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Thread: US economy adds 288,000 jobs in June

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Summerwind View Post
    I'm curious how they decide who is looking for work. If they are using unemployment claims, that's only valid til they run out, then how do they count it? I know people still looking for a job after four and five years of being unable to find employment. They're still looking, but their unemployment ran out long ago for some, more recently for others, are they counted anymore or are they assumed to "not want to work" as you erroneously try to paint the current batches of chronically unemployed.
    They actually call people on the phone. Seriously, they do a telephone poll. All data is derived from the poll, and has nothing to do with claims for unemployment benefits (although those are reported seperately on a weekly bases).

    They ask how many 16 years or older are in your household, how many are working, how many are looking for work, how many would like to work but are not working or looking for work (discouraged workers), and how many would work if they had a special need to work (marginally attached workers).

    From my point of view, the only thing that matters is the basic unemployment rate. I could care less about discouraged workers, because I figure if one isn't working or bothering to look for a job, they really don't need a job. Anyone who refused to work or to look for work isn't unemployed, they are doing whatever it is that makes them happier than working or looking for work, and apparently they have found some alternative means of support.
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    Anyone using booming and Obama economy in the same sentence has to be smoking something that is illegal in most states
    then you have to be smoking something, because you just did it.
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    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    I doubt that a Republican President will take 6 years to clean up the mess that Obama is leaving this country and won't be blaming well into that Republican's second term. Interesting how 45% of the people today wish Romney was in the WH and 39% support Obama. Wonder what you are missing that they understand?
    I don't think I am missing anything. Neither Romney or Obama have even a bare majority of support. They both obviously suck. Would you not agree?
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    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by imagep View Post
    They actually call people on the phone. Seriously, they do a telephone poll. All data is derived from the poll, and has nothing to do with claims for unemployment benefits (although those are reported seperately on a weekly bases).

    They ask how many 16 years or older are in your household, how many are working, how many are looking for work, how many would like to work but are not working or looking for work (discouraged workers), and how many would work if they had a special need to work (marginally attached workers).

    From my point of view, the only thing that matters is the basic unemployment rate. I could care less about discouraged workers, because I figure if one isn't working or bothering to look for a job, they really don't need a job. Anyone who refused to work or to look for work isn't unemployed, they are doing whatever it is that makes them happier than working or looking for work, and apparently they have found some alternative means of support.
    Yes, but you seem to be assuming anyone not counted isn't looking and wants to be idle, that's simply not true. It a falsehood used to justify certain political stances regarding the chronically unemployed since the recession, before the recession as well, though with the apparently hopping economy and abundance of jobs, it seemed more likely then than now that the chronically unemployed were making a choice.
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Jetboogieman View Post
    Some positive news for a change.
    The US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown.

    The unemployment rate dropped to 6.1%, its lowest level since September 2008.
    Yep...swimming pools opened for the summer and all the life guards went back to work. Plus, several hundred new fast food joints opened up and lots of counter, drive-thru people and microwave warmers were added to the ranks of the employed. Took care of that 0.6% drop from May.

    Congrats to you, Obama.

    OH YEAH...I forgot all those crack employees of SERCO processing all those obamacare apps.
    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: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    It doesn't increase the labor pool it forces people to actually look for jobs and become employed. There is no labor shortage only an incentive to get a job shortage and that is eliminated when unemployment benefits run out.
    That still doesn't explain why employers would hire more people. It's not like we had a shortage of people looking for work, if we did, then our economy would be booming. so are you really claiming that our economy is booming? No, I didn't think so. Your logic fails.
    Last edited by imagep; 07-03-14 at 11:44 PM.
    Quote Originally Posted by ocean515 View Post
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    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Summerwind View Post
    Yes, but you seem to be assuming anyone not counted isn't looking and wants to be idle, that's simply not true. It a falsehood used to justify certain political stances regarding the chronically unemployed since the recession, before the recession as well, though with the apparently hopping economy and abundance of jobs, it seemed more likely then than now that the chronically unemployed were making a choice.
    The poll is based upon what the people being polled tell them. Nothing more, nothing less. If they tell the pollster that they aren't looking, then they aren't unemployed by the standard definition of unemployed. If they tell the poster that they would like to have a job, but aren't looking, then they are counted as a discouraged worker.

    Personally, I could care less about discouraged workers. maybe that's the hard conservative side of me, but if someone doesn't even bother to look for work, or to gain job skills to become employable, well, screw them, that's their problem, why should I care?

    I'm much more concerned that people who want to work and are actively searching for work have jobs, than people who would like to work, but not like to work enough to keep looking for a job. That's just a lazy sorry arse worthless piece of shiet to me.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  8. #98
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    Re: US economy adds 288,000 jobs in June

    [QUOTE=Summerwind;1063485505]I'm curious how they decide who is looking for work. If they are using unemployment claims, that's only valid til they run out, then how do they count it? [quote]
    Because, as you point out, unemployment benefits run out, and because only about a third of unemployed receive benefits, the unemployment figures have always been derived from a survey. No, it's not some random telephone survey...the country is divided up in regions, like regions in a state are put into groups (and some groups have only one area in them), and then individual areas are randomly selected with a chance proportional to size within its group. So place like NYC, LA, Chicago, DC, etc are the only regions in their group and will be selected with certainty, while Centre County, Mifflin County, Union County PA are probably in the same strata (with other counties probably) and only one will be selected. Then areas within are randomly selected down to a set of individual addresses. Houses are in the survey 4 months, out for 8, back in for 4 (and that's regardless of whether the house changes occupants or not. Initial interviews and re-entry interviews are in person, and then phone option afterwards.

    Sorry for the overly long explanation, I've just found that many people equate "survey" with "completely inaccurate telephone survey.

    Back to the point...those in the house age 15 and older are asked if they worked the previous week and if not, then what had they done to look for work in the previous 4 weeks. Just reading the classifieds doesn't count as active job search. Pretty much everything else does.

    I know people still looking for a job after four and five years of being unable to find employment. They're still looking, but their unemployment ran out long ago for some, more recently for others, are they counted anymore or are they assumed to "not want to work" as you erroneously try to paint the current batches of chronically unemployed.
    If they looked in the 4 weeks between surveys then they would be unemployed, regardless of how long they've been looking. If they don't look that whole 4 weeks then they'd be Not in the Labor Force until they started looking again.

    Oh, and I didn't erroneously say "not want to work" (and no one is assumed that they don't want to work)...I meant it. The majority of those Not in the Labor Force say they don't want to work...and that number and percentage has been growing.
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    And while the sun and moon endure/Luck's a chance, but trouble's sure,
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by HogWash View Post
    Yep...swimming pools opened for the summer and all the life guards went back to work. Plus, several hundred new fast food joints opened up and lots of counter, drive-thru people and microwave warmers were added to the ranks of the employed. Took care of that 0.6% drop from May.

    Congrats to you, Obama.

    OH YEAH...I forgot all those crack employees of SERCO processing all those obamacare apps.
    That stuff happens every year. The numbers are seasonally adjusted for that reason.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #100
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by imagep View Post
    That still doesn't explain why employers would hire more people. It's not like we had a shortage of people looking for work, if we did, then our economy would be booming. so are you really claiming that our economy is booming? No, I didn't think so. Your logic fails.
    Employers aren't going to hire MORE employees because of the uncertainty as to future costs. What is happening now those employers that are hiring are getting more applicants because unemployment benefits have run out. This really has to be an act on your part because no one in business for themselves could be so poorly informed and lacking basic logic, common sense, as well understanding of personal behavior.

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