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Old 10-05-2012, 11:00 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,268,118 times
Reputation: 4269

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Quote:
Originally Posted by liamscott View Post
It's not the only ones that's been added over the last couple of months. I think that it'll go down at least temporarily for the holiday season. It's October a lot of people (inc. me) start shopping now. So stores are already hiring people. I hope the economy picks up any of this news is good news. And the unemployment rate is never ever ever accurate. They don't count a lot of people. I don't think it's been manipulated. I'm voting for Johnson and don't like the job Obama's done but I don't think it's in him to fudge numbers either. I like him on a personal level a lot more than Romney.
Liking Obama is not hard to do but when you think about his number one advisors and how little they give a damn about anything other than re-election you have to realize that these numbers have surely been played around with. David Axelrod and that Jarrett woman don't care about anything else.
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Old 10-05-2012, 11:03 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,268,118 times
Reputation: 4269
Quote:
Originally Posted by sware2cod View Post
The same method of measuring unemployment statistics has been around a long time.

Don't try to use a different method or skew the statistics in an attempt to spin against Obama.

----------
We keep hearing over and over "no president has ever been elected with unemployment above 8%". Now it's 7.8%.

Obama 2012
Why would one wonder about those numbers you posted? Of course, it is obvious what the truth must be but then I always hear that numbers don't lie. Of course, sometimes the people in charge of the numbers aren't really so truthful. Hilda Solis??
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Old 10-05-2012, 11:33 AM
 
645 posts, read 1,276,056 times
Reputation: 1782
Quote:
Originally Posted by Think4Yourself View Post
It's been hilarious watching Republicans try to spin this as bad news. BTW Both July and August also got big revisions upwards, almost 80% upwards with 180,000 new jobs created in just one month. I'm positive that September will also be revised upwards. Then we go into the holiday hiring season which will also increase job growth.

Despite the most desperate wishes of Republicans the economy is picking up steam and the rate of job growth is INCREASING. Sorry, guys, but once again reality is not on your side when you claim we're going back into recession.
Since I loathe both parties equally, it's been even more hilarious watching the obvious fan boys of Democrats crack on the minions of the Republicans finger point and play the blame game. Sadly both camps of puppets obviously do not understand that the government will never do anything meaningful for them and all their bickering and blame gaming does is keep the nation divided so the powers that be can grab more wealth and power.

I could care less what cooked book figures you keep restating, it's obvious to me that for the common person, there has been no real gain in jobs that pay a living wage. I simply cannot fathom anybody that believes that just because some slave presstitute for a media, gubment, or huge coruptation has said they created more jobs, doesn't really mean that they did. Moreover, even if said jobs did increase, I personally do not find any cause to champion that there were tens, hundreds or millions of jobs created in a low paying service economy selling beers, burgers, and haircuts to each other. More jobs during the Christmas season being championed? I've never heard of anything so funny yet so sad at the same time. Anybody believing that such jobs create personal wealth or add to the economy should then also believe that you and I are neighbors. It snows, so I pay you to shovel my sidewalk for one dollar. While you're doing it, you offer to pay me one dollar to shovel yours, so I do. Hence, you and I have just created two dollars of wealth in Americas economy... I'm not sure whether I should be angry with you, find it humorous, or feel sorry for you because "None are more hopelessly enslaved than those who falsely believe they are free." The quote was originally written by Johann Wolfgang von Goethe.

Quote:
Originally Posted by Think4Yourself View Post
Do you ever find a conspiracy theory you don't buy into? The way unemployment is counted has remained unchanged since Bush's first term. That's just a FACT.
And they began cooking books at least as early as the 1940s so the tautology you're subscribing to is flawed in my opinion.

Quote:
Originally Posted by Think4Yourself View Post
No, most of the people leaving the work force are retiring as we have a huge number of baby boomers hitting 65. 7600 people per day in the US turn 65, that's 228,000 per month. They're retiring by choice not just dropping out of the job market. They've hit the age where they can get social security and start cashing pension checks so they're just plain retiring.

That said, despite 228,000 retiring each month the total work place participation rate actually went up 0.1% last month. That means more people net in the work force so the jobs growth is real despite the wild claims by Republicans who want the economy to fail.
Even if the numbers you're referencing are correct, which I obviously believe aren't, a 0.1% work place participation increase ie job growth isn't something to cheer about. It took us at least 55 - 60 years to spiral down this far, and some will tell you it began with the creation of the Federal Reserve back in 1913ish. Hence, it doesn't mean that we're on the road to recovery, and it's absolutely nothing to rush on over to City Data Forum with and post as if to spread the cheer and gloat. Even if these jobs paid a real wage, it would still be anemic in light of all the real jobs we lost over the past 50+ years along with our significant increase in population. Even if we completely dismiss our job losses over the past few decades, this purported job increase is pathetic in light of the record number of welfare, food stamp, and Social Security Disability rolls of people who've obviously opted out of low paying dead end jobs. Moreover, since the books are obviously cooked, how are we to tell whether this is just an anomaly in their arbitrary figures, a miscalculation, or most likely, just an outright lie for the supporters?

Quote:
Originally Posted by Think4Yourself View Post
You just never get the facts right, do you?
Not everybody buys into what the government tells us and the tautological rhetoric spewed forth by their backslappers.

Quote:
Originally Posted by Think4Yourself View Post
The trend is very definitely upwards despite your desire for America's economy to fail. You're unpatriotic hatred of America disgusts me.
It's hardly conclusive proof that there's a definite upwards trend for the common American. While I can't speak for the rest of the population, I know that I personally do not want the economy to fail. However, it's got all the earmarks of failure, and for commonplace former factory workers like myself, it has already failed. I challenge your faux patriotism. I feel that you're simply a sex slave yesman for your own party because neither your party nor the opposition respects The Constitution or Bill of Rights. I love what America stood for, but I do seem to hate the new police state nanny government you seem to obviously favor.

I'd strongly suggest a name change to "SpoonFedBeliever."

Last edited by bolillo_loco; 10-05-2012 at 11:53 AM.. Reason: I am no Rhodes scholar...
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Old 10-05-2012, 12:21 PM
 
Location: High Cotton
6,125 posts, read 7,474,737 times
Reputation: 3657
Quote:
Originally Posted by Think4Yourself View Post
News Max? The home of birthers and 9/11 conspiracy theorists.

Maybe you'll like this link better!!!!

http://money.cnn.com/2012/10/05/news/economy/welch-unemployment-rate/index.html?iid=Lead
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Old 10-05-2012, 12:30 PM
2K5Gx2km
 
n/a posts
We all know these numbers are manipulated more than a porn star.
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Old 10-05-2012, 02:03 PM
 
Location: High Cotton
6,125 posts, read 7,474,737 times
Reputation: 3657
Former GE CEO Jack Welch is on FOX right now to defend his remarks that the employment numbers are manipulated!
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Old 10-05-2012, 02:34 PM
 
465 posts, read 507,846 times
Reputation: 169
Quote:
Originally Posted by roysoldboy View Post
Liking Obama is not hard to do but when you think about his number one advisors and how little they give a damn about anything other than re-election you have to realize that these numbers have surely been played around with. David Axelrod and that Jarrett woman don't care about anything else.
there's been several news stories about the unemployment nos. today with both republicans and dems. saying they've not been made up so i don't believe they were...there's been stories online on cnn, msnbc, several business news sites...i'm just saying it's good news...not great but good news...i'm still for johnson but I can appreciate good news too.
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Old 10-05-2012, 02:53 PM
 
6,205 posts, read 7,460,466 times
Reputation: 3563
Quote:
Originally Posted by VTHokieFan View Post
No doubt about that, but can liberals agree that 114k new jobs sliding the unemployment rate from 8.1 to 7.8% is a bit manipulative?
Job creation will grow excessively until Nov 7th. Problem is that January is not far behind.
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Old 10-05-2012, 03:22 PM
 
16,376 posts, read 22,486,570 times
Reputation: 14398
Quote:
Originally Posted by Lost Leaf View Post
For 43 consecutive moths the unemployment rate has been over 8% and one month prior to the election it suddenly drops under 8%?

Hmmmmm, how convenient.
It has been gradually dropping and this was the next natural progression. Look at a graph.
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Old 10-05-2012, 07:50 PM
 
Location: Ohio
24,621 posts, read 19,165,825 times
Reputation: 21738
Quote:
Originally Posted by Think4Yourself View Post
It's been hilarious watching Republicans try to spin this as bad news. BTW Both July and August also got big revisions upwards, almost 80% upwards with 180,000 new jobs created in just one month. I'm positive that September will also be revised upwards. Then we go into the holiday hiring season which will also increase job growth.
Yes, lot's of part-time temporary jobs. Impressive.

Quote:
Originally Posted by Think4Yourself View Post
Despite the most desperate wishes of Republicans the economy is picking up steam and the rate of job growth is INCREASING. Sorry, guys, but once again reality is not on your side when you claim we're going back into recession.
Reality? Uh, recession is measured by economic output in the form of GDP, not unemployment numbers.

Your GDP has been declining, and it was a paltry 1.3% for the 2nd Quarter, with the 3rd Quarter not looking promising.

The fact that any GDP growth at all is the sole result of government deficit spending $30 to a get measly $1 in GDP, plus the Obama Tax Cuts, plus the FICA tax holiday would frighten intelligent people, who realize that your GDP growth is nothing but smoke and mirrors.

Nice attempt at moving the goal-posts.

Quote:
Originally Posted by Think4Yourself View Post
BTW the job participation rate actually went up again in September despite Republican claims. This is simply not a case of the unemployment rate dropping because people were leaving the work force. Far from it.
LNU02500000....Full-Time Employment

Aug 116,214,000
Sep 115,678,000
LNU02600000....Part-Time Employment

Aug 26,344,000
Sep 27,655,000

I just slam dunked you big-time.

LNU01300000...Labor Force Participation Rate

Aug 63.7%
Sep 63.6%

I think you were romanticizing about your date with Herr Göbbels.

Quote:
Originally Posted by Think4Yourself View Post
You have a reading problem. The total work place participation rate actually went UP last month despite 228,000 retiring.

You just never get the facts right, do you?
No, you have the reading problem.

Full-time employment declined.
Part-time employment increased.

The Labor Force Participation Rate declined.

I just buried you in facts.

If you want to impress me, then demonstrate how you can prevent the Medicare Trust Fund from collapsing in 2018 and the OASDI Trust Fund from collapsing 2023-2024 with a Labor Participation rate of <66%.

Burying...

Mircea

Quote:
Originally Posted by rikoshaprl View Post
Factories eliminated 16,000 positions, compared with the survey forecast of no change and following a 22,000 decrease in the previous month.[LEFT]
U.S. Jobless Rate Declines to 7.8%; 114,000 Jobs Added

66% of the new jobs are part time jobs that were taken by job seekers because they could not find full time work.
Very good.

When people are beating their chests and patting themselves on the back for part-time workers, you know the US is FUBAR.

Approving...

Mircea
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