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In reply to the discussion: 40 percent of unemployed have quit looking for jobs [View all]mahatmakanejeeves
(57,276 posts)67. "We do not have a way to measure how many people stop looking,..."
People who stop looking are called "discouraged workers." I'm pretty sure I provide a link to that information every month. For example, from two weeks ago:
Payroll employment rises by 223,000 in April; jobless rate essentially unchanged (5.4%)
Please scroll down.
[center]The Large Print Giveth, and the Fine Print Taketh Away.[/center]
A DU'er pointed out several months ago that, if I'm going to post the link to the press release, I should include the link to all the tables that provide additional ways of examining the data. Specifically, I should post a link to Table A-15. Alternative measures of labor underutilization. Table A-15 includes those who are not considered unemployed, on the grounds that they have become discouraged about the prospects of finding a job and have given up looking. Here are those links.
Table A-15. Alternative measures of labor underutilization
A DU'er pointed out several months ago that, if I'm going to post the link to the press release, I should include the link to all the tables that provide additional ways of examining the data. Specifically, I should post a link to Table A-15. Alternative measures of labor underutilization. Table A-15 includes those who are not considered unemployed, on the grounds that they have become discouraged about the prospects of finding a job and have given up looking. Here are those links.
Table A-15. Alternative measures of labor underutilization
Several subsets of workers or ex-workers are listed in Table A-15:
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data.
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data.
Best wishes.
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Some have probably ended up homeless which means they have little to no bills others
cstanleytech
May 2015
#2
the repukes are just too busy collecting their campaign donations from the Koch-heads
wordpix
May 2015
#86
Nonsense, the Republicans want everyone to work......for poverty level wages though.
cstanleytech
May 2015
#93
Some are homeless, some do odd jobs, some may be married and has a spouse that works
rpannier
May 2015
#6
Sometimes people make the rational decision that the job just doesn't exist anymore.
LeftyMom
May 2015
#8
If you exhaust your benefits you "Quit Looking" on the official record. It has nothing to do with
Vincardog
May 2015
#76
In my case, I had skills that weren't necessarily needed in the rural area we live in.
Brickbat
May 2015
#109
Good point. I read somewhere that something like 2 million planned on retiring early because they
Hoyt
May 2015
#5
Republicans look at that chart and claim Obama is encouraging welfare....
Spitfire of ATJ
May 2015
#11
Some of those over 50 types are having to take lower pay that the younger set too....
Spitfire of ATJ
May 2015
#61
The chart is misleading anyway. 62% to 68% makes 1 or 2% look like a huge difference.
Spitfire of ATJ
May 2015
#75
The Republican solution is to get everyone off the government teat and give tax cuts to the rich.
Spitfire of ATJ
May 2015
#111
Most looking at that graph dont notice that it started dropping around year 2000.
DCBob
May 2015
#68
Exactly. Involuntary premature retirement and underemployment is rampant among >50 year olds.
leveymg
May 2015
#20
The state of Michigan is hiring for the DMV aka Secretary of State. Starting pay, 11.00 an hour
notadmblnd
May 2015
#30
Back when the prediction was done the assumption was there would be pensions
Fumesucker
May 2015
#28
I don't get it. 142,415,000 is half the USA population. Of the other half, there are children, the
freshwest
May 2015
#101
And Hong Kong's labor force participation rate is 61%, meaning a greater % of Americans have jobs
Recursion
May 2015
#89
Well, I constantly read that NO ONE over age 60, or 55, or 50 ever gets hired.
SheilaT
May 2015
#100