- Feb 22, 2017
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Very good you found the graph showing labor participation rate.
and you will notice it is down.
Yes, it is down...but not at historic lows as was the fake claim.
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Very good you found the graph showing labor participation rate.
and you will notice it is down.
Yes, it is down...but not at historic lows as was the fake claim.
Listen friends, there is no way on this planet that this new jobs report is true. NO WAY!!!
Trump gave us the lowest unemployment in 50 years thanks to common sense pro growth policies and competitive tax rates
May 3, 2019 - from NPR
Of course, after that came Covid, then came insane Democrat shutdowns that destroyed the economy.
There is no way in heck that Marxist Biden and his destructive polices have achieved this new headline today::
Yahoo Finance: Weekly jobless claims total 199,000, reaching the lowest since 1969
NO! No how, no way, in no reality is this possible
This is the winning issue for the GOP and the Left is manufacturing a LIE because they know they are going to be destroyed in the midterms.
This is a lie on the scale of Russia Collusion.
Robert Frick, corporate economist at Navy Federal Credit Union, says:
"The drastic drop in weekly jobless claims reeks of seasonal adjustment noise, especially considering the unadjusted number rose by 18,000.
Especially with COVID-19 cases rising, a drop seven times the recent average seems highly unlikely."
To get the complete picture from unemployment stats, you also have to consider the labor participation statistics. The latter has continued to decline.
Lakhota is one of the forum lunatics. It's uncanny, any time you see a post where Lakhota gave a thumbs down rating, it's guaranteed to be a 100% factually accurate post. Her thumbs down rating is like a reverse fact check...you can bank on that post being absolutely true.Somebody take this person to the insane asylum
Lol, ok shortbus. Get your tin hat on they are trying to melt your mind! HilariousWarren Commission. Nuff' said.
Stuff your government reports.
Oh excuse me I was not going back to the Korean War. How far back do you want to go on every sentence? Would Civil war be alright? Dawn of man?Yes, it is down...but not at historic lows as was the fake claim.
Oh excuse me I was not going back to the Korean War. How far back do you want to go on every sentence? Would Civil war be alright? Dawn of man?
Sorry I hurt your partisan feelings. I will correct it to say in the last forty years.
We'll all need 2 jobs to afford Biden's inflation.
I see you want to try and pretend you are not partisan got itSorry that being accurate is such a problem for you, but that is a problem with most partisan sheep like you.
Lakhota is one of the forum lunatics. It's uncanny, any time you see a post where Lakhota gave a thumbs down rating, it's guaranteed to be a 100% factually accurate post. Her thumbs down rating is like a reverse fact check...you can bank on that post being absolutely true.
Kamala Harris is a caricature of a character that has no reason except self importance. A tV show decades ago called SCTV had Eugene Levy playing a character called Bobby Bittman who laughed and was vacuous and took himself as self important. When in anything, he did what he had to...to stay relevant. Kamala is just that in D.C. SCTV.. And we are in the audience by force. The doors are locked to escape with the deep state federal law enforcement, spies, security, intelligence people guarding all the exits. And the lies...oh the lies....speak for yourself, we are doing great.
I believe your observation is correct. When you throw the Affordable Care Act in the mix, which released the bonds of insurance and work accelerating the pace of those leaving the workforce. Besides, I never understood the infatuation over the labor force participation rate. I mean this is a democracy, we don't have concentration camps with a sign over the entrance that says, "Arbeit Mach Frei". A high labor participation rate benefits only corporations and big businesses. The higher the participation rate, the greater the pool of labor and the lower the pay. Like linking the additional refundable child tax credit to a work requirement. WTF--it totally changes the program from one constructed to bring children out of poverty into a labor subsidy arrangement that allows employers to pay less for their workers.Occasionally, when viewing gross financial/economic statistics, one must open one's fucking eyes.
To say that the Unemployment Rate is extraordinarily low while the labor participation rate is declining, there is obviously "something going on here." The Unemployment Rate reflects a calculation where the denominator is the sum of those actually working and those actively looking for work. The numerator is the former number. So people who are neither working nor looking for work are not relevant to this statistic.
When this phenomenon occurred in the past, it was an indication that people had given up looking for work. There were few jobs available, and people simply reconciled themselves to unemployment, at least for a time. But this time, employers are BEGGING for people to come to work, offering unprecedented hourly rates for even the most menial jobs...and still no takers. So it does not appear to be the same phenomenon, where people have given up looking.
This time, the likely cause is that millions of families who were forced to scale back during the worst days of the Corona Virus bullshit have realized that they can live on one income, especially when that income is earned in the home (no commuting cost).
If this is true, then the relatively low unemployment rate is not a measure of the Government's success at bringing the economy back from the dead, so to speak; it is a social/economic phenomenon having nothing to do with government economic policy.
Hence, the President's minions are gilding the lily with talk of a successful program.
Lol, ok shortbus.
And in chimes someone from the idiot chorus to prove my point. Thanks, now go watch Beavis and Butthead.Idiot^^^
To get the complete picture from unemployment stats, you also have to consider the labor participation statistics. The latter has continued to decline. This is much like under Obama, when the unemployment rate declined but the labor participation rate also significantly declined, meaning the declining unemployment figure wasn't due to people getting jobs, but because they had stopped looking for work (a requirement for unemployment benefits) or were no longer eligible for unemployment benefits.
Jesus Christ, get over it. No president, NO FUCKING PRESIDENT, in the history of this country has been reelected with anything close to Trump's dismal approval ratings. Demographics are changing, old bellweather counties are exactly that, OLD. And young people, I repeat, YOUNG PEOPLE, had the highest participation rate in the presidential election as anytime in history. Most of them, well they happen to smart enough to figure Trump out for the self-absorbed, idiot, asshole that he is.I am sure that is all correct, but some things just don't wash and these numbers are one of them. I tell you they are way wrong.
Its like Biden supposedly winning the election despite these anomalies:
How do you win 81+m votes despite losing house seats in the bluest of areas, like New York and California? How did the down ballot races not translate anywhere close to Biden’s votes?
- How did Trump win African-American majority counties 9% to Biden’s 8%?
- How did he win Hispanic-majority counties by 39% to Biden’s 19%?
- How did Trump set GOP records with minority voters, not seen since the 1960’s?
- How did Trump INCREASE his votes between elections, by over 10.5m which is second or third historically, and almost never happens? Reagan increased his votes by more, in his 49 state landslide. Most US presidents LOSE votes between elections - Obama lost something like 4-5 million.
- How did Biden win the most amount of votes ever on record, yet win the election with the fewest amount of counties won, also a record?
- How did Trump lose the election, while carrying 99% of all Bellwether counties by an average of a 16-point margin? That many Bellwether counties being wrong on an election outcome is a statistical anomaly not ever seen on record.
- How did nursing home and hospice care centers boost voting by 90% in some urban areas, dramatically increasing the # of patients in them who vote, by a magnitude that’s also unprecedented and off the charts…
And on and on and on.
Remember all the people signing sworn declarations under penalty of perjury that their poll supervisors instructed them to allow voting in PA with no ID checks or requirements?
What about Nevada, which mailed out voting ballots to EVERY resident of the state, regardless of if they asked for one or had planned to vote in person?
What about Nevada mailing ballots to former residents who no longer even lived in Nevada?
What about rejection rates of ballots being 6x or more magnitude lower than usual, despite the unprecedented increase of mail-in votes because of the pandemic? How do you increase mail votes by a historic, never before seen number, yet the rejection rate of people filling them out inappropriately goes LOWER than ever before? How is that possible?
Excellent point. Trump gave us the lowest unemployment since LBJ , and if the Dems are to blame for the China virus screwing that up that would be the end of the Dems if the nation could be made to understand it
You're truly stupid if you believe that. OBAMA gave you the lowest unemployment numbers in generations. Trump simply took credit for it