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Obamanomics: "less people working means less people applying for Unemployment means Unemployment numbers fall means economy is doing great...!"

War is Peace...!

Last months chocolate ration of 4 grams will be raised to 3 grams this month...!

doubleplusgood...!


1 posted on 08/02/2013 6:07:04 AM PDT by Mad Dawgg
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To: Mad Dawgg

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.


2 posted on 08/02/2013 6:09:53 AM PDT by GeronL
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To: Mad Dawgg

The talking heads at CNBC said the labor force participation rate dropped. That is a much better measure than the manipulated unemployment rate.


3 posted on 08/02/2013 6:11:45 AM PDT by Truth29
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To: Mad Dawgg

I will post this every time.

You only have to work ONE HOUR, EVEN BABYSITTING , DURING THE REFERENCE WEEK TO BE CONSIDERED EMPLOYED.


6 posted on 08/02/2013 6:13:48 AM PDT by autumnraine (America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
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To: Mad Dawgg

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.

http://www.dailykos.com/story/2013/08/02/1227060/-Report-for-July-weaker-than-expected-with-162-000-jobs-added-Jobless-rate-falls-to-7-4-U6-at-14#comments


9 posted on 08/02/2013 6:14:45 AM PDT by junta ("Peace is a racket", testimony from crime boss Barrack Hussein Obama.)
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To: Mad Dawgg

Mortgage rates have bumped up plus schools are starting means home sales will drop.


10 posted on 08/02/2013 6:15:15 AM PDT by moovova (Sell everything, folks. Be poised to run.)
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To: Mad Dawgg

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


11 posted on 08/02/2013 6:15:52 AM PDT by TomGuy (.)
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To: Mad Dawgg
U.S. Adds Just 162,000 Jobs in July, Rate Falls To 7.4%

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!

12 posted on 08/02/2013 6:17:15 AM PDT by The Sons of Liberty (A Quiet Rage is Building All Across America!)
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To: Mad Dawgg

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.


17 posted on 08/02/2013 6:21:01 AM PDT by txrefugee
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To: Mad Dawgg
Of the 162,000 jobs, 132,000 were estimated into existence by the CES Birth Death Model.
The underlying labor force was decreased by 37-thousand.
The labor participation rate is down another 1/10th to 63.4%.

The administration is passing around "Phony" numbers.

19 posted on 08/02/2013 6:21:21 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Mad Dawgg

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


25 posted on 08/02/2013 6:27:45 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Mad Dawgg

By election time it’ll be at 0.1%!! I can hardly wait! My unicorn only sh##’s green Skittles!


31 posted on 08/02/2013 6:45:13 AM PDT by albie (re)
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To: Mad Dawgg
Obamanomics: "less people working means less people applying for Unemployment means Unemployment numbers fall means economy is doing great...!"

This is exactly what they are reporting on news this morning - "New jobs were "Unexpectedly" below forecast but the bright side is the unemployment rate dropped under Dear Reader's brilliant guidance of America."
34 posted on 08/02/2013 6:58:02 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Mad Dawgg

Fed BS.


36 posted on 08/02/2013 7:02:10 AM PDT by RetiredArmy ("As in the days of Noah, so it will be at the coming of Man." The LORD said it would be like this.)
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To: Mad Dawgg

Obamacare Full Frontal: Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time

http://www.zerohedge.com/news/2013-08-02/obamacare-full-frontal-953000-jobs-created-2013-77-or-731000-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?!


38 posted on 08/02/2013 7:06:22 AM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: Mad Dawgg

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.


43 posted on 08/02/2013 7:29:35 AM PDT by sarasota
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To: All; Starboard

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.


49 posted on 08/02/2013 8:01:11 AM PDT by John W (Viva Cristo Rey!)
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To: Mad Dawgg

We recognized this as so much Obama bullshit.


53 posted on 08/02/2013 8:20:01 AM PDT by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: Mad Dawgg

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.


56 posted on 08/02/2013 11:55:46 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Mad Dawgg

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.


57 posted on 08/02/2013 12:46:46 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Mad Dawgg
Let's look at *all* the stats.Total workforce 2013 vs 2008...total number employed (full time *and* part time) 2013 vs 2008...SSDI recipients 2013 vs 2008
64 posted on 08/02/2013 4:43:50 PM PDT by Gay State Conservative (If Obama Had A City It Would Look Like Detroit.)
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