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and how can continuing job loss be good news cause it is less than the month before. and how can employment remain at 80% with month after month of continous layoffs? i am not by any means brilliant but i know basic math.
Employment hasn't REMAINED at 80% (where the heck did you get THAT idea??). Two years ago employment ran close to 95% (which realistically is considered to be pretty much "full employment" since there are ALWAYS some people who will be between jobs for a variety of reason (illness, a move to a new city, etc, etc, etc)).
A continuing job loss IS good news when the trend is downward. Is it WONDERFUL news? Of course not - but as long as it's trending the right direction then we are eventually looking at the end of bloodbath. Right now, my guess is that the job cuts will end by spring. The US economy is a HUGE vessel and it's not going to turn around overnight. We didn't get into the recession quickly and we're not getting out of it quickly either - but we ARE getting out of it.
So why are your complaining about the numbers they are reporting when you ADMIT YOURSELF that the number you are looking for is impossible to accurately get?
They report the best information they can get - in fact they report a whole bunch of different numbers so that folks can draw their own conclusions - and this is the way it has been under EVERY PRESIDENT (whether he be Democrat or Republican). The BLS does it's job no matter WHO is President or WHAT party that President is from.
Ken
Because, if they are not accurate, they should not use them as if they are and lead people to believe that things are actually better than they are. It is deception plain and simple. You know what happens when you assume right? They will just end up making themselves look stupid and like they have no clue what they are talking about or doing, which is really closer to the truth than not. Just so you know, I'm not being partisan, I know it's hard for you to not think along party lines, but this has nothing to do with any party, it's just an example of how our government lies to us to make us believe what they want us to.
i am self employed and have not worked in months. how do they count me and the millions of others like me. i dont think they can. its worse than reported if they dont count us
i am self employed and have not worked in months. how do they count me and the millions of others like me. i dont think they can. its worse than reported if they dont count us
this is exactly what I'm getting at. Thanks for the example.
Employment hasn't REMAINED at 80% (where the heck did you get THAT idea??). Two years ago employment ran close to 95% (which realistically is considered to be pretty much "full employment" since there are ALWAYS some people who will be between jobs for a variety of reason (illness, a move to a new city, etc, etc, etc)).
A continuing job loss IS good news when the trend is downward. Is it WONDERFUL news? Of course not - but as long as it's trending the right direction then we are eventually looking at the end of bloodbath. Right now, my guess is that the job cuts will end by spring. The US economy is a HUGE vessel and it's not going to turn around overnight. We didn't get into the recession quickly and we're not getting out of it quickly either - but we ARE getting out of it.
Ken
actually i got the 80% from your post at 2:42 today should have researched it myself got lazy i guess
Because, if they are not accurate, they should not use them as if they are and lead people to believe that things are actually better than they are. It is deception plain and simple. You know what happens when you assume right? They will just end up making themselves look stupid and like they have no clue what they are talking about or doing, which is really closer to the truth than not. Just so you know, I'm not being partisan, I know it's hard for you to not think along party lines, but this has nothing to do with any party, it's just an example of how our government lies to us to make us believe what they want us to.
And so I'm supposed to take YOUR word that the BLS numbers are worthless and deliberately deceptive? LOL
No organization - either in government OR business - expects or has ABSOLUTE CERTAINTY in the numbers or information they use for making their everyday decisions (and neither do YOU (if you did you wouldn't ever even bother looking at the weather forecast)). Does DELL know FOR SURE what their sales will be next quarter? Of course not, but they use the information they are able to gather to make their BEST GUESS on what their business environment is like at the moment and what it is going to be like in the future. Same is true for EVERY OTHER BUSINESS. The fact that the numbers are only their "best guess" does not make those numbers worthless.
Besides, it seems to me that since you don't like the "guess" numbers then you are in effect arguing that the BLS should ONLY report the number of people currently getting unemployment as their SOLE unemployment number - in which case your whole argument falls apart.
actually i got the 80% from your post at 2:42 today should have researched it myself got lazy i guess
OK, so where did I say it's "remained 80%"? I simply said that 80% of Americans (specifically I meant the "work force") still have their jobs. Don't get me wrong - that is a HORRIBLE unemployment rate, but the fact remains the entire economy hasn't fallen apart or all Americans lost their jobs - nor WILL that happen - and to argue that it will is simply silly and ignorant (even during the Great Depression MOST workers still had jobs).
So we've lost somewhere around 5 million jobs since 2008, it would seem to me that the number of jobs lost has to slow down unless we are heading for 100% unemployment. I am happy to see the slow down, but I don't think it is any proof we are heading out of the woods yet. When the coming tidal wave of foreclosures hits, I think we are in for a bumpy ride.
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LOL
