Tiberius Posted August 15, 2013 Share Posted August 15, 2013 I know this will be taken as pretty bad news on this board, but the country is doing better and moving in a better direction which for most people is good news. http://www.bloomberg.com/news/2013-08-15/jobless-claims-in-u-s-fall-to-lowest-level-in-almost-six-years.html “The labor market is improving,” said Brian Jones, a senior U.S. economist at Societe Generale in New York, who projected 322,000, the closest of all economists surveyed by Bloomberg. “We’ve got decent momentum on consumer spending” heading into the third quarter, he said. Link to comment Share on other sites More sharing options...
KD in CA Posted August 15, 2013 Share Posted August 15, 2013 Yes, sometimes economic cycles and human achievement can partially overcome government idiocy. Forward! Link to comment Share on other sites More sharing options...
/dev/null Posted August 15, 2013 Share Posted August 15, 2013 So how many people dropped out of the labor force? Link to comment Share on other sites More sharing options...
DC Tom Posted August 15, 2013 Share Posted August 15, 2013 I know this will be taken as pretty bad news on this board, but the country is doing better and moving in a better direction which for most people is good news. http://www.bloomberg...-six-years.html Yes, at this rate we might achieve the anemic job growth of the Bush administration in about 40 more years. Link to comment Share on other sites More sharing options...
Tiberius Posted August 15, 2013 Author Share Posted August 15, 2013 Yes, at this rate we might achieve the anemic job growth of the Bush administration in about 40 more years. Gotta crawl before you walk! Link to comment Share on other sites More sharing options...
PearlHowardman Posted August 15, 2013 Share Posted August 15, 2013 I can personally attest to the fact that the job market is NOT improving. Part-time, low wage jobs mostly and not too many of those available. It's a sad fact that the US Department of Labor produces a monthly jobs report that shows people giving up ever finding a job. Well, I guess what's really so sad about that is that Democrats won't admit how bad this is. Where do these people who gave up finding a job go? How do they eat? Are they homeless? "Change Idiots Fell For" Link to comment Share on other sites More sharing options...
DC Tom Posted August 15, 2013 Share Posted August 15, 2013 Gotta crawl before you walk! 40 YEARS. And the only reason his numbers are THAT good is because of 600k temporary census-related jobs created that no longer exist. Link to comment Share on other sites More sharing options...
Jauronimo Posted August 15, 2013 Share Posted August 15, 2013 I know this will be taken as pretty bad news on this board, but the country is doing better and moving in a better direction which for most people is good news. http://www.bloomberg...-six-years.html Can you figure out how that article fits together with these two? http://www.huffingtonpost.com/2013/04/06/labor-force-participation-rate_n_3028135.html http://www.zerohedge.com/news/2013-07-05/obamacare-strikes-part-time-jobs-surge-all-time-high-full-time-jobs-plunge-240000 If you only focus on one indicator, the rate of unemployment, and have no idea how that number is determined, then its easy to see improvement. Link to comment Share on other sites More sharing options...
Tiberius Posted August 15, 2013 Author Share Posted August 15, 2013 40 YEARS. And the only reason his numbers are THAT good is because of 600k temporary census-related jobs created that no longer exist. Too bad there wasn't a war to increase employment! Obama is just terrible! Link to comment Share on other sites More sharing options...
TheMadCap Posted August 15, 2013 Share Posted August 15, 2013 Too bad there wasn't a war to increase employment! Obama is just terrible! Gold, Jerry, GOLD! Link to comment Share on other sites More sharing options...
Tiberius Posted August 15, 2013 Author Share Posted August 15, 2013 Can you figure out how that article fits together with these two? http://www.huffingto..._n_3028135.html http://www.zerohedge...s-plunge-240000 If you only focus on one indicator, the rate of unemployment, and have no idea how that number is determined, then its easy to see improvement. Well, the baby boomers retiring increase the non-labor force, of course. There is also this: http://www.bloomberg.com/news/2013-08-13/with-so-many-job-openings-why-so-little-hiring-.html New economy needs new skills Link to comment Share on other sites More sharing options...
Jauronimo Posted August 15, 2013 Share Posted August 15, 2013 Well, the baby boomers retiring increase the non-labor force, of course. There is also this: http://www.bloomberg...le-hiring-.html New economy needs new skills Record numbers of people collecting disability decrease the labor participation rate too, of course. http://www.thenewamerican.com/usnews/item/15399-record-number-10-9-million-americans-collecting-disability High structural unemployment is a sign that things are improving? Link to comment Share on other sites More sharing options...
Tiberius Posted August 15, 2013 Author Share Posted August 15, 2013 (edited) Record numbers of people collecting disability decrease the labor participation rate too, of course. http://www.thenewame...ting-disability High structural unemployment is a sign that things are improving? More job openings are a bad sign? And how can you expect not to have more people on disability with an aging work force? The boomers are getting up there! Edited August 15, 2013 by gatorman Link to comment Share on other sites More sharing options...
KD in CA Posted August 15, 2013 Share Posted August 15, 2013 Gold, Jerry, GOLD! gBills always brings the goods. Link to comment Share on other sites More sharing options...
DC Tom Posted August 15, 2013 Share Posted August 15, 2013 Too bad there wasn't a war to increase employment! Obama is just terrible! There was a trillion-dollar stimulus. Link to comment Share on other sites More sharing options...
KD in CA Posted August 15, 2013 Share Posted August 15, 2013 There was a trillion-dollar stimulus. Every year. Link to comment Share on other sites More sharing options...
B-Man Posted August 15, 2013 Share Posted August 15, 2013 Improving Job Market..................... war is peace freedom is slavery ignorance is strength . Link to comment Share on other sites More sharing options...
DC Tom Posted August 15, 2013 Share Posted August 15, 2013 Improving Job Market..................... war is peace freedom is slavery ignorance is strength . I pine for the days of Bush's "jobless recovery." And how can you expect not to have more people on disability with an aging work force? The boomers are getting up there! It's called "retirement," not "disability," you numbskull. But it is good to see you back, Dave. Link to comment Share on other sites More sharing options...
KD in CA Posted August 15, 2013 Share Posted August 15, 2013 I pine for the days of Bush's "jobless recovery." It's called "retirement," not "disability," you numbskull. But it is good to see you back, Dave. I thought he was pBills. Link to comment Share on other sites More sharing options...
DC Tom Posted August 15, 2013 Share Posted August 15, 2013 I thought he was pBills. Let's check. Unions suck! Link to comment Share on other sites More sharing options...
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