More economic good news, unemployment rate drops to 8.6%

If you economy trashing cons would take ONE minute to think about this you would realise its not just dems saying the report is good news.

It is however ONLY cons claiming it is bad news.
 
Seasonal adjustments aren't spin and politics. They're a way to fairly represent time-series data. If you want the raw numbers, that information is readily available from the BLS in the same report.

I guess neither are the exclusions etc.... the more variables, the more you can paint whatever picture you want.... and it don't matter the political affiliation, either

Oh... and try to remember that 'fair' is subjective

What in the world are you talking about? It's a simple regression model, and the seasonal adjustment probably involves three or four variables. You could run it on an abacus.

And "fair" as I used it is not subjective - time series data is fairly represented if you remove biasing data.

KISS...

Number in the adult population.. Number of the adult population employed.. number of the adult population not employed.... the other variables can be used, and are used to skew statistics to send whatever message is intended... maybe it don't make everyone 'feel' nice to know the raw truth, but IMHO it is better than the fluff we get that you have to weed thru to get to the raw truth

Stop counting these ones, stop counting those ones, adjust for this time of the year, adjust for that time of the year, correct calculations later and don't publicize it like you publicized originally, etc... **** that shit... like I said, it all comes down to changing perception... and all parties in government do it
 
you are correct.

No, she is not correct - she's full of shit.

No president since Lincoln has faced what George W. Bush did. For one thing the press coddles and covers for Obama, for another, the right isn't capable of the level of hatred that is the foundation of the left.

125107023674.jpg


You'll NEVER see anything like that about Obama.

The question is why is that?

It isn't - you are analyzing a falsehood of your own creation - a straw man.

I wonder how he would be doing with the other side if he did not say "I won" and acted that way when he had a mjority in both houses.

Obama forced Fascist Care on America, despite the overwhelming opposition to it.

Not saying it would have necessarily been any different......but we know it couldnt have helped him any either.

Are you suggesting that congress be dissolved so that Obama can rule without impediment?
 
If you are riding at the front of a train that is travelling 100 mph and you shoot a bullet that normally travels 100mph in the same direction that the train is moving, how fast will the bullet travel?
 
If you are riding at the front of a train that is travelling 100 mph and you shoot a bullet that normally travels 100mph in the same direction that the train is moving, how fast will the bullet travel?

100 mph, what the ****'s the point?
 
If you are riding at the front of a train that is travelling 100 mph and you shoot a bullet that normally travels 100mph in the same direction that the train is moving, how fast will the bullet travel?

100 MPH.

Unless some idiot gets in the way.
 
It would be great news if it held up.

I don't htink it will though. Too bad.

Once the holidays are over we'll see where UE stands.
 
Sure. We start with the following situation: 4 people don't have a job.

After this report, we are in the following situation: 3 people don't have a job. 1 person does have a job.

Math is hard...

The fact is that 12 people don't have a job, 1 gets a job and 3 give up looking, to BLS thinking, that leaves 8 without a job. dims claim it's a big win. Barry and the cover wife go dancing...
 
No, it's as if you have x-number of debt, and wheter or not you stop counting any of it, you took some of it away ($120k) but didn't add any.

Ok, let me get this straight... in period A there are 1,000,000 unemployed people. In period B we employ 100,000 and decide not to count 300,000 and we now proudly proclaim unemployment fell to 600,000?

Please tell me you're kidding.

:lol:

No, false, wrong, misinterpreted, stupid as shit, doesn't know how to read, etc. etc.

In period A: 1, 000, 000 unemployed.

We employ 100, 000.

Wether or not we stay counting the 300, 000

People without jobs went from 1, 000, 000 . to 900, 000.


wether or not we stay counting the 300, 000 ................ unemployment has decreased by 100, 000, but you stated it has not because of the 300, 000 being taken out of the percentage of the unemployed.

that is wrong, on its face. the real number, when throwing the 300, 000 back onto the roles as "unemployed," still decreased by 100, 000.


(even thought it's 120 and 315.)

G.T. allow me to fix your statement.....

No, false, wrong, misinterpreted, stupid as shit, doesn't know how to read, etc. etc.

In period A: 1, 000, 000 unemployed.

We employ 100, 000.

100,000 new people enter the workforce.

Wether or not we stay counting the 300, 000

People without jobs went from 1, 000, 000 . to remaining at 1,000,000.

wether or not we stay counting the 300, 000 ................ unemployment has stayed the same but since we are taking 300,000 out of the equation it looks better when reflected as a percentage.
 
Seems like only yesterday, or the day before, that happy campers were not out looking for work, but were sitting the whole thing out(?)!

"Crow, James Crow: Shaken, Not Stirred!"
(Hmmmm!)
 
I guess neither are the exclusions etc.... the more variables, the more you can paint whatever picture you want.... and it don't matter the political affiliation, either

Oh... and try to remember that 'fair' is subjective

What in the world are you talking about? It's a simple regression model, and the seasonal adjustment probably involves three or four variables. You could run it on an abacus.

And "fair" as I used it is not subjective - time series data is fairly represented if you remove biasing data.

KISS...
Nah, I was more of a Black Sabbath fan myself.


Number in the adult population.. Number of the adult population employed.. number of the adult population not employed.... the other variables can be used, and are used to skew statistics to send whatever message is intended... maybe it don't make everyone 'feel' nice to know the raw truth, but IMHO it is better than the fluff we get that you have to weed thru to get to the raw truth

The raw truth is readily available.
 
Sure. We start with the following situation: 4 people don't have a job.

After this report, we are in the following situation: 3 people don't have a job. 1 person does have a job.

Math is hard...

The fact is that 12 people don't have a job, 1 gets a job and 3 give up looking, to BLS thinking, that leaves 8 without a job.

No, it doesn't. To simpletons who don't understand the BLS methodology or the datasets they produce, it leaves 8 without a job.
 
If you are riding at the front of a train that is travelling 100 mph and you shoot a bullet that normally travels 100mph in the same direction that the train is moving, how fast will the bullet travel?

100 MPH.

Unless some idiot gets in the way.

Isn't it 200 mph, relative to someone on the ground? And 100 mph relative to someone on the train?

Happy Friday, everyone! Life is too short to drink cheap wine.
 
15th post
Sure. We start with the following situation: 4 people don't have a job.

After this report, we are in the following situation: 3 people don't have a job. 1 person does have a job.

Math is hard...

The fact is that 12 people don't have a job, 1 gets a job and 3 give up looking, to BLS thinking, that leaves 8 without a job.

No, it doesn't. To simpletons who don't understand the BLS methodology or the datasets they produce, it leaves 8 without a job.


Wrong. It leaves 11 without a job.

How ******* stupid are you leftwing tards?
 
Math is hard...

The fact is that 12 people don't have a job, 1 gets a job and 3 give up looking, to BLS thinking, that leaves 8 without a job.

No, it doesn't. To simpletons who don't understand the BLS methodology or the datasets they produce, it leaves 8 without a job.


Wrong. It leaves 11 without a job.

How ******* stupid are you leftwing tards?

Speaking of stupid, read what I wrote and what I was responding to. You'll notice that, despite your inability to comprehend what I wrote, we agree:lol:
 
No, it doesn't. To simpletons who don't understand the BLS methodology or the datasets they produce, it leaves 8 without a job.


Wrong. It leaves 11 without a job.

How ******* stupid are you leftwing tards?

Speaking of stupid, read what I wrote and what I was responding to. You'll notice that, despite your inability to comprehend what I wrote, we agree:lol:

You just said it leaves 8 without a job. Now you're saying it leaves 11 without a job?

Apparently you are unable to post simple comprehensible English sentences.
 
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