Unemployment 5.1% Sept 2015

[rightwinger]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

 

[ScienceRocks]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

5 years ago I also attacked this president but today I am proud of what he has done. Great job Obama!!!!

 

[ScienceRocks]

When did anyone complain that Bush had a 5.1% unemployment rate

Never, because income, LFPR, U6, interest rates, food stamps,GDP were all in the normal range. Obama is an anti-business communist and we see the results very clearly.

U6 right now (10.6%) is the same as it was at the point when U3 was at 5.1% during Bush's term.

10.3 as of today bush never had 5.1. Sorry
closest bush had was 4.9, at that point U6 was 8.9. Sorry

And you think we'll ever get to that point with cutting investment in our own country. Wake up.

 

[KissMy]

Is that bad? Why?

Whoops....high.

How is more old people retiring and more teenagers not working a bad thing?

So teenagers not working is a good thing in your mind?
They want to work,but with all the low intelligence beaners taking all the min wage jobs they cant.

How do you know what "they" want?

If they're actually looking for a job, then they're in the labor force. If they're not looking for a job, what makes you think they want one?

What makes you think they dont?
Are American kids so fucken worthless? And if they are looking they sure as hell aren't in the work force,you'd have to be able to take one from a mexican.

It could be that more than ever they are being supported by foundations, parents & tax payers for 4 to 8 years.

 

[ScienceRocks]

5.1% ?
sure...sure...whatever they say...the government wouldn't lie.

Did they lie when it was 5.1% under Bush?

Obviously not. He didnt have record numbers on some form of government assistance or record numbers out of the work force.

He certainly did have record numbers not in the labor force:

Oops...
Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

Who cares about Labor Participation Rate?

Why should I care if kids and grandpas are in the workforce?



.

Weird how this started late in Reagans term. Probably has more to do with outsourcing, the reality that the middle class has taken a dump because of his policies and the reality that the new generation is smaller then the boomers.

 

[ScienceRocks]

Unemployment rate under Bush doubled
Unemployment rate under Obama has dropped 5%

Why would we want to elect Republicans again?

Add in the reality that everytime we elect a deregulator our economy takes a shit 5-10 years later. The policies of Calvin Coolidge and Hover caused the great depression!, Reagan = Big shitting dump in the late 80s, George w Bush = Great recession, etc.

 

[boedicca]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

Not so great. The labor force participation rate increased during Reagan's terms; it's collapsed during Obama's.

 

[KissMy]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

Not so great. The labor force participation rate increased during Reagan's terms; it's collapsed during Obama's.

View attachment 49322

That's the difference between young & hungry Boomers entering the workforce & broken down old ones with a large nest egg leaving.

 

[Vigilante]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

Not so great. The labor force participation rate increased during Reagan's terms; it's collapsed during Obama's.

View attachment 49322

OH My, and LOOK what has happened to that Obomanation STOCK MARKET!!!

Dow Drops To 17-Month Lows As Hope-Filled Dead-Cat-Bounce Dies!!!!!

http://www.zerohedge.com/news/2015-09-04/dow-drops-17-month-lows-hope-filled-dead-cat-bounce-dies

 

[boedicca]

Obama now has a lower unemployment rate than Reagan ever had in his presidency.

Great job Mr President!

Not so great. The labor force participation rate increased during Reagan's terms; it's collapsed during Obama's.

View attachment 49322

That's the difference between young & hungry Boomers entering the workforce & broken down old ones with a large nest egg leaving.

Absolute Poppycock. The LFPR for younger cohorts is dropping, while it is increasing for older Boomers.

I've updated my analysis for August:

 

[HereWeGoAgain]

Why do liberals constantly whine about income equality and the lack of good jobs in one breath,and in the next crow about what a fine job obammy is doing for our work force?

Liberals....some the stupidest motherfuckers on the planet.

 

[rightwinger]

Did they lie when it was 5.1% under Bush?

Obviously not. He didnt have record numbers on some form of government assistance or record numbers out of the work force.

He certainly did have record numbers not in the labor force:

Oops...
Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

Who cares about Labor Participation Rate?

Why should I care if kids and grandpas are in the workforce?



.

Weird how this started late in Reagans term. Probably has more to do with outsourcing, the reality that the middle class has taken a dump because of his policies and the reality that the new generation is smaller then the boomers.

It started when baby boomers retired and dropped out of the workforce

Conservatives now blame the baby boom on Obama

 

[edthecynic]

. If they're not looking for a job, what makes you think they want one?

U6 includes those who have given up looking but want want a job.

No, that is the U-4 rate, as if you didn't know, which at the present time is 5.5%

 

[edthecynic]

When did anyone complain that Bush had a 5.1% unemployment rate

Never, because income, LFPR, U6, interest rates, food stamps,GDP were all in the normal range. Obama is an anti-business communist and we see the results very clearly.

U6 right now (10.6%) is the same as it was at the point when U3 was at 5.1% during Bush's term.

10.3 as of today bush never had 5.1. Sorry
closest bush had was 4.9, at that point U6 was 8.9. Sorry

What a load of horseshit!

Bush crawled out of office leaving a U-3 of 7.8% and a U-6 of 14.2%

 

[Vigilante]

Obviously not. He didnt have record numbers on some form of government assistance or record numbers out of the work force.

He certainly did have record numbers not in the labor force:

Oops...
Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

Who cares about Labor Participation Rate?

Why should I care if kids and grandpas are in the workforce?



.

Weird how this started late in Reagans term. Probably has more to do with outsourcing, the reality that the middle class has taken a dump because of his policies and the reality that the new generation is smaller then the boomers.

It started when baby boomers retired and dropped out of the workforce

Conservatives now blame the baby boom on Obama

Here's 22 MILLION LINKS to NEW COLLEGE GRADS CAN'T GET JOBS!

Start to get a life and stop listening to your own bullshit!

college graduates can't find jobs - Bing

 

[Vigilante]

When did anyone complain that Bush had a 5.1% unemployment rate

Never, because income, LFPR, U6, interest rates, food stamps,GDP were all in the normal range. Obama is an anti-business communist and we see the results very clearly.

U6 right now (10.6%) is the same as it was at the point when U3 was at 5.1% during Bush's term.

10.3 as of today bush never had 5.1. Sorry
closest bush had was 4.9, at that point U6 was 8.9. Sorry

What a load of horseshit!

Bush crawled out of office leaving a U-3 of 7.8% and a U-6 of 14.2%

For about the umpteenth time, the unemployment rate that is reported, which is categorized as U-3, does not count people who have been out of work for four years or more and have given up looking for a job. Yet they're still out of work, and they're still not working.

 

[westwall]

Unemployment 5.1% Sept 2015

Payroll employment increased by 173,000 over the past 14 years this month always gets revised up by 75K, so the real number is up 247,000

A few days ago the Federal Reserve Beige Book said The overall Labor supply continues to be "very tight", with contacts noting shortages of workers. Pay rates have grown by 3 percent to 20 percent, with the sharper increases reflecting a greater supply-demand gap.

And the labor non participation rate is the highest since 1977. It's amazing how you progressives just love to cheer about abject failure. Gosh you're dumb.

 

[boedicca]

Unemployment 5.1% Sept 2015

Payroll employment increased by 173,000 over the past 14 years this month always gets revised up by 75K, so the real number is up 247,000

A few days ago the Federal Reserve Beige Book said The overall Labor supply continues to be "very tight", with contacts noting shortages of workers. Pay rates have grown by 3 percent to 20 percent, with the sharper increases reflecting a greater supply-demand gap.

And the labor non participation rate is the highest since 1977. It's amazing how you progressives just love to cheer about abject failure. Gosh you're dumb.

At this point in his presidency, Reagan had created jobs for 95% of the increase in the Adult Civilian Population. Obama's ratio is 42%.

'Nuff said.

 

[edthecynic]

For about the umpteenth time, the unemployment rate that is reported, which is categorized as U-3, does not count people who have been out of work for four years or more and have given up looking for a job.

That's right, but irrelevant, the U-3 only counts people LOOKING for work.
The U-4 rate does however count those who have given up looking for work but still want a job no matter how many years they have been unemployed, and it is presently 5.5%

 

[HereWeGoAgain]

For about the umpteenth time, the unemployment rate that is reported, which is categorized as U-3, does not count people who have been out of work for four years or more and have given up looking for a job.

That's right, but irrelevant, the U-3 only counts people LOOKING for work.
The U-4 rate does however count those who have given up looking for work but still want a job no matter how many years they have been unemployed, and it is presently 5.5%

I gotta ask...how exactly does the government determine someone has given up?