Once a month I thought I would place a question on my blog for discussion and debate.  So without further delay here is the question for the month of May, 2013.

If unemployment was actually calculated correctly to include both those receiving unemployment benefits and those who have dropped off the benfits rolls; what would the actual unemployment rate be in your estimation, and do you expect the economy to get better, worse or remain unchanged as 2013 progresses?  Looking forward to hearing what you think.

DD120

Advertisements
Comments
    • rmactsc says:

      I’m thinking if proper analytics were applied by the statisticians who produce these numbers that the media reports; the number might be more like 35%. Just my opinion however 🙂

      • Wild_E says:

        Here I thought 25% was a bit too high! Perhaps they will be slightly better in Canada, though not much better and going downhill fast as well.

      • rmactsc says:

        It’s like they say you can make statistics come out anyway you want depending on what you choose or do not choose to analyze. I suspect if the government and the media used statistics according to generally accepted analysis principles; the unemployment rate would be a staggering percentage.

  1. TamrahJo says:

    While I agree that unemployment statistics are high, I believe the more important question to ask is, how many are employed in positions providing needed goods and services? How many labor every day to provide those things we need and how many labor in positions supporting activities geared towards making money out of thin air – to create ‘wealth’ by inserting extra, unneeded steps between supplier and consumer – how many peoples’ livelihoods depend on our obsession to see charts and graphs to disprove what we, in our hearts, already know to be true….

    If we take these things into account, then our unemployment stats are sky high.

    • rmactsc says:

      That is an excellent way of looking at the situation. I had not thought about it in those terms before and it makes perfect sense. I commend you on an excellent analysis of the situation 🙂

      • TamrahJo says:

        Thank you – for writing about the hard topics and ones most wish to ignore.

        I find you and so many others who tackle the topics that I find hard to write about without compiling a page full of anger and cuss words… 🙂

        I applaud your willingness to examine these and create the space for the issues to be discussed.

      • rmactsc says:

        You’re welcome. Just doing my small part to share some information here and there 🙂

      • TamrahJo says:

        And if we all do our part, then there is nothing to worry about – tyranny and evil can only thrive under cover and within silence.

      • rmactsc says:

        Agreed. You should make your statement part of your blog page. If it’s original it’s very good. I like it 🙂

  2. I believe the actual unemployment rate is above 30%. As for the economy, we’re screwed. Stock up now because this life of luxury that we’ve been living is going to shatter like a house of glass in a major earthquake.

    • rmactsc says:

      I came up with about 35% doing some very rough analyis. It is worth the effort to prepare accordingly in the event things progress further in a manner not conducive to sustainablitlity.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s