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Thread: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

  1. #121
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Simple, you are focusing on publicly traded corporations not the engine that drives our economy and employment, small businesses. It is easy to focus on big business as it is easy for liberals to attack them but it isn't big business that is getting hurt, it is the small businesses that ACA and regulations that are hurting. It is the small businesses that aren't hiring and are cutting hours leading to the millions who are long term part time employees looking for full time jobs.
    No. You're over blowing this by trying to take away what i have already proven: that big business is making unprecedented profits while not creating jobs. And you're are also over blowing this Affordable Care Act too when it comes to small businesses. Take note from Forbes:

    Overall, the ACA brings a mixture of rules and benefits, but there is nothing to suggest that the healthcare shake up will hinder job creation and economic growth. In fact, it could inject order into the unruly medical marketplace if the administration explains benefits and requirements simply and clearly.
    Quote Originally Posted by Conservative View Post
    Oh. by the way it isn't businesses role to provide people with a job but it is the businesses role to grow and in doing so will be forced to hire people.
    By the way, it isn't the people's role to provide big businesses with tax cuts that they can undoubtedly afford, too.

    Quote Originally Posted by Conservative View Post
    ]There is a reason that McDonald's in North Dakota are paying their workers $16 an hour. Maybe you can figure it out
    Probably so that those workers can actually live in that state comfortably.
    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations." `Thomas Jefferson

  2. #122
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Unemployment 10486 divided by labor force 156227= 6.71%
    Correct.

    500,000 re-entered the labor force hoping to find a job thus the 192.000 job creation wasn't enough to compensate for those 500,000 increase in labor force to drop the unemployment rate.
    First, you can't use the +192,000 as it's a a different survey, different time frime, different definitions (it excludes agriculture, the self-employed and others).

    Second, look at the break down of that increase in the labor force: Unemployment up 27,000 and employed went up 476,000 for the net increase of 503,000 in the labor force.
    But for the actual number of entry and reentry to the labor force, you have to look at the gross numbers: Labor force status flows by sex, current month 6.9 million people entered or re-entered the labor force: 4.2 million as employed and 2.7 million as unemployed.

    Both the labor force participation rate and the employment-population ratio increased.

    Actual number of unemployed actually ticked up a couple thousand.
    Right...that's part of the labor force increase.
    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.

  3. #123
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Bob N View Post
    No. You're over blowing this by trying to take away what i have already proven: that big business is making unprecedented profits while not creating jobs. And you're are also over blowing this Affordable Care Act too when it comes to small businesses. Take note from Forbes:



    By the way, it isn't the people's role to provide big businesses with tax cuts that they can undoubtedly afford, too.

    Probably so that those workers can actually live in that state comfortably.
    No, you are ignoring that most of the jobs created in our economy are by small businesses, not big publicly traded companies. You really need to stop buying what you are told and actually do some research. Publicly traded companies are indeed making huge profits mostly because of the trillions being pumped into the economy making money very inexpensive to these companies who are refinancing their debt and thus improving their debt service leading to increased profits.

    Wrong on the North Dakota situation, try again

  4. #124
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by pinqy View Post
    Correct.


    First, you can't use the +192,000 as it's a a different survey, different time frime, different definitions (it excludes agriculture, the self-employed and others).

    Second, look at the break down of that increase in the labor force: Unemployment up 27,000 and employed went up 476,000 for the net increase of 503,000 in the labor force.
    But for the actual number of entry and reentry to the labor force, you have to look at the gross numbers: Labor force status flows by sex, current month 6.9 million people entered or re-entered the labor force: 4.2 million as employed and 2.7 million as unemployed.

    Both the labor force participation rate and the employment-population ratio increased.


    Right...that's part of the labor force increase.
    So tell me do discouraged workers help or hurt the official unemployment rate? The labor force increased a little over 2 million since Obama took office. It increased over a million a year during the Bush term.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    No, you are ignoring that most of the jobs created in our economy are by small businesses, not big publicly traded companies. You really need to stop buying what you are told and actually do some research. Publicly traded companies are indeed making huge profits mostly because of the trillions being pumped into the economy making money very inexpensive to these companies who are refinancing their debt and thus improving their debt service leading to increased profits.

    Wrong on the North Dakota situation, try again
    Didn't read the Forbes article, did you.
    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations." `Thomas Jefferson

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Bob N View Post
    Didn't read the Forbes article, did you.
    Didn't answer the question, why are McDonald's paying workers $16 per hour and it has nothing to do with the cost of living in N. Dakota

  7. #127
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    Didn't answer the question, why are McDonald's paying workers $16 per hour and it has nothing to do with the cost of living in N. Dakota
    Well most chances are is probably because if I do I still will not read a logical rebuttal from you on the two points I have already substantially made complete with links proving you're wrong.

    But yeah. Go ahead and tell me about the McDonalds thing; I'm ready.
    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations." `Thomas Jefferson

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Helix View Post
    monthly jobs report. rage or rejoice.
    I wish the government would report the unemployment report honestly. They should report everyone who is capable of working but not working. This would include discouraged workers who want a job but just quit looking but are not reported in the unemployment numbers.
    "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury." Attributed to Alexander Tytler

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Bob N View Post
    Well most chances are is probably because if I do I still will not read a logical rebuttal from you on the two points I have already substantially made complete with links proving you're wrong.

    But yeah. Go ahead and tell me about the McDonalds thing; I'm ready.
    The links prove absolutely nothing of the sort, ACA is a job killer and always will be and the current economic results prove that plus the fact that Democrats are running away from ACA. I ran a business, did you? You don't seem to understand our economy at all nor the operating expenses of any business nor do you understand supply and demand.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    I believe we should merely Use socialism to bailout capitalism, like usual; with existing legal and physical infrastructure in our republic.
    That's like saying here use this drill to plug the holes in the boat.

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