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if you don't draw monetary compensation? You are not employed if you don't get paid. A house spouse draws no monetary compensation, yet isn't considered unemployed.
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I don't think so. Retired people are also not considered unemployed or employed. I wouldn't consider a pension as drawing monetary compensation either as that money is already yours._________________________
"Have a Great Day, unless you've made other plans" -
Not according to our Uncle. Money is money and tax must be levied on it. Sadly.LeeComment
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I'm employed. I work from home and get paid based on the work I bring in and perform, which provides enough money to live on. In addition, I have a reasonably flexible schedule.Comment
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I'm not sure who you were responding to but if it was me than I agree that the taxes must be paid. However, pensions and SSI are not payments for current work so that is why I wouldn't consider them current compensation. They are monies that you have earned and set aside in the past for future use. In most cases, such as 401's, that money was not taxed in the past so now the piper must be paid._________________________
"Have a Great Day, unless you've made other plans"Comment
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I believe to be unemployed, you must be not only out of work, but you have to be actively seeking employment.
I used to work at the unemployment office before I got laid off!
Bill"I just dropped in to see what condition my condition was in."-Kenny RogersComment
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Whatever the politically correct yardstick may be I tend to agree with Bill. The key is to differentiate between "un" and "not." There are lots of people who are NOT employed but this is through choice, examples that were already given are stay at home moms (or dads) and retirees. To be UNemployed one must first wish to be employed and be attempting to get employment.Jon
Phoenix AZ - It's a dry heat
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We all make mistakes and I should know I've made enough of them
techzibits.comComment
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There are also the under employed who are working, but looking for a job in their actual field or at a similar pay level to previous employment. I'm employed now, but working for 30% of what I made perviously as an analyst at GM and Coors and I've added 120 round trip miles to my daily commute.Chr's
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An ethical man knows the right thing to do.
A moral man does it.Comment
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I am not employed right now, come December 13th I will be unemployed.Opportunity is missed by most people because it is dressed in overalls and looks like work. - Thomas EdisonComment
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Regardless of which of the previous categories you are in, you are not COUNTED as being unemployed by the government unless you are collecting unemployment compensation. As soon as your benefits run out you are no longer counted regardless of your actual status.Comment
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Don't know what the answer really is? All I know is that I'm retired and am not nor do I want to be employed! What I really don't know is how I ever had time to work for anyone else. Never have been so busy!RuffSawn
Nothin' smells better than fresh sawdust!Comment
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I know what you're talking about. I've been working since 8 o'clock this morning. Just quit at 3:35. So I work, but I'm not employed or unemployed.
EdDo you know about kickback? Ray has a good writeup here... https://www.sawdustzone.org/articles...mare-explained
For a kickback demonstration video http://www.metacafe.com/watch/910584...demonstration/Comment
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I wonder how the government can ignore for their statistics those people who are self-employed, but not getting any work from their businesses... These people are not eligible to receive any unemployment compensation, due to self-employment, but they are just as broke and in need of work as anybody who has been laid off a conventional job, only 6 months to a year earlier. How is it that they do not count?
Seems like there must be enough of these people out there (I know many) that their numbers could be used to skew the statistics any way one might want.
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twistsol
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