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Thread: European Union vs The United States of America

  1. #19
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: European Union vs The United States of America

    Quote Originally Posted by Big View Post
    You are clueless dude! The number you gave me for Ohio was found using this formula:

    Unemployment rate= unemployed workers/Total labor forcex100%

    That means first you have to be an UNEMPLOYED WORKER. Housewives are not unemployed workers. They do not exist with regard to labor force.
    LOL. Where do you find the definition used by the United States as to "unemployed worker"? Because I'm pretty sure the U.S. includes everyone over 18 as a worker, although they may exclude students.
    Jacob Schlottke---Gone too soon, and the world is a little less bright because of it. RIP, brother.

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  2. #20
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    Default Re: European Union vs The United States of America

    Hidden unemployment
    Hidden, or covered, unemployment is the unemployment of potential workers that is not reflected in official unemployment statistics, due to the way the statistics are collected. In many countries only those who have no work but are actively looking for work (and/or qualifying for social security benefits) are counted as unemployed. Those who have given up looking for work (and sometimes those who are on Government "retraining" programmes) are not officially counted among the unemployed, even though they are not employed. The same applies to those who have taken early retirement to avoid being laid off, but would prefer to be working. The statistic also does not count the "underemployed" - those with part time or seasonal jobs who would rather have full time jobs. Because of hidden unemployment, official statistics often underestimate unemployment rates.

  3. #21
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: European Union vs The United States of America

    Ok...and where does that say it applies to the U.S., because the word "programmes" clearly implies that this definition is from another country.
    Jacob Schlottke---Gone too soon, and the world is a little less bright because of it. RIP, brother.

    One, two, Evans is coming for you...

  4. #22
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    Default Re: European Union vs The United States of America

    As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work.[5]

    http://en.wikipedia.org/wiki/Unemployment


    Definitely not housewives

  5. #23

    Default Re: European Union vs The United States of America

    Quote Originally Posted by Big View Post
    You are clueless dude! The number you gave me for Ohio was found using this formula:

    Unemployment rate= unemployed workers/Total labor forcex100%

    That means first you have to be an UNEMPLOYED WORKER. Housewives are not unemployed workers. They do not exist with regard to labor force.
    That means first you have to be an UNEMPLOYED WORKER. Housewives are not unemployed workers. They do not exist with regard to labor force.[/quote]

    You are correct I read the report wrong, but you don't have to reply like a jackass. However you were wrong in regards to fact that they come up with the number by those receiving benifits.

    For those of you interested here is the link with the definition and how the US Govt. comes up with their numbers.

    http://www.bls.gov/cps/cps_htgm.htm

  6. #24
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    Default Re: European Union vs The United States of America

    Like I said, the American system leaves a lot to be guessed.

    Many people work for cash and will not tell the government for fear of being punished. Things like that.

  7. #25

    Default Re: European Union vs The United States of America

    Quote Originally Posted by Big View Post
    Like I said, the American system leaves a lot to be guessed.

    Many people work for cash and will not tell the government for fear of being punished. Things like that.
    Do you really believe that other countries call every person in their country to determine who is unemployeed each month.

  8. #26
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    Default Re: European Union vs The United States of America

    Quote Originally Posted by Chance174 View Post
    Do you really believe that other countries call every person in their country to determine who is unemployeed each month.
    Its not that. Many countries will set up their data to make it look like anyone who doesn't work full time and who doesn't have a job according to his/her credentials is unemployed. Why? because they want more help from other countries, like investment in industry and stuff.

    America, however, has much foreign investments in stocks which depend on people in America being employed and consuming. Therefore, America wants to portray itself as a low unemployment nation so it comes up with the best possible scenario.

    By this definition unemployment in America would be at 30%-50% since most Americans either can't get a job they want or work under the table.

  9. #27
    Super Moderator Zapp Brannigan's Avatar
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    Default Re: European Union vs The United States of America

    Quote Originally Posted by Big View Post

    By this definition unemployment in America would be at 30%-50% since most Americans either can't get a job they want or work under the table.
    Please tell me your joking with those "statistics"?
    Jacob Schlottke---Gone too soon, and the world is a little less bright because of it. RIP, brother.

    One, two, Evans is coming for you...

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