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re: Trump team to use the U6 employment rate
Posted on 1/20/17 at 12:19 am to buckeye_vol
Posted on 1/20/17 at 12:19 am to buckeye_vol
Just force everybody into labor camps, problem solved no stats necessary! 
1
Posted on 1/20/17 at 12:38 am to gaetti15
quote:We'll designate Bamarep's re-education camps as labor and turn we'll kill two birds with one stone.
Just force everybody into labor camps, problem solved no stats necessary!
Posted on 1/20/17 at 12:46 am to MButterfly
quote:
The current U6 unemployment rate as of December 2016 is 9.20.
But Trump told us it is 42%. Obama sure worked some magic the last few months to drop from 42% to 9.2%.
Posted on 1/20/17 at 12:49 am to MButterfly
quote:
Trump will be going by the U6 number.
He should. A lot of people are under employed or have fallen out of the workforce.
Posted on 1/20/17 at 12:56 am to buckeye_vol
quote:
We'll designate Bamarep's re-education camps as labor and turn we'll kill two birds with one stone.
Ingenuity that will make this country MAGA!
Posted on 1/20/17 at 4:26 am to buckeye_vol
quote:
I have a few colleagues (some PhD level) who only work part time. Their significant others have great jobs, so part time is an ideal balance for them
I think there was a qualifier in the 'part time' statistic = working part time for economic reasons.
Clearly all the anecdotes presented thus far do not meet that qualifier.
Now how they determine that 'economic reasons' are the factor is not at all clear to me. Do they just guess?
Posted on 1/20/17 at 4:41 am to udtiger
quote:
He needs to make sure he explains this before they do it
I don't know if he'll be able to do that well enough to fend off the "Unemployment Went From 4.8% Under Obama to 9.6% Under Trump" headline two and three years from now.
Posted on 1/20/17 at 4:43 am to CaptainBrannigan
quote:
But Trump told us it is 42%.
When? And isn't that simply the inverse if the labor participation rate?
Posted on 1/20/17 at 5:07 am to MButterfly
Not in disagreement but link to where you've seen this. I haven't seen where he will make the switch.
Posted on 1/20/17 at 6:47 am to cameronml
quote:
So now everything's real since we have a President that just paid $500 million to settle with the UN with money he scammed ftom the American taxpayers? Makes sense.
FIFY
Posted on 1/20/17 at 6:49 am to MButterfly
Next he's gonna purge the welfare rolls
No idle hands in the Imperium of Man!
No idle hands in the Imperium of Man!
Posted on 1/20/17 at 6:50 am to dcbl
quote:
$25 blowjobs every 15 minutes doesn't really count...
Posted on 1/20/17 at 7:25 am to dcbl
quote:
than God for twitter - right?
When the company goes belly up what will Trump do?
Posted on 1/20/17 at 7:27 am to oklahogjr
Lol@liberals in this thread butt hurt because Trump wants more people to have jobs and is going to use a moral realistic measure to hold himself accountable.
Just lol
Just lol
Posted on 1/20/17 at 7:30 am to MButterfly
Here's how that will be understood by our highly educated population, "Trump just took office and unemployment is up already!!!"
Posted on 1/20/17 at 7:43 am to Strannix
This is one thing I can get behind
Did you just call Trump an adult?
quote:
Well we can't use the fake numbers anymore now that the adults are in charge.
Did you just call Trump an adult?
Posted on 1/20/17 at 7:47 am to Draconian Sanctions
Does anyone have a link?
And when did we switch from using the u6 method?
And when did we switch from using the u6 method?
This post was edited on 1/20/17 at 7:49 am
Posted on 1/20/17 at 7:49 am to MButterfly
quote:
Trump team to use the U6 employment rate
For what? To manage itself against? All numbers are published, U6 tracks U3 pretty closely and is down significantly since 2010. It's currently right around historic norms.
This post was edited on 1/20/17 at 7:58 am
Posted on 1/20/17 at 7:52 am to MButterfly
quote:
In listening to various people within the camp, Trump will be going by the U6 number.
quote:
U3 is the official unemployment rate. U5 includes discouraged workers and all other marginally attached workers. U6 adds on those workers who are part-time purely for economic reasons. The current U6 unemployment rate as of December 2016 is 9.20.
So unemployment is going to go from under 6% in Obama's last quarter to what, 9.5% in Trump's first quarter. Good luck explaining the nuance of that to people too busy playing Candy Crush and watching Dancing With The Stars to hear anything more than the unemployment rate has jumped 3.5%.
Trump's number may well be more accurate but all anyone is going to hear is that UE has increased...when the talking heads start to explain how the average person is going to go back to candy crush....
Posted on 1/20/17 at 7:53 am to ForeLSU
quote:
For what? To manage itself against? All numbers are published, U6 tracks U1 pretty closely and is down significantly since 2010. It's currently right around historic norms.
1.9 vs 9.2. Yep almost identical.
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