Posted on 02/03/2012 8:57:18 AM PST by libertarian neocon
bump
Right on!
1,200,000 people fell out of the labor pool, or in other words
gave up looking for jobs, and 243,000 found jobs!
You do not have to be a rocket scientist to realize the truth.
FRAZIER
The blatant dishonesty of nobama and his leftist asshat minions is truly breathtaking and unrelenting.
“1,200,000 people fell out of the labor pool, or in other words
gave up looking for jobs, and 243,000 found jobs!”
Over 5 million fell out since Obama got elected. Eventually he will get to 0% unemployment because nobody will be considered to be in the labor force!
Great analysis.
There were so many things I did not udnerstand but you made things clear
Question, have we always used the dropped out of labor force number to adjust the numbr of workforce
If we have always adjusted the number in the labor fore then the unemployment number is apples to apples.
right?
“Question, have we always used the dropped out of labor force number to adjust the numbdr of workforce
If we have always adjusted the number in the labor fore then the unemployment number is apples to apples.
right?”
Well in the survey they have always asked households if people are employed or if they are unemployed and looking for work (though I believe there is a time cutoff with that one, if you are unemployed for 2 years, you are kicked out whether or not you are looking for work). Does that answer your question?
Once again proving the old saw that goes “Figures don’t lie but liars sure can figure!”
... and 113,000 of those 243,000 came from "low-wage jobs", per Bloomberg.
Thx...just posted on my FACEBOOK....
Anytime anyone starts throwing around statistics based in percentages, you know it is a lie to hid actual numbers. They don’t define the percentage basis. Just like advertising which says 50% off. Off of what? Just give the facts, let people make their own decision.
“Thx...just posted on my FACEBOOK....”
Thanks! I appreciate it.
Numbers cooked to favor the administration are now common. I stopped trusting the numbers years ago when Los Angeles crime numbers magically plummeted. Then I started paying closer attention to fed stats. Mostly meaningless, with small pockets of honesty.
I remember during the GWB years, all the jobs created were “hamburger-flipping jobs.” I bet the official story now is that these are all high paying, highly skilled jobs.
The fact that the Fed's jobs numbers were later revised *upwards* 51 out of 52 weeks last year says to me that the books are being cooked.
And,thanks to the unnamed FReeper who was keeping track of this. Wish I could remember his (or her) name, I was talking with them on a thread recently.
LLS
US jobless rate falls, but labor force shrinks (Labor Dept. fudges numbers)
Record 1.2 Million People Fall Out Of Labor Force In One Month
Final Nail In Today's NFP (Economic report) Tragicomedy: Record Surge In Part-Time Workers
This is so sad on many levels. I thank God that my wife and I are both holding down decent full time jobs and I pray for those poor folks that have lost everything during these tragic times. We have got to get this man out of office.
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