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Thread: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

  1. #241
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by imagep View Post
    No I didn't. Look back on my actual worlds.



    I never made that claim. I said that we have a higher percentage of people who are retired than ever before. I never claimed that everyone age 60+ is retired, or that their younger siblings are all retired.
    This is your exact quote:

    "There were more babies born in 1946 than in any other year up until that time "

    I'm not trying to hold you to only that year, and no other years had more. My older brother was born in '47. That makes him 67. I have two other sisters who are younger than him. The point is, there are more baby boomers who are not eligible for retirement, or haven't retired, than there are those who are. Census data shows this is true. Add in the census data that is showing baby boomers are working longer, and it brings into question the methodology used to calculate the labor participation rate.

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Good thing those in power are able to inform us of how well we are doing, especially before an election, otherwise, we wouldn't have anyway of knowing that.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

  3. #243
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by DA60 View Post
    You certainly have the right to your opinion.

    But I do not call a jobs report where 82,000 less Americans ages 20-54 were employed in September AND the average wage per hour dropped (by a penny) a 'slow come back'.

    Table A-9. Selected employment indicators

    Employment Situation Summary Table B. Establishment data, seasonally adjusted

    I call that a slow backtrack.


    Btw, I am neither dem or rep.
    Yeah ok...I am only going by what I see around me these days...Whenever these stats get reported, the argument is predictable...the Obamabots will say he's the greatest since sliced bread, and it was all Bush's fault in the first place, and the conservatives will say that Obama is hiding, and twisting numbers to lie to the public, then you'll have about a hundred pages of stat after stat being posted until my eyes are bleeding and I just need a drink....When I see someone in a position of leadership start pushing lower taxes, and see real welfare reform so that half the damn country isn't collecting it in one form or another, then I'll say it's getting better. Til then this is election year bull ****.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  4. #244
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by NIMBY View Post
    Yet you can give zero links to more to the story can you--along with proving how anemic +248,000 is, compared to Bush's disastrous 6 months of averaging -740,000.
    All you can do is just say Obama is only highlighting the good news--which that many jobs is certainly good news.
    Only Democratic Presidents have done what you accuse BTW.


    Obama's policies are to blame for these new jobs--and the come back is anything but slow--and I am informed compared to what you admit.
    And all of your uninformed opinions as you call them are anti-Obama--try the Wall Street Journal--Bible of the conservo-rightists.

    You freely admit that Repubs couldn't do any better, any better with a problem they caused BTW.
    You then rant off to Democratic socialism--as a worthless ending to what you have presented .
    Wow, you really are a nasty person aren't you? Look, the only thing you show here NIMBY is that anything other than full fealty to "the One" will satisfy you...I simply don't trust the numbers in an election cycle...You don't like it? eh big deal.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  5. #245
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by lifeisshort View Post
    The unemployment levels are meaningless when the participation rate is at a 30 year low.
    Nonsense. The U-3 rate is still an useful barometer of labor market health. It's a measurement of the ability of those who want and need to work to actually gain employment. It's every bit as relevant as when the LFPR reached it's peak in the late 90's or when it was significantly lower following WWII.

  6. #246
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Anthony60 View Post
    Good thing those in power are able to inform us of how well we are doing, especially before an election, otherwise, we wouldn't have anyway of knowing that.
    As if the Bureau of Labor Statistics is "in power." In your defense, the notion that the current administration is somehow in control of the figures is a really popular rallying call on this forum. It's on you to take the initiative and become better informed though.

  7. #247
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by a351 View Post
    As if the Bureau of Labor Statistics is "in power." In your defense, the notion that the current administration is somehow in control of the figures is a really popular rallying call on this forum. It's on you to take the initiative and become better informed though.
    The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. The United States Department of Labor (DOL) is a cabinet-level department of the U.S. federal government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics; many U.S. states also have such departments. The department is headed by the U.S. Secretary of Labor.

    Thomas Perez is the current U.S. Secretary of Labor. He took office after being confirmed by the U.S. Senate on July 18, 2013.

    Perez's nomination was criticized by Senators Chuck Grassley (R-IA) and Pat Roberts (R-KS),[115] as well as the The Wall Street Journal editorial board,[116] for his decision not to intervene in a whistleblower case against Saint Paul, Minnesota in return for the city dropping a case before the Supreme Court (Magner v. Gallagher), which could have undermined the disparate impact theory of discrimination.[117] His nomination was also opposed by Senator Jeff Sessions (R-AL) for his views on immigration and his association with Casa de Maryland, calling the nomination "an unfortunate and needlessly divisive nomination".[118][119]

    Wikipedia, the free encyclopedia

    Yeah, nothing possibly divisive to see there.....
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  8. #248
    Villiage Idiot
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by dogtowner View Post
    As our population grows, it's perfectly natural that fewer people are in the workforce.

    Let's say that this year one family exists, and there are two parents who both work and a 17 year old high school student who doesn't work and 83 year old granny. Thats a total of 2 people not in the labor force.

    Next year two families exists, and there are now four parents who work, two teenagers who don't, and two elderly people - so that's now 4 people not in the workforce.

    Any surprises?
    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.

  9. #249
    Villiage Idiot
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by pinqy View Post
    BLS says 9.3 million unemployed, and another 6.3 million who say they want a job but are not looking for work.
    Shadowstats says 34.5 million...over twice the number of people who want a job.
    And they do not explain where they get their numbers from, or how they conduct their polls. At least the US government explains it's procedure and the information collected is available to the public.
    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. #250
    Villiage Idiot
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by cholla View Post
    Where do you get the information that they don't call employers?

    Suspect all you want, it doesn't change anything.
    You can look it up on the BLS website.

    http://www.bls.gov/cps/cps_htgm.htm

    Not everything you hear at the tea party rallies or at the barber shop is true. Sometimes you need to verify your information prior to posting inaccurate data. DP is a little tougher than convincing your facebook friends of your lies.
    Last edited by imagep; 10-04-14 at 11:17 AM.
    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.

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