Unemployment falls to 7%

[blackhawk]

Unemployment generally falls this time of year due to the Christmas season the big question is how many people being hired are full time long term hires and how many are part time seasonal hires who will be let go after the first of the year?

 

[pinqy]

Unemployment generally falls this time of year due to the Christmas season the big question is how many people being hired are full time long term hires and how many are part time seasonal hires who will be let go after the first of the year?

Which is why the official numbers are seasonally adjusted to account for that. The unadjusted rate is 6.6%

 

[JakeStarkey]

A lot of yammering above.

We will have to wait for Jan and Feb to really know about seasonal impact.

The sad point of the figures is that those without work for more than six months now are facing a much harder time in getting work than those with less than six months off.

 

[Rshermr]

Unemployment generally falls this time of year due to the Christmas season the big question is how many people being hired are full time long term hires and how many are part time seasonal hires who will be let go after the first of the year?

Which is why the official numbers are seasonally adjusted to account for that. The unadjusted rate is 6.6%

You may have to explain to some of these knuckle draggers what seasonally adjusted is. But then, I am certain they do not want to understand. Maybe better to just let them continue with their happy thoughts.

 

[Zona]

Seasonal hiring, nothing more. After New Years it'll be right back in the toilet.

Didnt you assholes say the same thing mid last year? lololol

Every single time low unemployment numbers are announced, its the same shit with you guys.

Admit it, Obama is doing well here.

 

[Ava]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

It is great news for an Obama related economy. 41% of net new jobs in November were in government. ya think?!?!?!!?!?!?!?

41% of Net New Jobs in November Were in Government | CNS News

 

[Zona]

Seasonal hiring, nothing more. After New Years it'll be right back in the toilet.

Seasonal hiring?

Was the unemployment rate 7% in November 2012 also?

Was it? You're the one here pretending seasonal hiring is somehow a new, permanent employment boom.

See how many people are responding to this B.S.? They know the truth and know it's not worth it to argue with an idiot about it.

Bye.

You seem so familiar....

 

[bigrebnc1775]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

Troll post.
You are not this dumb RWngr.
I expect the idiots out there to praise employment figures, but you know better.
Numbers mean absolutely nothing when you ignore what makes up the data.
This makes you a tool. And why so many dismiss you

Very true

Our unemployment numbers dropping from 10.2% to 7% means nothing

After all.....The economy must fail

That is how obama has acted since he's been president.

The economy must fail

 

[pinqy]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

It is great news for an Obama related economy. 41% of net new jobs in November were in government. ya think?!?!?!!?!?!?!?

41% of Net New Jobs in November Were in Government | CNS News

Interesting. You see, there are 2 different surveys that are used in the Employment Situation: The Current Employment Survey, a survey of 557,000 worksite. It excludes agricultural workers, self-employed, and domestic servants. It's a survey of payrolls, and counts multiple jobholders for each job. October to November, jobs increased 203,000, and government jobs went up 7,000
The Current Population Survey is a survey of 60,000 households,. It.includes everyone the CES doesn't and counts multiple jobholders once. It is used for the Labor Force numbers, including unemployment. It is not preferred for employment because it's much less accurate.

Additionally, the survey periods are slightly different so the CES continued to count furloughed gov workers as employed in October. The CPS did count them as unemployed in October and employed in November.

So CNS chose the less accurate survey, not normally used for employment changes, which shows a return of thousands of Fed workers. The funny thing is that the numbers they use show 4 times the improvement that the official numbers do.

 

[Rshermr]

Seasonal hiring, nothing more. After New Years it'll be right back in the toilet.

Didnt you assholes say the same thing mid last year? lololol

Every single time low unemployment numbers are announced, its the same shit with you guys.

Admit it, Obama is doing well here.

Thing is, they want to see unemployment high. Which is why the repub house refused to push a single jobs bill or even a portion of one. And that would be based on the same mind set that all cons have. Because they all have nose rings to lead them to the beliefs that their masters are pushing. Which is to see obama fail, and gain control of politics to push more of their agenda for the wealthy.

Simple to understand. Because they are incapable of intelligent discussion.

 

[Rshermr]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

It is great news for an Obama related economy. 41% of net new jobs in November were in government. ya think?!?!?!!?!?!?!?

41% of Net New Jobs in November Were in Government | CNS News

Nice. CNS news Conservative news service, dipshit. Is that all you have is agenda. Must be nice to simply believe what you want to believe. Maybe I should post a piece from moveon.org. But then I never ever would, because I care about integrity. Look it up, dipshit. Jesus what a tool.

Lets see what an actual impartial source says, me boy/girl/it:

Total nonfarm payroll employment increased by 203,000 in November. Job growth averaged
195,000 per month over the prior 12 months.

In November, job gains occurred in
transportation and warehousing, health care, and manufacturing.

(See table B-1.)

Did you see anything about gov jobs there?? No???? Uh-oh.

Employment in transportation and warehousing rose by 31,000 in November, with gains
in couriers and messengers (+9,000), truck transportation (+8,000), warehousing and
storage (+5,000), and air transportation (+3,000).

Health care employment continued to increase over the month (+28,000). Job gains occurred
in home healthcare services (+12,000) and offices of physicians (+7,000), while nursing
care facilities lost jobs (-4,000). Job growth in health care has averaged 19,000 per
month thus far this year, compared with an average monthly gain of 27,000 in 2012.

In November, manufacturing added 27,000 jobs. Within the industry, job gains occurred in
food manufacturing (+8,000) and in motor vehicles and parts (+7,000).

In November, employment in professional and business services continued to trend up
(+35,000). Over the prior 12 months, the industry added an average of 55,000 jobs per
month.

Retail trade employment also continued to expand in November (+22,000). Within the
industry, job growth occurred in general merchandise stores (+14,000); in sporting
goods, hobby, book, and music stores (+12,000); and in automobile dealers (+7,000).
Over the prior 12 months, job growth in retail trade averaged 31,000 per month.

Within leisure and hospitality, employment in food services and drinking places continued
to trend up in November (+18,000). Job growth in this industry averaged 28,000 per month
over the prior 12 months.

Employment in construction continued to trend up in November (+17,000). Monthly job
gains in the industry averaged 15,000 over the prior 12 months.

No mention of increases in jobs in the gov. Uh oh. Not looking good for your assertions, eh???

Federal government employment continued to decline (-7,000) in November. Over the past
12 months, federal government employment has decreased by 92,000.

Employment Situation Summary
Jesus. Now what. What is CNS doing. Bastards are misleading you. Making you look like a fool.

Funny. Con tool leaders always use the term NET NEW JOBS hoping you do not wonder what it means. Because, of course, it is of NO importance. Unless you think employment in a job that existed before but then went away is NOT as good as employment in a job that did not exist before. Which, of course, is stupid. The person working would think you are an idiot.
As would any rational person.

But in this case, cns simply lied. And you clapped for their statements like a trained seal. And wasted everyone's time with drivel from a partial source. Nice.

Funny that you did not use the gov numbers. Instead of numbers from a bat shit crazy con web site, that is. Why was that, me boy/girl/it???

.

 

[pinqy]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

It is great news for an Obama related economy. 41% of net new jobs in November were in government. ya think?!?!?!!?!?!?!?

41% of Net New Jobs in November Were in Government | CNS News

Nice. CNS news Conservative news service, dipshit. Is that all you have is agenda. Must be nice to simply believe what you want to believe. Maybe I should post a piece from moveon.org. But then I never ever would, because I care about integrity. Look it up, dipshit. Jesus what a tool.

Lets see what an actual impartial source says, me boy/girl/it:


Did you see anything about gov jobs there?? No???? Uh-oh.

Employment in transportation and warehousing rose by 31,000 in November, with gains
in couriers and messengers (+9,000), truck transportation (+8,000), warehousing and
storage (+5,000), and air transportation (+3,000).

Health care employment continued to increase over the month (+28,000). Job gains occurred
in home healthcare services (+12,000) and offices of physicians (+7,000), while nursing
care facilities lost jobs (-4,000). Job growth in health care has averaged 19,000 per
month thus far this year, compared with an average monthly gain of 27,000 in 2012.

In November, manufacturing added 27,000 jobs. Within the industry, job gains occurred in
food manufacturing (+8,000) and in motor vehicles and parts (+7,000).

In November, employment in professional and business services continued to trend up
(+35,000). Over the prior 12 months, the industry added an average of 55,000 jobs per
month.

Retail trade employment also continued to expand in November (+22,000). Within the
industry, job growth occurred in general merchandise stores (+14,000); in sporting
goods, hobby, book, and music stores (+12,000); and in automobile dealers (+7,000).
Over the prior 12 months, job growth in retail trade averaged 31,000 per month.

Within leisure and hospitality, employment in food services and drinking places continued
to trend up in November (+18,000). Job growth in this industry averaged 28,000 per month
over the prior 12 months.

Employment in construction continued to trend up in November (+17,000). Monthly job
gains in the industry averaged 15,000 over the prior 12 months.

No mention of increases in jobs in the gov. Uh oh. Not looking good for your assertions, eh???

Federal government employment continued to decline (-7,000) in November. Over the past
12 months, federal government employment has decreased by 92,000.

Employment Situation Summary
Jesus. Now what. What is CNS doing. Bastards are misleading you. Making you look like a fool.

Funny. Con tool leaders always use the term NET NEW JOBS hoping you do not wonder what it means. Because, of course, it is of NO importance. Unless you think employment in a job that existed before but then went away is NOT as good as employment in a job that did not exist before. Which, of course, is stupid. The person working would think you are an idiot.
As would any rational person.

But in this case, cns simply lied. And you clapped for their statements like a trained seal. And wasted everyone's time with drivel from a partial source. Nice.

Funny that you did not use the gov numbers. Instead of numbers from a bat shit crazy con web site, that is. Why was that, me boy/girl/it???

.

Actually, CNS did use BLS numbers. But they used the household survey. Ironically, the employment gain from the household survey is over 800,000

The main thing is that the household survey counted furloughed workers as unemployed I. October. The Establishment survey (official non farm payroll jobs) did not

 

[jon_berzerk]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

great news after five years and countless billions of dollars

we have managed to get the unemployment rate down to 7 percent temporarily

heck of a job obama

 

[Euroconservativ]

The good and the bad in these last few years:

More manufacturing jobs and less government jobs

Manufacturing is clearly back. With such good figures not seen since the crazy 1990s, when the GDP grew 5% and, at the same time, dozens of plants were closed.

No information about employment is complete without the labor participation rate, which is at the lowest point since 1979.

It means that the net job creation is not strong.

 

[Rozman]

I think a lot of us have come to the realization that this administration
has a big problem being truthful.

After Obama lied and lied again about Obama Care I am not going to believe
much that comes from this administration.

 

[JoeB131]

I see we are moving from "Unemployment is all Obama's Fault" to "the drop in unemployment has nothing to do with Obama".

 

[expat_panama]

...the labor participation rate, which is at the lowest point since 1979...

No, actually this month is an improvement --a fifth of a percent higher than last month which was the lowest since 1978.

Labor Force Statistics from the Current Population Survey

Series Id: LNS11300000

Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over​

 

[longknife]

Another Obama lie!!!

Yet another pile of Obama garbage in which a whole lot of real factors are either glossed over or hidden.

New jobs part time!

Millions not counted because they've simply given up looking.

Millions under employed - working at jobs they are over qualified for.

Millions having their hours cut to under 30 to avoid NaziCare.

And they avoid the huge numbers for young blacks and vets.

Can't wait for Nov 2014 when we get rid of the America system haters in Congress so the newcomers will demand laws are carried out as meant and that governing by fiat is stopped.

 

[driveby]

Great news

November jobs report: Unemployment falls to 7% - Dec. 6, 2013

Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.

The unemployment rate fell to 7.0% -- the lowest level since November 2008, as more people said they got jobs and joined the labor force.

This is encouraging news for the 11 million Americans who remain unemployed. The job market has been improving for three years now, but at a frustratingly slow pace.

That's great news ! So maybe now we can start walking back the outrageous amount of time people can collect unemployment benefits?



Oh shit, nevermind:

Obama Calls on Congress to Extend Jobless Benefits - ABC News

 

[driveby]

I see we are moving from "Unemployment is all Obama's Fault" to "the drop in unemployment has nothing to do with Obama".

Sure knucklehead, because everyone knows the first thing you do when the unemployment rate is really improving is to call for an extension of unemployment benefits.....


Obama Calls on Congress to Extend Jobless Benefits - ABC News