Weak Jobs Report, But Look at This; 8.6% UE Rate (financial, election, income)
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and how many of those 300,000 are retirees ??? many who take unemployment the last 2 years before retirement .... Please people, stop this nonsense about people not looking for work. You sound pathetically ignorant.
YOU are the one making the statement they are retirees.. YOU are the one to provide the figures
Hell, according to you, we should lower the retirement age to 10, and unemployment would be non existant.. haha.. you crack me up..
and how many of those 300,000 are retirees ??? many who take unemployment the last 2 years before retirement .... Please people, stop this nonsense about people not looking for work. You sound pathetically ignorant.
What? Use up their UE before retirement? You can't just quit your job in hopes of retiring and collect UE. You will be denied. You have to be FIRED for certain reasons in order to qualify for UE. It's even harder to qualify if you quit, most of the time you are denied if you just quit. This is the very first time I have ever heard of retirees using UE before retiring. I don't think this happens much at all, if any.
What? Use up their UE before retirement? You can't just quit your job in hopes of retiring and collect UE. You will be denied. You have to be FIRED for certain reasons in order to qualify for UE. It's even harder to qualify if you quit, most of the time you are denied if you just quit. This is the very first time I have ever heard of retirees using UE before retiring. I don't think this happens much at all, if any.
It has happened. If you are close to retired, and your company lays you off or goes out of business, you'd happily collect unemployment for 2 years until social security kicks in rather than going back to work.
Of course, but jobs are jobs and there are many seasonal jobs like construction/ outdoor jobs that disappear for the winter so it evens out in that regard ..... this strong number indicates also that underemployment is dropping and hiring intentions are higher than we've seen in a while.
Do you know who the majority are that are hired for whatever construction and outdoor jobs that come about?
Counting temporary jobs is to create an illusion that something is right. "Intentions" can be nothing but false hope to some. Because someone "intends" to do something doesn't mean it's going to happen.
The UE rate did not go down that far. It's all a shell game. People have exhausted their 99 weeks and fell off the rolls. Those people are considered back to work.
Facts trump spin everytime.
Let us calculate unemployment the same way it was in 1933, thru WW-2.
Government manipulation of the real numbers.
Over 400,000 first time filers...
120,000 new jobs created...
The unemployment percentage goes down....
Really
Seriously
Let us calculate unemployment the same way it was in 1933, thru WW-2.
Government manipulation of the real numbers.
Over 400,000 first time filers...
120,000 new jobs created...
The unemployment percentage goes down....
Really
Seriously
Can someone help me with the math
I was born on a Friday, but not last Friday!
Did you account for those people who ran out of UE and are now considered back to work?
Quote:
The UE rate did not go down that far. It's all a shell game. People have exhausted their 99 weeks and fell off the rolls. Those people are considered back to work.
What policies are working? Is the OP serious? These are simply fluctuations. Statistics change slightly up and down regardless of what Obama does. To be fair, even if the numbers get worse, it is not because Obama, although conservatives are giving such impression. To fix our economy will take more than Obama.
Location: In a Galaxy far, far away called Germany
4,300 posts, read 4,406,437 times
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Quote:
Originally Posted by LI*TEA
Unemployment dropped to 8.6%: it seems Obama's economic policies are working.....and now repugnant republicans blocked the extension of middle class social security tax cuts.... Showing the country yet again that they work for the rich, and the rich ONLY! Their 1% elite masters control them. Wake up people, dems are the only ones on working for the middle class.
LOL! An annual bump up (due to Halloween and the December holiday season) that occurs every year and you declare that Obama's economic policies are working??? ROFLMAO!!!! I can't wait to hear the rest of your act!!
What policies are working? Is the OP serious? These are simply fluctuations. Statistics change slightly up and down regardless of what Obama does. To be fair, even if the numbers get worse, it is not because Obama, although conservatives are giving such impression. To fix our economy will take more than Obama.
Social security tax rate cuts which allows workers to keep more of what they earn....other tax cuts aimed at helping the middle class, the engine of growth in our economy.
Social security tax rate cuts which allows workers to keep more of what they earn....other tax cuts aimed at helping the middle class, the engine of growth in our economy.
Yeah, the SS tax cuts that puts SS in WORSE shape than it is in now. GREAT IDEA OBAMA!
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