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Thread: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

  1. #21
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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Quote Originally Posted by megaprogman View Post
    Does anyone have the U6?
    The word is it decreased as well, to 16.5%.... although i have no official source.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Quote Originally Posted by danarhea View Post
    Yea, we have seen this kind of math before. Obama must have loved this fuzzy math, because I don't see him ordering it changed. It's all about the politics, not about what's good for America.
    And as usual, the report will be amended next week to reflect the real numbers..... and be buried on page D-26.
    There is no such thing as a “Natural Born Dual-Citizen“.

    Originally Posted by PogueMoran
    I didnt have to read the article to tell you that you cant read.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Damn, that pile of **** Cheney/Bush left behind really screwed us.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Quote Originally Posted by NoJingoLingo View Post
    Damn, that pile of **** Cheney/Bush left behind really screwed us.
    And that pile of **** in the White House isn't even buying us dinner first.
    There is no such thing as a “Natural Born Dual-Citizen“.

    Originally Posted by PogueMoran
    I didnt have to read the article to tell you that you cant read.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Yet yesterday we had this.

    Jobless claims rise to 480,000 in latest week - Feb. 4, 2010


    The number of Americans filing for initial unemployment insurance rose last week, the government said Thursday.

    There were 480,000 initial jobless claims filed in the week ended Jan. 30, the Labor Department said in a weekly report. This is the highest level since Dec. 12 and up 8,000 from an upwardly revised 472,000 the previous week.


    Economists were expecting claims to drop to 455,000, according to a consensus estimate from Briefing.com.

    The 4-week moving average of initial claims was 468,750, up 11,750 from the previous week's revised average of 457,000.



    The drop in percent unemployed is due to those who have given up looking for a Job.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    No one can state anything with confidence on a subject like this.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Messed up how the unemployment rate goes down even though the jobless keep growing.
    "The problem in defense is how far you can go without destroying from within what you are trying to defend from without."

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    A Very Revealing Chart



    The red bars are the accelerating rate of job loss during President Bush's last year in office; the blue bars are the decelerating rate of job loss during President Obama's first year of office.

    The chart was put together by the House Democratic leadership. Click the graph to see the full image.

    --Josh Marshall

    A Very Revealing Chart | Talking Points Memo


    That is a striking chart.
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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    Quote Originally Posted by Strucky View Post
    Messed up how the unemployment rate goes down even though the jobless keep growing.
    People who do not collect unemployment. I have not worked since last march but have not collected unemployment so I am not part of the unemployment stats.

    People that are no longer collect are not part of the stats.

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    Re: Economy Sheds 20,000 Jobs But Rate Drops to 9.7 Percent

    and this wasn't even put out by the rnc:

    The United States Unemployment Rate

    2008-01 4.90 Bush, G.W.
    2008-02 4.80
    2008-03 5.10
    2008-04 5.00
    2008-05 5.50
    2008-06 5.50
    2008-07 5.70
    2008-08 6.10
    2008-09 6.10
    2008-10 6.50
    2008-11 6.70
    2008-12 7.20
    2009-01 7.60 Obama
    2009-02 8.10
    2009-03 8.50
    2009-04 8.90
    2009-05 9.40
    2009-06 9.50
    2009-07 9.40
    2009-08 9.70
    2009-09 9.80
    2009-10 10.20
    2009-11 10.00
    2009-12 10.00
    2010-01 9.70

    when the number of americans working decreases simultaneous with a .3% decline in the unemployment rate, it only means one thing---SIX POINT THREE MILLION AMERICANS OUT OF WORK MORE THAN SIX MONTHS

    a horrendous all time hi

    and, yes, absolutely, THAT's the way msnbc, fox and pbs are covering this story

    does body language at the white house appear happy to you?

    over their 9.7? last week's 5.7?

    if not, why not?

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