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Thread: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

  1. #111
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by OrphanSlug View Post
    Obama does not get to claim all credit for the good parts, then turn around and ignore the underline numbers.
    Who is doing that?
    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.

  2. #112
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Fearandloathing View Post
    In eight years with world economies ahead of the US, it is only a matter of physics that sooner or later even Obama's economy will start upward...

    Under different circumstances the US would have led the 'recovery'
    We are currently in one of the longer economic upswings in history. It's not like the numbers just started improving last month.
    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.

  3. #113
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by ludin View Post
    because when you get into the details there wasn't a white cloud to begin with.
    I totally understand. It would be better for your party if unemployment would have gone up, or if we had lost jobs instead of gaining jobs.
    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.

  4. #114
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by DA60 View Post
    But why are they doing those things? Because they want to? Or because they have no choice as they cannot find work?...
    Since they aren't looking for a job, then apparently they don't really need a job. Obviously, while many of them claim that they would like a job, finding one isn't worth any effort on their part. I find it hard to be sympathetic to people who can't seem to find the time or energy to look for a job. Anyhow, how do they know that they can't find a job if they aren't looking for one?
    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.

  5. #115
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by ludin View Post
    I look at both of them as well.

    U6 Unemployment Rate | Portal Seven

    here is a great graph.
    you can see where the recessions hit.

    however still under bush the U6 number stayed in the 8-10 range.
    for Obama it has been falling but it is still in the 10-12% range.

    you can see it falling which means more people are working. maybe U6 isn't as good as it does include part-time workers that work for economic reasons only.
    U5 would be a good source as well.

    I think between U5 and U6 you can get a good picture of what the economy is actually doing.
    U3 is great if you only want to look at the active work force.
    it is crap when it drops simply because people leave the work force.

    more so when more people leave than get hired.
    The U-6 was over 9% for more than half the time that Bush was in office and had hit 12% by the time he left office. It was also over 9% for most of the time that Clinton was in office.
    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.

  6. #116
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Samhain View Post
    Rates will start climbing this summer. Been tired of gaining .99% on my savings, and I doubt I will see the 8% I had when I was a kid, but I would settle for 3-4%.
    Why do you think you should earn anything without doing something of value? It's rediculous to think that you can just save your money in a savings account or in low risk bonds and make a profit over the inflation rate, you should just be thankful that you got 0.99% last year because inflation was only 0.7%. Expecting to get something for doing nothing is the entitlement mentality, and people who have such expectations are just as bad as welfare slackers.

    Long term historically, people never made a profit on low risk savings. Back in the olden days, when people tried to "save" their production, it rotted or was eaten by vermin and thus it lost value over time. Consider yourself fortunate that we live in the day when you can trade your production for the US dollar and put that dollar in a nearly risk free savings account and not lose your savings.

    If you expect higher yields, then you should try INVESTING instead of just savings. Our economy doesn't really need your savings, it's pointless and has no value. The fed can produce unlimited amounts of money out of thin air. What we do need are entrapanures and wise investors - people who will put money to work, instead of sitting in their easy chair expecting their money just to magically grow without risk or personal effort.
    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.

  7. #117
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by DA60 View Post
    You cannot look for a job forever without doing something else. Eventually, you have to move on...
    If I was hungry, I would look until I found one. Maybe some of those slackers should get some JOB skills - if they REALLY want to work.
    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. #118
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by Taylor View Post
    Perhaps it would help if you posted the official methodology where the bls counts all the created, unfilled jobs and inserts that into our employment statistics.
    I am sure that you have quite an awesome point.
    I may be wrong.

  9. #119
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    Quote Originally Posted by washunut View Post
    And yet you said in post #62 she was included in LPFR, which is it???
    Bill Gates and my granny are both included in the LFPR. Everyone is who isn't institutionalized and who is 16 or over. They are included as being in the portion of the potential labor force who aren't participating or trying to participate (seeking a job).
    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. #120
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    Re: Payrolls Climb More Than Forecast, U.S. Jobless Rate at 5.5%

    The thing I noticed today that I found heartening is that the ratio of seekers to openings has returned to nearly 1:1.

    In recent years the number grew to more than 5:1
    When there're 5 seekers for every opening, even people who're earnestly seeking employment are likely to have a hard time and take a while to find employment.
    I may be wrong.

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