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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 Gary View Post
    How can you know that? They added 1,685,000 people in a month and put 1,177,000 in the Not in labor force category. Like I told you, the BLS uses methods to calculate the amount of people in jobs and the amount of people getting unemployment. If they aren't in those categories the only other category is Not in labor force.

    What's wrong with the right's ability to think? That stuff isn't that complicated, so why do you buy into someone making something out of nothing?
    It's how the Obama administration fudges the numbers. That's easy to see.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Prof. Peabody View Post
    It's how the Obama administration fudges the numbers. That's easy to see.
    How do you know that?

    It's the way U3 unemployment stats have always been calculated. If you don't like it, use U6 stats that calculate the amount of people who would return to the labor force, if opportunity was better. The BLS has always reported those stats, too.

    You need to stop making things up and deal with what is for a change!

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Gary View Post
    How do you know that? It's the way U3 unemployment stats have always been calculated. If you don't like it, use U6 stats that calculate the amount of people who would return to the labor force, if opportunity was better. The BLS has always reported those stats, too. You need to stop making things up and deal with what is for a change!
    Well it does take a brain to figure it out. Did you?
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Prof. Peabody View Post
    It's how the Obama administration fudges the numbers. That's easy to see.
    If administrations could make up numbers, how did the unemployment rate nearly double while Bush was president? Why isn't it 6% now?

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Dickieboy View Post
    Kinda weird you phrase it thusly.

    [I]Roosevelt attacked Hoover for "reckless and extravagant" spending, of thinking "that we ought to center control of everything in Washington as rapidly as possible." Roosevelt's running mate, John Nance Garner, accused the Republican of "leading the country down the path of socialism".
    That was in 1932. The better comparison to this year is to 1936, when FDR sought re-election. FDR's opponent, Alf Landon, bashed the New Deal for being wasteful and bad for business. Polls and pundits predicted Landon to win. FDR won by a landslide though.
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Prof. Peabody View Post
    So the Bush tax cuts weren't spending? I hear that from Libs on other sites.
    You're on this site now.
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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Gary View Post
    How do you know that?

    It's the way U3 unemployment stats have always been calculated. If you don't like it, use U6 stats that calculate the amount of people who would return to the labor force, if opportunity was better. The BLS has always reported those stats, too.

    You need to stop making things up and deal with what is for a change!
    Actually the U-3 numbers calculation changed in 1994, prior to that the U-3 included discouraged workers but that isn't the case now. Obama has averaged close to 1 million per month discouraged workers that aren't counted as unemployed. When you count the number of reported unemployed plus the discouraged workers the results are quite diffferent than Obama or his supporters will ever admit.

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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by Conservative View Post
    Actually the U-3 numbers calculation changed in 1994, prior to that the U-3 included discouraged workers but that isn't the case now. Obama has averaged close to 1 million per month discouraged workers that aren't counted as unemployed. When you count the number of reported unemployed plus the discouraged workers the results are quite diffferent than Obama or his supporters will ever admit.
    At that rate by the time he leaves office 20-Jan-2017 nobody will be working.


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    Re: US economy creates 243,000 jobs in January

    Quote Originally Posted by pbrauer View Post
    At that rate by the time he leaves office 20-Jan-2017 nobody will be working.
    And you will be standing up cheering the zero unemployment rate and Obama still will get your vote, probably trying to amend the Constitution to give him a lifetime hold on the office.

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    Re: US economy creates 243,000 jobs in January

    Don't know if anyone has pointed this out but the U6 employment is at 15.5% (Portal Seven | U6 Unemployment Rate). In addition to this, you have those that argue that the real unemployment rate is 22.5% (Real unemployment rate: 22.5%) and that the numbers have been skewed (The January Jobs Are Statistical Artifacts - PaulCraigRoberts.org).
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