Employment Numbers Not What They Seem

Discussion in 'Politics' started by Freedomlover, Nov 2, 2012.

  1. Freedomlover
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    Freedomlover VIP Member

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    If I were in the Obama camp I would not get excited about the employment numbers released by the Labor Dept. today. Those numbers do not tell the whole story about what is really going on.

    The Labor Dept. says there 171,000 jobs added for the whole month of October. What they are not telling the public is how many new applications for unemployment where filed for the whole month of October. That figure, based on their own numbers for each week of the month total 1,469,000 new applications. The result being there was a net loss of jobs in October of 1,298,000. You can't tell me things are anywhere near being better after four years of Obamanomics. It just isn't so!

    You can go to YCharts - Stock Charts, Stock Ratings & Economic Indicators to see what the actual numbers are.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Unemployment stuck in Washington's gridlock...
    :eek:
    Record 89,304,000 Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January
    March 8, 2013 - The number of Americans designated as "not in the labor force" in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February.
    See also:

    Long-Term Unemployed Rises, Real Unemployment Basically Unchanged
    March 8, 2013 - Despite adding an estimated 236,000 jobs in February, the number of long-term unemployed rose and the broader, real unemployment rate remained virtually unchanged, according to the Bureau of Labor Statistics.
    Related:

    Unemployment for Women, Minorities Largely Unchanged
    March 8, 2013 - Unemployment among women and minority groups remained largely unchanged in February despite an economy that added an estimated 236,000 jobs during the month, according to the Bureau of Labor Statistics.
     
  3. Agit8r
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    Agit8r Gold Member

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    hmm, what could be affecting that?

    [​IMG]
     
  4. Obamanation
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    Obamanation Silver Member

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    well, that is PART of it....

    Pretty sad, when people are leaving the work force in DROVES and you still have 7.8% unmployement...
     
  5. edthecynic
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    edthecynic Censored for Cynicism

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    One Misinformation Voter more stupid than the other!

    There were 170,000 more people working in February than January! How stupid do you have to be to think that when someone leaves the workforce a job is lost.

    The only thing more stupid is thinking there is no turnover in employment. In October 2012 there were 4 million separations and 4.3 million hires.
     
  6. Obamanation
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    Obamanation Silver Member

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    WRONG!!! lol
     
  7. edthecynic
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    edthecynic Censored for Cynicism

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    Another Misinformation Voter who thinks if someone retires or quits a job, they are never replaced. :cuckoo:
     
  8. Obamanation
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    Obamanation Silver Member

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    Dude, you are just dead wrong....
     
  9. tooAlive
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    tooAlive Silver Member

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    That's not what he's talking about.

    He's talking about the people that called it quits and either retired early or gave up looking for a job altogether, which would make unemployment numbers look misleadingly better.

    HuffPo -

    February Jobs Report: U.S. Economy Adds 236,000 Jobs; Unemployment Rate Down To 7.7
     
    Last edited: Mar 9, 2013
  10. Obamanation
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    Obamanation Silver Member

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    If he just want to insult us - let him get the RIGHT answers from his own kind....
     

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