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Old 12-06-2013, 08:35 AM
 
16,553 posts, read 11,051,457 times
Reputation: 4218

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Here we go again. EVERY YEAR it's the same old ****. This is from temp. holiday hiring and nothing else. Watch in Feb. when the numbers come out. Back up it goes AGAIN!
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Old 12-06-2013, 08:36 AM
 
Location: Philadelphia Area
1,689 posts, read 1,016,252 times
Reputation: 1336
Quote:
Originally Posted by ntwrkguy1 View Post
The 101 million number is the working age Americans classified as "not in the workforce". However, Suncc499 either used the wrong number, or is pulling from info other than BLS. As of Nov. 2013, BLS is showing 91 million working age Americans not in the workforce, or 29% of the overall population.

A-38. Persons not in the labor force by desire and availability for work, age, and sex


But this is where the statistics start to get fuzzy.

In the chart, under the column "Do Not Want A Job Now", the number is 86 million people. In the footnotes for that number, it says "Includes some persons who are not asked if they want a job." That's a VERY broad interpretation, because I'm sure they didn't ask 85,985,212 people if they want a job.

Again.....so we're to believe as gospel everything coming from DC? The same statistics can always tell more than one story.
Yep, anyone believe there are over 21,000,000 25-54 year olds who do not want or need a job. Not many 54 year olds can afford to retire and not many, a miniscule amount, of this age group are independently wealthy or Trust Fund babies.

Making 9 Million Jobless Vanish: How The Government Manipulates Unemployment Statistics
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Old 12-06-2013, 08:39 AM
 
Location: Pine Grove,AL
21,729 posts, read 10,593,592 times
Reputation: 3946
Quote:
Originally Posted by ntwrkguy1 View Post
The 101 million number is the working age Americans classified as "not in the workforce". However, Suncc499 either used the wrong number, or is pulling from info other than BLS. As of Nov. 2013, BLS is showing 91 million working age Americans not in the workforce, or 29% of the overall population.

A-38. Persons not in the labor force by desire and availability for work, age, and sex


But this is where the statistics start to get fuzzy.

In the chart, under the column "Do Not Want A Job Now", the number is 86 million people. In the footnotes for that number, it says "Includes some persons who are not asked if they want a job." That's a VERY broad interpretation, because I'm sure they didn't ask 85,985,212 people if they want a job.

Again.....so we're to believe as gospel everything coming from DC? The same statistics can always tell more than one story.
The number is an estimation based on a survey of a representative sample.

However, the other numbers (203,000) are based on employment rolls, companies actually report in for the most part and that is how they come to those conclusion.

Also, no one is asking you to take it as gospel, but from my perspective, it looks as though believing it or not is based on politics rather than skepticism of government in general.
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Old 12-06-2013, 08:40 AM
 
2,667 posts, read 2,734,559 times
Reputation: 7700
There was an article in the Chicago Tribune yesterday that said when the unemployment benefit extension runs out at the end of the year, (unless it's extended) the government figures that the unemployment rate will drop about 1/2 of 1 % because of the people that will quit looking for work and won't be counted as unemployed anymore. I guess they'll take any numbers that will make them look good.
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Old 12-06-2013, 08:40 AM
 
47,576 posts, read 58,699,632 times
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The real proof of this wonderful economy will be the fact that we can now slash the government handout programs. Now even liberals should be admitting that those who aren't working are just too lazy to work. 7% unemployment means anyone who wants a job will have one, it might not be within a week, but there is no reason now to have unemployment extensions and it's time to cut back all the handouts.
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Old 12-06-2013, 08:43 AM
 
Location: Miami, FL
58,451 posts, read 31,853,456 times
Reputation: 9399
Quote:
Originally Posted by softblueyz View Post
How could you not? Common sense dictates. It's due to the temporary help that gets hired EVERY year. February UE claims will go up, jobs down.
The number is actually seasonally adjusted.
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Old 12-06-2013, 08:43 AM
 
47,576 posts, read 58,699,632 times
Reputation: 22158
Quote:
Originally Posted by dsjj251 View Post
Please back up the bold.

You seem to be arguing that since out economy did not collapse during the shut down, it means it was a good thing, That is completely untrue and has no basis in reality.
It's just like the sequester --- the liberals claimed it would harm the economy but the reverse happened.

The shut down didn't collapse the economy --- as they claimed it would and now following the shut down and the cut in food stamps, the economy is doing very well, unemployment rates have fallen very nicely.

Cuts do help.
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Old 12-06-2013, 08:44 AM
 
Location: NE Ohio
30,090 posts, read 15,655,929 times
Reputation: 8783
Quote:
Originally Posted by Goodnight View Post
This is great news, unemployment at a 5 year low, long ways to go but very positive indicator.



US Unemployment Falls to 7 Pct. on 203K Jobs Added - ABC News
Balony. The figure ignores all those who have dropped out of the labor force. It is not the true unemployment figure, which is still around 14% or more.
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Old 12-06-2013, 08:46 AM
 
Location: Richmond,VA
2,872 posts, read 1,873,823 times
Reputation: 2078
If Obama could just have another $800 billion stimulus package, he could get the UE rate down to 6.9%. Plenty of shovel ready projects waiting, right?
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Old 12-06-2013, 08:47 AM
 
47,576 posts, read 58,699,632 times
Reputation: 22158
We should all be glad for this news. Now there should be no talk of more unemployment extensions. It's time for all to get back to work. End all those tiers after tiers -- all that nonsense.

7% unemployment rates means it time to stop a lot of the handouts and if people want money, they need to work for it.
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