The unemployment rate DID NOT FALL / ITS ALL SMOKE AND MIRRORS PEOPLE

Discussion in 'Politics' started by Grampa Murked U, Dec 2, 2011.

  1. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Seriously, are we all so stupid as to believe the numbers without checking into the details? The amount of people counted as unemployed fell because they no longer qualify for benefits. Therefore the govt has no way to track them. Their benefits expired, nothing more.

    Snip-
    The Labor Department reported before the market opened that the unemployment rate fell to 8.6 percent last month, the lowest level in 2 1/2 years. Economists had expected the rate to stay at 9 percent. But a key reason the unemployment rate fell so much was that more than 300,000 people gave up looking for work and were no longer counted as unemployed.

    Today's Stock Market News - DailyFinance

    Also seasonal temporary employment accounted for more than 50000 of the so called new hires. Those jobs will be gone in a month.

    If UE benefits are extended again those not currently counted as unemployed will once again be counted resulting in a sharp increase in the UE numbers.



    Obama is playing everyone for fools and many are falling for it. Sad
     
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  2. Grampa Murked U
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    Grampa Murked U Diamond Member

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    According to this article another 2 million will fall off in February resulting in a lower UE rate despite the fact that they won't actually have jobs.

    But Congress will soon have to decide whether to continue funding Washington's share of the 99-week benefits program. Should it fail to extend the program, a further 2 million unemployed stand to lose their benefits come February. Americans Fall Through the Safety Net as Slump Lingers | Common Dreams
     
  3. oreo
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    oreo Gold Member Supporting Member

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    Ya think---:cuckoo: 350K just got booted off of their unemployment checks--and that amounts to a net gain of JOBS created--according to the Federal Government--:cuckoo::cuckoo:
     
  4. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Inside the jobs report are some less heartening numbers. Retail sales positions accounted for 50,000 new jobs, and those could simply be holiday hires who will be let go again in January. And part of the reason for the drop in the unemployment rate, which comes from a survey in of households, was that about 300,000 people stopped looking for work, not an encouraging sign.

    Reprieve for Obama on grim economic news - Carrie Budoff Brown and Ben White - POLITICO.com
     
  5. thereisnospoon
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    thereisnospoon Gold Member

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    The Obama sycophants are having multiple orgasms.
    Come Monday, the lib media will report the unemployment rate. The lib pundits on MSNBC and CNN will blurt out the rate with great emphasis on the "eight"....
     
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  6. Grampa Murked U
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    Grampa Murked U Diamond Member

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    With all the BOGUS topics about a phantom drop I felt it was deserved.
     
  7. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Switch to T-Mobile
     
  8. Political Junky
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    Political Junky Gold Member

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    I realize that would really fuck with the GOP's agenda of keeping unemployment high, but thankfully it's not true.
     
  9. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Then you must also realize this thread wasn't intended for you. It is for those with half a brain or more. Only a fool would fall for the number manipulation, especially when the real facts are available for all to see.
     
  10. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    no shit.
     

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