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

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

    Quote Originally Posted by Conservative View Post
    Yes, the labor force is increasing as it should due to population growth. The problem is the labor force isn't keeping up with the population growth including people entering the work force.
    You seem to be making a distinction between labor force and work force, so I'm not sure you understand what the definition of the labor force is. What difference are you making between labor formce and work force? Oh, and for the last few months, the Labor Force has increased more than population growth.

    Discouraged workers is a monthly number not a cumulative one.
    It is a monthly snapshot of the number of discouraged, yes, but it is NOT the number who became discouraged that month. Again, where are you getting that idea and why is that one number the number of new people in the category, when every other number in the report is the level that month?

    And further: May showed 780,000 Discouraged. What do you think those who still had not searched for work were classified as in June if not Discouraged?
    Last edited by pinqy; 07-09-13 at 10:25 AM.
    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
    It is a monthly snapshot of the number of discouraged, yes, but it is NOT the number who became discouraged that month. Again, where are you getting that idea and why is that one number the number of new people in the category, when every other number in the report is the level that month?
    I am not going to play this academia game of yours with definitions but stand by my posts. Labor force is the number of people eligible to work and work force is the employment numbers as I am using them. I have had numerous conversations with BLS and understand that the Obama numbers are a disaster and support for those numbers show the dumbing down of this country. Obama supporters simply cannot admit they are wrong. Don't know if you are an Obama supporter or not nor do I care. What I do care about are the number of unemployed/under employed/discouraged workers that has remained high during the entire Obama term, the slow growth in the labor force, the lack of incentive for the private sector to grow jobs, and the roadblocks Obama has implemented that hurts private business

    This country has a 2% GDP growth, slow labor force growth, high debt, puny job creation and Obama gets a pass. That is the point that I will continue to drive this home

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

    Quote Originally Posted by Conservative View Post
    I am not going to play this academia game of yours with definitions but stand by my posts.
    The problem is that when you use technical terms incorrectly, including in a colloquial use, your statements will be confusing. You can't expect someone to understand you if you're not using the proper terms.

    Labor force is the number of people eligible to work
    What does "eligible to work" mean? The Labor Force is and has always been defined as Employed plus Unemployed, where unemployed is defined as wants to work, available to work, and actively looking for work.

    and work force is the employment numbers as I am using them.
    then why not say "employed?" Work force is often used interchangeably with labor force.

    I have had numerous conversations with BLS
    Not as many as I have, and you don't appear to understand them if you keep insisting that Discouraged is only the people who became discouraged that month.

    Of course there are many problems with the current state of the labor force, but you only confuse things with improper terminology and misunderstanding of the most basic concepts.
    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%

    pinqy;1062029819]The problem is that when you use technical terms incorrectly, including in a colloquial use, your statements will be confusing. You can't expect someone to understand you if you're not using the proper terms.


    What does "eligible to work" mean? The Labor Force is and has always been defined as Employed plus Unemployed.


    then why not say "employed?" Work force is often used interchangeably with labor force.
    Aw, yes, basic concepts and numbers like 14.3% U-6, 177,000 fewer people unemployed today over four years after Obama took office and before adding 6.2 trillion to the debt, 2% GDP growth coming off a terrible recession, a labor force that hasn't kept up with population growth, people accepting unemployment benefits for two years and then stop looking for work. Yes, the actual data shows what people in the real world understand, Obama's record is a disaster and yet people still support the empty suit.

    Discouraged workers are not counted as unemployed regardless of when they became discouraged. That is the important part of the equation and in June that number was over a million and that is the number that isn't included in the unemployment number. What is the true unemployment for June? Whether it is a million discouraged, 950,000, or 900,000 it is too high which is being ignored. People aren't motivated to find a job, any job, and when they do today it is going to be predominantly a part time job. That isn't the foundation upon which our economy was built.

    Reality sucks to a liberal and Obama supporter.

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

    Quote Originally Posted by Conservative View Post
    I am not going to play this academia game of yours with definitions but stand by my posts. Labor force is the number of people eligible to work and work force is the employment numbers as I am using them. I have had numerous conversations with BLS and understand that the Obama numbers are a disaster and support for those numbers show the dumbing down of this country. Obama supporters simply cannot admit they are wrong. Don't know if you are an Obama supporter or not nor do I care. What I do care about are the number of unemployed/under employed/discouraged workers that has remained high during the entire Obama term, the slow growth in the labor force, the lack of incentive for the private sector to grow jobs, and the roadblocks Obama has implemented that hurts private business

    This country has a 2% GDP growth, slow labor force growth, high debt, puny job creation and Obama gets a pass. That is the point that I will continue to drive this home
    Here's the problem, the jobs simply are no longer here, the wealth of our nation is literally being sucked out from us. What's left will be concentrated to a few.

    US Trade Deficit: How Our Negative Balance of Trade is Harming the Recovery

    America has tallied a $6.75 trillion net exports deficit since 2000. No matter your view on American trade policy, $6.75 trillion in reduced GDP cost this country the equivalent of over 3% in annual growth for over a decade and millions of potential jobs.

    Net exports are the value of a nationís total exports minus its total imports one of the components used in measuring gross domestic product.

    GDP = C + I + G + Net exports

    For decades, economic analysts have disagreed over the impact of net exports on a nationís financial well being. Some economists believe that a trade surplus creates employment and increases GDP growth. Others believe that the balance of trade has little impact.

    America has not had a trade surplus since 1974. The following chart based on data from the U.S. Census Bureau Foreign Trade Division traces the recent history of Americaís trade deficit.

    p

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

    Quote Originally Posted by pbrauer View Post
    Here's the problem, the jobs simply are no longer here, the wealth of our nation is literally being sucked out from us. What's left will be concentrated to a few.

    US Trade Deficit: How Our Negative Balance of Trade is Harming the Recovery

    America has tallied a $6.75 trillion net exports deficit since 2000. No matter your view on American trade policy, $6.75 trillion in reduced GDP cost this country the equivalent of over 3% in annual growth for over a decade and millions of potential jobs.

    Net exports are the value of a nation’s total exports minus its total imports one of the components used in measuring gross domestic product.

    GDP = C + I + G + Net exports

    For decades, economic analysts have disagreed over the impact of net exports on a nation’s financial well being. Some economists believe that a trade surplus creates employment and increases GDP growth. Others believe that the balance of trade has little impact.

    America has not had a trade surplus since 1974. The following chart based on data from the U.S. Census Bureau Foreign Trade Division traces the recent history of America’s trade deficit.

    p
    Population continues to grow, the service industry continues to grow, new industries continue to crop up. The race to mediocrity by liberals will never be accepted by a good leader. A good leader will take the hand he is dealt and play it to the best of his ability. We have seen how Obama plays the hand, poorly, placing blame, never cheerleading the greatness of America, or implementing pro growth economic policies. Barack Obama shows what happens when you put a community agitator into a position of leadership. Cheerleaders in his camp will trumpet numbers like we got last month ignoring the reality of those numbers and the very poor example Obama is setting for the country. He is a perfect example of what good leadership isn't.

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

    Quote Originally Posted by Conservative View Post
    Population continues to grow, the service industry continues to grow, new industries continue to crop up. The race to mediocrity by liberals will never be accepted by a good leader. A good leader will take the hand he is dealt and play it to the best of his ability. We have seen how Obama plays the hand, poorly, placing blame, never cheerleading the greatness of America, or implementing pro growth economic policies. Barack Obama shows what happens when you put a community agitator into a position of leadership. Cheerleaders in his camp will trumpet numbers like we got last month ignoring the reality of those numbers and the very poor example Obama is setting for the country. He is a perfect example of what good leadership isn't.
    You don't create real wealth with service, you create real wealth by taking raw materials adding labor to create goods. Adam Smith. Thats what capitalism is, and what made us a great nation. You simply don't realize that, you would rather trash the guy in the WH, That's understood.

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

    Quote Originally Posted by Conservative View Post
    Population continues to grow, the service industry continues to grow, new industries continue to crop up.
    What new industries are you talking about ?

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

    Quote Originally Posted by pbrauer View Post
    You don't create real wealth with service, you create real wealth by taking raw materials adding labor to create goods. Adam Smith. Thats what capitalism is, and what made us a great nation. You simply don't realize that, you would rather trash the guy in the WH, That's understood.
    You create wealth by creating services that people want, i.e. Facebook. You have such a narrow minded view of the economy and what leadership is. Wonder if you would have the same outlook if these were a Republican numbers vs. a Democrat? Capitalism made this country great, too bad liberals and Obama are trying to destroy it? You think demonizing individual wealth creation helps capitalism? You think that things like Obamacare, more regulations, and higher taxes promote capitalism? You think having people dependent on the govt. promotes capitalism?

    I trash the guy in the WH because he lacks the leadership and executive experience to be there. Sometimes it takes a leader to cheerlead and Obama would rather blame someone else vs cheerleading the workers in this economy

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

    Quote Originally Posted by Gimmesometruth View Post
    Are we talking about buildings...or employment?

    I know you have to keep going on and on, taking multiple swings at the same point, reviewing and trying to find a crack for your wedge, but again it is all just dishonest argument.
    Actually, what is evident to all, is your dishonest argument.

    I posted a quite factual, and quite literal, statement claiming thousands of FACTORIES had closed since FDR. If you checked the post I was replying to, FACTORIES was used in the claim.

    You, quite dishonestly, perverted that statment into something about EMPLOYMENT, which I never mentioned.

    When you learn to debate, I might consider investing more time doing so. In the mean time, I see no point.

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