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

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

    The numbers that liberals want to ignore

    Unemployment rate without and with Discouraged workers

    Without 8.64%
    With 9.4%

    UE Rate w/o DW 9.05% 8.92% 8.83% 8.96% 9.05% 9.18% 9.09% 9.09% 9.08% 9.01% 8.64%

    UE Rate with DW 9.70% 9.59% 9.43% 9.60% 9.59% 9.82% 9.82% 9.73% 9.76% 9.64% 9.36%

    U-6 Unemployment 15.6%

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

    Quote Originally Posted by Conservative View Post
    To level set, a "healthy environment" value for this report type is 280-325k a week.

    Anything in the neighborhood of 400k, indicates a sluggish economy, at best.

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

    U.S. Job Prospects at Three-Year High

    By Shobhana Chandra - Dec 5, 2011 10:00 AM ET

    A measure of job prospects in the U.S. climbed in November to a three-year high, helped by growth in the world’s largest economy.

    The Conference Board’s Employment Trends Index jumped 1.2 percent to 103.7, the highest level since September 2008, from 102.4 the prior month that was more than initially estimated, figures from the New York-based private research group showed today. The measure rose 6.4 percent from November 2010.
    U.S. Job Prospects at Three-Year High - Bloomberg

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

    Quote Originally Posted by Samhain View Post
    To level set, a "healthy environment" value for this report type is 280-325k a week.

    Anything in the neighborhood of 400k, indicates a sluggish economy, at best.
    Actually it's around 375,000 to see positive job growth.

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

    Quote Originally Posted by Conservative View Post
    The numbers that liberals want to ignore

    Unemployment rate without and with Discouraged workers

    Without 8.64%
    With 9.4%

    UE Rate w/o DW 9.05% 8.92% 8.83% 8.96% 9.05% 9.18% 9.09% 9.09% 9.08% 9.01% 8.64%

    UE Rate with DW 9.70% 9.59% 9.43% 9.60% 9.59% 9.82% 9.82% 9.73% 9.76% 9.64% 9.36%

    U-6 Unemployment 15.6%
    You mean like Conservatives ignored the same numbers under Bush?
    PeteEU

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

    Quote Originally Posted by Conservative View Post
    Over 400,000 per week are applying for first time unemployment claims meaning that the jobs just aren't there so the claim about baby boomers retiring are just another diversion from reality. We have a growing population and yet a declining labor force. How do you reconcile the two?
    `

    Simple.

    Growing population means squat. Newborns are not counted as part of the labour force before they are 15. Sure there is immigration (legal) but there is also deaths...

    Babyboomers = new people into the labour force + people reentering the labour force, then you have no change.
    Babyboomers > new people into the labour force + people reentering the labour force, then you have a lower labour force participation number.
    Babyboomers < new people into the labour force + people reentering the labour force, then you have a growth in the labour force.

    To this you have to add deaths of course.. and of course there is no real statistics on how much of the "people leaving the labour force" is divided up between deaths, retirements and the statistical "giving up".

    But the point is, babyboomers retiring can have a rather large impact on the labour force at least in the short term.
    PeteEU

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

    Of course the U6 unemployment rate is also falling.

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

    Quote Originally Posted by PeteEU View Post
    `

    Simple.

    Growing population means squat. Newborns are not counted as part of the labour force before they are 15. Sure there is immigration (legal) but there is also deaths...

    Babyboomers = new people into the labour force + people reentering the labour force, then you have no change.
    Babyboomers > new people into the labour force + people reentering the labour force, then you have a lower labour force participation number.
    Babyboomers < new people into the labour force + people reentering the labour force, then you have a growth in the labour force.

    To this you have to add deaths of course.. and of course there is no real statistics on how much of the "people leaving the labour force" is divided up between deaths, retirements and the statistical "giving up".

    But the point is, babyboomers retiring can have a rather large impact on the labour force at least in the short term.
    So the number of people reaching the age of 15 does not grow each day ??

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

    Quote Originally Posted by VanceMack View Post
    Why apparently he is running ona whole slew of seasonal minimum wage retail jobs that happen every year and typically last about 2 months.Thats building your house on some serious quicksand right there...but hey...all he has to do is throw out that little Jedi mind trick to the mouthbreathers and they swallow it every time.

    Ive said it before...I dont think there is any way he doesnt win reelection. He has the 47% ers...the crippled and dependent pets addicted to the handouts in his pocket. He has all the mindless OWS types...the rebels without a clue. And if he needs to he will pass and EO for amnesty granting voter rights to illegal immigrants just before the election. This is truly in the bag.

    And lets be honest...the GOP isnt exactly fielding a viable alternative...
    Even the 47%'ers know that after Obama soaks the rich folks, he's going to soak them next. Pay taxes, or not, they want to go to work.
    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 PeteEU View Post
    You mean like Conservatives ignored the same numbers under Bush?
    Why would conservatives ignore high unemployment numbers under the past liberal president?
    Oh, right. It's that hyperpartisan thingy, isn't it? silliness, that's what it is.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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