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Thread: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Tettsuo View Post
    People with a disease called Obama-hate-itis.
    It has nothing to do with hate. I don't hate Obama. You're asking for people to give him credit for the unemployment rate. I asked you why. What specifically has Obama done to bring the unemployment rate to where it is today? What specific policy did he implement since January of 2009 that resulted in this number?
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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]


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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by tres borrachos View Post
    Who in this country would think that unemployment dropping is bad news?
    it depends on why unemployment is dropping. if it is dropping because of a massive leave of people from the work force it isn't a good thing.
    if you read the actual numbers this is still a pretty crummy jobs report.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Tettsuo View Post
    There seems to be a pattern forming here. But of course, the naysayers are going to deride this good news as well.

    U.S. Unemployment Falls to Lowest Level Since May 2008 - Bloomberg Business

    [/FONT][/COLOR]
    Can someone in the right please concede that Obama is, and has been, GOOD for the economy?
    Americans Not In The Labor Force Rise To Record 93,194,000
    http://www.zerohedge.com/news/2015-0...ecord-93194000

    Good for all but 94 million Americans it seems.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by MrVicchio View Post
    http://www.zerohedge.com/news/2015-0...ecord-93194000

    Good for all but 94 million Americans it seems.
    Why would it be bad for them? Total Not in the Labor Force: 93,194,000 (up 19,000)
    Those not in the Labor Force who want a job now: 6,258,000 (DOWN 111,000)
    In other words, Not in the Labor Force went up because 130,000 more people do not want jobs now.
    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.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by MrVicchio View Post
    http://www.zerohedge.com/news/2015-0...ecord-93194000

    Good for all but 94 million Americans it seems.
    W

    Actually, its quite good for the 94 million Americans that are retired, stay at home moms, students and disabled.... the healthy workforce continues to provide the economic prosperity to allow these persons to not have to work, as clearly they do not want to....

    I do hope you are not cursed with the ignorance that too many have that the "Not in Labor Force" number is somehow a bad thing ythat changes in that number are indicative of economic health. It seems too many people like to use this statistic without having a clue what it is...

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by DA60 View Post
    The U-3 (the official 'unemployment rate') means almost nothing, imo.

    You do realize that the U-3 could theoretically be almost zero even though NO ONE is employed?
    Why do you just make up **** like that? It is not mathematically possible. But go ahead.... make up some numbers and show us your equation. If no one was employed, the UE rate would be 100% Good Lord!, you don't even know how percentages work!!!

    Yes, I know, you'll do the math, realize you're wrong, but won't be able to admit it and just insult me.
    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.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Tettsuo View Post
    There seems to be a pattern forming here. But of course, the naysayers are going to deride this good news as well.

    U.S. Unemployment Falls to Lowest Level Since May 2008 - Bloomberg Business

    [/FONT][/COLOR]
    Can someone in the right please concede that Obama is, and has been, GOOD for the economy?
    Just as soon as you can show us what policies he put in place that responsible for this....

    IMO, when the market sees a more conservative gov't coming, it expands, when it sees a more liberal gov't coming, it contracts. I think that this is a sign that the market is anticipating a conservative Pres. or a more conservative Congress. But that's just a theory that I'm still watching for more evidence to support.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by pinqy View Post
    Why do you just make up **** like that? It is not mathematically possible. But go ahead.... make up some numbers and show us your equation. If no one was employed, the UE rate would be 100% Good Lord!, you don't even know how percentages work!!!

    Yes, I know, you'll do the math, realize you're wrong, but won't be able to admit it and just insult me.
    Correction

    First he'll shout "KEYNES!!!!" and then he will insult you.
    -----MOS 19D = cavalry scout = best damn MOS there is

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Tettsuo View Post
    People with a disease called Obama-hate-itis.
    and the typical liberal card.

    it has nothing to do with Obama except for the crappy job reports that continue to come out since he has been president.
    if you look past the headline and actually read the report it is pretty crappy.

    who care about 200k part time employed people. people want full time jobs.
    ol yea companies run into major financial costs by employing full time people now thanks to Obama.

    with all the constant minimum wage hikes going on around the country younger people are being cut out of jobs.
    people that are 55 and older still have issues finding work as there is someone else to do it cheaper.

    The number of persons unemployed for less than 5 weeks increased by 241,000
    to 2.7 million in April. The number of long-term unemployed (those
    jobless for 27 weeks or more) changed little at 2.5 million, accounting
    for 29.0 percent of the unemployed.

    In April, 2.1 million persons were marginally attached to the labor
    force, little changed over the year. (The data are not seasonally
    adjusted.) These individuals were not in the labor force, wanted and
    were available for work, and had looked for a job sometime in the prior
    12 months. They were not counted as unemployed because they had not
    searched for work in the 4 weeks preceding the survey.

    this isn't anything to get excited about. the U3 number is a joke of a measure and everyone knows it.

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