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Thread: U.S. unemployment falls to 7.5% in April [W: 348, 360]

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by Muhammed View Post
    Or maybe because it's obviously untrue.
    Feel free to present the "real" number, with explanation, then.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by pinqy View Post
    153,623,000 in June 2010.


    There's been a steady gain of jobs sinc Feb 2010. And the labor force participation rate has been declining since 2000.
    And 154 million in December 2007, you telling me that a 1.2 million increase in 5 plus years is an improving economy? Seems that the new normal is an improvement over terrible numbers. Do you realize that a declining labor force participation rate isn't good economic news? What is it about liberalism that creates your kind of loyalty? An improving labor participation rate is what we want to see as that means more people working not less.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by pinqy View Post
    Why on Earth would you think that's a good idea? (though I'm not sure what you mean by "tabulation" model...it's not a phrase generally used).
    Surely you don't think that was a more accurate measure?
    I will ask you again.

    Are you saying that the present C-CPI-U model for determining the CPI is a more accurate measure of inflation in America then the CPI model was back in 1980?

    Yes or no, please?


    And remember, I am saying 'inflation' - NOT 'cost of living'.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by pinqy View Post
    Feel free to present the "real" number, with explanation, then.
    No thanks. I'm not being paid to be your teacher.

    Maybe you could look it up yourself?

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Do you know what 165,000 new jobs is? That is an absolute disaster.

    It is now late spring and 165,000 new jobs means that some towns in the United States find that additional lawnmowers are now hired because the grass is now growing.

    It is the shame and disaster of Obama. Utterly disgusting.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by pinqy View Post
    153,623,000 in June 2010.


    There's been a steady gain of jobs sinc Feb 2010. And the labor force participation rate has been declining since 2000.
    Yes - it has.

    But, the LFPR (Labor Force Participation Rate) reached a high of 67.3% in Jan. 2000.

    Nine years later - when Obama took over - it had dropped to 65.7%...a drop of 1.6%.

    Today, it sits at 63.3%...a drop of 2.4%.


    So, the LFPR has dropped 50% more during Obama's first 52 months in office then it had during the previous 108 months.

    http://data.bls.gov/timeseries/LNS11300000


    And please save the 'Americans are retiring faster and that is the reason' nonsense.

    Even the Fed has stated that (in essence) at most, 50% of those that are leaving the work force are doing so due to retirement.

    PLUS, they do not even specify how many of those did so prematurely because they could not find work.


    Have a nice day.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    BTW - The 'real' unemployment rate (the U-6) actually went up in April...from 13.8 to 13.9%.

    Always look below the headlines for the real story.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by j-mac View Post
    It would paint a far different picture if actual numbers were being used instead of massaging stats to mislead the American people.
    Stop.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by DA60 View Post
    BTW - The 'real' unemployment rate (the U-6) actually went up in April...from 13.8 to 13.9%.

    Always look below the headlines for the real story.
    The U-6 is a measure of underutilization, not employment. It includes millions of individuals who are currently working.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by American View Post
    It gotten to where few trust the BLS anymore. Trust is lost when it appears that turd polishing has replaced honest analysis.
    Of course this in no way reflects upon the methodology and integrity of the BLS, but to the paranoia born of partisanship.

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