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True Rate of Unemployment

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Re: True Rate of Unemployment

#171

Post by adverbly »

Gareth321 wrote: post #122
xbmcuser wrote: post #17

Earlier quoted context omitted.

For me the true problem which most countries dont even acknowledge is low wealth and capital gains tax. Salaries are not enough because of land prices and the prices inflation it causes through out the economy. You bring down price of home land rent then price of everything else comes down. And their is a lot more economic activity as trillions of dollars are not parked in real estate for wealth generation.

Economists have been championing Georgism for more than a century and we still refuse to consider it. I would argue that unreasonably expensive land prices are the most serious economic and social issue in the West today. It's a systemic problem, from which so many other issues are caused: homelessness, poverty, suppressed economic activity, inflation, class stratification, "failure to launch," fertility rates, inequ…

[dead]

Re: True Rate of Unemployment

#172

Post by ang_cire »

fakedang wrote: post #161
jaredklewis wrote: post #81

Earlier quoted context omitted.

Why do you think a wealth tax would reduce stock buybacks? I don't see the relation.

Currently equity appreciation is desirable for HNWIs because wealth isn't taxed, only income realized is. The more their wealth appreciates, the more viable it becomes as collateral they can borrow against, raising their borrowing capacity. CEOs, the board and the major shareholders fall under this group too. Stock buybacks artificially inflate equity value - cash rich companies buyback their stock just to deploy tha…

Hacker News Wannabe Investors?

Re: True Rate of Unemployment

#173

Post by throwaway50111 »

teiferer wrote: post #86
floro wrote: post #44

Everyone knows the stats are false but I don't know an alternative. I've been unemployed after graduating for a year and because I didn't use unemployment benefits I didn't show up in the statistics in switzerland. I know many cases like mine.

Then maybe it's time you look up how unemployment statistics are calculated in Switzerland and you will be surprised that you counted into them. It's unclear to me how folks with a university education can make such simplistic statements.

I do not think so. Ok, from the polls. But in the polls, it seem, I've quickly googled, if you've worked 1 h/week, they will not count you as unemployed. It is a different statistics. The registration in labor office, it is official employement, paid not less than min. wage, you can afford healthcare, etc. While the second poll does not care if you can afford healthcare or not.

Re: True Rate of Unemployment

#174

Post by Madmallard »

NamlchakKhandro wrote: post #165
yanjunnf wrote: post #158

I am a software engineer and lost my job a week ago.

but are you a good software engineer?

Probably is. Unless you're the top 20% you're probably on the chopping block via RNG and sometimes just whole departments are getting sacked for 'automations'.

Re: True Rate of Unemployment

#175

Post by BrunoBernardino »

afpx wrote: post #104

Tangential question: how do you actually find and hire people? I have a decent amount of disposable income [1], and I often want to pay people to help with things I’m not particularly skilled at. The problem is that I have no idea how to reliably find the right person or even how to structure the arrangement once I do. I have lots of examples, but here’s a recent one. A device failed, and replacing it would have cost…

I think people have mentioned this, but I haven't seen an answer: why not ask friends and neighbours? That's what I do, and I've had success with it (though I'm more frequently the person that neighbours and friends ask for professional contacts). When no one knows of anyone, you search and call people and evaluate/assess. It's not _easy_, but it doesn't seem like such a big problem.

Am I missing something, here? Is your device something that only 100 people in the world know about? :D

Re: True Rate of Unemployment

#176

Post by ozim »

afpx wrote: post #104

Tangential question: how do you actually find and hire people? I have a decent amount of disposable income [1], and I often want to pay people to help with things I’m not particularly skilled at. The problem is that I have no idea how to reliably find the right person or even how to structure the arrangement once I do. I have lots of examples, but here’s a recent one. A device failed, and replacing it would have cost…

The second problem was trust. I’ve been burned before by hiring companies based on Internet reviews. A lot of businesses seem to optimize for low-cost labor and throughput. The person who actually shows up has little incentive to care about quality, craftsmanship, or attention to detail.

Worst part is that even if YOU are willing to pay more to really have it done well, only thing that is going to happen is that you will be ripped off, as you mention that company you find will just pocket your money and get you someone not up to par for the job.

I am so annoyed by that fact.

Re: True Rate of Unemployment

#177

Post by alex43578 »

johnnyanmac wrote: post #152
alex43578 wrote: post #88

Earlier quoted context omitted.

Sure sounds like they can’t afford a family of 4 on that income. They have control over both variables in that situation.

>They have control over both variables in that situation. A modest proposal? And sadly, some states may not in fact give them control over that situation.

If you're implying abortion (or Swift's proposal) is the only option for birth control, you're very wrong. Are there any roadblocks to condoms or contraceptives in any state in America? I'm not aware of one.

Re: True Rate of Unemployment

#178

Post by ozim »

stevefan1999 wrote: post #170
afpx wrote: post #104

Tangential question: how do you actually find and hire people? I have a decent amount of disposable income [1], and I often want to pay people to help with things I’m not particularly skilled at. The problem is that I have no idea how to reliably find the right person or even how to structure the arrangement once I do. I have lots of examples, but here’s a recent one. A device failed, and replacing it would have cost…

https://en.wikipedia.org/wiki/Secretary_problem Related issue

Not really because it works if candidates are trustworthy and you can evaluate the candidate without "hidden issues".

Once you get all those applicants are good on the paper there might be one trustworthy, there might be one that if hired makes everything worse even though looked good on paper that's just not useful stopping algorithm.

The applicants, if all seen together, can be ranked from best to worst unambiguously.

Re: True Rate of Unemployment

#179

Post by golem14 »

afpx wrote: post #104

Tangential question: how do you actually find and hire people? I have a decent amount of disposable income [1], and I often want to pay people to help with things I’m not particularly skilled at. The problem is that I have no idea how to reliably find the right person or even how to structure the arrangement once I do. I have lots of examples, but here’s a recent one. A device failed, and replacing it would have cost…

had any luck with college students? That's where i would start. interviewing is time consuming tho.

Re: True Rate of Unemployment

#180

Post by DrProtic »

dfdydx wrote: post #125
DrProtic wrote: post #91

Earlier quoted context omitted.

I my country you have to regularly check in with the bureau for unemployment to be included in the stats, even though that bureau hadn’t found a job for anyone ever. I assume that’s how it works in many other countries. Unemployed is the one actively looking for a job, not the one that’s just to working. At least that’s how governments seem to look at it, and their way of figuring out who’s looking is incorrect.

Where do you live? Most countries use labour force surveys, it's orthogonal to registration to unemployment agencies.

I looked it up and I have to correct myself.

So EU/Eurostat has surveys, Serbia does too (I’m from Serbia).

However most countries have also national way of determining the rate that works how I described, and they may differ quite a lot from Eurostat.

I guess EU introduced surveys with Eurostat so countries don’t juke the stats.

For example

- Denmark computes net unemployment straight from benefit and PES registers — administrative coverage is complete enough to do it without asking anyone. It still runs an LFS for the ILO figure. - Germany, Austria, Poland, Czechia, Spain publish monthly registered counts that dominate domestic debate, exactly the way NSZ figures circulate in Serbia. Each uses its own national definition, so none is comparable across borders. - Finland keeps a register series noticeably above its LFS count, similar in shape to the NSZ/ARS gap.

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