Posted on 05/02/2008 5:35:46 AM PDT by abb
Employers trimmed a less-than-expected 20,000 jobs in April, marking the 4th straight month of losses; unemployment falls to 5%.
(Excerpt) Read more at money.cnn.com ...
Where you stand depends on where you sit. The black unemployment rate is 8.6% [down from 9% in March] and the Hispanic rate is 6.9%. For them, it is far from full employment.
.....for all practical purposes we are at full employment....
except when you factor in all the illegals, we are far beyond full employment.
They’ll always have an excuse.
“Where you stand depends on where you sit. The black unemployment rate is 8.6% [down from 9% in March] and the Hispanic rate is 6.9%. For them, it is far from full employment.”
Bummer, guess they need to get a marketable skill.
Could it be that Americans are starting to fill jobs that Americans wont do?
The kitchen down on the row just ran out of the soup of the day (CREAM of FEAR).
To work most places you must pass a drug test. Druggies don’t count
Have you ever wondered why you don’t have to pass a drug test to collect a welfare check, but those who work to pay the taxes do?
Only to the taxpayer who must pay for the costs of their health care, food stamps, incarceration, etc.
If the unemployment rate went from 5.1% to 5% then employers must have ADDED jobs.
Next you will cite that statistic as evidence of racism ...
Well, yeah, “the man”.
Low unemployment.
No recession.
Democrats are deeply saddened.
jw
No, the unemployment rate calculation is subject to external massage as folks drop off the roles.
It is a bummer for all of us. Half of the children in the US between the ages 0 to 5 are minorities. Blacks and Hispanics have the highest out of wedlock births and school dropout rates. By 2050, non-Hispanic whites will be 47% of the population down from 89% in 1965. Hispanics will be 29% of the population up from the current 16%. Demography is destiny.
Pelosi and Reid will claim that most workers who have lost their jobs recently have taken new lower paying jobs at McDonalds or Walmart.
No, I am just reporting it as the USG does. BLS April statistics on employment. You can read whatever you want into it.
Third on the Democrats/liberal media playbook- Health Care
“No, the unemployment rate calculation is subject to external massage as folks drop off the roles.”
Actually the way the UE rate is calculated has nothing to do with collection of benefits.
“Demography is destiny. “
Well I’d say Obama, Oprah, and Condoleeza weren’t informed of that limitation, were they?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.