Search This Blog

Monday, March 9, 2015

Multiverses and a quantum of doctored statistics

"Admittedly, Many citizens have left the “labor force” 
— i.e., when polled they say they don’t have a job 
and don’t want one — which means they’re not 
counted even in the  current rates".

Resultado de imagen de labour force

Check it at:

SECTION A.1. (13/01/2014) A view from William Chislett 

The Times ex-Corrrespondent

Question. Is Spain out of the crisis?Answer. Well, it’s technically out of the recession as we had growth of 0.1 percent in quarter three [of 2013]. My slogan would be that Spain has won the battle but not the war; it staved off being bailed out fully [but] it hasn’t won the war because this country has got a pretty grim future ahead of it. 
Q. For you, what would represent the real end of the crisis?A. The end of the crisis for me would be to get the unemployment rate below 10 percent, something that is not going to happen in the foreseeable future. The number one problem is job creation; where are the jobs going to come from? The construction sector and public administrations are a joke. How many more jobs can tourism soak up? Knowledge-based economy; another joke, particularly in a country where education is up the creek.


ELPAIS. Unemployment: the  (realistic) numbers in our Kingdom?

(3/03/2015) Unemployment also registered its greatest February drop in the last 14 years, with a decline of 13,538 jobless claims for a total tally of 4,512,153. 

(14/07/2015)  The Andalusia region and, within that, Cádiz province have the highest unemployment rates in Spain.
Cádiz city: 37.16 percent - province: 42.50 percent
Andalusia 34.74 percent - Spain: 24.47
Cádiz also has one of the highest youth unemployment rates in Spain at 69.2 percent, compared with a national average of 53.12 percent.
An Organisation for Economic Co-operation and Development (OECD) report published in September puts the developed world average for youths who are neither in employment nor in education at 15 percent.
Spain fares poorly in the report: 31 percent of Spaniards without a high school diploma are out of work,  while 20 percent of those who did graduate from high school are also unemployed, compared with an OECD average of 16 percent. At the same time 23 percent of university graduates are jobless, compared with a developed world average of 13 percent.
Even with an education, Flores would have little chance of finding work in Cádiz, which has the highest unemployment rate in Spain: 42.4 percent, compared with a national average of 24.4 percent. Joblessness among the under-25s there is 69.2 percent.

SECTION B.1. Alternate Unemployment Charts in the USA

Resultado de imagen de unemployment


Alternate Unemployment Charts in the USA

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. 
That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Unemployment Data Series 
Last Updated: March 6th, 2015

The ShadowStats Alternate Unemployment Rate for January 2015 is 23.2%.

No comments: