I will never understand why the government messaging of labor statistics has to be a partisan issue. When the Republican are in office, THEY do it, and the people on the left complain about it, and folks on the right turn a blind eye and act stupid and ignorant. Then when the reverse happens, the folks on the left pretend their big daddies don't do the same.
PEOPLE, quit letting your egos get invested in your favorite politicians and your political parties. The nation is in trouble! The economy has been seriously crippled since the passing of NAFTA, fiat currency, and market manipulations by global trading houses, and globalist politicians from BOTH parties are to blame! American industry, American living standards, and American jobs are the cost!
More internationalist trade policies are on the way.
The Big Lie: 5.6% Unemployment
The Big Lie 5.6 Unemployment
"None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed. That's right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
There's another reason why the official rate is misleading. Say you're an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.
Yet another figure of importance that doesn't get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find -- in other words, you are severely underemployed -- the government doesn't count you in the 5.6%. Few Americans know this.
There's no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.
And it's a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. A good job is an individual's primary identity, their very self-worth, their dignity -- it establishes the relationship they have with their friends, community and country. When we fail to deliver a good job that fits a citizen's talents, training and experience, we are failing the great American dream.
Gallup defines a good job as 30+ hours per week for an organization that provides a regular paycheck. Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class."
-Jim Clifton is Chairman and CEO at Gallup.
Like Einstein said....its all relative
300,000 jobs represent a range of jobs. Some are really good, some are marginal. But 300,000 jobs is still good
If it were a one shot deal, you mau have a point
But in the midst of 11 straight months of 200 k plus jobs it is a very positive employment trend
You are not one of those rooting for the economy to fail are you?
Sigh. You just don't understand
fascism corportism, do you? What happens when the government and the federal reserve quit manipulating the economy? What happens when the government contracts dry up? What happens when tax breaks to various industries for hiring a certain number of low skilled employees and inner-city kids, and those types of programs goes away?
No I'm not rooting for the economy to fail, but I know that this administration's policies, and the policies of the last administration have both done more to harm the economy than they have done to help it. When ever you do more to help the people on Wall Street than the people on main street, when ever you are more concerned about what the DOW is doing, or how foreign trade polies are going to affect your campaign coffers instead of your national industrial and commercial output, there is going to be trouble. Our industrial and commercial activity is down, our manipulating of computer data and shifing of numbers is up. That is NOT economic activity. It is hocus pocus.
Our politicians don't think long term, they think about the next campaign, and they think about staying in power. They do what they are told by their benefactors. And they all have the same benefactors. It doesn't matter if they say they hail from the left of the right. These benefactors all believe in the same thing, one global socialist government ruled by a network of international elites with no allegiance to any particular place. Family? Loyalty? Community? These are concepts they disdain. These are socialpaths with no love of anything other than themselves and their apparent birth right to lord over the masses. Why else would they, (no matter if they be Republican or Democrat,) seek to deceive us with phony unemployment and CPI numbers?
When all those Austrian Economists in 2006 and 2007 told pundits that we were in a real estate bubble and heading for a crash, the interviewers said the same thing.
"Boy, your a real doom and gloom sort of guy. Are you hoping we fail? Things have never looked better, look at how well the Dow is preforming. . . . "
And the response was always the same.
They always said NO, they just didn't believe in fairy tales. They just looked at the number of people working, the amount of "stuff," the nation was producing, and they knew it was a fake government/fed. manipulated economy. This is just more of the same. Nothing has been fixed.
