It just doesn't seem right but is it?
>>71057556
What are "jobless claims"?
100 million americans are not working!
>>71057556
Occupy Democrats btfo of conservashits
What it really says
>More people have given up looking for a job and have stopped looking
>>71057556
> Occupy Democrats
Trash.
>>71057620
People filing for unemployment insurance.
You can't get UI unless you've been employed in the last 18 months.
>>71057620
It's when you apply for unemployment benefits with the government. They eventually run out, usually after 26 weeks, so you can no longer be considered unemployed according to the government.
Initial jobless claims are a measure of the change in velocity of the economy, as a surge in claims would indicate a massive number of layoffs. But a low number means nothing after a long time. It's more a measure of optimism by employers. The Labor Participation rate (percentage of people who are actually working) combined with initial jobless claims is a more informative measure.
The Labor Participation rate is still very low. We have a lot of people just sitting around doing nothing.
>>71057876
So the 'jobless claims' are low because lots of people have been unemployed for 18+ months?
>>71057556
>occupy demokikes
also not reporting labor force participation rate
>>71058009
Yup. Eventually you aren't filing a jobless claim because your benefits run out. Then you become part of the Labor Participation Rate statistic.
>>71058009
Number of new jobs in the US over the last decade is almost identical to the number of legal and illegal immigrants.
So either there have been no new American citizens entering the workforce out of college for a decade, or they're not getting a chance to find a job because Obama's importing brown democrats to fill those positions.
>>71058103
That's the best conclusion I could come to, also. Thanks for helping confirm.
>>71057556
Gee Occupy Democrats, that probably doesn't have any connection to the lowest workforce participation rate in the last 40 years, right?
Goddamn.
>>71058009
Add the thousands more that just became unemployed at the largest coal producer that went bankrupt.
and Madame Hillary wants to spend billions on a immigration office for new "workers"
Occupy Democrats is the realization of an autistic teenager
>>71057556
But the actually rate of unemployment itself is higher than it has been ...well I think ever. 40% is pretty shitty.
>>71058009
Not only that, but you had to have been working for 6 months continuously to qualify for unemployment in the first place.
>>71057556
here's some context;
>Every month, 14 million people now get a disability check from the government.
http://apps.npr.org/unfit-for-work/
>labor force participation hit its lowest level since 1977.
http://www.usnews.com/news/articles/2015/10/02/participation-rate-lowest-in-decades-in-disastrous-jobs-report
tho it's risen marginally since then
>>71059275
>>Every month, 14 million people now get a disability check from the government.
The skyrocketing of social security disability enrollees is the most telling statistic. Unemployment is down because they're been unemployed for more than 26 weeks. Labor force participation rate is low because they can't find a decent full time job. They give up and search out a doctor that will certify they home some special form of disability and badabing! They get regular checks for the rest of their life, and they get to park at the front of the parking lot.
>>71058009
Do you have a citation? Like one of those official looking websites
To get true unemployment need to take in a few factors,
1. Old retired people don't count since they aren't really going to be looking that hard
2. People may be employed but they are not in the field they want to be (Not including faggots with lib art degrees)
3. People who work off the books, but don't make enough money to do much more then sustain barely.
4. Students typically don't count due to being busy with school
5. People unemployed without UI and are still looking don't count in this figure.
Pretty much you can always assume that the % that anyone gives you is superficial at best and doesn't truly take into account all factors that may define employment.
