Conk Suicide Watch

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Conk Suicide Watch

Post by mainejeff »

Unemployment drops to 3 year low of 8.3%. :o ;)

:lol: :lol: :lol: :lol: :lol:
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Re: Conk Suicide Watch

Post by Ibanez »

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.
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Re: Conk Suicide Watch

Post by Pwns »

And how many have just given up looking for work or are underemployed?
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Re: Conk Suicide Watch

Post by Baldy »

Pwns wrote:And how many have just given up looking for work or are underemployed?
Between December and January, about 2.5 million people. :ohno:
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Re: Conk Suicide Watch

Post by mainejeff »

Ibanez wrote:Conks love this.
Bullsh*t.

:coffee:
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Re: Conk Suicide Watch

Post by mainejeff »

Pwns wrote:And how many have just given up looking for work or are underemployed?
And how many Conk Evangelicals are closet cases? :dunce: :dunce: :dunce:

:coffee:
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Re: Conk Suicide Watch

Post by mainejeff »

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. :ohno:
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???

:coffee:
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Re: Conk Suicide Watch

Post by Baldy »

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

:coffee:
Chill geoff, you're becoming unhinged, again. :lol:
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Re: Conk Suicide Watch

Post by Baldy »

mainejeff wrote:
Baldy wrote:
Between December and January, about 2.5 million people. :ohno:
Did you go out and count them yourself?

No, I used the same guy who counted all the "jobs saved" for Obama. :nod:
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Re: Conk Suicide Watch

Post by Bronco »

Suckers
Same folks that believe Al Gore is a great scientist

Report said unemployment in the black community dropped 2.5%
Really
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Re: Conk Suicide Watch

Post by LeadBolt »

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

Post by BDKJMU »

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

Post by BDKJMU »

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.

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Re: Conk Suicide Watch

Post by BDKJMU »

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.
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Re: Conk Suicide Watch

Post by Ivytalk »

Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing! :jack:
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Re: Conk Suicide Watch

Post by mainejeff »

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...... :roll: :roll: :roll:
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Re: Conk Suicide Watch

Post by mainejeff »

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?
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Re: Conk Suicide Watch

Post by mainejeff »

Ivytalk wrote:Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing! :jack:
Better than giving Reagan and the Bushes daily blowjobs.

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Re: Conk Suicide Watch

Post by Baldy »

mainejeff wrote:
Ivytalk wrote:Donks are nothing if not predictable. Their Messiah Lord HusseinObamah bringeth forth the jobs, and there was much rejoicing! :jack:
Better than giving Reagan and the Bushes daily blowjobs.

:coffee:
There wasn't enough time. People actually had jobs to go to back then. :coffee:
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Re: Conk Suicide Watch

Post by mainejeff »

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

:coffee:
There wasn't enough time. People actually had jobs to go to back then. :coffee:
Nah......they just took time out from target practice, NASCAR, and church going.

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Re: Conk Suicide Watch

Post by LeadBolt »

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...... :roll: :roll: :roll:
Or you could actually read the rest of the article as BDKJMU did and realize that the numbers are being manipulated :suspicious: :rofl: :rofl: :rofl:
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Re: Conk Suicide Watch

Post by mainejeff »

LeadBolt wrote:
mainejeff wrote:
Yeah......we should have Glen Beck or Ann Coulter gather the numbers...... :roll: :roll: :roll:
Or you could actually read the rest of the article as BDKJMU did and realize that the numbers are being manipulated :suspicious: :rofl: :rofl: :rofl:
Have they ever been "manipulated" before?

:rofl: :rofl: :rofl: :rofl: :rofl:
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Re: Conk Suicide Watch

Post by LeadBolt »

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 :suspicious: :rofl: :rofl: :rofl:
Have they ever been "manipulated" before?

:rofl: :rofl: :rofl: :rofl: :rofl:
Of course they have, that's part of my original comment in this thread (please see above), which you turned partisan. :o
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Re: Conk Suicide Watch

Post by mainejeff »

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

:rofl: :rofl: :rofl: :rofl: :rofl:
Of course they have, that's part of my original comment in this thread (please see above), which you turned partisan. :o
Partisan?......say it ain't so! :o
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Re: Conk Suicide Watch

Post by Gil Dobie »

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

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