I have been a college grad for 3 years now

[Al B. Sure!]

Yup 3 full years out of college!

I started my taxes. I made a little over $10,000 in 2010. My taxable income was under $400.

I worked for only 7 weeks in 2010 getting yelled at, exercising, and making/unmaking racks.

I guess $10K aint bad for 7 weeks of work.

[Wezil]

[giblets]

Bad time to graduate, I guess.

[Wezil]

Maybe. Could be a lack of direction.

I spent many years doing anything and everything before finding my path.

[giblets]

The unemployment rate in Philadelphia is over 11%. Maybe he should move.

[Lorizael]

Wouldn't that just increase the unemployment rate somewhere else?

[Al B. Sure!]

Actually no. From my understanding, statisticians often use the number of unemployment claims as a proxy for the unemployment rate. I am not receiving unemployment so I am not considered unemployed. If they instead use Bureau of Labor Statistics survey data, that again is an extrapolation of data that excludes certain people, such as discouraged job searchers.

Case in point, that 11% supposed unemployment in Philly. You don't even have to step foot into the city to know that that 11% is significantly understating the number of adults without jobs.

[giblets]

Well in any case, if the BLS thinks it's two percentage points above the national unemployment rate then it's probably a bad place to look for work.

[KrazyHorse]

Yup 3 full years out of college!

I started my taxes. I made a little over $10,000 in 2010. My taxable income was under $400.

I worked for only 7 weeks in 2010 getting yelled at, exercising, and making/unmaking racks.

I guess $10K aint bad for 7 weeks of work.

Did you have another source of income than your employment? I find it hard to believe that this job paid you at an annual rate of ~75k

[Felch]

1400 a week at what sounds like grunt work. Not bad.

[Thorn]

**** i make almost as much under disability (and i was like only 3 credit hours from finishing anyways).

[Lorizael]

Actually no. From my understanding, statisticians often use the number of unemployment claims as a proxy for the unemployment rate. I am not receiving unemployment so I am not considered unemployed. If they instead use Bureau of Labor Statistics survey data, that again is an extrapolation of data that excludes certain people, such as discouraged job searchers.

Case in point, that 11% supposed unemployment in Philly. You don't even have to step foot into the city to know that that 11% is significantly understating the number of adults without jobs.

Oh, okay. Thanks for clearing that up for me.

[Al B. Sure!]

Did you have another source of income than your employment? I find it hard to believe that this job paid you at an annual rate of ~75k

It was OCS. And I'm counting the Line of Duty pay I received from my injuries.

[The Mad Monk]

Did you have another source of income than your employment? I find it hard to believe that this job paid you at an annual rate of ~75k

I don't. I pay my workers $19 or better an hour. If there's weekend work (all the time), special projects (some of the time), or someone's out sick (more often than I'd like), people have to cover and I pay 1.5 overtime. Overtime is strictly voluntary, some guys go after it all the time, other not at all.

70 hour weeks are not at all unusual.

[KrazyHorse]

It was OCS. And I'm counting the Line of Duty pay I received from my injuries.

So you produced absolutely nothing of value to anybody last year?