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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

  1. #101
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    What do you call the over 1 million people who were discouraged last month and stopped looking for jobs? You see, hemorraghing jobs that you cannot see or aren't counted is never a problem for a liberal.
    The Labor Force increased in June...more people entered the labor force than left.
    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: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by pinqy View Post
    The numbers are accurate, but your understanding is off. The number of discouraged in June is NOT the number who left the labor force in June nor the number of people who became discouraged in June. The U6 includes all marginally attached, not just discouraged.
    You don't seem to understand what the data actually mean. For example:

    U6 is the rate, not a number, and it's unemployed plus marginally attached plus part time for economic reasons as a percent of the labor force plus marginally attached.

    [

    Neither does the U6. No single number can tell the full story.
    Never said the number of discouraged in June was the number that left the labor force, the number of discouraged in June just like every other month since 1994 aren't counted in the official unemployment numbers which make the unemployment numbers look better than they are

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by pinqy View Post
    The Labor Force increased in June...more people entered the labor force than left.
    The labor force increased by about 177,000 but one million discouraged workers aren't counted as unemployed. Are discouraged workers unemployed?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by upsideguy View Post
    I see you still meet poignant counter-argument with obfuscation. I was merely taking apart your assertion that debt to GDP was not relevant. The post I took issue with.....



    .....made no mention of unemployment or Obama ideology, nor did I reply with any assertion mentioning unemployment or Obama ideology.

    When you are called out on a math problem, it is not sound argument to interject theology. It just shows all of the readers that you can't answer the math problem.
    In an economy that is predominantly private sector comparing govt. spending and debt to the private sector GDP is an exercise that excites liberals but means nothing.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Donc View Post
    According to this site if we stay at the current rate of job creation, the unemployment rate will drop to 6% in about two years.BAD NEWS FOR CON.
    I think it is wonderful to have over 21 million plus unemployed/under employed/discouraged workers as apparently do you. If enough people drop out because of being discouraged why not 5% unemployment?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    I think it is wonderful to have over 21 million plus unemployed/under employed/discouraged workers as apparently do you. If enough people drop out because of being discouraged why not 5% unemployment?
    Sadly, according to the site thatta happen in about 2017.But it will happen a lot sooner if we kick the wingers outta the house and get some sanity installed in 2014.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Donc View Post
    Sadly, according to the site thatta happen in about 2017.But it will happen a lot sooner if we kick the wingers outta the house and get some sanity installed in 2014.
    Absolutely, there is no question that Obamanomics including Obamacare, higher taxes, and more regulations are excellent for business growth and hiring. We need more govt. spending from a lower tax base. That will always work.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Never said the number of discouraged in June was the number that left the labor force,
    Oh? Your second post in this thread stated "the over 1 million people that dropped out of the labor force last month. " Certainly seems to be saying the discouraged are the number that dropped out.

    the number of discouraged in June just like every other month since 1994 aren't counted in the official unemployment numbers which make the unemployment numbers look better than they are
    The discouraged have never been counted in the UE numbers...ever. Before 1967 some of what we know call discouraged could be included in special circumstances at the interviewer's discretion.

    Quote Originally Posted by Conservative View Post
    The labor force increased by about 177,000 but one million discouraged workers aren't counted as unemployed. Are discouraged workers unemployed?
    Not by any definition ever used. Unemployed has always meant not working but actively looking for work.

    Why do you consider the discouraged to be unemployed? What about the rest of the Marginally Attached? or the rest of the ?people who want a job but are not classified as unemployed or discouraged or marginally attached?
    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: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by pinqy View Post
    The Labor Force increased in June...more people entered the labor force than left.
    You really shouldn't waste so much time confusing people with facts. Republicans/conservatives hate facts when said facts have an obvious liberal bias.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Absolutely, there is no question that Obamanomics including Obamacare, higher taxes, and more regulations are excellent for business growth and hiring. We need more govt. spending from a lower tax base. That will always work.
    " Obamanomics" seems to be working; as for "Obamacare"it should be junked and a more sensible Medicare for all installed instead...maybe after 2014 thatta start.Higher "higher taxes"?? Seemed to work for BJ didn't it?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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