You forgot 'gay' too!
Posted on 03/06/2011 7:50:10 AM PST by reaganator
The recent jobs report has shown the unemployment rate has dropped to 8.9%, what is the formula used for determining this rate?
Is it possible for the current Administration to elinimate certain sectors of the unemployed to achieve this desired result? Those who were collecting unemployment benefits but are now being paid to go to school or are being paid to remain poor. etc.
When the welfare rolls increase does this decrease the unemployment rolls?
Is it possible for the Administration to stretch to increase the actual number count of the American work force to achieve a lower unemployment rate? Count those who previosly were not counted.
I suspect there will be adjusted job numbers to come.
I admit great ignorance comcerning this matter and would appreciate Freepers help in learning more about this.
Other pertinent questions: Is the Pope Catholic? Does a bear crap in the woods? Is Stroker a narcissistic little Marxist bastard?
The ONLY thing that surprised me is that it took Obama over a year to figure out how to control this statistic.
The problem he has now is that he cannot control the price of oil very much...and should gasoline hit $9.00 per gallon, which it will if Saudi falls, he will have to answer for that at the polls.
I’d suspect you would be right.
The government statistic most commonly quotes is U3, which is the number of unemployed divided by total unemployed plus total employed. Unemployed is defined as people out of work who have actively looked for work within the last four weeks. Obviously that leaves a lot to be desired. There are other, more accurate statistics like U6 which considers unemployed and people who would like full time jobs but are working part time for economic reasons and those who have looked for work within the last year but not within the last four weeks. The U6 percentage is in the mid to upper teens.
You can bet that the SRM will do EVERYTHING possible to make certain that he doesn’t get touched by that news.
Several technical threads about this already. Yes, it is cooked.
This must be a trick question.
The last straw in the last collapse of the economy was $4.00/gallon gasoline. It's starting to get close to that again, and fewer people are able to weather it today than were in those days.
Any labor report that suggests a recovery while the price of gasoline continues to climb into the stratosphere should be greeted with guffaws, loud and public and sarcastic laughter.
A better question would be to ask which statistic this administration has not manipulated or lied about for political gain?
Let's see, yep the sun rose in the East this morning.
“Nah! He’ll just go back to blaming Bush. It worked for him before.”
He can try, it didn’t work too well in 2010. Most likely he’ll start pumping out the strategic reserve just before the election...hopefully there will be enough people wise to it so he doesn’t get away with it.
Yes, but that will be offset by the fact that the official unemployment rate will be 2.2 %. How? Well, he can try to get a package through congress extending unemployment benefits for at least 300 weeks. The Republicans will refuse to consider such a proposal, and no extension of benefits will occur. They get blamed for having hearts of ice and starving children. Many millions come to the end of their benefits and are dropped from the unemployment rolls. Voila, 2.2%! And Obama is a miracle worker!
Wouldn’t it be easier to ask which stat this regime hasn’t lied about?
Another question:
If the economy were robust the demand for gasoline and oil would be much higher than it is now. What would the price of gas be in a current robust economy?
It's sad that it takes such a drastic hit on the economy to put the fear of the electorate in Obama.
That would have been far too easy!
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