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Thread: Current U-6 Unemployment Rate is 11.3%

  1. #121
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by ObamacareFail View Post
    It's quickly approaching a third of all Americans. Never been that high in my lifetime until Barack "Hussein" Obola came along.
    The Cons seem to love to throw this number around as if its some type of evil indictment on the economy. Once you understand the number, however, their argument falls flat.

    97% of the NIWF number are people that should not be in the work in force (retired, students, disabled and stay-at-home moms)... to a great extent, the larger number is indicative of a healthy economy.

    Unless, of course, you are telling us that grandma should get off her duff and get waitress job....

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    No ****, its called apprehension - do you actually believe for a second people didn't see the collapse coming YEARS in advance?

    Clinton's CRA is what started everything and republicans were dumb enough to trade the CRA for DOMA...

    This **** started when credit and mortgages became a "right."
    You just can't make up that kind of comedy gold.

  3. #123
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by ObamacareFail View Post
    Not as a percentage.

  4. #124
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by pinqy View Post
    What about it? Surely you don't think everyone should be in the Labor Force?
    Ofcourse not...but at the same time, I don't buy into the phony claims that the employment picture today is good.

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by ObamacareFail View Post
    Ofcourse not...but at the same time, I don't buy into the phony claims that the employment picture today is good.
    Not many do that I've seen. It's BETTER than it was, but U-6 is what it is, and that's still a very high number. Even U-3 doesn't indicate anything other than a poor overall jobs market that is slowly getting better. No need to question the numbers to come to those conclusions.

  6. #126
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by JasperL View Post
    Not many do that I've seen. It's BETTER than it was, but U-6 is what it is, and that's still a very high number. Even U-3 doesn't indicate anything other than a poor overall jobs market that is slowly getting better. No need to question the numbers to come to those conclusions.
    Anyway you look at it...it is not a bright spot for Obama.

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by JasperL View Post
    Interesting to note that the participation rate tends to uptick in recession (stay at home moms back to work; less retirements)... again, indicating that the NIWF number growing actually has a healthy aspect to it.

  8. #128
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    Yeah, empty mini-malls are "anecdotal"
    Yes, they are! Congratulations, you figured out what anecdotal means ...

    Quote Originally Posted by Mr.Nick View Post
    and the shrinking of our economy is "anecdotal."
    ... or maybe you didn't.

    Quote Originally Posted by Mr.Nick View Post
    Of course CBO and other government numbers trump reality right?
    Sorry, Nick, but your observations when you look out your window are NOT empirical data.
    Freedom of speech is not freedom from criticism.

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Kobie View Post
    Yes, they are! Congratulations, you figured out what anecdotal means ...



    ... or maybe you didn't.



    Sorry, Nick, but your observations when you look out your window are NOT empirical data.
    You're so full of hot air I'm shocked you don't float away into the stratosphere.

  10. #130
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by pinqy View Post
    Yours was incomplete. Part time for economic reasons also includes those who have a full time job, but whose hours were cut.
    It wasn't incomplete. I said economic reasons, and cut hours are included in that...you even admitted so yourself.
    "Give me your tired, your poor, your huddled masses yearning to breathe free."
    "When we live authentically we create an opportunity for others to walk out of their dark prisons of pretend into freedom."

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