Obama policies sink Jobless Claims to lowest since 2007

[squeeze berry]

And the labor force participation rate is?

about 20 hours a week

 

[blackhawk]

How many of those jobs are part time? Factor in those who have dropped out of the workforce and just stopped looking for work then come back and brag about the unemployment rate. If the job market is going so well then of course the fed has no reason to continue buying millions in bonds and Obama can go ahead and implement his employer mandate part of Obama care no reason not to do this unless of course your afraid it will show what we already know this all just smoke and mirrors.

 

[TheGreatGatsby]

The percent of adults living with their parents is the real unemployment rate.

 

[Missourian]

And the labor force participation rate is?

Steadily dropping off a cliff...Bureau of Labor Statistics Data

 

[Clementine]

How much do those numbers mean? So many people have given up completely so no longer count.

The reason Obama opted to delay participation in Obamacare for a year for the biggest, wealthiest companies is because he knows there will be another huge increase in unemployment. So sad that the rest of us can't exempt ourselves the way congress and the IRS did because we can't afford it.

For the next year, the lapdog media will do everything they can to help Obama paint a rosy picture in hopes of getting more liberals in Washington.

 

[Missourian]

How much do those numbers mean? So many people have given up completely so no longer count.

The reason Obama opted to delay participation in Obamacare for a year for the biggest, wealthiest companies is because he knows there will be another huge increase in unemployment. So sad that the rest of us can't exempt ourselves the way congress and the IRS did because we can't afford it.

For the next year, the lapdog media will do everything they can to help Obama paint a rosy picture in hopes of getting more liberals in Washington.

Well they mean that unemployment is around 10.2%

The 7.4% that the left thinks is fabulous plus the 3% that were participating in the workforce all though the Bush years that are no longer participating today.

 

[auditor0007]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

Look, the economy is still dragging along. There are many many reasons for this, and blaming Obama for it is absurd, but trying to sell us on the idea that things are getting better because of some dumb stat that is basically meaningless in the current environment is just silly. Things are slowly improving, and there have been some roadblocks, but the truth is we're not there yet, but the real recovery is coming. Much of the problem is that everyone wants it right now, and if you are out of work or struggling, then you know best. The problem is that the reasons behind this long recession are not ones that can be easily fixed if they can be fixed at all. Time is the only real fix and we are slowly but surely getting there.

 

[drivebymedia]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

Look, the economy is still dragging along. There are many many reasons for this, and blaming Obama for it is absurd, but trying to sell us on the idea that things are getting better because of some dumb stat that is basically meaningless in the current environment is just silly. Things are slowly improving, and there have been some roadblocks, but the truth is we're not there yet, but the real recovery is coming. Much of the problem is that everyone wants it right now, and if you are out of work or struggling, then you know best. The problem is that the reasons behind this long recession are not ones that can be easily fixed if they can be fixed at all. Time is the only real fix and we are slowly but surely getting there.

Good points.

But keep in mind, you are talking here to mostly tea party, and they are committed to obstructing the recover .... no matter how successful it is

 

[Soggy in NOLA]

Before you cream your jeans, you may want to take a look at this... it appears people have just given up, I droves, even looking for a job:

Bureau of Labor Statistics Data

Take a look, especially what happened around 01/2009, and continues to happen.



You Obamazombies are so dumb.

 

[Soggy in NOLA]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

Look, the economy is still dragging along. There are many many reasons for this, and blaming Obama for it is absurd, but trying to sell us on the idea that things are getting better because of some dumb stat that is basically meaningless in the current environment is just silly. Things are slowly improving, and there have been some roadblocks, but the truth is we're not there yet, but the real recovery is coming. Much of the problem is that everyone wants it right now, and if you are out of work or struggling, then you know best. The problem is that the reasons behind this long recession are not ones that can be easily fixed if they can be fixed at all. Time is the only real fix and we are slowly but surely getting there.

Good points.

But keep in mind, you are talking here to mostly tea party, and they are committed to obstructing the recover .... no matter how successful it is

What recovery? There is none... unless of course you consider 1%+ GDP recovery.. is this the new normal?

 

[drivebymedia]

Soggy in NOLA: Before you cream your jeans, you may want to take a look at this... it appears people have just given up, I droves, even looking for a job

Before you cream your jeans, you may want to know that 300,000 new retirees a month are mostly leaving the workforce, or taking part time jobs.

300,000 a month ....

 

[PredFan]

Another in a long unbroken succession of fail threads by Drivebydumbass.

 

[boedicca]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

And Disability and Food Stamp use to Record Highs...with the lowest Labor Force Participation Rate in three decades.

Bet you can't connect the dots the way rational people can.

 

[Soggy in NOLA]

Soggy in NOLA: Before you cream your jeans, you may want to take a look at this... it appears people have just given up, I droves, even looking for a job

Before you cream your jeans, you may want to know that 300,000 new retirees a month are mostly leaving the workforce, or taking part time jobs.

300,000 a month ....

What does this have to do with anything?

Good grief you're dumb...

 

[drivebymedia]

Soggy in NOLA: Before you cream your jeans, you may want to take a look at this... it appears people have just given up, I droves, even looking for a job

Before you cream your jeans, you may want to know that 300,000 new retirees a month are mostly leaving the workforce, or taking part time jobs.

300,000 a month ....

What does this have to do with anything?

Rush didn't tell you what 300,000 retirees a month have to do with anything?

 

[drivebymedia]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

And Disability and Food Stamp use to Record Highs...with the lowest Labor Force Participation Rate in three decades.

Bet you can't connect the dots the way rational people can.

The 8 million low wage jobs Bush lost in 2008-2009 did have their effect, eh?

 

[Soggy in NOLA]

Before you cream your jeans, you may want to know that 300,000 new retirees a month are mostly leaving the workforce, or taking part time jobs.

300,000 a month ....

What does this have to do with anything?

Rush didn't tell you what 300,000 retirees a month has to do with anything?

No, bit I'm waiting for you just once, just once, to back up your claim that retirees are the cause behind the worst labor participation rate in over 30 years... or in your other dumbfuck thread on how Obama's policies are driving corporate earnings...

 

[Soggy in NOLA]

Jobless Claims Near 2007 pre-Recession low



"...The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy.

The four-week average, which often gives a clearer read of the labor market's underlying health, fell to its lowest since November 2007, just before the United States fell into a calamitous recession


Consumers in U.S. Gain Confidence as Firings Recede: Economy - Bloomberg

Glad to oblige...

And Disability and Food Stamp use to Record Highs...with the lowest Labor Force Participation Rate in three decades.

Bet you can't connect the dots the way rational people can.

The 8 million low wage jobs Bush lost in 2008-2009 did have their effect, eh?

Of course it did... but Bush has been gone for five fucking years.. and all the meanwhile, Barry Kardashian has pumped over $1,000,000,000,000 into the economy and were still shedding jobs, record numbers are on public assistance (and climbing) and we sit here with 1%+ GDP.. and dumbshits like you clap like trained seals.

 

[drivebymedia]

Yup. Guess 7.4 is jim dandy to those Obamabots.

But decreased layoffs only give a partial picture of the labor market. U.S. companies have been hiring at only a modest pace. U.S. payrolls grew by 162,000 in July, and much of that hiring was concentrated in low-wage retail and restaurant jobs.

Good write up in the WSJ.

U.S. Jobless Claims Tick Up - WSJ.com

Climbing out of the hole Bush and Republlicans put us in with 8 million jobs lost in 2008-2009.

Dems were just as responsible.

The worst recession in U.S. history happened on Bush's watch, with a Republican Congress

 

[drivebymedia]

Of course it did... but Bush has been gone for five fucking years..

But he didn't take the 8 million low wage workers who he threw out of work with him ... Bush left them for Obama to worry about ....