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Recursion

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60. OECD went as high as 8% in the 1980s

Reply to OrwellwasRight (Reply #59)

Sat Jun 25, 2016, 08:06 PM

Jun 2016

Last edited Sat Jun 25, 2016, 09:06 PM - Edit history (2)

I remember in the 1990s people saying we had to redefine "full employment" because the unemployment rate was dropping below the 8% that used to be considered "full employment"

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Jobless Claims Sink To Near 43 Year Low [View all] Stuart G Jun 2016 OP

This numbers are all manipulated!! Silver_Witch Jun 2016 #1

The "true picture" is large and complex bhikkhu Jun 2016 #3

Well, in California, there are TONS of available jobs where I am at. padfun Jun 2016 #5

Well let's see whatthehey Jun 2016 #6

Okay, you have the facts on your side jiminvegas Jun 2016 #13

That is funny...you use BLS to support your point of view. Silver_Witch Jun 2016 #38

I dont know where you live padfun Jun 2016 #41

Cost of Living - Thanks for reminding me. mahatmakanejeeves Jun 2016 #42

Where do you live where milk is $6 a gallon? TwilightZone Jun 2016 #49

$5.49 a gsallons at Safeway in San Diego Ca today Silver_Witch Jun 2016 #52

$4.50 is not $6.00 TwilightZone Jun 2016 #53

Wow that is your response??? Silver_Witch Jun 2016 #54

Your anecdotal evidence vs. real data TwilightZone Jun 2016 #55

You had me at "anecdotal" rock Jun 2016 #83

This is getting to the absurd GummyBearz Jun 2016 #2

I have to agree with the report padfun Jun 2016 #7

You have a california flag GummyBearz Jun 2016 #8

Those are the lowest jobs padfun Jun 2016 #14

At least you are adding in all the qualifiers now GummyBearz Jun 2016 #15

Yes, we all have to do that. padfun Jun 2016 #20

Thank you for the good wishes GummyBearz Jun 2016 #24

You do realize there are people who can't afford education - Right? Silver_Witch Jun 2016 #39

Neither could I padfun Jun 2016 #40

As for San Diego and SF padfun Jun 2016 #21

$45K is livable in Sac? Throd Jun 2016 #78

Just about any of the South Area, and North Highlands padfun Jun 2016 #79

If you're single and don't mind having your car broken into from time to time. Throd Jun 2016 #80

Doesn't that mean this is even BETTER news? Android3.14 Jun 2016 #9

My point was GummyBearz Jun 2016 #11

Oh, I see what the issue is. mahatmakanejeeves Jun 2016 #16

You're confusing initial claims with total unemployed Recursion Jun 2016 #26

Ok. Call it initial claims GummyBearz Jun 2016 #29

Because the economy today is much better than it was in the 1970s Recursion Jun 2016 #33

ROFL GummyBearz Jun 2016 #34

Feel free to post an actual metric by which things are worse than the past (and there are a couple) Recursion Jun 2016 #35

Excuse me? OrwellwasRight Jun 2016 #56

I'll bite: when was 2% unemployment considered full employment? Recursion Jun 2016 #58

That's not any thing I am familiar with until this century OrwellwasRight Jun 2016 #59

OECD went as high as 8% in the 1980s Recursion Jun 2016 #60

My recollection was that people were desperate in the 1980s OrwellwasRight Jun 2016 #61

At any rate, my original point stands that by historical measures 4.9% is "low" Recursion Jun 2016 #62

Good for you. OrwellwasRight Jun 2016 #63

Well, I'm certainly glad people are objectively better off than they were 20 years ago Recursion Jun 2016 #64

The thing is, they aren't. OrwellwasRight Jun 2016 #65

The thing is they are. Recursion Jun 2016 #66

again, actually not OrwellwasRight Jun 2016 #67

That agrees with me Recursion Jun 2016 #68

perhaps you don't understand the chart OrwellwasRight Jun 2016 #69

And I agree that happened, and I'm still right Recursion Jun 2016 #70

You are arguing that 2011 to present OrwellwasRight Jun 2016 #71

Not at all. We're talking about two different time frames Recursion Jun 2016 #72

Still no data? OrwellwasRight Jun 2016 #73

Happily. Here's from BLS, though it's just the lowest three white and African American quintiles Recursion Jun 2016 #74

Did I hear Republicans saying "Marxist Kenyan" for 8 years? Did tRump say something like that? Bernardo de La Paz Jun 2016 #4

I look around and see lots of people looking for work that isn't there. The numbers at the rhett o rick Jun 2016 #10

Funny, I look around and see Contractors desperate to find crews maxsolomon Jun 2016 #18

Really? You think the homeless you see on the streets can work contractor work? rhett o rick Jun 2016 #22

did i say that? no, i didn't. maxsolomon Jun 2016 #25

What city has $15 min wage????? rhett o rick Jun 2016 #32

seattle is phasing it in maxsolomon Jun 2016 #43

Seattle does not have a $15 / hour min wage. It's currently only $13 for major corporations and rhett o rick Jun 2016 #45

jesus, you win maxsolomon Jun 2016 #47

For the record I am not Jesus. If I was, I'd encourage the Democrats to support a higher rhett o rick Jun 2016 #51

$15 just put into the party platform maxsolomon Jun 2016 #75

So what are you saying? OrwellwasRight Jun 2016 #57

be my guest. i'm sure you'll find receptive ears. maxsolomon Jun 2016 #76

Disagree -- OrwellwasRight Jun 2016 #91

Seattle for one Motley13 Jun 2016 #87

Bullcrap. Seattle will PHASE IN $15 per hour over the next few years and only for the rhett o rick Jun 2016 #88

Day Ja View. You've said this before and I responded that the homeless nodding out rhett o rick Jun 2016 #84

Post removed Post removed Jun 2016 #92

I see lots of hiring signs liberal N proud Jun 2016 #77

And from your sample you deduce that the isn't an unemployment or underemployment problem rhett o rick Jun 2016 #85

Lots of jobs in the Seattle area MaggieD Jun 2016 #90

the hope of finding a good job has also sunk to a 43 year low...that's the bad news. ileus Jun 2016 #12

Cite please. NT mahatmakanejeeves Jun 2016 #17

tell it to the 25 year old tech kids making more than me maxsolomon Jun 2016 #19

Seems you are missing the point here. There are millions out of work that want work. rhett o rick Jun 2016 #23

I think YOU are missing the point maxsolomon Jun 2016 #27

His min wage he gave some federal employees was $10.10. How low can you go? rhett o rick Jun 2016 #31

One of the dumbest posts I've ever read on DU brentspeak Jun 2016 #37

can that statistic count discouraged workers, then? maxsolomon Jun 2016 #44

You have it backwards. What will lead us to Trump is a reluctance of Democrats to provide rhett o rick Jun 2016 #46

because he felt it was achievable? maxsolomon Jun 2016 #48

Achievable? What? He did it by executive order. rhett o rick Jun 2016 #50

My brother's IBEW hall is literally poaching people flipping burgers at McDonalds Recursion Jun 2016 #28

My city, Nashville, is booming. redstateblues Jun 2016 #82

Those numbers will be truly meaningful when poverty rates go down loyalsister Jun 2016 #30

Three cheers for McJobs, benefit-less temp positions, and part-time gigs brentspeak Jun 2016 #36

Which if you lose with a 12 month period or so in most states does not get you any unemployment JCMach1 Jun 2016 #81

Well if we tighten up the marijuana laws and lengthen the sentences we can kill two rhett o rick Jun 2016 #86

Thanks Obama!!!! Yo_Mama_Been_Loggin Jun 2016 #89

I think there are very few jobs left that actually provide unemployment benefits. Sunlei Jun 2016 #93