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Thread: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by a351 View Post
    Good to see the momentum continue. Also worthy of note is the fact that we've now recouped all the jobs lost since the beginning of the financial crisis.
    Yep, we now have 1,000,000 more burger flippers in the United States than we had six years ago. And even a few former high tech executives riding on the back of trash trucks.
    Liberalismódividing up the EARNED wealth of honest, hard working and ingenious AMERICANS and giving it to the leeches who would rather waste their worthless lives living off the government teat.
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by AlabamaPaul View Post
    I didn't define working age, the US Dept of Labor does that,
    They don't use that term in the labor force statistics. Again, there's no upper limit. If you bothered to look at the chart you'd have seen that the low participation is below age 20 and above age 55. A large part of the shift are those who say they do not want a job....students, retirees, stay home spouses, disabled, etc.

    and I'm not sure I'd be proud of any number that is almost 40 years old, also one which was at a time when women were just entering the workforce in mass. Now, if you want to argue the merits of why women felt the need to do so, we can...
    I'll ask in a different manner: If near 40% not working means "serious economic issues", then are you claiming we had serious economic issues every month before 1968 when the participation rate first hit 60%? Or will you admit that there are other factors than economic conditions that can affect the participation?
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by pinqy View Post
    They don't use that term in the labor force statistics. Again, there's no upper limit. If you bothered to look at the chart you'd have seen that the low participation is below age 20 and above age 55. A large part of the shift are those who say they do not want a job....students, retirees, stay home spouses, disabled, etc.

    I'll ask in a different manner: If near 40% not working means "serious economic issues", then are you claiming we had serious economic issues every month before 1968 when the participation rate first hit 60%? Or will you admit that there are other factors than economic conditions that can affect the participation?
    You're conflating debating points, and I never intimated there was an upper age limit. We're talking about different times, the first is where women were becoming a significant part of the workforce, and still are today, as compared to a time when they were not. The only thing today between a person and a job are either skills, economic conditions, or a desire to seek work...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by pinqy View Post
    That is a lie, and you know it, because you've been told so and shown the proof. Unemployment insurance is NOT and never has been part of the definiton used by BLS. It's not even asked in the survey

    "Jobe gained" is NET CHANGE and already includes jobs lost.

    It'd not lie - its basic fact.....

    The basic formula to establish unemployment is workforce divided by unemployment.... That says nothing abut the MILLIONS that have lost there benefits and are caught in a void or those who have previously lost their jobs..... It's a ****ing scam given the present formula that neglects 70% of those without work or are doing cash jobs on the side to make ends meet. Lets not forget these "jobs gains" are nothing more than "net gains" and not gross gains or losses.

    This is a double dip recession - and potentially a depression,

    It's amazing how people ignore reality but only pay attention to numbers.

    All I see is businesses closing, pawn shops opening and corporate businesses sustaining,

    This is not a "growing economy" this is a stagnant economy.

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by pinqy View Post
    Oh, so you'll be happy that while the official rate didn't change, the U-6 dropped. But why do you consider including people who have jobs as a truer picture of unemployment? And discouraged are nowhere near record high.The high was 1,308,000 in December 2010 It's now at 697,000.
    Every month of Obama has been higher than any month of Bush and that makes every month a record. Now you can continue to make excuses for the incompetent in the WH but the reality is it is the number of unemployed, number of discouraged workers, number of under employed that matters. Liberal economic policies are always a disaster

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by HogWash View Post
    Yep, we now have 1,000,000 more burger flippers in the United States than we had six years ago. And even a few former high tech executives riding on the back of trash trucks.
    We have 1,000,000 people who don't have jobs or unemployment benefits who rely on food stamps and maybe if they're lucky a little cash from odd jobs or state welfare.

    Mexicans buy fast food joints and only hire their family or illegals - at atleast where I'm from.
    Last edited by Mr.Nick; 06-06-14 at 10:35 PM.

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Tettsuo View Post
    Obama's success must be killin' you guys! LOL!
    What success?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by HogWash View Post
    Yep, we now have 1,000,000 more burger flippers in the United States than we had six years ago. And even a few former high tech executives riding on the back of trash trucks.
    Here in liberal land, garbage men are paid 22 bucks an hour working 70 hours a week. yes 1800 and change a week to big up the garbage

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Mr.Nick View Post
    We have 1,000,000 people who don't have jobs or unemployment benefits who rely on food stamps and maybe if they're lucky a little cash from odd jobs or state welfare.

    Mexicans buy fast food joints and only hire their family or illegals - at atleast where I'm from.
    Eat somewhere else

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Tettsuo View Post
    U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3% | Fox Business

    The U.S. added 217,000 jobs in May as labor markets seem to be gaining the kind of sustained momentum that has proven elusive as the economy has struggled to recover from the 2008 financial crisis.
    The headline unemployment rate was 6.3%, according to figures released Friday by the Labor Department. That rate is the same as in April, when 288,000 jobs were created, far more than had been expected.
    It is a dismal economic performance.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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