That's a livable wage in some places in the country. It can also be an acceptable wage for someone still living with their parents. I'm just curious to see if the decrease in unemployment has improved the quality of life for the black community. I am thinking not.
Black unemployment hits record low in U.S. (AND I DON'T THINK TRUMP CAUSED IT!!!)
- Thread starter Scoop
- Start date
That's a livable wage in some places in the country. It can also be an acceptable wage for someone still living with their parents. I'm just curious to see if the decrease in unemployment has improved the quality of life for the black community. I am thinking not.
That can't be right.
ADevilYouKhow
Rhyme Reason
Come on, Bro...
Take It In Blood
Banned
- -38 percent of all American workers made less than $20,000 last year.
- -51 percent of all American workers made less than $30,000 last year.
- -62 percent of all American workers made less than $40,000 last year.
- -71 percent of all American workers made less than $50,000 last year.
muricans ain't eating is the point
Majority of these poor individuals are conservatives too I bet
more accurate but it may as well be 90.......
- -38 percent of all American workers made less than $20,000 last year.
- -51 percent of all American workers made less than $30,000 last year.
- -62 percent of all American workers made less than $40,000 last year.
- -71 percent of all American workers made less than $50,000 last year.
muricans ain't eating is the point
Majority of these poor individuals are conservatives too I bet
Is that before or after taxes and other deductions??
I'm not a bro.
since these trumpset cac00ns can't read a graph, here is the one posted by the topic starter.
what in that tells you this is trump's doing?
what in that tells you this is trump's doing?
ADevilYouKhow
Rhyme Reason
Ms, for instance say your rent is 600 a month in some cheap place well you’re out 7200 off that, utilities are another k or 2...
You’re left with 20k leftover. That’s pretty rough to me.
since these trumpset cac00ns can't read a graph, here is the one posted by the topic starter.
what in that tells you this is trump's doing?
I'm curious on how they will twist the inevitable recession
Well ok, here's a question for you and anyone else.
Would you rather have:
1. Black unemployment at 6 and white unemployment at 3
OR
2. Both black and white unemployment at 10
To me, it's easy. You go with the answer that leaves less black people struggling with unemployment.
No I'm not, where did I say that?
88m3
Fast Money & Foreign Objects
kek
AlainLocke
Banned
That U-3 unemployment rate aka the official unemployment doesn't count the amount of people that dropped out of the work force or are discouraged or have seasonal jobs or part-time jobs...
It's severely flawed and misleading.
The U-6 unemployment rating is a more accurate view of workforce participation and include those things that are left out in the U03 unemployment rate
Currently the U-6 unemployment rating is 8. The U-6 unemployment rate has been between 9 and 8. That's almost double the U-3 rate and that's just the way it always been. And the Black unemployment rate is almost always double of Whites...so...
This is the source of the current unemployment rate
Current U-6 Unemployment Rate
Explains all the different unemployent ratings
Table A-15. Alternative measures of labor underutilization
Graphs
U6 Unemployment Rate
So yeah...the "official unemployment rate" the government and media releases every year is BS...even economists say it's BS...use the U-6 rating
We got dotcom bust levels of unemployment right now...and employment always seems to maximize during the holiday season...
Prepare yourself for the decline....
It's severely flawed and misleading.
The U-6 unemployment rating is a more accurate view of workforce participation and include those things that are left out in the U03 unemployment rate
Currently the U-6 unemployment rating is 8. The U-6 unemployment rate has been between 9 and 8. That's almost double the U-3 rate and that's just the way it always been. And the Black unemployment rate is almost always double of Whites...so...
This is the source of the current unemployment rate
Current U-6 Unemployment Rate
Explains all the different unemployent ratings
Table A-15. Alternative measures of labor underutilization
Graphs
U6 Unemployment Rate
So yeah...the "official unemployment rate" the government and media releases every year is BS...even economists say it's BS...use the U-6 rating
We got dotcom bust levels of unemployment right now...and employment always seems to maximize during the holiday season...
Prepare yourself for the decline....
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Broke Wave
The GOAT
Correlation =\= causation.
Trump inherited the shrewd economic stewardship of the Obama administration. Just like Obama wasn’t responsible for the economy he inherited from Bush. It’s a deathly obvious and simple concept.
Trump inherited the shrewd economic stewardship of the Obama administration. Just like Obama wasn’t responsible for the economy he inherited from Bush. It’s a deathly obvious and simple concept.
Secure Da Bag
Veteran
And again, I ask, what can we do keep those numbers low? Because there will be a recession and I would like us to shield ourselves from that as much as possible.