Unemployment is down

The world economy was teterring on disaster, this isn't great, but it could have been worse. There is still a lot of room for improvement, but things aren't as bad as they were and hopefully will continue to improve. I heard a panel on NPR discussing how things have changed and stabilization is the important factor of the future of economics.

The United States has done fantastic compared to the EU.
 
Well, Welch is obviously a moron. I wouldn't claim that the numbers are rigged. I'd simply say what I've said all along - the manner in which the numbers are reached doesn't provide a complete picture of the condition of the economy. Millions have given up on finding a job. That's really the only reason the numbers have dropped the way they have. Without that, unemployment would be higher than when Obummer took office- around 11% by some estimates.

U6 includes those who aren't looking for a job, and it's around 14%-16%. But it's always way higher than U3, which is what's commonly cited.
 
not as long as corporations hire out of country workers for lower wages and congress lets them

there is some kind of visa (i think it is H1B) for 'necessary' jobs that cannot be filled from the current work force because too many workers/graduates did not study enough math/science

some of these deficiencies may be remedied at community/city colleges or by companies adopting the european apprentice system where they hire people and train them and start them on a career track whereby they can advance

The H1B brings intelligent, well-educated immigrants to the US, where they can possibly get citizenship and add a great deal to the US economy. Would you prefer that we target uneducated immigrants or something?
 
Down by a surprising amount too, .4 in one month.

The problem they are having is that it is unbelievable in every contextual way. When you understand that it takes 150K jobs per month just to remain static, then you see we didn't even get that it just underlines the reality. This jobs report is so far out of the statistical possibility that even some lefties (the honest ones) are questioning how effective it will be with even the sheeple.

Either it will be seriously altered on Thursday when they put out the corrected reports or next month it will look like Armageddon hit... either way this government entity lost some credibility and now looks to be a political entity.
 
The problem they are having is that it is unbelievable in every contextual way. When you understand that it takes 150K jobs per month just to remain static, then you see we didn't even get that it just underlines the reality. This jobs report is so far out of the statistical possibility that even some lefties (the honest ones) are questioning how effective it will be with even the sheeple.

Either it will be seriously altered on Thursday when they put out the corrected reports or next month it will look like Armageddon hit... either way this government entity lost some credibility and now looks to be a political entity.

Federal agencies are staffed by people chosen by a non-partisan civil service system (it's been this way ever since the fall of the "spoils system" in the 19th century). And Obama doesn't have the power to command them to report lower unemployment or something.
 
The H1B brings intelligent, well-educated immigrants to the US, where they can possibly get citizenship and add a great deal to the US economy. Would you prefer that we target uneducated immigrants or something?

We do. Look south of the border. They all vote demalquedacrats and have names like Paco, Hector and Miguel
 
Federal agencies are staffed by people chosen by a non-partisan civil service system (it's been this way ever since the fall of the "spoils system" in the 19th century). And Obama doesn't have the power to command them to report lower unemployment or something.

cough.....
Obama's Labor Department on Monday issued "guidance" to the states, telling them that a federal law requiring advance notice of mass layoffs does not apply to the layoffs that may occur in January as a result of automatic budget cuts known as "sequestration."
http://cnsnews.com/news/article/inhofe-obama-administration-doesnt-want-all-these-pink-slips-going-out-5-days-election
 
Federal agencies are staffed by people chosen by a non-partisan civil service system (it's been this way ever since the fall of the "spoils system" in the 19th century). And Obama doesn't have the power to command them to report lower unemployment or something.

Which doesn't change this reality. People will lose trust in this agency because of this, whether or not it is something that should happen.

It would be different if such fluctuations were regular, but to have it suddenly happen in such a complete way on the report just before a heated election cycle doesn't lend much credibility to their explanations at all. Couple this with their requests not to issue layoff notices within the required time limits until after an election and you wind up with some people thinking that this is beginning to look and act like a duck, all they have left is to wait for the quack.
 
Which doesn't change this reality. People will lose trust in this agency because of this, whether or not it is something that should happen.

It would be different if such fluctuations were regular, but to have it suddenly happen in such a complete way on the report just before a heated election cycle doesn't lend much credibility to their explanations at all. Couple this with their requests not to issue layoff notices within the required time limits until after an election and you wind up with some people thinking that this is beginning to look and act like a duck, all they have left is to wait for the quack.

should you not be posting this on the conspiracy forum

in any case, i doubt that many voters will be influenced one way or the other by the report

as for faith in government, i think that it is at an all time low anyway

oth, the repug conspiracy statement may turn off some independents

besides, there is one more report due just a few days before the election or do you think that one will be doctored also
 
should you not be posting this on the conspiracy forum

in any case, i doubt that many voters will be influenced one way or the other by the report

as for faith in government, i think that it is at an all time low anyway

oth, the repug conspiracy statement may turn off some independents

besides, there is one more report due just a few days before the election or do you think that one will be doctored also

No. The thread is here, hence my statement is here. The only people who would think that independents would be foolish enough to believe this report without question are one of the group I listed before. I don't know if it will, but if it is it will be likely to cause the same reaction among people who understand simple math.
 
No. The thread is here, hence my statement is here. The only people who would think that independents would be foolish enough to believe this report without question are one of the group I listed before. I don't know if it will, but if it is it will be likely to cause the same reaction among people who understand simple math.

i understand simple math, i was a math major...

did you see my reply to your earlier comment on this subject, about how the bureau calculates the unemployment statistics

it states that there will be variations both for and against the administration due to averaging over a period of time (if i recall correctly, that time period is three months) to smooth sampling errors

also, what about the loss of jobs going from over -500k to coming close to breaking even even with an obstructionist congress
 
should you not be posting this on the conspiracy forum

in any case, i doubt that many voters will be influenced one way or the other by the report

as for faith in government, i think that it is at an all time low anyway

oth, the repug conspiracy statement may turn off some independents

besides, there is one more report due just a few days before the election or do you think that one will be doctored also

The rethug meltdown is pathetic and makes them look like sore losers at the expense of everyones well being. They should be happy about more people having jobs...my son included...but all they can do is whine and babble nonsense.

Even with the pile of shit the repugs left on the white house steps when Obama took office, and every dirty nasty trick they have played he still managed to have a better job creation record than Bush.
 
i understand simple math, i was a math major...

did you see my reply to your earlier comment on this subject, about how the bureau calculates the unemployment statistics

it states that there will be variations both for and against the administration due to averaging over a period of time (if i recall correctly, that time period is three months) to smooth sampling errors
I did, and I explained why it would be statistically inaccurate. Interesting to meet a fellow math major who would try to explain away statistical anomalies without regard to the reality. Simply, such innocuous results would be far more often prevalent if your explanation were adequate.

also, what about the loss of jobs going from over -500k to coming close to breaking even even with an obstructionist congress
That, again, was the result of the sudden "found" jobs related in an earlier post.
 
The rethug meltdown is pathetic and makes them look like sore losers at the expense of everyones well being. They should be happy about more people having jobs...my son included...but all they can do is whine and babble nonsense.

Even with the pile of shit the repugs left on the white house steps when Obama took office, and every dirty nasty trick they have played he still managed to have a better job creation record than Bush.

Meltdown? Interesting. I hear desperation in the defense of what is clearly a statistical impossibility.

Reality: In order to just remain the same, we need to create an average of 150,000 jobs per month, in order to drop such an extreme amount we need a growth rate of 4.5% or more. No such dramatic growth rate exists in the economy.

Now, do I think personally it is because of a political agenda? Not necessarily. Do I believe that many will regardless? Yes.
 
Which doesn't change this reality. People will lose trust in this agency because of this, whether or not it is something that should happen.

It would be different if such fluctuations were regular, but to have it suddenly happen in such a complete way on the report just before a heated election cycle doesn't lend much credibility to their explanations at all. Couple this with their requests not to issue layoff notices within the required time limits until after an election and you wind up with some people thinking that this is beginning to look and act like a duck, all they have left is to wait for the quack.

You mean "conservatives will lose trust in this agency..."
 
I find it extraordinary that we now have people cheering 7.8% unemployment as if it's a GOOD thing! Even more extraordinary is the fact these very same cheerleaders were claiming the worst economy since the Great Depression when it was at 6% under Bush. If anything can be more extraordinary, it's that a president is trying to be re-elected, pretty much on the sole basis of this 7.8% unemployment achievement.

Before Obama was elected, I predicted satirically, that by the end of his term, we'd all be eating shit sandwiches, standing around a burning barrel with the homeless, and democrats would be talking about how wonderful it is that Obama has brought us all together like this. It was indeed sarcasm, but I wasn't too far off, was I?
 
dixie ,

Im seem to remember you trashing both uscitizen and me for the warnings we gave you all about the impending crash.


history proves your a smuck who has no idea what hes talking about
 
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