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Thread: U.S. Jobless Rate Unexpectedly Declines to 8.6%

  1. #211
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Hare View Post
    How is a net loss in individuals in the workforce/actively looking for work "good news" for America? It's more of a Common sense issue rather than a partisan one.
    I don't think anyone is claiming that it's all good news, or that we've turned the corner. But that's no reason to pretend that it isn't a real improvement. The numbers may also be too conservative with respect to job growth.

    Economists think the BLS payrolls report may be undercounting hiring by small businesses. This may explain why a key private-sector employment gauge on Wednesday posted surprisingly strong numbers that were somewhat at odds with Friday’s BLS data. The ADP National Employment Report said 206,000 private-sector jobs were created in November. Employers with more than 500 workers accounted for about 6 percent of the hiring, the ADP report said, while employers with fewer than 49 workers accounted for 53 percent of the new jobs.

    The National Federation of Independent Business, which surveys the pulse of smaller firms, also said Friday that its members were seeing an uptick in hiring.

    “The percent of owners cutting jobs has returned to ‘normal’ levels,” said William Dunkelberg, the group’s chief economist. “And the percent of owners adding workers continued to trend up. Reports of new job creation should pick up a bit in the coming months.”
    Read more: Sharp drop seen in November jobless rate - Business - MiamiHerald.com

    That could also account for the surprisingly good retail and consumer confidence numbers that we've seen recently.
    Last edited by AdamT; 12-03-11 at 01:19 PM.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by j-mac View Post
    Either they are duping America, or not counting some people that absolutely be counted, or I don't know what, because I sure don't see the problem getting better.
    Hint: Turn off Fox News and you'll see a lot more clearly.

    BTW- global warming is real and it's not getting better.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by AdamT View Post
    So, to sum up the view through wingnut goggles: the unemployments numbers are all fake, as long as the numbers improve. As long as the numbers are getting worse or stagnant, the numbers are absolutely legitimate.

    My view: the unemployment numbers are fake. The real unemployment rate is 3.5%.
    When did anyone claim that the numbers are fake?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by haymarket View Post
    If this can drop another full point in the next ten months, it changes a whole lot facing November of 2012.

    Isn't it ironic that good news for America means bad news for the right wing in this nation.
    It would have to drop two whole points and stay there, to effect the elections, even then...maybe!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by haymarket View Post
    If this can drop another full point in the next ten months, it changes a whole lot facing November of 2012.

    Isn't it ironic that good news for America means bad news for the right wing in this nation.
    This applies to either incumbent party leading up to election
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Goldenboy219 View Post
    You know i just don't get it. Last year, it was "i will get excited when the labor market keeps up with the population" and now it is "when it coincides with a net gain in labor force participation".

    The civilian non-institutional population increased by 105,000; that means that job growth eclipsed population growth by 15,000 last month. Do you know why it is convenient to argue with people who have to shift the goal post to stay relevant?
    At least one source says 150,000 potential new workers enter the work force each month. If true we would need at least that number of new jobs each month just to keep unemployment level at 9.1%.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Misterveritis View Post
    At least one source says 150,000 potential new workers enter the work force each month. If true we would need at least that number of new jobs each month just to keep unemployment level at 9.1%.
    Because nobody every retires or dies anymore???

    Think man, think.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by pbrauer View Post
    I don't believe I've ever known a Senate Minority leader to say it's his primary job to make the sitting president a one-term president either.
    We all have that responsibility. It is not solely his.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by hazlnut View Post
    Because nobody every retires or dies anymore???

    Think man, think.
    Hazlnut, now I know you want to think that you are intelligent so think about it, 120,000 new jobs created in a 154 million civilian labor force and the unemployment rate drops .4%. Does that make sense to you? The media is have orgasms over the 8.6% unemployment rate and many Obama supporters buy those numbers. Hopefully you are smarter than that and not the typical Obama supporter.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by apdst View Post
    What are your excuses going to be in February, when the unemloyment rate goes back up over 9%? Blame the GOP?
    well. bush. maybe he will blame the budget cuts from the debt ceiling deal.

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