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Author Topic: Unemployment 8.3%!!! [Locked]
imaloon1  3 stars
Posts: 674
Registered: 2003-9-15 07:19:53
Even though they continually adjust the numbers higher we must finally be running out of people to lay off!!

 

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ZigmundZag  4 stars
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
It's sad that it's considered awesome news, but...


This is awesome news.

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
too bad they exclude a large chunk of the unemployed to get to that number. But a house of cards built upon lies will fall under the weight of its deception

 

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stevenmeadowsin  1 star
Posts: 63
Registered: 2005-12-13 09:50:27
Tell the Mexicans to come back!!

 

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Sansfear  3 stars
Posts: 757
Registered: 2008-8-31 05:04:52
Improvements are good.

Biggest reason it dropped that much, though, was 1.2M people left the work force.

Participation rate down to 63%, I think.
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Yeah. The top level US 'unemployment' rate is one of the biggest scams ever.

I'm really not sure why we even use it any more. When you tune into most financial networks now, they basically laugh at it.

 

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Corky_Aloof  2 stars
Posts: 445
Registered: 2004-6-2 07:33:41
GO OBAMA!!!!

With a rising economy it will be hard to oust him from a second term. Looks like Repubs will have to look for an Iran wildcard.

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Brother_Tempus posted:

too bad they exclude a large chunk of the unemployed to get to that number. But a house of cards built upon lies will fall under the weight of its deception



Govt produces several different unemployment numbers. The broadest one picks up alot of the unemployed but not actively searching.....this measure also shows steady improvement from the depths of 2009 & 2010.


Having multiple measurements gives a better picture of the overall situation. Although it tends to confuse and frustrate the knuckledraggers.
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
theredkay1 posted:

Brother_Tempus posted:

too bad they exclude a large chunk of the unemployed to get to that number. But a house of cards built upon lies will fall under the weight of its deception



Govt produces several different unemployment numbers.



none of which reflect the truth. If we were to count unemployment with the sane formula used in the 30s, 40s, and 50s, it would be 23%.

 

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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
Akza  2 stars
Posts: 271
Registered: 2002-9-8 18:02:25
i give a damn about how unemployment is calculated.

as long as the job growth is good.. then i got some leverage when asking for a raise or finding a new and better job.

sucks for people no longer participating in the job market, but i could care less because i am.

 

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