Unemploy Rate A Reflection of P A R T Time Jobs & Discouraged Leaving The Work Force

[EconChick]

This has been discussed adnoseum in dozens of threads. Just look in any thread that talks about the Unemployment rate. But it bears repeating. The drop in the Unemployment rate is not a reflection of a roaring economy. The drop in the rate is a reflection of negative underlying data such as increase in part time job versus full time jobs..... and discouraged workers just giving up.

Don't be fooled by the superficial number.

 

[NYcarbineer]

And whose fault is that?

 

[rightwinger]

200,000 jobs plus being added to the economy

 

[EconChick]

And whose fault is that?

It's been explained to you about 100 times in 20+ threads.....why are you too dumb to grasp it?

 

[The Rabbi]

And whose fault is that?

George W Bush, of course.


The Democrats have passed legislation that is textbook unintended consequences. They didnt want companies hiring part time workers to skit the requirements of ACA. SO they defined full time as 30 hours, contrary to common and accepted usage, which was 40. So companies, which still ahd the incentive to avoid the traps of ACA simply reduced workers' hours to 29 hours a week. Even the U. of Colorado did this with their student workers.

 

[EconChick]

200,000 jobs plus being added to the economy

THERE ARE 350,000,000 AMERICANS AND YOU'RE EXCITED ABOUT 200,000 JOBS??

AFTER ALL THOSE TRILLIONS?

 

[Moonglow]

This has been discussed adnoseum in dozens of threads. Just look in any thread that talks about the Unemployment rate. But it bears repeating. The drop in the Unemployment rate is not a reflection of a roaring economy. The drop in the rate is a reflection of negative underlying data such as increase in part time job versus full time jobs..... and discouraged workers just giving up.

Don't be fooled by the superficial number.

So the increase in the unemployment rate would mean a positive reflection of underlying data... or do we have a double negative with either an increase or a decrease?

 

[Moonglow]

200,000 jobs plus being added to the economy

THERE ARE 350,000,000 AMERICANS AND YOU'RE EXCITED ABOUT 200,000 JOBS??

AFTER ALL THOSE TRILLIONS?

After all those trillions we still never found WMD's...Sufficient to warrant the expenditure for the evidence..

 

[Piss Bucket]

And whose fault is that?

NYCarb:

Face facts: you are an idiot.

Unemployment numbers are largely based on claims filed for state unemployment insurance benefits. These benefits, despite numerous extensions, will run out eventually. The mere fact that benefits expire will cause this "unemployment rate" construct to drop. Further, it is well documented that the labor force participation rate is lower now than it has been in decades. Why? Because the Millennials are lazy wastes of sperm? That is probably partly true. However, the main reason is that is not enough work to go around.

Do you live in a fucking cave, Carb? These are extraordinary times. Normal modes of measurement are not very helpful right now.

Do everyone a favor, asshole, and go nose dive off a cliff, you clueless cocksucker.

 

[Moonglow]

Then that means that the UE rate was higher under Bushed than reported also and his numbers were higher...

This has been discussed adnoseum in dozens of threads. Just look in any thread that talks about the Unemployment rate. But it bears repeating. The drop in the Unemployment rate is not a reflection of a roaring economy. The drop in the rate is a reflection of negative underlying data such as increase in part time job versus full time jobs..... and discouraged workers just giving up.

Don't be fooled by the superficial number.

Link or yous are lying...

 

[EconChick]

And whose fault is that?

NYCarb:

Face facts: you are an idiot.

Unemployment numbers are largely based on claims filed for state unemployment insurance benefits. These benefits, despite numerous extensions, will run out eventually. The mere fact that benefits expire will cause this "unemployment rate" construct to drop. Further, it is well documented that the labor force participation rate is lower now than it has been in decades. Why? Because the Millennials are lazy wastes of sperm? That is probably partly true. However, the main reason is that is not enough work to go around.

Do you live in a fucking cave, Carb? These are extraordinary times. Normal modes of measurement are not very helpful right now.

Do everyone a favor, asshole, and go nose dive off a cliff, you clueless cocksucker.

Tally Ho! Carb....I think somebody's got your number, pal.

He can also explain economics to ya.

 

[EconChick]

200,000 jobs plus being added to the economy

THERE ARE 350,000,000 AMERICANS AND YOU'RE EXCITED ABOUT 200,000 JOBS??

AFTER ALL THOSE TRILLIONS?

After all those trillions we still never found WMD's...Sufficient to warrant the expenditure for the evidence..

I've had enough fun toying with liberals for the moment. Stay on subject Moony.



Obama has been a disaster in economics AND for policy.

Ta ta

 

[NYcarbineer]

And whose fault is that?

It's been explained to you about 100 times in 20+ threads.....why are you too dumb to grasp it?

Well, that raises the question, why did you have to start another thread about it?

 

[NYcarbineer]

And whose fault is that?

NYCarb:

Face facts: you are an idiot.

Unemployment numbers are largely based on claims filed for state unemployment insurance benefits. These benefits, despite numerous extensions, will run out eventually. The mere fact that benefits expire will cause this "unemployment rate" construct to drop. Further, it is well documented that the labor force participation rate is lower now than it has been in decades. Why? Because the Millennials are lazy wastes of sperm? That is probably partly true. However, the main reason is that is not enough work to go around.

Do you live in a fucking cave, Carb? These are extraordinary times. Normal modes of measurement are not very helpful right now.

Do everyone a favor, asshole, and go nose dive off a cliff, you clueless cocksucker.

I don't remember embarrassing you. Why so whiney?

Your post has nothing to do with what I posted. Was that your intention? If so, well done.

 

[Avorysuds]

200,000 jobs plus being added to the economy

380,000 people leaving but being counted as gains. Only under Obama can that be seen as a good thing. A net loss in people working and the UE rate goes down! Tell us all again how 25 trillion found it's way into the economy RW, it was so fan beating you senseless with that lie.

 

[Avorysuds]

200,000 jobs plus being added to the economy

THERE ARE 350,000,000 AMERICANS AND YOU'RE EXCITED ABOUT 200,000 JOBS??

AFTER ALL THOSE TRILLIONS?

After all those trillions we still never found WMD's...Sufficient to warrant the expenditure for the evidence..

You should tell Obama that, seeing as after Bush ended the Iraq war (Obama's words) Obama is now headed back in.

 

[NYcarbineer]

200,000 jobs plus being added to the economy

THERE ARE 350,000,000 AMERICANS AND YOU'RE EXCITED ABOUT 200,000 JOBS??

AFTER ALL THOSE TRILLIONS?

"There were 4.8 million job openings on the last business day of August and the rate was 3.4 percent.
This was the highest level of job openings since January 2001."

From the BLS: Job Openings and Labor Turnover Summary

 

[NYcarbineer]

200,000 jobs plus being added to the economy

380,000 people leaving but being counted as gains. Only under Obama can that be seen as a good thing. A net loss in people working and the UE rate goes down! Tell us all again how 25 trillion found it's way into the economy RW, it was so fan beating you senseless with that lie.

The number of employed in August was 146,368,000.

The number of employed in September was 146,600,000.

Unless you were homeschooled by fundamentalist Christians it's hard to believe that you aren't capable of understanding that that is a gain of people employed.

Employment Situation Summary Table A. Household data seasonally adjusted

 

[NYcarbineer]

And whose fault is that?

It's been explained to you about 100 times in 20+ threads.....why are you too dumb to grasp it?

In other words you can't make a case that it's Obama's fault; you just want to baselessly imply that it is.

 

[TEA Party Patriot]

And whose fault is that?

OBONGO'S.