Unemployment Rate Down To 8.2% A Socialist Victory Underway!

[pinqy]

Let me ask you this. Say you look your job (and I am giving you the benefit of the doubt, because I don't think your work)? Then you search and search, run out your unemployment, at that point or shortly thereafter you still haven't found a job. At that point the GOVERNMENT watchdogs say you have been looking too long now your considered a NON-LOOKER and not classified as unemployed! Since you looked so long we will essentially put you in the employed side!

Absolutely untrue. Every month 60,000 households are surveyed and asked about their work and job-hunting. Those who say they worked are classified as Employed. Those who say they didn't work but looked for work in the last 4 weeks are classified as Unemployed. Those who say they didn't work and didn't look for work are classified as Not in the Labor Force. That's about it. It's all based on Respondent answers. It doesn't matter how long someone's been unemployed..if they're still looking, they're still unemployed.

Benefits of course have nothing to do with it and they're not asked about in the survey.

 

[nodoginnafight]

Wow, more good news that right wing extremists try to spin bad.
Do they really think enough people are still listening to their idiocy to win an election?

 

[Big Fitz]

Mascale is right. A record high 88 million people out of the work force is indeed a Socialist victory.

Yeah, fuck all those retired people and students and disabled, they ALL should be working from the time they can walk to the time they die even if they can't walk.

No one said that.

He never hears what anyone says. He hears what he wants to be said.

 

[naturegirl]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

 

[Big Fitz]

Actual unemployment (U6) is 14.5%
Table A-15. Alternative measures of labor underutilization

....5 million fewer jobs than 2007.

Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama

That's an interesting number.

We lost 6 million jobs from December 2007 to May of 2009.

How much of that can you blame on Obama policies?

Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama

From his lips to God's ear.

 

[naturegirl]

That's an interesting number.

We lost 6 million jobs from December 2007 to May of 2009.

How much of that can you blame on Obama policies?

Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama

From his lips to God's ear.

Lair!! LOL

 

[GHook93]

LOL, I knew the liberals were jizz over this one. Yet the number went down, because the supposed unemployed NON-LOOKERS decided not to look, therefore the unemployment rate goes down.

Let me ask you this. Say you look your job (and I am giving you the benefit of the doubt, because I don't think your work)? Then you search and search, run out your unemployment, at that point or shortly thereafter you still haven't found a job. At that point the GOVERNMENT watchdogs say you have been looking too long now your considered a NON-LOOKER and not classified as unemployed! Since you looked so long we will essentially put you in the employed side!

Notice how since they can't use their "Gallup" rationalization any more they have to come up with an even stupider rationalization. Gallup has the unadjusted unemployment at 8.3%

Sure I can and I will bring that here!

Gallup Daily: U.S. Employment

Full Time Employed = 64.5%: This means that 35.5% of Americans of majority age are NOT WORKING or UNDER-EMPLOYED. 8.2%, where do these other 27.3% go? What the government says is they are not looking! True for some, such as house-wives, welfare receiptants (even though this group is supposed to be looking), college students and the legally disable. However, the goverment puts BREAD-WINNERS in this group, who are supposedly "NOT LOOKING!" What crap! These people are looking but can't find a job, get an interview or even find open positions in their field to apply for. "Legit not lookers" stated above (house-wives) might make up what 50% of the "NOT LOOKING!" The other 50% are bread-winners unemployed so long the government considers them outside the unemployment ranks for POLITICAL PURPOSES!

Faux unemployment = 8.2% - TRUE Umemployment = 8.2%+ 13.65%= 21.85%%

Under-Employment = 17.8% = Hence why we see so many adults, recent college graduates and clean cut non-illegal Hispanics at the registers in fast food joynts, in Target/Walmart and chain clothing stores working for minimum wage or slightly above it!

If you you really think this is a good economy and that this is a recovery than your a moron!

What Gallup Tracks:

Gallup tracks daily the percentage of U.S. adults in the workforce, ages 18 and older, who are underemployed, unemployed, and employed full-time for an employer, without seasonal adjustment.

DEFINITIONS OF GROUPS:

"Underemployed" respondents are employed part time, but want to work full time, or they are unemployed

"Unemployed" respondents : are those within the underemployed group who are not employed, even for one hour a week, but are available and looking for work.

Respondents "Employed Full Time for an Employer": are those who are employed by an employer for at least 30 hours per week. Daily results reflect 30-day rolling averages based on telephone interviews with approximately 30,000 adults. Because results are not seasonally adjusted, they are not directly comparable to numbers reported by the U.S. Bureau of Labor Statistics, which are based on workers 16 and older. Margin of error is ± 1 percentage point.

. :

 

[Big Fitz]

Obama in 2009: If I can’t fix the economy in three years, you can call me former President Obama

From his lips to God's ear.

Lair!! LOL

A Lair? Of course! and well appointed too.

[ame=http://www.youtube.com/watch?v=0uvPXTDKwWM]Bilbo meets Smaug - YouTube[/ame]

 

[PoliticalChic]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

So....ya' think this is the reason the Dems insisted that they can remain on their parents healthcare policies until the wee babes are 26?

 

[mascale]

Wall Street will probably wait until Monday, to see what the Establishments Data from Lehman Brothers looks like. Apparently a lot of process servers will all be at work on Monday, too!

JPMorgan Fined for Lehman Collapse - Zacks.com

When The Total Credit Market exceeds Personal Income by over three times: Then anyone has to expect a little underwater kind of data.

Then there are the teachers and bureaucrats who caused it all, getting laid off--after Norway sent them all prizes.

"Crow, James Crow: Shaken, Not Stirred!"
(Young Braves from many nations even flee from steam of Medicine Huts--To rush to be underwater--with the other people!)

 

[pinqy]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

There's no accurate or objective way to measure that. Assuming that a person with a college degree should be working in that field is not necessarily an accurate asumption. How many waiters and waitresses in NYC or LA are really actors? Are they underemployed? How about someone with an advanced degree, but a criminal record?
Or, someone who goes back to school and works part time in a menial job? Or is married and doesn't want to work full time in their major, but part time as a bartender?

Too many variables and too much subjectivety to measure.

 

[Katzndogz]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

I know a couple of attorneys that are driving cabs and some who are delivering pizza.

 

[GHook93]

Let me ask you this. Say you look your job (and I am giving you the benefit of the doubt, because I don't think your work)? Then you search and search, run out your unemployment, at that point or shortly thereafter you still haven't found a job. At that point the GOVERNMENT watchdogs say you have been looking too long now your considered a NON-LOOKER and not classified as unemployed! Since you looked so long we will essentially put you in the employed side!

Absolutely untrue. Every month 60,000 households are surveyed and asked about their work and job-hunting. Those who say they worked are classified as Employed. Those who say they didn't work but looked for work in the last 4 weeks are classified as Unemployed. Those who say they didn't work and didn't look for work are classified as Not in the Labor Force. That's about it. It's all based on Respondent answers. It doesn't matter how long someone's been unemployed..if they're still looking, they're still unemployed.

Benefits of course have nothing to do with it and they're not asked about in the survey.

Because the long time unemployed say "I haven't looked or interviewed or worked in a month" equates to NOT UNEMPLOYED and for stat purposed employed! Logic only a politician or partisan hack could love!

 

[GHook93]

Let me ask you this. Say you look your job (and I am giving you the benefit of the doubt, because I don't think your work)? Then you search and search, run out your unemployment, at that point or shortly thereafter you still haven't found a job. At that point the GOVERNMENT watchdogs say you have been looking too long now your considered a NON-LOOKER and not classified as unemployed! Since you looked so long we will essentially put you in the employed side!

Absolutely untrue. Every month 60,000 households are surveyed and asked about their work and job-hunting. Those who say they worked are classified as Employed. Those who say they didn't work but looked for work in the last 4 weeks are classified as Unemployed. Those who say they didn't work and didn't look for work are classified as Not in the Labor Force. That's about it. It's all based on Respondent answers. It doesn't matter how long someone's been unemployed..if they're still looking, they're still unemployed.

Benefits of course have nothing to do with it and they're not asked about in the survey.

Again from my Gallup post here is what Full Time Employed, meaning the people that actually work (hence not the people out of work so long that they become non-lookers or for stat purposes employed)

Respondents "Employed Full Time for an Employer": are those who are employed by an employer for at least 30 hours per week. Daily results reflect 30-day rolling averages based on telephone interviews with approximately 30,000 adults. Because results are not seasonally adjusted, they are not directly comparable to numbers reported by the U.S. Bureau of Labor Statistics, which are based on workers 16 and older. Margin of error is ± 1 percentage point.

 

[PoliticalChic]

Wow, more good news that right wing extremists try to spin bad.
Do they really think enough people are still listening to their idiocy to win an election?

"...more good news..."
What????

Are you suggesting that fewer jobs is good news?

"S&P 500 stock index futures dropped sharply after the data, while U.S. Treasury prices turned higher. The U.S. dollar turned lower versus euro and yen.
While the unemployment rate fell to its lowest level since January 2009, that was mainly because some people gave up the search for work.

The separate household survey, from which the jobless rate is derived, also showed a drop in employment."
News Headlines

And this:
"Egan-Jones Ratings Co. cut the U.S. credit rating one step to AA, the second downgrade in nine months and two levels below its highest grade, with a negative outlook citing the nation’s increasing debt burden.

U.S. debt has increased to 100 percent of gross domestic product, while debt climbed 23.6 percent from 2008 to 2010, the credit-rating firm said in a statement today. Egan-Jones lowered the U.S. grade to AA+ in a July. "
Egan-Jones Cuts U.S. Rating One Step to AA Citing Growing Debt - Bloomberg


Are you a pom-pom waver or a thinking American????



This fraud in the White House is incompetent and you claim "...more good news..."????


You’re the second smartest poster on this board…if, of course, everyone else is tied for first.

 

[naturegirl]

Unfortunately PoliticalChic, they are too old to be on mommies insurance. These folks earned their degrees long ago. The lawn mower guy is approaching 50. He's had a couple of stints as a subcontractor but hasn't been hired as an employee for 3 years.

Pingy, struggling actors have always taken what ever jobs they can find while they build their careers. These folks actually had careers at one time, their companies shut down or they were laid off.

Katsndogz, I'm hoping those attorneys are trial lawyers.

 

[naturegirl]

Wall Street will probably wait until Monday, to see what the Establishments Data from Lehman Brothers looks like. Apparently a lot of process servers will all be at work on Monday, too!

JPMorgan Fined for Lehman Collapse - Zacks.com

When The Total Credit Market exceeds Personal Income by over three times: Then anyone has to expect a little underwater kind of data.

Then there are the teachers and bureaucrats who caused it all, getting laid off--after Norway sent them all prizes.

"Crow, James Crow: Shaken, Not Stirred!"
(Young Braves from many nations even flee from steam of Medicine Huts--To rush to be underwater--with the other people!)

Wow, more good news that right wing extremists try to spin bad.
Do they really think enough people are still listening to their idiocy to win an election?

"...more good news..."
What????

Are you suggesting that fewer jobs is good news?

"S&P 500 stock index futures dropped sharply after the data, while U.S. Treasury prices turned higher. The U.S. dollar turned lower versus euro and yen.
While the unemployment rate fell to its lowest level since January 2009, that was mainly because some people gave up the search for work.

The separate household survey, from which the jobless rate is derived, also showed a drop in employment."
News Headlines

And this:
"Egan-Jones Ratings Co. cut the U.S. credit rating one step to AA, the second downgrade in nine months and two levels below its highest grade, with a negative outlook citing the nation’s increasing debt burden.

U.S. debt has increased to 100 percent of gross domestic product, while debt climbed 23.6 percent from 2008 to 2010, the credit-rating firm said in a statement today. Egan-Jones lowered the U.S. grade to AA+ in a July. "
Egan-Jones Cuts U.S. Rating One Step to AA Citing Growing Debt - Bloomberg


Are you a pom-pom waver or a thinking American????



This fraud in the White House is incompetent and you claim "...more good news..."????


You’re the second smartest poster on this board…if, of course, everyone else is tied for first.

The White House and the media can spin this all they want, people know the real truth. It slaps them in the face every day they open their mail boxes, if they are still lucky enough to have one of those.

You can only lie for so long before those lies catch up to you.

 

[GHook93]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

I know a couple of attorneys that are driving cabs and some who are delivering pizza.

As a recent law school graduate (2010) and full time corporate lawyer I can testify to this. Even Northwestern and U of C graduates are having a tough time getting employed. I truly believe that only 10% of new lawyers get employed by a law firm or business. The other 90% work in other fields or go sole (or cry themself to sleep).

I am one of the lucky few and SOLELY because I worked in the global corp that hired me for sales for 6 yearrs (with great success) and interned for 3 years in my Co's legal department and lastly just perfect timing for a position to open up.

Other than that I had very few interviews. The interviews I got were $40K insulting offers, no benefits (independent contractor) and 60-80 hours work schedules.

Going to law school nowadays could be one of the worst career moves one will ever do!

 

[PoliticalChic]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

So....ya' think this is the reason the Dems insisted that they can remain on their parents healthcare policies until the wee babes are 26?

Wow, more good news that right wing extremists try to spin bad.
Do they really think enough people are still listening to their idiocy to win an election?

"...more good news..."
What????

Are you suggesting that fewer jobs is good news?

"S&P 500 stock index futures dropped sharply after the data, while U.S. Treasury prices turned higher. The U.S. dollar turned lower versus euro and yen.
While the unemployment rate fell to its lowest level since January 2009, that was mainly because some people gave up the search for work.

The separate household survey, from which the jobless rate is derived, also showed a drop in employment."
News Headlines

And this:
"Egan-Jones Ratings Co. cut the U.S. credit rating one step to AA, the second downgrade in nine months and two levels below its highest grade, with a negative outlook citing the nation’s increasing debt burden.

U.S. debt has increased to 100 percent of gross domestic product, while debt climbed 23.6 percent from 2008 to 2010, the credit-rating firm said in a statement today. Egan-Jones lowered the U.S. grade to AA+ in a July. "
Egan-Jones Cuts U.S. Rating One Step to AA Citing Growing Debt - Bloomberg


Are you a pom-pom waver or a thinking American????



This fraud in the White House is incompetent and you claim "...more good news..."????


You’re the second smartest poster on this board…if, of course, everyone else is tied for first.

The White House and the media can spin this all they want, people know the real truth. It slaps them in the face every day the open their mail boxes, if they are still lucky enough to have one of those.

You can only lie for so long before those lies catch up to you.

Hey....I recognize you!!!

You were once the sixteenth President, weren't you?

"You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."

I liked your work!

 

[PoliticalChic]

I'm sure none of these figures reflect the number of college grads that have gone to work at Wal-Mart, fixing lawn mowers out of their garage or being servers at the local chain food restaurant.

These are examples people I know, the lawn mower guy is a Civil Engineer, the Wal-Mart employee has a degree in accounting and the waitress has a science degree.

I know a couple of attorneys that are driving cabs and some who are delivering pizza.

As a recent law school graduate (2010) and full time corporate lawyer I can testify to this. Even Northwestern and U of C graduates are having a tough time getting employed. I truly believe that only 10% of new lawyers get employed by a law firm or business. The other 90% work in other fields or go sole (or cry themself to sleep).

I am one of the lucky few and SOLELY because I worked in the global corp that hired me for sales for 6 yearrs (with great success) and interned for 3 years in my Co's legal department and lastly just perfect timing for a position to open up.

Other than that I had very few interviews. The interviews I got were $40K insulting offers, no benefits (independent contractor) and 60-80 hours work schedules.

Going to law school nowadays could be one of the worst career moves one will ever do!

Geee....I didn't know you were a lawyer....

...really sorry about that Henry The Sixth, Part 2 Act 4, scene 2, line 72 thing.....