abu yahya's definitions
(ECONOMICS) Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers.
The US Bureau of Labor Statistics regularly publishes six estimates of unemployment. The others are U-1, U-2, U-3, U-5, and U-6. Eurostat publishes one monthly estimate of unemployment for the European Union, which is approximately midway between U-3 and U-4.
The unemployment statistics for the USA are collected through a monthly Current Population Survey (CPS) (also known as the household survey) and an establishment survey.
The US Bureau of Labor Statistics regularly publishes six estimates of unemployment. The others are U-1, U-2, U-3, U-5, and U-6. Eurostat publishes one monthly estimate of unemployment for the European Union, which is approximately midway between U-3 and U-4.
The unemployment statistics for the USA are collected through a monthly Current Population Survey (CPS) (also known as the household survey) and an establishment survey.
U-4 includes all individuals that are unemployed as well as people known as discouraged workers. These people are then reported as a percentage of the combined civilian labor force and discouraged workers. Discouraged workers are defined as unemployed workers who have searched for employment within the last 12 months that have cited an economic reason for no longer looking for work. These reasons could range from “There just aren’t any job openings in my area.” to “I keep getting turned down for interviews, so why bother?”
{Nebraska Workforce Trends|October 2009}
{Nebraska Workforce Trends|October 2009}
by Abu Yahya July 15, 2010
Get the U-4 mug.(FINANCE) largest private equity fund manager in the world, by assets under management ($90.5 billion-2010). The Carlyle Group is actually a group of 67 funds which are, in turn, managed by a wholly private (i.e., non-listed, non-traded) limited liability company (LLC). In order to be a partner in the Carlyle Group, one needs to (a) have an enormous amount of money to invest for a very long time, and (b) have some peculiar connection of value to the existing partners.
About 69% of fund commitments by TC Group, LLC, are for buyouts; the profits--which are immense--come when it resells its portfolio. For example, it bought and restructured United Defense Industries in 1997, cashed out by '04, and made profits of about a billion on that particular deal. It has bought many defense firms and restructured them, while using its special connections to open doors for new categories of defense contracts.
One major investor is Prince Al-Walid bin Talal, who is also the owner of the largest block of shares in News Corp outside of the Murdoch family.
About 69% of fund commitments by TC Group, LLC, are for buyouts; the profits--which are immense--come when it resells its portfolio. For example, it bought and restructured United Defense Industries in 1997, cashed out by '04, and made profits of about a billion on that particular deal. It has bought many defense firms and restructured them, while using its special connections to open doors for new categories of defense contracts.
One major investor is Prince Al-Walid bin Talal, who is also the owner of the largest block of shares in News Corp outside of the Murdoch family.
The collection of influential characters who now work, have worked, or have invested in the Carlyle Group {include}... John Major, former British Prime Minister; Fidel Ramos, former Philippines President; Park Tae Joon, former South Korean Prime Minister; Saudi Prince Al-Walid bin Talal; Colin Powell; James Baker III; Caspar Weinberger; Richard Darman, former White House Budget Director; the billionaire George Soros, and even some bin Laden family members; Karl Otto Poehl, former Bundesbank president; the late Henri Martre, who was president of Aerospatiale; and Etienne Davignon, former president of the Belgian Generale Holding Company.
{"Carlyle Empire" by Eric Leser, Le Monde, April 29, 2004}
{"Carlyle Empire" by Eric Leser, Le Monde, April 29, 2004}
by Abu Yahya September 1, 2010
Get the Carlyle Group mug.A choice between an alternative that is awful and one that is unacceptable. Usually defined as "no choice at all," since one of the choices is likely to be totally unacceptable (death, starvation, death of a loved one held hostage, insolvency).
A person whose relatives have been taken hostage is faced with the Hobson's choice of rewarding someone who attacked his family, and having his relatives killed because of decisions he made.
by Abu Yahya May 5, 2010
Get the Hobson's choice mug.(ECONOMICS) survey of 60,000 households in the USA conducted monthly by the Bureau of Labor Statistics. One of two ways in which the BLS gathers statistics on unemployment and hours worked. The other is the establishment survey.
According to an analysis of the 2009 March Current Population Survey, one in five men ages 18-64 - about 21.2 million - are uninsured, compared with 17.2 million women in the same age group. This gap in coverage is consistent across various demographic groups.
by Abu Yahya July 15, 2010
Get the Current Population Survey mug.(ECONOMICS) debt owned by a national government to all creditors foreign and domestic. Backed by the national government's power to tax.
Even after the International Monetary Fund worked out a bailout for Greece, other sovereign debt crises could still arise in Spain, Portugal, and Italy.
by Abu Yahya May 5, 2010
Get the sovereign debt mug.Breathless and/or mendacious "Globalization" pieces from neoliberal commentators. A lot of pop economics insists that increased trade in services, intellectual property, and equities will solve every significant problem.
by Abu Yahya September 28, 2008
Get the globollocks mug.(VERB) to ignore the fact that a particular action was a crime, and focus instead on possible problems it may cause for the perpetrator. Named for Charles Maurice de Talleyrand-Périgord (1754-1838), who famously remarked of Napoleon's murder of the Duc d'Enghein, "It was worse than a crime... It was a blunder."
Sometimes this is misspelled "tallyranding." It's not certain that Talleyrand ever said it; it was probably attributed by his many enemies.
WHY IT'S BAD
In March 1804, when Napoleon Bonaparte was consul of the French Republic, he became aware of the fact that a leader of the royalist opposition was hiding out across the border of France. Napoleon had him kidnapped, brought back to Strasbourg, "tried," and put to death. The unfortunate young man was never accused of doing anything illegal; he had not violated the laws of the French Republic because he was not in France, and when he had been, he was serving the previous government.
Whoever actually said "...worse than a crime...a blunder" was ignoring the fact that it was a crime to murder an innocent person, and focusing instead on the fact that it was DUMB. In some cases, such as this one, it's a reasonable thing to do; but if it becomes a habit then moral judgment is deliberately suspended.
It's the asshole's substitute for moral fiber.
Sometimes this is misspelled "tallyranding." It's not certain that Talleyrand ever said it; it was probably attributed by his many enemies.
WHY IT'S BAD
In March 1804, when Napoleon Bonaparte was consul of the French Republic, he became aware of the fact that a leader of the royalist opposition was hiding out across the border of France. Napoleon had him kidnapped, brought back to Strasbourg, "tried," and put to death. The unfortunate young man was never accused of doing anything illegal; he had not violated the laws of the French Republic because he was not in France, and when he had been, he was serving the previous government.
Whoever actually said "...worse than a crime...a blunder" was ignoring the fact that it was a crime to murder an innocent person, and focusing instead on the fact that it was DUMB. In some cases, such as this one, it's a reasonable thing to do; but if it becomes a habit then moral judgment is deliberately suspended.
It's the asshole's substitute for moral fiber.
There is altogether too much Talleyranding going on. This wasn’t a blunder; it was a crime.
(Taken from the comments of Jim Henley's blog, *Unqualified Offerings*, "I Already Shot You"--May 31, 2010)
(Taken from the comments of Jim Henley's blog, *Unqualified Offerings*, "I Already Shot You"--May 31, 2010)
by Abu Yahya June 3, 2010
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