80K new jobs in June; 85K more people on disability in June

[clevergirl]

Here is the size of the labor force, as defined by the Department of Labor, before, and since, this horrible recession, now aptly dubbed "The Great Recession". This might help us get some proper grounding:

In October, 2003, the Department of Labor announced that the size of the entire labor force in the United States was 146,716,000 people.
In October, 2008, the DOL listed the entire labor force as being 154,875,000. The growth is attributed to population growth, youth becoming working adults, and offset by people dying or moving out of the country. In general, the labor force grows by about 150,000 per month.
In March, 2012, DOL's number of the total working is 154,707,000

By clicking the link above, you'll notice that the labor pool increases regularly, with pretty much no exceptions, since 1948. That is, up until 2009.

Then, somehow, the government reports that the labor force DECREASED between October, 2008 and March, 2012.

Really?

Go here to read the article in its entirety

April 2012 unemployment: What's the REAL number? - Fort Worth Personal Finance | Examiner.com

How dare those Boomers retire!!!!

Don't they know that, like the disabled, they MUST work until they die so the unemployment rate will be high enough to get republicans elected.

There is zero evidence that retirement is the causation- ZERO.

 

[edthecynic]

Here is the size of the labor force, as defined by the Department of Labor, before, and since, this horrible recession, now aptly dubbed "The Great Recession". This might help us get some proper grounding:

In October, 2003, the Department of Labor announced that the size of the entire labor force in the United States was 146,716,000 people.
In October, 2008, the DOL listed the entire labor force as being 154,875,000. The growth is attributed to population growth, youth becoming working adults, and offset by people dying or moving out of the country. In general, the labor force grows by about 150,000 per month.
In March, 2012, DOL's number of the total working is 154,707,000

By clicking the link above, you'll notice that the labor pool increases regularly, with pretty much no exceptions, since 1948. That is, up until 2009.

Then, somehow, the government reports that the labor force DECREASED between October, 2008 and March, 2012.

Really?

Go here to read the article in its entirety

April 2012 unemployment: What's the REAL number? - Fort Worth Personal Finance | Examiner.com

How dare those Boomers retire!!!!

Don't they know that, like the disabled, they MUST work until they die so the unemployment rate will be high enough to get republicans elected.

There is zero evidence that retirement is the causation- ZERO.

There is infinite evidence that retirement is the causation- INFINITE.
I can pontificate too.

You have 10,000 Boomers reaching retirement age every day and 54% of them retire by age 65.

 

[clevergirl]

How dare those Boomers retire!!!!

Don't they know that, like the disabled, they MUST work until they die so the unemployment rate will be high enough to get republicans elected.

There is zero evidence that retirement is the causation- ZERO.

There is infinite evidence that retirement is the causation- INFINITE.
I can pontificate too.

You have 10,000 Boomers reaching retirement age every day and 54% of them retire by age 65.

Page 5 http://www.bls.gov/opub/mlr/2010/03/art1full.pdf

The employment of young adults (age 20 to 24) also declined in 2009, falling by 1.0 million. The proportion of these young adults who were employed fell by 5.5 percentage points, to 60.2 percent. The unemployment rate for people age 20 to 24 rose during 2009, increasing by 4.2 percentage points, to 15.7 percent.
Adults age 55 and over were not immune to the effects of a recession: their unemployment rate rose by 2.3 percentage points, reaching 7.1 percent in the fourth quarter of 2009.6 However, in contrast to the employment of younger workers, employment among adults age 55 and over edged up in 2009, and their labor force participation rate held steady at about 40 percent. (See table 1.)
All the major race and ethnicity groups were adversely affected by weak labor market conditions. Unemployment rates for all the major race and ethnicity groups rose sharply in 2009, and, by the fourth quarter, rates for all groups were at or near record highs. The over-the-year increases in unemployment rates were largest for Blacks and Hispanics, whose rates jumped by 4.2 and 3.9 percentage points, respectively, to 15.8 percent for Blacks and 12.9 percent for Hispanics. The fourth-quarter 2009 unemployment rate

and to show that we also have many more entering the work force see at link

http://www.theatlantic.com/business...ns-exiting-and-entering-the-workforce/239909/

 

[Listening]

Great Depression, pubbies! Not to mention blocking every real jobs bill (and everything else- and all the fear mongering propaganda)...a disgrace.

The GOP is the only reason people are not starving in the streets.

If the best you have to listen to is Randi Rhoadkill, you are even more pathetic than I first thought.

If it were up to you, we'd all be in cardboxes.

Asswipe.

 

[Listening]

From the article:

In addition, while hiring has been very weak during the recovery, the number of people who have dropped out of the labor force entirely has exploded by 7.3 million since June 2009, an IBD analysis of BLS data show. Some aged into retirement, but most either signed up for disability, stayed in school, moved back in with parents, or just quit looking for a job.

As a result, the "labor force participation rate" — the number of people who have jobs or are actively looking for one compared with the entire working-age population — is now 63.8%, down from 65.7% in June 2009. This participation rate is at the lowest levels in 30 years. In previous recoveries, the participation rate has almost always risen, not fallen.

Other indicators show that the three-year-old economic recovery isn't producing jobs in adequate numbers:

The unemployment rate has been above 8% for 41 consecutive months. In the previous 60 years, the jobless topped 8% in a total of only 39 months.

The number of people with jobs is still nearly 5 million below its pre-recession peak.

The number of long-term unemployed — those out of work 27 weeks or more — is still 5.4 million — almost 1 million higher than when the recovery began, and almost twice the level it ever reached prior to Obama's recovery.

 

[Listening]

LOL! the exact same thread posted three separate times in the past couple hours, what good obedient sheep the right wing trolls are.

Pretty telling that all you do is whine about three threads without addressing the issue.

 

[Listening]

80 K more jobs in June and 85K people went on disability in June.

Another banner moment for Obama.

"In just the last month, almost 275,000 put in applications for disability benefits." Does not not mean they will qualify. Lies by insinuation and omission.

Now you want to Blame Obama for people's disabilities?

This might help from a different article.

The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

In other words, the number of new disability enrollees has climbed 19% faster than the number of new jobs created during the sluggish recovery. (Even after accounting for people who left the disability program because they died or aged into retirement, the disability ranks have climbed more than 1.1 million in the past three years.)

***************************************

Blame Obama for their disabilities......???

No, you moron. The point being that they probably signed up because they can't find work and this is another government "out" for them. That more have signed up (and I don't know if that means they are on the rolls or applied....but we know that at least 1.1 million are on there) than jobs have been created show just how weak this economy is.

Over 3 million. That would be 1% of the total U.S. Population and 2% or more of the working population. I realize that you want everyone on the dole.....

 

[Katzndogz]

obama is trying really really hard. That's why he thinks he deserves to be reelected.

 

[Zxereus]

LOL! the exact same thread posted three separate times in the past couple hours, what good obedient sheep the right wing trolls are.

We're not sure how many minutes a day you take your head out of your ass, so we want to make sure you see that your president's economy R-E-A-L-L-Y SUCKS !!

 

[Listening]

You'll notice the left is having a hard time debating this one.

Not looking good for the Home(o) Team (the left).

 

[OohPooPahDoo]

80 K more jobs in June and 85K people went on disability in June.

Another banner moment for Obama.

The disability ranks have outpaced job growth throughout President Obama's recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

In other words, the number of new disability enrollees has climbed 19% faster than the number of jobs created during the sluggish recovery. (Even after accounting for people who left the disability program because they died or aged into retirement, disability ranks have climbed more than 1.1 million in the past three years.)

`
I like how the articles makes an apples to oranges comparison and then puts the apples to apples comparison in a parenthetical. Its like, "Oh, BTW, we are intentionally misleading you with our headline". And of course they fail to mention what the net change in disability recipients is in June.

In just the last month, almost 275,000 put in applications for disability benefits.

That means 275,000 will have their applications denied next month.

 

[Zxereus]

43rd consecutive month of unemployment above 8%.
At a saner time in our history, Obongo would have no chance of being re-elected.

 

[OohPooPahDoo]

43rd consecutive month of unemployment above 8%.
At a saner time in our history, Obongo would have no chance of being re-elected.

You're right, Obama is a dismal failure. His first full month in office unemployment was at 8.3%. Now its at 8.2% - a tiny decrease of only 0.1%



Bureau of Labor Statistics Data


On the other hand, America's most successful President in the past 50 years - Ronald Reagan, had 7.4% unemployment his first full month in office - and by the end of his first term, unemployment had dropped to 7.3%, a massive decrease of 0.1%

 

[edthecynic]

Here is the size of the labor force, as defined by the Department of Labor, before, and since, this horrible recession, now aptly dubbed "The Great Recession". This might help us get some proper grounding:

In October, 2003, the Department of Labor announced that the size of the entire labor force in the United States was 146,716,000 people.
In October, 2008, the DOL listed the entire labor force as being 154,875,000. The growth is attributed to population growth, youth becoming working adults, and offset by people dying or moving out of the country. In general, the labor force grows by about 150,000 per month.
In March, 2012, DOL's number of the total working is 154,707,000

By clicking the link above, you'll notice that the labor pool increases regularly, with pretty much no exceptions, since 1948. That is, up until 2009.

Then, somehow, the government reports that the labor force DECREASED between October, 2008 and March, 2012.

Really?

Go here to read the article in its entirety

April 2012 unemployment: What's the REAL number? - Fort Worth Personal Finance | Examiner.com

There is zero evidence that retirement is the causation- ZERO.

There is infinite evidence that retirement is the causation- INFINITE.
I can pontificate too.

You have 10,000 Boomers reaching retirement age every day and 54% of them retire by age 65.

Page 5 http://www.bls.gov/opub/mlr/2010/03/art1full.pdf

The employment of young adults (age 20 to 24) also declined in 2009, falling by 1.0 million. The proportion of these young adults who were employed fell by 5.5 percentage points, to 60.2 percent. The unemployment rate for people age 20 to 24 rose during 2009, increasing by 4.2 percentage points, to 15.7 percent.
Adults age 55 and over were not immune to the effects of a recession: their unemployment rate rose by 2.3 percentage points, reaching 7.1 percent in the fourth quarter of 2009.6 However, in contrast to the employment of younger workers, employment among adults age 55 and over edged up in 2009, and their labor force participation rate held steady at about 40 percent. (See table 1.)
All the major race and ethnicity groups were adversely affected by weak labor market conditions. Unemployment rates for all the major race and ethnicity groups rose sharply in 2009, and, by the fourth quarter, rates for all groups were at or near record highs. The over-the-year increases in unemployment rates were largest for Blacks and Hispanics, whose rates jumped by 4.2 and 3.9 percentage points, respectively, to 15.8 percent for Blacks and 12.9 percent for Hispanics. The fourth-quarter 2009 unemployment rate

and to show that we also have many more entering the work force see at link

Business - Daniel Indiviglio - Chart of the Day: Americans Exiting and Entering the Workforce - The Atlantic

And how exactly does that prove that the people LEAVING THE WORK FORCE are not mostly retirees????
Oh! That's right, IT DOESN"T!!!!!!!
It sure didn't take you very long to abandon your "size of the labor force" bullshit!

When CON$ervoFascists can't support their bullshit with the facts, they try to change the subject.

 

[edthecynic]

80 K more jobs in June and 85K people went on disability in June.

Another banner moment for Obama.

"In just the last month, almost 275,000 put in applications for disability benefits." Does not not mean they will qualify. Lies by insinuation and omission.

Now you want to Blame Obama for people's disabilities?

This might help from a different article.

The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

In other words, the number of new disability enrollees has climbed 19% faster than the number of new jobs created during the sluggish recovery. (Even after accounting for people who left the disability program because they died or aged into retirement, the disability ranks have climbed more than 1.1 million in the past three years.)

***************************************

Blame Obama for their disabilities......???

No, you moron. The point being that they probably signed up because they can't find work and this is another government "out" for them. That more have signed up (and I don't know if that means they are on the rolls or applied....but we know that at least 1.1 million are on there) than jobs have been created show just how weak this economy is.

Over 3 million. That would be 1% of the total U.S. Population and 2% or more of the working population. I realize that you want everyone on the dole.....

Again we see what loathsome scum CON$ervoFascists are!!!!!! The disabled aren't disabled, they are just looking for a government hand out.

Because a CON$ervoFascist would fake a disability to cheat the government they hate, all truly disabled must be cheaters. All it took was their MessiahRushie telling them this crap and it is now gospel. All these disabled war vets from Bush's 2 wars are nothing but lazy fakers.

July 03, 2012
RUSH: You might be surprised to learn that you are never kicked off once you are enrolled. You are on it for life. So we now have 8.7 million "workers" (as the story says) on disability.
We have 8.7 million Americans who are living off of federal disability insurance payments, and can for the rest of their lives. I don't know how much money it is. I don't know what an average monthly benefit is. But all it takes to qualify for a disability now is a half-decent lawyer to make the case for you

Sick verses Disablement | Disability Condition
Of the 8 million collecting Social Security Disability Insurance benefits, more than 57 thousand go back to work every year.* Sadly, over 231,000 terminate their benefits by dying.
Average benefit payment is $1090 per month and median payment is right at $1000 per month.* Maximum possible benefit is just over $2,300 per month; Hardly the kind of money to live in luxury, especially if you have high medical costs.
I seriously doubt that the 8 million beneficiaries want to be poor and dependent on others the rest of their lives would you?

 

[Mr.Nick]

Lazy motherfuckers got to get their "Obama money."

 

[hortysir]

imagine old people being to old to work.

damned those old people

What old people are you referring?

 

[hortysir]

Suicides, Mental Health Woes Soar Since Start of Iraq War,
Study Finds

Since the start of the Iraq War in 2003, the rate of Suicide among U.S. Army soldiers has soared, according to a new study from the U.S. Army Public Health Command.
Study: 80 Percent More Army Suicides Since Start of Iraq War - ABC News

Unnecessary illegal war based on lies.

Start your own thread about it, Shit-stain

 

[hortysir]

"In just the last month, almost 275,000 put in applications for disability benefits." Does not not mean they will qualify. Lies by insinuation and omission.

Now you want to Blame Obama for people's disabilities?

This might help from a different article.

The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

In other words, the number of new disability enrollees has climbed 19% faster than the number of new jobs created during the sluggish recovery. (Even after accounting for people who left the disability program because they died or aged into retirement, the disability ranks have climbed more than 1.1 million in the past three years.)

***************************************

Blame Obama for their disabilities......???

No, you moron. The point being that they probably signed up because they can't find work and this is another government "out" for them. That more have signed up (and I don't know if that means they are on the rolls or applied....but we know that at least 1.1 million are on there) than jobs have been created show just how weak this economy is.

Over 3 million. That would be 1% of the total U.S. Population and 2% or more of the working population. I realize that you want everyone on the dole.....

Again we see what loathsome scum CON$ervoFascists are!!!!!! The disabled aren't disabled, they are just looking for a government hand out.

Because a CON$ervoFascist would fake a disability to cheat the government they hate, all truly disabled must be cheaters. All it took was their MessiahRushie telling them this crap and it is now gospel. All these disabled war vets from Bush's 2 wars are nothing but lazy fakers.

July 03, 2012
RUSH: You might be surprised to learn that you are never kicked off once you are enrolled. You are on it for life. So we now have 8.7 million "workers" (as the story says) on disability.
We have 8.7 million Americans who are living off of federal disability insurance payments, and can for the rest of their lives. I don't know how much money it is. I don't know what an average monthly benefit is. But all it takes to qualify for a disability now is a half-decent lawyer to make the case for you

Sick verses Disablement | Disability Condition
Of the 8 million collecting Social Security Disability Insurance benefits, more than 57 thousand go back to work every year.* Sadly, over 231,000 terminate their benefits by dying.
Average benefit payment is $1090 per month and median payment is right at $1000 per month.* Maximum possible benefit is just over $2,300 per month; Hardly the kind of money to live in luxury, especially if you have high medical costs.
I seriously doubt that the 8 million beneficiaries want to be poor and dependent on others the rest of their lives would you?

When unemployment rates are low so is disability claims.

People, as a whole, WANT to work.
But they also need to pay their bills.

When their UEC runs out, they step over to Disability.

Wanna solve the problem?
Get the UE rate back below 8% like we were promised.

 

[TheGreatGatsby]

^^

Common Sense is the new clever these days

Common sense is the collection of prejudices acquired by age eighteen.
- Albert Einstein

Ironically, Einstein was predjudice when he said that. This is why he was a scientist and not a philosopher haha.