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Started By
Message
Unemployment rate stays at 6.3%
Posted on 6/6/14 at 8:23 am
Posted on 6/6/14 at 8:23 am
2
Posted on 6/6/14 at 8:25 am to pistolpete23
Workforce participation dropped
Posted on 6/6/14 at 8:29 am to Lsut81
Yep that rate isnt close to legit
Posted on 6/6/14 at 8:31 am to Lsut81
quote:
Workforce participation dropped
ONLY reason the numbers are so "good."
I believe if there were the same number of workers today as in 2008, the UE would be over 10%.
Posted on 6/6/14 at 8:33 am to pistolpete23
At this point that percentage means almost nothing. Clearly its not indicative of a positive direction.
Posted on 6/6/14 at 8:43 am to Holden Caulfield
quote:
At this point that percentage means almost nothing
it is a shame that we have no recourse as citizens any longer.
And the vote them all out idea is long gone. there is nothing that can be done to turn the government back to the citizens.
Posted on 6/6/14 at 9:11 am to Mr.Perfect
quote:
And the vote them all out idea is long gone. there is nothing that can be done to turn the government back to the citizens.
I would love to be more optomistic than this, but sadly, i believe you are right
This post was edited on 6/6/14 at 9:12 am
Posted on 6/6/14 at 9:12 am to jorconalx
quote:
Yep that rate isnt close to legit
Nope. From the linked article:
quote:
Among the unemployed, the number of job losers and persons who completed temporary jobs declined by 218,000 in May. The number of unemployed reentrants increased by 237,000 over the month,
Even by the administration's own numbers, more people lost jobs than found them.
We are sooooo screwed it's beyond pathetic.
Posted on 6/6/14 at 9:28 am to Lsut81
quote:
Workforce participation dropped
Still a lot of people not working.
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