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U.S. Jobless Rate Unexpectedly Declines to 8.6%

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%. :)
 
AdamT said:
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%. :)
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damn you really are using wingnut goggles lol
 
apdst said:
The EIC goes by the net income. You posted the gross income. If thise person can come with 5 g's worth of deductions, he can qualify for the EIC.

:2wave:
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And if the cow hadn't stopped to **** she woulda jumped over the moon too eh?:mrgreen:
 
AdamT said:
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%. :)
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If by "wingnut goggles" you mean citing numbers that are demonstrably misleading then I guess you're right.
 
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.
 
How can anyone read that story and paint it as a positive? Teh numbers are augmented by Americans leaving the workforce...translation...they quit...they just gave up, They have stopped filing new claims. They are further augmented by seasonal retail sales. None of this has ANYTHING to do with the 'actual' unemployment rate.

Of course the flip side argument is...hey...no troubles...great job growth...there really ARE jobs out there so everyone whining about jobs...**** off...get a job.
 
haymarket said:
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.
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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.
 
haymarket said:
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.
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Great News America!!!! 375000 American workers gave up on seeking employment and we added a few hundred thousand seasonal retail jobs! Friggin AWESOME!!!
 
haymarket said:
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.
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It kind of reminds me of the last election, in which good news in Iraq was seen as bad news for the Democrats. Still the Democrats won, and we're still in Iraq. I'm not sure just what can be concluded from that.
 
treedancer said:
And if the cow hadn't stopped to **** she woulda jumped over the moon too eh?:mrgreen:
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The questions still remains how is it that 47% of Income earning households not paying any Federal Income Taxes weren't benefited by the Bush tax cuts? The rich paid 38% of the FIT collected, 47% of income earning households paid nothing but liberals claim that was a tax cut for the rich? That is liberal logic!
 
Hare said:
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.
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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.”
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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.
 
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j-mac said:
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.
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Hint: Turn off Fox News and you'll see a lot more clearly.

BTW- global warming is real and it's not getting better.
 
AdamT said:
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%. :)
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When did anyone claim that the numbers are fake?
 
haymarket said:
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.
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It would have to drop two whole points and stay there, to effect the elections, even then...maybe!
 
haymarket said:
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.
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This applies to either incumbent party leading up to election
 
Goldenboy219 said:
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?
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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%.
 
Misterveritis said:
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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Because nobody every retires or dies anymore???

Think man, think.
 
pbrauer said:
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.
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We all have that responsibility. It is not solely his.
 
hazlnut said:
Because nobody every retires or dies anymore???

Think man, think.
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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.
 
apdst said:
What are your excuses going to be in February, when the unemloyment rate goes back up over 9%? Blame the GOP?
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well. bush. maybe he will blame the budget cuts from the debt ceiling deal.
 
Conservative said:
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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As far as I can tell the media is accurately reporting that it's an improvement but nothing to write home about. You're someone else who should buy a TV that doesn't only tune to Fox News.
 
AdamT said:
As far as I can tell the media is accurately reporting that it's an improvement but nothing to write home about. You're someone else who should buy a TV that doesn't only tune to Fox News.
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You really have a fixation with Fox News. My local Newspayer touted the 8.6% unemployment rate on the front page and the 315,000 people dropping out of the labor force appeared on the back pages. You ought to watch Fox News a little more as it will dispel your biases.
 
Conservative said:
You really have a fixation with Fox News. My local Newspayer touted the 8.6% unemployment rate on the front page and the 315,000 people dropping out of the labor force appeared on the back pages. You ought to watch Fox News a little more as it will dispel your biases.
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But they were both in the same article, right? So if you read the article you got the full story.
 
AdamT said:
But they were both in the same article, right? So if you read the article you got the full story.
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And if you watched Fox News you got the full story too yet for some reason you have a problem with Fox News. There is a reason Fox News beats everyone in the ratings, wonder if you can figure out why?
 
Conservative said:
And if you watched Fox News you got the full story too yet for some reason you have a problem with Fox News. There is a reason Fox News beats everyone in the ratings, wonder if you can figure out why?
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Fox News gets smashed by all three of the network news broadcasts.

I have a problem with them because they are BLATANTLY partisan.
 
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