Posted on 06/05/2013 8:41:57 AM PDT by SeekAndFind
Exactly my point. Unemployment is at best a guess at the numbers of people who are not working.
Employment numbers are, in my opinion, a more accurate measure of the state of the economy.
Size of Labor Force | 155,000,000 | |
Change (percent) | * | 2.8% |
Net Job gain/(loss) | -4,340,000 |
...,and you will be doubly pleased to learn that in the interests of hygiene (for the children)all chocolate rations will be double wrapped in regulation cardboard protected with recycled aluminum foil.....
....and in the interests of economy all chocolate packages will be weight checked after wrapping.
....see Gobmint publication:
Nutritional recipes requiring low thermal input and based on cardboard.
Yet... if you look at Gallup’s daily poll numbers, their unemployment rate sits at 8%. Riddle me that one, Batman...
I was just talking to a friend and we were noticing how many young couples with small children are moving back into their parents homes in our neighborhood. They certainly are not seeing any job improvement. Has anyone here seen any job improvement?
April 2008 was five months into a recession. May 2013 was four years into a recovery. This is LOL funny.
Anyone who has given up or is now timed out from being classified as unemployed are ignored in these polls. The real unemployment rate counting all real unemployed has to be close to 15% by now. These polls are only meaningful to Low Information Voters, e.g. DemoncRATs.
How many of the new jobs were full-time?
Based on BLS data: http://www.bls.gov/news.release/pdf/empsit.pdf
Total nonfarm payroll employment rose by 165,000 in April, while involuntary part-time employment increased by 278,000. If I understand the definitions used, that means we lost 113,000 full-time jobs in April. I don't have the corresponding May numbers, but they should be slightly worse. This fiasco is described by Obama's cheerleaders as the "Best in Five Years".
I saw we lost FT jobs in April so I was wondering if it was the same.
If I understand this correctly, the Sequester forced us to spend less money and companies seeing this are now starting to hire.
Will be funny to see if Obama pivots on this and now says the Sequester was his.
BLS should report that later this week.
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