US jobless rate falls to 7.7 percent, a 4 year low, NBC reports | Page 2 | TigerDroppings.com
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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
28563 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports

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


Lsut81
USA Fan
Member since Jun 2005
65951 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports


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???



TenTex
LSU Fan
Member since Jan 2008
14430 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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!


chadau79
Auburn Fan
Member since Sep 2009
2768 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
How many months of 500k dropping from the workforce puts us below 6%?


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baybeefeetz
LSU Fan
Member since Sep 2009
16459 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
what does the stock market think of this, if they think of it at all?



los angeles tiger
LSU Fan
1,601 miles from Tiger Stadium
Member since Oct 2003
55976 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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


Lsut81
USA Fan
Member since Jun 2005
65951 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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
1032 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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
9931 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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



TOPAL
LSU Fan
Member since Mar 2010
935 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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
9612 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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.


JoBoo
LSU Fan
Ethiopian-American
Member since Jul 2005
4591 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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.


Lsut81
USA Fan
Member since Jun 2005
65951 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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


GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
28563 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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
Auburn Fan
PosiBarner CO-Captain
Member since Oct 2010
51682 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
If only honesty was behind this number.


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udtiger
LSU Fan
Louisiana
Member since Nov 2006
29278 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
Lies
Damned Lies
Statistics



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DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
9931 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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
57865 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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.


Politiceaux
LSU Fan
Member since Feb 2009
15792 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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?


JoBoo
LSU Fan
Ethiopian-American
Member since Jul 2005
4591 posts

re: US jobless rate falls to 7.7 percent, a 4 year low, NBC reports
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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