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Status:
"everybody getting reported now.."
(set 17 days ago)
Location: Pine Grove,AL
29,552 posts, read 16,528,077 times
Reputation: 6031
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Quote:
Originally Posted by Suncc49
I don't understand though..... we have 101 million working age americans classified as not in the workforce... Could it be that the government is playing games with the numbers???
Working age means 16/18 years and older,that means you are counting high schools and college kids who arent looking for a job, people in comas and physically handicapped who couldnt hold a job if they wanted to and people who are retired.
The unemployment U3 and U6 numbers are now officially meaningless.
If the unemployment numbers had risen there would be at least 10 threads started already by Conservatives trumpeting the fact. But when the unemployment number falls, it's a meaningless number. You guys are so predictable you're boring.
They aren't working Americans, I think this has been gone through several times. All of America is not "working age," unless you want to abolish child labor laws and retirement benefits.
You want to count retirees, babies, school age kids, and the disabled in the unemployment numbers?
Are they really competing for your job?
Then how many "working" Americans DO we have? 101 million is 32% of the population.
Keep in mind that the current (as of right now) population in this country is 317,194,619
Ken spent all of 2010 telling us how great the US economy would be by now. Then he disappeared when it became clear that Obama was not saving the world, as Ken expected he would.
Now he's back to try reclaim some of the dignity he lost in those failed proclamations.
I didn't go anywhere. I'm here periodically and have been all along.
And YES the economy IS a LOT better than it was in 2010 - as is the stock market price and home prices.
The fact that you don't want to ADMIT that, doesn't MAKE IT SO.
Status:
"everybody getting reported now.."
(set 17 days ago)
Location: Pine Grove,AL
29,552 posts, read 16,528,077 times
Reputation: 6031
Quote:
Originally Posted by OICU812
The unemployment U3 and U6 numbers are now officially meaningless. If we are looking for an improving economy, 200,000 jobs is not enough to do anything but keep pace with and maintain the current level, and in some months it barely does that. so when 200,000 drops the numbers by three points, it only means our work force is dropping dramatically, or the BLS is cooking manipulating the data.
You still seem to not understand the jobs numbers.
1. the number that people usually fixate on (204,000 in this case), are the number of jobs created, NOT the number of open jobs available.
2. There are something like 2 million open job positions around this country and when people fill them, unemployment drops.
You seem to be one of those Republicans who would rather thing everyone is lying to you rather than believe a Democrat could actually do anything good. It's sad really.
More silly and ignorant nonsense. It doesn't take anywhere near 200,000 jobs a month to "keep pace".
And yes, the work force IS dropping - it's called "the babyboomers entering their retirement years".
Ken
So adding 75,000 jobs each month will drop the UE rate by a point each month, got it
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