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Originally posted by octotom
reply to post by hoochymama
Per my understanding that 7% only is those in the labor force.
Originally posted by xedocodex
I love how when the unemployment rate goes down, people have to find other numbers that aren't usually used as a measure to complain about.
Unemployment dropped to 7.6% in March...still continuing the downward trend it has been...hence an improving economy.
It's amazing that there is a group of people that hope that the economy isn't recovering just so they can trash on Obama some more.
Give it up people...History will show that Obama pulled this country out of a nose dive...that is just historic fact.
Originally posted by xedocodex
Originally posted by camaro68ss
reply to post by St Udio
That’s a good theory you have. Either way the economy is not improving. All the numbers are fudged! I don’t even believe the numbers that are out right now. The numbers released are spun and are at least twice as worse as reported.
But you are using the numbers that the government has released to bitch and moan about the economy.
So in your mind it is ok to cherry pick numbers you want to believe...as long as you can complain about them?
You can live in your perpetual state of gloom if you want...I'll live in reality where almost all aspects of the economy are improving....housing, jobs, stock market, etc.
Originally posted by xedocodex
I love how when the unemployment rate goes down, people have to find other numbers that aren't usually used as a measure to complain about.
Unemployment dropped to 7.6% in March...still continuing the downward trend it has been...hence an improving economy.
It's amazing that there is a group of people that hope that the economy isn't recovering just so they can trash on Obama some more.
Give it up people...History will show that Obama pulled this country out of a nose dive...that is just historic fact.
Originally posted by xedocodex
Originally posted by camaro68ss
reply to post by St Udio
That’s a good theory you have. Either way the economy is not improving. All the numbers are fudged! I don’t even believe the numbers that are out right now. The numbers released are spun and are at least twice as worse as reported.
But you are using the numbers that the government has released to bitch and moan about the economy.
So in your mind it is ok to cherry pick numbers you want to believe...as long as you can complain about them?
You can live in your perpetual state of gloom if you want...I'll live in reality where almost all aspects of the economy are improving....housing, jobs, stock market, etc.
From the government. So the nation added 88K jobs; but nearly half a million dropped out of the labor force. That isn't good news.
Originally posted by octotom
reply to post by xedocodex
Can we really say that the unemployment went down though? As far as I know those that aren't in the labor force aren't counted toward the unenployment number. This would mean that if those 90 million people where looking for work, unemployment would go up. That's almost 1/3 of the US population!
Originally posted by xedocodex
reply to post by surrealist
If the 63.3 per cent participation rate had remained at the previous month's 63.5 per cent rate, the UE rate would have gone up, possibly close to 8 per cent.
No, it would have remained exactly the same.
The unemployment rate is the unemployed divided by the labor force. If you add all those that fell out of the participation rate, you add them to both the unemployed numbers and the labor force...they cancel each other out and there is no change.
So no, the participation rate falling doesn't effect the unemployment rate at all.
These figures don't mean anything when they aren't in context.
Wow, what a load of rhetoric (really want to say bull#)....there is a reason why certain criteria aren't being used to measure unemployment - it would show how bad things are.
Yes, unemployment is going down - because people have stopped looking for work. Are you so blinded by leftist rhetoric you can not see this?
Originally posted by MidnightTide
Originally posted by xedocodex
I love how when the unemployment rate goes down, people have to find other numbers that aren't usually used as a measure to complain about.
Unemployment dropped to 7.6% in March...still continuing the downward trend it has been...hence an improving economy.
It's amazing that there is a group of people that hope that the economy isn't recovering just so they can trash on Obama some more.
Give it up people...History will show that Obama pulled this country out of a nose dive...that is just historic fact.
Wow, what a load of rhetoric (really want to say bull#)....there is a reason why certain criteria aren't being used to measure unemployment - it would show how bad things are.
Yes, unemployment is going down - because people have stopped looking for work. Are you so blinded by leftist rhetoric you can not see this?
The stock market is being propped up by cheap money from the FED, the government is doing all it can to maintain the housing bubble.......and looking at your statement you must own stock in the Democrat kool-aid factory.edit on 6-4-2013 by MidnightTide because: (no reason given)
Originally posted by xedocodex
reply to post by MidnightTide
Wow, what a load of rhetoric (really want to say bull#)....there is a reason why certain criteria aren't being used to measure unemployment - it would show how bad things are.
Were those critera ever used to measure unemployment???
If they weren't before, why would you want to use them now?
Yes, unemployment is going down - because people have stopped looking for work. Are you so blinded by leftist rhetoric you can not see this?
Prove it.
Now come on, it is very apparent that the number of people in the workforce is decreasing, this explains why the unemployment rate is going down.
Just take a look at the U6 unemployment numbers, it doesn't show a pretty picture:
Things are not looking good at all, they are getting worse. Governments around the globe have been able to sell the continued illusion of a recovery because they are spending trillions of dollars - trillions of dollars out of nothing.
Originally posted by MidnightTide
reply to post by xedocodex
Sure, I am just pro doom and gloom. Why am I thinking that if there was a Republican president individuals like yourself would be running around screaming the sky is falling.
Obama supporters will just keep on denying until the economy collapses.....edit on 6-4-2013 by MidnightTide because: (no reason given)
the recovery in the housing market has been helped in a great part by heavy buying by both retail real estate investors and major institutions. According to the National Association of Realtors, cash buyers and large investors account for about 32% of home purchases across the country. (Source: Timiraos, N., “Investors Pile Into Housing, This Time as Landlords,” Wall Street Journal March 25, 2013.)
he housing market, especially in warm climate regions such as Florida and Arizona, has also been triggered by the inflow of foreign capital into the country. For the 12 months ended March 2012, foreign buyers purchased about $82.5 billion in U.S. property (4.8% of total U.S. sales), up from around $66.4 billion for the 12 months ended March 2011. (Source: “2012 Profile of International Home Buying Activity,” National Association of Realtors web site, last accessed March 26, 2013.)
Its worth repeating, Print 1 BILLION US DOLLARS = 1 job created!!!!!!!
Then instead of a new 'jobs bill', maybe we should not allow the lawful exporting of our jobs.... courtesy of Congress.... mostly due to Repubs.
Originally posted by camaro68ss
Originally posted by jimmyx
Originally posted by butcherguy
reply to post by xedocodex
Give it up people...History will show that Obama pulled this country out of a nose dive...that is just historic fact.
Yeppers, we're doing really well!
Thanks to your Emperor Obama.
right....because Obama can just wave his hand and make everything better...why don't you insist that the lazy-assed republican congressmen work on a jobs bill, as much as they work trying to lower personal income taxes for the top 1%
A jobs bill would require more debt, more spending. Job bills are quick fixes. and will not fix the underlining problems we have.