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Unemployment drops to 3 year low of 8.3%.

Conks love this. IT means PEOPLE ARE WORKING.


You gays have no concept of the big picture. You only care about the next bear or twink to approach you at the bar and ask to see your main-taint.

And how many have just given up looking for work or are underemployed?

Pwns wrote:And how many have just given up looking for work or are underemployed?

Between December and January, about 2.5 million people.

Ibanez wrote:Conks love this.

Bullsh*t.

Pwns wrote:And how many have just given up looking for work or are underemployed?

And how many Conk Evangelicals are closet cases?

Baldy wrote:

Pwns wrote:And how many have just given up looking for work or are underemployed?

Between December and January, about 2.5 million people.

Did you go out and count them yourself? Are we "libs" allowed to use the same twisted methodology if one of your idiots win in November???

mainejeff wrote:

Baldy wrote:
Between December and January, about 2.5 million people.

Did you go out and count them yourself? Are we "libs" allowed to use the same twisted methodology if one of your idiots win in November???

Chill geoff, you're becoming unhinged, again.

mainejeff wrote:

Baldy wrote:
Between December and January, about 2.5 million people.

Did you go out and count them yourself?

No, I used the same guy who counted all the "jobs saved" for Obama.

Suckers
Same folks that believe Al Gore is a great scientist

Report said unemployment in the black community dropped 2.5%
Really

Any gain in actual employment is welcome. Percentages collected by the government run by an encumbant President in an election year are suspect...

The real unemployment rate , people who want work but have stopped looking & part time that want full time, is 15.1 %

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low

A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.



http://www.zerohedge.com/news/record-12 ... e-tumbles-" onclick="window.open(this.href);return false;

The bad news behind the January jobs report

Three years after Obama became president, even the official unemployment rate still remains high. The newly released 8.3 percent unemployment rate is still a half a percentage point higher than when he took office.

But that still might be looking at the bright side. If we include those who have given up looking for work and those who could only find part time work, the unemployment rate stands at almost an entire percentage point higher than when Obama entered office.

In January 2009, 11.6 million Americans were out of work and 23 percent of them had been unemployed for more than six months.

Today there are 12.8 million unemployed and 43 percent have been out of a job for more than six months. The average length of unemployment has increased dramatically since even the recovery started. Back in June 2009, “only” 29 percent of the unemployed had been unemployed longer than six months.

The number of unemployed Americans last month fell by 339,000, the fifth largest drop since January 2009. But there was an even much more shockingly large number -- almost 1.2 million additional Americans were classified in January as not being in the labor force (see figure here). Unfortunately, that has been the consistent story that has made this “recovery” unique as more and more Americans have just given up looking for work.

This last number not only means that the official unemployment number is misleading, but it will also likely determine where the unemployment rate ultimately goes. Indeed, the Congressional Budget Office just last week released its projected unemployment rate for the next couple of years. They predicted that the unemployment rate will be at 8.9 percent during the last quarter of 2012 and rise to 9.2 percent for the last quarter of 2013.

The Congressional Budget Office was so concerned about these people leaving the labor force that they warned that the current unemployment rate that reporters so breathlessly await at the beginning of each month is quite misleading.

At the end of last year, the CBO cautioned that the official unemployment rate was about 1.25 percentage points lower than the real rate. In January, that gap was about 1.6 percentage points.

Let’s not forget the millions of Americans who have given up looking for work or been forced to take part time jobs.
http://www.foxnews.com/opinion/2012/02/ ... bs-report/" onclick="window.open(this.href);return false;

Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing!

LeadBolt wrote:Any gain in actual employment is welcome. Percentages collected by the government run by an encumbant President in an election year are suspect...

Yeah......we should have Glen Beck or Ann Coulter gather the numbers......

BDKJMU wrote:The real unemployment rate , people who want work but have stopped looking & part time that want full time, is 15.1 %

What was the "real" unemployment rate under Bush?

Ivytalk wrote:Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing!

Better than giving Reagan and the Bushes daily blowjobs.

mainejeff wrote:

Ivytalk wrote:Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing!

Better than giving Reagan and the Bushes daily blowjobs.

There wasn't enough time. People actually had jobs to go to back then.

Baldy wrote:

mainejeff wrote:
Better than giving Reagan and the Bushes daily blowjobs.

There wasn't enough time. People actually had jobs to go to back then.

Nah......they just took time out from target practice, NASCAR, and church going.

mainejeff wrote:

LeadBolt wrote:Any gain in actual employment is welcome. Percentages collected by the government run by an encumbant President in an election year are suspect...

Yeah......we should have Glen Beck or Ann Coulter gather the numbers......

Or you could actually read the rest of the article as BDKJMU did and realize that the numbers are being manipulated

LeadBolt wrote:

mainejeff wrote:
Yeah......we should have Glen Beck or Ann Coulter gather the numbers......

Or you could actually read the rest of the article as BDKJMU did and realize that the numbers are being manipulated

Have they ever been "manipulated" before?

mainejeff wrote:

LeadBolt wrote:
Or you could actually read the rest of the article as BDKJMU did and realize that the numbers are being manipulated

Have they ever been "manipulated" before?

Of course they have, that's part of my original comment in this thread (please see above), which you turned partisan.

LeadBolt wrote:

mainejeff wrote:
Have they ever been "manipulated" before?

Of course they have, that's part of my original comment in this thread (please see above), which you turned partisan.

Partisan?......say it ain't so!

mainejeff wrote:Unemployment drops to 3 year low of 8.3%.

This is good news, unless you are a partisan extremists.