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re: 12 hours until December unemployment and jobs reports - guesses?
Posted on 1/10/14 at 9:03 am to Tigerstudent08
Posted on 1/10/14 at 9:03 am to Tigerstudent08
I see this is great news. The employment picture is getting better and better each unemployment rate just dropped way below 7 and the trend is our friend.
Certainly no one can justify an emergency bill to extend unemployment in this economic boom can they?
Certainly no one can justify an emergency bill to extend unemployment in this economic boom can they?
0
Posted on 1/10/14 at 9:07 am to GumboPot
quote:
So it is entirely clear that this economy is reducing it's unemployment rate by simply counting less participants.
Answer this: which has fallen by a greater % in those 2 charts
1. The unemployment rate
2. The labor participation rate
Posted on 1/10/14 at 9:18 am to Powerman
quote:
Answer this: which has fallen by a greater % in those 2 charts
They've fallen at almost identical rates.
Posted on 1/10/14 at 9:20 am to BugAC
quote:
They've fallen at almost identical rates.
hmmmm....
Posted on 1/10/14 at 9:21 am to GumboPot
Seriously just take a look at the graph. At peak unemployment we were at 10% and now down to roughly 7%
That's a 30% drop
At the same time the labor force participation rate was a hair ovr 65%, but for the sake of argument let's say 65.5%
Now it's at ~62.7%
So the UE rate drops 30% and the labor participation rate drops about 4.3%
I'm supposed to be outraged how exactly?
That's a 30% drop
At the same time the labor force participation rate was a hair ovr 65%, but for the sake of argument let's say 65.5%
Now it's at ~62.7%
So the UE rate drops 30% and the labor participation rate drops about 4.3%
I'm supposed to be outraged how exactly?
Posted on 1/10/14 at 9:25 am to Powerman
quote:
So the UE rate drops 30% and the labor participation rate drops about 4.3%
Posted on 1/10/14 at 9:26 am to Powerman
From what I can tell:
Labor participation rate
June 2009 65.7
Jan 2014 62.8
-2.9%
Unemployment rate
June 2009 9.5
Jan 2014 6.7
-2.8%
Labor participation rate
June 2009 65.7
Jan 2014 62.8
-2.9%
Unemployment rate
June 2009 9.5
Jan 2014 6.7
-2.8%
Posted on 1/10/14 at 9:26 am to Powerman
quote:
Seriously just take a look at the graph. At peak unemployment we were at 10% and now down to roughly 7%
That's a 30% drop
Ignore my post then. I didn't realize you were an idiot.
Posted on 1/10/14 at 9:29 am to Powerman
Posted on 1/10/14 at 9:30 am to Powerman
quote:
At peak unemployment we were at 10% and now down to roughly 7%
That's a 30% drop
You aren't very good at math, are you?
Posted on 1/10/14 at 9:35 am to Powerman
Holy fail powerman. I mean freaking wow
Posted on 1/10/14 at 9:36 am to SettleDown
quote:
Holy fail powerman. I mean freaking wow
Posted on 1/10/14 at 9:37 am to BugAC
Just changed my sig quote
Posted on 1/10/14 at 9:38 am to Powerman
quote:
Seriously just take a look at the graph. At peak unemployment we were at 10% and now down to roughly 7%
That's a 30% drop
At the same time the labor force participation rate was a hair ovr 65%, but for the sake of argument let's say 65.5%
Now it's at ~62.7%
So the UE rate drops 30% and the labor participation rate drops about 4.3%
I'm supposed to be outraged how exactly?
When, 'Look at me everyone and how contrarian I can be!' goes wrong.
Posted on 1/10/14 at 9:43 am to BugAC
Wow, Powerman.
That may be the biggest fail in the history of the PoliBoard. I'm changing my sig as well.
That may be the biggest fail in the history of the PoliBoard. I'm changing my sig as well.
This post was edited on 1/10/14 at 9:44 am
Posted on 1/10/14 at 9:43 am to Powerman
(no message)
This post was edited on 1/24/14 at 12:56 am
Posted on 1/10/14 at 9:49 am to anc
It's a 30% reduction in the unemployment rate is it not?
Posted on 1/10/14 at 9:50 am to Powerman
quote:
It's a 30% reduction in the unemployment rate is it not?
just
stop
Posted on 1/10/14 at 9:51 am to Powerman
I refuse to help you on this one. This is totally worth the price of admission to see how long it takes u to figure out your fail. If anyone else helps, I will seek them out and kill them. LolPosted on 1/10/14 at 9:52 am to Powerman
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