Unemployment ticks up to 8.3%

[Warrior102]

exactly what KIND of jobs are being added to the economy......?

temp agency jobs? 'independent contractor' jobs....? casino jobs?

have very many manufacturing jobs been added....?

Probably some more good old fashioned Obama shovel-ready shit jobs.

 

[candycorn]

Top 10 Poorest States:

1. Mississippi - Republican

2. Arkansas - Republican

3. Tennessee - Republican

4. West Virginia - Republican/Democrat

5. Louisiana - Republican

6. Montana - Republican

7. South Carolina - Republican

8. Kentucky - Republican

9. Alabama - Republican

10. North Carolina - Republican/Democrat - leans more Republican

Red
Red
Red

This is too easy.

 

[ScienceRocks]

Just imagine how many jobs that could be made if we built a wall across our borders and rebuilt our infrastructure. Obama could knock the unemployment down to 5 percent by election time if he starts now, but no, he's going to play around.

 

[ScreamingEagle]

exactly what KIND of jobs are being added to the economy......?

temp agency jobs? 'independent contractor' jobs....? casino jobs?

have very many manufacturing jobs been added....?

Probably some more good old fashioned Obama shovel-ready shit jobs.

i'll bet Chik Fil-A added some new jobs.......

 

[Conservative]

I anxiously await Chris to come into the thread and explain why this is not Obama's fault, yet Obama gets full credit from Chris if the UE number goes down.

Come one Chris... 'splain it to me...

 

[pinqy]

163,000 jobs added. Good.

WITH 195K BEING DROPPED FROM THE ROLES.


Real unemployment is still over 10%

Is it really that hard to do basic research? Non-farm payroll jobs, as measured by the Current Employment Statistics, showed a gain of 163,000 jobs.

Total Employment, as measured by the Current Population Survey, showed a loss of 195,000 Employed.

Differences between the two surveys:

CES only measures payroll employees in firms that contribute to Unemployment Insurance. It excludes agriculture, the self-employed, unpaid family workers, and people who work in other people's houses. It is a count of JOBS, not people, so if a person works 2 or more jobs, he'll appear in the count for each company he works for. The reference period is the PAY PERIOD that contains the 12th of the month, and it is revised twice. Its advantage is that it's a much larger survey with a much smaller margin of error and can be benchmarked to administrative records for UI taxes. Its disadvantage is its narrowness.

CPS measures everyone 16 and older (not in prison, the military, an institution) so it includes agriculture, the self-employed, unpaid family workers who worked 15+ hours/week, etc. It is a count of PEOPLE, not jobs and each person is counted once no matter how many jobs they have. The reference period is the WEEK that contains the 12th of the month and it is not revised. Its advantages are demographic information and its broadness. Its disadvantage is its smaller sample and greater margin of error.

There are no "roles" (or "rolls") used to calculate employment or unemployment so it's nonsensical to refer to anyone falling off of them.