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Author Topic: 8.2% unemployment, Yeah Right ! [Locked]
Nestor_II  1 star
Title: I Would Walk 500 Miles
Posts: 160
Registered: 2002-1-31 07:03:29
8.2% and yet the number of people who aren't employed rises to a record of 88 million, Hmmmm something just doesn't seem right with those numbers.

http://www.zerohedge.com/news/nfp-big-miss-120k-expectations-205k-unemployment-82

http://www.cnbc.com/id/46975031

 

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HeartView  4 stars
Title: Be right back...
Posts: 1,209
Registered: 2001-12-20 08:11:56
My company has hired 10 people so far this year... and we're a small business.

/shrug

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
When you are not going to count all the people unemployed ( see the record low labor participation rate) does it really matter what you say the unemployment rate is?

If unemployment was really going away, people would not be so down about the economy or the government .... the people know they are being lied to ..

 

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Dwaveran  3 stars
Title: Wants to Ban Canada...
Posts: 909
Registered: 2003-1-23 11:01:28
omg i am agreeing with BT. They need to count all the unemployed, NOT just the ones getting benefits.

 

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Fozzie_Bear  4 stars
Posts: 2,490
Registered: 2001-12-20 01:43:43
is 8.2% the number of unemployed/under employed people or is that the number of people collecting unemployment benefits?

once a persons benefits END, is that person still being counted towards that figure?

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Fozzie_Bear posted:

is 8.2% the number of unemployed/under employed people or is that the number of people collecting unemployment benefits?

once a persons benefits END, is that person still being counted towards that figure?



No, they are no longer counted even though they are still unemployed ... we have seen a massive drop-off of those being counted as the 99ers have dropped off the UI rolls even though they are still unemployed

 

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Fozzie_Bear  4 stars
Posts: 2,490
Registered: 2001-12-20 01:43:43
well then there is your creative math in a nutshell. if they arent counting ALL the unemployed/under-employed then they are giving a BS figure for the majority of the people to count as the gospel truth.

typical

 

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The Oatmeal Butterscotch paired with a Snickerdoodle
turned my cynical penis into a happy vagina
Then after an Oatmeal Cranberry and Double Chocolate,
it made my new vagina spontaneously sing the Trolololo Song in an elevator.
---AkagiyamaMissile
levgre  3 stars
Posts: 606
Registered: 2001-10-24 07:24:49
What most people ignorantly don't realize is that the agency which determine unemployment % openly disclose the caveats, and give other figures/facts to paint a comprehensive picture of the job situation.

So it's not their fault you don't have the 'right' information. It's your fault for not listening to all they have to say.

 

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Nestor_II  1 star
Title: I Would Walk 500 Miles
Posts: 160
Registered: 2002-1-31 07:03:29
Most likely it is 12% or higher unemployment.

 

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" That which does not kill us makes us pull our feathers out......."
Final words of Alex the Parrot
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Unseen they Suffer, Unheard they Cry, in Agony they Linger, in Loneliness they die.
-Mithan-  4 stars
Title: VNBoard Admin
Posts: 1,287
Registered: 2000-3-1 11:53:15
Nestor_II posted:

8.2% and yet the number of people who aren't employed rises to a record of 88 million, Hmmmm something just doesn't seem right with those numbers.

http://www.zerohedge.com/news/nfp-big-miss-120k-expectations-2 05k-unemployment-82

http://www.cnbc.com/id/46975031


Don't be dumb and take Zerohedge at face value.

As much as the media skews things to the happy side, they skew it to the gloomy side.

If CNN says 10 and ZeroHedge says 20, average the numbers out for the truth.

 

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