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Thread: Jobless claims fall to lowest level since early 2006

  1. #51
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    Re: Jobless claims fall to lowest level since early 2006

    Quote Originally Posted by pinqy View Post
    Except the percent of employed who have more than one job is lower even than before the recession.
    Meaningless factoid, aggregate employment has declined since the 1997 peak....which is reflected in multiple job holding stats....which also shows the stepping down of this employment through the last 2 recessions:



    and looking closer since 2007, clown's claim actually holds up:

    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  2. #52
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    Re: Jobless claims fall to lowest level since early 2006

    Quote Originally Posted by Gimmesometruth View Post
    Meaningless factoid, aggregate employment has declined since the 1997 peak....which is reflected in multiple job holding stats....which also shows the stepping down of this employment through the last 2 recessions:
    ummm a decline in employment wouldn't affetct the percent of multiple job holders. If overall employment goes done, then the number of multiple job holders would have to go down by a bigger percentage than overall employment for there to be a drop in the percentage.

    and looking closer since 2007, clown's claim actually holds up:

    True, I should have looked only at both jobs part time instead of total multiple jobholders.
    But while the number of both jobs part time has been going up...that trend started before the recession, and hasn't been that large. I think it would be a stretch to say there was any significant number of full time job holders switching to 2 jobs.
    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. #53
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    Re: Jobless claims fall to lowest level since early 2006

    Quote Originally Posted by pinqy View Post
    ummm a decline in employment wouldn't affetct the percent of multiple job holders.
    Whu..?
    Somehow those that have multiple jobs are magically immune to recessions/layoffs?

    Where are you pulling this out from?



    If overall employment goes done, then the number of multiple job holders would have to go down by a bigger percentage than overall employment for there to be a drop in the percentage.
    Now you just contradicted what you said previously. So which is it, are multiple job holders NOT "affetct" or do they experience a greater loss?

    Let me know.


    True, I should have looked only at both jobs part time instead of total multiple jobholders.
    But while the number of both jobs part time has been going up...that trend started before the recession, and hasn't been that large. I think it would be a stretch to say there was any significant number of full time job holders switching to 2 jobs.
    The change since 2007 is greater than 10%, which is significant in statistics.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  4. #54
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    Re: Jobless claims fall to lowest level since early 2006

    Quote Originally Posted by Kushinator View Post
    It looks as though labor markets are beginning to pick up a considerable amount of momentum. Persistent employment growth coupled with this sudden drop in new claims figures to set the stage for a reversal in real output growth. U.S. real GDP declined by 2.9 % in the first quarter of 2014, initially stoking fears of an impending recession. Yet that figure seems to be an outlier which can be attributable to a weakness in private inventory investment. Second quarter output data will be released this Wednesday (the 30th) and should shed a considerable amount of light on the U.S. economy.

    The rest of the article can be found here.
    The number of those "filing new claims" being at a low doesn't mean the situation will get better.

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