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US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

Grim17 said:
The stats are generated by a BLS java applet and it appears it can't be directly linked to. Go to the BLS site and I believe the applet is under "tools"
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You can directly link to a bls report: LNS12000000

If you look at the graph you'll see that then trend is up and took a slight dip in August.
But you are correct there where less people employed in August than there were in July, however this is not the first time this has happened.

Bureau of Labor Statistics Data
 
Dittohead not! said:
What has the SCOTUS done that you feel has contributed to this situation?

Neither party got us into this mess, and neither one can get us out.
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I was merely noting where McCain would have been clearly better
 
Back in February, I wrote a blog article here titled "Obama, The Media, and The Great Jobs Scam of 2012". It was centered on how the "Employment to Population Ratio", a statistic that takes the total number of people that are of legal working age and eligible to work in the U.S, and the total number of people in the country who are currently employed, and gives you the percent, or ratio, of those who are employed, to those who could be employed. I pointed out how the unemployment rate had gone down since 2009, but that ratio had remained the same, making the unemployment rate that is reported a complete sham.

Here we are 6 months later and the unemployment rate has declined by 0.2%, so you would think that the EP ratio would have risen... Well once again, that isn't the case. Instead of rising, the rate has gone down 2 tenths of a percent, showing once again that the unemployment numbers are still a complete and total sham.
 
pbrauer said:
You can directly link to a bls report: LNS12000000

If you look at the graph you'll see that then trend is up and took a slight dip in August.
But you are correct there where less people employed in August than there were in July, however this is not the first time this has happened.

Bureau of Labor Statistics Data
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It has declined over the last 2 months Pete and if you look at the "Employment to Population Ratio", you'll see that the percent of the eligible workforce that's employed is EXACTLY the same as it was back in October 2009, when the unemployment rate was 10.0%.

No matter how you slice it Pete, it spells "failure" for Obama.
 
TurtleDude said:
I don't have much use for the term savior. Relying on a savior rather than one's self to solve problems, leads to dependency. Dependency leads to weakness. weakness leads to supporting the Democrat Party.

Most Professionals have agendas. Your citations were to a wiki article that had no reference to evidence supporting your claim. and I have seen thousands of professionals who put the agenda ahead of the truth
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The Wiki article gave you the expert opinion of a famous linguist whose field is one of words and their usage.

If I have to decide who is correct, Turtle or him, my vote is cast for the expert in their field.

Your dots being connected in the dependence argument are not even in the same coloring book let along the same page.

You are supporting Mittens because you expect his tax policies will benefit you. In that respect he is going to save you --- money .... lots of it I would imagine is your expectation.
 
Grim17 said:
Back in February, I wrote a blog article here titled "Obama, The Media, and The Great Jobs Scam of 2012". It was centered on how the "Employment to Population Ratio", a statistic that takes the total number of people that are of legal working age and eligible to work in the U.S, and the total number of people in the country who are currently employed, and gives you the percent, or ratio, of those who are employed, to those who could be employed. I pointed out how the unemployment rate had gone down since 2009, but that ratio had remained the same, making the unemployment rate that is reported a complete sham.

Here we are 6 months later and the unemployment rate has declined by 0.2%, so you would think that the EP ratio would have risen... Well once again, that isn't the case. Instead of rising, the rate has gone down 2 tenths of a percent, showing once again that the unemployment numbers are still a complete and total sham.
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BLS methods have not been altered since Obama's inauguration, call the U3 figures deceivingly optimistic or unintentionally misleading if you must, but calling them a sham is simply nonsense.
 
Hare said:
BLS methods have not been altered since Obama's inauguration, call the U3 figures deceivingly optimistic or unintentionally misleading if you must, but calling them a sham is simply nonsense.
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Don't get me wrong... I believe the numbers they present are honest. It's their methodology that is flawed.

It leads people to believe the employment situation is getting better, when the reality is that it's not... That's the sham.
 
Also important to note is the continuance of public sector losses at the state and local level apparent in the revisions for the prior two months. Around 40k in June and July alone, dampering whatever meager gains the private sector enjoyed.
 
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Despite the best (worst) efforts of the GOPs in congress, America surges forward one step at a time.

Don't bet against America.
 
hazlnut said:
Despite the best (worst) efforts of the GOPs in congress, America surges forward one step at a time.

Don't bet against America.
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LOL the dems are doing everything possible to drag America down.
 
Grim17 said:
Don't get me wrong... I believe the numbers they present are honest. It's their methodology that is flawed.

It leads people to believe the employment situation is getting better, when the reality is that it's not... That's the sham.
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Is that how GB is trying to spin it?
 
hazlnut said:
Despite the best (worst) efforts of the GOPs in congress, America surges forward one step at a time.

Don't bet against America.
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The percent of the eligible workforce that's employed today, is exactly the same as it was when the unemployment rate peaked at 10.0% back in October of 2009... And this is what you call surging forward one step at a time?

Really?

LMAO
 
hazlnut said:
They're not doing enough to expose the corruption in DC.
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true-because that would require taking down many of their senior members like Dingy Hairy and his brothel back room deals etc
 
hazlnut said:
Is that how GB is trying to spin it?
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Don't go there dude... That is my opinion based on my research and the actual BLS data.

Stay on topic and keep your BS insults to yourself.
 
Grim17 said:
It has declined over the last 2 months Pete and if you look at the "Employment to Population Ratio", you'll see that the percent of the eligible workforce that's employed is EXACTLY the same as it was back in October 2009, when the unemployment rate was 10.0%.

No matter how you slice it Pete, it spells "failure" for Obama.
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I don't think so, people stop looking for jobs for various reasons, but we'll see in November if the voting public will put their faith in Romney or President Obama.

Facts are facts and the fact is at the moment is that 96,000 jobs were added in August.
 
pbrauer said:
I don't think so, people stop looking for jobs for various reasons, but we'll see in November if the voting public will put their faith in Romney or President Obama.

Facts are facts and the fact is at the moment is that 96,000 jobs were added in August.
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What do you mean "you don't think so?"

Those are statistical facts Pete that lead to only one rational conclusion... That Obama's economic policies have failed.
 
iguanaman said:
In case you don't know it our biggest trading partners (60% of our exports go to Europe) are now back in a recession and LOSING jobs every week. They are back in recession because of economic policy mistakes made by their leaders. There is plenty of room for improvement in our numbers but as long as the rest of the world is slowing or going backwards, I can't see us doing much better. We could however get much worse and join our European friends in another downturn if we aren't careful. I think it is foolish to switch horses in the middle of a recovery so fragile and risk a long painful Romney recession. Since every Republican President has had one in his first term it is twice as dangerous. Unless of course you like recessions.
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Where did you get that 'Europe takes 60% of America's exports' stat? Because it is totally wrong.

Apparently, little Canada (population wise) received more U.S. exports then the entire EU.

And Canada is definitely NOT in a recession.


List of the largest trading partners of the United States - Wikipedia, the free encyclopedia


Plus, I said nothing about Obama. I simply said that anyone who calls this report 'good' is, in essence, wrong.

It is not a good report.

And no offense, but if you think 96,000 jobs created (when the economy needs far more then that just to break even) PLUS the participation rate is at a 30 years low is a 'good' report - then I think you do not understand the U.S. employment situation.
 
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Grim17 said:
Don't go there dude... That is my opinion based on my research and the actual BLS data.

Stay on topic and keep your BS insults to yourself.
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It's just something I've observed in your posts--IMO, they always feel copy/pasted from another source.

I have a hard time taking the "my research" claim seriously.
 
hazlnut said:
It's just something I've observed in your posts--IMO, they always feel copy/pasted from another source.

I have a hard time taking the "my research" claim seriously.
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I wrote an entire blog piece on this crap 6 months ago... I almost always do my own economic research.
 
Grim17 said:
What do you mean "you don't think so?"

Those are statistical facts Pete that lead to only one rational conclusion... That Obama's economic policies have failed.
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I don't believe it's the job of the POTUS to have economic policies, additionally I don't believe anyone could have done any better than President Obama has - it's the free market that makes the decisions. Additionally, I believe the GOP could not have given President Obama a greater gift than Mitt Romney.
 
Grim17 said:
Those are statistical facts Pete that lead to only one rational conclusion... That Obama's economic policies have failed.
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Never mind that congress has the constitutional power and duty to raise taxes and enact programs that stimulate employment and the economy.

And putting aside the fact that they've gone on record saying that they will sit on their hands until Obama is out of the WH.

And erase from our heads all the relevant facts about spending...

And yes, that simple-mided talking point about Obama's policies feels good to conservative ears and doesn't strain the logic part of the brain.
 
pbrauer said:
I don't believe it's the job of the POTUS to have economic policies, additionally I don't believe anyone could have done any better than President Obama has - it's the free market that makes the decisions. Additionally, I believe the GOP could not have given President Obama a greater gift than Mitt Romney.
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I posted this on another thread, but it applys here as well:

Do you realize that there are only 86,000 more people employed today then there was the day he took office, while at the same time there are nearly 9 million more people in the eligible workforce?

To put that into perspective, lets assume that every person who was employed when he took office, is still employed today. That means that of the 8,827,000 people that have been added to the eligible workforce due to population growth since January 2009, less than 1% of them (0.97%) are employed?

Is this what you call a recovery?
 
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