War is Peace...!
Last months chocolate ration of 4 grams will be raised to 3 grams this month...!
doubleplusgood...!
how does the rate fall?
people giving up looking for work even when their benefits expire?
We all know the numbers are fudged. They are fudged and they are still really bad.
The talking heads at CNBC said the labor force participation rate dropped. That is a much better measure than the manipulated unemployment rate.
I will post this every time.
You only have to work ONE HOUR, EVEN BABYSITTING , DURING THE REFERENCE WEEK TO BE CONSIDERED EMPLOYED.
I’m linking to a Kos Kids thread, not because I hate the people here, but everyone needs a good laugh. The first two posts are by a couple of drones who have not been informed of the party line for the day, Kostards to the core. Also the racialists of the Left included a race employment chart at the bottom of the article.
Mortgage rates have bumped up plus schools are starting means home sales will drop.
Per Stuart Varney on FoxNews,
job creation is anemic
nearly 1/4 million drop out of workforce, many due to retirement, many due to no jobs available, thus being the cause for the reduction in the unemployment rate
many went from full-time to part-time, possibly due to impending Obamacare implementation
The regime mouthpieces and the state run media outlets will continually trumpet the 7.4% figure this weekend, while ignoring these facts:
1. 63.4% labor participation rate - only 63.4% of the workforce is actually "working";
2. a record number of part time jobs being included in the stats - thanks to 0bamasare;
3. Nearly a quarter million dropped out of the workforce during this period and are no longer counted, bringing the total who have given up looking for work to a new record;
The low information voters, 0bama's core constituents, cannot and WILL NOT, understand these facts and their ramifications.
Despite 0bama's seeming incompetence, he is right on track for the destruction of America!
Every “economist” who meekly accepts this obvious fraud every month should be publicly ridiculed. The “great” June numbers were revised downward, as usual. These Labor Dept. statistics are just about as real as those put out by the other Communist countries.
The administration is passing around "Phony" numbers.
All that these bogus reports do is piss off more Americans every month. That is good... when enough Americans become truly pissed then DC will change.
LLS
By election time it’ll be at 0.1%!! I can hardly wait! My unicorn only sh##’s green Skittles!
Fed BS.
Obamacare Full Frontal: Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time
“When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society. This slow conversion accelerated drastically in the last few months, and especially in June, when part time jobs exploded higher by 360K while full time jobs dropped by 240K. In July we are sad to report that America’s conversation to a part-time worker society is not “tapering”: according to the Household Survey, of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time. The rest were... not.”
Check out the graphs at the link.
Why don’t we hear this from the MSM?!
Is this the result of his hiring—how many is it—to go door to door and tell families about Obamacare? Many of these are the same who go door to door prior to elections, and take people to the polls.
Point made by Starboard in the original thread on this story:
A ZH poster made the point that in a normal world people would look at this weak number (162K) and say the Fed has been doing everything in their power, yet the numbers after 5 years are still bad.
One thing at this point should be perfectly clear: Trillions of dollars spent by the central planners have failed to improve the economy. We will pay a very high price in the future for this epic failure and the resulting economic distortions.
We recognized this as so much Obama bullshit.
I was furloughed last week and may be losing my job.....will have to wait and see. Obozo is doing everything he can do destroy this economy.
Remember: 300K + jobs created a month and less than 6 percent unemployment was the WORST ECONOMY SINCE THE DEPRESSION!
Wasn’t that the lefty mantra? They must really think we have no memories of 5 years ago.