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Thread: May employment report: Economy adds 175K jobs

  1. #21
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    Re: May employment report: Economy adds 175K jobs

    Another month of the Obama malaise. Five freakin' years in, and the left still can't admit that these job numbers and high unemployment are a complete failure by this administration. FIVE YEARS!!! As I've said all along, he is not interested in job creation, he is interested in big government. And his main concern now is not the crappy job creation, but the loss of government jobs. Forget what he says, it's his actions that count. And it's five years of government growth, and screw the people.

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    Re: May employment report: Economy adds 175K jobs

    Quote Originally Posted by Anthony60 View Post
    Another month of the Obama malaise. Five freakin' years in
    Uhh, it has not been five years, you need to check your math again. 2009-2010, 2010-2011, 2011-2012, 2012-2013.

    and the left still can't admit that these job numbers and high unemployment are a complete failure by this administration.
    The unemployment rate hit its peak at 10.0 and is now at 7.6. We have gained 6.3 million jobs since 2010.

    Just what exactly is the left supposed to be admitting?

    FIVE YEARS!!!
    Not even four and a half.

    As I've said all along, he is not interested in job creation, he is interested in big government.
    An amusing quote, considering government continually is cutting jobs and the private sector is continually creating them...almost 7 million private sector jobs created.

    Like I've said all along, you don't seem to have very good facts.

    And his main concern now is not the crappy job creation, but the loss of government jobs.
    Uhh...so Obama is interested in big government, but is cutting government jobs. This makes sense to you?

    Forget what he says, it's his actions that count.
    Fair enough. I'll take 6.3 million jobs created in 3 and a half years.

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    Re: May employment report: Economy adds 175K jobs

    It's a good thing that Obama hasn't succeeded in shutting down land drilling, too, because it was North Dakota that lead the way in job creation.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: May employment report: Economy adds 175K jobs

    Quote Originally Posted by CalGun View Post
    Yes there was click on the link provided. Your assertion is false. There was no adjustment the year before. It was "sprung" upon us in October of 2012 - shocking - and its claim was a 3/10ths of a point drop just before the election.
    The only mention of any adjustments made was seasonal adjustments which are made every month. And looking at the unadjusted rates, the unadjusted rate went from 8.2 to 7.6, while the adjusted rate went from 8.1 to 7.8

    Are you really going to claim the rate was deliberately manipulated to be lower and with a smaller change? check the data yourself:
    Table A-1. Employment status of the civilian population by sex and age
    And for Aug-Sep 2011, the unadjusted rate went from 9.1 to 8.8 while the adjusted rate stayed flat at 9%

    So where are you getting the idea of a special adjustment?
    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: May employment report: Economy adds 175K jobs

    Of course 'new jobs' were created... tourist season is upon us.....

    And they'll go away come mid-August......
    Building block or stumbling block.... choose.

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    Re: May employment report: Economy adds 175K jobs

    Quote Originally Posted by GottaGo View Post
    Of course 'new jobs' were created... tourist season is upon us.....

    And they'll go away come mid-August......
    Yep, just like they have for the past 39 consecutive months, right?

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    Re: May employment report: Economy adds 175K jobs

    Quote Originally Posted by GottaGo View Post
    Of course 'new jobs' were created... tourist season is upon us.....

    And they'll go away come mid-August......
    The numbers are seasonally adjusted to account for that. The unadjusted change in jobs was +885,000, adjusted down to +175,000 precisely because hiring as always goes up that time of year
    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: May employment report: Economy adds 175K jobs

    And in how many monthly reports are the adjustments big news ?

    Hmm...Oct 2012

    Any others? Hmmm.

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    Re: May employment report: Economy adds 175K jobs

    Quote Originally Posted by CalGun View Post
    And in how many monthly reports are the adjustments big news ?

    Hmm...Oct 2012

    Any others? Hmmm.
    Last month for starters. The October figures received heightened attention due to the election, but the scale of the revision was hardly unprecedented.

    The change in total non farm payroll employment for February was revised from +268,000 to +332,000, and the change for March was
    revised from +88,000 to +138,000. With these revisions, employment gains in February and March combined were 114,000 higher than previously reported.
    Employment Situation News Release

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    Re: May employment report: Economy adds 175K jobs

    Just to address the conspiracy theories, I highly doubt that the Obama Administration would be able to distort the findings of the monthly employment report. Not only is it impractical, but I doubt it would go unnoticed. As all the current leaks show, the Obama Administration is far from watertight. Such a scheme would never have worked. Whether you wish to admit it or not, Obama won fair and square, and the favorable employment report shortly beforehand is simply coincidental. Cooking up baseless theories wont change the fact that Romney lost.

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