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US employers add 313,000 jobs

Conservative said:
Employment numbers show anyone employed including part time for economic reasons. Take the employment and subtract the part time for economic reasons and you have the full time employment number.
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No, you don’t: you have part-time for non-economic reasons plus full-time workers minus those who usually work full time but didn’t have full time hours during the survey reference week for business reasons.
Let me know what the difference is between the Two Presidents
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ok. From January 2017 to February 2018, part time for economic reasons dropped 616,000
For the last equivalent period under Obama (January 2015-February 2016) it dropped 799,000
 
Are we sure it is still not Bush's fault?:lol:
 
pinqy said:
No, you don’t: you have part-time for non-economic reasons plus full-time workers minus those who usually work full time but didn’t have full time hours during the survey reference week for business reasons.
ok. From January 2017 to February 2018, part time for economic reasons dropped 616,000
For the last equivalent period under Obama (January 2015-February 2016) it dropped 799,000
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OMG, in order for them to drop 799,000 they set records but keep trying to prop up failure, Sick and tired of people expecting Trump to compete against himself, he is competing against Obama

Labor Force Statistics from the Current Population Survey
Original Data Value
Series Id: LNS12032194
Seasonally Adjusted
Series title: (Seas) Employment Level - Part-Time for Economic Reasons, All Industries
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Hours at work: 1 to 34 hours
Reasons work not as scheduled: Economic reasons
Worker status/schedules: At work part time
Years: 2008 to 2018
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 4846 4902 4904 5220 5286 5540 5930 5851 6148 6690 7311 8029
2009 8046 8796 9145 8908 9113 9024 8891 9029 8847 8979 9114 9098
2010 8530 8936 9233 9178 8845 8577 8500 8800 9246 8837 8873 8935
2011 8470 8464 8645 8652 8576 8427 8281 8788 9166 8657 8447 8171
2012 8305 8238 7775 7913 8101 8072 8082 7974 8671 8203 8166 7943
2013 8151 8178 7722 7964 7937 8103 8099 7816 7764 7936 7718 7827
2014 7302 7304 7451 7516 7260 7425 7400 7169 7007 7031 6885 6817
2015 6820 6693 6653 6622 6643 6386 6234 6411 6025 5807 6159 6027
2016 5960 6021 6099 6027 6491 5751 5898 5977 5893 5955 5719 5554
2017 5776 5670 5500 5309 5268 5264 5236 5209 5148 4880 4851 4915
2018 4989 5160
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MrWonka said:
HAHAHAHAHAAHHAHAHA!!!!!!!

This might be the single least intelligent post I've ever seen on here. Congratulations. Do fix the debt we've got to create more of it. Beautiful.
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Ironic. Written like a child.
 
Another record day for the stock market. Surprising jobs report. Meeting upcoming with North Korea.

And the media is pissed.
 
Erod said:
Another record day for the stock market. Surprising jobs report. Meeting upcoming with North Korea.

And the media is pissed.
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Which media is pissed? I watched MSNBC and CNBC reporting on the markets today and the NASDAQ closing at a record and the Dow rallying after the jobs report was released.. They weren't pissed. Which media outlet were you watching that was pissed? I'd love to see that link.

When is the meeting scheduled with North Korea?
 
pinqy said:
Are you saying he should be counted as unemployed?
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We have been over and over this many times, the purpose of the U-3 to judge economic performance is ridiculous as it is skewed as I pointed out. The U-6 is a much better metric.
 
ttwtt78640 said:
Perhaps, one does not complain when they are getting mostly positive media coverage - nah, Trump is just an evil man.
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Trump is evil, I know. I live in NY, and have known about Trump and his lies and cons for decades. But anyway Trump gives the media plenty of Ammo, much of his problems with the media is of his own doing.
 
Conservative said:
We have been over and over this many times, the purpose of the U-3 to judge economic performance is ridiculous as it is skewed as I pointed out. The U-6 is a much better metric.
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Your complaint was that "if an existing employee working full time is reduced to part time he is still counted as employed and off the unemployment roles[sic]" That certainly seems to be saying they should NOT be counted as employed and should be counted as unemployed. But you always avoid a straight answer.How specifically should those who worked part time for economic reasons be classified?

In the U-6 they are classified as employed, by the way, and the U-3 and U-6 measure different things. Each is better at what it is supposed to measure.
 
pinqy said:
Your complaint was that "if an existing employee working full time is reduced to part time he is still counted as employed and off the unemployment roles[sic]" That certainly seems to be saying they should NOT be counted as employed and should be counted as unemployed. But you always avoid a straight answer.How specifically should those who worked part time for economic reasons be classified?

In the U-6 they are classified as employed, by the way, and the U-3 and U-6 measure different things. Each is better at what it is supposed to measure.
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I know exactly what the U-3 and U-6 do so let me make this perfectly clear, those touting the U-3 number as proof that economic policies are working are wrong as the u-6 is a better measurement as the U-3 is skewed. never did I say that part time employees for economic reasons shouldn't be counted as employed. 900,000 fewer Americans are now classified as part time for economic reasons vs. Obama's last month in operation and the U-6 is now down to pre recession levels, something Obama never achieved in 8 years
 
Conservative said:
I know exactly what the U-3 and U-6 do so let me make this perfectly clear, those touting the U-3 number as proof that economic policies are working are wrong as the u-6 is a better measurement as the U-3 is skewed.
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The purpose of the U-3 is to measure the slack or tightness of the labor market: the percent of available labor that is not being used. It does this by dividing the number of people who can and are unsuccessful trying to work divided by the total number of people who are doing something about work. How is it "skewed" to not fulfill that purpose?

The U-6 measures a different aspect of the labor market. Neither is a better measurement of economic policies, as they measure different facets.


never did I say that part time employees for economic reasons shouldn't be counted as employed.
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You certainly implied it:"if an existing employee working full time is reduced to part time he is still counted as employed and off the unemployment roles. That is what skews the U-3 report" I'm not sure how you can say both that part time for economic reasons should be considered employed and that including them as employed skews the measure of unemployment.
 
JacksinPA said:
https://www.reuters.com/article/us-...cturing-move-could-cut-880-jobs-idUSKCN1GS23J

Caterpillar's latest restructuring move could cut 880 jobs
==============================================
All is not rosy in Donald Trump's America.
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Maybe not but this sure is

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2008 to 2018

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143292 143362 143316 143635 143882 143999 144264 144326 144418 143537 144479 144778
2014 145122 145161 145673 145680 145825 146267 146401 146522 146752 147411 147391 147597
2015 148113 148100 148175 148505 148788 148806 148830 149136 148810 149254 149486 150135
2016 150576 151005 151229 150978 151048 151164 151484 151687 151815 151939 152126 152233
2017 152076 152511 153064 153161 152892 153250 153511 153471 154324 153846 153917 154021
2018 154430 155215
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Notice any difference between the Obama record and Trump? Will post the part time for economic reasons later if I continue to get this bs about how great the Obama economy was
 
pinqy said:
The purpose of the U-3 is to measure the slack or tightness of the labor market: the percent of available labor that is not being used. It does this by dividing the number of people who can and are unsuccessful trying to work divided by the total number of people who are doing something about work. How is it "skewed" to not fulfill that purpose?

The U-6 measures a different aspect of the labor market. Neither is a better measurement of economic policies, as they measure different facets.


You certainly implied it:"if an existing employee working full time is reduced to part time he is still counted as employed and off the unemployment roles. That is what skews the U-3 report" I'm not sure how you can say both that part time for economic reasons should be considered employed and that including them as employed skews the measure of unemployment.
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You are talking about something entirely different than I am pointing out. The left continues to tell us how great the Obama economy was by posting the U-3 rate as an example, a rate skewed by the PART TIME FOR ECONOMIC REASONS which actually tells us along with the election results for Congress how great the Obama economy was. Millions of Americans couldn't find full time jobs in the Obama economy and had to settle for part time work. Obama lost the House in 10-12 and the Congress in 14-16 because of this

There is no question that the U-3 does what you claim HOWEVER this rate never should be used to judge economic performance. The U-6 does that much better
 
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