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So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I dont want things to be bad or get worse I just believe with Bushbama style Big Government policies that the recovery, while possible, will be fighting every inch of the way. Its also very possible that the Governments *good will* and desire to buy votes I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes
What are the root problems here?
I think overpopulation (unsustainable - you can't keep growing and growing for more and more people as resources get further and further thinned out) as well as financial deregulation (short term burst leads to bubbles and then pops). I mean, I guess I don't see how a human population can keep growing physically and economically ad infinitum in a limited space. Doesn't this downturn make some sort of cold analytical sense at some level, as a cost of the booms that we had?
What am I missing?
Yiu should seek an apppeal of your home's tax assessment.Then why won't anyone answer my questions?
What are the root causes here? What we had was unsustainable, surely an economic disaster was inevitable.
i certainly thought so anyway, and also did not see how my house could triple in value in five years, I mean WTF?
two days ago the latest report on new unemployment claims was released. Nearly 500,000 new claims. The DJIA, NAZ and S&P 500 all lost significant ground. Today the US DoL releases a report that American business ADDED 200,000 jobs....yet, unemployment increases for the first time in a few months
Nice try by the Obama admin to plant a story as a means to offset bad news.
Anyone who thinks that story didn't come from the White House is living in denial.
Yes I do find it amazing that some want to push 200,000k jobs created in a month and UE going down as a good thing when we still lost 1.5 million jobs in that same month... It's a bunch of tricks and BS, it bugs me that people on these boards pretend or maybe just hope people are to stupid or uninformed as to what the whole story is.
You don't understand the difference between gross and net, do you? If you did, you wouldn't be making the false claim that we lost 1.5 million jobs. That would only be true if A. uninsurance benefits were the only source of unemployment and B. nobody at all was hired.
No. The unemployment rate rose because there were nearly 500,000 NEW applications for unemployment benefits.Jumped? Was it at 6% or something and jumped 3%?
or was it at like 8.7 or 8.9 and you are just trying to be shocking?
Ahh, so when it comes down .2% 8 threads needs to be made as undeniable proof that things are in fact getting better but when that trend reverses is me making a bigger deal of it than it is...
Like I said, if that number is going backwards you can bet it's much worse than it really is. Reality is that most people(or close to most) unemployed are simply not counted anymore.
The payroll number was good. The headline UE that real economists don't pay much attention to was up because unemployed people who were not looking for jobs started looking again.
If barack Hussein Obama was posting here, he'd be the one you are looking for. He says the economy is improving, all the time. At least once a week.So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I dont want things to be bad or get worse I just believe with Bushbama style Big Government policies that the recovery, while possible, will be fighting every inch of the way. Its also very possible that the Governments *good will* and desire to buy votes I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes
WHO, on this board, is claiming that the economy is on the mend?
WHO EXACTLY is saying that?
I ask because I must have missed those posts.
So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I don’t want things to be bad or get worse… I just believe with Bushbama style “Big Government” policies that the recovery, while possible, will be fighting every inch of the way. It’s also very possible that the Government’s *good will* and desire to buy votes – I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes
WHO, on this board, is claiming that the economy is on the mend?
WHO EXACTLY is saying that?
I ask because I must have missed those posts.
If barack Hussein Obama was posting here, he'd be the one you are looking for. He says the economy is improving, all the time. At least once a week.So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I dont want things to be bad or get worse I just believe with Bushbama style Big Government policies that the recovery, while possible, will be fighting every inch of the way. Its also very possible that the Governments *good will* and desire to buy votes I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes
WHO, on this board, is claiming that the economy is on the mend?
WHO EXACTLY is saying that?
I ask because I must have missed those posts.
And I think he is beginning to believe his own bullshit.
Yes I do find it amazing that some want to push 200,000k jobs created in a month and UE going down as a good thing when we still lost 1.5 million jobs in that same month... It's a bunch of tricks and BS, it bugs me that people on these boards pretend or maybe just hope people are to stupid or uninformed as to what the whole story is.
You don't understand the difference between gross and net, do you? If you did, you wouldn't be making the false claim that we lost 1.5 million jobs. That would only be true if A. uninsurance benefits were the only source of unemployment and B. nobody at all was hired.
Right...
So when everytime I see someone post 200,000k jobs created this month! I can count on you saying "1.3 millions jobs net loss this month!" if you see them, yes?.
The number of unemployed persons, at 13.7 million, changed little in
April. The unemployment rate edged up from 8.8 to 9.0 percent over the
month but was 0.8 percentage point lower than in November. The labor
force also was little changed in April. (See table A-1.)
Among the marginally attached, there were 989,000 discouraged workers in
April, a decline of 208,000 from a year earlier. (These data are not
seasonally adjusted.)
If barack Hussein Obama was posting here, he'd be the one you are looking for. He says the economy is improving, all the time. At least once a week.So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I don’t want things to be bad or get worse… I just believe with Bushbama style “Big Government” policies that the recovery, while possible, will be fighting every inch of the way. It’s also very possible that the Government’s *good will* and desire to buy votes – I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes
WHO, on this board, is claiming that the economy is on the mend?
WHO EXACTLY is saying that?
I ask because I must have missed those posts.
And I think he is beginning to believe his own bullshit.
Maybe someone can help bring this into focus for me.
The employment situation summary:
Employment Situation Summary
I've read the entire report a few times. Jobs were added in April for the private sector in virtually every category. The only sector that lost jobs was State and Local governments, and hard numbers of losses are not provided. After reading the following two quotes:
The number of unemployed persons, at 13.7 million, changed little in
April. The unemployment rate edged up from 8.8 to 9.0 percent over the
month but was 0.8 percentage point lower than in November. The labor
force also was little changed in April. (See table A-1.)
Among the marginally attached, there were 989,000 discouraged workers in
April, a decline of 208,000 from a year earlier. (These data are not
seasonally adjusted.)
That would seem to indicate to me that the rise in unemployment despite job gains across the spectrum must be due to A. Reductions in the public sector and B. More discouraged workers who had given up looking for work changing their mind and resuming the search.
Does that sound right? What am I missing here?
You don't understand the difference between gross and net, do you? If you did, you wouldn't be making the false claim that we lost 1.5 million jobs. That would only be true if A. uninsurance benefits were the only source of unemployment and B. nobody at all was hired.
Right...
So when everytime I see someone post 200,000k jobs created this month! I can count on you saying "1.3 millions jobs net loss this month!" if you see them, yes?.
No, because I'm not an idiot, and I understand what is gross and what is net. "Jobs created" IS THE NET CHANGE. UI CLAIMS ARE GROSS ADDITIONS.
And it's also different time frames. Every month, on the week that contains the 19th, a sample of businesses are asked how many people are on their payroll for the pay period that contains the 12th. The next month, same thing, and the difference is "jobs created" or "jobs lost." So the big spike in UI claims came AFTER the April survey and won't be reflected until the May figures.
So I noticed the unemployment rate jumped back up to 9% and so far we have seen nothing on the boards about it.
This reminds me of what I have read about under FDR, things "get better" then fall back regardless of the amount of money spent. What really gets me is we all know (and I don't care who you are, R/D/I) that the UE rate we see is coddled and shined in any way possible to make it "better" than what it really is... So despite that undeniable fact it still managed to go backwards from what some on these boards were claiming a flat brilliant turnaround.
If anything the EU rate could be nearing 20%, we would never know because every gimmick is done to make the numbers seem better than they really are.
I dont want things to be bad or get worse I just believe with Bushbama style Big Government policies that the recovery, while possible, will be fighting every inch of the way. Its also very possible that the Governments *good will* and desire to buy votes I mean, help people, will stifle any possible recover enough to where we split into a depression.
U.S. Economy Adds 244K Jobs, Unemployment Ticks Back To 9% - Steve Schaefer - Exile On Wall Street - Forbes