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Unemployment 6.3% time to stop whining

who's talking here?

wayward1 1
SoupIsGoodFood 5
Perfection 2
RiteWingKing 8
JohnLynch 1
It is I WhyWhyWhy 1
LiveFreeOrDie 11
FabFive 1
G r u m p y 1
Emperor of Kingwood 5
Gigolo Bloodline 11
Prolix Raconteur 2
Commoner Sense 2
Sweet Cherub 1
Wicked 2

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Perfection --- 11 years ago -

There are jobs - get to working!!! 

Emperor of Kingwood --- 11 years ago -

Except thats not the real number. According to the dept. Of Labor, the real number is 12.3%. 

Perfection --- 11 years ago -

what?

The administration is LYING?


NOOOOOOOOOOOOOOOOOOOOOOOO 

Emperor of Kingwood --- 11 years ago -

I know its hard to believe that this admin. would lie. But, maybe this coupled with Benghazi will convince some of this admins. ineptitude and corruption. 

Sweet Cherub --- 11 years ago -

what?The administration is LYING?NOOOOOOOOOOOOOOOOOOOOOOOO


I know, hard to believe. I believe once 'O' is out of office, several years down the road, we are going to start to find out all the many corrupt things they did behind the scenes and all of the lies that were told to the public. It will be unprecedented. 

FabFive --- 11 years ago -

I needed a morning laugh. Those numbers are ridiculous.

Too bad the situation isn't funny. 

Commoner Sense --- 11 years ago -

Except thats not the real number. According to the dept. Of Labor, the real number is 12.3%.?

From the Department of Labor:

Payroll employment rises 288,000 in April; unemployment rate falls to 6.3%
Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April. Employment gains were widespread.

But you know, why bother getting information from the source when you can let Fox News filter it for you, right? 

Gigolo Bloodline --- 11 years ago -

Ending UI benefits, cutting SNAP and other basic safety net programs, increased educational costs and opposition to the ACA can all be seen as barriers to entry. Upward mobility has always been an insiders game. This game is set up politically to keep outsiders out. Education is THE key and it's exclusive.

The government has created a nonprofit support structure for businesses, rather than businesses being created to benefit Americans. They are holding 100's of billions for the sake of the next 3 months of market retunrs rather than the next 5 years and investing in people, etc. 

Emperor of Kingwood --- 11 years ago -

But you know, why bother getting information from the source when you can let Fox News filter it for you, right??

Or, when you learn the variables behind the numbers, you might just understand how its derived and manipulated. But, that would require independant thought and analysis. Something lacking in the liberal mind. 

It is I WhyWhyWhy --- 11 years ago -

Except thats not the real number. According to the dept. Of Labor, the real number is 12.3%.?


Are the numbers always a lie or just with this president? 

Emperor of Kingwood --- 11 years ago -

Are the numbers always a lie or just with this president??

Its not just this POTUS, its the way its calculated thats flawed. 

Wicked --- 11 years ago -

It does not matter which way you slice it, the numbers are down from last calculation and that is all that should matter. 

Emperor of Kingwood --- 11 years ago -

It does not matter which way you slice it, the numbers are down from last calculation and that is all that should matter.?

No, its not slicing the same raw data. Its ommission of data, so its not how its sliced. 

RiteWingKing --- 11 years ago -

No, its not slicing the same raw data. Its ommission of data, so its not how its sliced.

Both of you are correct. You want to be able to compare consistent numbers between periods but also know the "holes" in the calculation.

They do publish additional information such as the labor force participation rate which fell and accounts for some of the reduction in the unemployment rate.


The overall number was a positive sign. 

Gigolo Bloodline --- 11 years ago -

The U6 calcualtes U3 (unemployed) plus the underemployed, plus the discouraged and not looking, plus the looking but can't collect unemployment, plus the long-term, chronic unemployed.
The number has been dropping since a high of near 18% in late 2008. This means it's going the right direction. 

LiveFreeOrDie --- 11 years ago -

They do publish additional information such as the labor force participation rate which fell and accounts for some of the reduction in the unemployment rate.


The overall number was a positive sign.




WASHINGTON (MarketWatch) - The U.S. labor-force participation rate sank to 62.8% in April from 63.2% in March to match a 35-year low, the government reported Friday. Some 806,000 people dropped out of the labor force, according to Labor Department figures. The commissioner of the Bureau of Labor Statistics, Erica Groshen, said: "Our analysis of the household survey suggests the labor force decline was mostly due to fewer people entering the labor force than usual, rather than more people exiting the labor force."


806,000 (loss) - 288,000 (gain) = 518,000 net loss.

Please explain how this is a "positive sign"?


We are now in a 35 yr low 

Gigolo Bloodline --- 11 years ago -

LROD live racist or DIE 

LiveFreeOrDie --- 11 years ago -

LROD live racist or DIE

Wow 24 seconds!! 

Gigolo Bloodline --- 11 years ago -

Wow. Knows who he is. I give coward's their due. 

LiveFreeOrDie --- 11 years ago -

Wow. Knows who he is. I give coward's their due.


Interesting comment coming from someone who has changed their name on this forum God knows how many times. 

Gigolo Bloodline --- 11 years ago -

Interesting comment coming from someone who has changed their name on this forum God knows how many times.

LOL. Need an address? 

LiveFreeOrDie --- 11 years ago -

So I take it name calling is now an approved activity on the forum? 

Gigolo Bloodline --- 11 years ago -

So I take it name calling is now an approved activity on the forum?

you are what you are. 

LiveFreeOrDie --- 11 years ago -

LOL. Need an address?

sure 

LiveFreeOrDie --- 11 years ago -

That's not an address. 

wayward1 --- 11 years ago -

 

LiveFreeOrDie --- 11 years ago -

But I see you took the cowardly way and did not make that threat publicly. 

SoupIsGoodFood --- 11 years ago -

Wow 24 seconds!!

I'm surprised it took Bloodloss that long. 

LiveFreeOrDie --- 11 years ago -

I'm surprised it took Bloodloss that long.

It took him a full 2 min to physically threaten me in a PM. Good to see KU has not changed. 

Gigolo Bloodline --- 11 years ago -

It took him a full 2 min to physically threaten me in a PM

-:) and you a full 5 to cry 

SoupIsGoodFood --- 11 years ago -

LOL......... Bloodloss is all talk and ZERO walk.

Big tough internets guy.

0 

JohnLynch --- 11 years ago -

good to see you posting again livefreeordie...

So I take it name calling is now an approved activity on the forum?

as long as you are of the liberal ilk...

It took him a full 2 min to physically threaten me in a PM.

i think gigolo is a female...but if not...an effeminate male...probably weighing all of 100 pounds soaking wet...so I wouldn't worry about any physical threats from her... 

Gigolo Bloodline --- 11 years ago -

Big tough internets guy.

I'm a chick and he's still scared. 

SoupIsGoodFood --- 11 years ago -

I'm a chick and he's still scared.

You just act like one. 

Gigolo Bloodline --- 11 years ago -

You just act like one.

Thanks. That might give you just the confidence you lack. 

SoupIsGoodFood --- 11 years ago -

OK 

Gigolo Bloodline --- 11 years ago -

OK 

LiveFreeOrDie --- 11 years ago -

.so I wouldn't worry about any physical threats from her...


LOL, There are very few people that I worry about physical threats from. 

Gigolo Bloodline --- 11 years ago -

There are very few people that I worry about physical threats from.
LOL 

RiteWingKing --- 11 years ago -

Please explain how this is a "positive sign"?

10,000 Baby boomers a day are retiring. 

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