Posted on 07/24/2014 6:47:03 AM PDT by SeekAndFind
Actually if you look at the chart I just posted, when you get to below 300K it might been seen as a “peak” for a good labor market and is normally followed by a recession.
Let’s look at the number of jobs in the economy, their rate of pay, the percentage of Americans employed and compare that with where we were before Democrats took over in 2007. It’s not the same nation and the “New Unemployment Claims Number” is meaningless.
The greatest Nation on Earth and Obama has kept his campaign promise to change that.
I posted a “Claims to employees” chart before and posted it on FR. You can go to FRED and create it yourself but you won’t like the results as total number employed is at a record high...
Im interested in seeing what the GDP will be in the second quarter since the first quarter was DOWN 2.9 PERCENT. And that is not including the 3 PERCENT RECALCULATED INCREASE....which means it was almost down 6 percent!
And since 2 consecutive quarters is considered a recession....what will this next GDP look like?
Yes, if you had the same total employment numbers that we had before this bunch of bozos took over...................
“Well then how come no one I know is working and is flat broke?”
Hi — that’s me too.
No unemployment every collected and no disability, no food stamps. Just plain struggling. Only 59, ss won’t be there in 4 years will be my dumb luck fulfilled.
What’s sinking us now is the out of control property taxes. Mortgage paid off, but over $3k per year to the county that gets us nothing.
If everyone remembers, back in the Bush days of 5.5% Unemployment the Mantra was McJobs.
Nowadays, Part Time Employment has replaced Full Time Employment, yet we are loathe to hear a distinction between the two when the Numbers are reported.
Ignorance is bliss.
From this chart we can see that Obama in the WH was much worse that those airplanes hitting the towers!
Well...
I don’t disagree. The “Great Recession” was far far worse than the post-9/11 recession. The recovery has also been the slowest in American history. All thanks to the most anti-business administration in American history.
Consider the source......................
Pretty amazing the press talking points. There is a reason why Rush called them the “State Run Media.”
I cannot help you then...
Everyones finally either on welfare or disability.
************
Or has a government job.
Exactly right. Its all window dressing.
My Wife has been out of work for over two years.
She is in her late 50’s and she has gone on a myriad of Job Interviews. Her last three Jobs have been long term Positions, the least of which was eight years.
She thinks it’s her Age and I’m beginning to think she is right. It certainly isn’t that she is expecting a Higher Wage since she has even Interviewed for Entry Level Positions in and out of her field of expertise.
My Father always said that there will always be a Job out there, although it may not be the Job you really want or the Pay you think you deserve.
I’m beginning to wonder if what he said is still true.
If one accepts one sources single set of lies, one must accept all that source’s lies, or none at all..................
As I said, I cannot help you. Believe the numbers and what is going on in the economy or don’t. I truly don’t care. But I cannot have a discussion with someone who brings no data/analysis/information to the table. It’s a waste of my time.
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