Posted on 01/15/2012 2:44:02 PM PST by NaturalBornConservative
Cliffs notes, please?
Conclusion?
cliff notes version: http://www.freerepublic.com/focus/f-news/2832225/posts
Excellent source of information and a must read. I also have always found it “interesting” that the BLS doesn’t count those on unemployment and those looking for work as unemployed. They literally just pull numbers out of thin air to make it look how they want it too. Both Dems and Repubs have done this for years. Whenever I hear news reports or business shows using the stated unemployment rate as fact I just laugh.
>>Cliffs notes, please?<<
If this administration wasn’t the worst liar of all time, the unemployment rate would be at least 12.2% and should be much higher than that.
I would not be surprised to see it manipulated down to 6.9% by late October — just before the November election.
They still have 9 months of rehabilitating and resurrecting The One for his glorious Second Coming. With all his ills, missteps, screw-ups, etc., he still is at 43% or greater approval. They don’t really have that far to go to improve his electibility.
The GOP are not going to have the walk-away election they anticipated just a few months ago.
Very, very nicely done; all the more so for your proper use of “begging the question.”
It is very hard to tell. Not everyone who has looked for work in the last twelve months but is not now working is a ‘discouraged worker’. Some have gone to school, some have gotten married and decided to have a child instead, some have finagled their way onto SS disability and retired. There is definitely a group that has well and truly chucked working, either temporarily or permanently.
The workforce is always variable. Large numbers of women were drawn in during the 70s, who would in former decades have been housewives. During the 90s, guys were dropping out of college to become the CEO of web start-ups.
The real question is, what is the proper and correct percentage to have in the workforce in a healthy economy?
One of the easiest examples of the missing workforce is the million or so high school and college grads each year that finish school and seek jobs. If they are ineligible for unemployment because they haven’t held a job, they will never get added to the workforce, until they get a job and lose it. The Food Stamp President will have the unemployment rate down to 5% or so before the election. Although most people with any sense will know that it is fake, he will with the collusion of the MSM and a billion in re-election money sell it to the sheeple.
We'll have to keep a close eye on the growth of the Non-Institutional Civilian Population, and the decline of the Civilian Labor Force each and every month, including prior period revisions, until then.
Thanks NaturalBornConservative.
Nicely done!
Out of curiosity, have you taken either your new min or max calculations and looked at trending?
It would be interesting to look at the last 20 years or so with your new eyeglasses. ;-)
I just got my hair cut and walked around the mall waiting for my appointment. I don’t need to read this article to see the official employment numbers are BIG FAT *ING LIES.
2 out of 10 shops in the mall were closed and boarded up. One bookstore was gone, and the other was reduced to calendars only. All restaurants are gone. The food court is missing 3 out of 10 fast food vendors and most of those that remain are not franchise...they are mom and pop sandwiches and similar. Half the big name anchor stores are gone and boarded up. The little stands in the middle of the walkways that sell things like sunglasses, watches, jewelry, and cellphones are all gone except two cell phone vendors. As I walked around I noticed there were no people and no business being conducted. I even saw employees sitting down in the shops watching television. I talked to a guy in the mall and he said the mall shut off the heat and AC for good and the shops were expected to install and operate their own heat and AC.
I’d say the mall has about 2 years to go before it completely shuts down. Maybe less.
Zer0's train wreck rolls on (as planned).
Countdown until Zer0 leaves Office: 371 days as of January 15, 2012.
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