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Fewer Americans than forecast filed applications for unemployment benefits last week, pushing the average over the past month to the lowest level in 15 years...
You try fixing the damage caused by the worst recession in 80 years with a do-nothing Congress thwarting you at every turn.
6 years is fair. Romney said he'd have us 6% unemployment by 2016, and you probably voted for him.
And exactly what do you expect congress to do when your senate majority leader spent years blocking 300+ bills sent from congress? Unlike Obama congress has to follow the law and can't just arbitrarily implement new laws without going through the Senate first.
The LFPR rate hit 62.8% in Oct 2013. At that time the U3 unemployment rate was 7.2%. The April 2015 LFPR is 62.8% and the U3 unemployment rate is 5.4%. Clearly the unemployment rate is not falling because the LFPR is falling.
Dear lord in heaven.
Really? You don't understand that things are worse than they have been in almost thirty years regardless? You don't get that they have gone form horrible to terrible? You think that the frying pan is that much better than being in the fire? You don't get that the real unemployment rate is scandalous?
Really? You don't understand that things are worse than they have been in almost thirty years regardless? You don't get that they have gone form horrible to terrible? You think that the frying pan is that much better than being in the fire? You don't get that the real unemployment rate is scandalous?
Sir, I have nothing further to say.
Just wow.
Sorry if I burst your little theory on why the unemployment rate is falling. All I had to do is present the facts.
Both the U3 rate and the broader measures like U6 have been falling pretty steadily for some time now. Yet the LFPR rate has remained within a narrow range for approaching 2 years now, that is in spite of the downward demographic pressures on the LFPR.
I wonder how many are US citizens? We have our own workforce available in this country yet we allow others to come and illegally take jobs - and I'm not talking mowing lawns and harvesting lettuce.
As for the S&P500.........tripling the amount of paper in circulation (physically and electronically) doesn't produce growth. It produces numbers that mimic growth.
I wonder how many are US citizens? We have our own workforce available in this country yet we allow others to come and illegally take jobs - and I'm not talking mowing lawns and harvesting lettuce.
As for the S&P500.........tripling the amount of paper in circulation (physically and electronically) doesn't produce growth. It produces numbers that mimic growth.
Statistics show that most new jobs have been taken by "immigrants". That probably means both legal and illegal but more than likely the latter.
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