In the 30's, did they count people not actively searching for jobs as unemployed?
It seems the unemployment rate is closer to 17% than the 10% that's constantly reported, because several Americans have given up hope in finding a job, so they're not counted towards the unemployment rate. So are we actually closer to the 25% during the Great Depression? Why is there always "fuzzy math" that has to be deciphered when reading these reports? Unemployed = no job, isn't that simple? http://www.businessweek.com/news/2010-01-09/shrinking-u-s-labor-force-keeps-unemployment-rate-from-rising.html
Asked By: Johnny on the Spot - 1/12/2010
Best Answer - Chosen by Asker
Prior to the Social Security Act of 1935 which was basically a two part program (a retirement program, and a separate Federal/State Unemployment program) the unemployment numbers were tabulated from data gathered from businesses by State and Federal agencies. The number were low because of they did not include the... More
Answered By: Bobby - 1/12/2010
Additional Answers (11)
I'm pretty sure that the government measures by the same standards now as they did then. Saying that unemployment is only at 10% makes people feel a bit safer than us being near a Depression.
Answered By: One Cool Marxist - 1/12/2010
NO. they NEVER calculated that... so in fact Great Depression unemployment was HIGHER THAN 25%!!!!! Did we care about the "real" unemployment numbers in 1983 when it was over 10%??? Or does that only count now because conservatives want to make a bigger deal than when Reagan was president?
Answered By: Bobby7 - 1/12/2010
yes they still don't do it now either, which is why our unemployment rate is somewhat misleading.
Answered By: matt83840 - 1/12/2010
There were not the same counting techniques, in fact there were few for labor OR economics. The rate that is put out is the U3 rate, which are people "in the system." The U6 rate that you mention include ALL those who say they would like a job but don't have one, or are VERY underemployed. It's been that way for a... More
Answered By: Anna P - 1/12/2010
There is no real way to count it other than who is receiving unemployment. So, if you lose your benefits (if if you were like me and owned your own business, and therefor ineligible for benefits) they don't consider you "unemployed"...
Answered By: as.erwin - 1/12/2010
no i think they are calculated the same as always, or near enough, or the unemployment in the 30's would of been through the roof, don't forget that less women worked back then
Answered By: Chibi - thulhu - 1/12/2010
As long as I can remember only new claims are included in unemployment figures.*
Answered By: firewomen - 1/12/2010
A man could not get a job back than and today it is getting to that point, the problem is that Big Business is still making money by getting products made over seas.
Answered By: Coop 366 - 1/12/2010
Today they do not count accurately since they skew the numbers through illegal programs as implemented by State governments. They use flawed stat qualifications for the problem.
Answered By: towwwdothello - 1/12/2010
The government has always played with the figures. One reason Bush would never extend underemployment benefits under his regime is that it would have forced him to admit more people were unemployed... More
Answered By: Bopped - 1/12/2010
To compare the US in the 1930's to the US of today is apples and oranges... More
Answered By: LasVegasPasses.com - 1/12/2010
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Legitimate Survey for Cash.Extra Money for You,Join Here!
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
Click. Search. Apply. Free!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.