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Thread: Current U-6 Unemployment Rate is 11.3%

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    I don't give a **** what fudged numbers you spew - I see reality and reality trumps your fudged numbers... When I see closed stores left and right and mini-malls that are only 20% capacity with the only stores being corporate stores and all the small mom and pop stores gone - yea that is reality - your numbers are useless to me.
    You said U-6 was growing exponentially and he just showed you what the U-6 numbers are.

    Statistics might be useless to someone like you, but your personal observations and anecdotes are useless to everybody.

    "My opinion trumps your data." Something only a conservative would say.
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Deuce View Post
    You said U-6 was growing exponentially and he just showed you what the U-6 numbers are.

    Statistics might be useless to someone like you, but your personal observations and anecdotes are useless to everybody.
    They're not growing they're expanding... A balloon can stretch right? inflate it with air it expands - get it?

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    Turnover? these stores have been abandoned for 6-8 years - its NOTHING.... Maybe a Petco or a Target but the other 20-30 storefronts are gone... I don't live in bummble**** Alabama either I live in urban Illinois between Chicago, Kenosha and Milwaukee.... these numbers do not commute to reality - they don't compute to their own equations... I wasn't alive during the great depression and I was a baby when Carter had his stupidity and Clinton was ok - only because he promoted credit - and now as an adult I have to see this ****? For someone who is educated and has to see this it is quite sad.... It's a ****ing ghost town - everyone is shutting their doors and I live in an urban area - the only damn thing that is surviving right now is fast food. I'll post pics of this "ghost town" mini-mall later and numerous other ones I know of.
    There's no need. I live near the Andersonville neighborhood in Chicago. Last weekend I walked up there and counted the number of vacant stores and recent "out of business" companies. It's like 40+ from Montrose to Bryn Mawr.

    But that's normal.

    Icosium Kafé close because no one went to it. The same reason for T's Bar and that tapas restaurant. Toyko Marina closed because the owner retired. That's probably going to be the same for Women & Children First. Something like 4 of the knock-off fashion stores north of Montrose closed, because there's 20 of them there and they cannibalize each other. The Lawrence to Ainsle stretch smothers businesses one after another, probably because of the graveyard on the east side of the street. Pie Hole closed because it was insanely expensive for awful pizza across from Ranalli's. The Vitamin place closed. Sabrina closed. And on and on and on.

    That's the normal pace of business. Those stores are apart of the 80% of small businesses that fail within the first 10 years. They're going to be replaced with more businesses, and 80% of them are going to fail. That's just how it works.
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Dibbler View Post
    Current U-6 Unemployment Rate is 11.3%
    Which is low for the U-6 rate. It hit almost 18% during the Bush recession for example. Keep in mind, many people counted in the U-6 rate are employed, they just are working part time and would rather work full time.

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    I don't give a **** what fudged numbers you spew - I see reality and reality trumps your fudged numbers... When I see closed stores left and right and mini-malls that are only 20% capacity with the only stores being corporate stores and all the small mom and pop stores gone - yea that is reality - your numbers are useless to me.
    Sounds like you need to move to a more prosperous area. Here in the Kansas City area we have construction everywhere. That is why it is silly to try to judge the macro economics of the nation simply be looking at your neighborhood. If you live in Detroit you would think we are in the middle of a major economic depression, if you lived in Houston you would think the economy was is overdrive. Thus we have actual statistics - the ones that your are dismissing out of hand.
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    Re: Current U-6 Unemployment Rate is 11.3%

    I don't really see why the unemployment rate is relevant.

    It's not...

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    They're not growing they're expanding... A balloon can stretch right? inflate it with air it expands - get it?
    U-6 numbers got smaller. I don't know how simpler I can make this for you.
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    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Deuce View Post
    U-6 numbers got smaller. I don't know how simpler I can make this for you.
    You're using statistics again which are about as useless as wheels on a boat.

    I don't think you get it.

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    Re: Current U-6 Unemployment Rate is 11.3%

    The U-6...that dirty little secret that Obama, the Democrats and their apologists don't want you to think about.
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    Re: Current U-6 Unemployment Rate is 11.3%

    Quote Originally Posted by Mr.Nick View Post
    What a crock - it's growing exponentially- especially kids coming to working age that cant find a job, and even those who take any job they can for cash under the table..

    This is the worst US economic disaster I have experienced or ever read about...

    But yeah keep on defending these clowns in government that think they know whats best for everyone.
    Actually, it's down to 11.3, from the peak of 17.8 the last few months of 2008.
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