Page 7 of 8 FirstFirst ... 5678 LastLast
Results 61 to 70 of 80

Thread: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%[W:59]

  1. #61
    Banned
    Join Date
    Jan 2012
    Location
    Where I am now
    Last Seen
    09-11-17 @ 03:00 AM
    Gender
    Lean
    Independent
    Posts
    16,386

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by DA60 View Post
    Wait a minute...I just did some quick math.

    The population went up 765,000 between March and July.

    Yet total employment went up only 610,000 between March and July.

    On what planet does 610,000 'keep up' with 765,000?

    That means there are 155,000 more people in the civilian noninstitutional population that are not employed now then there were in March.


    So I was correct, the numbers of new 'jobs' did not keep up with the population growth...thanks for wasting my time.


    Good day.


    Note to self...do not automatically assume pinqy is right about BLS stuff.
    And yes, I know that percentage-wise the job growth kept up with the population.

    But I did not say that...I said kept up with as in literally by the numbers, which it didn't...so I was right.


    And I don't care that the BLS measures it in percentages. Until the U-6 comes down drastically, America needs reductions in monthly underemployed...literally (not just percentage-wise) IMO.


    We are done here pinqy, for now.

    Good day.

  2. #62
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 07:50 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by DA60 View Post
    I couldn't care less how the economy did from a year ago (unless it points to a recent trend)...and neither would most respected economists, IMO. Wall Street does not think 'Gee these numbers are not good...but that does not matter, they were good 9-12 months ago'. Of course not...they go on the latest numbers and on recent trends.
    If you make it a point to appeal to authority, twice i might add, it might be helpful to source what respected economists and those on Wall Street are saying. Just to save you time, links to the pseudonym Tyler Durden only serve to diminish what little credibility you have on the subject.

    And the latest numbers and trends are not good.
    You are completely full of ****.

    Since March, only 610,000 total jobs (full and part time) have been created - or only 152,500 per month...which I am quite sure you know is not even enough to keep up with the population growth. And that is despite the supposed (as Conservative pointed out) 4% GDP rise from April-June.
    Why the sudden need to use current population data in a thread that clearly cites (the thread title should be your first clue) establishment data? Continued bias to the downside (when there really isn't) of course! Since March, more than 1 million jobs have been created, of which 974,000 by way of the private sector.

    Secondly, it would be better for everyone if you were simply better informed with respect to the bold.

    That is a negative trend.
    As stated already, you are full of ****.

    Well the two facts don't really add up this month. The BLS household data says only 131,000 jobs were created and yet says that 337,000 full and part time jobs were created...so something does not add up (though last month the two did add up).
    Translation: The data doesn't say what i want it to say so i will both ignore it and create a false dilemma for which i lack the ability to explain the discrepancy.

    But even if we assume both numbers are somehow accurate...
    It could very well be a big conspiracy

    I am not sure how all this adds up to anything but a bad (though not horrible) month to you...must be your apparent political partisanship.
    Every month is bad (if not horrible) to you and your sympathizers. One needs to only look at your post history for confirmation. You are bias and you are a hypocrite.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  3. #63
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 07:50 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by Conservative View Post
    Maybe if you get someone to help you read the charts I posted you will understand that I did address every point you made.
    Maybe you should get someone to help explain to you why the charts you posted are a total red herring?.?.?.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #64
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 07:50 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by Conservative View Post
    It is hard to explain the concept to people like you who have such low economic standards and understanding of incentive including even your own. It really is hard making you and others understand the value of promoting a pro growth economic policy in a country built on the private sector. Govt. spending will only go so far and last so long. How good Americans can support this incompetence and low economic results is beyond comprehension.

    The American leadership is under attack with Obama and it is American leadership that is missing in this so called world economy. You and others want to focus on big business but it is the small local businesses suffering and holding the economy and job creation back.
    Your post sums the discrepancy quite well: Your only motivation for posting here is to discredit the current administration every chance you get, which is every post.... and you are not even good at it!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #65
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 12:10 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by Kushinator View Post
    Maybe you should get someone to help explain to you why the charts you posted are a total red herring?.?.?.
    The charts show real job creation not the poor job creation we have today. Reagan inherited a worse recession compounded by a high misery index and through his leadership and private sector economic policies created 17 million jobs but you cannot seem to understand that. Seems that you are nothing more than a big govt. liberal who believes govt. spending in a private sector economy is the answer. All that govt. spending does is create more dependence, destroys incentive, and creates stagnant economic growth.

    Unlike you I don't buy rhetoric, only results. You pick and choose which economists you want to believe, all promoting govt. spending. The question is why?

  6. #66
    Advisor
    Join Date
    Jul 2013
    Last Seen
    @
    Gender
    Lean
    Slightly Liberal
    Posts
    384

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    You know how far we've come along since tbe Great Recession when an over 200,000 gain in jobs is considered bad. 1.4 million jobs added to the economy in the last six months.

    Or is the partisan noise really that die-hard?

  7. #67
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 07:50 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by Conservative View Post
    The charts show real job creation not the poor job creation we have today.
    And a completely different demographic makeup surrounding both the U.S. and Global economy.

    Reagan
    Is dead.

    inherited a worse recession
    Only in the minds of those with a political ax to grind.

    You pick and choose which economists you want to believe, all promoting govt. spending. The question is why?
    Increased government spending in the instance of severe labor market slack is necessary to ensure a sustainable recovery. This is no different in any time since Keynes laid the groundwork for modern macroeconomic thought.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #68
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 07:50 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by ToastyOats View Post
    You know how far we've come along since tbe Great Recession when an over 200,000 gain in jobs is considered bad. 1.4 million jobs added to the economy in the last six months.

    Or is the partisan noise really that die-hard?
    They are getting desperate now.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  9. #69
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 12:10 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by ToastyOats View Post
    You know how far we've come along since tbe Great Recession when an over 200,000 gain in jobs is considered bad. 1.4 million jobs added to the economy in the last six months.

    Or is the partisan noise really that die-hard?
    We know how far we have come, 7 trillion added to the debt, low job creation, and stagnant economic growth when you consider the economy grew at 4% projected last quarter. Where is the disconnect? The chart will show you real job creation following the 81-82 recession and why Reagan won 49 of 50 states rather than Obama who lost 4 million votes. It does appear that neither you or Obama understand the private sector economy that we have

  10. #70
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 12:10 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: U.S. economy adds 209,000 jobs, unemployment rate rises to 6.2%

    Quote Originally Posted by Kushinator View Post
    And a completely different demographic makeup surrounding both the U.S. and Global economy.



    Is dead.



    Only in the minds of those with a political ax to grind.



    Increased government spending in the instance of severe labor market slack is necessary to ensure a sustainable recovery. This is no different in any time since Keynes laid the groundwork for modern macroeconomic thought.
    Reagan is indeed dead but his economic principles of pro growth and individual wealth creation live on in the minds of anyone who understands the private sector and personal responsibility.

    Govt. stimulus of 844 billion didn't do the job and all govt. stimulus in a private sector economy has to promote incentive and Obama doesn't understand that, nor do you

Page 7 of 8 FirstFirst ... 5678 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •