do you believe that unemployment figures are low in USA because some people have given up looking for work?

Question

do you feel people have started businesses because they couldn't find work. Please elaborate.

Answer 1

we it has been a good illusion for the government to give the facts but once you stop collecting you are no longer considered unemployed they do not see that you don;t have a job they see you are no longer collecting from them so you are off the books.
that's how it looks so low lot of people with out a job ...

Answer 2

this started in the eighties when they changed the way unemployment figures were reported. the numbers were so high people were scared. the publicized figures do not reflect reality. anyone who has ever been in any large city, and isn't blind, can see that homelessness is rampant in this country. most of those folks are unemployed.

if you're really all that interested do this. find the current population. these numbers will be incorrect as well, but what can you do. then find the number of people employed. do the math and be amazed. america is a nation of joblessness. this is why there are so many angry that latino migrants "are taking all the jobs." they are not, often constituting the lowest strata ofr our population.

america used to be a nation of industry. these factories, often american owned, have moved out of this country into countries where the wage expectations are significantly lower. we cause our own problems and tend to blame whatever the current scapegoat is.

as for "started businesses because they couldn't find work," i'm sure many have started low end businesses, but remember it takes money to make money. you may start a lawn care business with a borrowed mower, but you'll not open a store or restaurant without capital backing. yesterdays news was interesting, "....the majority of federal money slated for establishing small business is going to mega business like microsoft." my o my. the average citizen cannot get these loans any more.

Answer 3

Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. Actively looking for work may consist of any of the following activities:

Contacting:
An employer directly or having a job interview;
A public or private employment agency;
Friends or relatives;
A school or university employment center;

Sending out resumes or filling out applications;

Placing or answering advertisements;

Checking union or professional registers; or

Some other means of active job search.
How are seasonal fluctuations taken into account?

Total employment and unemployment are higher in some parts of the year than in others. For example, unemployment is higher in January and February, when it is cold in many parts of the country and work in agriculture, construction and other seasonal industries is curtailed. Also, both employment and unemployment rise every June, when students enter the labor force in search of summer jobs.

The seasonal fluctuations in the number of employed and unemployed persons reflect not only the normal seasonal weather patterns that tend to be repeated year after year, but also the hiring (and layoff) patterns that accompany regular events such as the winter holiday season and the summer vacation season. These variations make it difficult to tell whether month-to-month changes in employment and unemployment are due to normal seasonal patterns or to changing economic conditions. To deal with such problems, a statistical technique called seasonal adjustment is used. This technique uses the past history of the series to identify the seasonal movements and to calculate the size and direction of these movements. A seasonal adjustment factor is then developed and applied to the estimates to reduce the effects of regular seasonal fluctuations on the data. When a statistical series has been seasonally adjusted, the normal seasonal fluctuations are smoothed out and data for any month can be more meaningfully compared with data from any other month or with an annual average. Many of the time series that are based on monthly data are seasonally adjusted.

Answer 4

Some people choose not to work because they already have gov't services, if they start work they will lose their services because they won't be income eligible most of the time. And most of the jobs people get starting off don't pay enough for the cost of living. its a cycle that will never end. The rich get richer and the poor stay poor. damn the man

Answer 5

I do feel that's part of it. I also believe that the cost of living is so high that people need to work menial jobs instead of going to school and working part time after. Another reason is that the government makes it too esy for people to collect disability insurance and retire young on that and the welfare system is also very lax. Only my opinion.

Answer 6

I feel that this may be true. I have been looking for a job in my field for quite a long time now to no avail. It is a very frustrating process and I could see how someone would give up after several painstaking months.

Answer 7

I think it's more that unemployment insurance is too high. When they get so much they won't take a job unless it pays a lot more than unemployment.

Answer 8

If they have given up, it's because they can't afford the gas to drive around applying and going to interviews because Bush is making too much money to lower gas prices!!!!!!

Answer 9

probably...it would make sense. the job market is closed. if you have a job, you arent calling in sick anymore because you know about 15 people who cant find a job.

Answer 10

That is taken into consideration. The answer is no. the numbers are just low.
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