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Unemployment Rate Drops to 5.9%

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posted on Oct, 5 2014 @ 10:25 PM
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The unemployment rate has dropped below 6% for the first time since 2008.

Unemployment rate drops to 5.9% as job growth rebounds

Labor Force Statistics from the Current Population Survey

More people are also leaving the labor force. The percentage of the population working has dropped from 62.8% to 62.7%. That data can be found here.




posted on Oct, 5 2014 @ 10:30 PM
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A lower number due to less workers. Lower due to less jobs and everyone knows by now the Unemployment rate is BS because it also means bad news.



posted on Oct, 5 2014 @ 10:32 PM
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a reply to: links234
Many skilled professional used to making $40+ dollars an hour and are asked to do the same work for $17 to $19 per hour, usually leave the work force. Its either outright exploitation or the companies are trying to compete with foreign wages.

The unemployment rate has dropped because their are more jobs for unskilled and semi skilled people, usually in the $10 to $15 per hour range. No middle class jobs.


edit on 5-10-2014 by eManym because: (no reason given)



posted on Oct, 5 2014 @ 10:32 PM
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a reply to: dreamfox1

Most "jobs" pay far less then being on government assistance until this changes well...



posted on Oct, 5 2014 @ 10:33 PM
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a reply to: eManym

The print shop I'm working at is going to close if the union doesn't accept a 3% payout, overtime losses, lose over a week of paid vacation and their losing their pensions for a 401k

Happening right now.



posted on Oct, 5 2014 @ 10:37 PM
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America will start becoming that "third world" country that other foreign corporations start outsourcing their stuff to over here. The Americans will probably contribute a large portion of the future world's unskilled labor force because our education system is also significantly terrible compared to most of the modern Western world.



posted on Oct, 5 2014 @ 10:39 PM
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a reply to: moeron60

Exactly.

Look at how many college programs offer CCNA, CCNP, and CCIE programs.

Very few.

Non of the programs offered at community colleges are PEL grant approved for jobs that are middle America i come40-70k a year. Like the CDL program, CCNA, among others.

Our college programs are crap.



posted on Oct, 5 2014 @ 10:50 PM
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a reply to: links234
Already posted and it is not accurate at all.....

ATS

Accuracy



posted on Oct, 5 2014 @ 11:11 PM
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New flash everything is back to normal, people are employed, the economy has recovered now be a patriot and buy somethings



posted on Oct, 6 2014 @ 12:47 AM
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Less unemployment? Not hard to claim when you change the definition to people only on unemployment insurance.



posted on Oct, 6 2014 @ 12:52 AM
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originally posted by: onequestion
a reply to: moeron60

Exactly.

Look at how many college programs offer CCNA, CCNP, and CCIE programs.

Very few.

Non of the programs offered at community colleges are PEL grant approved for jobs that are middle America i come40-70k a year. Like the CDL program, CCNA, among others.

Our college programs are crap.


Of course not 1?....they want you to do a medical transcription program. #sarcasm.



posted on Oct, 6 2014 @ 12:57 AM
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a reply to: onequestion

That is absolute BS. I've been unemployed for almost 5 years now and all I qualify for is about $189 a month in food stamps. Right now I would kill for a job but no one wants to hire me and everyone with a job just like to tell me to go find a job.

If it were that easy to find work I would have found work.

To say that someone can get more collecting welfare than actually working is just promoting class warfare.



posted on Oct, 6 2014 @ 12:59 AM
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part time seasonal work, Is run up until Christmas



posted on Oct, 6 2014 @ 01:33 AM
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a reply to: jrod

Unemployeed for five years that's crazy your not leaving your house



posted on Oct, 6 2014 @ 01:46 AM
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originally posted by: onequestion
a reply to: eManym

The print shop I'm working at is going to close if the union doesn't accept a 3% payout, overtime losses, lose over a week of paid vacation and their losing their pensions for a 401k

Happening right now.


Sounds better than my previous job. Each year we would have to secretly bid what pay/benefits we would work for. They never said what was found acceptable but if someone was too high they would simply be fired and sometimes replaced.



posted on Oct, 6 2014 @ 07:53 AM
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originally posted by: moeron60
America will start becoming that "third world" country that other foreign corporations start outsourcing their stuff to over here. The Americans will probably contribute a large portion of the future world's unskilled labor force because our education system is also significantly terrible compared to most of the modern Western world.


Why do you think we stole illiterate children from south america this summer. There has to be a reason.

I think because our citizens are not having enough children, if you separate out illegal citizens from legal ones, the legal ones are having way less than replacement rate children.

So we steal children to do the unskilled labor that our citizen children won't do. My sister who screens these kids in TX says most can't even read or write in their own language (she is fluent in 3 languages, 2 south American languages). She said most are so illiterate in their own language that the older "children" can't even pass Kinder level vocabulary or skills in their own language.

Then our US citizen kids who are undereducated will be the supervisors and low level managers of the completely uneducated and we have our manufacturing base, like the third world democratic dictatorship we have become.

Anyway, the real reason our unemployment rate is so low is that currently a huge number of american adults are so discouraged they have quit looking for work and so no longer count as unemployed.

Currently close to 40% of US adults are not working

.


www.heritage.org...
The unemployment rate is calculated on the people who are looking for work and ignores the people who are discouraged workers who quit looking.

cnsnews.com...

www.washingtonpost.com...
The unemployment rate as calculated by the government is not the same thing as the rate of people who are out of work.




edit on 9Mon, 06 Oct 2014 09:33:55 -0500am100610amk061 by grandmakdw because: addition



posted on Oct, 6 2014 @ 08:09 AM
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originally posted by: jrod
a reply to: onequestion

That is absolute BS. I've been unemployed for almost 5 years now and all I qualify for is about $189 a month in food stamps. Right now I would kill for a job but no one wants to hire me and everyone with a job just like to tell me to go find a job.

If it were that easy to find work I would have found work.

To say that someone can get more collecting welfare than actually working is just promoting class warfare.


There is one state, that if you are willing to move to is an exception to the rest of the country. Much to the dismay of the government because the liberals/progressives/socialists don't like the way they are doing it, drilling for oil.

But that one state could not handle it if all the nations discouraged workers went there, but the ones with enough guts to make the move can get jobs in one state out of 50.

There are lots and lots of jobs to be had near the oil field of south dakota, and good paying jobs too. Go there and get a job then bring your family. You don't even have to have an education to get a good job there, just a good work ethic.




edit on 8Mon, 06 Oct 2014 08:14:10 -0500am100610amk061 by grandmakdw because: spelling



posted on Oct, 6 2014 @ 08:53 AM
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a reply to: grandmakdw

You need the money to move. A bus ticket and a suitcase will not guarantee you a job when you get to the "New Wild West" of North and South Dakota oil fields, either.

There are jobs out there. Most are low paying and part time. And if you have been out of work for a few years to care for a sick parent or raise your kids, good luck, most HR people just look at dates, not cover letters. After you have been determined "chronically unemployed" for whatever reason, your resume is tossed. I know a few people that lost their jobs in '08 and decided to stay home with their kids because child care costs were more than what they would have made that have had that happen.



posted on Oct, 6 2014 @ 09:32 AM
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a reply to: the owlbear

You are correct. That is why most won't move to the Dakota's. And the Dakota's can't handle all the US unemployed.

But, the person who said they couldn't get a job sounded like a breadwinner and those people can borrow money or do whatever it takes to get there. But obviously that is not for everyone.

I understand what you are saying about child care. At one point in my life I calculated I'd earn $1 a hour after paying for childcare and decided to stay home even though I am quite well educated. But when the kids entered school, I went back to work.

This current economy sucks and the mainstream media and the government are openly lying to us about it, trying to make it look rosier than it is. Why the government lies continuously to the public about nearly everything has become a great source of angst for me.



posted on Oct, 6 2014 @ 10:05 AM
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originally posted by: onequestion
a reply to: jrod

Unemployeed for five years that's crazy your not leaving your house

He's in FL. I can vouch for the lack of ANYTHING in that state, I grew up down there & it's why we left that black hole. If he's going to leave FL for better prospects, he needs to have money first, and the way that state is, once your income slips, so do you. Saying "just get out and look" is bullsnip, where there isn't anything to apply for, it's not there. Get it through your heads, desire does not equal availability anymore.
He'd likely need to carpool it out of the state to be able to remotely afford to in the first place, assuming he can find someone who wants out or can afford to themselves. Good luck with that,easier said than done.

You folks would not believe the amount of FL people on the road northbound with moving vans when we left. It was pretty telling. They weren't dominating the road by any means, but we had an eye-opening amount of company on the way out of state.




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