agree with many who question the true accuracy of the unemployment rate due to the difficulty in assessing who should actually be included.
If they aren't actively seeking employment that still makes them unemployed.
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Old 07-26-2024, 09:16 PM   #32
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Of Guideline # 2 . . .
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#2 - Derogatory racial remarks are simply unacceptable, period. Disrespect another's ethnic background and you will most certainly regret it.
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Old 07-26-2024, 09:19 PM   #33
Levianon17
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Rumor has it Harris will pick Gavin Newsom as her VP.

In preparation he just ordered local police to kick out the homeless.

https://www.google.com/amp/s/amp.cnn...ss-encampments
Two idiots from the land of fruits and nuts running the country what the hell could possibly go wrong.
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Old 07-26-2024, 09:53 PM   #34
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Originally Posted by Levianon17 View Post
If they aren't actively seeking employment that still makes them unemployed.
What does that have to do with the variables used in calculating the unemployment rate? Do you want to include retirees, housewives and children in there too? What part of not actively seeking employment are you not understanding?

I have to admit that I am laughing to myself that I am discussing this in a thread started by one of the biggest trolls in this forum. What has happened to me? LOL

Edit for below: You know how to find that. You are on the internet all day... I'm rarely in the mood to play silly games just because a person can't admit when he is wrong.
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Old 07-26-2024, 10:22 PM   #35
Levianon17
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Originally Posted by Lucas McCain View Post
What does that have to do with the variables used in calculating the unemployment rate? Do you want to include retirees, housewives and children in there too? What part of not actively seeking employment are you not understanding?

I have to admit that I am laughing to myself that I am discussing this in a thread started by one of the biggest trolls in this forum. What has happened to me? LOL
Well what's your definition of unemployment? Is there some magic formula to determine the unemployment rate?
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Old 07-26-2024, 11:25 PM   #36
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Well what's your definition of unemployment? Is there some magic formula to determine the unemployment rate?
Yes, details on the magic formula can be found here.

U.S. BUREAU OF LABOR STATISTICS
https://www.bls.gov/cps/cps_htgm.htm
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Old 07-26-2024, 11:49 PM   #37
Levianon17
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Yes, details on the magic formula can be found here.

U.S. BUREAU OF LABOR STATISTICS
https://www.bls.gov/cps/cps_htgm.htm
Well that's nice. The unemployment rate will rise you can bet on it.
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Old 07-28-2024, 10:39 PM   #38
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Originally Posted by Levianon17 View Post
Well that's nice. The unemployment rate will rise you can bet on it.
Since 2004 there are only two time periods where the unemployment rate (reported by the WSJ) has gone to 10%. They are:

1. 2008 - Wall Street meltdown

2. 2020 - CoVid19 spread


Check out the Civilian Unemployment rate chart in the link below.


A new virus could evolve from the wild that we don't have a vaccine for. A Wall Street Meltdown like we had in 2008 is not likely to repeat itself. The passing of the Dodd/Frank financial reform act was designed to prevent that type of scenario from happening again.

https://www.bls.gov/cps/home.htm
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