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

  1. #61
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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Goldenboy219 View Post
    To be fair, nobody is claiming that we are in full recovery mode while others are stating that the numbers are fake, Obama is a liar, and leave Bush alone.
    Funny, but just a few posts up you were lambasting someone for a strawman argument.

    Guess you like them after all, at least when you make them.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by American View Post
    At this rate the next president will also inherit Bush's failures.
    Meanwhile, literally every thing that happens is Obama's fault according to your conservative buddies. Some random shop owner says "NO GUNS ALLOWED" in his store and OBAMAS TAKIN ARE GUUNNS
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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

    Quote Originally Posted by ReverendHellh0und View Post
    So these numbers are legit? Good. I hope it continues in January.
    It's not really a matter of legitimacy, more of "do these numbers apply". Using non-seasonally adjusted data shows that 120k retail jobs were created while a total of 339k net jobs were created last month.

    I find it absolutely shameful that people would argue that this administration is attempting to misuse data when 339k jobs were ACTUALLY created last month, but the White House made clear use of the seasonally adjusted data .
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by Gill View Post
    Funny, but just a few posts up you were lambasting someone for a strawman argument.

    Guess you like them after all, at least when you make them.
    It is an honest observation, not a straw man.

    http://www.debatepolitics.com/breaki...post1059995614

    http://www.debatepolitics.com/breaki...post1059995658

    http://www.debatepolitics.com/breaki...post1059995742

    http://www.debatepolitics.com/breaki...post1059995709

    And you cannot even consider Rocket's post as partisan.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    I know this is going to sound counter-intuative, but until we see Unemployment Rate increases, things are getting worse.

    As pointed out earlier, 315,000 people left the job market in November. We gained 120,000 jobs, but 125,000 new people enter the job force every month due to population increases.

    Until we are gaining 300,000 jobs a month, and the unemployement rate starts jumping, the job picture is bleak at best.

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

    Quote Originally Posted by Samhain View Post
    Until we are gaining 300,000 jobs a month, and the unemployement rate starts jumping, the job picture is bleak at best.
    Actually, we gained 339,000 jobs last month but 219,000 of them were due to the holiday/winter season
    Last edited by Kushinator; 12-02-11 at 02:53 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    U.S. Jobless Rate Unexpectedly Declines to 8.6%

    wow.

    ...President Barack Obama said the drop in the jobless rate is a sign the recovery is getting stronger, and extending a cut in the payroll tax will provide more fuel for the economy...

    Employment at service-providers increased 126,000 in November, including a 50,000 gain in retail trade as companies began hiring for the holiday shopping season. The number of temporary workers increased 22,300.


    Macy’s Inc. (M), the second-biggest U.S. department-store chain, increased mostly part-time staff by 4 percent for the November-December shopping season. See’s Candies Inc., a chocolate maker owned by Berkshire Hathaway Inc., said it would add 5,500 mostly temporary workers.


    Revisions to prior reports added a total of 72,000 jobs to payrolls in September and October...

    The unemployment rate, derived from a separate survey of households, was forecast to hold at 9 percent. The decrease in the jobless rate reflected a 278,000 gain in employment at the same time 315,000 Americans left the labor force....


    so, half of these jobs are temporary, and they are offset by people leaving the labor force. Still, that leaves us with a net gain of jobs. We'll see if the headlines in January/February are "seasonally revised" to account for all these temp jobs going away.

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

    Quote Originally Posted by cpwill View Post
    so, half of these jobs are temporary, and they are offset by people leaving the labor force. Still, that leaves us with a net gain of jobs. We'll see if the headlines in January/February are "seasonally revised" to account for all these temp jobs going away.
    I hope so. It does appear that for now we have avoided a double-tip recession - which is excellent. I think that could be a major deciding factor for Obama. Does the economy slip back into a recession, or does he avoid the double dip? If he continues to avoid the double dip, he'll definitely gain some independent votes, I would think.

    *Edit: Though a quick examination would show that this thread was already posted (it's like 7 down from the top).
    Last edited by whysoserious; 12-02-11 at 03:25 PM.
    Ted Cruz is the dumbest person alive.

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

    Be careful...........you are going to get dizzy with all the spinning you're doing.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by Gill View Post
    Be careful...........you are going to get dizzy with all the spinning you're doing.
    It's clear your intention is to discuss anything other than the topic
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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