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The total population of the United States is 318,857,056.
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.


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40 million illegal mexicans are here to save us.

Their irs math equals zero.
Hope this helps smile



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Your stats are obviously less than comprehensive. As such they are open to about any interpretation.

As perfect as any statistician or politician could ask for...


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Originally Posted by ltppowell
The total population of the United States is 318,857,056.
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.


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Originally Posted by ltppowell
The total population of the United States is 318,857,056.
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.


Dumbascrap maff.


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If being stupid allows me to believe in Him, I'd wish to be a retard. Eisenhower and G Washington should be good company.
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Originally Posted by ltppowell
The total population of the United States is 318,857,056.
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.


Dumbascrap maff. wink

Last week the dimocrats (dumbascraps) moved 400,000 from the unemployed rolls to being considered not looking for work.

Last edited by eyeball; 07/03/15.

The tree of liberty must be refreshed from time to time by the blood of patriots and tyrants.

If being stupid allows me to believe in Him, I'd wish to be a retard. Eisenhower and G Washington should be good company.
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I'm pretty good with numbers, but you have me thoroughly confused. I know this is a joke or a riddle, so I want to try to solve it. If 209M are older than 18 and 76M are older than 65. That would leave 132,880,312 people that SHOULD be working. If 93,626,000 aren't in the "Labor Force", right off the bat I'd say we have a 70% unemployment rate because the 93,626,000 people aren't working (unemployed). But then you add the 5.3% of the workers that are unemployed, another 2,080,478 people,that would give us a 72% unemployment rate.

If I'm correct, that means 37,173,834 of us hard ass working people are carrying the load for the other 281,683,222 people in this country.

Ultimate solution: Make the 95,706,478 deadbeats get off their asses and do something. Then eliminate the IRS.


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Originally Posted by ltppowell
The total population of the United States is 318,857,056.
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.


You just ran out of fingers and toes, Pat. laugh


This is "no child left behind" math. whistle


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And 350 million plus guns.


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Originally Posted by ltppowell
The total population of the United States is 318,857,056. 318,863,9865
209,128,094 are older than 18 and 76,247,782 of those are older than 65. 93,626,000 of that number is not in the "labor force".
5.3% of those still in the labor force are unemployed.
Fixed it. Your figures were an hour out of date and the Mexicans, Muslims, and unwed black girls are dropping babies by the minute.


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Can't blame the democrats for the definition of the categories, it was during the Reagan administration when those who weren't "actively seeking employment" were first dropped from the official unemployed list.

That being said, it's a crying shame that so many (deadbeats) owe so much to so few (employed).

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LT's lets talk about your numbers a little bit:

First the Total non-institutionalized civilian population

Total US population
- kids under 16
- persons in prisons or the loongie bin
- military personnel

The Civilian labor Force is:

The Total non-institutionalized civilian population
- those not working, AND not seeking employment.

As an example, non-working students, homemakers, and the retired are neither employed, nor unemployed, since they are not "participating" in the labor force.

According to FRED, Federal Reserve Economic Data, maintained by the St. Louis Federal Reserve, as of June this year, the current Civilian Labor force is 157,037,000 people.

As 06/2015 the Civilian labor force participation rate is 62.6%, and the unemployment rate is 5.3%

So

157,037,000
x 0.626
x (1-.053)
= 93,094,988 persons actually working.

Of course, as someone else mentioned, the numbers are actually more complex then that.

The above 5.3% is the "U-3" unemployment number, i.e. U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate).

"U-4" unemployment adds in "discouraged workers", (they are added to both the numerator and denominator) those who've just quit looking, (well the technical definition is Persons not in the labor force who want and are available for a job and who have looked for work sometime in the past 12 months (or since the end of their last job if they held one within the past 12 months), but who are not currently looking because they believe there are no jobs available or there are none for which they would qualify.), and this raised the rate to 5.7%

U-5 adds in Marginally attached workers, those who have looked in the last 12 months, but not the last month, which raised the rate to 6.4%

U-6 then adds in persons who are employed part time for economic reasons. This raises the current rate of 10.5%

I hope that provides a better understanding of how the numbers actually work.


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25.7 million foreign workers in US


http://www.bls.gov/news.release/forbrn.nr0.htm

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Here's the problem, the government spins the numbers around so that it sound good for whoever is the POTUS. In this case it's Obama.

If you're a person between the ages of 18 and 65, and you're not in the military, locked up, TRULY disabled, and you don't have a job, you are UNEMPLOYED.

Being a "discouraged worker" that QUIT looking (the key word is quit) isn't a reason to not be included in the unemployment rate.

They don't want to tell you that the TRUE unemployment rate is about 15%.


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Originally Posted by StoneCutter


Being a "discouraged worker" that QUIT looking (the key word is quit) isn't a reason to not be included in the unemployment rate.


That person would be captured under the U4 number, which is currently 5.7%


You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Originally Posted by antelope_sniper
Originally Posted by StoneCutter


Being a "discouraged worker" that QUIT looking (the key word is quit) isn't a reason to not be included in the unemployment rate.


That person would be captured under the U4 number, which is currently 5.7%


Why do they have a U3, U4, U5, and U6? I think it's just more government BS in order to confuse the populous. Why can't they just give us a straight answer?

I still don't even believe the U6 number. I think it's a lot higher.


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It's also funny how the "unemployment" number got below 7% before Obama finished his 1st term as he promised.

It's bogus and everybody knows it.


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Originally Posted by StoneCutter
Originally Posted by antelope_sniper
Originally Posted by StoneCutter


Being a "discouraged worker" that QUIT looking (the key word is quit) isn't a reason to not be included in the unemployment rate.


That person would be captured under the U4 number, which is currently 5.7%


Why do they have a U3, U4, U5, and U6? I think it's just more government BS in order to confuse the populous. Why can't they just give us a straight answer?

I still don't even believe the U6 number. I think it's a lot higher.


It's so economist can look at these numbers in a more sophisticated manner.

Here's and example of a BLS breakdown of labor force participation.

Code
HOUSEHOLD DATA
ANNUAL AVERAGES 
35. Persons not in the labor force by desire and availability for work, age, and sex
[In thousands]
Category	Total	Age	Sex
2013	2014	16 to 24
years	25 to 54
years	55 years
and over	Men	Women
2013	2014	2013	2014	2013	2014	2013	2014	2013	2014
Total not in the labor force
90,290	92,025	17,458	17,418	23,630	23,744	49,201	50,863	35,889	36,865	54,401	55,159
Do not want a job now(1)
83,901	85,702	15,362	15,377	20,898	21,075	47,641	49,250	32,947	33,932	50,953	51,770
Want a job(1)
6,390	6,323	2,096	2,041	2,733	2,669	1,561	1,614	2,941	2,934	3,448	3,389
Did not search for work in previous year
3,402	3,448	1,079	1,072	1,327	1,337	996	1,039	1,479	1,524	1,923	1,924
Searched for work in previous year,
but not in past 4 weeks(2)
2,988	2,875	1,017	969	1,406	1,332	565	574	1,463	1,409	1,525	1,465
Not available to work now
628	667	286	303	272	284	70	81	239	270	390	397
Marginally attached (available to work now)(3)
2,360	2,207	731	666	1,134	1,048	495	493	1,224	1,139	1,135	1,068
Discouraged over job
prospects(4)
861	739	213	184	431	350	218	205	510	443	351	296
Reasons other than discouragement
1,498	1,468	518	482	703	697	277	289	714	696	784	772
Family responsibilities
229	239	33	34	148	160	48	45	61	65	169	174
In school or training
294	267	234	208	56	54	4	4	159	149	135	118
Ill health or disability
151	161	18	16	74	84	58	61	74	82	77	80
Other(5)
823	801	232	224	425	398	166	179	420	400	403	401


It's easier to read on the BLS web page:
http://www.bls.gov/cps/cpsaat35.htm

As you can see, if you want to understand it, the data is available. Of course, most folks are more concerned about what for supper, so they never look past the headline number.


You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Okay, next question. Economist agree 4-6.4% unemployment is considered "full employment" in the U.S., and that it can't get any better than that.

Why is the economy so depressed?


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Originally Posted by ltppowell
Okay, next question. Economist agree 4-6.4% unemployment is considered "full employment" in the U.S., and that it can't get any better than that.

Why is the economy so depressed?



Because the government's economic figures are as fake as Obama's smile.


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