The True Labor Participation!!!

[SassyIrishLass]

Th U-6 is at 11%. The majority of these new jobs are low paying. Obamacare is reeking havoc on the middle class and healthcare in the US. Foreign policy is a joke and we're drowning in debt.

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U-6 is a stat that's rarely used in business, by the government, or in academics. Its ALWAYS higher than U-3, under Bush, under Reagan, under any president. And preliminary unemployment stats are almost always revised. That's why they're called preliminary. Preliminary stats are revised under EVERY administration.

So much for you pudding.

You spin me right round...

 

[SassyIrishLass]

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U3 has never been revised.

Preliminary U-3 numbers are regularly revised when the final numbers come out. Sometimes up. Sometimes down. Its the nature of preliminary stats. And they're revised under every administration.

You trying to get your post count up? You're repeating yourself, motormouth

 

[Skylar]

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U-6 is a stat that's rarely used in business, by the government, or in academics. Its ALWAYS higher than U-3, under Bush, under Reagan, under any president. And preliminary unemployment stats are almost always revised. That's why they're called preliminary. Preliminary stats are revised under EVERY administration.

So much for you pudding.

You spin me right round...

I'm just much better informed on this topic that you are. Which is how I can spot your bullshit so quickly.

Every administration revises preliminary stats when the final stats arrive.

So?

 

[g5000]

When overwhelmed with facts, I put them on Ignore!

 

[SassyIrishLass]

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U-6 is a stat that's rarely used in business, by the government, or in academics. Its ALWAYS higher than U-3, under Bush, under Reagan, under any president. And preliminary unemployment stats are almost always revised. That's why they're called preliminary. Preliminary stats are revised under EVERY administration.

So much for you pudding.

You spin me right round...

I'm just much better informed on this topic that you are. Which is how I can spot your bullshit so quickly.

Every administration revises preliminary stats when the final stats arrive.

So?

Think what you wish, it makes little difference to me what a left loon spews

 

[AceRothstein]

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U3 has never been revised.

Preliminary U-3 numbers are regularly revised when the final numbers come out. Sometimes up. Sometimes down. Its the nature of preliminary stats. And they're revised under every administration.

I don't believe the household data, which the unemployment rate comes from, is ever revised. The establishment data, which the jobs added/lost come from, is revised for the prior two months in each release.

 

[Skylar]

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U-6 is a stat that's rarely used in business, by the government, or in academics. Its ALWAYS higher than U-3, under Bush, under Reagan, under any president. And preliminary unemployment stats are almost always revised. That's why they're called preliminary. Preliminary stats are revised under EVERY administration.

So much for you pudding.

You spin me right round...

I'm just much better informed on this topic that you are. Which is how I can spot your bullshit so quickly.

Every administration revises preliminary stats when the final stats arrive.

So?

Think what you wish, it makes little difference to me what a left loon spews

You can't even explain your own made up controversy.

Every administration revises preliminary stats when the final stats arrive.

So what?

 

[Faun]

I suppose you could tell us what the true situation is?

Th U-6 is at 11%. The majority of these new jobs are low paying. Obamacare is reeking havoc on the middle class and healthcare in the US. Foreign policy is a joke and we're drowning in debt.

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

What do you mean, revised?

 

[Faun]

Th U-6 is at 11%. The majority of these new jobs are low paying. Obamacare is reeking havoc on the middle class and healthcare in the US. Foreign policy is a joke and we're drowning in debt.

The Unemployment Rate is U-3....and has been for decades.

Obviously you're no economist, people who deal in it look at the U6

The Bureau of Labor Statistics cites the U-3 as the official unemployment rate, as do most economists when citing the unemployment rate. The NBER, the organization that officially clocks recessions and expansions cites U-3. When virtually any economist cites the unemployment rate, they're citing U-3. Virtually every trading website and business analysis website on the web sites U-3 for unemployment numbers. U-3 is the standard and has been for decades.

The U-6 is rarely used.

Why would we suddenly switch to the U-6? Because its convenient to your argument?

As I said, anyone paying attention uses the U6. How many times has the U3 been revised under this administration? The proof is in the pudding

The U-6 is a stat that's rarely used in business, by the government, or in academics. Its ALWAYS higher than U-3, under Bush, under Reagan, under any president. And preliminary unemployment stats are almost always revised. That's why they're called preliminary. Preliminary stats are revised under EVERY administration.

So much for you pudding.

The unemployment rate is almost never revised.

 

[LoneLaugher]

The chart in the OP suggests that the 50's and 60's had a lower LPR than we have now.

Most nutters want to return to the way we did things in the 50's. When. TV was black and white.....just like the water fountains.

This is a conundrum.