Unemployment rate lowers

Discussion in 'News / Current Events' started by Salty, Dec 4, 2009.

?

Unemployment rate on/about 5 Feb 10

Poll closed Feb 4, 2010.
  1. less than 8 %

    0 vote(s)
    0.0%
  2. 8 - 9%

    0 vote(s)
    0.0%
  3. 9 - 9.5

    0 vote(s)
    0.0%
  4. 9.5 - 10.5 %

    2 vote(s)
    33.3%
  5. 10.5 - 11%

    3 vote(s)
    50.0%
  6. 11% +

    1 vote(s)
    16.7%
  1. Salty

    Salty
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    #1 Salty, Dec 4, 2009
    Last edited by a moderator: Dec 4, 2009
  2. Crabtownboy

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    Probably too soon for those to be counted. Are temporary jobs included in this count?
     
  3. Salty

    Salty
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    Im not sure, but I just added a link in the OP, if someone takes the time, they might be able to fine the info

    Salty
     
  4. carpro

    carpro
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    Didn't take long.
     
  5. targus

    targus
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    It's a guesstimate based on a survey of households - not actual numbers - and pretty much meaningless.
     
  6. donnA

    donnA
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    temporary seasonal jobs do not count because those people will work only a few weeks.
     
  7. Mexdeaf

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    About as meaningful as, and as manipulated as BHO's IQ score. Actual percentage is probably closer to 13%-15% of all who CAN or SHOULD BE working. There will never be 100% employment because some people don't WANT TO work.
     
  8. Gold Dragon

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    The 10.0% figure is seasonally adjusted.

    If you go this page and check off the unemployment rate checkbox for seasonally adjusted and non-seasonally adjusted, you get the data from 1999-2009.

    The non-seasonally adjusted rate is 9.4% which is lower. I'm not sure how that makes sense.

    Here is the census.gov FAQ for seasonal adjustment. It doesn't really help me to understand these numbers.


    Edit: I think I get it. The absolute rate is 9.4%. But if you take out the seasonal jobs, it would be 10%, which is lower than the seasonally adjusted peak in october at 10.2%.
     
    #8 Gold Dragon, Dec 4, 2009
    Last edited by a moderator: Dec 4, 2009

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