Friday, November 02, 2012

On The Margin: Total Unemployment October 2012

Today’s Employment Situation report showed that in October “total unemployment” including all marginally attached workers declined slightly to 14.6% while the traditionally reported unemployment rate rose to 7.9%.

The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.

The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.

The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.

To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.

8 comments:

  1. It can be described more roughly by the number of rooms. A studio apartment has a single bedroom with no living room (possibly a separate kitchen).
    A one-bedroom apartment has a living or dining room istanbul property separate from the bedroom. Two bedroom, three bedroom, and larger units are common.
    (A bedroom is defined istanbul properties as a room with a closet for clothes storage.)

    ReplyDelete
  2. The size of an apartment or house can be described in square feet or meters. In the United States, this istanbul real estate includes the area of "living space",
    excluding the garage and other non-living spaces. The "square meters" figure of a house in Europe istanbul properties may report the total area of the walls enclosing the home,
    thus including any attached garage and non-living spaces, which makes it important to inquire what kind of surface definition has been used.

    ReplyDelete
  3. Great Post!

    ReplyDelete
  4. Thankyou for sharing wonderful blog views, its a really wonderful blog.Good ....
    Flats in Noida

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. The size istanbul real estate of an apartment or in square
    istanbul real estate feet or meters. In the United States
    istanbul real estate, this includes the area of "living space", excluding the
    garage and non-istanbul real estate-living spaces. The "square meters"
    figure istanbul real estate of a house in Europe may report the
    total area of the wallsattached garage and non-living spaces,istanbul real estate
    which istanbul real estate makes it
    definition has been used istanbul real estate.

    It istanbul real estate can be described more of
    rooms istanbul real estate. A studio apartment has a no
    (istanbul real estate possibly a
    separate kitchen istanbul real estate). A one-bedroom or
    dining room separate istanbul real estate from the bedroom. Two bedroom,
    three bedroom, istanbul real estate and larger units are common.
    (apartment for sale in istanbulA bedroom is defined as a
    room with a apartment for sale in istanbul closet for clothes
    storage.apartment for sale in istanbul)

    In recent years apartment for sale in istanbul, many
    recognized apartment for sale in istanbul that the
    real estate laws can be investment apartment for sale in istanbul
    in apartment for sale in istanbul many developing countries.
    In most apartment for sale in istanbul societies,
    rich apartment for sale in istanbul and poor,
    a apartment for sale in turkey significant
    the total apartment for sale in turkey wealth
    and buildings apartment for sale in turkey.

    ReplyDelete
  7. In most istanbul property advanced economies,
    used by small companies istanbul property to purchase
    and buildings istanbul property is mortgage
    (istanbul property or other instruments)
    istanbul property. These are loans property itself.
    Banks are willing to make such istanbul property loans at favorable
    in large part because istanbul property, if the borrower does
    not make payments istanbul property, the lender can foreclose by
    filing a istanbul propertycourt action which allows them to take
    back the property istanbul property and sell it to get their money
    back istanbul property. For investors, profitability
    by using istanbul property an off plan
    to purchase at a lower price which is istanbul property often the
    case istanbul property in the pre-construction phase of
    development istanbul property.

    The istanbul property legal arrangement for the right to occupy a dwelling in
    some housing tenure apartment for sale istanbul.
    Types apartment for sale istanbul of housing tenure
    include apartment for sale istanbul istanbul
    (apartment for sale istanbul individually
    in a single building apartment for sale istanbul),
    squatting, and cohousing apartment for sale istanbul.
    The occupants of aconstitute a apartment for sale istanbul household.
    Residences can be classified by apartment for sale istanbul, if,
    they are apartment for sale istanbul and
    land. Different types flat for sale in turkey of for
    the same physical type. For example, might flat for sale in turkey

    ReplyDelete
  8. The size istanbul properties of an apartment or house can be
    described in square feet or meters istanbul properties. In the United States,
    this istanbul properties includes the area of "living space",
    excluding the garage and other non-living spaces istanbul properties.
    The "square istanbul properties meters" figure of a house
    in Europe may report the total area of the walls enclosing the home istanbul properties,
    thus istanbul properties including any attached garage and non-living spaces,
    which istanbul properties makes it important to inquire what kind of
    surface definition has istanbul properties been used.

    Apartment istanbul properties - An individual unit in a multi-unit
    building istanbul properties. The boundaries of the apartment are
    generally defined by a perimeter of locked or lockable doors istanbul properties.
    Often seen in multi-istanbul properties-story apartment buildings.

    In istanbul properties most advanced economies, the main source
    of capital istanbul properties used by individuals and small
    companies to purchase and improve land and buildings is mortgage istanbul properties loans
    (istanbul propertiesor
    flat for sale in istanbulother instruments)
    flat for sale in istanbul. These are loans for which the real
    property itself constitutes collateral flat for sale in istanbul. Banks
    are flat for sale in istanbul willing to make such
    loans at favorable rates in large part because flat for sale in istanbul, if
    the borrower does not make payments flat for sale in istanbul, the
    lender can foreclose by court action which allows flat for sale in istanbul
    them to take back the property and flat for sale in istanbul sell it to get their
    money back.

    ReplyDelete