US Unemployment is 5.5%

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  • Rochard
    Jägermeister Test Pilot
    • Dec 2001
    • 75733
    #1

    US Unemployment is 5.5%

    Another drop. Surprise.

    Cue Vendzilla to tell us how we've been calculating unemployment wrong all of this time, or how less people are looking for jobs, or something.
    Herschel Savage
    Brooklyn, NY
    Tags: None
    • baddog
      So Fucking Banned
      • Apr 2001
      • 107089
      #2
      You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.

        Comment

        • L-Pink
          working on my tan
          • Mar 2005
          • 39151
          #3
          If someone is unemployed and has given up on finding a job -- if you are out of work and you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed.

          While you are as unemployed as one can possibly be, and may never find a job again, you are not counted in the feel good figure we see in the news -- currently 5.5%.

          Right now, as many as 30 million Americans are either out of work or severely underemployed.


          .

            Comment

            • SuckOnThis
              So Fucking Banned
              • Oct 2003
              • 6844
              #4
              Originally posted by baddog
              You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.
              You do realize over 250k new jobs have been added for 10 consecutive months straight? Something that hasnt happened since 1970. Guess you're not happy unless a republican is driving the economy off a cliff.

                Comment

                • blackmonsters
                  Making PHP work
                  • Nov 2002
                  • 20960
                  #5
                  Originally posted by baddog
                  You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.
                  You do realize that you've been saying the same shit since 2009 right?

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                    Comment

                    • BlackCrayon
                      Too lazy to set a custom title
                      • Jun 2003
                      • 19634
                      #6
                      Originally posted by baddog
                      You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.
                      Sure but its been counted that way for a couple decades now so does it even matter anymore?
                      you don't know you're wearing a leash if you sit by the peg all day..

                        Comment

                        • Barry-xlovecam
                          It's 42
                          • Jun 2010
                          • 18083
                          #7
                          Don't forget about the total collapse of the US Dollar and the US economy.



                          Also don't forget: Today's heros can be tomorow's shitheads

                            Comment

                            • RummyBoy
                              Confirmed User
                              • Dec 2009
                              • 2157
                              #8
                              Here we go again...... blind believers in action.

                              http://gfy.com/fucking-around-and-pr...s-job-lie.html

                                Comment

                                • Rochard
                                  Jägermeister Test Pilot
                                  • Dec 2001
                                  • 75733
                                  #9
                                  Originally posted by baddog
                                  You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.
                                  And?

                                  If you collect unemployment for years and cannot find a job although we create millions of jobs every year.... At a certain point you either just aren't trying enough, or are unemployable. Or both.
                                  Herschel Savage
                                  Brooklyn, NY

                                    Comment

                                    • baddog
                                      So Fucking Banned
                                      • Apr 2001
                                      • 107089
                                      #10
                                      Originally posted by SuckOnThis
                                      You do realize over 250k new jobs have been added for 10 consecutive months straight? Something that hasnt happened since 1970. Guess you're not happy unless a republican is driving the economy off a cliff.
                                      30 million out of work and 250k new jobs is supposed to mean something? Think drop and bucket.

                                      Originally posted by blackmonsters
                                      You do realize that you've been saying the same shit since 2009 right?

                                      And some still don't get it.

                                      Originally posted by Rochard
                                      And?

                                      If you collect unemployment for years and cannot find a job although we create millions of jobs every year.... At a certain point you either just aren't trying enough, or are unemployable. Or both.
                                      Where are people given unemployment for years? California has a 6 month cap. And we are creating millions of jobs every year? Where did you read that?

                                        Comment

                                        • MK Ultra
                                          Confirmed User
                                          • Jun 2007
                                          • 879
                                          #11
                                          Go Team!



                                          The Federalist had a nice graphic so I used it, but I'm sure Clampett will stop by to call me a "right winger" for that
                                          Here are the Labor Force Participation figures from the Bureau Of Labor Statistics (you know... The Government)
                                          Bureau of Labor Statistics Data

                                          It's never been in goverment's interest to tell you the whole truth, question everything.

                                            Comment

                                            • SuckOnThis
                                              So Fucking Banned
                                              • Oct 2003
                                              • 6844
                                              #12
                                              Originally posted by baddog
                                              30 million out of work and 250k new jobs is supposed to mean something? Think drop and bucket.
                                              Nice twist....


                                                Comment

                                                • Sly
                                                  Let's do some business!
                                                  • Sep 2004
                                                  • 31376
                                                  #13
                                                  Originally posted by SuckOnThis
                                                  Nice twist....


                                                  I thought businesses didn't create jobs?
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                                                    Comment

                                                    • Rochard
                                                      Jägermeister Test Pilot
                                                      • Dec 2001
                                                      • 75733
                                                      #14
                                                      Originally posted by baddog
                                                      30 million out of work and 250k new jobs is supposed to mean something? Think drop and bucket.
                                                      Out of that thirty million people, how many of them are both employable and actively looking for work? How many of them do not need to work because they are supported by their spouses? How many of them are students? How many of them are just unable to work? My best friend hasn't worked in over twenty years but I wouldn't consider him unemployed. My mother was a stay at home mom, never worked, but she was never "unemployed" - she just didn't need to work. My other brother just opened up a new business. Technically he is unemployed - he has yet to pull a paycheck from his new business. His wife supports him.

                                                      Thirty million people are "out of work". But a fair percentage of those people are not looking for work because they do not need to work.

                                                      Originally posted by baddog
                                                      Where are people given unemployment for years? California has a 6 month cap.
                                                      You understand other states have other rules, right? He lives in Oregon, and you can collect unemployment for 99 weeks. (I looked it up for ya.)

                                                      Originally posted by baddog
                                                      And we are creating millions of jobs every year? Where did you read that?
                                                      Can you not do math?

                                                      Last month we added 295k jobs. Multiple that by 12 months and..... Over three million jobs created. However, that is only using one month as an example. Last November we added 423k jobs. If you want an exact total, in the past year we have created 3,202,000 jobs.
                                                      Herschel Savage
                                                      Brooklyn, NY

                                                        Comment

                                                        • SuckOnThis
                                                          So Fucking Banned
                                                          • Oct 2003
                                                          • 6844
                                                          #15
                                                          Originally posted by Sly
                                                          I thought businesses didn't create jobs?

                                                          When did I ever say that?

                                                            Comment

                                                            • L-Pink
                                                              working on my tan
                                                              • Mar 2005
                                                              • 39151
                                                              #16
                                                              Originally posted by SuckOnThis
                                                              When did I ever say that?
                                                              Monica Lewinsky's ex-boyfriend's wife said that.


                                                              .

                                                                Comment

                                                                • Relentless
                                                                  www.EngineFood.com
                                                                  • Aug 2006
                                                                  • 5697
                                                                  #17
                                                                  There are definitely many more jobs than there were 8 years ago. The jobs pay less than the jobs that were lost 12 years ago. Anyone who thinks Bush and Obama are very different also thinks Classic CocaCola and NewCoke are very different... because they fail to understand they are both owned by the exact same small group of people.

                                                                  You are voting for Classic Coke or New Coke... you have no choice to vote for Milk or Bourbon. These arguments are nonsense, because your vote is being taken away from you, and instead of being angry that your vote barely counts, you'd rather argue why Classic Coke or New Coke are better... and the people who own both brands could care less who wins in most cases.


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                                                                    Comment

                                                                    • crockett
                                                                      in a van by the river
                                                                      • May 2003
                                                                      • 76818
                                                                      #18
                                                                      If someone has given up looking for a job, then it's their problem not the govt's. People seem to be entitled in thinking that because they had a job making X amount, that they should replace that job with the same amount or more..

                                                                      Sorry guys "real world" kicking in here.. If you can't pay your bills and can't find a job making what you would "like" to make then you either starve or you get off your ass and take what ever job you can get.

                                                                      If there are no jobs where you live then you move.. If "YOU" choose to live in an area which has no jobs, then it is "YOU" whom are to blame not the govt or anyone else.

                                                                      Opportunity is out there if "YOU" want it.
                                                                      In November, you can vote for America's next president or its first dictator.

                                                                        Comment

                                                                        • MiamiBoyz
                                                                          fgfdftre6
                                                                          • Oct 2012
                                                                          • 6690
                                                                          #19
                                                                          Originally posted by SuckOnThis
                                                                          You do realize over 250k new jobs have been added for 10 consecutive months straight? Something that hasnt happened since 1970. Guess you're not happy unless a republican is driving the economy off a cliff.
                                                                          Yes, Walmart is always hiring and Burger King is always looking for a few good men.

                                                                            Comment

                                                                            • L-Pink
                                                                              working on my tan
                                                                              • Mar 2005
                                                                              • 39151
                                                                              #20
                                                                              Originally posted by crockett
                                                                              If someone has given up looking for a job, then it's their problem not the govt's. People seem to be entitled in thinking that because they had a job making X amount, that they should replace that job with the same amount or more..

                                                                              Sorry guys "real world" kicking in here.. If you can't pay your bills and can't find a job making what you would "like" to make then you either starve or you get off your ass and take what ever job you can get.

                                                                              If there are no jobs where you live then you move.. If "YOU" choose to live in an area which has no jobs, then it is "YOU" whom are to blame not the govt or anyone else.

                                                                              Opportunity is out there if "YOU" want it.

                                                                              Very easy to say for a young single guy who has travelled extensively.


                                                                              .

                                                                                Comment

                                                                                • MiamiBoyz
                                                                                  fgfdftre6
                                                                                  • Oct 2012
                                                                                  • 6690
                                                                                  #21
                                                                                  Originally posted by crockett
                                                                                  If someone has given up looking for a job, then it's their problem not the govt's. People seem to be entitled in thinking that because they had a job making X amount, that they should replace that job with the same amount or more..

                                                                                  Sorry guys "real world" kicking in here.. If you can't pay your bills and can't find a job making what you would "like" to make then you either starve or you get off your ass and take what ever job you can get.

                                                                                  If there are no jobs where you live then you move.. If "YOU" choose to live in an area which has no jobs, then it is "YOU" whom are to blame not the govt or anyone else.

                                                                                  Opportunity is out there if "YOU" want it.
                                                                                  Yes, the real world IS OUT THERE and finally coming to America!

                                                                                  America is continuing it's downward spiral to 3rd world status and while you might not see the big picture those high paying jobs are NOT coming back. They are gone.

                                                                                  Yes, the real world is going to continue and very few people want to live in the real world when they have lived their entire lives with a delusional Disney World mentality!

                                                                                    Comment

                                                                                    • lezinterracial
                                                                                      Confirmed User
                                                                                      • Jul 2012
                                                                                      • 3117
                                                                                      #22
                                                                                      I don't understand why we still have crisis level interest rates.
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                                                                                        Comment

                                                                                        • crockett
                                                                                          in a van by the river
                                                                                          • May 2003
                                                                                          • 76818
                                                                                          #23
                                                                                          Originally posted by L-Pink
                                                                                          Very easy to say for a young single guy who has travelled extensively.


                                                                                          .

                                                                                          At this point in my live, I travel as a way of life. I do this, not because I'm rich or have a sugar moma, but because I have chosen to do what it takes to live my life how I see fit.

                                                                                          I've run a few businesses some did good some did bad. I've also worked $10/hr jobs if I had to, I simply do what ever I need to do in order to survive. Be that if I'm living in a house, running a business or traveling around the country.

                                                                                          The one thing I've learned is that I will never again be a slave to the grind. Be that working 9 to 5 or working 15 hour days trying to run a business. I would much rather enjoy my life than be a slave to house payments, car payments ect..ect..

                                                                                          This is something I choose to do, just like those people whom buy their little McMansions, brand new cars every 2 years & have their house furnished via their credit card and need to bust their ass till they are 65 in hopes of retiring. That is their choice. If they can't pay for it, it was still their choice no one else's.
                                                                                          In November, you can vote for America's next president or its first dictator.

                                                                                            Comment

                                                                                            • crockett
                                                                                              in a van by the river
                                                                                              • May 2003
                                                                                              • 76818
                                                                                              #24
                                                                                              Originally posted by MiamiBoyz
                                                                                              Yes, the real world IS OUT THERE and finally coming to America!

                                                                                              America is continuing it's downward spiral to 3rd world status and while you might not see the big picture those high paying jobs are NOT coming back. They are gone.

                                                                                              Yes, the real world is going to continue and very few people want to live in the real world when they have lived their entire lives with a delusional Disney World mentality!
                                                                                              I wouldn't say a downward spiral, but everyone seems to think the economy will always grow which it wont. It will have ups & downs and people need to be capable of surviving in both. This lifestyle of constant debt which so many Americans live in, is not sustainable.
                                                                                              In November, you can vote for America's next president or its first dictator.

                                                                                                Comment

                                                                                                • Rochard
                                                                                                  Jägermeister Test Pilot
                                                                                                  • Dec 2001
                                                                                                  • 75733
                                                                                                  #25
                                                                                                  Originally posted by MiamiBoyz
                                                                                                  Yes, the real world IS OUT THERE and finally coming to America!

                                                                                                  America is continuing it's downward spiral to 3rd world status and while you might not see the big picture those high paying jobs are NOT coming back. They are gone.

                                                                                                  Yes, the real world is going to continue and very few people want to live in the real world when they have lived their entire lives with a delusional Disney World mentality!
                                                                                                  I would love to agree with you but I am much to busy watching my sixty inch TV while talking on my thousand dollar cell phone while updating my FB status on my tablet.

                                                                                                  People who say stuff like this haven't been to a third world country.
                                                                                                  Herschel Savage
                                                                                                  Brooklyn, NY

                                                                                                    Comment

                                                                                                    • directfiesta
                                                                                                      Too lazy to set a custom title
                                                                                                      • Oct 2002
                                                                                                      • 30135
                                                                                                      #26
                                                                                                      Originally posted by baddog
                                                                                                      You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.
                                                                                                      You do realize that this figure must be taken along with the job creation number for the month(295 000) right ?
                                                                                                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                                                                                                      But I can't figure out how he can breathe or type , at the same time ....

                                                                                                        Comment

                                                                                                        • aka123
                                                                                                          Confirmed User
                                                                                                          • Jul 2014
                                                                                                          • 4450
                                                                                                          #27
                                                                                                          How about employment rate (from workforce)? That is measured too, at least around here.

                                                                                                          "Employment rate

                                                                                                          The ratio of employed persons to the population of the same age. The employment rate of the total population is calculated as the ratio of 15 to 64-year-old employed persons to the population of the same age."

                                                                                                          Statistikcentralen - Concepts and definitions - Employment rate


                                                                                                          Here are some US statistics about that.

                                                                                                          "64.4 63.7 62.7 62.3 62.4 62.7 63.1 63.0 62.2 59.3 58.5 58.4 58.6 58.6" Last one being 2013.

                                                                                                          Employment-to-population ratio - Wikipedia, the free encyclopedia

                                                                                                            Comment

                                                                                                            • seeandsee
                                                                                                              Check SIG!
                                                                                                              • Mar 2006
                                                                                                              • 50945
                                                                                                              #28
                                                                                                              5,5% is bullshit
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                                                                                                                • MiamiBoyz
                                                                                                                  fgfdftre6
                                                                                                                  • Oct 2012
                                                                                                                  • 6690
                                                                                                                  #29
                                                                                                                  Originally posted by Rochard
                                                                                                                  I would love to agree with you but I am much to busy watching my sixty inch TV while talking on my thousand dollar cell phone while updating my FB status on my tablet.

                                                                                                                  People who say stuff like this haven't been to a third world country.
                                                                                                                  Enjoy it while you can. The next generation of Americans will not be so fortunate.

                                                                                                                    Comment

                                                                                                                    • SmutHammer
                                                                                                                      Confirmed User
                                                                                                                      • Mar 2008
                                                                                                                      • 4301
                                                                                                                      #30
                                                                                                                      Originally posted by crockett
                                                                                                                      If someone has given up looking for a job, then it's their problem not the govt's. People seem to be entitled in thinking that because they had a job making X amount, that they should replace that job with the same amount or more..

                                                                                                                      Sorry guys "real world" kicking in here.. If you can't pay your bills and can't find a job making what you would "like" to make then you either starve or you get off your ass and take what ever job you can get.

                                                                                                                      If there are no jobs where you live then you move.. If "YOU" choose to live in an area which has no jobs, then it is "YOU" whom are to blame not the govt or anyone else.

                                                                                                                      Opportunity is out there if "YOU" want it.
                                                                                                                      eh... Is this coming from you?! I have to say I completely agree!

                                                                                                                      It would be nice if the government didn't feel they had to help take care of these lazy fucks who give up looking and settle for welfare. I would vote to "let them starve" as you said

                                                                                                                        Comment

                                                                                                                        • aka123
                                                                                                                          Confirmed User
                                                                                                                          • Jul 2014
                                                                                                                          • 4450
                                                                                                                          #31
                                                                                                                          Originally posted by crockett
                                                                                                                          Opportunity is out there if "YOU" want it.
                                                                                                                          Opportunity yes, jobs for everyone; no.

                                                                                                                          No one feeds himself with opportunity; it gotta materialize too. At 2013; less than 60 % of American work aged folks had job. Not that far from the situation that half ain't have job. Lazy bastards or not; in the end that doesn't matter that much.

                                                                                                                            Comment

                                                                                                                            • RyuLion
                                                                                                                              ClubDomCash.com
                                                                                                                              • Mar 2003
                                                                                                                              • 32369
                                                                                                                              #32
                                                                                                                              Originally posted by baddog
                                                                                                                              You do realize that people automatically drop off the unemployed list as soon as their benefits run out, right? They don't have to be employed to not be counted as unemployed.


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                                                                                                                                • slapass
                                                                                                                                  Too lazy to set a custom title
                                                                                                                                  • Nov 2002
                                                                                                                                  • 14625
                                                                                                                                  #33
                                                                                                                                  Originally posted by baddog
                                                                                                                                  30 million out of work and 250k new jobs is supposed to mean something? Think drop and bucket.



                                                                                                                                  And some still don't get it.



                                                                                                                                  Where are people given unemployment for years? California has a 6 month cap. And we are creating millions of jobs every year? Where did you read that?
                                                                                                                                  How can we make new jobs, and we still always have 10% unemployed... You suck at math. That is the issue. Seriously, check around the economy is cranking.

                                                                                                                                    Comment

                                                                                                                                    • crockett
                                                                                                                                      in a van by the river
                                                                                                                                      • May 2003
                                                                                                                                      • 76818
                                                                                                                                      #34
                                                                                                                                      Originally posted by SmutHammer
                                                                                                                                      eh... Is this coming from you?! I have to say I completely agree!

                                                                                                                                      It would be nice if the government didn't feel they had to help take care of these lazy fucks who give up looking and settle for welfare. I would vote to "let them starve" as you said
                                                                                                                                      I don't agree with long term welfare either. I believe in helping people whom need help to get on their feet (ie someone whom is willing to help themselves) I also have no issues at all helping the disabled or elderly. Those are the types of people whom every civilized society should try to help.

                                                                                                                                      I do not however condone helping habitual welfare queens or people whom just expect handouts. I've always felt welfare should be time limited and not a never ending thing.

                                                                                                                                      I do however see the problem with that line of thinking when kids are involved, which is why we have the welfare queens that we have and I don't know of a solution around that. Hence the reason with the current system we are damned if we do and damned if we don't.

                                                                                                                                      I do think that people on welfare should have to do some sort of work or civic duty in order to receive it. Start making people clean streets, clean up the beaches, parks, do janitorial work at public buildings ect..ect to get their welfare check and you just watch how fast they go get a job..
                                                                                                                                      In November, you can vote for America's next president or its first dictator.

                                                                                                                                        Comment

                                                                                                                                        • slapass
                                                                                                                                          Too lazy to set a custom title
                                                                                                                                          • Nov 2002
                                                                                                                                          • 14625
                                                                                                                                          #35
                                                                                                                                          Here is the big thing that drives everyone into a frenzy. Job participation is at a multi year low. But it was at an all time high before the crisis. As baby boomers retire, it is going to get worse. But there is no hidden 30% without jobs who want them. That 30 some percent has always been there and was even bigger in the past. It is wives and old people with some unemployable.

                                                                                                                                            Comment

                                                                                                                                            • slapass
                                                                                                                                              Too lazy to set a custom title
                                                                                                                                              • Nov 2002
                                                                                                                                              • 14625
                                                                                                                                              #36
                                                                                                                                              Oops the link
                                                                                                                                              62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months | CNS News

                                                                                                                                                Comment

                                                                                                                                                • aka123
                                                                                                                                                  Confirmed User
                                                                                                                                                  • Jul 2014
                                                                                                                                                  • 4450
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by slapass
                                                                                                                                                  Here is the big thing that drives everyone into a frenzy. Job participation is at a multi year low. But it was at an all time high before the crisis. As baby boomers retire, it is going to get worse. But there is no hidden 30% without jobs who want them. That 30 some percent has always been there and was even bigger in the past. It is wives and old people with some unemployable.
                                                                                                                                                  The job participation is not calculated from the whole population, so old folks don't count if they are over 64. Neither do count under 15 years olds. Wives between 15-64 do count, or "home daddys", or whatever. They may not want a job to start with; great, as there is no jobs for them. So, put it however you want it.


                                                                                                                                                  EDIT: Oops, that labor force participation rate is some special US number. Not employment rate used usually. No wonder it showed better numbers than employment rate.

                                                                                                                                                  You should use this.

                                                                                                                                                  "The employment-population ratio is many American economists' favorite gauge of the American jobs picture[citation needed]. According to Paul Ashworth, chief North American economist for Capital Economics, "The employment population ratio is the best measure of labor market conditions."[1] This is a statistical ratio that measures the proportion of the country's working-age population (ages 15 to 64 in most OECD countries) that is employed."

                                                                                                                                                  Employment-to-population ratio - Wikipedia, the free encyclopedia

                                                                                                                                                    Comment

                                                                                                                                                    • Rochard
                                                                                                                                                      Jägermeister Test Pilot
                                                                                                                                                      • Dec 2001
                                                                                                                                                      • 75733
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by MiamiBoyz
                                                                                                                                                      Enjoy it while you can. The next generation of Americans will not be so fortunate.
                                                                                                                                                      Gee, isn't that exactly what my parent's generation said? And the generation before them?

                                                                                                                                                      I think at a certain age you look around you and you don't like what you see, just because it's different. I don't like it when young men wear their pants so low I can see their boxers but that surely doesn't mean the world is going to end or that the US will become a third world nation.

                                                                                                                                                      Seems to me there are a lot of single mothers out there, and kids from broken homes... Shit, that's EXACTLY what my parents used to complain about.

                                                                                                                                                      The next generation will live even better than we do. They will look back and remember our sixty inch TV as being "cute" now that they have video walls, or they will laugh at us because we had to carry cell phones around with us. You know, just like we mock people who used to own encyclopedia books.
                                                                                                                                                      Herschel Savage
                                                                                                                                                      Brooklyn, NY

                                                                                                                                                        Comment

                                                                                                                                                        • woj
                                                                                                                                                          <&(©¿©)&>
                                                                                                                                                          • Jul 2002
                                                                                                                                                          • 47882
                                                                                                                                                          #39
                                                                                                                                                          Originally posted by aka123
                                                                                                                                                          The job participation is not calculated from the whole population, so old folks don't count if they are over 64. Neither do count under 15 years olds. Wives between 15-64 do count, or "home daddys", or whatever. They may not want a job to start with; great, as there is no jobs for them. So, put it however you want it.
                                                                                                                                                          There are dozens of possible explanations... so it's impossible to draw any conclusions from the "employment-population ratio"...

                                                                                                                                                          maybe more people are choosing to retire earlier (before 64) causing the ratio to drop?
                                                                                                                                                          maybe households are feeling wealthier now, so only one person wants/needs to work instead of 2? maybe more people are choosing different paths in life, starting a business, investing, or perhaps pursuing arts instead of "working"? maybe social standards are changing, so maybe it's more acceptable not to work? maybe younger generation are less materialistic, so they are less interested in work? maybe more people are choosing to study instead of work? etc...

                                                                                                                                                          so... claiming that low "employment-population ratio" proves there is no work available is a bit of a stretch... there are dozens of alternative equally possible explanations...
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                                                                                                                                                            • woj
                                                                                                                                                              <&(©¿©)&>
                                                                                                                                                              • Jul 2002
                                                                                                                                                              • 47882
                                                                                                                                                              #40
                                                                                                                                                              not to mention that whole premise of "employment-population ratio" is debatable, is high or low number good? look at 2 households,

                                                                                                                                                              1. husband works 40 hours a week, makes $100k/year
                                                                                                                                                              wife doesn't work
                                                                                                                                                              "employment-population ratio" = 50%

                                                                                                                                                              2. both work 40 hours a week, making $50k each
                                                                                                                                                              "employment-population ratio" = 100%

                                                                                                                                                              isn't household 1 better off? and yet their "employment-population ratio" is half of the 2nd one....
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                                                                                                                                                                • 2MuchMark
                                                                                                                                                                  Mark of 2Much.net
                                                                                                                                                                  • Aug 2004
                                                                                                                                                                  • 50969
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by Rochard
                                                                                                                                                                  Another drop. Surprise.

                                                                                                                                                                  Cue Vendzilla to tell us how we've been calculating unemployment wrong all of this time, or how less people are looking for jobs, or something.
                                                                                                                                                                  Be careful! You'll invite the republicans and other Obama haters and OOOP- too damn late.

                                                                                                                                                                    Comment

                                                                                                                                                                    • mstyanda
                                                                                                                                                                      Confirmed User
                                                                                                                                                                      • Jan 2013
                                                                                                                                                                      • 247
                                                                                                                                                                      #42
                                                                                                                                                                      Generally I avoid politics conversations on forum boards but I can't resist. Regardless of how unemployment is calculated the reality is that it has been calculated that way for MANY MANY years. Its not like just with this President have they not counted certain groups of people. It has always been done like that. Not that I am a huge Obama fan persay but seems people give him more shit than past Presidents that had WAY less steady growth and improvement.

                                                                                                                                                                      Yes we had a few bad years but there has been a steady improvement. While one could argue for days what caused the huge shift in unemployment rising at the end of 2008 the numbers don't lie. We are looking better, steadily, using the same unemployment factoring that has been used for decades.




                                                                                                                                                                      Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
                                                                                                                                                                      1990 5.4 5.3 5.2 5.4 5.4 5.2 5.5 5.7 5.9 5.9 6.2 6.3
                                                                                                                                                                      1991 6.4 6.6 6.8 6.7 6.9 6.9 6.8 6.9 6.9 7.0 7.0 7.3
                                                                                                                                                                      1992 7.3 7.4 7.4 7.4 7.6 7.8 7.7 7.6 7.6 7.3 7.4 7.4
                                                                                                                                                                      1993 7.3 7.1 7.0 7.1 7.1 7.0 6.9 6.8 6.7 6.8 6.6 6.5
                                                                                                                                                                      1994 6.6 6.6 6.5 6.4 6.1 6.1 6.1 6.0 5.9 5.8 5.6 5.5
                                                                                                                                                                      1995 5.6 5.4 5.4 5.8 5.6 5.6 5.7 5.7 5.6 5.5 5.6 5.6
                                                                                                                                                                      1996 5.6 5.5 5.5 5.6 5.6 5.3 5.5 5.1 5.2 5.2 5.4 5.4
                                                                                                                                                                      1997 5.3 5.2 5.2 5.1 4.9 5.0 4.9 4.8 4.9 4.7 4.6 4.7
                                                                                                                                                                      1998 4.6 4.6 4.7 4.3 4.4 4.5 4.5 4.5 4.6 4.5 4.4 4.4
                                                                                                                                                                      1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0
                                                                                                                                                                      2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
                                                                                                                                                                      2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
                                                                                                                                                                      2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
                                                                                                                                                                      2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
                                                                                                                                                                      2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
                                                                                                                                                                      2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
                                                                                                                                                                      2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
                                                                                                                                                                      2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
                                                                                                                                                                      2008 5.0 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
                                                                                                                                                                      2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
                                                                                                                                                                      2010 9.8 9.8 9.9 9.9 9.6 9.4 9.4 9.5 9.5 9.4 9.8 9.3
                                                                                                                                                                      2011 9.2 9.0 9.0 9.1 9.0 9.1 9.0 9.0 9.0 8.8 8.6 8.5
                                                                                                                                                                      2012 8.3 8.3 8.2 8.2 8.2 8.2 8.2 8.0 7.8 7.8 7.7 7.9
                                                                                                                                                                      2013 8.0 7.7 7.5 7.6 7.5 7.5 7.3 7.2 7.2 7.2 7.0 6.7
                                                                                                                                                                      2014 6.6 6.7 6.6 6.2 6.3 6.1 6.2 6.1 5.9 5.7 5.8 5.6
                                                                                                                                                                      2015 5.7 5.5
                                                                                                                                                                      Mstyanda @ aol .com

                                                                                                                                                                      I have a full time SEO company. They would spank me if I bought random backlinks. Please don't clog up my mailbox with random requests to buy them. Ty!

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                                                                                                                                                                        • Axeman
                                                                                                                                                                          Confirmed User
                                                                                                                                                                          • Feb 2004
                                                                                                                                                                          • 5201
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by SmutHammer
                                                                                                                                                                          eh... Is this coming from you?! I have to say I completely agree!

                                                                                                                                                                          It would be nice if the government didn't feel they had to help take care of these lazy fucks who give up looking and settle for welfare. I would vote to "let them starve" as you said
                                                                                                                                                                          Yep, that is where it is the government's issue. They have too much of a safety net in place, which makes it easier for these lazy bastards to just stay at home, collect the check and watch tv, surf the web and play video games.
                                                                                                                                                                          XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

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                                                                                                                                                                            • slapass
                                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                                              • Nov 2002
                                                                                                                                                                              • 14625
                                                                                                                                                                              #44
                                                                                                                                                                              Originally posted by aka123
                                                                                                                                                                              The job participation is not calculated from the whole population, so old folks don't count if they are over 64. Neither do count under 15 years olds. Wives between 15-64 do count, or "home daddys", or whatever. They may not want a job to start with; great, as there is no jobs for them. So, put it however you want it.


                                                                                                                                                                              EDIT: Oops, that labor force participation rate is some special US number. Not employment rate used usually. No wonder it showed better numbers than employment rate.

                                                                                                                                                                              You should use this.

                                                                                                                                                                              "The employment-population ratio is many American economists' favorite gauge of the American jobs picture[citation needed]. According to Paul Ashworth, chief North American economist for Capital Economics, "The employment population ratio is the best measure of labor market conditions."[1] This is a statistical ratio that measures the proportion of the country's working-age population (ages 15 to 64 in most OECD countries) that is employed."

                                                                                                                                                                              Employment-to-population ratio - Wikipedia, the free encyclopedia
                                                                                                                                                                              The 25 to 54 year olds ratio is at a 6 year high.

                                                                                                                                                                                Comment

                                                                                                                                                                                • slapass
                                                                                                                                                                                  Too lazy to set a custom title
                                                                                                                                                                                  • Nov 2002
                                                                                                                                                                                  • 14625
                                                                                                                                                                                  #45
                                                                                                                                                                                  25 to 54 is at 77%.
                                                                                                                                                                                  Over 55 is at 33%.
                                                                                                                                                                                  Every year more baby boomers cross that border. We can debate the other facts but that one there is pretty powerful as far as this goes.

                                                                                                                                                                                    Comment

                                                                                                                                                                                    • directfiesta
                                                                                                                                                                                      Too lazy to set a custom title
                                                                                                                                                                                      • Oct 2002
                                                                                                                                                                                      • 30135
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by slapass
                                                                                                                                                                                      25 to 54 is at 77%.
                                                                                                                                                                                      Over 55 is at 33%.
                                                                                                                                                                                      Every year more baby boomers cross that border. We can debate the other facts but that one there is pretty powerful as far as this goes.
                                                                                                                                                                                      that makes 110% ... not counting 1 to 24 ...
                                                                                                                                                                                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                                                                                                                                                                                      But I can't figure out how he can breathe or type , at the same time ....

                                                                                                                                                                                        Comment

                                                                                                                                                                                        • Axeman
                                                                                                                                                                                          Confirmed User
                                                                                                                                                                                          • Feb 2004
                                                                                                                                                                                          • 5201
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by directfiesta
                                                                                                                                                                                          that makes 110% ... not counting 1 to 24 ...
                                                                                                                                                                                          He's saying 77% of the 100% eligible 24-55 year old are employed. Not out of the 100% possible all ages.
                                                                                                                                                                                          XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

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                                                                                                                                                                                            • RyuLion
                                                                                                                                                                                              ClubDomCash.com
                                                                                                                                                                                              • Mar 2003
                                                                                                                                                                                              • 32369
                                                                                                                                                                                              #48
                                                                                                                                                                                              yawnnnnnnnnn..

                                                                                                                                                                                              Adult Biz Consultant A tech head since 1995
                                                                                                                                                                                              Affiliate Support: Chaturbate | CCBill Live

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                                                                                                                                                                                                • Rochard
                                                                                                                                                                                                  Jägermeister Test Pilot
                                                                                                                                                                                                  • Dec 2001
                                                                                                                                                                                                  • 75733
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  Originally posted by mstyanda
                                                                                                                                                                                                  Generally I avoid politics conversations on forum boards but I can't resist. Regardless of how unemployment is calculated the reality is that it has been calculated that way for MANY MANY years. Its not like just with this President have they not counted certain groups of people. It has always been done like that. Not that I am a huge Obama fan persay but seems people give him more shit than past Presidents that had WAY less steady growth and improvement.

                                                                                                                                                                                                  Yes we had a few bad years but there has been a steady improvement. While one could argue for days what caused the huge shift in unemployment rising at the end of 2008 the numbers don't lie. We are looking better, steadily, using the same unemployment factoring that has been used for decades.




                                                                                                                                                                                                  Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
                                                                                                                                                                                                  1990 5.4 5.3 5.2 5.4 5.4 5.2 5.5 5.7 5.9 5.9 6.2 6.3
                                                                                                                                                                                                  1991 6.4 6.6 6.8 6.7 6.9 6.9 6.8 6.9 6.9 7.0 7.0 7.3
                                                                                                                                                                                                  1992 7.3 7.4 7.4 7.4 7.6 7.8 7.7 7.6 7.6 7.3 7.4 7.4
                                                                                                                                                                                                  1993 7.3 7.1 7.0 7.1 7.1 7.0 6.9 6.8 6.7 6.8 6.6 6.5
                                                                                                                                                                                                  1994 6.6 6.6 6.5 6.4 6.1 6.1 6.1 6.0 5.9 5.8 5.6 5.5
                                                                                                                                                                                                  1995 5.6 5.4 5.4 5.8 5.6 5.6 5.7 5.7 5.6 5.5 5.6 5.6
                                                                                                                                                                                                  1996 5.6 5.5 5.5 5.6 5.6 5.3 5.5 5.1 5.2 5.2 5.4 5.4
                                                                                                                                                                                                  1997 5.3 5.2 5.2 5.1 4.9 5.0 4.9 4.8 4.9 4.7 4.6 4.7
                                                                                                                                                                                                  1998 4.6 4.6 4.7 4.3 4.4 4.5 4.5 4.5 4.6 4.5 4.4 4.4
                                                                                                                                                                                                  1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0
                                                                                                                                                                                                  2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
                                                                                                                                                                                                  2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
                                                                                                                                                                                                  2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
                                                                                                                                                                                                  2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
                                                                                                                                                                                                  2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
                                                                                                                                                                                                  2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
                                                                                                                                                                                                  2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
                                                                                                                                                                                                  2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
                                                                                                                                                                                                  2008 5.0 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
                                                                                                                                                                                                  2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
                                                                                                                                                                                                  2010 9.8 9.8 9.9 9.9 9.6 9.4 9.4 9.5 9.5 9.4 9.8 9.3
                                                                                                                                                                                                  2011 9.2 9.0 9.0 9.1 9.0 9.1 9.0 9.0 9.0 8.8 8.6 8.5
                                                                                                                                                                                                  2012 8.3 8.3 8.2 8.2 8.2 8.2 8.2 8.0 7.8 7.8 7.7 7.9
                                                                                                                                                                                                  2013 8.0 7.7 7.5 7.6 7.5 7.5 7.3 7.2 7.2 7.2 7.0 6.7
                                                                                                                                                                                                  2014 6.6 6.7 6.6 6.2 6.3 6.1 6.2 6.1 5.9 5.7 5.8 5.6
                                                                                                                                                                                                  2015 5.7 5.5
                                                                                                                                                                                                  I do not understand why this is a political conversation. It isn't.

                                                                                                                                                                                                  We've determined the unemployment rate the same way since the beginning of time, so we must use the same method to compare it to past months and years.

                                                                                                                                                                                                  It's obvious that the unemployment rate was going to drop (a lot) and the economy was going to get much better. Both of these two couldn't have gotten much worse no matter how bad the President fucked up.

                                                                                                                                                                                                  While Fox news might be telling us the economy sucks, even the Republican party has given up on using the economy as a debating issue. That ship has sailed.

                                                                                                                                                                                                  This isn't a political issue. I want the economy to do better no matter what party is in the white house.
                                                                                                                                                                                                  Herschel Savage
                                                                                                                                                                                                  Brooklyn, NY

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                                                                                                                                                                                                    • Rochard
                                                                                                                                                                                                      Jägermeister Test Pilot
                                                                                                                                                                                                      • Dec 2001
                                                                                                                                                                                                      • 75733
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      Originally posted by Axeman
                                                                                                                                                                                                      Yep, that is where it is the government's issue. They have too much of a safety net in place, which makes it easier for these lazy bastards to just stay at home, collect the check and watch tv, surf the web and play video games.
                                                                                                                                                                                                      I agree.

                                                                                                                                                                                                      My older brother collected two years of unemployment because he could. He didn't need to work, did the bare minimum to keep getting the benefits, and when they ran out it was no big deal.

                                                                                                                                                                                                      Another friend works full time under the table and feeds his family using food stamps.

                                                                                                                                                                                                      Come to think of it, how many people are working full time under the table but still list themselves as unemployed?
                                                                                                                                                                                                      Herschel Savage
                                                                                                                                                                                                      Brooklyn, NY

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