Where are all the jobs obama promised this fall?

[dullard]

Weekly unemployment claims much lower than expected - lowest in 2 years.

First time below 400,000 in several years. Moving in the right direction but I still question whether we are going to be like other countries and stagnate while we continue to offshore decent middle class jobs.

This graph is quite useful in jobless threads. There we can see exactly what has happened since Obama started (right before the peak). Jobless claims have been on a fairly steady decline ever since. The drops did pause for a few months earlier this year, but the drops have continued ever since.

The real true problem with the unemployment rate is that companies are sitting on $1 trillion in cash. They have all the money in the world to hire, but they won't. Short of taxing companies more for sitting on cash (or the equivalent taxing them less for spending it), there is nothing congress or the president can really do. They can't force a company to spend their gobs of cash and hire.

 

[Zebo]

Weekly unemployment claims much lower than expected - lowest in 2 years.

First time below 400,000 in several years. Moving in the right direction but I still question whether we are going to be like other countries and stagnate while we continue to offshore decent middle class jobs.

lol
That is, the unadjusted, actual number was 521,834. That's up 24,879 from the previous week.
http://market-ticker.org/akcs-www?post=176104

 

[Zebo]

This graph is quite useful in jobless threads. There we can see exactly what has happened since Obama started (right before the peak). Jobless claims have been on a fairly steady decline ever since. The drops did pause for a few months earlier this year, but the drops have continued ever since.

The real true problem with the unemployment rate is that companies are sitting on $1 trillion in cash. They have all the money in the world to hire, but they won't. Short of taxing companies more for sitting on cash (or the equivalent taxing them less for spending it), there is nothing congress or the president can really do. They can't force a company to spend their gobs of cash and hire.

That graph is BS. People fall off the rolls people are not interviewed etc.

The real graph that tells the story is labor force percentage statistics found here

http://www.bls.gov/data/

Looks like this:

 

[dullard]

The real graph that tells the story is labor force percentage statistics found here

http://www.bls.gov/data/

Looks like this:

Um, you do realise that the percent of people of working age (15-65) peaked in 2007 and is forcasted to never return. That labor force percentage is expected to slowly drop forever (barring some major change of events such as a disease that kills off all retired people).

 

[Zebo]

Um, you do realise that the percent of people of working age (15-65) peaked in 2007 and is forcasted to never return. That labor force percentage is expected to slowly drop forever (barring some major change of events such as a disease that kills off all retired people).

You don't understand what makes up the labor force.

 

[dullard]

You don't understand what makes up the labor force.

I understand fully. You just didn't link what you thought you were linking. Your original graph showed: # people working / total # of people. Now it is just a 404 website.