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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 Conservative View Post
    Your opinion noted. Do people like you ever admit when wrong?
    Not even posting the right statistic. Full on trainwreck.

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

    Quote Originally Posted by a351 View Post
    Sure, but it certainly wouldn't represent a healthy labor market. Under /= un
    So, if every single American had a 1 hour per week job (but every American wanted full time employment), then you would (based on your answer) consider the unemployment rate at zero.

    Noted.


    It is because of (no offense) anal retentive attitudes like that that many people consider the U-6 'underemployment rate' (if you will) the 'real' unemployment rate.


    Have a nice day.


    For everyone else, once again, the U-6 rate (what many call the 'real' unemployment rate) went up last month from 13.8% to 13.9%.

    Plus, zero new manufacturing jobs were created PLUS thousands of construction jobs were lost.
    Last edited by DA60; 05-05-13 at 11:33 AM.

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

    Quote Originally Posted by a351 View Post
    Not even posting the right statistic. Full on trainwreck.
    How about posting the "right" statistic chart for us? I gave you the chart showing discouraged workers which aren't under employed so tell me how that chart isn't accurate?

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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%.
    Before Obama: 14.2% U6 and rising - After Obama: 13.9% and falling

    Thank you, President Obama.

    Source: Portal Seven | U6 Unemployment Rate

    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.
    You think everything which has been added to the national debt has totally been on economic policies? Of course it wasn't.

    That is not to mention - since he took office - the drop in average home prices
    Compared to what, the overinflated market in the years leading up to the crash?

    and the 40+% rise in food stamp usage.
    You say that like it's a bad thing more people are eating.

    And btw - I am neither a Dem or a Rep.
    That makes two of us.
    Quote Originally Posted by Conservative View Post
    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.
    It just KILLS you our country is heading in the right direction, doesn't it? Our country has already passed the level it was at when Obama first took over and is continuing to improve.

    Just shows that facts and data have no place in an Obamahater's world as they buy the rhetoric, spin positive information negatively, and then run when challenged. Wonder what it is about conservatism that creates this kind of loyalty?

    Quote Originally Posted by Conservative View Post
    Just goes to show how much you love your country
    Thank you, I very much do. I love my country, I'm proud of the fact we're better off now than we were when Bush left office and I'm happy more and more Americans are better off now than they were when Bush left.

    I guess the question becomes, "Why aren't you"?

    Quote Originally Posted by a351 View Post
    You were incorrect.
    I assure you, that will not matter to him.

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

    Quote Originally Posted by Slyfox696 View Post
    Before Obama: 14.2% U6 and rising - After Obama: 13.9% and falling

    Thank you, President Obama.

    Source: Portal Seven | U6 Unemployment Rate

    You think everything which has been added to the national debt has totally been on economic policies? Of course it wasn't.

    Compared to what, the overinflated market in the years leading up to the crash?

    You say that like it's a bad thing more people are eating.

    That makes two of us.

    It just KILLS you our country is heading in the right direction, doesn't it? Our country has already passed the level it was at when Obama first took over and is continuing to improve.

    Just shows that facts and data have no place in an Obamahater's world as they buy the rhetoric, spin positive information negatively, and then run when challenged. Wonder what it is about conservatism that creates this kind of loyalty?

    Thank you, I very much do. I love my country, I'm proud of the fact we're better off now than we were when Bush left office and I'm happy more and more Americans are better off now than they were when Bush left.

    I guess the question becomes, "Why aren't you"?



    I assure you, that will not matter to him.
    So...

    1) the U-6 rate dropped 0.3% in 52 months to 13.9%...and you think that warrants a 'thank you' to POTUS Obama.

    Noted.


    2) Fine, then where is your unbiased factual source that details exactly how much of that added debt did not go towards helping Americans - either directly or indirectly - get back to work?


    3) So it is not a 'bad thing' that 40+% more Americans are so poor since Obama took office that they require government assistance so that they do not starve.

    Okaaaaay.
    Last edited by DA60; 05-05-13 at 11:57 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
    How about posting the "right" statistic chart for us? I gave you the chart showing discouraged workers which aren't under employed so tell me how that chart isn't accurate?
    This entire exchange centered around you doubling down on a obviously wrong, inexcusably stupid claim that we've experienced a loss of 9 million jobs over the course of the past four years. You've managed to copy/paste figures that don't even fit into that category, let alone validate your claim, yet still proclaim victory at every turn. Anywho, here's the raw job figures for the past four years. LMK when you find that net loss of 9 mill.


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

    Quote Originally Posted by a351 View Post
    This entire exchange centered around you doubling down on a obviously wrong, inexcusably stupid claim that we've experienced a loss of 9 million jobs over the course of the past four years. You've managed to copy/paste figures that don't even fit into that category, let alone validate your claim, yet still proclaim victory at every turn. Anywho, here's the raw job figures for the past four years. LMK when you find that net loss of 9 mill.

    I know this escapes you but the labor force hasn't kept up with population growth and further use the right chart to measure the employed and note what it was when the recession began in December 2007 and here we are 3 million jobs less after adding 6 trillion to the debt. You call that an improvement?

    Labor Force Statistics from the Current Population Survey
    Original Data Value

    Series Id: LNS12000000
    Seasonally Adjusted
    Series title: (Seas) Employment Level
    Labor force status: Employed
    Type of data: Number in thousands
    Age: 16 years and over
    Years: 1980 to 2011

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
    2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
    2003 137417 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
    2004 138472 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
    2005 140245 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
    2006 143150 143457 143741 143761 144089 144353 144202 144625 144815 145314 145534 145970
    2007 146028 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
    2008 146397 146157 146108 146130 145929 145738 145530 145196 145059 144792 144078 143328
    2009 142187 141660 140754 140654 140294 140003 139891 139458 138775 138401 138607 137968
    2010 138500 138665 138836 139306 139340 139137 139139 139338 139344 139072 138937 139220
    2011 139330 139551 139764 139628 139808 139385 139450 139754 140107 140297 140614 140790
    2012 141608 142019 142020 141934 142302 142448 142250 142164 142974 143328 143277 143305
    2013 143322 143492 143286 143579
    Still cannot admit you are wrong, can you?

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

    Quote Originally Posted by Conservative View Post
    I know this escapes you but the labor force hasn't kept up with population growth and further use the right chart to measure the employed and note what it was when the recession began in December 2007 and here we are 3 million jobs less after adding 6 trillion to the debt. You call that an improvement?


    ate
    Still cannot admit you are wrong, can you?
    Four year time table Rainman. Four. You're using the completely wrong time span and still coming up six million jobs short. This is embarrassing. Have some self respect.

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

    Quote Originally Posted by a351 View Post
    Four year time table Rainman. Four. You're using the completely wrong time span and still coming up six million jobs short. This is embarrassing. Have some self respect.
    What amazes me is your lack of understanding of population growth, discouraged workers, under employed, and debt service as it impacts even you. BLS Data gives the number, you have a problem with it, take it up with them.

    Do you think a 155.2 million labor force in a country of 310 million people is an indication that the Obama economic policies have been successful? Please explain how growing the labor force by 1 million people in four plus years is an example of good economic policies?

    Do you think over 800,000 discouraged workers in April 2013 is an indication that the economy is improving under Obama? Did you bother to even look at the discouraged worker chart of 2009?

    Do you think under employment of 10 million Americans(your number) is an indication of an improving Obama economy?

    Explain why that during the Bush term the labor force grew at 1.3 million per year but under Obama that has been 300,000 per year yet Obama economic performance good, Bush bad?

    What is it about liberalism that creates this kind of loyalty?

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

    There isn't an actual debate here
    LOL!

    13.9% of americans are either unemployed or working less than they want

    10 million more have given up altogether

    large, surprising numbers of the latter are youth, according to the nyt friday

    wages are pathetic, net incomes are down

    the fed has obligated almost 4T of public trust in mortgage backed garbage

    the stimulus was a complete failure, it's become a dirty word, obscene, the s-word

    Just don't call it a 'stimulus' - Alexander Burns - POLITICO

    Obama wants to boost economy - just don't call it stimulus - CNN

    Just Don't Call It a Jobs Stimulus - Washington Post

    Barack Obama's economic proposals: Just don't call it stimulus | The Economist

    Obama's Next Economic Plan: Don't Call It a Stimulus - TIME

    Don't call it a stimulus - Los Angeles Times

    why?

    keynes is kaput

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