economy is not on a rebound, it's on a roar

[EdwardBaiamonte]

hmmm.. the economy is so good, that for every job created during Obama's time in office, over 20 more people are on food stamps. I bet half the jobs he created are handing out food stamps.

and don't forget he put millions on disability and so Medicaid too who are not considered unemployed!! Many of them have mood disorders, i.e., they'd rather collect than work.

 

[Franck]

The claim was made that self-employed, WHO AREN'T working are not counted as unemployed. Which is not true.

they would probably be counted in U6 as under employed

If he's not working but looking for work, then he'd be unemployed in the U3,4,5, 6.

Not sure why you would think that someone who is not working would be classified as underemployed (even if BLS had such a classification, which they don't).

A different way to assess the effects of the occupation on the economy is to simply consider the U.S. Civilian Employment-Population Ratio.

But if you want an economic indicator that will aid you to forecast the stock market, you have to prefer the US Total Nonfarm Private Payroll Employment, because in our NPPTTL free trading system simulation the revenue obtained with this indicator is higher then the one with the employment or unemployment indicators.

 

[EdwardBaiamonte]

A different way to assess the effects of the occupation on the economy is to simply consider the U.S. Civilian Employment-Population Ratio.

yes Barry has destroyed the economy with his anti-business presidency, 99 weeks of unemployment, and giving millions disability!!
Work force participation keeps shrinking below that of even Europe!!