Why don’t they simply report how many are employed?
Does he not understand its 8.9%? the goverment says so, so it must be true, Right????
Sarc Alert!!!!
I have become so tired of the Feds falsifying reports to suit a political agenda. I wonder if Congress would find it in their black hearts to pass a Law making lying to the American Public regarding national statistics a Federal offense.
It seems whether it is the Dummie Mayor of Phoenix scamming taxpayer money to Labor Dept, lying has become a national epidemic. And frankly I am tired of it.
| Measure | Not seasonally adjusted | Seasonally adjusted | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Feb. 2010 |
Jan. 2011 |
Feb. 2011 |
Feb. 2010 |
Oct. 2010 |
Nov. 2010 |
Dec. 2010 |
Jan. 2011 |
Feb. 2011 |
|
|
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force |
6.0 | 5.6 | 5.6 | 5.8 | 5.7 | 5.7 | 5.6 | 5.5 | 5.3 |
|
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force |
7.0 | 6.2 | 6.0 | 6.2 | 5.9 | 6.2 | 5.8 | 5.6 | 5.4 |
|
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate) |
10.4 | 9.8 | 9.5 | 9.7 | 9.7 | 9.8 | 9.4 | 9.0 | 8.9 |
|
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers |
11.1 | 10.4 | 10.1 | 10.4 | 10.4 | 10.5 | 10.2 | 9.6 | 9.5 |
|
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force |
11.9 | 11.4 | 11.1 | 11.1 | 11.2 | 11.2 | 10.9 | 10.7 | 10.5 |
|
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force |
17.9 | 17.3 | 16.7 | 16.8 | 17.0 | 17.0 | 16.7 | 16.1 | 15.9 |
|
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data. |
|||||||||
bttt
I can envision Bennie Bernake standing on the deck of the Titanic with his ankles deep in sea water saying, “the economy is improving, there is no inflation. The economy is improving, there is no inflation”.
Don’t make the rate too high. They’ll want to pretend it’s low once a Pubbie is back in the White House.
The raw, non-massaged or modified U6 unemployment number now stands at 23.8%!!!
Please do not stop posting. I know nothing about this stuff, but I have enjoyed your posts and I am glad that you
actually make the effort to post articles.
>>The widespread reaction to the jobs report today is uniformly positive.<<
I heard that sort of talk on the radio this morning on my way to work. It immediately made me think of this:
1 Thessalonians 5:3
While people are saying, “Peace and safety,” destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.
Very enlightening thread. Thanks for posting.