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

  1. #261
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by conservativeguy View Post
    Really?

    employed

    Nov 2010 - 138,909,000
    Nov 2011 - 140,580,000

    Yr/Yr Change - 1,671,000

    Not in labor force

    Nov 2010 - 84,765,000
    Nov 2011 - 86,558,000

    Yr/Yr Change - (1,793,000)

    Labor force participation rate

    Nov 2010 - 64.5%
    Nov 2011 - 64.0%

    -----------------------------

    Candidly, I don't think those numbers support the notion we are far better off now than a year ago. If you adjust the unemployment number for all the people that have simply given up looking for a job over the last 12 months (these folks are removed from the denominator), the unemployment rate would 9.7%. Wow, the true unemployment rate has dropped a whopping .1% over the last year. We have a growing population and a declining work force participation rate ........ tell me how that is good news?

    Labor Force Statistics from the Current Population Survey

    Series Id: LNS13000000

    Seasonally Adjusted

    Series title: (Seas) Unemployment Level

    Labor force status: Unemployed

    Type of data: Number in thousands

    Age: 16 years and over

    Nov 2010=15041

    Nov 2011=13303


    Notice: Data not available: U.S. Bureau of Labor Statistics
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  2. #262
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by treedancer View Post
    Labor Force Statistics from the Current Population Survey

    Series Id: LNS13000000

    Seasonally Adjusted

    Series title: (Seas) Unemployment Level

    Labor force status: Unemployed

    Type of data: Number in thousands

    Age: 16 years and over

    Nov 2010=15041

    Nov 2011=13303


    Notice: Data not available: U.S. Bureau of Labor Statistics
    Did you notice that 1.7 million are no longer in the labor force this year vs. last year thus aren't counted as unemployed? What is it about the Obama economic plan that you support?

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

    Quote Originally Posted by dontworrybehappy View Post
    Well, you do have to take into consideration that FNC is a CABLE channel. I can get ABC, NBC and CBS at my house for free. I hate their news, but its all I have as I don't subscribe to any providers for TV. So if someone were to ask me what I watch, I'd have to answer one of those or nothing at all. You're comparing network vs cable, and really nobody does that. FNC vs CNN would be fair. CBS vs ABC would be fair. I mean, how many millions of people out there only get one of the networks and can't watch FNC if they wanted to? See what I mean?

    That's why the links I showed were more accurate, comparing apples to apples. I sure thought that FNC had more viewers anyway, even though they were cable only. Oh well, such is life in the valley.
    If you don't have at least basic cable then I think you're in the distinct minority. In any case, the fact is that the network news primetime broadcasts pummel Fox's primetime news broadcast. :shrugs:

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

    Quote Originally Posted by Conservative View Post
    Did you notice that 1.7 million are no longer in the labor force this year vs. last year thus aren't counted as unemployed? What is it about the Obama economic plan that you support?
    Did you notice that there are fewer frustrated job seakers than there were a year ago? That there were more people who chose to leave their jobs? That there were fewer people who were laid off? That the unemployment rate dropped almost half a percentage point?

    You should take something for your Obama derangement syndrome. The jobs report was obviously positive.

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

    Quote Originally Posted by AdamT View Post
    Did you notice that there are fewer frustrated job seakers than there were a year ago? That there were more people who chose to leave their jobs? That there were fewer people who were laid off? That the unemployment rate dropped almost half a percentage point?

    You should take something for your Obama derangement syndrome. The jobs report was obviously positive.
    How do you know that since the total was 315,000 dropped out of the labor force, how many of that number were simply discouraged last year? the jobs report wasn't positive at all except to the kool-aid drinker. Only in the liberal world is 315,000 dropping out of the labor force and 24 million unemployed/under employed workers good news.

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

    Quote Originally Posted by Conservative View Post
    How do you know that since the total was 315,000 dropped out of the labor force, how many of that number were simply discouraged last year? the jobs report wasn't positive at all except to the kool-aid drinker. Only in the liberal world is 315,000 dropping out of the labor force and 24 million unemployed/under employed workers good news.
    Check your favorite source. I quoted the BLS numbers on discouraged workers above.
    Last edited by AdamT; 12-04-11 at 04:18 PM.

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

    Quote Originally Posted by AdamT View Post
    Check your favorite source. I quoted the BLS numbers on frustrated workers above.
    Did 315,000 drop out of the labor force last November?

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

    Quote Originally Posted by Conservative View Post
    Did 315,000 drop out of the labor force last November?
    Did the unemployment rate drop by .4%? Did the private sector create 140,000 new jobs?

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

    Quote Originally Posted by treedancer View Post
    Labor Force Statistics from the Current Population Survey

    Series Id: LNS13000000

    Seasonally Adjusted

    Series title: (Seas) Unemployment Level

    Labor force status: Unemployed

    Type of data: Number in thousands

    Age: 16 years and over

    Nov 2010=15041

    Nov 2011=13303


    Notice: Data not available: U.S. Bureau of Labor Statistics

    So they quit looking for work and were removed from the unemployment calc......what's your point?
    I love the smell of burning moonbat in the morning.

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

    Quote Originally Posted by Conservative View Post
    Did 315,000 drop out of the labor force last November?
    He will ignore that fact and toss out some totally meaningless stats.
    I love the smell of burning moonbat in the morning.

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