Jump to content

Economy Added 'Stunning' 339K Jobs in May


BarryLaverty

Recommended Posts

Which leads one to wonder, if the economy added so many jobs, but unemployment went UP.....how does that happen.....that is because the government fixes the numbers for these reports....the only true unemployment number is the # of people working divided by the total number of people in US.....

133,450,000/331,900,000=.40207893944 or 40.21% is amount of people that actually work full time jobs in this nation. Meaning that 59.79% of the people do NOT work full time jobs, meaning we have a real UNEMPLOYMENT rate of about 60%....

https://www.statista.com/statistics/192361/unadjusted-monthly-number-of-full-time-employees-in-the-us/#:~:text=As of April 2023%2C there,133.45 million full-time employees.

https://www.google.com/search?q=number+of+people+in+us&rlz=1C1CHZN_enUS938US938&oq=number+of+people+in+us&aqs=chrome..69i57j0i512j0i390i650l2.6719j1j7&sourceid=chrome&ie=UTF-8

Link to comment
Share on other sites

20 minutes ago, DannyZuco said:

Which leads one to wonder, if the economy added so many jobs, but unemployment went UP.....how does that happen.....that is because the government fixes the numbers for these reports....the only true unemployment number is the # of people working divided by the total number of people in US.....

133,450,000/331,900,000=.40207893944 or 40.21% is amount of people that actually work full time jobs in this nation. Meaning that 59.79% of the people do NOT work full time jobs, meaning we have a real UNEMPLOYMENT rate of about 60%....

https://www.statista.com/statistics/192361/unadjusted-monthly-number-of-full-time-employees-in-the-us/#:~:text=As of April 2023%2C there,133.45 million full-time employees.

https://www.google.com/search?q=number+of+people+in+us&rlz=1C1CHZN_enUS938US938&oq=number+of+people+in+us&aqs=chrome..69i57j0i512j0i390i650l2.6719j1j7&sourceid=chrome&ie=UTF-8

Does that count those who are ineligible to work (i.e. those who are too young to work)?

Link to comment
Share on other sites

3 hours ago, Monte1076 said:

Does that count those who are ineligible to work (i.e. those who are too young to work)?

Yes it does, a true unemployment rate is all the people working divided by all the people in the country....doesn't matter if retired, underage, or what....that is the only TRUE unemployment number....

  • Confused 1
Link to comment
Share on other sites

On 6/4/2023 at 1:40 PM, DannyZuco said:

Yes it does, a true unemployment rate is all the people working divided by all the people in the country....doesn't matter if retired, underage, or what....that is the only TRUE unemployment number....

I think the unemployment rate should be the number of people 16-67 that are working, and part time workers should count as a half employed person.  There's no way that anyone under the age of 14 or 70 should count either way, even though there are many people that work even after the age of 70.  I plan on working until the day I die, because if you sit still you collect moss.  I can't say that you can remove those that are handicapped however, because they still have the abilities to perform certain jobs.  

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...