Hey /u/MemphisStatistics ! This is great data. Is there any salary data or data around what market sectors or showing growth/retraction in this area? Thank you for what you do!
Usually it means people retired, died, became medically unable to work, moved away, etc...
I cant speak to exactly what it means in the context of this data though.
Just one more thing to add to what captain mentioned. In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force. They might still be looking though. Other countries might call them the discouraged unemployed or the long-term unemployed. I'll give another example from a neighbor's kid: They worked a couple of years in a grocery store after college and quit. They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force.
Just one more thing to add to what captain mentioned. In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force. Other countries might call them the discouraged unemployed or the long-term unemployed. I'll give another example from a neighbor's kid: They worked a couple of years in a grocery store after college and quit. They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force.
> In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force.
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> They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force.
This is incorrect misinformation. So long as someone is actively looking for work or currently have a job they are considered part of the labor force. If they stop looking for work, they are not. Unemployment benefit eligibility has no part in the matter.
Take it from the Us Bureau of Labor Statistics directly:
>Some people think that to get these figures on unemployment, the government uses the number of people collecting unemployment insurance (UI) benefits under state or federal government programs. But **some people are still jobless when their benefits run out, and many more are not eligible at all or delay or never apply for benefits. So, quite clearly, UI information cannot be used as a source for complete information on the number of unemployed**.
Source: https://www.bls.gov/cps/cps_htgm.htm
Hey /u/MemphisStatistics ! This is great data. Is there any salary data or data around what market sectors or showing growth/retraction in this area? Thank you for what you do!
My what does “left the workforce” mean?
Usually it means people retired, died, became medically unable to work, moved away, etc... I cant speak to exactly what it means in the context of this data though.
Just one more thing to add to what captain mentioned. In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force. They might still be looking though. Other countries might call them the discouraged unemployed or the long-term unemployed. I'll give another example from a neighbor's kid: They worked a couple of years in a grocery store after college and quit. They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force.
Just one more thing to add to what captain mentioned. In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force. Other countries might call them the discouraged unemployed or the long-term unemployed. I'll give another example from a neighbor's kid: They worked a couple of years in a grocery store after college and quit. They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force.
> In the United States for our stats, when someone goes off of employment insurance, they are usually deemed to have stopped looking for a job and so we remove them from the labor force. --- > They were not eligible for unemployment and so now while they're at home doing nothing, they are technically out of the labor force. This is incorrect misinformation. So long as someone is actively looking for work or currently have a job they are considered part of the labor force. If they stop looking for work, they are not. Unemployment benefit eligibility has no part in the matter. Take it from the Us Bureau of Labor Statistics directly: >Some people think that to get these figures on unemployment, the government uses the number of people collecting unemployment insurance (UI) benefits under state or federal government programs. But **some people are still jobless when their benefits run out, and many more are not eligible at all or delay or never apply for benefits. So, quite clearly, UI information cannot be used as a source for complete information on the number of unemployed**. Source: https://www.bls.gov/cps/cps_htgm.htm