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

  1. #171
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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    so this is what it's come to

    Now, it is true that down the road, there will be incentives in the health care law where some firms may decide they'd rather create part time jobs instead of full time jobs -- we'll have to see. But by the way, just in terms of raw job counts, that could actually boost the number of jobs higher because you'd have more part-time jobs. None of these factors are playing out in these data yet, and the health care sector is and will continue to be a strong area of growth.
    Jared Bernstein: Obamacare Will "Boost Number Of Jobs Higher Because Of More Part-Time Jobs" | RealClearPolitics

    embarrassed yet?

    you're not familiar with mr bernstein, of course

    you're probably vaguely aware of christina romer, she's kinda famous

    Romer and Bernstein on stimulus - NYTimes.com

    we're sposed to be at about 5.3 by now

    at least, that's what the white house promised

    nyt: "not getting any closer to recovering the jobs lost during the recession"

    link above

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

    Quote Originally Posted by The Prof View Post
    so this is what it's come to



    Jared Bernstein: Obamacare Will "Boost Number Of Jobs Higher Because Of More Part-Time Jobs" | RealClearPolitics

    embarrassed yet?

    you're not familiar with mr bernstein, of course

    you're probably vaguely aware of christina romer, she's kinda famous

    Romer and Bernstein on stimulus - NYTimes.com

    we're sposed to be at about 5.3 by now

    at least, that's what the white house promised

    nyt: "not getting any closer to recovering the jobs lost during the recession"

    link above
    And just for good measure the BEA will instigate a 'modification' to how GDP is calculated for the this quarter and forward...

    http://www.bea.gov/scb/pdf/2013/03%2...on_preview.pdf

    Many say this will virtually guarantee ~3% gdp growth in the second quarter...
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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

    Quote Originally Posted by Conservative View Post
    Sorry but any attempt to point to positive Obama results are a failure and simply someone who wants to believe news contrary to reality. The labor force participation rate is at a record low and continues to be there. Population continues to grow and if you looked at the BLS data you would see that most of the loss is due to younger people who have dropped out of the labor force because of a poor job market and economy not retirees many of whom have had to put off retirement because of the poor economy.

    So yes there has been a significant decline in the labor force because of discouraged workers dropping out and younger workers unable to find a job. That is reality that you and others want to ignore. Sorry but a labor force growing 1.2 million in 4 plus years is a disaster and you know it but cannot admit it. What is it about liberalism that creates this kind of loyalty?
    Another impressive rant, but my point stands. Your math is simply awful.

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

    my point stands
    anyone got a microscope?

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

    Quote Originally Posted by Fenton View Post
    Yep, I wish Obama would have given us a heads up in 2008 that this was his economic plan .

    " I will push policies that will force privare investors and corporations into a perpetual state of stasis "

    * the sychophantic low information crowd roars *

    " My Central Bank Appointee will monetize nearly 70% of our short term Treasuries. He will allow the banks to hold record amounts of reserves, and then he will pay them interest on those reserves, to hold short term interest rates at record low levels so " the rich can get richer" and I can point to "record gains " on Wall Street as evidence of a growing economy"

    * Crowd roars, people faint, Chris Mathews giggles *
    Here's more.If Obama Had Told Us Before His Election by Phyllis Schlafly on Creators.com - A Syndicate Of Talent

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

    Quote Originally Posted by Dickieboy View Post
    So you concur that Bush's UE rate was lower that Obama's throughout his administration. I suppose this as you have shifted my point to quantity of jobs created. Would you further concur that during the majority of Bush's terms the UE rate was low enough to prohibit significant job creation? I will concede that during the last few Bush years and the economy slowed, UE rose and he was unable to address (as you link shows). But the FACT remains that Obama UE rate HAS been higher that Bush's for the entirety of his office.
    Yes, I admit the UE rate was lower when Bush was president, but they were lower when Clinton was the man in charge, then they went up. Common between the two of them was bubble economies that finally burst.

    You can't look the UE rate and determine the health of the jobs market anymore than you can determine the health of a person by checking their body temperature. A job can be almost anything from working just a few hours a week to a full time job; and a person can have two jobs and it will be counted twice. Needless to say, I don't believe the UE rate can get so low the it can prohibit job creation... That's outright BS.


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

    Quote Originally Posted by DA60 View Post
    So, after 52 months and a 50+% increase in the U.S. national debt...the Obama administration has 'got' the unemployment rate down to it's lowest level since George W. Bush's last full month in office.


    SUCCESS...right?

    You're talking about Reagan, right?

    Carter's last full month in office, the unemployment rate was 7.2%. 52 months later, the unemployment rate was 7.3% and the national debt had increased 79%.

    SUCCESS...right?

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

    Quote Originally Posted by a351 View Post
    Another impressive rant, but my point stands. Your math is simply awful.

    Better take it up with BLS that confirms the data of over 9 million jobs lost. You just cannot get it through your head that Obama is a complete failure and incompetent.

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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
    No. Listen, I am a layman when it comes to economics, and statistics. I confess that I am not very good at comprehending all the aspects behind coming up with the numbers that are fed to us through media. But, I do remember that we were told that we needed some 250,000 jobs created each month in order to keep up with population growth. Now we are being told that 130,000, to 180,000 is good enough, and lowers the rate. There is only one reason for that to happen in my understanding, and that is that the number of people dropping out of the workforce, exceeds the demand for new employment, so the number in my eyes is a shell game, and a lie.
    Post a link to where someone claimed 250,000 jobs needed to be created in a month just to keep up with population growth ......

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

    Typically the figure economists cite as the minimum number of additional jobs needed to keep the unemployment rate flat is about 150,000 to 200,000.
    How Many Jobs Should We Be Adding Each Month? - NYTimes.com

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