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Thread: US economy creates 243,000 jobs in January

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by AdamT View Post
    Proof I will address. Your unsubstantiated assertions I shall continue to ignore.
    You will continue to play your games then? Fact, bls did not calculate U-6 numbers prior to 1994 and you cannot find any U-6 numbers for that period of time.That says it all

    The comprehensive gauge of labor underutilization, known as the “U-6″ for its data classification by the Labor Department, accounts for people who have stopped looking for work or who can’t find full-time jobs. Its continuing divergence from the official rate (the “U-3″ unemployment measure) indicates the job market has a long way to go before growth in the economy translates into relief for workers.

    The U-6 rate is now the highest since the Labor Department started this particular data series in 1994
    Broader U-6 Unemployment Rate Hits 17.5% - Real Time Economics - WSJ

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    You will continue to play your games then? Fact, bls did not calculate U-6 numbers prior to 1994 and you cannot find any U-6 numbers for that period of time.That says it all



    Broader U-6 Unemployment Rate Hits 17.5% - Real Time Economics - WSJ
    You tryin' to pull a fast one, Con?

    Where does that say the U3 calculation in 1982 is the same methodology used to calculate the U6 rate now?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Was the GDP higher or lower in 2011 vs. 2010? That question has not been answered. Why is this called the worst recovery from a recession in history?
    gdp_large.jpg

    This pretty well covers the GDP questions and this covers the other Obama years.Notice where it was when he came into office?Notice where it is now?Nuf said.

    GDP in 2009,in billions was 14014.80.00

    GDP in 2010,in billions was 14551.80.00

    US Gross Domestic Product GDP History United States 1950-2010 - Federal State Local Data
    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

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    You will continue to play your games then? Fact, bls did not calculate U-6 numbers prior to 1994 and you cannot find any U-6 numbers for that period of time.That says it all



    Broader U-6 Unemployment Rate Hits 17.5% - Real Time Economics - WSJ
    You still fighten this loosing battle ?I thought with a good nites sleep this woulda seemed like a bad dream to you.
    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

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Sheik Yerbuti View Post
    You tryin' to pull a fast one, Con?

    Where does that say the U3 calculation in 1982 is the same methodology used to calculate the U6 rate now?
    The Methodology is the same, the numbers after 1994 exclude the discouraged workers whereas they didn't prior. You seem unable to grasp that reality

    By the way a very powerful message from someone living through what you are supporting here

    The PJ Tatler Hannan to U.S.: Stop Trying to Catch Up with the EU

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by treedancer View Post
    You still fighten this loosing battle ?I thought with a good nites sleep this woulda seemed like a bad dream to you.
    Are you playing a game like Adam or do you really believe that what Obama is doing is right for America? Results apparently don't matter. here is something more to think about

    The PJ Tatler Hannan to U.S.: Stop Trying to Catch Up with the EU

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    The Methodology is the same, the numbers after 1994 exclude the discouraged workers whereas they didn't prior. You seem unable to grasp that reality

    By the way a very powerful message from someone living through what you are supporting here

    The PJ Tatler Hannan to U.S.: Stop Trying to Catch Up with the EU
    That is bull****, as the link I already provided proved. In fact they calculated pre-1994 employment using the old and new methods and the current, post-'94 methodology resulted in a HIGHER unemploment rate. Why? Because there were many changes in the methodology -- not just changes to discouraged workers, as you imply.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    The Methodology is the same, the numbers after 1994 exclude the discouraged workers whereas they didn't prior. You seem unable to grasp that reality

    By the way a very powerful message from someone living through what you are supporting here

    The PJ Tatler Hannan to U.S.: Stop Trying to Catch Up with the EU
    I know you know the U6 includes more than just discouraged workers.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by AdamT View Post
    That is bull****, as the link I already provided proved. In fact they calculated pre-1994 employment using the old and new methods and the current, post-'94 methodology resulted in a HIGHER unemploment rate. Why? Because there were many changes in the methodology -- not just changes to discouraged workers, as you imply.
    no, that isn't Bull**** except to point out the extreme ignorance of liberals. U-6 is calculated by the BLS and wasn't done prior to 1994. Your loyalty to a liberal economic model is quite telling.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Are you playing a game like Adam or do you really believe that what Obama is doing is right for America? Results apparently don't matter. here is something more to think about

    The PJ Tatler Hannan to U.S.: Stop Trying to Catch Up with the EU
    Why are you moving the goal post to Europe?The United States isn't good enough for you?Why the hatred for the USA?
    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

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