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TheCatt 
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 11 2009,12:10 |
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There are 3 unemployment numbers. The problem is that only 1 is tracked.
The highest # is: people who want work, but don't have it; Or who want better work.
The 2nd highest # includes underemployment: People who are actively seeking better/permanent employment but have jobs.
The lowest # is the one that's reported: People who do not have work, but are actively seeking it.
Generally, the gap between that highest # and the lowest is around 5%, and increases during economic downturns. So, at our economy's peak, it would be reasonable to estimate that number at around 9-10%, making 16% not sounds as relatively bad.
During the Great Depression, when unemployment hit 25%, they used that highest #, not the # we use today. By today's standards, it was probably around 17-18%
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It's not me, it's someone else.
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Troy
Group: Privateers
Posts: 3857
Joined: Jun. 2004
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Posted on: Aug. 11 2009,12:14 |
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Yeah, in our classes we were always warned that in the most severe recession/depression, you can pretty much throw unemployment numbers out the window. Thanks to the "workers giving up hope and living on unemployment" and "workers taking crappy jobs they are too overqualified for"
Doom and gloom...
Edited by Troy on Aug. 11 2009,12:15
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TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 11 2009,12:17 |
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On the good side, unemployment in my house recently went down from 50% to 0%, so I guess my personal recession is over.
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It's not me, it's someone else.
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TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 11 2009,14:29 |
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I'm still trying to get my last month of unemployment benefits from the state.
Despite nothing anywhere stating that being self-employed part-time makes someone ineligible, they're reviewing my eligibility.
I called the department handling that, and it goes straight to voicemail. You get to voicemail, and it tells you that voicemail is full.
Yay.
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It's not me, it's someone else.
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| Post Number: 9
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Troy
Group: Privateers
Posts: 3857
Joined: Jun. 2004
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Posted on: Aug. 11 2009,14:38 |
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I missed a week on mine, and didn't realize it until it was already two weeks past, and they don't let you receive sweet government money after two weeks.
Bummer, that's like a new TV.
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| Post Number: 10
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TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 12 2009,08:20 |
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So I sent emails to the two heads of the NC ESC yesterday afternoon after the phone issue.
This morning I got a called back one of the phone center employees who asked a few questions (basically making sure I wasn't self-employed full-time), and said the matter's resolved, and should be cleared in the system today.
So that's like $1600 - woot!
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It's not me, it's someone else.
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