A political news post website for independent-minded conservatives and others who may be interested in the sane side of American politics. Remember, the American people love their liberty. It is in their DNA!

Saturday, September 19, 2009

UNEMPLOYMENT NEWS / CALIFORNIA AND NEVADA REACH RECORD UNEMPLOYMENT RATES





BACKGROUNDINFORMATION:The Bureau of Labor Statistics measures employment and unemployment (of those over 15 years of age) using two different labor force surveys[32] conducted by the United States Census Bureau (within the United States Department of Commerce) and/or the Bureau of Labor Statistics (within the United States Department of Labor) that gather employment statistics monthly.

The Current Population Survey (CPS), or "Household Survey", conducts a survey based on a sample of 60,000 households.

This Survey measures the unemployment rate based on the ILO definition.[33] The data are also used to calculate 5 alternate measures of unemployment as a percentage of the labor force based on different definitions noted as U1 through U6:[34]

U1: Percentage of labor force unemployed 15 weeks or longer.
U2: Percentage of labor force who lost jobs or completed temporary work.
U3: Official unemployment rate per ILO definition.
U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons.

UNEMPLOYMENT STATS THAT ARE ANNOUNCED BY GOVERNMENT ENTITIES COUNT ONLY THOSE WHO ARE STILL ON UNEMPLOYMENT BENEFITS AND THOSE WHO HAVE JUST FILED FOR UNEMPLOYMENT.

THE TOTAL "REAL" UNEMPLOYMENT STATS FOR CALIFORNIA 9/19/2009 ARE
MORE THAN LIKELY (ESTIMATE) AROUND 18 - 20 PERCENT AND PERHAPS MORE..

ARTICLE FROM BLOOMBERG NEWS

Sept. 18 (Bloomberg) -- Unemployment rose in 27 U.S. states in August, with California and Nevada reaching record levels of joblessness.

Rhode Island rounded out the list of states with the highest level of unemployment since data began in 1976, the Labor Department reported today in Washington. California’s unemployment rate reached 12.2 percent and Nevada’s climbed to 13.2 percent.

TO READ THE REMAINDER OF THIS ARTICLE, PLEASE CLICK ON THIS LINK:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXkFNFPR0gsY
MORE INFORMATION ABOUT CALIFORNIA UNEMPLOYMENT - READ THIS!
California lost 12,300 jobs last month: Ask your Congressmen to Suspend Immigration!
This new fax has been posted in your Action Buffet based on your answers to the Interest Survey.
You can find this fax by proceeding tohttp://www.numbersusa.com/faxes?ID=11650
A recently released report by the Labor Department's Bureau of Labor Statistics shows that 42 states lost jobs last month with California alone losing 12,300 jobs! With 15 million Americans out of work and most states continuing to lose jobs on a monthly basis, it is completely absurd that the United States hands out about 100,000 green cards each month!
Please fax your three Members of Congress and urge them to introduce legislation that would suspend most forms of immigration - at least until California's unemployment drops below 5%.
Click here to read more about these sad statistics.