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: Sable chest-beating knife ape 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: Magical kitchen (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799222) |
 |
Date: April 6th, 2026 10:59 PM Author: Exhilarant Chocolate Space Stock Car titcrru19 (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799223) |
|
Date: April 6th, 2026 11:00 PM Author: Sable chest-beating knife ape 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: Magical kitchen (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799229) |
|
Date: April 6th, 2026 11:02 PM Author: Sable chest-beating knife ape 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: alcoholic provocative sound barrier 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: Magical kitchen (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799271) |
|
Date: April 6th, 2026 11:00 PM Author: Galvanic lavender affirmative action 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: Sable chest-beating knife ape 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: flesh old irish cottage legal warrant Everyone figured this out during ITE you dipshit. The only thing that has changed is 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: Sable chest-beating knife ape 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: olive nursing home 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: flesh old irish cottage legal warrant 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: Concupiscible gay wizard mad-dog skullcap 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: aromatic fantasy-prone locus private investor Cr (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799614) |
|
Date: April 7th, 2026 8:01 AM Author: supple disgusting business firm 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: Glittery Fishy Dingle Berry 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: tan hideous selfie coffee pot 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: bronze brunch Did you finish high school? how is this news to you (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799794) |
|
Date: April 7th, 2026 10:39 AM Author: Cyan shaky office how do they rate it if you have a job on paper but *choose* to spend your working hours on a depressing web 1.0 law board instead (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49799934) |
|
Date: April 7th, 2026 10:56 AM Author: Exhilarant Chocolate Space Stock Car U6 is going to blow ur fucking mind (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49800003) |
|
Date: April 7th, 2026 11:03 AM Author: heady mediation my nephew lives in a condo complex and out of 12 neighbors, only 3 go to work each day. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49800024) |
|
Date: April 7th, 2026 11:16 AM Author: Titillating Geriatric Multi-billionaire Nowag Do you know any person of working age who lacks a job for more than a month for any reason other than being a stay-at-home parent, a trust funder, or a complete piece of shit whom you wouldn’t hire if they applied to work at a 7-11 or Chipotle, which they have not done? There are plenty of jobs. I can name 100 people who should be fired and won’t be, and the number would be higher if I talked to more people. At the same time if we could find competent people there are 1000 roles we could fill. Find a new problem to worry about such as how retarded and gay everyone and everything are. (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49800062) |
|
Date: June 1st, 2026 3:49 PM Author: Mo Bamba (EPAH) (http://www.autoadmit.com/thread.php?thread_id=5854380&forum_id=2).#49910193) |