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

[ABikerSailor]

But still...............there is positive job growth.


Much different than what Jr. was doing the last 2 years in office.

 

[bigrebnc1775]

But still...............there is positive job growth.


Much different than what Jr. was doing the last 2 years in office.

You said 29 months positive job growth, I don't think so. Hell just because it's obama you would say 1 job a month was positive job growth.

 

[Widdekind]

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.

things are worse now than before Obama took over

because of 2008, not because of Pres. Obama, who did not take office until 2009. From 2009-2011, the employment-to-population ratio has remained roughly the same, no worse, no better. If Pres. Obama is to be criticized, then (per said statistic) the criticism would be for not improving things more

 

[bigrebnc1775]

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.

things are worse now than before Obama took over

because of 2008, not because of Pres. Obama, who did not take office until 2009. From 2009-2011, the employment-to-population ratio has remained roughly the same, no worse, no better. If Pres. Obama is to be criticized, then (per said statistic) the criticism would be for not improving things more

Again here in 2012 it's worse now than it was in 2008 and the recession was supposed to have ended in july 2009 but thing still got worse even with the recession being over in 2009.
Do that clear up your spin act?

 

[pinqy]

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.

You don't seem to realize your numbers are from the April report. In the 2 months since then (June being the most recent data, Census is collecting the July data this week) the Labor Force has increased by 798,000 and the participation rate has gone up to 63.8%

And you're being misleading by claiming that the drop in the labor force was due to people no longer being counted as unemployed...about half the drop in the Labor Force from March to April was from Employed: people no longer employed but not looking for work. This includes retirements, people quitting for personal reasons, people going back to school, etc.

 

[Nova78]

Actually, for the past 29 months, there has been steady job growth.

Steady job growth ?

Flipping burgers for $8.00 an hour is not steady job growth....

 

[pinqy]

But still...............there is positive job growth.


Much different than what Jr. was doing the last 2 years in office.

You said 29 months positive job growth, I don't think so. Hell just because it's obama you would say 1 job a month was positive job growth.

Are you saying that +1 is actually negative? How does that math work?

 

[edthecynic]

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

But not as easy as a CON$ervoFascist lying about it. The BLS keeps track of the number of discouraged workers and when Bush left in Jan 2009 there were 734,000 discouraged workers and in June 2012 there were 821,000, hardly enough to raise UE 4 points. But assuming it does, then it did for Bush too so you must add 4 points to Bush's UE numbers.

 

[emptystep]

From the chart it looks like Obama is doing a good job. With everything that is going on in this country and around the world and we are starting to gain traction into a stronger future. Not too bad I would say. He's seems to be a pretty smart guy. The country might just do pretty well to keep him around for another 4 years.

 

[pinqy]

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

Please show your math and explain the methodological reasons you would include people who "quit looking." And expand on the "quit looking" category....would you include people who quit looking because they no longer wanted or were no longer able to accept a job?

 

[bigrebnc1775]

But still...............there is positive job growth.


Much different than what Jr. was doing the last 2 years in office.

You said 29 months positive job growth, I don't think so. Hell just because it's obama you would say 1 job a month was positive job growth.

Are you saying that +1 is actually negative? How does that math work?

It's not good if that's your argument.

 

[bigrebnc1775]

From the chart it looks like Obama is doing a good job. With everything that is going on in this country and around the world and we are starting to gain traction into a stronger future. Not too bad I would say. He's seems to be a pretty smart guy. The country might just do pretty well to keep him around for another 4 years.

Shut the fuck up.

 

[emptystep]

from the chart it looks like obama is doing a good job. With everything that is going on in this country and around the world and we are starting to gain traction into a stronger future. Not too bad i would say. He's seems to be a pretty smart guy. The country might just do pretty well to keep him around for another 4 years.

shut the fuck up.

Say, who did N.C. go for four years ago?

 

[bigrebnc1775]

:d

from the chart it looks like obama is doing a good job. With everything that is going on in this country and around the world and we are starting to gain traction into a stronger future. Not too bad i would say. He's seems to be a pretty smart guy. The country might just do pretty well to keep him around for another 4 years.

shut the fuck up.

Things are not like you said they are. You hope people would believe that but what you forget is they believe their wallet, more than any bullshit lie "obama is doing a good job."

 

[emptystep]

:d

shut the fuck up.

Things are not like you said they are. You hope people would believe that but what you forget is they believe their wallet, more than any bullshit lie "obama is doing a good job."

If you are not using your rifle why are the caps open? You'll get dust on the lenses.

 

[bigrebnc1775]

:d

Things are not like you said they are. You hope people would believe that but what you forget is they believe their wallet, more than any bullshit lie "obama is doing a good job."

If you are not using your rifle why are the caps open? You'll get dust on the lenses.

trollish deflection

 

[pinqy]

You said 29 months positive job growth, I don't think so. Hell just because it's obama you would say 1 job a month was positive job growth.

Are you saying that +1 is actually negative? How does that math work?

It's not good if that's your argument.

Didn't say it was good. But a + is positive and a - is negative. That's how it works. Jobs have been positive, but it hasn't been good.

 

[bigrebnc1775]

Are you saying that +1 is actually negative? How does that math work?

It's not good if that's your argument.

Didn't say it was good. But a + is positive and a - is negative. That's how it works. Jobs have been positive, but it hasn't been good.

1 job a month growth is not good it's bad very very bad.
Positive job growth would be like steps going up not like a saw blade teeth going up and down.

 

[pinqy]

It's not good if that's your argument.

Didn't say it was good. But a + is positive and a - is negative. That's how it works. Jobs have been positive, but it hasn't been good.

1 job a month growth is not good it's bad very very bad.

But it's still positive. And while bad, it's better than negative.

Positive job growth would be like steps going up not like a saw blade teeth going up and down.

Depends on whether the "down" parts are negative or just lower positive.

 

[GHook93]

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.......

And mind-numbed fools will consider it the truth.

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

LOL there are legitimate people leaving the work force, but the unemployment rate counts BREADWINNER who haven't had a job interview (many can't get one) as not in the work force! These are the most desperate unemployed workers, yet the UR counts them positively!