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Re: Wall Street celebrates historic rate hike
you need better sources than motherjones, dailykos and huffpo.
take a look at the U6 number. while it has gone down it is still very high.
the U5 is probably a bit better picture than the U3.
those numbers gives way better view of the state of the job market than the distorted u3 number.
no they haven't. even the last BLS report was viewed as kind of negative.
The post to which you responded is true: this is AM radio noise because the right has pretty much run out of arguments on the economy. Its very good. Not that we might not be heading toward another bubble, but the core indicators are solid. Anyone that wants a job can have one. We are at full employment (3 to 5% unemployment is generally considered full employment)
I sure hope you are not one of the one's that is clinging to this Not in Labor Force beginning comprised substantially of discouraged workers (as some AM radio talkers would have their idiot listeners believe). If you think that, you best learn what this number really means (the BLS will tell you.)
A-38. Persons not in the labor force by desire and availability for work, age, and sex
Its time for conservatives to give up on the issue that the economy has not recovered. They have lost that argument. Hanging on to the Not In Labor Force number suggesting it is evidence of weakness just shows ignorance and gullibility.
you need better sources than motherjones, dailykos and huffpo.
take a look at the U6 number. while it has gone down it is still very high.
the U5 is probably a bit better picture than the U3.
those numbers gives way better view of the state of the job market than the distorted u3 number.
no they haven't. even the last BLS report was viewed as kind of negative.