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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 polgara View Post
    I read an article the other day that described how the process for determining unemployment has recently been changed - it seems that today in la-la land, you are now unemployed only if you are currently collecting an unemployment check! I guess those who have just given up trying to find a job are just lazy, huh? The article further stated that if unemployment were calculated as it has been for years, the true rate would be closer to 14 percent! So I wonder how they're going to pay for both their health insurance, and their "skyrocketing" utility bills under the new EPA rules? Where are Houdini and David Copperfield when you need them?

    Greetings, apdst.
    Absolutely untrue.
    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 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by votemout View Post
    They love to spout "post a link" when all they have to do is use google, the information is out there they know it.
    Interesting, isn't it, they never ask another liberal to post a verifiable source and simply buy what they are told. Research is a foreign concept to people who buy the liberal rhetoric and ignore the liberal results.

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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 Slyfox696 View Post
    You obviously didn't read my post. Your responding posts in no way address what I said. Please read it and get back to me. Thanks.
    I don't want to get into the weeds here and I'll accept your comments that there have been 8.8 million jobs created since the financial crisis making up for the 8.7 million jobs lost during the financial crisis. That said, the devil is likely in the details in that the simple numbers do not indicate how many of the initially lost 8.7 million jobs were full time jobs and how many of the 8.8 replacement jobs are part-time. Perhaps the reason for a lot of the discrepancies is that if one person holds 3 part-time jobs, counted in the 8.8 million new jobs where they held just one full-time job that was lost in the 8.7 lost since the financial crisis, that would account for a lot of people dropping out of the labor force and the increase in those without jobs and/or no longer looking.

    And let's also not forget that normally, following a recession, job and economic growth is often in the 4 to 5% rate whereas last quarter the effective rate was negative .01%.

    You can sugar coat the statistics all you want, but if you think the US economy is chugging along as it was shortly after 9/11 and the Bush tax cuts to just prior to the financial crisis you're only fooling yourself.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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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 Conservative View Post
    Yes, and I realize that the official rate that is posted isn't really the true picture and that we have fewer people working today than we had when the recession began. The U-6 rate is the true picture and what is ignored with Obama are the huge numbers of discouraged workers that is still at record highs.
    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.
    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 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.
    What are the labor participation rate comparisons?
    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...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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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
    Absolutely untrue.
    I am trying to locate the article, per Luftwaffe's request. I will post the link as soon as I find it. I don't know what you consider "untrue," but I posted what I had read. You can then take it up with the writer of the article.

    Greetings, pinqy.

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

    Walmart is the largest single employer, and the next couple of runner ups are day labor temp agencies.

    YES. WE. CAN.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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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 polgara View Post
    I am trying to locate the article, per Luftwaffe's request. I will post the link as soon as I find it. I don't know what you consider "untrue," but I posted what I had read. You can then take it up with the writer of the article.

    Greetings, pinqy.
    Why don't you read the actual methodology? Employment Situation Technical Note
    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 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by votemout View Post
    great doing the avg. thing huh? fine so the upper most workers get paid more and this offsets more lower wage jobs being added.
    Not really rocket science, but answer this one question. How much effect did dictator Obama's Executive order giving ALL federal workers a 10.10 minimum wage factor into all of this?
    I assure you more then you think, but hey its your .
    True on that. Upper level management salaries have skyrocketed, while minimum wage jobs are mostly what people are getting. Therefore, giving just an average (the arithmetic mean) is meaningless, without also giving the median, along with the standard deviation. This is how people present dishonest data to support their position.
    The ghost of Jack Kevorkian for President's Physician: 2016

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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 Lachean View Post
    Oooooh a whole 5 cents? That makes up for all the losses

    I'm sure the 21.9 million underemployed agree with you when compared to 11.8 million back in 06.
    This is globalism. Corporations have gotten very good at not needing full-time positions, Unions don't have the muscle to make them, and the American public is schizo on the issue so the government goes along with what the Money says.

    Don't know why conservatives fuss so much over the natural outcomes of an economy where corporations can distribute their pipelines across continents and still pull everything together. The world the way it is and the way it is going should be everything you ever wanted.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

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