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

Who said anything about the disabled and those who can no longer work? And, while we're at it, who used the term "underachiever'?
This guy:
Probably the half that are underachievers in need of that taxpayer handout paid by half of the income earning families that actually pay taxes. Just goes to show that the American Idol generation buys rhetoric and ignores results.
 
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


Thank you, President Obama.

Here we go again, more data that you have no understanding of. Maybe you can answer the question that Sheik and others ignore, how do people dropping off the roles of the unemployed and becoming discouraged affect the unemployment rate?
 
This guy:

Got to love it, Pb, total bull**** on your part as you know what I meant. There isn't a person in the country that doesn't want to help people unable to help themselves but that isn't the role of the Federal Govt. so I stand by my statement. State and local governments have that responsibility, not the Federal Govt. and therein lies the problem. Too many people like you have no concept as to the role of the Federal Govt.
 
Yes, the employment numbers (through changes to how the Seasonally adjusted numbers are computed), the CPI (Congress just voted to change it to the C-CPI-U model...which lowers the rate...again) and the GDP (which makes the number seem larger and thus makes the debt-to-GDP look smaller) are all being skewed by the government to make the numbers the public sees look better.

That's what the Obama administration is known for, playing a shell game with numbers or cooking the numbers.

They been busted more than a few times cooking the numbers on immigration deportations and how many illegal aliens are crossing the border.

The best scam they got caught at was including Navy hospital ships and navy coastal craft being counted as part of the Navy's combat fleet to make the Navy appear larger than it really is.

You can't trust any thing that has a .gov behind it, well at least with the current administration.
 
Got to love it, Pb, total bull**** on your part as you know what I meant. There isn't a person in the country that doesn't want to help people unable to help themselves but that isn't the role of the Federal Govt. so I stand by my statement. State and local governments have that responsibility, not the Federal Govt. and therein lies the problem. Too many people like you have no concept as to the role of the Federal Govt.
JHC What in the H are you squawking about? Grant asked a question and I answered it, that's all.
 
Here we go again, more data that you have no understanding of. Maybe you can answer the question that Sheik and others ignore, how do people dropping off the roles of the unemployed and becoming discouraged affect the unemployment rate?
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?
Indeed.
 
JHC What in the H are you squawking about? Grant asked a question and I answered it, that's all.

And you answered with a quote from me. How about responding in kind as to the role of the Federal Govt. in your world?
 

Sorry but your ignorance of the facts and what you post is staggering. How do you think the 21.5 million unemployed/under employed/discouraged workers along with the millions and millions of others not even counted feel about the Obama economic record?
 
Sorry but your ignorance of the facts and what you post is staggering.
The facts are the facts. You cannot change them. Everything I said was 100% correct. Once more, conservatives engage in spinning positive news negatively. What is it about conservatism that creates this kind of loyalty?

How do you think the 21.5 million unemployed/under employed/discouraged workers along with the millions and millions of others not even counted feel about the Obama economic record?
I'm sorry, does that have ANYTHING to do with my facts? Nope. Once more conservatives from the facts when challenged. What is it about conservatism that creates this kind of loyalty?

My facts are facts, completely indisputable. The unemployment rate is lower, we're gaining (not losing) jobs each month and the stock market has doubled. Thank you, President Obama.
 
The facts are the facts. You cannot change them. Everything I said was 100% correct. Once more, you engage in spinning positive news negatively. What is it about conservatism that creates this kind of loyalty?

I'm sorry, does that have ANYTHING to do with my facts? Nope.

My facts are facts, completely indisputable. The unemployment rate is lower, we're gaining (not losing) jobs each month and the stock market has doubled. Thank you, President Obama.

Just goes to show how a true Obama supporter really doesn't care about the average American or those being hurt by the Obama economy. What matters to people like you is what is said not what is done.
 
Just goes to show how a true Obama supporter really doesn't care about the average American
I care that fewer of them are losing their jobs compared to any time since before the Bush recession. I care that more of those with investments in the stock market are doing well. I care about the average American very much.

I can't help but notice you've not once admitted I'm right, that my facts are 100% accurate. Why don't you go ahead and do that. Show some objectivity and admit the unemployment rate is better now than it was right before Obama took office. Admit the stock market is better now than right before Obama took office. Admit fewer people are losing their jobs at any point since before Obama took office.

Just admit what you know to be true. And please, don't run from the facts.

or those being hurt by the Obama economy.
When more jobs have been created now than before Obama took office, I would argue plenty of people are doing better in the Obama economy than they were doing in the economy before Obama. Again, 165,000 jobs created this month, compared to nearly 600,000 lost before Obama took office. The average American is finding jobs, not losing them. Thank you, President Obama.

What matters to people like you is what is said not what is done.
More people are being hired and fewer people are being fired. Thank you, President Obama.
 
And you answered with a quote from me. How about responding in kind as to the role of the Federal Govt. in your world?

The Federal government definitely has a role helping people, only the selfish far right believe it doesn't. Read the first 52 words of the U.S. Constitution.
 
The Federal government definitely has a role helping people, only the selfish far right believe it doesn't. Read the first 52 words of the U.S. Constitution.

Then why have any state and local governments at all especially when the Federal govt does it so well?
 
I care that fewer of them are losing their jobs compared to any time since before the Bush recession. I care that more of those with investments in the stock market are doing well. I care about the average American very much.

I can't help but notice you've not once admitted I'm right, that my facts are 100% accurate. Why don't you go ahead and do that. Show some objectivity and admit the unemployment rate is better now than it was right before Obama took office. Admit the stock market is better now than right before Obama took office. Admit fewer people are losing their jobs at any point since before Obama took office.

Just admit what you know to be true. And please, don't run from the facts.

When more jobs have been created now than before Obama took office, I would argue plenty of people are doing better in the Obama economy than they were doing in the economy before Obama. Again, 165,000 jobs created this month, compared to nearly 600,000 lost before Obama took office. The average American is finding jobs, not losing them. Thank you, President Obama.

More people are being hired and fewer people are being fired. Thank you, President Obama.

I know this is hard for you to understand but when Obama took office there were 143 million working Americans and last month there were 143 million working Americans so it only cost 6 trillion added to the debt to get back to where we started when Obama took office.

You are so right he is an amazing leader as he was able to get millions to drop out of the labor force and thus lower the unemployment rate. Congratulations you have established yourself as a true Obama supporter
 
I know this is hard for you to understand but when Obama took office there were 143 million working Americans and last month there were 143 million working Americans so it only cost 6 trillion added to the debt to get back to where we started when Obama took office.

You are so right he is an amazing leader as he was able to get millions to drop out of the labor force and thus lower the unemployment rate. Congratulations you have established yourself as a true Obama supporter

Ho did Obama get millions to drop ou of he labor force? Offer each and everyone of them an Obama Phone? Maybe a bunch of them went to college, ya think?
 
Then why have any state and local governments at all especially when the Federal govt does it so well?

Preamble U.S. Constitution said:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

............
 
I know this is hard for you to understand but when Obama took office there were 143 million working Americans and last month there were 143 million working Americans so it only cost 6 trillion added to the debt to get back to where we started when Obama took office.
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.
http://money.cnn.com/2012/09/27/news/economy/obama-job-creation/index.html
http://money.cnn.com/2012/11/02/news/economy/obama-jobs-report/index.html
 
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

Can't you hear the desperation in his voice as things get better and better? And all without the help of our #1 trading partner for manufactured goods. The eurozone is facing yet another year of austerity induced recession because they had the misfortune of having Conservatives and bankers in charge after the meltdown.
Can you imagine how well we would be doing if Europe wasn't on the ropes?
 
Can't you hear the desperation in his voice as things get better and better?
It never ceases to amaze me how desparately Republicans want this country to fail, simply because the Democrat is in office. They care far more about winning the game right now than they do about making the country better. They'd rather the country collapse and blame the Democrats than help make this country stronger and take the credit. It's why I always tell people I'm not a Democrat (nor would I ever be), but I'm mostly anti-Republican.
 
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.
 
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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
 
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.
 
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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.
 
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'.

:rolleyes:


'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-dictionary/u6-unemployment-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.
 
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