Having looked, over the course of my last few posts, at the two key unemployment statistics and the adjustments made for seasonality, the final area of the government’s employment data that I want to address is job losses.
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I have been talking over the past couple of days about the bewildering array of employment statistics which are produced by the government every month and how to make sense of what they actually mean. As I mentioned at the end of yesterday’s post, alongside the U3 and U6 unemployment figures (which paint an entirely different picture of the situation), another variation that you will see is between the ‘seasonally adjusted’ and ‘not seasonally adjusted’ figures. So, what do these terminologies mean?
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Last Friday’s post looked at the ‘official’ unemployment rate (the U3 figure) and how it is calculated, but is this really a true reflection of the state of the country’s employment situation? Let’s take a look at the ‘other’ figure, the U6 figure which you will sometimes see quoted, and you can decide for yourself which you think is the more accurate…
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Lies, Damned Lies, And Statistics – What Does The ‘Official’ Unemployment Rate Really Mean?
Posted on 05. Mar, 2010 by Matt Shelly.
Take a look on Wikipedia and the definition of the title phrase goes like this:
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In my last few posts I have been talking about people styles and today it is the turn of the Amiable style. As the name suggests, these are the real ‘friendlies’ in the bunch; they are warm and sensitive, easy-going and dependable. Unlike the Drivers and the Expressives, they tend not to be very ambitious or driven people, but their personalities do often mean that they sit well in roles such as counseling.
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After looking at the second of the four people styles, the Expressive style, we then compared the behavior of an Expressive interviewer and an Analytical job candidate to show the potential for an almighty personality clash in the interview room. We then went on to describe how, by adapting his behavior so that it better mirrors that of the interviewer, the job candidate can create a better bond and sense of empathy with the recruiter.
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As I described a couple of days ago, this series of posts is looking at the characteristics of the four main people styles and at how, by being able to identify the style of an interviewer and mirror it, we can create a much closer rapport and make him feel that we are the best fit for the company.
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Each of us has our own individual interpersonal style – we all behave and inter-relate with our fellow human beings in different ways depending upon our personal preferences. When analyzed and broken down, these styles don’t just help us to better understand ourselves and, as I explain in my book Career Karma, help us to choose our ideal type of work environment, but being able to recognize them in others also allows us to mirror the behavior of interviewers.
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Today’s excerpts from Passion By Design describe how most of us have a tendency to think small, not only in terms of our careers but also as concerns our aspirations in general. They then go on to look at how, when we overcome that inclination, we can use our dreams to start living into our futures today.
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My posts over the last week or so have been all about home-based businesses and one of the things that I touched on was the importance of choosing a line of business which truly inspires you and about which you feel passionate. This, of course, isn’t just a concept which applies to prospective business owners, however, but to every person in paid employment, from those who are looking for their first opportunity to those who are considering a complete career switch.
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