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Started By
Message
Unemployment rate ticks up to 6.2%
Posted on 8/1/14 at 9:54 am
Posted on 8/1/14 at 9:54 am
4
Posted on 8/1/14 at 9:58 am to EthanL
Meanwhile, in the real world, unemployment is closer to 10%
Posted on 8/1/14 at 9:58 am to EthanL
Good Morning America told me that an uptick in the unemployment rate was an excellent sign of improvement because it meant people were looking for work again. These numbers are all complete bullshite.
Posted on 8/1/14 at 10:04 am to upgrayedd
quote:
Good Morning America told me that an uptick in the unemployment rate was an excellent sign of improvement because it meant people were looking for work again. These numbers are all complete bullshite
Why do you say that? Just because when the rate falls "they" tell us that's good and then when the rate rises "they" also tell us its good doesn't mean it's BS!!!!!
Posted on 8/1/14 at 10:08 am to upgrayedd
quote:
Good Morning America told me that an uptick in the unemployment rate was an excellent sign of improvement because it meant people were looking for work again. These numbers are all complete bullshite.
well the rates are so fudged that its difficult to determine what is really going on.
but in general I would actually agree with GMA. if people who were discouraged from looking for work actually started to look for work, that is good news for all of us.
the problem is these stats are so easily manipulated. But why would the gov't manipulate the number up? It wouldn't benefit the dems in this instance.
Posted on 8/1/14 at 10:10 am to doubleb
quote:
Why do you say that? Just because when the rate falls "they" tell us that's good and then when the rate rises "they" also tell us its good doesn't mean it's BS!!!!!
Because it's a blatant admission of cooking the books. "They" essentially said that "they" don't count people who are unemployed and who aren't looking for work. That doesn't give me any confidence in any numbers "they" put out because they are constantly manipulated and spun for the better.
2.4% unemployment rate? Excellent!!!
19.8% unemployment rate? Excellent!!
Posted on 8/1/14 at 10:14 am to Hawkeye95
quote:
But why would the gov't manipulate the number up? It wouldn't benefit the dems in this instance.
I don't want to sound completely jaded or pessimistic but maybe they couldn't possibly stretch the numbers any further than 6.2%.
Posted on 8/1/14 at 10:14 am to upgrayedd
quote:
Because it's a blatant admission of cooking the books.
Unemployment benefit applicants also rose to 320,000 last week.
Posted on 8/1/14 at 10:19 am to upgrayedd
Things were really bad for 4-5 years. And it was reported as really bad during that time. Why is it so difficult to believe that things might be turning around now?
Are you jobless?
Is your portfolio suffering?
Are you experiencing economic hardships?
There is a constant stream, from the same posters on this board, to downplay, scoff at, or mock good news. When there was 4 to 5 years of bad news, they were cursing Obama, his policies, foretelling a double-dip recession, a possible depression, and a new Administration for 2012 and beyond.
None of those things happened.
So. I ask the question again: is it that you are personally suffering individual hardship that makes you scorn unemployment numbers now and whatever good economic news we get....or do you just hate Obama that much, and are still licking your wounds, along with Mitt Romney, from 2012?
Try to be honest. This may prove therapeutic.
Are you jobless?
Is your portfolio suffering?
Are you experiencing economic hardships?
There is a constant stream, from the same posters on this board, to downplay, scoff at, or mock good news. When there was 4 to 5 years of bad news, they were cursing Obama, his policies, foretelling a double-dip recession, a possible depression, and a new Administration for 2012 and beyond.
None of those things happened.
So. I ask the question again: is it that you are personally suffering individual hardship that makes you scorn unemployment numbers now and whatever good economic news we get....or do you just hate Obama that much, and are still licking your wounds, along with Mitt Romney, from 2012?
Try to be honest. This may prove therapeutic.
This post was edited on 8/1/14 at 10:21 am
Posted on 8/1/14 at 10:20 am to EthanL
saw an economist the other day that laughed at the reported numbers, said the real number for full time employment is around 18%
Posted on 8/1/14 at 10:27 am to dantes69
quote:
saw an economist the other day that laughed at the reported numbers, said the real number for full time employment is around 18%
The fail is strong in this one, and the argument in general.
The unemployment number has ALWAYS been the unemployment number.
Where I work, if you work up to 36 hours a week, or 72 every 2 weeks, it is considered full time.
Part-time is 30 hours a week or less.
People try to make this disparity between part and full time such a big deal. My sister has been working par time for 15 years now. She owns a house, a nice SUV, and travels the world (like Aussie in a few months). She doesn't have the family obligations I have, so yeah, I work 15 to 20 hours more than her every two weeks...but she still makes good money part-time AND has good benefits!
This post was edited on 8/1/14 at 10:28 am
Posted on 8/1/14 at 10:32 am to EthanL
quote:
hings were really bad for 4-5 years. And it was reported as really bad during that time. Why is it so difficult to believe that things might be turning around now?
Are you jobless?
Is your portfolio suffering?
Are you experiencing economic hardships?
There is a constant stream, from the same posters on this board, to downplay, scoff at, or mock good news. When there was 4 to 5 years of bad news, they were cursing Obama, his policies, foretelling a double-dip recession, a possible depression, and a new Administration for 2012 and beyond.
None of those things happened.
So. I ask the question again: is it that you are personally suffering individual hardship that makes you scorn unemployment numbers now and whatever good economic news we get....or do you just hate Obama that much, and are still licking your wounds, along with Mitt Romney, from 2012?
Try to be honest. This may prove therapeutic
I figured you were very simplistic in your thread title for a reason...so you could set the trap to unload on the first person that said anything skeptical about the UE numbers. Get a life. Oh, and I didn't vote for MR either.
I don't believe those numbers when they're put out from any side of the aisle. The truth is that these numbers are manipulated - by both sides - to the point where they are almost fictional.
Keep taking the blue pill, Ethan. Ignorance is bliss!
Posted on 8/1/14 at 10:33 am to EthanL
quote:
is it that you are personally suffering individual hardship that makes you scorn unemployment numbers now and whatever good economic news we get....
This is the thing about you guys defending the Obama economy. I'd imagine most posters on here are somewhat better off but we don't look at the big picture from an individual standpoint like you do. We look more down the road than you do as a whole. You look at today, we look at tomorrow. Take out the 85 million per month the government is saturating the economy with and you think all would still be well?
This is nothing but a "rob Peter to pay Paul" economy imo.
Posted on 8/1/14 at 10:38 am to EthanL
Good for her, but there's a HUGE difference between CHOOSING part time work and being FORCED into it.
Obamacare is destroying the full time job and Liberals still clap like retarded seals for that shitty law.
Obamacare is destroying the full time job and Liberals still clap like retarded seals for that shitty law.
Posted on 8/1/14 at 10:39 am to upgrayedd
quote:
I don't want to sound completely jaded or pessimistic but maybe they couldn't possibly stretch the numbers any further than 6.2%.
if you are manipulating statistics, and given the 4% print on Weds and the growth in jobs in may/june, I don't see it as being too hard to cook it further.
Posted on 8/1/14 at 10:41 am to upgrayedd
quote:
I figured you were very simplistic in your thread title for a reason...so you could set the trap to unload on the first person that said anything skeptical about the UE numbers. Get a life. Oh, and I didn't vote for MR either. I don't believe those numbers when they're put out from any side of the aisle. The truth is that these numbers are manipulated - by both sides - to the point where they are almost fictional. Keep taking the blue pill, Ethan. Ignorance is bliss!
Check my post history. If someone has not done it yet, I post the UE number, good or bad every month. For me it's one of the few facts to be discussed as a talking point throughout the day. I hate opinion threads where everyone is predictably posting for "their team". This news item is faithful, and comes out once a month, with little to no bias attached to it.
It has been mostly bad for the last 6?years, and much was made of that. So now that it is somewhat decent, we can't talk about it? 85 billion being pumped in seems to mean something. Maybe it is artificial.
But the economy remains the big check as to whether every or anything gets better, for everyone involved.
So yeah I don't dismiss it on party lines. Sorry.
Posted on 8/1/14 at 10:42 am to Homesick Tiger
And for those of us who have children, the outlook is discouraging and dismal. It is getting increasingly difficult to tell a child to study and work hard so he can get a good job when examples of kids we know who graduated at the top of their college class with practical degrees like engineering have needed 6 months or more to find an entry job in their field. Any smart kid whose parents are involved will look at the current picture and become really bummed about his/her outlook.
Posted on 8/1/14 at 10:46 am to upgrayedd
quote:
I don't believe those numbers when they're put out from any side of the aisle. The truth is that these numbers are manipulated - by both sides - to the point where they are almost fictional.
So I will ask again to you, and to the poster who said as opposed to liberals, conservatives look at the big picture. Since the books have been cooked since before UE time, what is your indicator of economic recovery and a improvement over the past few years of misery?
Is it your personal experience with economic hardship?
Is it your position as an employer, or the fact that you are an economist?
What data or experiences are you subjected to to say otherwise and spot cooked numbers like these?
Help me out where I need more faith.
Posted on 8/1/14 at 10:47 am to upgrayedd
quote:
figured you were very simplistic in your thread title for a reason
What else should I have said?
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