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GumboPot 
LSU Fan
Saints Fan
Member since Mar 2009
17420 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:13 am to Jbird)
quote:
Yeah if we could only get another 546K in workers to give up each month! Hell UE would be nonexistent! fricking brilliant! Forward bitches forward!
Yeah, sooner or later NBC will realize a numerator of zero gives you an unemployment rate of 0%. 
This post was edited on 12/7 at 8:14 am
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Lsut81
LSU Fan
Member since Jun 2005
54980 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:17 am to Progress)
No fricking way that number is a real number
So you're telling me weekly unemployment being over 375k for a month straight and two of those being 450k and 410k and the rate falls???
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TenTex
LSU Fan
Member since Jan 2008
13971 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:20 am to GumboPot)
Has the formula for figuring the jobless rate changed? No! Stop posting what you hear from Fox and Conservative Talk. It's all negative spin. MSNBC is does the opposite to extreme. If the rate falls then things are moving Forward! Get a grip! Don't be so NEGATIVE all the Time!
I'm completing the best year I've ever had with my business! Next year looks to be Huge!
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chadau79 
Auburn Fan
Member since Sep 2009
1929 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:20 am to Lsut81)
How many months of 500k dropping from the workforce puts us below 6%?
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baybeefeetz
the now
Member since Sep 2009
11695 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:21 am to Lsut81)
what does the stock market think of this, if they think of it at all?
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los angeles tiger
LSU Fan
1,601 miles from Tiger Stadium
Member since Oct 2003
54388 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:23 am to NC_Tigah)
This is one of favorite Obama journalist spins on this:
quote:
And the unemployment rate fell to a four-year low in November from 7.9 percent in October mostly because more people stopped looking for work and weren't counted as unemployed.
Next we'll hear about how the death rate in our nation has dropped. It drops because the people who stopped living weren't counted as having died.
This post was edited on 12/7 at 8:25 am
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Lsut81
LSU Fan
Member since Jun 2005
54980 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:24 am to baybeefeetz)
Seriously, how low can workforce participation go???
Just imagine where it will be when season workers are laid off, citi fires their 11k they are planning on plus all the others slashing head counts come the new year.
62%?
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SilverSpurs13
LSU Fan
Baton Rouge, LA
Member since Aug 2011
1013 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:24 am to Progress)
Bull shite. Obama's cronies must factor in the number of people getting benefits as "employed." I refuse to believe he can do something right!
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DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
6214 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:31 am to TenTex)
quote:
Has the formula for figuring the jobless rate changed? No!
The participation rate is as low as it has been in 30 years...hence the percentile discrepancy. You are either a total hack, willfully ingorant or just plane ignorant if you believe this number is apples to apples as compared to the last 25 years of employment reporting.
quote:
"Same old, same old. The government managed to get the unemployment rate down by shrinking the labor force and convincing a lot of people they're better off collecting unemployment benefits or living off welfare than working," said Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. "It's more bogus government numbers."
LINK
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TOPAL
LSU Fan
Member since Mar 2010
644 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:35 am to DeltaDoc)
Correct, use W Bush participation and the rate is 11.2%. MSM will not mention that to the sheeple.
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mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
7742 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:38 am to DeltaDoc)
I will never ubderstand how someone who is of working age and not 100% disabled can NOT be counted as unemployed just because that person is no longer collecting a gubmint check.
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JoBoo
LSU Fan
Ethiopian-American
Member since Jul 2005
4504 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:41 am to Lsut81)
quote:
No fricking way that number is a real number
Just like there was no way Obama was leading in the polls!! Media bias! Media bias!
Righties, your schtick is getting old...
Repubs must hate this. Good news for America is bad news for the Republicans. 
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Lsut81
LSU Fan
Member since Jun 2005
54980 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:43 am to JoBoo)
quote:
Good news for America is bad news for the Republicans.
So workforce participation at 30yr lows and this being the reason for the rate to fall is good news for America?
You're a fricking moron
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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
17420 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:44 am to TenTex)
quote:
It's all negative spin. MSNBC is does the opposite to extreme. If the rate falls then things are moving Forward! Get a grip! Don't be so NEGATIVE all the Time!
I'm not negative ALL the time. In fact there was a month where the downward participation rate trend was bucked and the unemployment rate went up. My comment was, this is actually positive data but the headline is negative. This is a difficult concept for people not paying attention to grasp because there is an inverse relationship between the labor participation rate and the headline U3 number.
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RockyMtnTigerWDE .gif)
Miami (FL) Fan
RELIGEOUSLY (Big Word)
Member since Oct 2010
22826 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:44 am to Progress)
If only honesty was behind this number.
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udtiger
LSU Fan
Louisiana
Member since Nov 2006
18082 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:49 am to Progress)
Lies
Damned Lies
Statistics
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DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
6214 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:50 am to JoBoo)
quote:
Just like there was no way Obama was leading in the polls!! Media bias! Media bias! Righties, your schtick is getting old... Repubs must hate this. Good news for America is bad news for the Republicans
Please stop, I don't even know you and I am embarrassed for you.
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NC_Tigah
LSU Fan
Member since Sep 2003
40219 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 8:51 am to mtntiger)
quote:
I will never ubderstand how someone who is of working age and not 100% disabled can NOT be counted as unemployed
They are. Just not in the U3 number the press desires to report.
Statistics are like bikinis. What they reveal is interesting, but what they hide is vital.
The U3UE numbers are illustrative.
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Politiceaux
LSU Fan
Big Lake, LA
Member since Feb 2009
11834 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 9:01 am to mmcgrath)
quote:
US jobless rate falls to 7.7 percent,
quote:
The posters on here don't believe in polls.
But good for all of us!
and before I forget.. Forward!
I'm not asking a rhetorical question here: do you two believe that this was a real reduction? Do you believe that over 500k dropping out of the labor force is a legitimate point or is politically hackish? Do you think that looking past the 7.7 number and digging in is somehow being intellectually dishonest?
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JoBoo
LSU Fan
Ethiopian-American
Member since Jul 2005
4504 posts
| re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports (Posted on 12/7/12 at 9:01 am to Lsut81)
quote:
So workforce participation at 30yr lows and this being the reason for the rate to fall is good news for America?
More spin from America hating right wing nut jobs.
Demographic changes say hi. Workforce participation includes people 16-64. Well, as the baby boomers age into retirement, the percentage will drop, genius. The percentage fell steadily under Bush, but oddly, that was never brought up by morons like yourself.
Keep hoping for bad news, troll. It kills you that America is on the rebound, doesn't it? 
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