It's An Unemployment Miracle!

[miles]

So how much of the scheming and corruption was incompetent? It looks to me like your theory implies that they're very competent at scheming and corruption.

Another brilliant post Phro.

Who's on first?

 

[RobDownSouth]

The U6 is unchanged as we speak at 14.7%.

Once again we hear the familiar mantra of the Vettebigot:

but...but.....U-6! U-6 DAMMIT!


No excuse for you not to get a job now, buddy!

 

[unregistered]

 

[unregistered]

 

[removed020613]

The rate allegedly fell to 7.8% in September. 100,000 jobs were created and 800,000 people found work. (Don't do the math).

Jesus must have had something to do with it! Unemployment has been above 8% for 43 straight months and three weeks before the election it suddenly drops substantially!

Who said there were no more miracles?

Those jobs are being sent to China and India. Union labor puts a damper on big corporations.

 

[jamie_vickers]

Which happens, uh, every month.

One reason the rate was a good deal lower this month is that they had underestimated the number of jobs added the previous two months, which is an interesting oversight considering dumbass Miles's conspiracy theory.

I'm sorry but I don't follow silly party lines. I will vote for the best person; therefore, I do not follow any person's conspiracy theories.

When it comes to talking about politics I go by this rule ‘Everyone is full of Shit.’

 

[Pookie]

Just showing up the number for what it really is, knowing full well the hole the story blows into the ramparts of Fortress Bullshit that surrounds and protects Barack Obama, would draw out a squealing slobbering sycophant of sufficient size to insert himself into the gaping breach.

Actually the numbers make up part of what is now an annualized growth rate of 1.4 percent. An average of 146,000 jobs have been created per month over the past year. All that sounds low, doesn't it? But looking back over the past 25 years, payroll jobs have grown at an annualized rate of 1.1 percent, or the equivalent of about 125,000 jobs added per month given today’s population.

So, showing the job numbers for what they really are, this his been pretty much an average economic year. Considering the jobs abyss we were falling into before Obama took office when we began losing hundreds of thousands of jobs a month, these numbers speak quite well for Obama.

 

[Pookie]

Let's see....114,000 new jobs were created but 800,000 people were hired.

As The Fraud would say, do the math.

The unemployment rate is calculated through a separate survey — one of households rather than business establishments.

As The Fraud would say, know what the fuck you're looking at before you do the math.

Just sayin'

 

[unregistered]

 

[IrezumiKiss]

The unemployment rate is calculated through a separate survey — one of households rather than business establishments.

As The Fraud would say, know what the fuck you're looking at before you do the math.

Just sayin'

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[Pookie]

Considering the facts of the matter, you are clueless. 100,000 jobs a month are required to keep up with normal attrition. 250,000 jobs a month have to be created in order to really affect the unemployment number. Too get back to where we were we have to do this every month, month in month out, for at least three years.

Of course, I'm clueless. *pats your wittle head*

Again, the numbers are produced from ... wait for it ... separate surveys. If you don't believe me, look it up.

 

[RobDownSouth]

Unlike you, I don't need a job.

Gotta love "rugged individualist" derps like you, preachin' the Gospel of bootstrappy goodness for others whilst suckling on the government teat.

 

[unregistered]

 

[unregistered]

 

[mercury14]

I don't need to, itto bitty one. I know the facts.

The fact is that the figure going from just above 8% to 7.8% isn't any kind of wild swing. But it crossed over a psychological number so you've given birth to another one of your paranoid conspiracy theories.

 

[bra_man69]

The fact is that the figure going from just above 8% to 7.8% isn't any kind of wild swing. But it crossed over a psychological number so you've given birth to another one of your paranoid conspiracy theories.

Why stop at 7.8 go ahead and say 7 are 6 it's a made up number anyway

 

[mercury14]

Why stop at 7.8 go ahead and say 7 are 6 it's a made up number anyway

It's only made up when it's good news for America. If unemployment ticked up to 8.4% you'd be here using it as proof of Obama's failings, wouldn't ya? Funny how you think you can have it both ways.

 

[Pookie]

I don't need to, itto bitty one. I know the facts.

So, since you know the facts, then you know that the unemployment rate is calculated through a survey of household, and the number of jobs created are determined with a separate survey of business establishments. The household survey is a better measure of employment. The payroll survey covers only wage and salary workers on nonfarm payrolls. The household survey covers those individuals as well as agricultural workers, the self-employed, workers in private households, unpaid family workers, and workers on unpaid leave.

Given that the jobs survey THIS month significantly revised the jobs numbers upward for the past number of months, it shouldn't be a big surprise to see the household survey showing a higher number of people with jobs now than the number of new jobs being report for THIS month.

 

[bra_man69]

It's only made up when it's good news for America. If unemployment ticked up to 8.4% you'd be here using it as proof of Obama's failings, wouldn't ya? Funny how you think you can have it both ways.

The numbers are a joke look what state added the most jobs Texas with almost half.
How many of the jobs are for the holiday season?
Obama's failings are all around one doesn't need see some made up numbers to see that fuck Steve wonder can see Obama's failures.

 

[mercury14]

The numbers are a joke look what state added the most jobs Texas with almost half.
How many of the jobs are for the holiday season?
Obama's failings are all around one doesn't need see some made up numbers to see that fuck Steve wonder can see Obama's failures.

Fuck a duck, between jobs added in Sept and the July/Aug revisions you've now started dismissing jobs gains for at least six months of each year. Your rationalizations aren't ready for prime time yet bro.

 

[mercury14]

So, since you know the facts, then you know that the unemployment rate is calculated through a survey of household, and the number of jobs created are determined with a separate survey of business establishments. The household survey is a better measure of employment. The payroll survey covers only wage and salary workers on nonfarm payrolls. The household survey covers those individuals as well as agricultural workers, the self-employed, workers in private households, unpaid family workers, and workers on unpaid leave.

Given that the jobs survey THIS month significantly revised the jobs numbers upward over the past number of months, it shouldn't be a big surprise to see the household survey showing a higher number of people with jobs now than the number of new jobs being report for THIS month.

Revisions are purposefully ignored by Vette. Unless they're downward ones, those are very meaningful.

 

[lovecraft68]

Didn't read this entire thread so maybe someone else said it.

Isn't this just the simple fact that people who have finally run out of employment no longer count as unemployed?

Now we should have 2 stats.

One for those collecting unemployment and then one for people who have been out of work so longer they no longer report against the statistic.

It's also just starting to head into seasonal employment. All those people getting hired to work the "Halloween superstores" for thirty days then it will be November and retail will be hiring a slew of people, most of whom will be cut loose right after Christmas.

I'll tell you right now that it is so bad here in Rhode Island that unemployment had to lay people off because the state is so broke.

How's that for irony? Being laid off from unemployment.

Especially when we're at one of the highest rates in the country so good luck collecting your goddamn check.

 

[Pookie]

Revisions are purposefully ignored by Vette. Unless they're downward ones, those are very meaningful.

The motivation behind the whining going on by the wingnuts is predictable. They been praying for bad economic news since November 2008. The positive news lately has got to be seriously disappointing for them.

 

[bra_man69]

Fuck a duck, between jobs added in Sept and the July/Aug revisions you've now started dismissing jobs gains for at least six months of each year. Your rationalizations aren't ready for prime time yet bro.

There a fucking joke just like you are.
Wait two weeks when they go back and adjust the numbers like always.
nothing Romney are Obama can do it fix it until we bottom out and the fed stops all the qe bullshit.
There's no demand for anything with are technology we can make more with less people doing it.
We have a choice to make save are own economy are the world's economy we can't do both.

 

[IrezumiKiss]

Didn't read this entire thread so maybe someone else said it.

Isn't this just the simple fact that people who have finally run out of employment no longer count as unemployed?

Now we should have 2 stats.

One for those collecting unemployment and then one for people who have been out of work so longer they no longer report against the statistic.

It's also just starting to head into seasonal employment. All those people getting hired to work the "Halloween superstores" for thirty days then it will be November and retail will be hiring a slew of people, most of whom will be cut loose right after Christmas.

I'll tell you right now that it is so bad here in Rhode Island that unemployment had to lay people off because the state is so broke.

How's that for irony? Being laid off from unemployment.

Especially when we're at one of the highest rates in the country so good luck collecting your goddamn check.

No worries.

Once Mitt kills Big Bird, we'll get those 12 million jobs back from wherever it is on planet Earth that 12 million jobs go when they're not here with us and we'll save America!

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