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Thread: Jobs recovery suffers setback in March

  1. #211
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Zen View Post
    The true unemployment rate is much higher than the official one. Unemployment numbers do not include people who have given up on looking for work. Nor do they include short-term temporary workers, such as those who were hired by the Obama administration to take the Census (artificially and duplicitously suppressing unemployment figures in the process).
    So..... a task such as the census........ Should large section of the government stop doing their regular duties in order to go out and do the work to compile the census? Or is there a problem with hiring extra temporary help?

    Why bring it up at all? Thats kind of a stupid point in my opinion.
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Zen View Post
    The true unemployment rate is much higher than the official one. Unemployment numbers do not include people who have given up on looking for work. Nor do they include short-term temporary workers, such as those who were hired by the Obama administration to take the Census (artificially and duplicitously suppressing unemployment figures in the process).
    Granted the "true unemployment rate" is higher than the publicly adopted figures, (I'll assume you're referring to the U-6), but this is hardly a new occurrence it's been in practice for both of our previous two president's administrations. As for your claims of "artificial and duplicitous unemployment figure suppression" that severe a charge usually merits some supporting evidence in order to be taken seriously.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hare View Post
    Granted the "true unemployment rate" is higher than the publicly adopted figures, (I'll assume you're referring to the U-6), but this is hardly a new occurrence it's been in practice for both of our previous two president's administrations. As for your claims of "artificial and duplicitous unemployment figure suppression" that severe a charge usually merits some supporting evidence in order to be taken seriously.
    Who cares if a bad practice has been going on for a long time. Let's get it fixed!

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by washunut View Post
    Who cares if a bad practice has been going on for a long time. Let's get it fixed!
    I'd be content if the U-6 was the standard number reported, but it's not as if the numbers are concealed from the public, the U-6 rate is readily available to those who care enough to look them up. Table A-15. Alternative measures of labor underutilization

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hare View Post
    I'd be content if the U-6 was the standard number reported, but it's not as if the numbers are concealed from the public, the U-6 rate is readily available to those who care enough to look them up. Table A-15. Alternative measures of labor underutilization

    Never said the numbers were hidden. Not blaming anyone or claiming some left wing conspiracy, just would like the U-6 number to be the one folks focus on.

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    Re: Jobs recovery suffers setback in March

    I don't have a problem with hiring temporary help. I do have a problem with manipulating the numbers to create a picture of relative economic health that doesn't accurately reflect reality. Unemployment numbers shouldn't exclude those who are knowingly employed for short-term temporary duration, nor should they exclude workers whose prospects for employment are so dire, they stop actively looking for work. Unemployment should be defined as anyone 18 or over without a permanent job, minus full-time students, housewives/househusbands, the disabled, and retirees. That would provide a more realistic assessment of the overall employment situation. Otherwise the government can simply hire everyone for a one month job and claim 0% unemployment.

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    Quote Originally Posted by Michael Johnson View Post
    Statistics are based on opinion and are subjective. Those "tests" cannot account for everyone in the specific scenarios and environments of which they conduct them.
    You don't know much about the science of statistics then

    Quote Originally Posted by Zen View Post
    The true unemployment rate is much higher than the official one. Unemployment numbers do not include people who have given up on looking for work. Nor do they include short-term temporary workers, such as those who were hired by the Obama administration to take the Census (artificially and duplicitously suppressing unemployment figures in the process).
    Why even being it up when third people are no longer affecting the positive job growth numbers any more?

    Here are a couple of problems with the unemployment numbers that also skew the number negatively when it shouldn't. People who work seasonally and collect unemployment after their working season ends are counted as unemployed. People who get a job every few months to recharge unemployment benefits are unemployed.

    The number, good or bad, is never accurate. What it does show and shows well is trends, and the current tend from various sources is that unemployment is getting lower

    This post was made from my phone.please excuse spelling mistakes
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hatuey View Post
    I don't get it... it's like Republicans are cheering for the economy to go down even though it's bouncing back up. I mean it's struggling on it's way up but there is little question we're improving. I mean if the economy was slowly getting worse and they were harping about it I'd understand - ****, I'd join them - but it's not. What's the deal yo? Do you guys want the economy to fail? Or is it because it's bouncing back up under Obama that you guys are angry?
    I'm not a Republican...only a conservative...but I don't see it as an issue of anyone "cheering for the economy to go down". At least, I haven't heard anyone publicly cheering. Have you?

    Rather, at least in respect to this issue, I see it as opposition to Obama's method of using some data and ignoring other data to give a false impression that the economy is actually improving. With so many people simply dropping out of the workforce, I don't see that as an indication that our economy is in very good shape. And I don't see this as something to cheer about...or ignore.
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by AdamT View Post
    Yeah, a bit disappointing after three previous months of 200,000+ jobs growth. On the other hand, it's a lot better than losing almost three quarters of a milion jobs a month, like your boy Shrub was doing when he beat feet out of Washington.
    He's at a net loss I believe.
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by xpiher View Post
    You don't know much about the science of statistics then
    You don't even know your own subject you claim to be proficient in. Statistics can be made up by anyone. Educate yourself to reading comprehension before shouting out anything.
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