The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
In many of the country's most deprived areas the rate is as high as 40-50 percent. http://www.wsws.org/articles/2006/mar2006/fran-m17.shtml
It will do nothing to reduce the 23 percent youth unemployment rate, or the average of 8 to 11 years it takes to get permanent employment. http://www.wsws.org/articles/2006/feb2006/fran-f06.shtml
When the "World Socialist Web Site"--which is presumably authentic--quotes these numbers, it's hard to believe that it's the MSM and the dopey American liberals who have drunk the cool-aid...
To that end, here's a stat that shows 33% of people in Detroit live below the poverty line:http://www.wsws.org/articles/2005/sep2005/detr-s02.shtml
Or here's one: 45.8 million without health insurance. http://www.census.gov/Press-Release/www/releases/archives/income_wealth/005647.html
It's from the U.S. government, so I'm not sure you can trust it.
*Actually I don't know whether the quoted web site is official in any particular way, or reputable...
Thanks a million for the useful reference, asdf.
Unemployment rate = unemployed to active ratio
Unemployed to total population is a different number.
Consider 2 different countries
In one, out of 100 youth:
But in the first one, the unemployment rate is 25% (10 / 10+30), and in the second, it's 14% (10 / 10+60)
In both cases, 10% of the youth are unemployed.
Using the 25% rate of the first country to say that 25% of the youth in that country are unemployed is just sloppy or dishonest. In the long run, we're all dead. John Maynard Keynes
But a further point of confusion for me: the latest OECD numbers, which claim to compare unemployment on a comprible basis, show the US at 4.7% and France at 9.2%. But Jerome, if you are saying the "adjusted, or correctly stated" youth unemployment in France is 8%, you are saying that youth unemployment is less than unemployment for the rest of the country. Just at an intuitive level, that doesn't seem right to me. Am I interpretting this correctly, and if so, does that conclusion sound accurate to you? If youth unemployment in France is only 8%,,why do we hear complaints from the youth in France. I know that 0--5% would be better, but youth change jobs a lot, and float between jobs, and just are less stable than the rest of the work force, in an employment sense. I'll try to look up the US number that is comprible, but I'll bet it's 8% or higher.
Maybe I can pull together some numbers to make this point better, but hopefully you, or others, can understand my confusion, and perhaps clear it up.
But the method of counting full time students as unemployed seems very illogical to me.
Check out the very nice chart put together by Alexandra here. A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
It's one thing when you see all these numbers in one diary, and can reconcile the differences between them. But when they come out over the course of weeks or months, and one relies on memory, and can't reconcile,,,,it's just confusing.
I guess I'm still confused with my memory of Jerome's comment, which I think was youth unemployment in France is only 8%, about the same as the UK. (I'm not asking you to reconcile,,,,I should take the time and dig back through the data myself). but thanks for your reference.
In 2005 in the USA the total civilian noninstitutional population ages 16-24 was 36,674,000. It's the total of all youth in the labor force 22,291,000 (Employed 19,770,000 + Unemployed and looking for work 2,521,000) + those Not in labor force 14,383,000 (most of whom are in school or, in the case of the older ones, doing unpaid work like caring for their children).
When you talk of employment and unemployment there are two ways of looking at the numbers: 1) As a percentage of all youth age 16-24 employed = (19,770,000 / 36,674,000)*100 = 53.9% unemployment = (2,521,000 / 36,674,000)*100 = 6.9% 2) As a percentage of youth in the labor force (those that are employed and those unemployed and looking for work) employed = (19,770,000 / 22,291,000)*100 = 88.7% unemployment = (2,521,000 / 22,291,000)*100 = 11.3%
When you see the 88.7% employed number it makes it a little easier to understand that we're only talking about a portion of youth not all youth whereas the 11.3% unemployed can more easily be confused.
In labor economics the two numbers that are usually used to talk about unemployment are the labor force participation rate (the percentage of all youth who are in the labor force - in the example above (22,291,000 / 36,674,000)*100=60.8%) and the unemployment rate as a percentage of the labor force (11.3% in my example). The first number tells you how much or little the second number tell you about the population as a whole. If you don't have both of these numbers then I would argue it's best to look at unemployment as a percentage of total population.
These numbers come from the US Dept of Labor 2005 annual statistics
I hope this helps...
Jerome posted this previously. Left is the employment rate, right is the unemployed population, both as a fraction of the total number of 15-24s.
I just calculated the equivalent numbers for the US based on the US Dept of Labor 2005 annual statistics US Youth 16-24 in 2005: employed as % of total noninstitutional population 53.9% unemployed as % of total population 6.9% unemployed as percent of labor force (individuals looking for work or employed) 11.3%
Total civilian noninstitutional population 36,674,000 In labor force (looking for work of employed) 22,291,000 Not in labor force 14,383,000 Employed 19,770,000 Unemployed 2,521,000
Note: The population total does not include individuals who are institutionalized or in the military but I ran the numbers with an estimate for the total population in 2005 and even though it seems there were about 4,066,000 individuals in institutions or military in 2005 the percentage remain pretty much the same. For more data from US DOL a good resource is here.
There is also a 2005 report on youth summer employment that gives a feel for the particularities of the youth labor market.
The July labor force participation rate for youth (the proportion of their population working or looking for work) was 66.6 percent in 2005.
There were 21.7 million 16- to 24-year-olds employed in July 2005, an increase of 302,000 from July 2004. The employment-population ratio for youth--the proportion of the 16- to 24-year-old civilian noninstitutional population that was employed--was 59.3 percent in July 2005.
In July 2005, 2.7 million youth were unemployed; this was a decrease of 330,000 from a year earlier. The youth unemployment rate, 11.0 percent, was down from 12.3 percent in July 2004.
by Frank Schnittger - Dec 18 16 comments
by gmoke - Jan 13 9 comments
by gmoke - Dec 22
by Oui - Feb 7
by Oui - Feb 6
by Oui - Feb 5
by Oui - Feb 52 comments
by Oui - Feb 4
by Oui - Feb 3
by Oui - Feb 1
by Oui - Jan 31
by Oui - Jan 30
by Oui - Jan 29
by Oui - Jan 28
by Oui - Jan 281 comment
by gmoke - Jan 27
by Oui - Jan 27