Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Unemployment in February Increases to 9%, Up From 8.6%; Underemployment Increases to 19%
Townhall.com ^ | February 18, 2012 | Mike Shedlock

Posted on 02/18/2012 7:14:24 AM PST by Kaslin

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 02/18/2012 7:14:29 AM PST by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin
Obama LIES, the BIG LIE!

Note the divergence of the 2 BLS graph lines from the Alternate Unemployment line. Based on same data without the lies. It indicates a 23% actual unemployment. Frightening data.

shadowstatsUnemploymentGraph

How do you tell if Obozo is lying? When his lips are moving, with or without the tele prompter.

2 posted on 02/18/2012 7:23:24 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Kaslin.
3 posted on 02/18/2012 7:23:40 AM PST by SunkenCiv (FReep this FReepathon!)
[ Post Reply | Private Reply | View Replies]

Comment #4 Removed by Moderator

To: Texas Fossil
23% actual unemployment. Frightening data.

But, but Hussein told us we were in recovery ....

Frightening, yes, but the 0bama regime is who should be most frightened. When people begin to get desperate, they do what they have to survive. No amount of fake stats and propaganda will change that.

5 posted on 02/18/2012 7:30:01 AM PST by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kaslin; All

HAVE NO FEAR, CONSERVATIVES!
Obama will simply delete a couple of million more people from the “Workforce” to ckear this little issue up!

Hope-n-Change and all that, doncha know!


6 posted on 02/18/2012 7:30:51 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Sons of Liberty

The emotion I feel is not fear.

It is anger.

And it grows daily.


7 posted on 02/18/2012 7:34:30 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Texas Fossil

You are not alone!


8 posted on 02/18/2012 7:36:27 AM PST by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
[ Post Reply | Private Reply | To 7 | View Replies]

To: tcrlaf

I think congress just did that...pulled the 99 weeks back to 73 weeks. This should ‘lower’ unemployment. The DOL website has a ‘Labor Participation Rate’, which bypasses all these variables. And, it says we are in 1980 territory. As scary as that is, the idea that the media is touting a ‘recovery’ scares me on an entirely different level.


9 posted on 02/18/2012 8:10:51 AM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Kaslin
The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January.

That's the difference. If you read the reports on jobless claims that have come out of the MSM such as this one, you will usually see "seasonally-adjusted". Of course, they don't tell you the numbers without the seasonal adjustments.

10 posted on 02/18/2012 8:23:42 AM PST by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TwelveOfTwenty
Desired result = actual figure + "seasonal adjustment"

Start on the Left, then work your way to the right. The math is always easy.

11 posted on 02/18/2012 8:26:51 AM PST by ClearCase_guy ("And the public gets what the public wants" -- The Jam)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Texas Fossil

“Based on same data without the lies.”

BLS = the Bureau of Lying Statistics


12 posted on 02/18/2012 8:34:20 AM PST by Starboard
[ Post Reply | Private Reply | To 2 | View Replies]

To: lacrew

“As scary as that is, the idea that the media is touting a ‘recovery’ scares me on an entirely different level.”

And it should. The MSM it totally corrupt. It is nothing more than a propaganda machine for the Democrats.


13 posted on 02/18/2012 8:38:03 AM PST by Starboard
[ Post Reply | Private Reply | To 9 | View Replies]

To: Kaslin

Not to worry, zero’s fuzzy math will have the unemployment rate below 8% by election.


14 posted on 02/18/2012 8:41:49 AM PST by duckman (Go Newt...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TwelveOfTwenty

Of course, they don’t tell you the numbers without the seasonal adjustments.


The raw numbers are there but you have to dig a little for them. The most recent monthly BLS Employment Situation Summary (specifically Table B-1) shows that the actual (NOT seasonally adjusted) non-farm employment numbers are clearly declining:

Nov 133,172M

Dec 132,952M

Jan 130,263M

Note especially the sharp decline between Dec & Jan of about 2.7 million. But through the black magic of “seasonally adjusting” the numbers, the very same table shows employment RISING over those same months! Draw your own conclusions.

Ironically, the administration’s overeaching attempts to manipulate the U/E stats are backfiring on them. More and more people are now examining the numbers in greater detail than ever before. Not unlike resurgence of interest in reading the Constitution.


15 posted on 02/18/2012 8:43:16 AM PST by Starboard
[ Post Reply | Private Reply | To 10 | View Replies]

All contributions are for the
Current Quarter Expenses.


16 posted on 02/18/2012 9:00:36 AM PST by RedMDer (Forward With Confidence!)
[ Post Reply | Private Reply | View Replies]

To: duckman

Only below 8%? They’ll have it down below 1% don’tcha know


17 posted on 02/18/2012 9:02:55 AM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Texas Fossil

And ... here’s something really infuriating, 125,000 new legal workers are brought into the US each month, for a total of 1.5 million per year.

The 4,550,000 low wage immigrant households not only suppress wages, but also are subsidized in the amount of ~$20,000 per year.


18 posted on 02/18/2012 9:12:28 AM PST by khelus
[ Post Reply | Private Reply | To 2 | View Replies]

To: lacrew

“As scary as that is, the idea that the media is touting a ‘recovery’ scares me on an entirely different level.”

This same media convinced the Sheeple in 2006 that 4.6% Unemployment, and a 14,000 DOW under Bush was the “WORST ECONOMY SINCE THE GREAT DEPRESSION!”, remember?


19 posted on 02/18/2012 9:44:05 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Starboard
Here's the link to the B-1 table.

I don't know what's worse, that the numbers are clearly being cooked, or that judging from the stock market we're falling for it.

20 posted on 02/18/2012 10:28:25 AM PST by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson