Non-Farm Payrolls Rise Less Than Exepcted, Up 115,000; Unemployment Rate at 8.1%

CNBC ^ | 05/05/12 | Unattributed

[tcrlaf]

“According to the Bureau of labor statistics, unemployment is at 14.5%.”

This is not the accepted Media Current Truth. You must be a RASSISS!

[Chgogal]

So, 360,000 people applied for unemployment, we gained 115,000 jobs and 520,000 left the job market. Because the job pool shrank by 520,000 (the denominator) the unemployment percentage decreased from 8.2% to 8.1%.

The above numbers come from different surveys. What you have to be aware of is the total job market is decreasing and this is VERY BAD.

This tells us that the job market is getting smaller and smaller. This is lucky for Obama because he can fool MSM and Dummycrats. Obama is saying that unemployment is going in the right direction when in reality there is NO JOB MARKET for people looking for jobs. Only 63.6% of Americans are in the labor force. It is disappearing. 88 Million Americans are not in the job force who should be in the job market. Unfreakinbelievable.

VERY BAD!

[mandaladon]

The best way to appear thinner? Hang around really fat people.

The best way to make the unemployment numbers look good? Have more and more people lose hope of finding employment and just give up.

[mandaladon]

Voodoo math. The only reason the unemployment rate continues to drop is because millions who want to work have stopped looking and are no longer counted as unemployed. Failure = success (at least in the eyes of the MSM).

[Lmo56]

THIS is what the MSM SHOULD be reporting - IF they had any integrity ...

Employment status:

1. Civilian noninstitutional population went from 242,604,000 in March to 242,784,000 in April. This is an INCREASE of 180,000.

2. Civilian labor force went from 154,707,000 in March to 154,365,000 in April. This is a DECREASE of -342,000.

3. Participation rate went from 63.8% in March to 63.6% in April. This is a DECREASE of -0.2%.

4. Employed went from 142,034,000 in March to 141,865,000 in April. This is a DECREASE of -169,000.

5. Employment-population ratio went from 58.5% in March to 58.4% in April. This is a DECREASE of -0.1%.

6. Unemployed went from 12,673,000 in March to 12,500,000 in April. This is a DECREASE of -173,000.

7. Unemployment rate went from 8.2% in March to 8.1% in April. This is a DECREASE of -0.1%.

8. Not in labor force went from 87,897,000 in March to 88,419 ,000 in April. This is an INCREASE of 522,000.

*****

Persons not in the labor force (not seasonally adjusted)

1. Marginally attached to the labor force went from 2,352,000 in March to 2,363,000 in April. This is an INCREASE of 11,000.

2. Discouraged workers went from 865,000 in March to 968,000 in April. This is an INCREASE of 103,000.

[fwdude]

Oh, no!!! We have offended the Great God “EXPECTED.”

[matt04]

I wonder how many of the soon to be and recent College grads will be smart enough to realize that, very likely, because if the way they voted they have very little hope of finding work.

Go to any chain store or other traditional high school/college job location. More and more older people are working PT because they got laid off or need to make ends meet and many of the “temporary” high school/college summer workforce has stayed.

[Anti-Bubba182]

Data extracted on: May 4, 2012 (9:50:23 PM)

Employment, Hours, and Earnings from the Current Employment Statistics survey (National)

Series Id:     CES0500000001
Seasonally Adjusted
Super Sector:  Total private
Industry:      Total private
NAICS Code:    -
Data Type:     ALL EMPLOYEES, THOUSANDS

Download:

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2002	109214	109055	108990	108894	108814	108826	108731	108675	108663	108771	108757	108587
2003	108644	108487	108288	108254	108273	108234	108232	108264	108425	108568	108605	108713
2004	108883	108915	109214	109437	109747	109841	109882	109984	110136	110463	110490	110623
2005	110718	110949	111094	111440	111583	111844	112124	112311	112395	112491	112795	112935
2006	113250	113535	113793	113958	113965	114045	114203	114348	114434	114439	114628	114794
2007	115023	115080	115252	115298	115419	115480	115476	115403	115423	115484	115559	115606
2008	115647	115511	115399	115184	114968	114737	114478	114184	113759	113279	112482	111824
2009	110985	110260	109473	108671	108359	107933	107637	107418	107234	107002	106960	106840
2010	106800	106773	106914	107107	107191	107283	107375	107503	107618	107814	107948	108088
2011	108207	108464	108725	108989	109097	109199	109374	109426	109642	109781	109959	110193
2012	110470	110724	110890(P)	111020(P)
P : preliminary

---

Series Id:     CES9000000001
Seasonally Adjusted
Super Sector:  Government
Industry:      Government
NAICS Code:    -
Data Type:     ALL EMPLOYEES, THOUSANDS

Download:

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2002	21377	21390	21431	21443	21514	21549	21544	21589	21546	21559	21581	21588
2003	21626	21624	21610	21595	21567	21606	21633	21556	21504	21558	21535	21546
2004	21538	21550	21588	21614	21614	21601	21606	21626	21635	21656	21692	21693
2005	21735	21744	21740	21754	21781	21763	21857	21863	21845	21829	21859	21879
2006	21847	21878	21903	21919	21926	21922	21973	22011	22082	22068	22083	22088
2007	22095	22131	22149	22175	22193	22207	22171	22226	22279	22297	22334	22376
2008	22376	22428	22445	22452	22478	22511	22560	22580	22573	22564	22558	22555
2009	22576	22577	22565	22675	22626	22570	22527	22515	22500	22530	22530	22479
2010	22479	22471	22519	22565	22997	22738	22588	22409	22267	22291	22278	22258
2011	22249	22212	22197	22184	22130	22112	22033	22066	22052	22025	22004	21993
2012	21991	21996	21984(P)	21969(P)
P : preliminary

There were more people working when Obama took office than are working now. (1/2009 vs 4/2012)

[KC Burke]

It is odd the NYT can’t find this.

[Anti-Bubba182]

They make it a point to not look.

[Anti-Bubba182]

Here is a link:

Data Retrieval: Employment, Hours, and Earnings (CES)

Just check the Total nonfarm Seasonally Adjusted box in Table B-1 down the page and it is easy to see. That is a good link to bookmark.

[KC Burke]

In certain states I believe that dropping below 8.2 triggers that extended benefits no longer apply for unemployment.

It’s a game an we are the pawns.

[ABHurst51]

Has this administration every done better than the analysts predict? And they revised every number downward a few weeks later.

500k jobs lost in April alone. This is astounding. Even for a liberal.

Obama must go. We can’t survive 4 more years.

[ichabod1]

And if the Republicans DO throw the communist out of the office, watch the economy take off like a bat out of hell the very day after the election and listen to the screeching and puling about the racism.

[servantboy777]

I read the release from the feds and all in the same sentence, they meekly praised a drop in the unemployment figure from 8.2% to 8.1% then acknowledged it was due to folks giving up looking for employment.

Proof positive Uncle Sugar is sugar coating.

[ecomcon]

What I'd really like to see is a comparison chart of people who are deriving the majority of their income from employment vs. those deriving their income from government benefits

I agree.

[emax]

Do conservatives have a culprit that they can demonstrate to people is causing the economy to stagnate like this ? How can they convince ordinary Americans that the economy is not improving like they might think it is and how can they prove that it actually isnt Wall Street and the CEOs and Conservative corporations not paying enough taxes that is causing this, but rather too much govt interference and Americans having to pull the weight of unproductive people in our society ? Remember, they need to be able to be convincing enough to counter Obama, that means conservatives need undeniable, unrefutable proof here; they are going up against a leader who can make them believe he can singlehandedly cure all of their cancers and bring the dead to life.

[onona]

Less Than Expected™

That brought a smile to my lips.

Good one.