{"id":376863,"date":"2020-12-16T15:58:00","date_gmt":"2020-12-16T20:58:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=376863"},"modified":"2020-12-22T14:46:56","modified_gmt":"2020-12-22T19:46:56","slug":"will-we-go-back-to-the-way-obama-calculated-unemployment","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2020\/12\/16\/will-we-go-back-to-the-way-obama-calculated-unemployment\/","title":{"rendered":"Will We Go Back to the Way Obama Calculated Unemployment?"},"content":{"rendered":"

RUSH: Here is Tom in Dexter, Michigan. Great to have you, sir. How you doing?<\/p>\n

CALLER: Merry Christmas and 74 million-plus<\/a> dittos.<\/p>\n

RUSH: Thank you, sir, very much.<\/p>\n

CALLER: Well, like many, my day job died from COVID a while back, and this past Saturday I filled out my last chip for unemployment. And I\u2019m wondering, is the Obama era calculation a thing he put in effect in his first term still in there that if you aren\u2019t receiving unemployment, you don\u2019t count in the universe of jobs anymore in order to keep —<\/p>\n

RUSH: You know, that is a good question, and I don\u2019t know. I don\u2019t know if the Obama method of counting unemployment has survived or not.<\/p>\n

\"\"<\/p>\n

CALLER: Tucker alluded to it the other night which got me thinking about it, I thought you might know about this thing, but it\u2019s like are we suddenly gonna see unemployment drop to zero at the end of the December or January whenever whoever gets inaugurated gets inaugurated, unemployment\u2019s zero, even though we know that\u2019s not real?<\/p>\n

RUSH: You don\u2019t expect unemployment to get down to zero, do you?<\/p>\n

CALLER: Well, it could get below three – I mean, there\u2019s a lot of people who are unemployed who got unemployed early on and all their benefits went out so that means the one — the U-6 or U9, the one calculation, they don\u2019t count anymore.<\/p>\n

RUSH: Well, now, the U-6 and the U-3.<\/p>\n

CALLER: That\u2019s it.<\/p>\n

RUSH: They still exist. And they existed prior to Obama.<\/p>\n

CALLER: Right, but when Obama changed the calculation, the two split. They didn\u2019t track and parallel with each other. They count things slightly differently but I know there was a point where one was diverging much more differently than the other one. And under Trump they kind of got back in line \u2019cause so many people got jobs again. And the numbers really did track. But now I think we\u2019re gonna see a split again, where one of them is tracking reality and one of them is tracking this fantasy number if the old calculations are affected, people that don\u2019t receive unemployment benefits don\u2019t count as unemployed anymore. Kind of in the weeds, but…<\/p>\n

RUSH: Well, I don\u2019t know that that was specific to Obama, either. My memory is that once your unemployment benefits expired and if you were not seen as seeking employment, then you weren\u2019t counted as being unemployed. I don\u2019t think that\u2019s an Obama-era change. I think that\u2019s always been the case. Now, I would have to double-check, of course. There may be 74 plus million that would disagree with me on it, but I\u2019m gonna —<\/p>\n

CALLER: — jigger the number in order to get his number below 8% because presidents don\u2019t get reelected if their unemployment number is above 8. So he did something to cause him —<\/p>\n

RUSH: Yeah, yeah, yeah. I just don\u2019t remember the specifics. And I\u2019m gonna have to check. Anyway, I appreciate the call, Tom, very much. The unemployment figure that\u2019s reported is the U-3. And it\u2019s not the most accurate calculation. U-6 is actually the most accurate calculation, but the U-3 is what\u2019s reported. Letter U, 3. And it still only counts people who are still looking for work, theoretically. And that\u2019s based on projections as well.<\/p>\n

The whole unemployment, Bureau of Labor Statistics and these numbers are largely projections anyway based on various computer models of the past because there\u2019s no way they can interview everybody that doesn\u2019t have a job and find out what they\u2019re doing so they have to come up with these projections based on past behavior.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Bureau of Labor Statistics and these numbers are largely projections anyway based on various computer models of the past.<\/p>\n","protected":false},"author":56,"featured_media":238623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\nWill We Go Back to the Way Obama Calculated Unemployment? - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2020\/12\/16\/will-we-go-back-to-the-way-obama-calculated-unemployment\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Will We Go Back to the Way Obama Calculated Unemployment? - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Bureau of Labor Statistics and these numbers are largely projections anyway based on various computer models of the past.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062617-Unemployment.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"keith doherty\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/www.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2020\/12\/16\/will-we-go-back-to-the-way-obama-calculated-unemployment\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062617-Unemployment.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062617-Unemployment.jpg\",\"width\":650,\"height\":310},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2020\/12\/16\/will-we-go-back-to-the-way-obama-calculated-unemployment\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2020\/12\/16\/will-we-go-back-to-the-way-obama-calculated-unemployment\/\",\"name\":\"Will We Go Back to the Way Obama Calculated Unemployment? 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