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Thread: US unemployment rate reaches 7.6%

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    Re: US unemployment rate reaches 7.6%

    Moderator's Warning:
    US unemployment rate reaches 7.6%Stop the derailments. Either debate civily or be removed.

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    Where is that to be found?
    Oops, sorry about that.

    US Department of Labor

    While more accurate than U3, is still not the most accurate number, which is probably somewhere between U3 and U6.
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Goobieman View Post
    Please -- at least TRY to read what I said.

    If you were "just reporting the news" your OP would have ended with the link to the story. That you contined on with your blather -after- posting the link to the story indicates quite clearly that you were NOT "just reporting the news".

    Now, continue to tell us how badly the US sucks and how much better the EU is -- we KNOW you want to.
    No, it was just an analyzed of the situation, because such is interesting!!! Hello!!!

    Perhaps you should start analyzing instead of just screaming anti-American every time reality hits you..
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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by danarhea View Post
    Oops, sorry about that.

    US Department of Labor

    While more accurate than U3, is still not the most accurate number, which is probably somewhere between U3 and U6.
    I think the unemployment rate is a good indication that times are really bad right now, more so than GDP numbers. After all, jobs are more important than effectiveness.

    I think the tendency is horrific, actually dreadful to think of.
    I blame the last administration for parts of this, they could have prevented the dramatic decline, and not wasted money on useless things and further put the US into debt like they did.


    Those numbers are interesting nonetheless. They tell me that "temporary workers" are the ones getting shed first and that the short term trend is not as dramatic as the long term trend. If the US economy recovers very soon, then the most permanent and stable jobs or core jobs at least havent been lost, thats a good thing.
    Last edited by Maximus Zeebra; 02-09-09 at 05:45 PM.
    Europe is illegally occupied by the US

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Goobieman View Post
    Sing it with me!!!
    US Sucks!
    EU Rocks!
    US Sucks!
    EU Rocks
    What an intelligent conversation..
    There must be nothing but children here !

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by earthworm View Post
    What an intelligent conversation..
    There must be nothing but children here !

    Agree. It was a good thread until someone who accused someone else of trolling started trolling.
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    Re: US unemployment rate reaches 7.6%

    I'm actually going to defend M_Z here (gulp). He has a definitive anti-US mantra that he follows and we all know exists. Arguing against this would be a wate of time. But I see nothing in his OP that slams the US at all. He simply reports that the unemployment rate has fallen and that he predicted this. I think Goobieman is being a little harsh on him in this instance. In many of M_Z's other posts, Goobieman would be dead on as even I have pointed out M_Z's anti-US mannerisms. But I think it wnt too far this time, but not on M_Z's behalf.

    The key is as to how we (the US) are going to get out of this period of time and recover. It's a global economy now and when one is affected on the scale the US is presently, the others are going to be affected as well. In this case, the US probably hurts the rest of the world more than the EU could ever do to the US. We (the US) are such a force in manufacturing, financial ties and we sell a lot of products. Having said that, the stimulus package, err I mean dem pet project package is going to make our recovery far more difficult in the long run than if no package was passed at all. We are funding and creating programs that will need to be funded for years and years to come. How anyone can say that many of these programs are going to encourage growth is beyond me. We are headed towards being a socialist nation with the passage of this bill in the coming days. Socialism isn't what the US needs nor wants, but we're headed there anyway and Obama is going to drag us there kicking and screaming - well some of us anyway.
    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by danarhea View Post
    Oops, sorry about that.

    US Department of Labor

    While more accurate than U3, is still not the most accurate number, which is probably somewhere between U3 and U6.
    Dano..., just amazeing. I can`t get this much info out of a news paper, and if I try to express that I think its worse than the numbers reported, by the mainstream media, the ultra-right will open fire on me. The numbers reported by the US dept. of labor , I think, still do not account fully for the true state of the US labor market. Case in point,[Evening news story Ch 2 Nashville]," There has been a 70% increase in home reposesions.... A bleeding heart conservative in here, I shall not name, will explain that its,"simply lazy people...". This is one of those numbers that tell a more telling story.
    Last edited by Rodney; 02-09-09 at 08:43 PM.

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Maximus Zeebra View Post
    I think the unemployment rate is a good indication that times are really bad right now, more so than GDP numbers. After all, jobs are more important than effectiveness.

    I think the tendency is horrific, actually dreadful to think of.
    I blame the last administration for parts of this, they could have prevented the dramatic decline, and not wasted money on useless things and further put the US into debt like they did.


    Those numbers are interesting nonetheless. They tell me that "temporary workers" are the ones getting shed first and that the short term trend is not as dramatic as the long term trend. If the US economy recovers very soon, then the most permanent and stable jobs or core jobs at least havent been lost, thats a good thing.
    Just hitting the ,"thanks button", won`t suffice here. I never thought I`d agree with you and furthermore appriciate your contribution in a post , but the day has come... The US is ,"well done...", thanks for not sticking a fork in to confirm that our blood is cooked dry. That said, the right wing extremests will start feeding on me very shortly, for my remarks.
    Last edited by Rodney; 02-09-09 at 08:33 PM.

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    Re: US unemployment rate reaches 7.6%

    Quote Originally Posted by Rodney View Post
    Dano..., just amazeing. I can`t get this much info out of a news paper, and if I try to express that I think its worse than the numbers reported, by the mainstream media, the ultra-right will open fire on me. The numbers reported by the US dept. of labor , I think, still do not account fully for the true state of the US labor market.
    Actually, they do, but you have to look at the hard data instead of listening to the media whores. But even the hard data is misleading if you only look at one number without looking at the rest. >13% unemployment looks bad, but that's U6. U1 looks extremely rosy. You can't just pluck one number out of the figures and say that is what our unemployment is. In addition, you might want to look at regions too. Houston is not sitting bad at all, but Detroit is seeing close to Great Depression numbers. If I lived in Detroit and wanted a job, I would move to Houston.
    The ghost of Jack Kevorkian for President's Physician: 2016

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