The number of multiple jobholders decreased by 514,000 from November 2016 to 7.6 million, and the number
of discouraged workers not in the workforce (469,000) decreased by 122,000 from one year ago.
Additionally, the number
of discouraged workers, those who have stopped looking for work because they believe there are no jobs available to them, declined by 178,000 from the same period last year.
They have been better at forecasting the unemployment rate, even as it has become less useful as an indicator of how strong labor conditions are because
of discouraged workers and more lower wage jobs.
In the current situation, we have a lot
of discouraged workers.
The real number
of discouraged workers is probably much higher.
A laid off manufacturing worker who has given up hope of ever finding another job is not counted in the unemployment statistics, so an economy with a high number
of discouraged workers could have a misleadingly low unemployment rate.
It can mask weakness in the market if there are large numbers
of discouraged workers, as in the U.S. which now has a lower jobless rate than Canada despite a poor job creation record.
Not exact matches
And a 2010 survey by the Institute for Women's Policy Research revealed nearly half
of US
workers reported they were either «contractually forbidden or strongly
discouraged» from discussing pay with coworkers (although, as
of 2014, 10 states had passed laws protecting employees» rights to discuss salaries).
But the unemployment rate does not capture the problem created when
discouraged workers give up their job search and drop out
of the labour market.
You might recall Fed Vice-Chair Janet Yellen discussing at length the numerous pitfalls
of the headline unemployment rate, which doesn't count the
discouraged workers who've dropped out
of the labour force, those who've stopped looking for work but say they would still like to have a job, and those who would like to work full - time but could only find part - time employment.
The monthlong reprieve prolongs the state
of uncertainty hanging over the global economy, making it difficult for businesses to plan and
discouraging them from investing in new factories or hiring more
workers.
Arguably, counting
discouraged workers is a more accurate way
of counting the unemployed.
I have noted in other posts that Statistics Canada produces a whole host
of «unemployment rates» — some
of which include
discouraged workers — to help offer this picture.
This analysis highlights an important change in the relative number
of so - called «
discouraged workers» that has occurred in the U.S. since 2000.
«A major concern expressed by smaller businesses is the incremental CPP premiums, which they perceive as a payroll tax increase that will raise their cost
of employing
workers and thus
discourage hiring.
The US has an extremely low rate
of labor force participation, because there are no jobs to be had, and
discouraged workers who can not find jobs are not measured in the unemployment rate.
Because the decline is being driven by unusual labor - force flows — aging
workers retiring, the lure
of government disability payments,
discouraged workers and other factors — the jobless rate is a perplexing indicator
of job - market slack and vigor.
But the question that needs to be asked is, how many
of those stay - at - home dads actively chose that role and how many were forced into it by the economic recession, the «unemployed job - seekers, the underemployed, and
discouraged workers»?
Campaigners for sex
workers» rights say that by focusing on the prosecution and deportation
of the
worker rather than the attack against her, police were
discouraging other women from coming to them for help.
Senator Jose Peralta argues that means business will be
discouraged from hiring older
workers, who the Fiscal Policy Institute says currently hold about 90 percent
of low - wage jobs.
Opponents
of the paid sick leave bill, such as the Five Borough Chamber
of Commerce and Partnership for New York City, say small business
workers would start to abuse the new rules and that it would
discourage new hiring.
Along with a request that women walking the red carpet at the Golden Globes speak out and raise awareness by wearing black, the initiative includes a legal defense fund, backed by $ 13 million in donations, to help less privileged women — like janitors, nurses, farm and factory
workers, waitresses, hotel housekeepers — protect themselves from sexual misconduct and the fallout from reporting it; legislation to penalize companies that tolerate persistent harassment, and to
discourage the use
of nondisclosure agreements to silence victims; and a drive to at long last reach gender parity at studios and talent agencies that reportedly has already begun making headway.
As high unemployment rates and company downsizing have left many Americans
discouraged and unsure
of the future, community colleges across the country have experienced a tremendous surge in enrollment over the past few years, with a diverse range
of students, from high school graduates to older, displaced
workers, all seeking marketable skills to survive in a competitive economy.
Yes, the unemployment rate has come down, but much
of it it due to
discouraged workers.
GDP growth is not improving much if at all, and much
of the unemployment rate improvement comes more from
discouraged workers.
Please ignore the
discouraged workers, and all
of the new people on disability.
The seasonally - adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS - estimated long - term
discouraged workers, who were defined out
of official existence in 1994.
That estimate is added to the BLS estimate
of U-6 unemployment, which includes short - term
discouraged workers.
A 2012 study published in the Journal
of Accounting Research found that better - paid employees are less likely to steal; higher wages promote social norms that
discourage workers from conspiring to steal inventory.
Most
of the dogs probably will be killed, officials say, because visitors in this part
of the state do not want to adopt them, and shelter
workers often
discourage those who seem interested.
While the animal's nipping beak seems to have had little
discouraging effect on the platform
worker, as an observer it's hard not to interpret the turtle's actions as a simple rebuke against the whole hazardous practice
of underwater drilling.
State and federal
workers» compensation laws aim to provide fixed monetary compensation to employees who are disabled or to family members
of employees who are killed on the job, thus
discouraging injury suits against employers.
The CJEU points out that the situation falls within the scope
of Article 45 TFEU and that Article 45 TFEU precludes refusing a residence right to a family member
of an EU citizen where such would
discourage the latter from exercising his free movement rights as a migrant
worker.
In other parts
of our social safety net, such as Employment Insurance, CPP and OHIP, employers pay a fixed rate and therefor have no reason to
discourage their
workers from exercising their right to access these programs.
Employer resources are diverted from workplace safety improvement towards claims management and suppression (
discouraging the reporting
of accidents and filing
of workers» claims).
These companies are spending a huge amount
of money on a variety
of applications that may serve a purpose, but merely
discourage workers due to their inefficiency.
More and more
discouraged workers are coming out
of the woodwork and rejoining the labor force.
While the survey focused on the need for affordable housing, the issue affects commercial real estate as the shortage
of places for
workers to live
discourages businesses from expanding to the Hays area.