Before you get all excited about the unemployement report

Discussion in 'Politics' started by Charles_Main, Aug 5, 2011.

  1. Charles_Main
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    Charles_Main AR15 Owner

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    Yes we added 117000 Jobs and the rate went down to 9.1%.

    Well not only is that not nearly fast enough, but if you dig just a tad deeper into the Report you will see that 193000 People simply dropped out of the work force and quit looking for work.

    OUCH!
     
  2. percysunshine
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    percysunshine Gold Member

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    I have contemplated asking the unemployment report to marry me.
     
  3. whitehall
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    whitehall Gold Member

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    There is a little trick the labor dept does with statistics. They don't mention that the labor force numbers have dropped drastically in the past two years so they take the average of the existing labor force and pretend that unemployment has dropped. The trick works with ignorant Obama followers but the Dow and the rest of the world which is not affiliated with Barry obviously doesn't buy the numbers.
     
  4. Claudette
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    Claudette Gold Member

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    Wonder why RW didn't put that little tidbit in her praiseobama117,000jobs thread??
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    I was going to just Respond to his thread, but I figured this little fact would be lost in a flood of Liberals posting about how wonderful this news is.

    Unemployment went down only because people are leaving the work force. we are now at a record low % of Americans who are in the work force, and yet have 9.1% unemployment. Anyone who is honest has to admit this is not good news.
     
  6. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    You don't really believe that the unemployment rate in the US is only 9.1% do you? If you do you are a dope. This number, like all of the numbers released by the Obama administration is a lie.
     
  7. Charles_Main
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    Charles_Main AR15 Owner

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    Clearly it is not, That is simply the Number they want us to buy. If you add the number of People who have simply dropped out of the work force, like the 193000 that did this month, and you add the number of people who are stuck in part time jobs that they can not get by on. The Number is North of 16%.

    But then I didn't think I had to explain that. Unemployment, according to the Fed, went down .1% this month. Not because of new Hiring, it was because so many people Simply quit Looking.
     
    Last edited: Aug 5, 2011
  8. Charles_Main
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    Charles_Main AR15 Owner

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    I guess this thread isn't as fun as the other one where they simply focus on the one good thing in the report and pat Obama on the back.

    lol
     
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  9. 8537
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    8537 Senior Member

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    The lifetime bureaucrats at the BEA are Obamabots?

    How has the collection and processing of unemployment data changed since Obama took office?
     
  10. NYcarbineer
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    NYcarbineer Diamond Member

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    Record corporate profits and weak employment.

    That's a conservative's dream. That's the free market at work. Make as much money as possible with as little labor cost as possible.

    I don't know why you rightwingers are pretending this isn't good news.
     

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