It’s FUN WITH NUMBERS Thursday!!!
What happens when the pool of people who can be laid off dries up. There’s no one left to fire.
The real question is: How many this week left the unemployment force to join the disability force, so as to keep unemployment steady?
And how many have simply given up on finding a job and fallen right off the charts?
How many with higher education and/or years of high level experience are flipping burgers or mopping floors?
Don’t tell me the economy’s rebounding; I’ve seen what’s going on out there and it sucks big time.
There should be a corresponding increase in job hires but that’s not being seen.
When no one has a job left... then we will be at 100% employment... wait... what?????
LLS
BUNK.
We have a large unemployed population.
That is not improving. What is happening is they are dropping off the unemployment rolls and onto various support groups.
We have a large unemployed population.
China by contrast has a very low unemployed population.
Odd how dramatically things have changed, in just two short decades.
What do you do when you’ve cut to the bone, and any more cutting means turning out the lights?
That’s where we are.
Each week there are fewer people in the “looking for work” pool.
Many have starved to death or died of old age.
Yet Obama is still “focused like a laser” on job creation.
Why just last week while he was playing golf he had another job creation idea.
It was a warm day and he thought “they should hire more peons so I could have someone bring me a cool drink whenever I want.”
The man never takes a rest from thinking of ways he can help us.
The new normal.
We are still not at the bottom of the down turn as we continue to layoff this many people every week. I think the reason for the lower numbers is for several reasons.
1. Many people are dropping out of the job market so they are not being laid off again and again, creating new claims.
2. Claims are also annual based so many layoffs are not reported in this figure. Let me explain: A person gets laid off from a salary job. Their claim is open for 1 year. So, if they take another job then get laid off again within that year there isn’t an additional claim reported. Many employers also know this and lay people off using this timeline so the claim doesn’t go against them.
3. States are backlogged and not reporting those trying to open a claim but the system is clogged and claims are taking as long as 90 days or more to open.
4. Not sure on this one, but many full time jobs are now part time. Many salary employee jobs have been converted to contractor/hourly. I suspect somewhere in those UI numbers that is a benefit to reporting a lower number of unemployed.
So, over a quarter of a million new jobless people entered the rolls? Am understanding that right? So, Obamasan has cured all ills, yet we have over 300,000 new people on the welfare rolls.
More good news comrades - the chocolate ration had been increased to 20 grams,
everyone is on disability.
If they’re dropping out, then they’re not filing claims, and if they’re dropping out, then they’re not counted in the Unemployment numbers.
Hopefully, we can get everyone to drop out and get the unemployment rate down to zero.
It’s a great statistic where no one working equals zero unemployment! I love this country!
Who’s on first....
Nobody who pays attention to this kind of stuff believes any of it.
Waiting for the “revised and adjusted” number....there always is one and it’s always worse news.