Some have lost benefits due to finding a job, some have started receiving early SS or disability, some have died, but these are nothing more than a minority of this group. I already covered the workforce participation variables in my original post. There are also millions upon millions who are vastly underemployed in part-time jobs who desire full-time work.
If someone doesn't have a job, has sent out hundreds or thousands of applications, and has run off the 99 week ramp, and simply gives up, that is NO WAY makes them any less of a person in dire straits. There are a multitude of other scenarios where a person is not counted as well. It is unconscionable that the BLS or some other government agency (with aid from the 50 states labour departments) doesn't accurately keep tabs on these people. One reason they do not, is to simply try to sweep bad bad news under the table, for the sake of the system and their own self interest.
The governments at all levels, the Federal Reserve, and other 'continuity of agenda' supporting institutions all have a strong desire and need to whitewash things, and they do so all the time, on a number of different matrices, including (but not limited to): inflation, true scope of bank and corporate bailouts, unemployment, CPI, money supply/currency debasement, budget deficits, job creation, national debt, state debt, municipal debt, income levels, poverty levels, etc etc. The systemic controllers almost ALWAYS err in their own favour, it is in their nature and to their benefit.
They count on most people only looking at certain numbers the controllers deem 'vital', and then furthermore use the power of official and unofficial gatekeepers from the masses to defend their misdirection. If a person buys into the current party or coalition in power, then they will defend the stats. If they are out of power, they will use 'simple-to-sound-bite' selective quotes to try to 'blame' the other side. It is all a massive psy-op inside a false paradigm of pre-approved, controlled, 'acceptable' choices. This has been going on in society for thousands of years, and nowadays, they have it down to a multi-dimensional, mass behavioural controlling science. -------------------------------------------------------------------------------------
Here is an article and a reply that also offer up ways to attempt to calculate these people (unemployed with no more UE benefits who wish to work):
here is the article
http://globaleconomicanalysis.blogspot.com/2010/09/question-of-day-how-many-people-have.htmlsnip
"Implications and Analysis
The implication is at least 6,927,372 have exhausted all of their unemployment benefits.
Indeed, the number may be considerably higher because every first-time job seeker who found a covered job since the pool peak in 2008, displaced someone in the eligibility pool who exhausted all benefits.
All things considered, at least 7 million people exhausted all unemployment benefits with some unknown portion of them coping via an option to start collecting social security. Moreover, those prematurely opting for social security, did so with reduced benefits."
snip
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here is one reply
"I pinged Tim Wallace who made the previous estimate, and here is Tim's response.
Hello Mike(s)
This is a hard one to answer because I cannot find any government numbers in my searches. I can however tell you these facts:
1.In January of 2009 there were 133,886,830 people in the state unemployment pool footnotes in the weekly unemployment report. Today there are 125,807,339, a loss of 8,079,491 unemployment insurance covered positions.
2.The federal EUC2008 extended program at that same time covered 2,147,837 people. Today the various federal extended programs cover 7,169,176, a net increase of 5,021,339 covered people at the federal level.
3.Since we know there were 8,079,491 people who have totally dropped off the state level roles and there is a net increase at the federal level of 5,021,339 people, we can safely assume that 3,058,152 people have exhausted all benefits - they are no longer covered on either sets of roles.
However, it is more complicated than that.
We know also that in the years leading up to this economic depression, covered employees rose by an average of 1.9 million people per year - people entering the workforce in positions with benefits.
Given the economy has been harsh for several years, not all the 1.9 million new job seekers have found positions. Let's assume 1/2 of them did (2,000,000 in two years), and that number is reflected in the 125.8 million covered workers.
Let's also assume 2 million younger workers took jobs of older, higher priced workers who were displaced and lost benefits. It could easily be greater.
Adding 2 million to line three and rounding up a bit, I would reasonably assume that roughly 5,100,000 people have exhausted all unemployment benefits.
Another interesting thing to note and remember is that social security payouts which averaged an annual increase of about 3% net after COLA adjustments increased by 8% net in FY 2009. They are back to tracking 3% now in the past two years as there is no COLA adjustments and that is the net increase. I would safely say that a large number of people who took the hit in 2009 simply retired and never re-entered the workforce.
There is absolutely no excuse for this information to not be a readily accessible from the BLS or Department of Labor.
Tim"
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I hope this helps, I repeat that this number must be known and tracked to get a clear picture on what the US is dealing with in terms of true UE rates and suffering.
cheers