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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
22599 posts

re: Jobs decline in September, prior months revised downward
Muh Labor Participation Rate.


HailHailtoMichigan!
Michigan Fan
Trabuco Canyon, CA
Member since Mar 2012
39574 posts
 Online 

re: Jobs decline in September, prior months revised downward
Here's a wtf stat:

The number of full time jobs surged by 935k in September according to the household survey of this report, the highest since before the 21st century

Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/10/01/full%20timehistorical.jpg




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11
Lakeboy7
LSU Fan
New Orleans
Member since Jul 2011
13192 posts
 Online 

re: Jobs decline in September, prior months revised downward
The 1% is about to withdraw that maga money


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12
olddawg26
Georgia Fan
Member since Jan 2013
15962 posts

re: Jobs decline in September, prior months revised downward


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01
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
31968 posts

re: Jobs decline in September, prior months revised downward
quote:

If unemployment went down, and jobs did as well, then that simply means that the.2% who dropped off unemployment did so without finding a job. Their unemployment payments simply ran out.
it means participation dropped, which isn’t a good thing.

Shoulda got Healthcare done...


HailHailtoMichigan!
Michigan Fan
Trabuco Canyon, CA
Member since Mar 2012
39574 posts
 Online 

re: Jobs decline in September, prior months revised downward
Participation rose from 62.9 to 63.1%


Taxing Authority
LSU Fan
Houston
Member since Feb 2010
31968 posts

re: Jobs decline in September, prior months revised downward
quote:

Participation rose from 62.9 to 63.1%
Indeed. I was wrong. I’ll have to dig into the numbers.


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01
LSU Patrick
LSU Fan
Member since Jan 2009
39765 posts

re: Jobs decline in September, prior months revised downward
quote:

We lost 33,000 jobs last month,


Hmmmm. I wonder what might have happened to contribute to this?


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bobby_3_sticks
LSU Fan
Member since Oct 2017
245 posts

re: Jobs decline in September, prior months revised downward
quote:

No it certainly isn't . It's exactly how the Obama Administration played with the numbers the entire time they were in power.


Cahoots is wrong. And the unemployment rate and the job losses come from two different sources.

They often times are at odds. Usually the culprit is more people starting to seek or not seek jobs, and thus changing the denominator.



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10
Loserman
LSU Fan
Member since Sep 2007
8189 posts
 Online 

re: Jobs decline in September, prior months revised downward
quote:

unemployment dropped from 4.4 to 4.2% even with the downward spiral


Kicking Mexican's out...



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10
GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
38627 posts
 Online 

re: Jobs decline in September, prior months revised downward
quote:

Summary:


That is the weakest, most agenda driven summary of the link anyone could have come up with.


cahoots
LSU Fan
Red Stick
Member since Jan 2009
4675 posts

re: Jobs decline in September, prior months revised downward
quote:

That is the weakest, most agenda driven summary of the link anyone could have come up with.


The BLS report and my summary basically blame the losses on the hurricanes, snowflake. I didn't even mention Trump or Reublicans lol.
This post was edited on 10/6 at 12:24 pm


GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
38627 posts
 Online 

re: Jobs decline in September, prior months revised downward
Snowflake? You called out the least impactful part of the entire report, which was extensive. Sorry calling out your shitty "summary" got you all hot and bothered.

Let me summarize Troy's weekend: Defense gives up 21 points, big plays, opponent's ranking revised down.


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21
90proofprofessional
LSU Fan
Member since Mar 2004
18127 posts

re: Jobs decline in September, prior months revised downward
quote:

The aberrations, as you call it, started back in 2009 with interpreting unemployment rates that had never been interpreted like that before.

where did this persistent lie originate?


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Bullethead88
LSU Fan
Half way between LSU and Tulane
Member since Dec 2009
4202 posts

re: Jobs decline in September, prior months revised downward
quote:

No it certainly isn't . It's exactly how the Obama Administration played with the numbers the entire time they were in power.

My guess is that without the bogus disability claims we all know happened from 2008-2015 the UE rate would have been double what it was.

Obama didn't play with the unemployment numbers - that's just a Republican wives' tale. The unemployment numbers under Obama were figured the same way they always were.

As far as disability claims, the standards for disability were the same under Obama as they were under Bush. Obama didn't change the standards - that's another Repub wives' tale.

Disability claims alway go up during recessions, since the out of work are searching for other means of support. Yes, disability claims went up during the 2009-10 recession, but that increase was exacerbated by severity and length of the recession, and the fact that American workers were aging, and therefore more susceptible to conditions that would qualify them for disability.

Check the cool aid before you drink it.


The_Duke
Member since Nov 2016
966 posts

re: Jobs decline in September, prior months revised downward
quote:

Tell me how to rewrite the OP then and I'll edit


ONly make posts that are Pro Trump---anything else is fake!


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11
bfniii
LSU Fan
Member since Nov 2005
8330 posts

re: Jobs decline in September, prior months revised downward
quote:

Obama didn't play with the unemployment numbers - that's just a Republican wives' tale.
well, the wh insistently fed the media the u6 number which is almost meaningless. the u3 is a more revealing statistic and when looking at that, unemployment numbers during the obama administration weren't nearly as rosy as he was touting.

quote:

Check the cool aid before you drink it.
yeah right. insisting on using the u6 number isn't kool aid? ceteris parabis, the numbers since trump was elected have been better. ftr, i don't think a president is solely responsible for these numbers. however, a president can create a climate for these numbers to be better or worse.


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RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
15158 posts

re: Jobs decline in September, prior months revised downward
You should be embarrassed
quote:

In September, a steep employment decline in food services and drinking places

quote:

Employment in food services and drinking places dropped sharply in September (-105,000), as many workers were off payrolls due to the recent hurricanes. Over the prior 12 months, food services and drinking places had added an average of 24,000 jobs per month.

quote:

In September, health care added 23,000 jobs

quote:

Employment in transportation and warehousing increased by 22,000 in September.

quote:

Employment in financial activities added in September (+10,000)

quote:

In September, employment in professional and business services was up (+13,000).


You jump to post about an obvious blip on the screen, solely related to hurricane disruption?


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