The Pre-Job Report Complaint Thread! (unemployment rate, wages, Obama, vs)

[SyraBrian]

Hey, Nirvana conservatives! Whenever the jobs report comes out, you always have a new complaint! So what will it be this time?

Will it be the Labor Force Participation rate? The "seasonal adjustment"? The number of part-time jobs? The number of people who aren't counted as "unemployed"? Will it be too low of an hourly wage increase? Will it be the U3 OR the U6? The number of service sector jobs? The notion that this month's total will be reduced next month? Black unemployment too high?

So get your complaints in early. Since you already know that you'll have a gripe, start now!

[neko_mimi]

Probably just a surge in clock "inventors".

[Goinback2011]

The last 7 years are peak leech.

[greywar]

Most likely that its just more low paying jobs. A completely valid complaint.

[greywar]

Originally Posted by Bluefly

Though, household income has been rising, albeit slowly, so they can't be that low paying.

LOL, averages or medians? Because the data I see shows median as being flat. So yeah they can be that low paying.

[RaymondChandlerLives]

Originally Posted by greywar

LOL, averages or medians? Because the data I see shows median as being flat. So yeah they can be that low paying.

If that were the case, the median income would be dropping.

[greywar]

Originally Posted by RaymondChandlerLives

If that were the case, the median income would be dropping.

In 2013 the typical family income was $54,462. 2014? 53,657. Thats DROPPING. so right back at you. You literally replied with completely wrong information.

And its also FAR below the peak set in 1999. This is the third year in a row where its stagnated.

Heres a good view of the median income vs GDP for example.

https://research.stlouisfed.org/fred2/graph/?graph_id=195323#

[Serious Conversation]

‘Ugly’ is the word that sums this jobs report - MarketWatch

I think this sentence about sums it up. Not a complete disaster, but lackluster top to bottom.

Everything in this report is weak -- headline, participation, wages, revisions. Real ugly.

[AeroGuyDC]

It's all one big facade. The unemployment rate and associated metrics have been bastardized and politicized to the point that they should never be trusted again.

[hawkeye2009]

Originally Posted by AeroGuyDC

It's all one big facade. The unemployment rate has been bastardized and politicized to the point that it should never be trusted again.

True- with 94 million people out of work and 96 million working, the "unemployment number" is meaningless.

The "slight of hand" in reporting percentages is fudging the denominator, which is done with the unemployment number. Of course, this is done in attempt to decieve and convince the public that things are not so bad.

Obama has presided over-

1. highest number of unemployed citizens in US history

2. record numbers of citizens in poverty

3. record numbers of citizens on foodstamps

4. lowest job participation rate since 1972

5. lowest home ownership

6. highest accumulation of federal and personal debt


Obama has been a disaster for the US. Oddly, libs still love him.