Unemployment Rate Falls To 8.1 Percent As People Give Up On Looking For Work

Nova78

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Dec 19, 2011
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The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:

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Obama and the morons that support him think this is great. The more people that are dependent upon government the better. Can they create enough dependents before November?
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:
And mind-numbed fools will consider it the truth.

Why should retired people and the disabled people be counted as IN the workforce????
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:

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Wait for the obama howlers saying that doesn't mean a thing. and attack you because you don't like that the unemployment rate dropped.:lol:
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:

View attachment 20044

View attachment 20045

View attachment 20046

Wait for the obama howlers saying that doesn't mean a thing. and attack you because you don't like that the unemployment rate dropped.:lol:
Remember how CON$ used to tell us that only the Gallup poll was an accurate when he was higher than the BLS??? I wonder why CON$ no longer post Gallup's daily unemployment numbers???? Could it be because Gallup has UE at 7.9%???

Gallup Daily: U.S. Employment
 
At this point if you believe UE is getting better it's like admitting your stupid. At this point we could create 47 jobs in a month and UE would literallly stay the same with a 75% chance of going down.
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:

View attachment 20044

View attachment 20045

View attachment 20046

Wait for the obama howlers saying that doesn't mean a thing. and attack you because you don't like that the unemployment rate dropped.:lol:
Remember how CON$ used to tell us that only the Gallup poll was an accurate when he was higher than the BLS??? I wonder why CON$ no longer post Gallup's daily unemployment numbers???? Could it be because Gallup has UE at 7.9%???

Gallup Daily: U.S. Employment

Why would I look at a poll VS hard numbers? I mean, why? The only point you have is "look at what a conservative POLLING agency has to say." That’s like comparing polling of an election to the actual election numbers. Here we don’t even have but 80k jobs created, UE should have gone up and yet somehow it managed to go down… How is that possible, can you tell me?

Think how great Bush's UE numbers would have been if he could subtrack 300,000-400,000 people a month? That's all Obama is doing.
 
wacking your doodles in a circle doesnt change the facts.

The baby boomers were expected to start retiring by any sane look at the data.

gee imagine that they boomers are getting old enough to retire and that same group that has dominataed all the numbers since they days they began to be born are doing the same thing in old age.


Now the right is blaming Obama for a generation buldge that happened well before he himself was born.
 
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wacking your doodles in a circle doesnt change the facts.

The baby boomers were expected to start retiring by any sane look at the data.

gee imagine that they boomers are getting old enough to retire and that same group that has dominataed all the numbers since they days they began to be born are doing the same thing in old age.


Now the right is blaming Obama for a generation buldge that happened well before he himself was born.

TM: How to Deal With Impossible People: 14 steps - wikiHow

Some highlight that I think every person on these boards have come to know as true about TM. TM is a “impossible person.”

“Do not call them out because it will frustrate them. They could become more difficult, but just stand your ground and be confident.”

“Realize that you cannot deal with impossible people the same way you deal with everyone else. In some ways, they need to be treated like children. Give up all hope of engaging these folks in any kind of reasonable conversation. It will never happen, at least with you. Remember what happened the last fifty times you tried to have a civilized discussion about the status of your relationship with this person. Chances are, every such attempt ended in you being blamed for everything. Decide now to quit banging your head against a brick wall.”

“Protect your self-esteem. If you have regular dealings with someone who tries to portray you as the source of all evil, you need to take active steps to maintain a positive self-image. Remind yourself that this person's opinion is not necessarily the truth. Understand that oftentimes, impossible people are particularly "fact-challenged." If the attacks have little basis in raw fact, dismiss them. You can't possibly be as bad as this person would like you to believe you are. Do not defend yourself out loud, however. It will only provoke the impossible person into another tirade.”

“Give up self-defense. Understand very clearly that you cannot beat these kinds of people; they're called "impossible" for a reason. In their minds, you are the source of all wrongdoing, and nothing you can say is going to make them consider your side of the story. Your opinion is of no consequence, because you are already guilty, no matter what.”

“Realize that impossible people engage in projection. Understand that you are going to be accused of much (or all) of this behavior yourself. If your impossible person gets a look at this text, to them it will look like a page about you. Prepare yourself for the fact that the impossible person's flaws and failings will always be attributed to you. Remember, in their minds, you are at fault for everything! They will have an endless supply of arguments to support this, and if you make the mistake of encouraging them, they will be more than happy to tell you why you are the impossible person, and how ironic it is that you are under the mistaken impression that it is them.”
 
Wait for the obama howlers saying that doesn't mean a thing. and attack you because you don't like that the unemployment rate dropped.:lol:
Remember how CON$ used to tell us that only the Gallup poll was an accurate when he was higher than the BLS??? I wonder why CON$ no longer post Gallup's daily unemployment numbers???? Could it be because Gallup has UE at 7.9%???

Gallup Daily: U.S. Employment

Why would I look at a poll VS hard numbers? I mean, why? The only point you have is "look at what a conservative POLLING agency has to say." That’s like comparing polling of an election to the actual election numbers. Here we don’t even have but 80k jobs created, UE should have gone up and yet somehow it managed to go down… How is that possible, can you tell me?

Think how great Bush's UE numbers would have been if he could subtrack 300,000-400,000 people a month? That's all Obama is doing.
Ed is one of the worst one defending how obama's labor department skews the unemployment numbers.
 
wacking your doodles in a circle doesnt change the facts.

The baby boomers were expected to start retiring by any sane look at the data.

gee imagine that they boomers are getting old enough to retire and that same group that has dominataed all the numbers since they days they began to be born are doing the same thing in old age.


Now the right is blaming Obama for a generation buldge that happened well before he himself was born.

Yes baby boomers were expect to retire, thing is a large portion of baby boomers have not retired or have retired and returned back to work.
 
Wait for the obama howlers saying that doesn't mean a thing. and attack you because you don't like that the unemployment rate dropped.:lol:
Remember how CON$ used to tell us that only the Gallup poll was an accurate when he was higher than the BLS??? I wonder why CON$ no longer post Gallup's daily unemployment numbers???? Could it be because Gallup has UE at 7.9%???

Gallup Daily: U.S. Employment

Why would I look at a poll VS hard numbers? I mean, why? The only point you have is "look at what a conservative POLLING agency has to say." That’s like comparing polling of an election to the actual election numbers. Here we don’t even have but 80k jobs created, UE should have gone up and yet somehow it managed to go down… How is that possible, can you tell me?

Think how great Bush's UE numbers would have been if he could subtrack 300,000-400,000 people a month? That's all Obama is doing.
Gallup polls or surveys households just like the BLS to get his "hard numbers." CON$ have been saying only Gallup is accurate because he does not adjust the hard numbers, so the accurate UE number is 7.9%.
 
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Remember how CON$ used to tell us that only the Gallup poll was an accurate when he was higher than the BLS??? I wonder why CON$ no longer post Gallup's daily unemployment numbers???? Could it be because Gallup has UE at 7.9%???

Gallup Daily: U.S. Employment

Why would I look at a poll VS hard numbers? I mean, why? The only point you have is "look at what a conservative POLLING agency has to say." That’s like comparing polling of an election to the actual election numbers. Here we don’t even have but 80k jobs created, UE should have gone up and yet somehow it managed to go down… How is that possible, can you tell me?

Think how great Bush's UE numbers would have been if he could subtrack 300,000-400,000 people a month? That's all Obama is doing.
Gallup polls or surveys households just like the BLS to get his "hard numbers." CON$ have been saying only Gallup is accurate because he does not adjust the hard numbers, so the accurate UE number is 7.9%.


In fact unemployment is 12% if you count the folks who quit looking after BO took over!

It must be easy to get discouraged about finding a job in business when you have the most anti-business president in American history
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:
And mind-numbed fools will consider it the truth.

Why should retired people and the disabled people be counted as IN the workforce????

8.1% is bad enough without the usual suspects silly embellishments.
 
The decline was mainly due to 342,000 people leaving the labor force, meaning the BLS had stopped counting them as unemployed. The number of employed people in the nation actually fell by 169,000.

About 12.5 million people are still unemployed, and a record 88.4 million people are considered "not in the labor force," according to the BLS. The labor-force participation rate -- the percentage of the work-age population either working or looking for work -- dropped to 63.6 percent, the lowest since December 1981.

"It's hard to see the good news here," David Semmens, senior U.S. economist at Standard Chartered, wrote in a research note.

Obama will consider this a success.......:clap2::clap2:
And mind-numbed fools will consider it the truth.

Why should retired people and the disabled people be counted as IN the workforce????

8.1% is bad enough without the usual suspects silly embellishments.

It's an embellishment to say unemployment is 8.1% Hell it's an embellishment to say unemployment is below 10 %
 
Due to 2008, the percentage of the (working age) population employed fell -5%. From 2009-2011, with Pres. Obama in office, that percentage has stabilized. Pres. Obama may not have made things better; he has not made things worse.

I don't know what you have been smoking but things are worse now than before obama took over. At least 64 million Americans are on food stamps. thats a records.
 
Actually, for the past 29 months, there has been steady job growth.
Growth has slown to unacceptable levels.

In this chart, we've added a logarithmic trend line. Note that starting at around June of 2010, the curve gets flat. This is unacceptable.
tooflat.png



You can thank the Republicans taking the majority in Congress in November of 2010.

The steady job growth over the past year is thanks to the Republicans taking majority control in November 2010:
GOPleadership.png
 

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