Thursday 13 October 2016

Finding Out How Many Americans Are Unemployed Is Hard To Pin Down

By George Collins


A lot of people want to know how many people are unemployed in the United States today. There are a number of reasons all of these people are not working when they certainly want to have a job. Some of hem have to do with the aging of the population, as some Politicians will tell you. This, however, is not the case in most situations. When asking the question about how many Americans are unemployed, you must be prepared to listen a lot of hype.

In point of fact, the best, non technical answer to the question is that there are way too few people not having a job. The rate that everyone looks at, the so called unemployment rate, is based on the number of people there are that are old enough to have a job and how many people there are who actually have one. That math is simple to do and it has been decided that a rate of four percent is called full employment.

The reported number, right now, is officially five point one. The big problem to this is that most recent White House administrations flub the numbers. Some a little, some a lot. It depends on what message they are trying to send. One way they fudge them is by over estimating the number of jobs created.

Another way that is used to fuss with these numbers is to over estimate, or flat out lie, about how jobs are being created at any point in time. The administration thinks they can make people believe the government creates jobs whenever they decree it. Government, through taxes, regulations and mandates only destroy private jobs and grow government ones.

The entire problem with the Federal government reporting these numbers, the numbers they create, is that they can pull them from just about anywhere. This is done to make themselves look good. It does not, however, really bear on anywhere near the truth. There are people who have simply stopped looking for work because there are no jobs available. These people are not counted as unemployed anymore, so they are not unemployed according to the politicians who boast it is because of them they are off the unemployment roles.

There are not an awful lot of jobs available, due to the economy, brought on by various decisions that have not worked out right. The federal government believes they know how to create jobs and have fallen victim to their own press releases. They mandate all of the increased taxes that, they say, will grow the economy but they only kill jobs.

There is a number of those who are unemployed and, depending on who you ask, you can find out that it is roughly 95 million people. Out of a population of about 330 million people in the United States, minus those that are not old enough for a job, you come up with about the five point one number they report. Again, it is a number that has been proven to be wildly inaccurate.

One of the things that has placed a lot of people on unsound financial footing is the redefinition of full time as being 32 hours per week as opposed to 40. This has caused many to further drain an already overloaded welfare and food stamp system. The inclusion of more legal and illegal immigrants into the working roles further makes it difficult for the unemployment number to go down much any time soon.




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