3rdnlng Posted February 21, 2012 Share Posted February 21, 2012 http://cnsnews.com/news/article/gallup-finds-unemployment-climbing-nine-percent-february Watcha think Davey? Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted February 21, 2012 Share Posted February 21, 2012 http://cnsnews.com/news/article/gallup-finds-unemployment-climbing-nine-percent-february Watcha think Davey? I'll tell you what I think. If more people decide to come back into the workforce due to the pickup in the economy unemployment will top 9%. What we want to look at is jobs created at this point. If the economy is creating jobs we're on the right path. Link to comment Share on other sites More sharing options...
Joe Miner Posted February 21, 2012 Share Posted February 21, 2012 I'll tell you what I think. If more people decide to come back into the workforce due to the pickup in the economy unemployment will top 9%. What we want to look at is jobs created at this point. If the economy is creating jobs we're on the right path. Simpleton Link to comment Share on other sites More sharing options...
DC Tom Posted February 21, 2012 Share Posted February 21, 2012 I'll tell you what I think. If more people decide to come back into the workforce due to the pickup in the economy unemployment will top 9%. What we want to look at is jobs created at this point. If the economy is creating jobs we're on the right path. Hey, we actually agree on something. I don't remember, though...were you crowing about the 8.3% unemployment number, or was it only DIN who was that stupid? Link to comment Share on other sites More sharing options...
1billsfan Posted February 21, 2012 Share Posted February 21, 2012 I'll tell you what I think. If more people decide to come back into the workforce due to the pickup in the economy unemployment will top 9%. What we want to look at is jobs created at this point. If the economy is creating jobs we're on the right path. A day ago these people didn't even exist in your world!! Just wait and see what the soaring gas prices will do to the unemployment number. Don't look now but the planets are starting to align for a Sarah Palin presidency...LOL Link to comment Share on other sites More sharing options...
B-Man Posted February 21, 2012 Share Posted February 21, 2012 Yes, economic recovery has been in the news all week. The president has modestly credited his own policies as the cause. And a media intent on his reelection and with no real grasp of economic data has embraced the Recovery February storyline. And yes, the S&P is back close to its level of April a year ago, though that is still 13% below its decade peak in October 2007. But can you take the recovery talking and “Happy Days Are Here Again” singing to the bank? Buyer beware. Here is some of the unsettling data. Jobs? Yes, up. The raw number of jobs has been rising despite occasional blips for most of the last two years. But the rise has not kept pace with the growth in the workforce, which means mainly the pace at which young people are coming of age. The labor force participation rate – the percent of the adult population with jobs -- is down to around 63 percent, considerably below the 66 percent of early 2008and the trend is down, not up. . Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted February 21, 2012 Share Posted February 21, 2012 Hey, we actually agree on something. I don't remember, though...were you crowing about the 8.3% unemployment number, or was it only DIN who was that stupid? I think the Unemployment rate is a load of **** unless you count the people who have given up looking for work. If we were to count them though you would see a drop in the unemployment rate from something like 13.1% to 13% I think the BLS should just use that standard. Or they should just take out the L and be the BS. A day ago these people didn't even exist in your world!! Just wait and see what the soaring gas prices will do to the unemployment number. Don't look now but the planets are starting to align for a Sarah Palin presidency...LOL Yes, those people did exist in my world. And yes oil prices are going to kill the recovery. That would be reason #1247 why we need to get off oil. Link to comment Share on other sites More sharing options...
DC Tom Posted February 21, 2012 Share Posted February 21, 2012 I think the Unemployment rate is a load of **** unless you count the people who have given up looking for work. If we were to count them though you would see a drop in the unemployment rate from something like 13.1% to 13% I think the BLS should just use that standard. Or they should just take out the L and be the BS. Actually, that number's gone up slightly...but that number's also problematic, because the labor force and pool of people available to it isn't static. For example: in January 2012, the number of people not in the labor force (which includes people who want a job but gave up looking) increased by a million people, but the total noninstitutional population (i.e. people employable) increased by 1.7 million. So did a million people leave the labor force, or did a million enter it? And by the way, the number of employed increased by 800k, but the number of unemployed dropped by about 300k...add up the numbers, and it seems about 200k people went missing (or, more likely got part-time jobs, which I didn't include here). And those are the "seasonally adjusted" numbers, whatever that adjustment is. So basically...lies, damned lies, and statistics. I can make the labor report say anything I want it to say. I'd sooner trust ADP's payroll numbers than I would the BLS reports. Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted February 21, 2012 Share Posted February 21, 2012 Actually, that number's gone up slightly...but that number's also problematic, because the labor force and pool of people available to it isn't static. For example: in January 2012, the number of people not in the labor force (which includes people who want a job but gave up looking) increased by a million people, but the total noninstitutional population (i.e. people employable) increased by 1.7 million. So did a million people leave the labor force, or did a million enter it? And by the way, the number of employed increased by 800k, but the number of unemployed dropped by about 300k...add up the numbers, and it seems about 200k people went missing (or, more likely got part-time jobs, which I didn't include here). And those are the "seasonally adjusted" numbers, whatever that adjustment is. So basically...lies, damned lies, and statistics. I can make the labor report say anything I want it to say. I'd sooner trust ADP's payroll numbers than I would the BLS reports. I can't believe this... We agree on something. Holy **** I'm marking my calender!! Link to comment Share on other sites More sharing options...
DC Tom Posted February 21, 2012 Share Posted February 21, 2012 I can't believe this... We agree on something. Holy **** I'm marking my calender!! I'd be worried, but...accidents happen, and you're still an idiot. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 21, 2012 Share Posted February 21, 2012 http://cnsnews.com/news/article/gallup-finds-unemployment-climbing-nine-percent-february Watcha think Davey? Oh hurrah! Gonna go throw a party? Maybe we will have a natural disaster hit, then you can really celebrate Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted February 21, 2012 Share Posted February 21, 2012 I'd be worried, but...accidents happen, and you're still an idiot. And you're still a douche bag. In the most general sense of the word. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 21, 2012 Share Posted February 21, 2012 Actually, that number's gone up slightly...but that number's also problematic, because the labor force and pool of people available to it isn't static. For example: in January 2012, the number of people not in the labor force (which includes people who want a job but gave up looking) increased by a million people, but the total noninstitutional population (i.e. people employable) increased by 1.7 million. So did a million people leave the labor force, or did a million enter it? And by the way, the number of employed increased by 800k, but the number of unemployed dropped by about 300k...add up the numbers, and it seems about 200k people went missing (or, more likely got part-time jobs, which I didn't include here). And those are the "seasonally adjusted" numbers, whatever that adjustment is. So basically...lies, damned lies, and statistics. I can make the labor report say anything I want it to say. I'd sooner trust ADP's payroll numbers than I would the BLS reports. How many baby boomers leave the workforce each month? Link to comment Share on other sites More sharing options...
3rdnlng Posted February 21, 2012 Author Share Posted February 21, 2012 Oh hurrah! Gonna go throw a party? Maybe we will have a natural disaster hit, then you can really celebrate Why would I throw a party? There's no reason to celebrate the fact that even when they cook the books they can't get the rate to go down, 6. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted February 21, 2012 Share Posted February 21, 2012 Why would I throw a party? There's no reason to celebrate the fact that even when they cook the books they can't get the rate to go down, 6. Oh, Gallop is in on the conspiracy, too? Link to comment Share on other sites More sharing options...
3rdnlng Posted February 21, 2012 Author Share Posted February 21, 2012 Oh, Gallop is in on the conspiracy, too? It wouldn't be a conspiracy if they all weren't involved. You identified Gallop but did you know Pace and Trot were involved too? I haven't determined where Walker fits in yet. Link to comment Share on other sites More sharing options...
DC Tom Posted February 21, 2012 Share Posted February 21, 2012 How many baby boomers leave the workforce each month? Probably quite a few. They don't break the numbers down like that, so all you get from the report is relative increase or decrease. Pardon me, all the rest of us get from the report. You only get a paper hat. Link to comment Share on other sites More sharing options...
Wisconsin Bills Fan Posted February 21, 2012 Share Posted February 21, 2012 Oh hurrah! Gonna go throw a party? Maybe we will have a natural disaster hit, then you can really celebrate Boom!!! Up to 9%!!! Wooo!!!! Obama!! Obama!!! Obama!!! Link to comment Share on other sites More sharing options...
DC Tom Posted February 22, 2012 Share Posted February 22, 2012 Boom!!! Up to 9%!!! Wooo!!!! Obama!! Obama!!! Obama!!! Oh, shut up. You're almost as big a retard as DIN is. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 22, 2012 Share Posted February 22, 2012 Oh, shut up. You're almost as big a retard as DIN is. Ok let's be honest here. Link to comment Share on other sites More sharing options...
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