Unemployment numbers are lies.

[edthecynic]

There is nothing set in stone that says a baby boomer will retire at the retirement age.

You're right, but the fact remains that as the baby boomers retire the labor force that will cause a negative effect on the labor force

Retiring baby boomer's will cause lower unemployment as people are hired to fill jobs vacated by the retired boomer's.

And that's exactly what's happening now. A million Boomers retired from the workforce last year.

 

[KissMy]

You're right, but the fact remains that as the baby boomers retire the labor force that will cause a negative effect on the labor force

Retiring baby boomer's will cause lower unemployment as people are hired to fill jobs vacated by the retired boomer's.

And that's exactly what's happening now. A million Boomers retired from the workforce last year.

One million is chump change compared to the 14 million who need a job. Even though this is one of the best months of job growth since the crash, this job market is not growing fast enough.

 

[uscitizen]

I believe we should go to a format of measuring unemployment using the average labor participation rate of 66%.

No, what you believe is that we should concoct some sort of new measure that will make the headline number look worse,

because Obama is president.

I made a similar argument as the OP while Bush was president and was ridiculed by the right.

Partisanship as per usual?

 

[uscitizen]

You're a fucking idiot...

Funny how you OWS collectivist assholes always have some individual conspiracy theory...

Here is a theory for you - people abused credit and couldn't afford their homes anymore after they destroyed their "free credit" via forced lending via the Community Reinvestment Act????

It's called supply and demand dummy...

It's funny how assholes such as yourself imply we live under a manipulated or dictated market (dictated by private sector capitalists) - yet you turn around and call for an end to a "supply and demand" based economic model...

Total contradictions and pure ignorance on your part and on your ilks part..

You are seriously going to blame the housing bubble on the CRA? The two years prior to the burst, approximately 1/3 of homes were purchased by speculators. Don't try blaming low income earners trying to buy a home for this mess. Many did lose their homes, only after the bust when they lost their jobs.

At the peak of the boom in 2006, more than a third of home purchase loans were made to borrowers who already owned at least one house, according to the study. In California, Florida, Nevada, and Arizona, which had the most pronounced bubbles, investors accounted for 45 percent of the mortgages.

Boom-Era Property Speculators to Get Foreclosure Aid: Mortgages - Bloomberg

"Speculators"...The latest lib buzzword used to deflect blame away from where it belongs.
Squarely on the shoulders of the meddling libs that set up and protected market manipulation.
Jobs lost is an effect. Manipulation of the market by the federal government was the cause.

The libs set up market manipulation?
Those darned capitalist socialists!

 

[uscitizen]

Because there's a perfectly predictable increase in the number of people over 65 as baby boomers retire and live longer. The population of those 65+ will be a larger share of the population in the next couple decades.

There is nothing set in stone that says a baby boomer will retire at the retirement age.

And there is nothing set in stone that says they won't.
In REALITY, some Boomers will retire as soon as they turn 62, some will retire later, and some will work till they die, but make no mistake one way or another Boomers are leaving the workforce.

65 is the magic age now because of Medicare eligibility.

 

[bigrebnc1775]

Because there's a perfectly predictable increase in the number of people over 65 as baby boomers retire and live longer. The population of those 65+ will be a larger share of the population in the next couple decades.

There is nothing set in stone that says a baby boomer will retire at the retirement age.

And there is nothing set in stone that says they won't.
In REALITY, some Boomers will retire as soon as they turn 62, some will retire later, and some will work till they die, but make no mistake one way or another Boomers are leaving the workforce.

How many times do I have to beat you down over this?
Most baby boomers expect to work after 65: Poll - CBS News

 

[thereisnospoon]

You are seriously going to blame the housing bubble on the CRA? The two years prior to the burst, approximately 1/3 of homes were purchased by speculators. Don't try blaming low income earners trying to buy a home for this mess. Many did lose their homes, only after the bust when they lost their jobs.



Boom-Era Property Speculators to Get Foreclosure Aid: Mortgages - Bloomberg

"Speculators"...The latest lib buzzword used to deflect blame away from where it belongs.
Squarely on the shoulders of the meddling libs that set up and protected market manipulation.
Jobs lost is an effect. Manipulation of the market by the federal government was the cause.

The libs set up market manipulation?
Those darned capitalist socialists!

Yes. Liberal politicians saw that not enough minority applicants for mortgages were approved by lenders. So instead of researching the reasons why this was occurring, they decided that denials of loans just HAD to be discriminatory. They never thought to gather information, especially the loan applications, to audit the reasons for denial.
So they decided to hastily cobble together legislation to prevent this perception.
The government demanded banks lower their credit standards and then dramatically increase their percentages of approvals. In return the government promised to back the loans. This was a wrong headed idea from the start.
Take a look at Canada. Housing prices have never fallen. Why? Because Canadian federal government stayed out of the housing market.

 

[Chris]

You can't change reality with lies Republicans....

 

[bigrebnc1775]

You can't change reality with lies Republicans....

Online advertisers? need help to work in India china India Great argument there chris.

 

[uscitizen]

Many of those "advertised" job openings are bogus.

 

[KissMy]

Many of those "advertised" job openings are bogus.

Right about that! There sources are sketchy.

But hey this months jobs numbers were heading in the right direction regardless of the UE rate, so they can brag a little. They are going to have to at least triple these jobs monthly jobs numbers to make a big enough dent in the unemployed by the election. Good luck with that.

 

[Chris]

It's fun to watch the right try to spin all the good economic news.

WASHINGTON (MarketWatch) — U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.

Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

 

[Chris]

"Online advertised vacancies rose 438,000 in January to 4,273,000 according to The Conference Board Help Wanted Online (HWOL) Data Series released today. With the January increase, labor demand has risen 1.44 million since the series low point in April 2009 (see chart). This increase now offsets approximately 80% of the 1.76 million drop in ad volume during the 2-year downturn period from April 2007 through April 2009."

CARPE DIEM: There's Hope: Online Job Demand Rises Above Pre-Recession Levels: Highest Since June 2007

 

[KissMy]

It's fun to watch the right try to spin all the good economic news.

WASHINGTON (MarketWatch) — U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.

Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

The pace is way to slow to help your Messiah by election time.

 

[The T]

It's fun to watch the right try to spin all the good economic news.

WASHINGTON (MarketWatch) — U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.

Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

The pace is way to slow to help your Messiah by election time.

Unless the numbers are cooked again between now and then.

 

[uscitizen]

Many of those "advertised" job openings are bogus.

Right about that! There sources are sketchy.

But hey this months jobs numbers were heading in the right direction regardless of the UE rate, so they can brag a little. They are going to have to at least triple these jobs monthly jobs numbers to make a big enough dent in the unemployed by the election. Good luck with that.

Also many jobs are advertised only due to govt regulations for govt contractors and suppliers or corporate rules.
Many of them already are a shoe in for a certain person.

 

[uscitizen]

It's fun to watch the right try to spin all the good economic news.

WASHINGTON (MarketWatch) — U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.

Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

The pace is way to slow to help your Messiah by election time.

Messiah? Santorum?

 

[KissMy]

It's fun to watch the right try to spin all the good economic news.

WASHINGTON (MarketWatch) — U.S. private-employment growth is picking up, according to data released Wednesday that showed payrolls rose in February for the 25th month.

Private-sector payrolls increased 216,000 on the month, led by the service-providing sector and small businesses, according to the February labor-market report from payrolls-processor Automatic Data Processing Inc. Over the last three months, gains have averaged 223,000, compared with a monthly average of 156,000 for 2011.

Private-employment growth picking up - Economic Report - MarketWatch

The pace is way to slow to help your Messiah by election time.

Unless the numbers are cooked again between now and then.

14 million people need jobs & if they hire every month at their fastest rate since Obama took office they won't even get 1.5 million back to work by the election. They are barely ahead of the pace that population growth adds new workers to the work force. It is completly laughable.

 

[The T]

The pace is way to slow to help your Messiah by election time.

Unless the numbers are cooked again between now and then.

14 million people need jobs & if they hire every month at their fastest rate since Obama took office they won't even get 1.5 million back to work by the election. They are barely ahead of the pace that population growth adds new workers to the work force. It is completly laughable.

2 million jobs don't exist any longer under Obama...YOU won't hear that in the Leftist Media.

 

[KissMy]

Unless the numbers are cooked again between now and then.

14 million people need jobs & if they hire every month at their fastest rate since Obama took office they won't even get 1.5 million back to work by the election. They are barely ahead of the pace that population growth adds new workers to the work force. It is completly laughable.

2 million jobs don't exist any longer under Obama...YOU won't hear that in the Leftist Media.

Yeah - Those 2 million were adjusted out of their headline UE rate. It may come back to bite them before the election if these people start to actively seek employment again. The unadjusted employment to population rate does count these people & it is slowly ticking in the right direction for the last 6 months but it is so slight in the grand scheme of the disaster that it will screw them if they try to run on a jobs theme. They have boxed themselves in after pounding their chest about jobs creation for the past 4 years. They can't spin people who are out of work or are supporting friends & family who are out of work with a meaningless headline UE number.

This EMRATIO chart below is the most accurate depiction of the jobs situation. You can vividly see the disaster the Obamacrats created when they took power in 2007. The 6 months of positive jobs growth is barely even noticeable at the end.