April unemployment numbers

[Bowfinger]

You can expect it any time you wish to expect it. ...

This is why you guys get so little respect. Garbage in, garbage out. That would be forgivable except no matter how many times you get dumped on, you keep going back to Fox and its ilk for yet another load of garbage.

 

[Cozarkian]

Even the Daily Kos recognizes the actual unemployment rate should be 9.9%.

http://www.dailykos.com/story/2014/...April-Official-unemployment-rate-falls-to-6-3

 

[Bowfinger]

Even the Daily Kos recognizes the actual unemployment rate should be 9.9%.

http://www.dailykos.com/story/2014/...April-Official-unemployment-rate-falls-to-6-3

Yes, that's called the U6 rate. BLS provides it each month along with the widely reported U3 rate. It is the U3 rate that has generally been used by the media and others when discussing unemployment, however. The general consensus, right or wrong, seems to be that one shouldn't count as unemployed unless he's actually trying to find a job,

 

[werepossum]

This is why you guys get so little respect. Garbage in, garbage out. That would be forgivable except no matter how many times you get dumped on, you keep going back to Fox and its ilk for yet another load of garbage.

We go so little respect from you and Eskimospy and Jhhnn and others like you because you guys are literally unable to even conceive of a situation where the left is not totally and completely correct. After awhile, rational people recognize that arguing with you is a complete waste of time. I'll make my points and move on with the knowledge that providing any sort of proof is akin to taking a photograph for a blind person.

One can write a book on high energy particle physics and present it to a hog, but the hog is never going to progress past recognizing that it isn't a desirable food.

 

[Texashiker]

We go so little respect from you and Eskimospy and Jhhnn and others like you because you guys are literally unable to even conceive of a situation where the left is not totally and completely correct. After awhile, rational people recognize that arguing with you is a complete waste of time.

I completely agree with you.

Personally, I think the left is disconnected from everyday working people. What happens in the cities is a lot different than what is happening on main street America.

The left argues everything is great, obama kept his promises, economy is a complete recovery,,, while the numbers the left is using are fabricated.

Go out to rural America and try to get a good paying job. Heck, try to even find a medical specialist or good hospital in a rural America.

Liberals need to get out of the cities and see what life is really like.

 

[fskimospy]

We go so little respect from you and Eskimospy and Jhhnn and others like you because you guys are literally unable to even conceive of a situation where the left is not totally and completely correct. After awhile, rational people recognize that arguing with you is a complete waste of time. I'll make my points and move on with the knowledge that providing any sort of proof is akin to taking a photograph for a blind person.

One can write a book on high energy particle physics and present it to a hog, but the hog is never going to progress past recognizing that it isn't a desirable food.

"My inability to provide any evidence for the insane conspiracy theories I made up is your fault."

lol.

 

[fskimospy]

I completely agree with you.

Personally, I think the left is disconnected from everyday working people. What happens in the cities is a lot different than what is happening on main street America.

The left argues everything is great, obama kept his promises, economy is a complete recovery,,, while the numbers the left is using are fabricated.

Go out to rural America and try to get a good paying job. Heck, try to even find a medical specialist or good hospital in a rural America.

Liberals need to get out of the cities and see what life is really like.

According to the US Census bureau about 81% of the American population lives in urban areas. Who is really disconnected from everyday working people?

 

[Cozarkian]

Yes, that's called the U6 rate. BLS provides it each month along with the widely reported U3 rate. It is the U3 rate that has generally been used by the media and others when discussing unemployment, however. The general consensus, right or wrong, seems to be that one shouldn't count as unemployed unless he's actually trying to find a job,

No it isn't. The U6 rate was 12.3 in April. The 9.9 rate adds back in the people that are no longer included in either of those two rates.

 

[fskimospy]

No it isn't. The U6 rate was 12.3 in April. The 9.9 rate adds back in the people that are no longer included in either of those two rates.

What do you mean about what the unemployment rate "should" be? It's hard to see why we should assume continued workforce participation from people who aren't doing it.

The unemployment rate and the workforce participation rate are two different metrics that measure two very different things. That's the way it's supposed to work. To understand unemployment we should use both, but attempting to extrapolate one from an assumption about the other is probably a bad idea.

 

[Texashiker]

According to the US Census bureau about 81% of the American population lives in urban areas. Who is really disconnected from everyday working people?

The 81% gets to make decisions for us who live in rural areas?

 

[fskimospy]

The 81% gets to make decisions for us who live in rural areas?

That has nothing to do with what you wrote. You said people in cities didn't understand how 'every day working people'. I'm telling you that considering 4/5ths of America live in urban areas isn't it far more likely that YOU don't understand?

 

[Bowfinger]

"My inability to provide any evidence for the insane conspiracy theories I made up is your fault."

lol.

Exactly. This specific issue shouldn't even be a question, and is no way about right vs. left. The BLS provides great documentation on their methodology and is (seemingly) transparent in explaining how and when they change it. Unless the allegation is BLS is engaged in a secret conspiracy, it would be easy to review the BLS documentation and point to the methodology change supporting Werepossum's allegation.

I've reached the conclusion the key word here is, in fact, conspiracy. These guys have increasingly become like Stewox, conspiracy nuts who reject facts and data, and who rely on disreputable sources to support their paranoia. Just like Stewox, all contradictory facts are rejected as part of the conspiracy. No matter how many times their sources are refuted and discredited, they go back to them for more because it's the only place they can get their fix. Indeed, the biggest difference between the nutter bubble sources and Alex Jones is that the nutters have the critical mass to be extremely profitable in fleecing their rubes. Jones can only dream.

 

[Bowfinger]

No it isn't. The U6 rate was 12.3 in April. The 9.9 rate adds back in the people that are no longer included in either of those two rates.

OK, my mistake. I didn't check the latest U6 before posting. But to be clear, you're suggesting the higher U6 rate is wrong because it doesn't "add back in" the people included in the lower 9.9 number? Must be the new math.

 

[werepossum]

"My inability to provide any evidence for the insane conspiracy theories I made up is your fault."

lol.

On the other hand, a belief that one party is 100% correct both morally and practically about every conceivable issue and roughly half the nation is either too stupid or too insane to recognize this - yet somehow still able to generate wealth which must of course be seized for their own good - is a perfectly sane and consistent world view.

 

[trenchfoot]

Meanwhile, those folks who predicted that the nation would experience a holocaust of biblical proportions because Obama could/should'n't but did win the presidential election......twice, are nowhere to be found. Now, just because Bush did it doesn't mean the next guy will.

Oh wait...I found those disaster soothsayers. They're now denying/ignoring anything good that's happening to the nation so long as a Dem sits in the White House. Go figure. lol

Perspective; it's all a matter of perspective. How does that saying go again?

"The pessimist sees the cup as half empty, the optimist sees the cup as half full. The engineer sees that the cup is twice as big as it should be."

 

[fskimospy]

On the other hand, a belief that one party is 100% correct both morally and practically about every conceivable issue and roughly half the nation is either too stupid or too insane to recognize this - yet somehow still able to generate wealth which must of course be seized for their own good - is a perfectly sane and consistent world view.

Holding yet another delusional view about what I think doesn't excuse your other delusional views about far reaching conspiracies.

 

[Fanatical Meat]

I completely agree with you.

Personally, I think the left is disconnected from everyday working people. What happens in the cities is a lot different than what is happening on main street America.

The left argues everything is great, obama kept his promises, economy is a complete recovery,,, while the numbers the left is using are fabricated.

Go out to rural America and try to get a good paying job. Heck, try to even find a medical specialist or good hospital in a rural America.

Liberals need to get out of the cities and see what life is really like.

Good generalization. I'm pretty left of center and Obama has been a disappointment for the last few years. NSA, not selling/explaining ACA, no tax deal, no real jobs package. However I do recognize that few very obstinate very loud voices have essentially made compromise impossible.
Back to the report. The numbers are good but not great. Unemployment is dropping but salaries are flat. The first step to getting better salaries is to get everyone working. The Fed keeps saying they need help fixing unemployment but they end up with no help. I wonder how much better things could be if we had a Senate & House that worked the majority of the year and were capable of working toward a common broad goal.

 

[Texashiker]

That has nothing to do with what you wrote. You said people in cities didn't understand how 'every day working people'. I'm telling you that considering 4/5ths of America live in urban areas isn't it far more likely that YOU don't understand?

What you think of as "work" is different than what I think of.

Where do you think the lumber for your home came from? The trees are "magically" cut down, hauled to the mill, made into boards then just magically appear in the lumber stores?

Companies can get off paying low wages because people out here are almost begging for a job.

Rural America needs our factories back.

As for the jobs report, the recovery is dependent on the baby boomers leaving the job market, and the recovery is dependent on young adults living with mom and dad.

Go look at the unemployment rates for the late teens and early 20. What is it, close to 18%?

 

[berzerker60]

What you think of as "work" is different than what I think of.

Where do you think the lumber for your home came from? The trees are "magically" cut down, hauled to the mill, made into boards then just magically appear in the lumber stores?

Companies can get off paying low wages because people out here are almost begging for a job.

Rural America needs our factories back.

As for the jobs report, the recovery is dependent on the baby boomers leaving the job market, and the recovery is dependent on young adults living with mom and dad.

Yes, let's base our entire nation around a small minority in rural areas doing physical labor rather than the vast majority in urban areas, many of whom also do physical labor, because

 

[Texashiker]

Yes, let's base our entire nation around a small minority in rural areas doing physical labor rather than the vast majority in urban areas, many of whom also do physical labor, because

We need a balanced job market.

Not just a recovery that focuses on certain demographics.

Every president from Nixon to obama has focused on one thing, and that is screwing over the working class.

All obama has to say is "China, we are taking our factories back." Instant recovery. He is not going to do that because he is wall streets bitch, just like clinton and both the bushes were.

 

[fskimospy]

What you think of as "work" is different than what I think of.

Where do you think the lumber for your home came from? The trees are "magically" cut down, hauled to the mill, made into boards then just magically appear in the lumber stores?

Companies can get off paying low wages because people out here are almost begging for a job.

Rural America needs our factories back.

As for the jobs report, the recovery is dependent on the baby boomers leaving the job market, and the recovery is dependent on young adults living with mom and dad.

Go look at the unemployment rates for the late teens and early 20. What is it, close to 18%?

I don't care what you think of as 'work', but nice attempt at devaluing others and basically declaring that people in cities aren't working. Did you know that about 85% of US GDP is generated in cities? Seems odd to deride about 5/6ths of America's output as not 'work'.

You're just out of touch with what everyday Americans actually are. You assume everyone's like you, but they aren't. In fact, the vast majority aren't.

 

[Texashiker]

I don't care what you think of as 'work', but nice attempt at devaluing others and basically declaring that people in cities aren't working.

Did the little liberal get his feelings hurt?

Good.

Obama was never about hope and change. He is bending the working class over so wall street can keep screwing us up the ass. Just like what regan, both the bushes and clinton did.

It is the same ole crap just different president.

 

[trenchfoot]

Good generalization. I'm pretty left of center and Obama has been a disappointment for the last few years. NSA, not selling/explaining ACA, no tax deal, no real jobs package. However I do recognize that few very obstinate very loud voices have essentially made compromise impossible.
Back to the report. The numbers are good but not great. Unemployment is dropping but salaries are flat. The first step to getting better salaries is to get everyone working. The Fed keeps saying they need help fixing unemployment but they end up with no help. I wonder how much better things could be if we had a Senate & House that worked the majority of the year and were capable of working toward a common broad goal.

Will never happen because the Repubs in Washington seem hellbent on singularly pursuing the interests of the rich, while the Dems out there are attempting to simultaneously represent the interests of the rich and the middle class/poor.

So what we end up getting is a solid block of Congress critters having their cake with champagne while uproariously laughing about some kind of trickle down joke they started and a seemingly conflicted half baked lot of them trying to have their cake and eating it too.

 

[fskimospy]

Did the little liberal get his feelings hurt?

Good.

Coming from the guy who screams like a stuck pig every time someone calls him an idiot, this is pretty humorous.

Seems like you've long since lost touch with reality.

 

[Texashiker]

Coming from the guy who screams like a stuck pig every time someone calls him an idiot, this is pretty humorous.

Seems like you've long since lost touch with reality.

Where is this hope and change obama promised us?

The jobs market sure has not changed. Our factories are still in china, wall street is still making massive profits, all while our bridges and roads fall apart.

Not a single person has been charged with the collapse of 2008.

The federal reserve is printing money out of thin air.

Trade sanctions being lifted on Iran

Obama has no foreign policy.

We have no hope and all we are being left with is spare change.