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Labor Force Participation is at 64.2%, it was unchanged from last month, and continues to be at a 25 year low. Should the LFP return to its 25 trendline average of 66.1%, the unemployment rate would be 11.6%.
They should be going right through the roof, right? I mean the Repubs are running the show and I can see all the things they have done to create more jobs since they were elected? Oh wait, they haven't done a thing except to continue their whinning, never mind
Casper
They should be going right through the roof, right? I mean the Repubs are running the show and I can see all the things they have done to create more jobs since they were elected? Oh wait, they haven't done a thing except to continue their whinning, never mind
Casper
That sad part is people think the government controls employment.
He's showing you how the Obama administration has had the numbers manipulated.
His excuse would probably be that we had to do that to start to begin some confidence in our nation before all the Obama money printing would turn the currency to pesos.
He's showing you how the Obama administration has had the numbers manipulated.
His excuse would probably be that we had to do that to start to begin some confidence in our nation before all the Obama money printing would turn the currency to pesos.
Actually what that poster is doing spewing complete garbage that bears no relationship to reality whatsoever.
It would take at least 350,000 jobs a month to lower unemployment at all. This is just another example of how distorted and false the economic data that gets reported actually is.
Now you say I am spewing garbage? I guess trim tabs is also. Prove the BLS did not lower the bar.
My problem isn't so much with TrimTabs as with the Shadow Government Statistics data that's referenced. SGS pumps out a LOT of garbage. Folks on the lunatic-fringe far Right really loves that site though.
Labor Force Participation is at 64.2%, it was unchanged from last month, and continues to be at a 25 year low. Should the LFP return to its 25 trendline average of 66.1%, the unemployment rate would be 11.6%.
Way to much for a liberal to understand.
The robots can only comprehend so much and this is over their head.
Obama is fixing the numbers but the best thing about it if things are looking up in the job market like the dreamland some here think it is only because the Republicans have given businesses the trust needed to know to invest in themselves because Obama cannot tax them to death if they grow.
Thanks to the REPUBLICANS for a job well done!!!
Business are not afraid to hire anymore because of the death tax and spending of the demwits and Obama teamed together.
Labor Force Participation is at 64.2%, it was unchanged from last month, and continues to be at a 25 year low. Should the LFP return to its 25 trendline average of 66.1%, the unemployment rate would be 11.6%.
Spot on. Anyone with a brain knows these numbers mean nothing. There was even a clip of Rick Santelli today, where he pretty much said the same thing. Is our country so screwed now that we have to celebrate a 8.9% UE rate (that has been manipulated down from a lot higher)?
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