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I know it is "awful" for CON$ervoFascists to see a graph with unemployment going down, so "awful" in fact that they have to make up lies about people not being counted! It sucks to have to always hope for the worst for this great country!I wonder how many of those available jobs went down because people filled them?????April job openings show biggest drop in nearly 4 years
Job seekers were jolted Tuesday by new government data showing the number of available jobs dropped by 325,000 in April to 3.4 million.
That was the biggest single-month drop since September 2008's falloff of 438,000.
The news comes as markets await Wednesday's Federal Reserve statement on the economy at the end of a two-day meeting of its policy-setting committee. Stocks rose Tuesday in anticipation that the Fed will announce further help for an economy that has shown some signs of slowing.
Thank god the private sector is doing fine ,as Obama says...
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Those numbers are just awful in that graph, still way over average for percentage.....and that graph doesn't even include those unemployed so long they have dropped from the numbers used to count the labor force.
I wonder how many of those available jobs went down because people filled them?????
Those numbers are just awful in that graph, still way over average for percentage.....and that graph doesn't even include those unemployed so long they have dropped from the numbers used to count the labor force.
Because there's no such thing. There's no maximum time limit to be classified as unemployed. If you're looking for work, you're unemployed...doesn't matter how long.
If you're not looking for work, well, you're not looking for work and therefore not unemployed.
But Ed is a little off in his guessing since hires also went down March-April.
I know it is "awful" for CON$ervoFascists to see a graph with unemployment going down, so "awful" in fact that they have to make up lies about people not being counted! It sucks to have to always hope for the worst for this great country!I wonder how many of those available jobs went down because people filled them?????
Those numbers are just awful in that graph, still way over average for percentage.....and that graph doesn't even include those unemployed so long they have dropped from the numbers used to count the labor force.
Then you a) don't know what your looking at because b) you don't understand inflation.
When aggregate inflation is caused by the markets, then we are in a crap load of trouble because it means that there is a sever supply shock across all markets and there is a shortage of goods. Quantity went down, prices went up, and income all stayed the same. But then again, that's the nature of the economy, prices should go up when there is a shortage, right? So, I suppose, it is an okay, crap load of trouble that the money supply isn't suppose to take care of anyways.
On the other hand, when aggregate inflation is caused by increasing the money supply, then all is just fine because real income and real prices moved in the same direction at the same time. Quantity stayed the same, prices went up, and income went up.
So you have seen inflation caused by the markets and a tiny bit of inflation caused by the money supply is meaningless. You are not being realistic.
You are actually being dishonest in your representation of what the USA's economic policies over the last few years have done to the value of the dollar.
Endless borrowing and printing of money has caused a ton of inflation for us, I would like to see my govt stop devaluing the dollar through printing and devaluing the wealth of hte entire nation by borrowing.
Nice spin though.
You claim statistics lies, then you present the statistics of Shadow stats, the biggest piece of lying crap every devised for the internet. You lie about the rate of inflation, then call me a liar.
Like drug addicts think everyone else is doing drugs, child abusers think everyone beats their kids, the biggest liars and cheater are the first ones to call other people liars and cheaters.
Nice try, though.
The reason you must go there is that you don't have any actual facts to present.
Year Inflation Rate
2,011 2.96%
2,010 1.50%
2,009 2.72%
And the methodology is transparent and published at
Consumer Price Index (CPI)
Methodology Resources Consumer Price Index
They have address the ShadowStats B.S. at
Common Misconceptions about the Consumer Price Index: Questions and Answers
Honestly you obviously don't understand how the money supply functions or how inflation works. You honestly don't understand how numbers or measurements work. You are clueless about statistics and couldn't calculate a standard deviation if your life depended on it.
Fundamentally, the entire aggregate economy can be described by the equation of exchange, MV=PQ, where M is the total amount of money in circulation, V is the velocity of money, the turn over for that money in a time period, P is the price of goods, and Q is the quantity.
If Q goes up, M must go up for prices to remain the same.
The entire money supply system is dependent upon borrowing by businesses to invest in expansion. As the economy expands, the money supply expands.
You might want to start there.
Or, by all means, keep on living in your deluded world of conspiracies. Then you can claim everyone is out to get you. Perhaps you should look out for the CIA hiding in an unmarked van across the street, beaming micro wave mind control into your house at night while you sleep. I can sell you some microwave attenuation material to surround your bed with.
Those numbers are just awful in that graph, still way over average for percentage.....and that graph doesn't even include those unemployed so long they have dropped from the numbers used to count the labor force.
Because there's no such thing. There's no maximum time limit to be classified as unemployed. If you're looking for work, you're unemployed...doesn't matter how long.
If you're not looking for work, well, you're not looking for work and therefore not unemployed.
But Ed is a little off in his guessing since hires also went down March-April.
Exactly and the govt determines if you are looking for work by checking if you have checked into the unemployment office stating "Looking for work, didn't find work" to get your check.
As soon as you run out of unemployment you no longer call into unemployment to get your check and are therefore no longer considered looking for employment.
So, as I said the first time, those numbers don't include people who want to work but can no longer collect unemployment.
You are actually being dishonest in your representation of what the USA's economic policies over the last few years have done to the value of the dollar.
Endless borrowing and printing of money has caused a ton of inflation for us, I would like to see my govt stop devaluing the dollar through printing and devaluing the wealth of hte entire nation by borrowing.
Nice spin though.
You claim statistics lies, then you present the statistics of Shadow stats, the biggest piece of lying crap every devised for the internet. You lie about the rate of inflation, then call me a liar.
Like drug addicts think everyone else is doing drugs, child abusers think everyone beats their kids, the biggest liars and cheater are the first ones to call other people liars and cheaters.
Nice try, though.
The reason you must go there is that you don't have any actual facts to present.
Year Inflation Rate
2,011 2.96%
2,010 1.50%
2,009 2.72%
And the methodology is transparent and published at
Consumer Price Index (CPI)
Methodology Resources Consumer Price Index
They have address the ShadowStats B.S. at
Common Misconceptions about the Consumer Price Index: Questions and Answers
Honestly you obviously don't understand how the money supply functions or how inflation works. You honestly don't understand how numbers or measurements work. You are clueless about statistics and couldn't calculate a standard deviation if your life depended on it.
Fundamentally, the entire aggregate economy can be described by the equation of exchange, MV=PQ, where M is the total amount of money in circulation, V is the velocity of money, the turn over for that money in a time period, P is the price of goods, and Q is the quantity.
If Q goes up, M must go up for prices to remain the same.
The entire money supply system is dependent upon borrowing by businesses to invest in expansion. As the economy expands, the money supply expands.
You might want to start there.
Or, by all means, keep on living in your deluded world of conspiracies. Then you can claim everyone is out to get you. Perhaps you should look out for the CIA hiding in an unmarked van across the street, beaming micro wave mind control into your house at night while you sleep. I can sell you some microwave attenuation material to surround your bed with.
Those inflation numbers you just posted completely back up what I claimed.
Please stop being dishonest.
Those numbers are just awful in that graph, still way over average for percentage.....and that graph doesn't even include those unemployed so long they have dropped from the numbers used to count the labor force.
Because there's no such thing. There's no maximum time limit to be classified as unemployed. If you're looking for work, you're unemployed...doesn't matter how long.
If you're not looking for work, well, you're not looking for work and therefore not unemployed.
But Ed is a little off in his guessing since hires also went down March-April.
Exactly and the govt determines if you are looking for work by checking if you have checked into the unemployment office stating "Looking for work, didn't find work" to get your check.
As soon as you run out of unemployment you no longer call into unemployment to get your check and are therefore no longer considered looking for employment.
So, as I said the first time, those numbers don't include people who want to work but can no longer collect unemployment.
So what has our gov't been doing lately?
Legalizing Illegals for future votes.
Anyone wanna' bet what the Fed will say the "further help" will be?
QE III, or QE III by a different name: "Operation Really Smart Economics Twist".
About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS,But the decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.
Wake -up ....
The unemployment rate is based on an independent phone survey and has nothing to do with the state unemployment offices.
More nitpicking: Census conducts the actual interviews though the data is sent directly to BLS.The BLS current population survey data is collected by asking people, "Are you working?, "If not, did you look for work?" and a host of of other questions.
Right...the survey doesn't even ask about UI benefits.It includes people that are not collecting unemployment and are actively looking for work.
About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS,But the decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.
Wake -up ....
YUP!
Ah yes, the old blame the babyboomer ploy --the oldest trick in the world. Works every time.But how much of that drop in emp-pop ratio is labor market factors and how much is demographic change? Some of the drop in emp-pop and Labor Force participation is due to more retirees...YUP!...342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.
Wake -up ...
The unemployment rate is based on an independent phone survey and has nothing to do with the state unemployment offices.
Nit-picking: It's not a phone survey, it's a household survey. Households are in the survey for 4 months, out for 8, and back in for 4. The initial interview and the re-entry interview are required to be in-person (there are exceptions if necessary). Subsequent interviews can be by phone if the respondent requests it, but aren't always. About 65% of interviews each month are by phone, the rest are in person.
More nitpicking: Census conducts the actual interviews though the data is sent directly to BLS.The BLS current population survey data is collected by asking people, "Are you working?, "If not, did you look for work?" and a host of of other questions.
Right...the survey doesn't even ask about UI benefits.It includes people that are not collecting unemployment and are actively looking for work.
Ah yes, the old blame the babyboomer ploy --the oldest trick in the world. Works every time.But how much of that drop in emp-pop ratio is labor market factors and how much is demographic change? Some of the drop in emp-pop and Labor Force participation is due to more retirees...YUP!
We hear it a lot from leftists thinking they can explain away the suffering of millions by spouting big words. It won't wash because we now live in the info age and everyone can google. Any google key words "generation unemployment" pops up articles pointing out--
--that blaming retirees doesn't make much sense. If retiring babyboomers were the ones leaving the workforce then we'd be seeing average ages drop among the employed. What does make sense is hiring's off because of Obama's war on hiring, his expressed policy of vengeance against employers. It's a policy that's causing massive unemployment, discouraged workers, and the forsaken young.
Next I''m expecting you to ask me if I have a couple tens for a five dollar bill you need to break.,...because the total population is employed+unemployed+not in labor force, this alone means they have to be addressed seperately. The basic question is, if the over 55 has grown, then why hasn't their percentage of the employment rolls grown as much as their percentage of the civilian population? Or has it?.
About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS,But the decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.
Wake -up ....
YUP!