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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 Slyfox696 View Post
    And once more, conservatives run from the facts when they are challenged. It's really simple.

    Before Obama: 7.8% unemployment and rising - After Obama: 7.5% and falling
    Before Obama: 598,000 jobs lost - After Obama: 165,000 jobs gained
    Before Obama: First time jobless claims streaking to record heights - After Obama: first time jobless claims at 5 year low
    Before Obama: Dow Jones 7449.38 - After Obama: 14,973.96

    You can't argue with any of that. You're not even trying. You keep trying to bring in irrelevant information, but it will not change the fact everything I have posted there is 100% truth. So just admit it, and do as I do. Say "thank you, President Obama".


    EDIT: Oh, by the way, Obama officially became a "job creator" back before the election. So not only are you purposefully ignoring the truth, you're not even providing factually accurate counter arguments.
    New data shows Obama may be a job creator, after all - Sep. 27, 2012
    Obama now job creator - Nov. 2, 2012
    The 'real' unemployment rate - the U-6 - went UP last month from 13.8% to 13.9%. Plus no new manufacturing jobs were created AND the country actually lost thousands of construction jobs.

    But (as I pointed out before) Obama did drop the U-3 rate (from when he took office) from 7.8% to 7.5% today...but it took him 52 months and a 50+% rise in the national debt to do it.
    At that rate, America will reach the Fed's goal of 6.5% unemployment in about 173 months at a cost of about 170% more added to the national debt to do it.

    That is not to mention - since he took office - the drop in average home prices and the 40+% rise in food stamp usage.

    Ooooooh....he's gooooood.


    And btw - I am neither a Dem or a Rep.

    I don't want Obama to fail. I just want useless POTUS's like he and GWB (and the Fed) to get out of the way and let Americans fix the country themselves.
    Last edited by DA60; 05-05-13 at 08:12 AM.

  2. #222
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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    not enough jobs even to keep up with population growth

    1/5 of em temps, more and more every month part time

    58% of em minimum wage or a dollar more

    almost 50 million on food stamps, another 10 mil on permanent disability

    poverty at an all time hi

    more irrelevant information:

    Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.

    America's gross domestic product — the broadest measure of economic output — grew 6.8 percent from the April-June quarter of 2009 through the same quarter this year, the slowest in the first three years of a postwar recovery. GDP grew an average of 15.5 percent in the first three years of the eight other comebacks analyzed.

    Consumer spending has grown just 6.5 percent since the recession ended, feeblest in a postwar recovery. In the first three years of previous recoveries, spending rose an average of nearly 14 percent.

    The economy shed a staggering 8.8 million jobs during and shortly after the recession. Since employment hit bottom, the economy has created just over 4 million jobs. So the new hiring has replaced 46 percent of the lost jobs, by far the worst performance since World War II. In the previous eight recoveries, the economy had regained more than 350 percent of the jobs lost, on average.

    Adjusted for inflation, wages have fallen 0.8 percent. In the previous five recoveries —the records go back only to 1964 — real wages had gone up an average 1.5 percent at this point.
    link above (ap)

    usatoday:

    Nearly two years after the economic recovery officially began, job creation continues to stagger at the slowest post-recession rate since the Great Depression.

    The nation has 5% fewer jobs today — a loss of 7 million — than it did when the recession began in December 2007. That is by far the worst performance of job generation following any of the dozen recessions since the 1930s.

    In the past, the economy recovered lost jobs 13 months on average after a recession. If this were a typical recovery, nearly 10 million more people would be working today than when the recession officially ended in June 2009.
    link above

    thanks, hussein

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

    Quote Originally Posted by DA60 View Post
    The 'real' unemployment rate - the U-6 - went UP last month from 13.8% to 13.9%.

    [/B]
    As pointed out to you previously, the U-6 in fact is not an unemployment rate at all. It includes roughly 10 million individuals who are employed. It's a measure of underutilization strictly.
    Last edited by a351; 05-05-13 at 09:22 AM.

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

    Quote Originally Posted by Conservative View Post
    Better take it up with BLS that confirms the data of over 9 million jobs lost.
    Over the course of 2007-2009, sure. In net form and in the time span which Fenton and others claimed? Of course not.

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

    Quote Originally Posted by a351 View Post
    As pointed out to you previously, the U-6 in fact is not an unemployment rate at all. It includes roughly 10 million individuals who are employed. It's a measure of underutilization strictly.
    Sure pal...the U-6 unemployment rate is 'not an unemployment rate at all'.




    'The "U-6" is considered to be a broader measure of the unemployment situation in the United States

    'The "U-6" includes two groups of people that the "U-3" does not:

    1. "Marginally attached workers" - people who are not actively looking for work, but who have indicated that they want a job and have looked for work (without success) sometime in the past 12 months. This class also includes "discouraged workers" who have completely given up on finding a job because they feel that they just won't find one.

    2. People who are looking for full-time work but have to settle on a part-time job due to economic reasons. This means that they want full-time work, but can't find it.'


    http://www.davemanuel.com/investor-d...ployment-rate/


    From a CNBC senior writer:

    ''Real' Unemployment Rate Shows Far More Jobless

    'For that count, the government releases a separate number called the "U-6," which provides a more complete tally of how many people really are out of work.'


    http://www.cnbc.com/id/48468748


    Keep spinning pal...it seems to be what you do 'best' so far.


    Have a nice day.
    Last edited by DA60; 05-05-13 at 10:26 AM.

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

    Quote Originally Posted by DA60 View Post
    Sure pal...the U-6 unemployment rate is not an unemployment rate at all.



    Keep spinning...it seems to be what you do best.


    Have a nice day.
    It's a measure of utilization. A metric that includes over 10 million individuals who are employed cannot be rightly labeled an unemployment rate.

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

    Quote Originally Posted by a351 View Post
    It's a measure of utilization. A metric that includes over 10 million individuals who are employed cannot be rightly labeled an unemployment rate.
    http://www.debatepolitics.com/breaki...post1061771569

    I realize you (and many Dems/Obama administration workers) believe that someone who needs 40 hours a week of work to support his/her family, but because they cannot find such a job are forced to (out of desperation) take a 20 hour a week job at McDonald's - are 'employed' in your eyes.

    Many of us do not share that opinion.

    Including many respected 'economists'/organizations.


    So, by your standards, if the entire nation were working 12 hours a week at a minimum wage job...then America would have total employment.

    Noted.


    Have a nice day.
    Last edited by DA60; 05-05-13 at 10:55 AM.

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

    Quote Originally Posted by pbrauer View Post
    ............

    Do you know what the word promote means? To a liberal that means provide

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

    Quote Originally Posted by DA60 View Post
    I realize you (and many Dems/Obama administration workers) believe that someone who needs 40 hours a week of work to support his/her family, but out of desperation takes a 20 hour a week job at McDonald's - is 'employed' in your eyes.

    Many of us do not share that opinion.


    It has nothing to do with party affiliation. A metric that includes 10 million employed individuals is not an unemployment rate. Never has been, never will be.

    There isn't an actual debate here. Opinions don't come into play at all.

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

    Quote Originally Posted by Slyfox696 View Post
    And once more, conservatives run from the facts when they are challenged. It's really simple.

    Before Obama: 7.8% unemployment and rising - After Obama: 7.5% and falling
    Before Obama: 598,000 jobs lost - After Obama: 165,000 jobs gained
    Before Obama: First time jobless claims streaking to record heights - After Obama: first time jobless claims at 5 year low
    Before Obama: Dow Jones 7449.38 - After Obama: 14,973.96

    You can't argue with any of that. You're not even trying. You keep trying to bring in irrelevant information, but it will not change the fact everything I have posted there is 100% truth. So just admit it, and do as I do. Say "thank you, President Obama".


    EDIT: Oh, by the way, Obama officially became a "job creator" back before the election. So not only are you purposefully ignoring the truth, you're not even providing factually accurate counter arguments.
    New data shows Obama may be a job creator, after all - Sep. 27, 2012
    Obama now job creator - Nov. 2, 2012
    You have it right, Obama is lowering the unemployment rate because people are dropping off the roles of the unemployed because of a terrible job market

    You are right over a million discouraged workers a month in 2010-2011-2012 aren't unemployed

    You are right, 345000 people filing for first time unemployment claims is an excellent number for liberals

    And you are right 21.5 million unemployed/discouraged/under employed, millions of small businesses out of business, and over 100 million Americans on some form of taxpayer assisted welfare are all benefiting from that improving stock market.

    Amazing how naive, gullible, and poorly informed you are which bodes the question what is it about liberalism that creates this kind of loyalty?

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