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Yahoo new article about jobless rate, very cool map check it out

mkman123mkman123 Posts: 6,849 ✭✭✭✭
in Precious Metals


Jobless Rate w/ neat map

Hope this works. Anyways check out the article BUT the big thing is the map they have!! You can look at unemployment #s on the map by moving the mouse cursor to the different states and counties, very interesting!
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Comments

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I'm still trying to figure out how rate dropped to 9.5% when we lost more jobs?image
    Avid collector of GSA's.
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    "I'm still trying to figure out how rate dropped to 9.5% when we lost more jobs?"

    Not that hard to figure out. The stimulus worked and the economic recovery is well underway. Saving the bankers was the correct strategy since they loan money to businesses so they can grow and create jobs. It's all good, please return to your regularly scheduled programming. Oh yeah, I almost forgot...bend over Tax man is coming
  • bestmrbestmr Posts: 1,777 ✭✭✭
    I KNOW a bunch of people lost their benefits as they had maxed it out so I don' t know if that factors into that number or not. I myself am getting close to losing mine so I hope to find a DECENT job here soon.
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • ttownttown Posts: 4,472 ✭✭✭
    Just wait until over 1 million people get the axe on unemployment benefits. That will take a bite out of the employment numbers and then the government will declare the recovery is working great.......LOL
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>"I'm still trying to figure out how rate dropped to 9.5% when we lost more jobs?"

    Not that hard to figure out. The stimulus worked and the economic recovery is well underway.



    image

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  • RedHerringRedHerring Posts: 2,077 ✭


    << <i>I'm still trying to figure out how rate dropped to 9.5% when we lost more jobs? >>




    Roughly 650,000 "discouraged workers" dropped out of the labor force in June.

    Numerically, say in May 2010 we have 10% unemployment in Sparks, Kansas due to 10 of the 100 eligible workers being out of work. 10/100 = 10%

    Move to June 2010: 2 of the 10 unemployed workers decides to give up job hunting and 1 of the 90 gets laid-off. Now we have 9 of 98 eligible workers out of work. 9/98 = 9.2%

    We "lost" jobs but the unemployment rate went down!

    image
  • johnny9434johnny9434 Posts: 28,313 ✭✭✭✭✭
    it wont load image anyone else got a link?
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>"I'm still trying to figure out how rate dropped to 9.5% when we lost more jobs?"

    Not that hard to figure out. The stimulus worked and the economic recovery is well underway. Saving the bankers was the correct strategy since they loan money to businesses so they can grow and create jobs. It's all good, please return to your regularly scheduled programming. Oh yeah, I almost forgot...bend over Tax man is coming >>




    image
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  • BuffalodeBuffalode Posts: 339
    From the BLS June report:

    "In June, about 2.6 million persons were marginally attached to the labor force, an increase of 415,000
    from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force,
    wanted and were available for work, and had looked for a job sometime in the prior 12 months. They
    were not counted as unemployed because they had not searched for work in the 4 weeks preceding the
    survey.
    Among the marginally attached, there were 1.2 million discouraged workers in June, up by 414,000
    from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently
    looking for work because they believe no jobs are available for them."

    If you add these 2.6 million unemployed back in the government's own statistics show unemployment around 11.2%. It seems to me the government should be even more concerned that over a million people are so discouraged they are no longer even looking for work. Instead the government response is simply to quit counting them.
    Bob

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    not loading up anymore for those who tried to click the link. Also the interactive unemployment map that was shown was taken off and I cannot even find any other source that has it. Wonder why they did that.
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  • BuffalodeBuffalode Posts: 339
    The most recent one I could find was this one dated March 2010 from the Washington Post. Popups were being blocked on this page by my computer.

    Interactive Map
    Bob

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    buffalode, the one you posted looks very very similar to the one that was on that yahoo news one. There are a few differences I think but I'm going to bookmark that map as its very interesting to look at. Thanks!!
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  • BuffalodeBuffalode Posts: 339
    You're welcome. If I see anything more current I'll post a link to this thread.
    Bob

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