Deleted
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Post by Deleted on May 2, 2014 8:38:51 GMT -5
The good: The bad: The ugly: sourceSo people may cheer that the unemployment rate dropped but they would only do so out of ignorance. 288k have found jobs but an astounding 806k gave up on working. sourceEdit: 988k was the record, not the current drop of 806k. |
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Post by redleg on May 2, 2014 8:46:31 GMT -5
But all you will hear is "the unemployment rate dropped". No real explanation, no analysis, nothing. The LR media will cover their creation, once again.
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Post by aboutwell on May 2, 2014 8:54:56 GMT -5
I gave up on working... I chose to retire... making way for a job for someone else... but technology is still chipping away at the workforce... so is offshoring... and buying too many damn foreign produced goods and services...
I like that saying: If you want to buy "Made in America"... you gotta "Make it in America"...
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Post by aboutwell on May 2, 2014 8:55:50 GMT -5
But all you will hear is "the unemployment rate dropped". No real explanation, no analysis, nothing. The LR media will cover their creation, once again. Been figured the same way for 40 years, Redleg... |
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Post by redleg on May 2, 2014 8:59:39 GMT -5
But all you will hear is "the unemployment rate dropped". No real explanation, no analysis, nothing. The LR media will cover their creation, once again. Been figured the same way for 40 years, Redleg... Yup, only Marxist pols get the protection of the LR media. Anyone that tries to actually reign in the criminal government is destroyed. |
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Post by kashmir on May 2, 2014 9:18:39 GMT -5
Not doubting the numbers, but it is kind of freaky reading articles from a guy who refuses to use his own name and instead writes under the name of the guy in "Fight Club", Tyler Durden.
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Deleted
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Post by Deleted on May 2, 2014 9:34:45 GMT -5
Not doubting the numbers, but it is kind of freaky reading articles from a guy who refuses to use his own name and instead writes under the name of the guy in "Fight Club", Tyler Durden. It is not one person. |
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Post by kashmir on May 2, 2014 9:44:01 GMT -5
Not doubting the numbers, but it is kind of freaky reading articles from a guy who refuses to use his own name and instead writes under the name of the guy in "Fight Club", Tyler Durden. It is not one person. Most people use their names to write articles. Its easy to hide when you post BS behind a fake name. Not so much when writing with your real name, the name your mother gave you when you were born name. |
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Deleted
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Post by Deleted on May 2, 2014 10:04:26 GMT -5
Most people use their names to write articles. Its easy to hide when you post BS behind a fake name. Not so much when writing with your real name, the name your mother gave you when you were born name. Their reason they claim for doing so is that they work in the industry which they criticize. They post anonymously to avoid retribution. Exposing the likes of Goldman Sachs is not for the faint of heart. Still, if you don't care for that then here is the first primary source. BLS Employment Situation Summary.Here is the labor force participation rate. |
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Post by aboutwell on May 2, 2014 15:27:23 GMT -5
Limbaugh teed me off today when he said 68% of the employable workers were working... and the other 30% weren't working... but were eating... I'm in last latter group... and I worked over 40 years to get there... screw Limbaugh...
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Post by BullIsland on May 2, 2014 16:00:21 GMT -5
Limbaugh teed me off today when he said 68% of the employable workers were working... and the other 30% weren't working... but were eating... I'm in last latter group... and I worked over 40 years to get there... screw Limbaugh... I doubt he was talking about retirees and was referring to those who are able to, but have given up during this robust economy.
The economy sucks no matter what spin one puts on it. That is what I am "teed" off about.
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Foggy Dewhurst
Did you see it, did you see that paratroopers roll?
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Post by Foggy Dewhurst on May 2, 2014 21:28:43 GMT -5
Pretty easy to make the rate what you want when you stop counting people that have given up looking, etc. Just like the inflation index. When you don't count food, energy and healthcare, I guess it would be low? Anybody that believes that rate, I have some beachfront in Kansas I'd love to discuss with you. I don't count location, so it's reasonable..
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Post by kashmir on May 2, 2014 21:43:35 GMT -5
Most people use their names to write articles. Its easy to hide when you post BS behind a fake name. Not so much when writing with your real name, the name your mother gave you when you were born name. Their reason they claim for doing so is that they work in the industry which they criticize. They post anonymously to avoid retribution. Exposing the likes of Goldman Sachs is not for the faint of heart. Still, if you don't care for that then here is the first primary source. BLS Employment Situation Summary.Here is the labor force participation rate.Whusses. |
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Post by rocketwolf on May 2, 2014 22:00:55 GMT -5
Unemployment is still the highest its been since 1983.
Some recovery.
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Post by stevez51 on May 3, 2014 7:22:24 GMT -5
So why are you hiding behind a Led Zeppelin song..  ? |
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Post by aboutwell on May 3, 2014 9:52:03 GMT -5
Limbaugh teed me off today when he said 68% of the employable workers were working... and the other 30% weren't working... but were eating... I'm in last latter group... and I worked over 40 years to get there... screw Limbaugh... I doubt he was talking about retirees and was referring to those who are able to, but have given up during this robust economy.
The economy sucks no matter what spin one puts on it. That is what I am "teed" off about.
The labor force participation rate includes all employable individuals over the age of 16 years of age... and I am employable... |
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Post by aboutwell on May 3, 2014 9:53:39 GMT -5
Unemployment is still the highest its been since 1983. Some recovery. I can't find those numbers... can you help me?... |
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Post by aponderer on May 3, 2014 17:56:50 GMT -5
This morning on the CBS news, I heard them say that over 800,000 left the labor force last month. You'll have to ask CBS what that means..
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Post by aboutwell on May 3, 2014 18:26:59 GMT -5
I think this must be what they were talking about... fluctuates like a yo yo... not much different than it was this time last year... and that's good considering the effects of technology, outsourcing, and off shoring...
The civilian labor force dropped by 806,000 in April, following an increase of
503,000 in March. The labor force participation rate fell by 0.4 percentage
point to 62.8 percent in April. The participation rate has shown no clear trend
in recent months and currently is the same as it was this past October. The
employment-population ratio showed no change over the month (58.9 percent) and
has changed little over the year.
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Post by rocketwolf on May 3, 2014 21:12:55 GMT -5
Unemployment is still the highest its been since 1983. Some recovery. I can't find those numbers... can you help me?... From Fridays, Easton Star Democrat |
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Deleted
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Post by Deleted on May 3, 2014 22:45:18 GMT -5
Frightening numbers, really. Only handouts and credit cards stop folks from rioting in streets.
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Post by rentedmule on May 4, 2014 5:39:51 GMT -5
Most people use their names to write articles. Its easy to hide when you post BS behind a fake name. Not so much when writing with your real name, the name your mother gave you when you were born name. Huh. Please stay away from The Economist. Or the library lest you encounter George Elliot or Daniel DeFoe. |
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Post by rentedmule on May 4, 2014 5:53:30 GMT -5
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Post by rentedmule on May 4, 2014 6:02:40 GMT -5
Frightening numbers, really. Only handouts and credit cards stop folks from rioting in streets. When a society resorts to credit to fund it's consumption, it becomes a sign of dysfunction. Unless one believes Krugman and most of our leadership - then it is the solution to enabling prosperity. It's easy to convince folk that consuming on someone elses dime is the key to prosperity for all. |
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Post by rocketwolf on May 4, 2014 7:18:31 GMT -5
It is getting obvious that Obama's government stupidity hasn't finished screwing the middle class yet.
Wall St is happy, Washington DC is happy, so no one cares about us
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