What Is The "Real" Unemployment Rate? (SPOILER: > 10%)

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By LowIQTrash
24 Sep 2023 11:39 pm in No Holds Barred Political Forum
12 posts • Page 1 of 1
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LowIQTrash
24 Sep 2023 11:39 pm
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In my previous thread I talked about inflation and concluded that, assuming you were "middle of the pack," you needed to make ~2.5x more than what you made back in 1997-2000 in order to maintain a similar standard of living, despite the "official" inflation rate suggesting something closer to 1.8x. (See below)

====================
https://www.usinflationcalculator.com/
(2000 -> 2023 = The calculator is based off "official" stats and claims there is a cumulative 78% increase in prices when, in fact, the actual increase is closer to 150%)
====================

However, the chicanery does not end there...as there are some "interesting" numbers surrounding unemployment.

The Bureau of Lies and Subterfuge (BLS) claims the UE rate as measured by U3 in August 2023 was 3.8%. Which is ****.

==============================================

Let's take a look at some other eras where this 3.8% was achieved (AKA WHAT 3.8% UNEMPLOYMENT REALLY LOOKS LIKE):

1960s: Anyone who has lived through this period can testify to how easy it was to find a job. It would typically take anywhere from a few days to a couple weeks unless you were attempting to enter a highly specialized field that required many years of training/university education.

You would send anywhere from 3 to 15 resumes (oops, did resumes even exist back then? DID YOU EVEN NEED TO USE A TYPEWRITER TO TYPE UP A RESUME BACK IN 1966Image  ) and landed at least one job based off those 3-15 applications alone.

2000: In the late 1990s, we had a massive tech boom when Internet companies were popping up left and right, and for those of you in tech like @Neo (I believe he used to work in software QA) you may recall that software and Internet companies were quite literally willing to hire people without any background or formal training in computer science/software.

Please read that again:

Software and Internet companies, in the late 1990s, were quite literally willing to hire people without any background or formal training in computer science/software instead of making you do **** whiteboard questions in interviews that would require the applicant to study for 100+ hours of l33tcode/DS&A questions over and over again + 4 years of uni.

Now compare those eras (when unemployment was legitimately low) to today:

1 - (USA data)

- It takes 21 to 80 job applications to get one job offer, on average.
- The average corporate job opening receives roughly 250 applications. 

https://www.zippia.com/advice/how-many- ... get-a-job/

 2 - (Anecdotal)

- 1613 applicants to 1 front-end software job: 


https://www.reddit.com/media?url=https% ... bece88df99

- Graphic designer says when she scrolls through LinkedIn, the premier jobs/networking site for professionals, she sees "thousands" of applicants per job.

https://www.reddit.com/r/graphic_design ... s_one_job/

(Try this YOURSELF and see how many applicants per job show up on LinkedIn)

- FAKE job listings are everywhere, artificially inflating the "jobs" count - PROOF by the Wall St Journal

https://www.wsj.com/articles/that-plum- ... t-3aafc794

- Experienced software engineer says this "Feels like 2008"

https://www.reddit.com/r/jobs/comments/ ... ince_2008/
=========================================================

Now does this sound like a "3.8%" unemployment rate? 

This sounds closer to GREAT RECESSION numbers: 10%+ unemployment.

And BY THE WAY, even GR UE numbers were FUDGED BACK THEN by BUSH AND OBAMA! (They claimed ~9.5% unemployment when REAL unemployment was 15-20%)


 
 
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31st Arrival
25 Sep 2023 6:02 am
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In order to sink a company, people won't work for the franchise. Works same way as boycotting their corporation inside out. Nobody works there, they can't open businesses. I discovered unions were doing this in 1982 for myself.

Then there arrives AMAZON to distribute from warehouse to household to collect the middleman fees instead of retail establishments. Wow, destroyed middle class management. Royal we, loyal us, leading the debating between what if and what about among obedient they, them, those people only educated to believe now isn't eternity.
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walkingstick
25 Sep 2023 10:42 am
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usa government never checks the facts. they just release what ever number they want.
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31st Arrival
25 Sep 2023 12:46 pm
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walkingstick » 25 Sep 2023, 10:42 am » wrote: usa government never checks the facts. they just release what ever number they want.
You recite and they invent incomplete facts that fit their designated parable narrative that keeps generation gaps un-united..
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murdock
25 Sep 2023 7:34 pm
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FLAGRANT HOMOSEXUAL, CHILD DANGER
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LowIQTrash » 24 Sep 2023, 11:39 pm » wrote: In my previous thread I talked about inflation and concluded that, assuming you were "middle of the pack," you needed to make ~2.5x more than what you made back in 1997-2000 in order to maintain a similar standard of living, despite the "official" inflation rate suggesting something closer to 1.8x. (See below)

====================
https://www.usinflationcalculator.com/
(2000 -> 2023 = The calculator is based off "official" stats and claims there is a cumulative 78% increase in prices when, in fact, the actual increase is closer to 150%)
====================

However, the chicanery does not end there...as there are some "interesting" numbers surrounding unemployment.

The Bureau of Lies and Subterfuge (BLS) claims the UE rate as measured by U3 in August 2023 was 3.8%. Which is ****.

==============================================

Let's take a look at some other eras where this 3.8% was achieved (AKA WHAT 3.8% UNEMPLOYMENT REALLY LOOKS LIKE):

1960s: Anyone who has lived through this period can testify to how easy it was to find a job. It would typically take anywhere from a few days to a couple weeks unless you were attempting to enter a highly specialized field that required many years of training/university education.

You would send anywhere from 3 to 15 resumes (oops, did resumes even exist back then? DID YOU EVEN NEED TO USE A TYPEWRITER TO TYPE UP A RESUME BACK IN 1966Image  ) and landed at least one job based off those 3-15 applications alone.

2000: In the late 1990s, we had a massive tech boom when Internet companies were popping up left and right, and for those of you in tech like @Neo (I believe he used to work in software QA) you may recall that software and Internet companies were quite literally willing to hire people without any background or formal training in computer science/software.

Please read that again:

Software and Internet companies, in the late 1990s, were quite literally willing to hire people without any background or formal training in computer science/software instead of making you do **** whiteboard questions in interviews that would require the applicant to study for 100+ hours of l33tcode/DS&A questions over and over again + 4 years of uni.

Now compare those eras (when unemployment was legitimately low) to today:

1 - (USA data)

- It takes 21 to 80 job applications to get one job offer, on average.
- The average corporate job opening receives roughly 250 applications. 

https://www.zippia.com/advice/how-many- ... get-a-job/

 2 - (Anecdotal)

- 1613 applicants to 1 front-end software job: 


https://www.reddit.com/media?url=https% ... bece88df99

- Graphic designer says when she scrolls through LinkedIn, the premier jobs/networking site for professionals, she sees "thousands" of applicants per job.

https://www.reddit.com/r/graphic_design ... s_one_job/

(Try this YOURSELF and see how many applicants per job show up on LinkedIn)



Now does this sound like a "3.8%" unemployment rate? 

This sounds closer to GREAT RECESSION numbers: 10%+ unemployment.

And BY THE WAY, even GR UE numbers were FUDGED BACK THEN by BUSH AND OBAMA! (They claimed ~9.5% unemployment when REAL unemployment was 15-20%)
Why do you **** idiots believe the media?
 
 
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31st Arrival
26 Sep 2023 5:44 am
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murdock » 25 Sep 2023, 7:34 pm » wrote: Why do you **** idiots believe the media?
 
 
how is it you seek to command everyone denying now is eternity in every reality protecting the concepts of humanity ancestrally done historically to date and recorded how it was accomplished in laws that rule social engineered moral, legal, ethical, economical behaviors cradle to grave all 5 generation gaps living.
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murdock
26 Sep 2023 11:22 am
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Nostradamus'omh » 26 Sep 2023, 5:44 am » wrote: how is it you seek to command everyone denying now is eternity in every reality protecting the concepts of humanity ancestrally done historically to date and recorded how it was accomplished in laws that rule social engineered moral, legal, ethical, economical behaviors cradle to grave all 5 generation gaps living.

Does this cock sucker ever do anything but post babbling ****?
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Exogenous Ellipsis
26 Sep 2023 11:28 am
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BUTT HURT AND SQUAWLING
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murdock » 26 Sep 2023, 11:22 am » wrote: Does this cock sucker ever do anything but post babbling ****?
I never read it and doubt anyone else do either.
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31st Arrival
26 Sep 2023 11:31 am
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murdock » 26 Sep 2023, 11:22 am » wrote: Does this cock sucker ever do anything but post babbling ****?
The mind of a socially ^^^^^^^ nurtured soul sacrificed their sole time understanding the simplicity of compounding chromosomes changing population adapting in space as ancestrally centered between yesterday and tomorrow, today.
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murdock
26 Sep 2023 1:07 pm
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FLAGRANT HOMOSEXUAL, CHILD DANGER
6,411 posts
Nostradamus'omh » 26 Sep 2023, 11:31 am » wrote: The mind of a socially ^^^^^^^ nurtured soul sacrificed their sole time understanding the simplicity of compounding chromosomes changing population adapting in space as ancestrally centered between yesterday and tomorrow, today.
Does this cock sucker ever do anything but post babbling ****?
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31st Arrival
28 Sep 2023 8:03 am
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23,328 posts
Ŵhereever you show up in person or cyberspace.
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31st Arrival
28 Sep 2023 8:16 am
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Lincoln Nebraska » 26 Sep 2023, 11:28 am » wrote: I never read it and doubt anyone else do either.
That is what nurtured minds are trained to do anytime their instinctive brain recognizes vocabulary doesn't match evolving as displaced. You are a true loyalist to preserving reasonable doubt for your specific reality sake.
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