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U.S. Nonfarm Payrolls Rose 178,000 in November; Unemployment Rate Falls to 4.6%

Blue_State said:
Not a fan of the zero interest rate policy. It seems to be the last tool in the toolbox. Once you go to zero...it seems like we lose the train conductor.
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The only option then is printing money, and we all know how well that works.
 
poweRob said:
It's not? Then why would you say this?



I guess you are mad at yourself for lying then.



Off topic gloat trolling again. Must've hit a nerve.
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How is it a conspiracy if that's what really going on? 95 million people have dropped out of the work force (a record number BYW). They're no longer counted as, "unemployed". The unemployment rate goes down. It ain't rocket science.
 
apdst said:
How is it a conspiracy if that's what really going on? 95 million people have dropped out of the work force (a record number BYW). They're no longer counted as, "unemployed". The unemployment rate goes down. It ain't rocket science.
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Still waiting for proof. Otherwise... it's just your big conpiracy theory.

It's the same exact metric for measuring employment rates for several decades. The only difference is that there is a "D" in the whitehouse and that chaffes you so badly you can't admit truth when it slaps you in the face... therefore you have to make up conspricay theories so your fragile info bubble doesn't collapse.

The only garbage angle you are pushing is that you hate retirees for going into retirement. Why is that?
 
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poweRob said:
Still waiting for proof. Otherwise... it's just your big conpiracy theory.

It's the same exact metric for measuring employment rates for several decades. The only difference is that there is a "D" in the whitehouse and that chaffes you so badly you can't admit truth when it slaps you in the face... therefore you have to make up conspricay theories so your fragile info bubble doesn't collapse.
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Proof? Really? :lamo

https://www.google.com/amp/www.wsj.com/amp/articles/BL-REB-36717?responsive=y

https://www.google.com/amp/www.usne...workers-are-leaving-the-workforce?context=amp

Why doesn't America's 4.9% unemployment rate feel great? - Feb. 6, 2016
 
apdst said:
Proof? Really? :lamo
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Yes proof. You said obama was "cooking the books". That is a bull**** conspiracy theory. Here, let me show you by pointing out how you don't even read your own sources.

apdst said:
https://www.google.com/amp/www.wsj.com/amp/articles/BL-REB-36717?responsive=y
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Even though this link is a paywall, right there in the subHeader:

A growing but aging country will likely swell the number even if action's taken to boost participation​

Again, why do you hate people retiring?

apdst said:
https://www.google.com/amp/www.usne...workers-are-leaving-the-workforce?context=amp
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From this link of yours:

In a nutshell, the baby boomers have aged and are now finally retiring en masse.​

Why do you hate retierees?

apdst said:
Why doesn't America's 4.9% unemployment rate feel great? - Feb. 6, 2016
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And from this link of yours:

Baby Boomers, are retiring​

You really hate the elderly don't you?

You should really read the links you post so that you don't end up beating yourself up like this.
 
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SenorXm/Sirius said:
Because of the Boomers that is going to happen for the next 10 years. Nothing anyone or anything can do to stop it. When a large generation like the Boomers gets older and starts to retire, the 'dropped out of the workforce' number will go up. IIRC that number started to go up about 2007, just when the 1st Boomers started to retire.

Anyway everywhere I go now there are help wanted signs in the windows, parking lots, store doors, etc. Everywhere. The last time I seen it like this was mid-90's.
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Then your area is lucky. Not true in my area at all and the help wanted section of the local paper seldom has anything in it that is not very technical in nature. The fed, however, isn't going to raise rates because they think the economy is doing well. They are going to do it so the fed can cut rates in the future if the economy turns south again. We are nowhere near their inflation red-line on rates. They just need to put tools back in the toolbox as the metaphor goes.
 
backpacker said:
Then your area is lucky. Not true in my area at all and the help wanted section of the local paper seldom has anything in it that is not very technical in nature. The fed, however, isn't going to raise rates because they think the economy is doing well. They are going to do it so the fed can cut rates in the future if the economy turns south again. We are nowhere near their inflation red-line on rates. They just need to put tools back in the toolbox as the metaphor goes.
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The US economy slides into a recession, on average, every 7-9 years. So we are overdue, probably because of the low Fed rates that you mentioned.

I can see the Fed raise rates in the near future, slowly.
 
apdst said:
How is it a conspiracy if that's what really going on? 95 million people have dropped out of the work force (a record number BYW). They're no longer counted as, "unemployed". The unemployment rate goes down. It ain't rocket science.
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"Not in the Labor Force" does not mean "dropped out of the Labor Force." It just means they are neither working nor looking for work. The majority are retired, disabled, students, and stay home spouses. Do you really think they should be classified u employed?" About 92% don't want a job, and of those who claim they do, that' s hypothetical in that most haven't done one single thing to find work in the last year.
 
pinqy said:
"Not in the Labor Force" does not mean "dropped out of the Labor Force." It just means they are neither working nor looking for work. The majority are retired, disabled, students, and stay home spouses. Do you really think they should be classified u employed?" About 92% don't want a job, and of those who claim they do, that' s hypothetical in that most haven't done one single thing to find work in the last year.
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Every month when the Unemployment rate comes out, and if the rate looks better, then the Obama haters need something to try and make the rate look bad. So they point to the 92-94 million people not working who are between 16- and whatever as proof the economy isn't doing good. Every month it is explained to them that the number has been going up since 2007(the 1st year the Boomers started to retire), and will continue to go up for the next 10 years because Boomers are retiring.

But it does no good. They refuse to learn anything, their hate rules all.
 
pinqy said:
"Not in the Labor Force" does not mean "dropped out of the Labor Force." It just means they are neither working nor looking for work. The majority are retired, disabled, students, and stay home spouses. Do you really think they should be classified u employed?" About 92% don't want a job, and of those who claim they do, that' s hypothetical in that most haven't done one single thing to find work in the last year.
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The fact that they're not in the labor force means they're no longer counted. The unemployment rate is down because fewer people are in the work force, not because more people are working.
 
SenorXm/Sirius said:
Every month when the Unemployment rate comes out, and if the rate looks better, then the Obama haters need something to try and make the rate look bad. So they point to the 92-94 million people not working who are between 16- and whatever as proof the economy isn't doing good. Every month it is explained to them that the number has been going up since 2007(the 1st year the Boomers started to retire), and will continue to go up for the next 10 years because Boomers are retiring.

But it does no good. They refuse to learn anything, their hate rules all.
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If Obama wasn't a POS president, we wouldn't have to call him out.
 
apdst said:
The fact that they're not in the labor force means they're no longer counted.
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But they ARE counted in the 95 mil number you mentioned. You're talking about 2 different things.

But then you know that.

Good Day.
 
SenorXm/Sirius said:
The US economy slides into a recession, on average, every 7-9 years. So we are overdue, probably because of the low Fed rates that you mentioned.

I can see the Fed raise rates in the near future, slowly.
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I heard there is a debate that some want to do a full half percent and some want to go even higher in the near term. Going to be interesting to see how this communicates through the pipeline to consumer rates and how that affects economic activity. They should have been raising rates 1/8 at a time for quite awhile IMO instead of having a big sticker shock half percent or more.
 
apdst said:
If Obama wasn't a POS president, we wouldn't have to call him out.
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Riiiiight. The economy is doing great, but because you don't like the guy you have to 'call him out' by making up BS and lies.

But we already now that about you. You're a hater, and a liar.

again, good day
 
SenorXm/Sirius said:
But they ARE counted in the 95 mil number you mentioned. You're talking about 2 different things.

But then you know that.

Good Day.
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That doesn't even make sense. :lamo
 
SenorXm/Sirius said:
Riiiiight. The economy is doing great, but because you don't like the guy you have to 'call him out' by making up BS and lies.

But we already now that about you. You're a hater, and a liar.

again, good day
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We've seen the worst GDP growth in history. That's not an economy that's, "doing great".

Remember when your dear leader mocked President Trump for trying to keep Carrier from moving to Mexico and you all laughed? Who's laughing, now?
 
backpacker said:
I heard there is a debate that some want to do a full half percent and some want to go even higher in the near term. Going to be interesting to see how this communicates through the pipeline to consumer rates and how that affects economic activity. They should have been raising rates 1/8 at a time for quite awhile IMO instead of having a big sticker shock half percent or more.
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I can't see them going a full 1/2 percent all at once. That would definitely be 'sticker stock'. Wall Street would freak out. A 1 time rate hike that steep would spin the economy into the overdue recession. You're right, they should have been doing it slowly, in small increments. They'd be crazy to do a 1 time, 1/2 percent or MORE hike.
 
apdst said:
Remember when your dear leader mocked President Trump for trying to keep Carrier from moving to Mexico and you all laughed? Who's laughing, now?
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But since they are still going to Mexico, they did build that plant and they will not just abandon it, the simple fact is they also agreed to keep about 850 jobs here, for whatever reason. But don't let facts and reality disturb the cloud of ignorance on which you float.
 
apdst said:
We've seen the worst GDP growth in history. That's not an economy that's, "doing great".

Remember when your dear leader mocked President Trump for trying to keep Carrier from moving to Mexico and you all laughed? Who's laughing, now?
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Worse than in the 1930s?
Worse than during the recession of '08?

Saying something doesn't make it true. Two times two is going to be four every time, regardless of whether you'd like it to be six.


united-states-gdp.png
 
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