US unemployment rate: 7.1% Vanezula unemploutment rate: 6.5%

Here is more info on that...Some say it is at 16%

http://news.yahoo.com/s/afp/20090826...20090826182534

There's work out there people! and $ to be made!
Get some real skills, use your brain and don't be lazy for Goodness sake..

Don't forget to add average US and Venezuela's paycheck amount.

wtf does this have to do with the thread?

What about salary value ?

Vanezula unemploutment rate?

Is Vanezula a real country?

Can a person really be unemplouted?

what Rangermoore said. and the fed.

you guys are missing the point, look at the drastic changes.

im not to sure how you can determine salary value because Venezuela has alot more social programs compared to the USA. so how do you compare salary value if you are getting services for free?

i love the USA i hope it shifts back around.

fucking comedians.

waht if i slitll tpye lkie this can yuo sitll tlle whta im syain? to think some of you spent 4 years in college just to come out and correct spelling on GFY. LOLZ

THOUGH SO

Sorry, I couldn't help myself

my typing and spelling have been off lately, i been pulling all nighters non stop lately so please cut me some slack just been working hard.

The unemployment rate is much higher then 7.1%

__________________________________________________ __________

Written by Jeff Nielson Sunday, 30 August 2009 14:18

There are/were 2.5 million lay-offs in the U.S. in August, the total of the weekly lay-offs for this month. With another fraudulent jobs report due out next Friday, the U.S. propaganda-machine is already brainwashing the markets and the American people to put their faith in a number with no basis in reality.

If we take the 2.5 million lay-offs, and subtract the “estimated” net job-losses for August – 235,000 jobs – this means the “experts” cited by Bloomberg (in its weekly propaganda report) are predicting that the U.S. economy created 2.265 million jobs in August.

At a time when these same “experts” state that the U.S. economy is in its worst crisis “since the Great Depression”, they expect us to believe that the U.S. economy is creating more new jobs every month than at any other time this decade.

The numbers were virtually the same for July: 2.5 million lay-offs, supposedly only 250,000 jobs lost – directly implying the creation of well over 2 million jobs in July. The lies were only slightly smaller in May and June.

Historically, when weekly lay-offs exceed 300,000 per week (for a total of roughly 1.3 million for a month), the U.S. economy begins to shed jobs on a net basis. This basic arithmetic means that each time the U.S. economy heads into a downturn, it is unable to produce more than 1.2 million new positions per month.

Given these historical ratios between lay-offs and job-losses, how can anyone possibly believe that with the U.S. experiencing its worst economic collapse in at least 70 years that the U.S. economy is (supposedly) creating twice as many jobs as during a normal downturn??

Bear in mind that the same “experts” who are trying to get us to believe their obviously fraudulent numbers have already told Americans to expect a “job-less recovery”. In other words, we are supposed to believe that during this collapse the U.S. economy is creating twice as many jobs as during a normal downturn, but once the “recovery” starts, the economy will then produce far fewer jobs.

This is obviously utter nonsense.

As regular readers know, I have written (ad nauseum) on this issue previously (see “U.S. economy to lose 20 MILLION jobs this year”). However, for newer readers, I will provide some more realistic numbers to work with.

To begin with, we know that roughly 18 months ago the U.S. economy was producing only about 1.2 million new positions per month. This is the total number of implied new jobs created when we subtract net, monthly job losses from total lay-offs.

Since that point in time, the U.S. economy has obviously gotten much, much weaker. The unprecedented drop in state and federal government tax revenues do not lie. Much lower tax revenues mean many fewer employed people paying taxes.

Thus, we can deduce through basic logic that the U.S. economy is producing far less than 1.2 million new positions per month. My own best “guesstimate” is that the U.S. economy is producing (at the most) 750,000 new positions per month. When we subtract 750,000 new positions from 2.5 million lay-offs for the month, we are left with a net job-loss of 1.75 million jobs for the month of August (and virtually identical numbers for July).

This is why I continue to state that the monthly job reports produced by the U.S. Bureau of Labor Statistics are not simply very poor “estimates”, made in good faith – but, rather, a deliberately falsified reports, where there is no possibility of rationalizing their numbers with the real world.

When the actual job losses are approximately 600% more than the official estimate (and this same error is repeated month after month after month), what we are obviously witnessing is nothing more than a crude attempt at brainwashing.

Early this year I predicted the U.S. economy would lose 20 million jobs this year, and with the year now 2/3 gone, I see absolutely no reason to adjust that estimate at all.

For those who wish to separate fact from fiction, I suggest completely ignoring the Bureau of Labor Statistics, and focusing entirely on the weekly lay-offs number. As long as these lay-offs continue to total more than 2 million per month, it is a mathematical certainty that the U.S. economy is losing at least 1 million jobs per month – and likely far more than that.

In the improbable event that we do actually see some sort of “economic recovery”, then the weekly lay-offs would have to fall to little more than half their current total. Unless/until that happens, the U.S. labor market will continue to shed jobs at this Great Depression-like rate.

neither government will report the real numbers but ask people who actually live there how many people are living basically off the land and have nothing to do with the rest of the country.

http://www.dkosopedia.com/wiki/Econo..._George_W_Bush


It started to change though in 2007 after the 2006 election.. what happened during that election? Hmm who took over the majority in the house and senate?

lol ok that was funny

Nice read..

Venezuela is about 900 a month from what I heard. Not bad for L. America. oh and gas is .25 c a galon.

and that had nothing to do with who was running the country, federal reserve and so on.. Blame all on liberals.

7 years of good economy even after the worst attack in U.S. history, shutting down of all travel for what over a week? People stopping spending in fear of us being attacked again. 2 wars, several huge natural disasters, etc etc etc. Yet the unemployment levels averaged lower than Clinton that had the internet boom to feed the economy. Just saying...

horseshit.
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet

Clinton took over right after another republicun numb nut.
Unemployment Rate was at 7+ %. It had steady decline eer since.
You were saying what ????

Ok see unemployment in 1990 ?

BEGAN: August 2, 1990 -Iraqi invasion of Kuwait
ENDED: March 3, 1991- Iraq accepts cease-fire

Do I need to connect the dots?


http://en.wikipedia.org/wiki/History...World_Wide_Web

Now look at when the economy started to bounce back..

If you actually look at the Unemployment rates and relate them to what was going on in the world things become more obvious.

Results are probably skewed based on the fact that 1 in every 2,000 people in Venezuela are killed/murdered, probably keeps the unemployment rate down.

Did you know that the venezuelan government includes street vendors in the unemployment figures? These people have no social security or any benefits.

You cannot take any figures coming from this government seriously.

Also, the INE (national institute of statistics in Venezuela) , considers a person is employed if they work at least an hour a week.
I tried finding this on the INE website but I couldn't (a farce this big cannot be made public right?). But I got the fact sometime ago from the most pro-chavez site on the net (aporrea, I can send you the link to the thread)

We also have one of the highest inflation rates (31%) and one of the highest homicide rates in the world.

But hey, if you think that thanks to some (fake) figures from a very very corrupt government, Venezuela under Chavez is great, I invite you to come over and spend a month. Try not to get killed.

Don't get me wrong, I love my country. We have incredible beaches, gorgeous women (two miss universe crowns in a row), excellent climate,oil riches ,etc. But Chavez is quickly driving the country in to the ground. And theres no end in sight because he is going to try to stay in power by any means necessary.

sometimes u have 2 make up a job if u cant find one

Jeee, just like that.
And whats that had to do with Clinton? Oh wait, nothing.
Let me find other wars and blame it on them.

Hey, what happened in Oct, Nov, Dec '91. Which war to blame? The 7 day war ?

Seriously? I would have guessed $500+-.

Actually minimum wage is around $746 (Bs.F 1606), but that includes cestatickets (which are like coupons which have a fixed value in Bs. that people can use to buy food)

Every year Chavez announces around a 20% raise in minimum wage and then he gloats that venezuelans have the highest minimum wage in latin america. But what he doesnt say is that the inflation is at 30%.

Populism at its best.(or worst)

You can pick up a news paper in almost every state and find HUNDREDS of jobs.. Most are just not the ones that the people WANT.. I mean, why would they actually want to WORK for a living.