The most prestigious law school admissions discussion board in the world.
|
 |
 
|
I only recently learned how the ""unemployment rate"" is calculated. Insane.
Poast new message in this thread
Date: April 6th, 2026 10:57 PM Author: oomox It only counts people who are actively searching for a job. So it excludes people who have given up on finding a job because they've been searching so long without luck.
I suppose it would be DEFENSIBLE to exclude the people who don't WANT a job at all: adults who are content living in their parents' basements and never even tried to find a job, or gave minimal effort. But realistically, a TONNNNN of people who have dropped out of the workforce (by those disingenuous standards) did so because they decided there WEREN'T any jobs for them and gave up.
Fortunately you can calculate the ACTUAL unemployment rate because the numbers are released for all of the categories, and you can work backwards by excluding retired people, people too disabled to work, and so on. Generally it's around 2x the reported unemployment rate.
Fake and gay, it's all fake and gay. The government is constantly gaslighting us. |
Date: April 6th, 2026 10:59 PM Author: may his bones be crushed r u 19? (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799222) |
 |
Date: April 6th, 2026 10:59 PM Author: Sex & Love Addict titcrru19 (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799223) |
|
Date: April 6th, 2026 11:00 PM Author: oomox The last para I've known for a long, long time. Just spelling it out for the sheeple. And there are a lot of sheeple on here. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799227) |
|
Date: April 6th, 2026 11:01 PM Author: may his bones be crushed do you not remember this being brought up daily w obama and biden (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799229) |
|
Date: April 6th, 2026 11:02 PM Author: oomox On the bort or in general? I wasn't on the bort for most of those periods and I wasn't paying attention to unemployment rate IRL. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799231) |
|
Date: April 6th, 2026 11:09 PM Author: Emotionally + Physically Abusive Ex-Husband (oppose bitchbois) This method was fake back then. But now it means that we have FULL EMPLOYMENT (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799251) |
|
Date: April 6th, 2026 11:21 PM Author: may his bones be crushed still fake and even faker with gig econ, we may as well throw ai agents in the mix and count them as employed humans (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799271) |
|
Date: April 6th, 2026 11:00 PM Author: ...,...,,.::..;,.,:,:,,..,::.,:,.,.:.:.,:. Those are called discouraged workers. They are counted in U-4 unemployment, just use that instead of U-3. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799225) |
|
Date: April 6th, 2026 11:00 PM Author: oomox Thank you, I didn't know that was also released. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799228) |
|
Date: April 6th, 2026 11:07 PM Author: fartman Everyone figured this out during ITE you dipshit. The only thing that has changed is that gig economy uber/doordash shitheads now count as employed (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799243) |
|
Date: April 6th, 2026 11:08 PM Author: oomox I was literally a child during ITE dipshit (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799249) |
|
Date: April 6th, 2026 11:46 PM Author: iranian teens Same that was like a quarter century ago lol (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799326) |
|
Date: April 7th, 2026 9:18 AM Author: fartman no one on this board is under 40. I refuse to believe it. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799741) |
|
Date: April 7th, 2026 9:29 AM Author: luiskandarnameh (🧐) Sir some of us are a yung&fresh 38 (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799768) |
|
Date: April 7th, 2026 7:57 AM Author: Massive Persian Annihilation (No Future) Cr (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799614) |
|
Date: April 7th, 2026 8:01 AM Author: lsd Wait till you find out how they calculate “inflation”, friend (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799621) |
|
Date: April 7th, 2026 9:29 AM Author: AZNgirl telling AZNmen Your Civilization Will Die not just ppl who stop looking but those who never looked cause they are copping VA/SS disability and other welfare, thats prob 20-25% of the pop now (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799766) |
|
Date: April 7th, 2026 9:40 AM Author: Nazca Redlines All of these stats are fake, flame, and fraudlies, but labor force participation is closer to a useful metric than unemployment. Labor force participation was consistently between 66 and 68% between 1988 and 2008. For the last 18 years, it's been on a steady march down (minus a big swing down then back up for covid lock downs). It's at 62% and continuing to fall today.
https://fred.stlouisfed.org/series/CIVPART |
|
Date: April 7th, 2026 9:42 AM Author: FAT FAGGOT ( ) Did you finish high school? how is this news to you (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2/#49799794) |