Some people say that our unemployemnt rate is very low. However that number does not count discourag

Some people say that the economy is strong because the official government numbers show a very low unemployment rate.

However that government number excludes workers who have become discouraged and have stopped looking for work because they know there are no jobs out there to be had, so there is no point spending time and money looking for something that is not there.

What do you estimate the true unemployment rate to be?

(The true unemployment rate is the official government rate plus the discouraged workers that have quit looking for jobs because the jobs are not available.)

Some people say that our unemployemnt rate is very low. However that number does not count discouraged workersbusiness loan

The government numbers are deliberately understated to mask the true extent of the problems and make the economy look much better than it really is.

For example, in Michigan and Ohio where I am originally from the number of people who have lost jobs in the manufacturing sector and cannot find replacement jobs is approximately 30% or more.

Those jobs are gone forever and they are not coming back.

That is unemployment comparable to the unemployment of the Great Depression.

They are not counted in the Government unemployment numbers because their unemployment benefits have run out and they are not looking for work because there is no work.

I am electrical engineer in Sunnyvale, California, the famous Silicon Valley.

Most of us are contract workers. At any one time approximately 20 to 30% of the people that I know in this industry are unemployed.

I noticed this morning in the newspaper that even Yahoo is laying off people because of the decline in business.

Millions of people all across the United States have lost their homes to foreclosure.

Several of my colleagues who recently lost their jobs are not able to make their mortgage payments and will lose their homes to foreclosure.

We are in a full blown Recession if not a full blown Depression.

The government numbers are artificial and do not reflect the true level of the problems in this economy.

The government numbers are like putting lipstick on a pig.

No matter how much lipstick you put on it it is still a pig.

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Some people say that our unemployemnt rate is very low. However that number does not count discouraged workers

loan

Definitely true. Can%26#039;t estimate unemployment number but it is much more than before Free trade with all these different countries and before exporting jobs and allowing corporations not to pay taxes by going abroad.

(Chicago residents please) How do you feel about unemployment in Chicago?

I have a project that i%26#039;m doing on major issues in Chicago. One of the major issues I thought of was unemployment and people working on minimum wages in Chicago. How do you feel about the unemployment in Chicago? If you are unemployed or working on minimum wage what are you advantages or disadvantages? If you were once unemployed how did it affect you living situation or living standards overall? Do you feel that unemployment majorly attacks that black community? Studies show that African-American and Latino communites have the highest unemployment rate. Could this situation ever get any better? Some people feel that this is just what Chicago has to go through, since at the turn of the century Chicago had too many open jobs. America%26#039;s major companies and businesses are moving over seas could we all possibly be unemployed one day?

(Chicago residents please) How do you feel about unemployment in Chicago?loan rates

i live next door 2 it they have many criminals there

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income

It is all taxable and it is taxed at the same rate as any earned income, though social security and medicare are not deducted from it

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income taxes?student loan

It%26#039;s fully taxable.

What percentage of unemployment compensation is taxed? Is it at the same rate as your regular income taxes? loan

All of your unemployment comp income is taxed as ordinary income, so yes, is added to whatever other income you have, then your tax is calculated on the total.|||All of it is taxed at the regular rate except no SS or MediCare is due on it. If you ever draw it again, you can specify that taxes be withheld to avoid any pain at tax time.|||from what I remember none of it was but that%26#039;s been 20 years ago

When you receive it there are NO taxes taken out. The way the question is written it appears the asker wants to know how much uncle sam is going to get initially

So Called Low Unemployment?

How is it that people do not realize that the only reason the unemployment rate is so low is because it does not calculate in the people that can%26#039;t draw unemployment anymore, the people that have given up on looking for work, and these poor kids coming out of college that are taking any job they can get making them underemployed (ie, BA, MA, PhD working at block busters).

Has society become so gullible that we take the lies the media feed us at face value?

So Called Low Unemployment?mortgage loan

the govt has a vested interest in making the unemployment rate seem as low as possible.

notice that for the last several years whenever you mentioned that we were headed towards major economic problems....they laughed at you at told you that things were great cause unemployment was low..and the stock market was good.

welll....it turns out that the economy was not that great was it? suddenly we are in an ecomomic meltdown. The other deception that is going on is how they are not even acknowledging that it was their policies that got us to this point. In fact they are running for office advocating that the solution to the problems is more of the same policies that got us into the mess in the first place..its a familiar refrain.

So Called Low Unemployment?

loan

I live in Michigan and am happy to still be working,we have the highest unemployment rate in the states,the least amount of jobs available,1 st in people leaving,probably 1 st in factorys and other employers leaving or folding,things are getting crappy here for alot of folks,and yea,I can bet those stats aren%26#039;t accurate either,there is probably alot more unemployed here than what is listed.|||yup. sad but true.|||The above rules for calculating unemployment have been in place since the 1930%26#039;s when the unemployment rate peaked out at 35%. The saving grace of the methodology in calculating the jobless rate is that it has remained relatively consistent over the years with few changes. This allows a fairly accurate picture when comparing economic highs and lows.

Bill Clinton did try and make the unemployment situations rosier than it was when he reduced the household survey per month from 50,000 to 30,000. What Clinton did was to eliminate cities with high ghetto populations and high unemployment. George W Bush restored the 20,000 households when he became president and the monthly household survey is now 60,000 per month.

Worst unemployment in the U.S.?

which state has the highest unemployment rate in the country, out of all 50 states? need info now!!!!!!!!!!!!!!!!!1

Worst unemployment in the U.S.?online loan

It%26#039;s a tie between Michigan and Mississippi according to CNN

Money.

Worst unemployment in the U.S.?

loan

Google it.|||Wouldn%26#039;t have anything to do with the fact that environmental legislation issues may be frightening off budding entrepreneurs into taking their businesses to Asia by any chance?|||I think it might be Oregon|||I don%26#039;t know the answer. However, you should be aware that unemployment rates by state are deceiving. Many states have out-migration. Their unemployment rate may be low, but that is because people are leaving, not because their economy is good.

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