What do you personally estimate the U.S unemployment to be?

RumChicken
RumChicken

What do you personally estimate the U.S unemployment to be?

The BLS says it's 4.7%, but I think it's closer to 15%.

All urls found in this thread:

data.worldbank.org/indicator/SL.TLF.CACT.ZS

PurpleCharger
PurpleCharger

So that's just how you feel? Based on anecdotal accounts?

Sir_Gallonhead
Sir_Gallonhead

Closer to 20% when you consider adults who have just quit looking for work. Correlates with rise in higher suicide rates among middle class white men over 40.

Thanks, China.

Gigastrength
Gigastrength

It's probably 30%

It'll be around 30% when Trump gets into office. That's the true data. Worse than shadow statistics.

BlogWobbles
BlogWobbles

12.5% for those with the ability to take a job tomorrow if offered <--- real number

~30% if you count the spergs and neets not doing anything but haven't even started either.

Best case scenario is still fucking horrible

LuckyDusty
LuckyDusty

Unemployment may be down, but the figures are not including "underemployment".

I bet real unemployment is about 7% and underemployment is probably close to 20%.

VisualMaster
VisualMaster

20%

30% Easy

50% maybe

Honestly, we are fucked.

Supergrass
Supergrass

Just finished high school and I've been looking for a job since January. Still nothing. I'm happy I wasn't accepted to university or else I would be fucked after finishing. The debt would just pile up and the bank would fuck me in the ass for the next 5 - 10 years.

girlDog
girlDog

Military, Trade School, or University as a last resort.

A high school diploma won't get you by anymore.

eGremlin
eGremlin

data.worldbank.org/indicator/SL.TLF.CACT.ZS

If this data is correct, labour participation rate in the US is 62%, which means that 38% of people of working age are neither employed nor looking for a job.

Judging from the comments in this thread, Veeky Forumsraelites are giving quite good estimates. I'm legitimately surprised.

Illusionz
Illusionz

Go military, coast guard or something that won't require you to be in a battlezone. Put in 3 years, get that GI Bill money, get a degree, then either re-enlist or enter the private sector. F500 companies are balls deep in that subsidy money for employing veterans. Get you some of that, unless you actually have a long-term plan in place that doesn't involve working for someone else.

Whatever you do, avoid debt like the plague, ESPECIALLY debt that you can't claim hardship to write off. Student debt is a long-term slog just to get back to zero; avoid it if at all possible.

Fried_Sushi
Fried_Sushi

love that webm. fucking hilarious

SniperWish
SniperWish

Yeah I think underemployment is the bigger issue at hand.

There aren't enough high skill jobs to go around and too many people are pushed into University/college.

BlogWobbles
BlogWobbles

unemployment under 5% is highly inflationary so probably a lie. 10% at least.

King_Martha
King_Martha

4.7% because only losers don't work. They find reasons not to work.

TechHater
TechHater

Is that data counting people older than 65 or retirement age? It just says 15+ years old.

5mileys
5mileys

Agreed.

All those degrees and not even half of them are needed.

Methnerd
Methnerd

No.

Only 15-65

"Working age"

CodeBuns
CodeBuns

Honestly? I see even the government trying to beat more work out of fewer people. When I have time off during work hours, traffic is ridiculous. The rare times that I can go shopping anymore, it's always crowded. I don't know what's going on. I work and I'm broke as shit. Where are these people getting the money to do anything?

New_Cliche
New_Cliche

Credit cards

Ignoramus
Ignoramus

They don't have the money to be shopping but they are anyways, welcome to the debt life where you will feel left out unless you join the crowd and max out your credit card lel

Sir_Gallonhead
Sir_Gallonhead

This has always confused me because my credit limits stopped dead at about 1/3 of my income. Yet I'd read on fatwallet or creditboards about mooks making barely above minimum wage having 6 figure credit lines. It's like bizarro reality.

Bidwell
Bidwell

Once interest rates go back to normal all the debt cucks are FUCKED

massdebater
massdebater

multiple credit cards + payday loans +financed car

Techpill
Techpill

Where are these people getting the money to do anything?
Credit cards, payday loans.

Evilember
Evilember

I see a lot of kids now buying a brand new truck(financed) then putting a lift kit on it(financed) and then getting big mud tires and nice rims(financed). All while I'm sitting here >wtf?
How do they get the money for this?
oooh its all financed

SniperGod
SniperGod

NEETs are 17.5% of the US population. Even if it were the working population, 253M (according to that BLS page), you're saying that there are 44M people collecting NEET bucks.

The shitposting has gotten to you.

TalkBomber
TalkBomber

The BLS says it's 4.7%, but I think it's closer to 15%.
True, although the real number is at least 30%

RavySnake
RavySnake

Lol nocollege wageslave
Be sure to have lots of kids kthx

BinaryMan
BinaryMan

ITT high school educated NEETs don't understand or trust statistics and facts. Well maybe you didn't send enough money to Jesus fucking plebs. the economy isn't that bad you're brainwashed by either the GOP that wants more military or DNC that wants insane socialism. have a nice weekend I will I'm taking my boat out kek

CodeBuns
CodeBuns

Thanks dad.

BunnyJinx
BunnyJinx

you don't know shit

Fuzzy_Logic
Fuzzy_Logic

Here's a newspaper article I recently saw

Disable AdBlock to view this page

Disable AdBlock to view this page

Confirm your age

This website may contain content of an adult nature. If you are under the age of 18, if such content offends you or if it is illegal to view such content in your community, please EXIT.

Enter Exit

About Privacy

We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners.

Accept Exit