Posted on 10/06/2014 9:35:05 PM PDT by ForYourChildren
Edited on 10/06/2014 9:42:42 PM PDT by Admin Moderator. [history]
Two years ago this week, the nations unemployment dipped below 8% for the first time since the start of the Great Recession. Almost immediately, Republicans were outraged the good news couldnt be real, they said, but rather must be the result of an elaborate conspiracy.
Friday we learned that the nations jobless rate has dipped even lower, dropping below 6% for the first time in over six years. Rush Limbaugh told his audience that the 2012 data was entirely made up and artificially manufactured, and the 2014 data is worse. [snip]
Hahahaha! I’m an unemployment truther. Unlike the MSNBC hack, I worked in an unemployment office for two decades.
Ya, I thought the title was hilarious.
DemocRAT mind control...
The economy is NOT in the toilet...
You are making more money...
You really do have some savings...
Welfare is good for you.
How many millions have dropped out of the work force now and are living on the dole, ie, not working but not counted as unemployed?
5.9%?
That means that for every hundred people you know 5 or 6 are unemployed.
Does *THAT* match up with your experiences?
MSNBC needs to be unemployed.
You nailed it, Jim:
“While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% the lowest in over 36 years, matching the February 1978 lows.”
You’ll find the whole articile here: http://www.zerohedge.com/news/2014-10-03/labor-participation-rate-drops-36-year-low-record-926-million-americans-not-labor-fo
The chocolate ration has been increased from 20 to 15 grams.
They can’t deal with the FACT that the wonderful numbers right in time for an election are always “adjusted” as a “woops” after the election, so they ridicule as “crazy conspiracy theorists” anybody who sees the pattern.
The template is so routine it’s boring. Pathetic.
I feel like I am living “Animal Farm.”
I guess the author missed the whistle blowers that admitted that they fudged the numbers to get under 8%.
The workforce participation rate is now what it was in 1978. Yes, in 2014 - our workforce participation rate is what it was in 1978. If it was just back at the level it was in 2007, the unemployment rate would be 10%.
Just before the election in 2012, we had:
When arguing with MSNBC Host Chris Matthews this is what Mr. Welch had to say:
“We had 600,000 government jobs added in the last two months. We had 873,00 jobs by a household survey which is a total estimate from 50,000 phone calls. Of those, 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one-tenth of a point below where the president started. Although, I dont see anything in the economy that says these surges are true.”
http://www.inquisitr.com/355304/revised-unemployment-rates-analyzed/
And this:
Jobless Claims Keep Getting Revised Up
News Thursday that the U.S. Department of Labor revised upward its weekly initial jobless-claims number for the previous week didnt cause much of a huge stir on financial markets, but it represented the latest in an unusual string of adjustments to the closely followed data.
http://blogs.wsj.com/economics/2012/04/05/jobless-claims-keep-getting-revised-up/
But I guess I am just an unemployment truther... Hahaha
Is that still on?
That doesn’t count the increase in underemployment, either, hours cut due to Obamacare, etc.
Does that equate to over a third of our “workers” no longer in the workforce making the real unemployment number in the neighborhood of 40%?
What they're not talking about is that those who are not counted are not contributing to social security, either.
Question: What happens when workforce participation drops at the same time that the boomers retire?
Answer: Death panels, and the suggestion that living to 75 is good enough.
-PJ
I guess that’s what happens when you have all day to sit around.
Apparently the kids from the '60s and '70s who are now in power read that as a blueprint, not a warning.
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