Unemployment rates fall in two-thirds of US states

[edthecynic]

And CON$ are pissed!!!

Unemployment rates fall in two-thirds of US states - Boston.com

WASHINGTON—Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.

And in many states, unemployment has fallen well below the national average, which was 8.1 percent last month. Rates were lower than 7 percent in 22 states in April. That compares to only 13 states in April 2011.

The Labor Department said Friday that unemployment rates dropped in 37 states in April, the most in three months. Unemployment rose in 5 states and was unchanged in eight.

Nationally, the unemployment rate has fallen a full percentage point since August. Employers have added a million jobs over the past five months, although the pace of hiring slowed in March and April.

 

[iamwhatiseem]

According to folks like edthecynic....

Scenario 1 - 100 people have jobs, 25 are unemployed.
Scenario 2 - 95 people have jobs, 30 are unemployed, of those 30 - 5 gave up and are living on less.

According to these halfwits...Scenario 2 is better than scenario 1

 

[TakeAStepBack]

How many dropped out of the labor force?

 

[Truthmatters]

How many are wealthy fucks threatening to leave the country if we dont meet their demands?

 

[TakeAStepBack]

What?

 

[iamwhatiseem]

What?

She must be drunk again...at least you hope.

 

[edthecynic]

According to folks like edthecynic....

Scenario 1 - 100 people have jobs, 25 are unemployed.
Scenario 2 - 95 people have jobs, 30 are unemployed, of those 30 - 5 gave up and are living on less.

According to these halfwits...Scenario 2 is better than scenario 1

If YOU can put words in my mouth then I can do the same to you.

Scenario 1 - 100 people have jobs, 25 are unemployed.
Scenario 2 - 95 people have jobs, 25 are unemployed, 5 Boomers retired.

According to these halfwits like YOU...in Scenario 2, DISCOURAGED workers increased by 5 and nobody retired.

 

[edthecynic]

How many dropped out of the labor force?

Most of the people dropping out of the labor force are retiring Boomers. Are you saying the American people are not FREE to retire and must work until they drop dead on the job?

 

[TakeAStepBack]

Link to "most of the people dropping out of the labor force are retiring boomers"?

 

[iamwhatiseem]

Link to "most of the people dropping out of the labor force are retiring boomers"?

Don't hold your breath...all he will find is Kool-Aid articles with no data.
As soon as he/she looks into it and realizes that retired people ARE NOT A PART OF THE JOB PARTICIPATION RATE...he will sly away for another day.

 

[edthecynic]

Link to "most of the people dropping out of the labor force are retiring boomers"?

A-38. Persons not in the labor force by desire and availability for work, age, and sex

As you can see 71% of the people leaving the workforce over the past year were 55 and older.

 

[edthecynic]

Link to "most of the people dropping out of the labor force are retiring boomers"?

Don't hold your breath...all he will find is Kool-Aid articles with no data.
As soon as he/she looks into it and realizes that retired people ARE NOT A PART OF THE JOB PARTICIPATION RATE...he will sly away for another day.

Retired people are PART of the denominator that the participation rate calculated from.

 

[bigrebnc1775]

If I was president and running for re-election and controlled the labor department the numbers would be much lower.

 

[bigrebnc1775]

Link to "most of the people dropping out of the labor force are retiring boomers"?

He will not show you I have asked him that many times. He will give a link that only shows a percentage but not the actual numbers of retiring baby bommers

 

[bigrebnc1775]

Link to "most of the people dropping out of the labor force are retiring boomers"?

A-38. Persons not in the labor force by desire and availability for work, age, and sex

As you can see 71% of the people leaving the workforce over the past year were 55 and older.

age 55 is not retirement age try again.

 

[Dont Taz Me Bro]

According to these halfwits like YOU...in Scenario 2, DISCOURAGED workers increased by 5 and nobody retired.

Where is your evidence that isn't the case? How do you know those people who "retired" didn't do so out of frustration and would have stayed in the work force had the economy been better?

 

[edthecynic]

Link to "most of the people dropping out of the labor force are retiring boomers"?

A-38. Persons not in the labor force by desire and availability for work, age, and sex

As you can see 71% of the people leaving the workforce over the past year were 55 and older.

age 55 is not retirement age try again.

 

[Zander]

I truly wish the job picture were stronger- but unfortunately, thanks in large measure to Obama's incoherent economic policies and class warfare strategies, it's not. Hopefully we can get this dilettante with a mysterious past the hell out of the White House and implement sane fiscal policies that reward success and foster economic growth.


Obama ass sniffers can take comfort in that he has created a few new jobs- mainly for fact checkers who are digging into the tangled maze of lies he's told over the years.....

 

[uscitizen]

Unemployment rates fall in two-thirds of US states

It's Obama's fault!

 

[edthecynic]

According to folks like edthecynic....

Scenario 1 - 100 people have jobs, 25 are unemployed.
Scenario 2 - 95 people have jobs, 30 are unemployed, of those 30 - 5 gave up and are living on less.

According to these halfwits...Scenario 2 is better than scenario 1

According to these halfwits like YOU...in Scenario 2, DISCOURAGED workers increased by 5 and nobody retired.

Where is your evidence that isn't the case? How do you know those people who "retired" didn't do so out of frustration and would have stayed in the work force had the economy been better?

The same way I knew the "halfwit" above was full of shit when he claimed that all of the 5 who left the workforce "gave up."
A-38. Persons not in the labor force by desire and availability for work, age, and sex
The BLS keeps track of discouraged workers, whose numbers are decreasing BTW, and while 2.631 million left the workforce from April 2011 to 2012 the number of discouraged workers DECLINED by 21 thousand for the same period!!!!