Unemployment Rate Falls to 8.6%...

Discussion in 'Economy' started by mal, Dec 2, 2011.

  1. mal
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    mal Diamond Member

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  2. Douger
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    Douger BANNED

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  3. Trajan
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    Trajan conscientia mille testes

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    The jobless rate drop to 8.6%, is matched by a 0.2% decline in the labor participation rate. The amount of workers dropped 315K from October while the number of people out of the labor force jumped 487K. We need approx. 135-50K jobs a month to match expansion of new entrants into the work force.

    This is a sleepwalking number and frankly on the anemic side, lets see if the revise it up next month because if this is it, ala adding in the holiday hiring, its actual a terrible number.

    It will be rah rahed by the [​IMG] here (at USMB as Mal alluded who will be along later), based on the usual slight of hand Government self promotion as to how they express a segment of the economy. I heard the temp hiring was decent but nothing to write home about.
     
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  4. Trajan
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    Trajan conscientia mille testes

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  5. JimH52
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    JimH52 Gold Member

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    DANGER DANGER WILL ROBINSON! What can the GOP do to through a wrench in the improvement? This is NOT good for the Repubs!

    GO NEWT!
     
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  6. mal
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    mal Diamond Member

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    It's the Generational Correction doing what it was going to do regardless of who was President.

    Barry repeated and expanded EVERYTHING Boooooooooooosh did, you fucking Dingleberry.

    :)

    peace...
     
  7. techieny
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    techieny Conservative Supporting Member

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  8. Baruch Menachem
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    Baruch Menachem '

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    The way things have been since September of 2008, I celebrate every improvement. And I think we are seeing improvement. I would argue it is in spite of what the clowns in DC are doing, rather than because of it.

    As Trajan pointed out, some of the improvement comes from the way statistics are compiled. My unemployment ran out, so I am no longer unemployed. Even though I am worse off by 300 per week and still not working
     
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  9. Skull Pilot
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    Skull Pilot Platinum Member

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  10. Skull Pilot
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    Skull Pilot Platinum Member

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