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Reply #12: 40% is a little high. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
KillCapitalism Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-08-08 01:52 PM
Response to Reply #10
12. 40% is a little high.
It's not anywhere near that now, but when the next Great Depression comes it will be.

The highest REAL not fudged numbers unemployment rate you will find right now anywhere in the country will be about 20% at most. You will only find this in the most economically depressed cities in the country such as Detroit, Flint, Gary, Cleveland, St. Louis, etc.
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  -285 K jobs lost in May unlawflcombatnt  Jun-07-08 02:50 AM   #0 
  - Over a QUARTER OF A MILLION jobs in ONE MONTH!  gateley   Jun-07-08 03:07 AM   #1 
  - You should be  unlawflcombatnt   Jun-07-08 06:06 PM   #6 
  - Effect of Employment Report on Markets  unlawflcombatnt   Jun-07-08 03:22 AM   #2 
  - Make that  laylah   Jun-07-08 06:30 AM   #3 
  - Welcome To Stagflation...  KharmaTrain   Jun-07-08 06:52 AM   #4 
  - The huge bubbles created by Greenspan's accommodation of junior's  indepat   Jun-07-08 07:01 AM   #5 
  - Bailing out Rich Financiers  unlawflcombatnt   Jun-07-08 08:21 PM   #7 
     - 'cause then, some will trickle down to the little people  indepat   Jun-08-08 10:28 AM   #8 
  - How did I miss this yesterday? Kicking anyway. n/t  lumberjack_jeff   Jun-08-08 10:40 AM   #9 
  - 87 million Americans of working age are unemployed  leftofthedial   Jun-08-08 10:45 AM   #10 
  - no, not all working Americans are in the labor force  The Inquisitive   Jun-08-08 12:50 PM   #11 
  - I'm not talking about the technical definition.  leftofthedial   Jun-08-08 02:21 PM   #16 
  - 40% is a little high.  KillCapitalism   Jun-08-08 01:52 PM   #12 
  - Living in Michigan, I think most of the State runs at close to 40percent  sarcasmo   Jun-08-08 02:08 PM   #14 
  - 300 million people in the US. 100 million (plus) are kids and old folks and infirm.  leftofthedial   Jun-08-08 02:24 PM   #17 
  - That's not how unemployment has EVER been measured.  Zynx   Jun-08-08 02:11 PM   #15 
  - EVER?  leftofthedial   Jun-08-08 02:26 PM   #18 
     - Um, no. Never.  Zynx   Jun-08-08 02:45 PM   #19 
        - number of workers without jobs divided by total number of workers in the population?  leftofthedial   Jun-08-08 06:37 PM   #20 
        - From Wiki  leftofthedial   Jun-08-08 11:27 PM   #21 
  - In 2000 the employment to population ratio was 73%. Today it is 71%.  lumberjack_jeff   Jun-08-08 11:33 PM   #22 
  - Didn't Bush say it was because of all the high school graduates, LMFAO.  sarcasmo   Jun-08-08 02:06 PM   #13 
 

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