REAL WORLD EVENT DISCUSSIONS

Unemployment Rate Facts

POSTED BY: JEWELSTAITEFAN
UPDATED: Tuesday, October 8, 2024 21:15
SHORT URL:
VIEWED: 30431
PAGE 3 of 17

Friday, May 4, 2018 1:07 PM

JEWELSTAITEFAN


Updating with today's Jobs Report data:

I will refer to this set of data as Table JSF-URF-1

Found some data prior to 10 years ago:
Jan 2002 is listed twice. First with original report data from February 2002. Second with revised data from new Census data, published in February 2003.

Quote:

Originally posted by JEWELSTAITEFAN:
BLS currently defines the Want A Job category as not being part of the Labor Force.

So I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

I will use only the Unadjusted numbers, to help maintain clarity and transparency.


Mo/Yr Unemp Pcnt WAJb Pcnt SubTtl Prcnt InvPT Pcnt Total Percnt CivPop LbrForc Prtc% U-6%
Jan98 07069 05.2% 5026 3.7% 12095 08.9% 4090 3.0% 16185 11.9% 204238 135951 66.6 09.3
Jan99 06604 04.8% 4800 3.5% 11404 08.3% 3645 2.6% 15049 10.9% 206719 137943 66.7 08.5
Jan00 06316 04.5% 4354 3.1% 10670 07.6% 3355 2.4% 14025 10.0% 208782 139621 66.9 07.8
Jan01 06647 04.7% 4474 3.2% 11121 07.9% 3559 2.5% 14680 10.4% 210889 141049 66.9 08.1
Jan02 08935 06.3% 4872 3.5% 13807 09.8% 4249 3.0% 18056 12.8% 213089 141074 66.2 10.5

Jan02 09051 06.3% 4938 3.4% 13989 09.8% 4453 3.1% 18442 12.9% 216506 143228 66.2 10.5
Jan03 09395 06.5% 4779 3.3% 14174 09.8% 5003 3.4% 19177 13.2% 219897 145301 66.1 11.0
Jan04 09144 06.3% 4913 3.4% 14057 09.6% 5152 3.5% 19209 13.2% 222161 146068 65.7 10.9
Jan05 08444 05.7% 5136 3.5% 13580 09.2% 4793 3.3% 18373 12.5% 224837 147125 65.4 10.2
Jan06 07608 05.1% 5095 3.4% 12703 08.5% 4513 3.0% 17216 11.5% 227553 149090 65.5 09.2
Jan07 07649 05.0% 4633 3.0% 12282 08.1% 4620 3.0% 16902 11.1% 230650 151924 65.9 09.1
Jan08 08221 05.4% 4977 3.2% 13198 08.6% 5235 3.5% 18433 12.1% 232616 152828 65.7 09.9
Jan09 13009 08.5% 5866 3.8% 18875 12.3% 8675 5.7% 27550 18.0% 234739 153445 65.4 15.4
Jan10 16147 10.6% 6108 4.0% 22255 14.6% 9161 5.9% 31416 20.5% 236832 152957 64.6 18.0
Jan11 14937 09.8% 6643 4.3% 21580 14.1% 9027 6.0% 30607 20.1% 238704 152536 63.9 17.3
Jan12 13541 08.8% 6495 4.3% 20036 13.1% 8747 5.7% 28783 18.8% 242269 153485 63.4 16.2
Jan13 13181 08.5% 6781 4.4% 19962 12.9% 8506 5.5% 28468 18.4% 244663 154794 63.3 15.4
Jan14 10855 07.0% 6508 4.2% 17363 11.2% 7617 5.0% 24980 16.2% 246915 154381 62.5 13.5
Jan15 09498 06.1% 6467 4.1% 15965 10.2% 7125 4.6% 23090 14.8% 249723 156050 62.5 12.0
Jan16 08309 05.3% 6166 3.9% 14475 09.2% 6234 4.0% 20709 13.2% 252397 157347 62.3 10.5
Jan17 08149 05.1% 5934 3.8% 14083 08.9% 6127 3.8% 20210 12.7% 254082 158676 62.5 10.1
Jan18 07189 04.5% 5364 3.3% 12553 07.8% 5380 3.4% 17933 11.2% 256780 160037 62.3 08.9

Feb18 07091 04.4% 5152 3.2% 12243 07.6% 5241 3.2% 17484 10.8% 256934 161494 62.9 08.6
Mar18 06671 04.1% 4793 3.0% 11464 07.1% 4975 3.1% 16439 10.2% 257097 161548 62.8 08.1
Aprl18 05932 03.7% 5010 3.1% 10942 06.8% 4631 2.9% 15573 09.7% 257272 161280 62.7 07.4


Jul 12 13400 08.6% 6837 4.3% 20237 12.9% 8218 5.3% 28455 18.2% 243354 156526 64.3 15.2
Aug12 12696 08.2% 7631 4.9% 20327 13.1% 7723 5.0% 28050 18.1% 243566 155255 63.7 14.6
Sep12 11742 07.6% 6427 4.1% 18169 11.7% 8003 5.2% 26172 16.9% 243772 155075 63.6 14.2
Oct12 11741 07.5% 6142 4.0% 17883 11.5% 7768 5.0% 25651 16.5% 243983 155779 63.8 13.9
Nov12 11404 07.4% 6495 4.2% 17899 11.6% 7898 5.0% 25797 16.6% 244174 154953 63.5 13.9


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.


Quote:

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate after 2008 was able to be artificially less by shifting more unemployed into the Want A Job category, which Obamanomics managed to increase to over 7 Million for the only time in the BLS tables. This Jan figure (Want A Job) didn't return to within 0.1% of 2008 level until 2018, after Trump's first year.
The figure of Unemployed plus Want A Job is indisputably the real Unfake Unemployment figure.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

The Want A Job count maxxed out in Aug 2012, just as Obama was proclaiming that Unemployment Rates had dropped, which he needed to get below 8.0% by October, in order to win re-election.

Well, it looks like the current U6 right now is lower than every January of the past 24 years, since the creation of U-6, according to BLS figures.

From 2009 to 2017, the Civilian noninstitutional Population grew by 19.343 Million. With a nominal post-9/11 Labor Participation Rate of 66%, the Labor Force would have grown by 12.766 Million. But Obama's Deep State reported that the Labor Force only grew by 5.231 Million. Labor Force is defined as all Employed + all Unemployed. So Obama would have you believe that during his 8 years, 7.5 Million extra Employ-eligible population were NOT unemployed (nor employed).



And splitting the table into 2 smaller versions:

I will refer to this set of data as Table JSF-URF-1AB
Quote:

Originally posted by JEWELSTAITEFAN:
BLS currently defines the Want A Job category as not being part of the Labor Force.

So I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

I will use only the Unadjusted numbers, to help maintain clarity and transparency.


Mo/Yr Unemp Pcnt WAJb Pcnt SubTtl Prcnt InvPT Pcnt Total Percnt
Jan08 08221 05.4% 4977 3.2% 13198 08.6% 5235 3.5% 18433 12.1%
Jan09 13009 08.5% 5866 3.8% 18875 12.3% 8675 5.7% 27550 18.0%
Jan10 16147 10.6% 6108 4.0% 22255 14.6% 9161 5.9% 31416 20.5%
Jan11 14937 09.8% 6643 4.3% 21580 14.1% 9027 6.0% 30607 20.1%
Jan12 13541 08.8% 6495 4.3% 20036 13.1% 8747 5.7% 28783 18.8%
Jan13 13181 08.5% 6781 4.4% 19962 12.9% 8506 5.5% 28468 18.4%
Jan14 10855 07.0% 6508 4.2% 17363 11.2% 7617 5.0% 24980 16.2%
Jan15 09498 06.1% 6467 4.1% 15965 10.2% 7125 4.6% 23090 14.8%
Jan16 08309 05.3% 6166 3.9% 14475 09.2% 6234 4.0% 20709 13.2%
Jan17 08149 05.1% 5934 3.8% 14083 08.9% 6127 3.8% 20210 12.7%
Jan18 07189 04.5% 5364 3.3% 12553 07.8% 5380 3.4% 17933 11.2%

Feb18 07091 04.4% 5152 3.2% 12243 07.6% 5241 3.2% 17484 10.8%
Mar18 06671 04.1% 4793 3.0% 11464 07.1% 4975 3.1% 16439 10.2%
Apr18 05932 03.7% 5010 3.1% 10942 06.8% 4631 2.9% 15573 09.7%

Jul 12 13400 08.6% 6837 4.3% 20237 12.9% 8218 5.3% 28455 18.2%
Aug12 12696 08.2% 7631 4.9% 20327 13.1% 7723 5.0% 28050 18.1%
Sep12 11742 07.6% 6427 4.1% 18169 11.7% 8003 5.2% 26172 16.9%
Oct12 11741 07.5% 6142 4.0% 17883 11.5% 7768 5.0% 25651 16.5%
Nov12 11404 07.4% 6495 4.2% 17899 11.6% 7898 5.0% 25797 16.6%




Mo/Yr Unemp Pcnt WAJb Pcnt Total Percnt CivPop LbrForc Prtc% U-6%
Jan08 08221 05.4% 4977 3.2% 18433 12.1% 232616 152828 65.7 09.9
Jan09 13009 08.5% 5866 3.8% 27550 18.0% 234739 153445 65.4 15.4
Jan10 16147 10.6% 6108 4.0% 31416 20.5% 236832 152957 64.6 18.0
Jan11 14937 09.8% 6643 4.3% 30607 20.1% 238704 152536 63.9 17.3
Jan12 13541 08.8% 6495 4.3% 28783 18.8% 242269 153485 63.4 16.2
Jan13 13181 08.5% 6781 4.4% 28468 18.4% 244663 154794 63.3 15.4
Jan14 10855 07.0% 6508 4.2% 24980 16.2% 246915 154381 62.5 13.5
Jan15 09498 06.1% 6467 4.1% 23090 14.8% 249723 156050 62.5 12.0
Jan16 08309 05.3% 6166 3.9% 20709 13.2% 252397 157347 62.3 10.5
Jan17 08149 05.1% 5934 3.8% 20210 12.7% 254082 158676 62.5 10.1
Jan18 07189 04.5% 5364 3.3% 17933 11.2% 256780 160037 62.3 08.9

Feb18 07091 04.4% 5152 3.2% 17484 10.8% 256934 161494 62.9 08.6
Mar18 06671 04.1% 4793 3.0% 16439 10.2% 257097 161548 62.8 08.1
Apr18 05932 03.7% 5010 3.1% 15573 09.7% 257272 161280 62.7 07.4


Jul 12 13400 08.6% 6837 4.3% 28455 18.2% 243354 156526 64.3 15.2
Aug12 12696 08.2% 7631 4.9% 28050 18.1% 243566 155255 63.7 14.6
Sep12 11742 07.6% 6427 4.1% 26172 16.9% 243772 155075 63.6 14.2
Oct12 11741 07.5% 6142 4.0% 25651 16.5% 243983 155779 63.8 13.9
Nov12 11404 07.4% 6495 4.2% 25797 16.6% 244174 154953 63.5 13.9
Quote:

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate after 2008 was able to be artificially less by shifting more unemployed into the Want A Job category, which Obamanomics managed to increase to over 7 Million for the only time in the BLS tables. This Jan figure (Want A Job) didn't return to within 0.1% of 2008 level until 2018, after Trump's first year.
The figure of Unemployed plus Want A Job is indisputably the real Unfake Unemployment figure.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

The Want A Job count maxxed out in Aug 2012, just as Obama was proclaiming that Unemployment Rates had dropped, which he needed to get below 8.0% by October, in order to win re-election.


NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 1:33 PM

JEWELSTAITEFAN


Updating with today's Jobs Report to this Table of Data, which seems to best show the components of U6:

I will refer to this set of data as Table JSF-URF-2

Note: this year the Marginally Attached data is in Table A-16 of the report.
Quote:

I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. For example, the current Rate of 4.1% (for 4 months straight) is SeasAdj, and the real Rate is 4.5% for Jan 2018. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the unemployed. The 2nd column is the Rate.
The 3rd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category. The 5th column is the sum of Unemployed plus Marginally Attached - which more accurately represents the Actual Unemployed. The 6th column is the Rate for column 5 figure.
The 7th column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT. The 8th column is the Rate for column 7. The 9th column is the sum of the 5th column plus 7th column. 10th column is the Rate for column 9 figure. The Rates in columns 2, 4, 6, 8, 10 have the denominator of Labor Force.
The 11th column is the Civilian Population. 12th column is Labor Force, 13th column is Participation Rate. 14th column is the published U-6 figure.


Figures in thousands.

MoYr Unem Pct MrgAt Pct SbTtl Pcnt InvPT Pct Total Prcnt CivPop LbrForc Prtc% U6%
Ja93 09911 07.9 2120 1.6 11612 09.0 6181 4.9 16575 12.8 192644 126034 65.4
Ja94 09492 07.3 2120 1.6 11612 09.0 4963 3.8 16575 12.8 195953 129393 66.0
Ja95 08101 06.2 1783 1.4 09884 07.6 4620 3.5 14504 11.1 197753 130698 66.1
Ja96 08270 06.3 1737 1.3 10007 07.6 4103 3.1 14110 10.7 199634 131396 65.8 10.8
Ja97 07933 05.9 1615 1.2 09548 07.1 4338 3.2 13886 10.3 202285 134317 66.4 10.4
Ja98 07069 05.2 1479 1.1 08548 06.3 4090 3.0 12638 09.3 204238 135951 66.6 09.3
Ja99 06604 04.8 1358 1.0 07962 05.8 3645 2.6 11607 08.4 206719 137943 66.7 08.5
Ja00 06316 04.5 1197 0.9 07513 05.4 3355 2.4 10868 07.8 208782 139621 66.9 07.8
Ja01 06647 04.7 1290 0.9 07937 05.6 3559 2.5 11496 08.2 210889 141049 66.9 08.1
Ja02 08935 06.3 1509 1.1 10444 07.4 4249 3.0 14693 10.4 213089 141074 66.2 10.5

Ja02 09051 06.3 1532 1.1 10583 07.4 4453 3.1 15036 10.5 216506 143228 66.2 10.5
Ja03 09395 06.5 1598 1.1 10993 07.6 5003 3.4 15996 11.0 219897 145301 66.1 11.0
Ja04 09144 06.3 1670 1.1 10814 07.4 5152 3.5 15966 10.9 222161 146068 65.7 10.9
Ja05 08444 05.7 1804 1.2 10248 07.0 4793 3.3 15041 10.2 224837 147125 65.4 10.2
Ja06 07608 05.1 1644 1.1 09252 06.2 4513 3.0 13765 09.2 227553 149090 65.5 09.2
Ja07 07649 05.0 1577 1.0 09226 06.1 4620 3.0 13846 09.1 230650 151924 65.9 09.1
Ja08 08221 05.4 1729 1.1 09950 06.5 5235 3.4 15185 09.9 232616 152828 65.7 09.9
Ja09 13009 08.5 2130 1.4 15139 09.9 8675 5.6 23814 15.5 234739 153445 65.4 15.4
Ja10 16147 10.6 2539 1.6 18686 12.2 9161 6.0 27847 18.2 236832 152957 64.6 18.0
Ja11 14937 09.8 2800 1.8 17737 11.6 9027 5.9 26764 17.5 238704 152536 63.9 17.3
Ja12 13541 08.8 2809 1.9 16350 10.7 8747 5.7 25097 16.4 242269 153485 63.4 16.2
Ja13 13181 08.5 2443 1.6 15624 10.1 8506 5.5 24130 15.6 244663 154794 63.3 15.4
Ja14 10855 07.0 2592 1.7 13447 08.7 7617 4.9 21064 13.6 246915 154381 62.5 13.5
Ja15 09498 06.1 2234 1.4 11732 07.5 7125 4.6 18857 12.1 249723 156050 62.5 12.0
Ja16 08309 05.3 2089 1.3 10398 06.6 6234 4.0 16632 10.6 252397 157347 62.3 10.5
Ja17 08149 05.1 1752 1.1 09901 06.2 6127 3.9 16028 10.1 254082 158676 62.5 10.1
Ja18 07189 04.5 1653 1.0 08842 05.5 5380 3.4 14222 08.9 256780 160037 62.3 08.9

Fb18 07091 04.4 1602 1.0 08693 05.4 5241 3.2 13934 08.6 256934 161494 62.9 08.6
Ma18 06671 04.1 1454 0.9 08125 05.0 4975 3.1 13100 08.1 257097 161548 62.8 08.1
Ap18 05932 03.7 1362 0.8 07294 04.5 4631 2.9 11925 07.4 257272 161280 62.7 07.4


J l 12 13400 08.6 2529 1.6 15929 10.2 8218 5.2 24147 15.4 243354 156526 64.3
Au12 12696 08.2 2561 1.6 15257 09.8 7723 5.0 22980 14.8 243566 155255 63.7
Se12 11742 07.6 2517 1.6 14259 09.2 8003 5.2 22262 14.4 243772 155075 63.6
Oc12 11741 07.5 2433 1.6 14174 09.1 7768 5.0 21942 14.1 243983 155779 63.8
Nv12 11404 07.4 2505 1.6 13909 09.0 7898 5.1 21807 14.1 244174 154953 63.5


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.

Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.

The figure of Unemployed plus Marginally Attached is indisputably the real Unfake Unemployment figure. It does not return to Jan 2008 level until 2017, after Trump was Elected. For April 2018 this figure is lower than any January figure since it was created in 1994.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.
By 2016 the Marginally Attached plus Involuntary Part-Time counts were more than the Fake Unemployment count.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 2:00 PM

JEWELSTAITEFAN



Adding to this Table of Data, which includes Not Fully Employed Rate.

I will refer to this set of data as Table JSF-URF-3

I will post some actual numbers and let the comparisons and discussion follow.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the Unemployed.
The 2nd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category.
The 3rd column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT. The 4th column of numbers is the sum of the 1st, 2nd, and 3rd columns. 5th column is the Rate for column 4 figure, divided by Labor Force.

The 6th column of numbers is the Subtotal of columns 1 and 3, Unemployed plus Involuntary Part-Time.
The 7th column is Labor Force minus column 6. This is also Employed minus column 3 Involuntary Part-Time. This is not a figure identified by BLS, so I will call it Actually Fully Employed. This is Employed Full-time plus Voluntary Part-Time.

Not listed, but Civilian noninstitutional Population minus Actually Fully Employed is also a figure avoided by BLS, and I will call it Not Fully Employed, which is Unemployed plus Involuntary Part-Time plus Marginally Attached plus Not In Labor Force. The 8th column is Not Fully Employed Rate, which is divided by Civilian noninstitutional Population.

The 9th column is the Civilian Population. 10th column is Labor Force, 11th column is Participation Rate. 12th column is the published U-6 figure.

Figures in thousands.

Mo/Yr Unem MrgAt InvPT Total Prcnt SubTtl AcEmpl NtEm CivPop LbrForc Prtc% U6%
Jan94 09492 2120 4963 16575 12.8% 14455 114938 41.3% 195953 129393 66.0
Jan95 08101 1783 4620 14504 11.1% 12721 117923 40.4% 197753 130698 66.1
Jan96 08270 1737 4103 14110 10.7% 12373 119023 40.4% 199634 131396 65.8 10.8
Jan97 07933 1615 4338 13886 10.3% 12271 122046 39.7% 202285 134317 66.4 10.4
Jan98 07069 1479 4090 12638 09.3% 11159 124798 38.9% 204238 135951 66.6 09.3
Jan99 06604 1358 3645 11607 08.4% 10249 127694 38.2% 206719 137943 66.7 08.5
Jan00 06316 1197 3355 10868 07.8% 09671 129950 37.8% 208782 139621 66.9 07.8
Jan01 06647 1290 3559 11496 08.2% 10206 130843 38.0% 210889 141049 66.9 08.1
Jan02 08935 1509 4249 14693 10.4% 13184 127890 40.0% 213089 141074 66.2 10.5

Jan02 09051 1532 4453 15036 10.5% 13504 129724 40.1% 216506 143228 66.2 10.5
Jan03 09395 1598 5003 15996 11.0% 14398 130903 40.5% 219897 145301 66.1 11.0
Jan04 09144 1670 5152 15966 10.9% 14296 131772 40.7% 222161 146068 65.7 10.9
Jan05 08444 1804 4793 15041 10.2% 13237 133888 40.5% 224837 147125 65.4 10.2
Jan06 07608 1644 4513 13765 09.2% 12122 136978 39.8% 227553 149090 65.5 09.2
Jan07 07649 1577 4620 13846 09.1% 12269 139655 39.5% 230650 151924 65.9 09.1
Jan08 08221 1729 5235 15185 09.9% 13456 139372 40.1% 232616 152828 65.7 09.9
Jan09 13009 2130 8675 23814 15.5% 21684 131761 43.9% 234739 153445 65.4 15.4
Jan10 16147 2539 9161 27847 18.2% 25308 127649 46.1% 236832 152957 64.6 18.0
Jan11 14937 2800 9027 26764 17.5% 23964 128572 46.1% 238704 152536 63.9 17.3
Jan12 13541 2809 8747 25097 16.4% 22288 131197 45.8% 242269 153485 63.4 16.2
Jan13 13181 2443 8506 24130 15.6% 21687 133107 45.6% 244663 154794 63.3 15.4
Jan14 10855 2592 7617 21064 13.6% 18472 135909 45.0% 246915 154381 62.5 13.5
Jan15 09498 2234 7125 18857 12.1% 16623 139427 44.2% 249723 156050 62.5 12.0
Jan16 08309 2089 6234 16632 10.6% 14543 142804 43.4% 252397 157347 62.3 10.5
Jan17 08149 1752 6127 16028 10.1% 14276 144400 43.2% 254082 158676 62.5 10.1
Jan18 07189 1653 5380 14222 08.9% 12569 147468 42.6% 256780 160037 62.3 08.9

Feb18 07091 1602 5241 13934 08.6% 12332 149162 41.9% 256934 161494 62.9 08.6
Mar18 06671 1454 4975 13100 08.1% 11646 149902 41.7% 257097 161548 62.8 08.1
Apr18 05932 1362 4631 11925 07.4% 10563 150717 41.4% 257272 161280 62.7 07.4


Jul 12 13400 2529 8218 24147 15.4% 21618 134908 44.1% 243354 156526 64.3
Aug12 12696 2561 7723 22980 14.8% 20419 134836 44.6% 243566 155255 63.7
Sep12 11742 2517 8003 22262 14.4% 19745 135330 44.5% 243772 155075 63.6
Oct12 11741 2433 7768 21942 14.1% 19509 136270 44.1% 243983 155779 63.8
Nov12 11404 2505 7898 21807 14.1% 19302 135651 44.4% 244174 154953 63.5


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.

Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.


The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.


In the previous Tables of data, we can see that as far as common Indicators are concerned, all figures, totals, and Subtotals are at or near all-time lows (since the creation of U-6 in 1994) under Trump. But the categories are still manipulated, and potentially misrepresented.
So to help understand how much of the population is actually not allowed to be Employed Full-time when they want to, I have included in the above Table the 8th column of numbers, the Not Fully Employed Rate, which is a percentage of the Civilian noninstitutional Population. Because of the much larger denominator this figure will not have such drastic swings as other figures reported. This can help demonstrate how many are still able to fill a "tight Labor Market" which some are worried about. It can also provide an unvarnished picture of how many are not working, and compare to other periods since U-6 was created. These 2 figures help show how the Labor Force Participation Rate and U-6 realistically work together.

Even with this new figure, it is the lowest since the Rock-The-Vote Democrat Recession, which began October 2007 at the start of FY2008.

So, for those like 6ix, is there further valid dispute that the numbers are improved under Trump? It seems the only other objection would be claims of wholesale number fabrication.

This post has been under construction for over a day, while I attempted to resolve issues of display and presentation, and updating. Thanks for your patience.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 2:03 PM

JEWELSTAITEFAN



Adding to this Table of Data, where I included the Margin of Gain for Labor Force, and Margin of Gain for Actually Fully Employed:

I will refer to this set of data as Table JSF-URF-4

I will post some actual numbers and let the comparisons and discussion follow.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the unemployed.
The 2nd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category.
The 3rd column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT.
The 4th column is the sum of the first 3 columns. 5th column is the Rate for column 4 figure, with Labor Force as the denominator.
The 6th column of numbers is the Subtotal of columns 1 and 3, Unemployed plus Involuntary Part-Time.
The 7th column is Labor Force minus column 6. This is also Employed minus column 3 Involuntary Part-Time. This is not a figure identified by BLS, so I will call it Actually Fully Employed. This is Employed Full-time plus Voluntary Part-Time.
Not listed, but Civilian noninstitutional Population minus Actually Fully Employed is also a figure avoided by BLS, and I will call it Not Fully Employed, which is Unemployed plus Involuntary Part-Time plus Marginally Attached plus Not In Labor Force. The 8th column is Not Fully Employed Rate, which is divided by Civilian noninstitutional Population.
The 9th column is the Civilian Population. 10th column is Labor Force, 11th column is Participation Rate.
The 12th column is Marginal Labor Force Rate. This percent is the gain of the Labor Force divided by the gain of the Civilian noninstitutional Population.
The 13th column is the Marginal Actual Fully Employed Rate. This percent is the gain in the Actual Fully Employed divided by the gain of the Civilian noninstitutional Population.

Figures in thousands.

MoYr Unem MrgAt InvPT Total Prct SubTtl AcEmpl NtEm CivPop LbrForc Prtc% MgLF MgAE
Ja94 09492 2120 4963 16575 12.8 14455 114938 41.3% 195953 129393 66.0 +101.5
Ja95 08101 1783 4620 14504 11.1 12721 117923 40.4% 197753 130698 66.1 +072.5 +165.8
Ja96 08270 1737 4103 14110 10.7 12373 119023 40.4% 199634 131396 65.8 +037.1 +058.5
Ja97 07933 1615 4338 13886 10.3 12271 122046 39.7% 202285 134317 66.4 +110.2 +114.1
Ja98 07069 1479 4090 12638 09.3 11159 124798 38.9% 204238 135951 66.6 +083.7 +140.9
Ja99 06604 1358 3645 11607 08.4 10249 127694 38.2% 206719 137943 66.7 +080.3 +116.7
Ja00 06316 1197 3355 10868 07.8 09671 129950 37.8% 208782 139621 66.9 +081.3 +109.4
Ja01 06647 1290 3559 11496 08.2 10206 130843 38.0% 210889 141049 66.9 +067.8 +042.4
Ja02 08935 1509 4249 14693 10.4 13184 127890 40.0% 213089 141074 66.2 +001.1 --134.2

Ja02 09051 1532 4453 15036 10.5 13504 129724 40.1% 216506 143228 66.2 +038.8 --019.9
Ja03 09395 1598 5003 15996 11.0 14398 130903 40.5% 219897 145301 66.1 +061.1 +034.8
Ja04 09144 1670 5152 15966 10.9 14296 131772 40.7% 222161 146068 65.7 +033.9 +038.4
Ja05 08444 1804 4793 15041 10.2 13237 133888 40.5% 224837 147125 65.4 +039.5 +079.1
Ja06 07608 1644 4513 13765 09.2 12122 136978 39.8% 227553 149090 65.5 +072.3 +113.8
Ja07 07649 1577 4620 13846 09.1 12269 139655 39.5% 230650 151924 65.9 +091.5 +086.4
Ja08 08221 1729 5235 15185 09.9 13456 139372 40.1% 232616 152828 65.7 +046.0 --014.4
Ja09 13009 2130 8675 23814 15.5 21684 131761 43.9% 234739 153445 65.4 +029.1 --358.5
Ja10 16147 2539 9161 27847 18.2 25308 127649 46.1% 236832 152957 64.6 --023.3 --196.5
Ja11 14937 2800 9027 26764 17.5 23964 128572 46.1% 238704 152536 63.9 --022.5 +049.3
Ja12 13541 2809 8747 25097 16.4 22288 131197 45.8% 242269 153485 63.4 +026.6 +073.6
Ja13 13181 2443 8506 24130 15.6 21687 133107 45.6% 244663 154794 63.3 +054.7 +079.8
Ja14 10855 2592 7617 21064 13.6 18472 135909 45.0% 246915 154381 62.5 --018.3 +124.4
Ja15 09498 2234 7125 18857 12.1 16623 139427 44.2% 249723 156050 62.5 +059.4 +125.3
Ja16 08309 2089 6234 16632 10.6 14543 142804 43.4% 252397 157347 62.3 +055.8 +145.6
Ja17 08149 1752 6127 16028 10.1 14276 144400 43.2% 254082 158676 62.5 +078.9 +094.7
Ja18 07189 1653 5380 14222 08.9 12569 147468 42.6% 256780 160037 62.3 +050.4 +113.7

Fb18 07091 1602 5241 13934 08.6 12332 149162 41.9% 256934 161494 62.9 +946.1 1100.0
Ma18 06671 1454 4975 13100 08.1 11646 149902 41.7% 257097 161548 62.8 +033.1 +454.0
Ap18 05932 1362 4631 11925 07.4 10563 150717 41.4% 257272 161280 62.7 --153.1 +456.7


Jl 12 13400 2529 8218 24147 15.4 21618 134908 44.1% 243354 156526 64.3
Ag12 12696 2561 7723 22980 14.8 20419 134836 44.6% 243566 155255 63.7 --598.6 --034.0
Se12 11742 2517 8003 22262 14.4 19745 135330 44.5% 243772 155075 63.6 --087.4 +239.8
Oc12 11741 2433 7768 21942 14.1 19509 136270 44.1% 243983 155779 63.8 +333.6 +445.5
No12 11404 2505 7898 21807 14.1 19302 135651 44.4% 244174 154953 63.5 --432.5 --324.1


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.
This color highlights Actually Employed figures which have not recovered from a prior high count.
This color highlights growth of Civilian noninstitutional Population over 3 Million, 18 years after relevant births.


Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.


This post has been under construction for several days, during editing for display and presentation. Thanks for your patience.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 5:47 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate
/

There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.

But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.a.htm

Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.

So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 6:22 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate
/

There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.

But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.t01.htm

Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.

So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.

Umm.
March 2018 Employed is reported as 155,877. 154,877,000.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 471,000 persons which BLS classifies as "Employed" in their report.
That is 471,000 instead of 3,000 more Employed.

March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.

Between these 2 sole figures, a net gain of 201,000 203,000 can be cyphered out.

The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.
That is 739,000 instead of 239,000 fewer Unemployed.

Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 6:57 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


Quote:

Originally posted by JEWELSTAITEFAN:

Umm.
March 2018 Employed is reported as 155,877.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 persons which BLS classifies as "Employed" in their report.

March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.

Between these 2 sole figures, a net gain of 201,000 can be cyphered out.

The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.

Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.

I got my numbers from www.bls.gov/news.release/empsit.a.htm and marked them with { }

If you believe your numbers are better than mine, where did yours come from?

Then when you did your subtraction using your numbers, you should have noted that the answers were less than zero or minus or negative or worse in April than in March.
Quote:

Umm.
March 2018 Employed is reported as 155,877. {155,178,000 }
April 2018 Employed is reported as 155,348. {155,181,000 }
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 persons {subtracted 469,000 persons} which BLS classifies as "Employed" in their report.

March 2018 Labor Force is reported as 161,548,000. {161,763,000 }
April 2018 Labor Force is reported as 161,280,000. {161,527,000 }
Cypher-savvy units can Math out a difference of 268,000. { You are wrong. It is minus 268,000, not plus. Labor participation is worse in April than in March. }

Between these 2 sole figures, a net gain of 201,000 can be cyphered o



The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 8:38 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by JEWELSTAITEFAN:
Umm.
March 2018 Employed is reported as 155,877.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 persons which BLS classifies as "Employed" in their report.

March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.

Between these 2 sole figures, a net gain of 201,000 can be cyphered out.

The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.

Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.



I got my numbers from
www.bls.gov/news.release/empsit.t01.htm
Quote:


If you believe your numbers are better than mine, where did yours come from?

Then when you did your subtraction using your numbers, you should have noted that the answers were less than zero or minus or negative or worse in April than in March.
Quote:

Umm.
March 2018 Employed is reported as 155,877. {155,178,000 }
April 2018 Employed is reported as 155,348. {155,181,000 }
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 persons {subtracted 469,000 persons} which BLS classifies as "Employed" in their report.

March 2018 Labor Force is reported as 161,548,000. {161,763,000 }
April 2018 Labor Force is reported as 161,280,000. {161,527,000 }
Cypher-savvy units can Math out a difference of 268,000. { You are wrong. It is minus 268,000, not plus. Labor participation is worse in April than in March. }

Between these 2 sole figures, a net gain of 201,000 can be cyphered o


I made an error.
When I posted the Employed figures, my copy fidelity failed and I miscopied a digit. Because of this, I feel the tone was not properly set for an adequate response by you.
I have corrected my post of the Employed figures.
The month produced a gain of Employed.
The meaning of the word "difference" does not connotate positive nor negative, although it does indicate a subtraction function. I was not wrong. If you actually inferred that I implied polarity, then I am sorry.

It is wholly reasonable that you have not reviewed or recalled the details of the OP. The 3rd paragraph of the Originating Post defines the figures which I have used throughout this thread. For continuity, consistency, and comparison I am continuing with the same data instead of switching suddenly in mid-thread. The primary reason for this is because this thread was started precisely to eliminate the confusion of the manipulated unclear figures.
None of this data beyond Civilian noninstitutional Population is in Table A.
The correct Tables for data in this thread are other A-Series Tables. This year those Tables are A-1, A-8, A-15, A-16. In other years Tables labelled differently have included the data.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 9:28 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


Quote:

Originally posted by JEWELSTAITEFAN:

I have corrected my post of the Employed figures.
The month produced a gain of Employed.

Your "correction" is still wrong.

1) The good news is:

The US unemployment rate dipped to 3.9% in April, after hovering at 4.1% for the last six months. That’s the lowest it’s been in 18 years. This would seem to be a sign of improving prospects for US workers — if not for a couple of wrinkles:

https://qz.com/1270561

2) The bad news is:

First off, there’s the reason unemployment dropped: Because Americans are dropping out of the workforce, as opposed to an increase in the number of workers with jobs, as Dean Baker, economist at the Center for Economic and Policy Research, points out. Rather than adding workers, the American labor force shed 236,000 people between March and April.

Labor force participation, which measures the share of the working-age population that is either employed or looking for work, actually ticked down for the second month in a row.

This signals that there’s more slack in the US labor market than the unemployment rate indicates. There’s also scanty evidence that paycheck growth is accelerating; the average hourly wage rose a mere $0.04 in April. And the share of people unemployed because they voluntarily quit their jobs is still considerably less than it was in 2000, the last time the unemployment rate hit 3.9%. People tend to be willing to leave their jobs when they’re sure they can easily find another. In April, around 12.7% of unemployed Americans had voluntarily quit, as opposed to 14% or more back in 2000. “This suggests that, in spite of the low unemployment rate, workers are still not confident about their labor market prospects,” writes Baker.

Graphs and more here: https://qz.com/1270561

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 4, 2018 11:18 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by JEWELSTAITEFAN:
I have corrected my post of the Employed figures.
The month produced a gain of Employed.

Your "correction" is still wrong.

1) The good news is:

The US unemployment rate dipped to 3.9% in April, after hovering at 4.1% for the last six months. That’s the lowest it’s been in 18 years. This would seem to be a sign of improving prospects for US workers — if not for a couple of wrinkles:

https://qz.com/1270561

2) The bad news is:

First off, there’s the reason unemployment dropped: Because Americans are dropping out of the workforce, as opposed to an increase in the number of workers with jobs, as Dean Baker, economist at the Center for Economic and Policy Research, points out. Rather than adding workers, the American labor force shed 236,000 people between March and April.

Labor force participation, which measures the share of the working-age population that is either employed or looking for work, actually ticked down for the second month in a row.

This signals that there’s more slack in the US labor market than the unemployment rate indicates.

Graphs and more here: https://qz.com/1270561


Labor Force has increase 1,243,000 since January.
Civ Population has increased 492,000 since January.
Your Chicken Little version of how badly workers are abandoning the Labor Force are not compelling.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, May 6, 2018 7:51 PM

JEWELSTAITEFAN


Alright, the posts of Tables that I had under construction are wrapped up now.

For people like 6ix, the data updated for April 2018 should make clear the unemployment is better than any time since U-6 was created in 1994.
The possible exception is the Labor Force Participation Rate, the Actually Fully Employed Rate, and the Not Fully Employed Rate. Those last 2 are better now than any Obamanomics figures, or any since the Rock-The-Vote Democrat Recession.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 10, 2018 7:00 PM

JEWELSTAITEFAN


I keep forgetting to mention: all of the data among the 4 Tables I posted are compatible with each other. If I was making my own table, all of the data would be included in one Table.
The Tables are only broken up, separated, to be bite-sized, able to fit in this forum, and alongside other pertinent data in the same Table.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 10, 2018 7:25 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by second:
Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate
/

There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.

But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.t01.htm

Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.

So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.

Umm.
March 2018 Employed is reported as 155,877. 154,877,000.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 471,000 persons which BLS classifies as "Employed" in their report.
That is 471,000 instead of 3,000 more Employed.

March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.

Between these 2 sole figures, a net gain of 201,000 203,000 can be cyphered out.

The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.
That is 739,000 instead of 239,000 fewer Unemployed.

Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.

Also, as a comparative yardstick, the Civilian noninstitutional Population only increased by 175,000 for the month.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 11, 2018 5:50 AM

JEWELSTAITEFAN


I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 11, 2018 6:39 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.



Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?


https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 11, 2018 12:12 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?

https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

Do you still dispute the Unemployment data now is not better than at any time under Obama?

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 17, 2018 5:49 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by second:
Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate
/

There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.

But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.t01.htm

Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.

So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.

Umm.
March 2018 Employed is reported as 155,877. 154,877,000.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added 469,000 471,000 persons which BLS classifies as "Employed" in their report.
That is 471,000 instead of 3,000 more Employed.

March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.

Between these 2 sole figures, a net gain of 201,000 203,000 can be cyphered out.

The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.
That is 739,000 instead of 239,000 fewer Unemployed.

Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.

Also, as a comparative yardstick, the Civilian noninstitutional Population only increased by 175,000 for the month.

I kept forgetting to point out, a major factor in the Labor Force dropping 268,000 was due to at least 217,000 being recategorized as Marginally Attached, meaning they all still Want A Job Now but BLS classifies them as being neither Employed nor Unemployed. This is all of a sudden, since the prior month.

Had MA followed the trend, it would have easily had 1,000,000 less count. Without falsely excluding those from the Labor Force, the LF would have also increased.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 17, 2018 8:54 PM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?

https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

Do you still dispute the Unemployment data now is not better than at any time under Obama?



I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.

Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 17, 2018 10:38 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?

https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

Do you still dispute the Unemployment data now is not better than at any time under Obama?

I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.

Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.

Do Right, Be Right. :)

Well, it's also mostly better than any time since 9/11, or better than any time since 1994, when much of the data was created.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 18, 2018 7:57 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?

https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

Do you still dispute the Unemployment data now is not better than at any time under Obama?

I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.

Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.

Do Right, Be Right. :)

Well, it's also mostly better than any time since 9/11, or better than any time since 1994, when much of the data was created.



I'd possibly buy that it might be better than after 9/11. No way I'm buying that it's better since before the dot.com crash though.

There might be more shitty jobs now, but they don't pay the bills. Just drawing a paycheck doesn't mean anything when half the country makes as little as I do now or even less. Oh well. At least the house is paid for.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 18, 2018 1:56 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.

And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.

Why do you suppose that is?

Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?

https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html


It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.

Do Right, Be Right. :)

Do you still dispute the Unemployment data now is not better than at any time under Obama?

I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.

Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.

Do Right, Be Right. :)

Well, it's also mostly better than any time since 9/11, or better than any time since 1994, when much of the data was created.

I'd possibly buy that it might be better than after 9/11. No way I'm buying that it's better since before the dot.com crash though.

There might be more shitty jobs now, but they don't pay the bills. Just drawing a paycheck doesn't mean anything when half the country makes as little as I do now or even less. Oh well. At least the house is paid for.

Do Right, Be Right. :)

U-3 is the lowest Rate since 1994, also U-6, the Unemployed Rate, the Marginally Attached Rate, the Want A Job Now Rate.
Only the Involuntary Part-Time Rate is slightly more than 2 of the years. And the Labor Force Participation Rate is not yet recovered from 8 years of Obamanomics.

All of that seems fairly obvious.


Also, remember that those aged 30 to 38 now don't WANT to make as much now as folk in the late 90s - that's the reason they decided to Rock-The-Vote in the first place, to destroy the Economy and the Jobs that went with it.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 18, 2018 8:54 PM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
U-3 is the lowest Rate since 1994, also U-6, the Unemployed Rate, the Marginally Attached Rate, the Want A Job Now Rate.
Only the Involuntary Part-Time Rate is slightly more than 2 of the years. And the Labor Force Participation Rate is not yet recovered from 8 years of Obamanomics.

All of that seems fairly obvious.



It's obvious to somebody who believes any numbers presented to them that bolster their own arguments. Do take the time to remind yourself the asinine way that these numbers are pulled out of the air when they could just as easily, and much more accurately collate the data through tax revenue and present us with a real picture of the economy (which neither side ever actually wants to do because it's a dismal picture).


Quote:

Also, remember that those aged 30 to 38 now don't WANT to make as much now as folk in the late 90s - that's the reason they decided to Rock-The-Vote in the first place, to destroy the Economy and the Jobs that went with it.



Well there you go over-generalizing and blaming the victim again.

I wouldn't mind making as much as I did in the late 90's and the early 2000's. I was making over 50k a year when I was 20 and rose from 30k to over 60k at a job I had until my 30th birthday before they took my salary and paid 10 Indians with it. All of that was done without a college degree. An impossible feat today, regardless of what your little data tables tell you.

Some people actually have a history of being stomped on, while others sit in their mom's basement into their 30's and 40's because of how unfair their college professors told them life is.


Do you know how hard it is to be the smartest person in any room you walk into, and some of those rooms contain sub-par management that is making anywhere from 5 to 10 times what you're making?

Meanwhile, you don't need a fancy car or flashy clothes. You'd just like to have enough money to afford a car that can reliably get you to work and back without risking a stroke, and you want to own a few shirts that aren't 10 years old and/or have don't have holes in them.


Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 18, 2018 9:38 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
U-3 is the lowest Rate since 1994, also U-6, the Unemployed Rate, the Marginally Attached Rate, the Want A Job Now Rate.
Only the Involuntary Part-Time Rate is slightly more than 2 of the years. And the Labor Force Participation Rate is not yet recovered from 8 years of Obamanomics.

All of that seems fairly obvious.

It's obvious to somebody who believes any numbers presented to them that bolster their own arguments.

I am not sure that your - or anybody's - anecdotal narrative will trump the quantity of data compiled each month. You are claiming that there is no such thing as a measure to evaluate the subject. I disagree with this concept, while I agree the data should be viewed with discretion.
Quote:

Quote:

Also, remember that those aged 30 to 38 now don't WANT to make as much now as folk in the late 90s - that's the reason they decided to Rock-The-Vote in the first place, to destroy the Economy and the Jobs that went with it.

Well there you go over-generalizing and blaming the victim again.

I wouldn't mind making as much as I did in the late 90's and the early 2000's. I was making over 50k a year when I was 20 and rose from 30k to over 60k at a job I had until my 30th birthday before they took my salary and paid 10 Indians with it. All of that was done without a college degree. An impossible feat today, regardless of what your little data tables tell you.

Do you know how hard it is to be the smartest person in any room you walk into, and some of those rooms contain sub-par management that is making anywhere from 5 to 10 times what you're making?

I haven't found it hard. But what is your meaning? How statistically defiant it is to be the smartest in any room? Or how resentful you are that less smart people out-earn and out-rank you?


Yes, once Obama shipped your jobs overseas, it has become vastly more difficult to bring them back. But again, to place your blame for this elsewhere than the cause - those who decided to destroy Jobs and the Economy with Rock-The-Vote and then Electing the Drug Dealer In Chief - is disingenuous.
This is like whining about being an orphan after murdering your parents. Your whining doesn't fly.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 3:04 AM

JEWELSTAITEFAN



NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 8:37 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
U-3 is the lowest Rate since 1994, also U-6, the Unemployed Rate, the Marginally Attached Rate, the Want A Job Now Rate.
Only the Involuntary Part-Time Rate is slightly more than 2 of the years. And the Labor Force Participation Rate is not yet recovered from 8 years of Obamanomics.

All of that seems fairly obvious.

It's obvious to somebody who believes any numbers presented to them that bolster their own arguments.

I am not sure that your - or anybody's - anecdotal narrative will trump the quantity of data compiled each month. You are claiming that there is no such thing as a measure to evaluate the subject. I disagree with this concept, while I agree the data should be viewed with discretion.
Quote:

Quote:

Also, remember that those aged 30 to 38 now don't WANT to make as much now as folk in the late 90s - that's the reason they decided to Rock-The-Vote in the first place, to destroy the Economy and the Jobs that went with it.

Well there you go over-generalizing and blaming the victim again.

I wouldn't mind making as much as I did in the late 90's and the early 2000's. I was making over 50k a year when I was 20 and rose from 30k to over 60k at a job I had until my 30th birthday before they took my salary and paid 10 Indians with it. All of that was done without a college degree. An impossible feat today, regardless of what your little data tables tell you.

Do you know how hard it is to be the smartest person in any room you walk into, and some of those rooms contain sub-par management that is making anywhere from 5 to 10 times what you're making?

I haven't found it hard. But what is your meaning? How statistically defiant it is to be the smartest in any room? Or how resentful you are that less smart people out-earn and out-rank you?


Yes, once Obama shipped your jobs overseas, it has become vastly more difficult to bring them back. But again, to place your blame for this elsewhere than the cause - those who decided to Rock-The-Vote and then Elect the Drug Dealer In Chief - is disingenuous.
This is like whining about being an orphan after murdering your parents. Your whining doesn't fly.



Doesn't matter who is to blame. There was a lot of collateral damage done. Fine with me if you put it on millennial voters.

The problem is that it effected a lot more than just millennials.

As long as you stop pretending that the numbers in your tables mean anything and acknowlege that there is an unemployment and especially an underemployment problem, regardless of where it started, then we're pretty much in agreement.



And yes, to your question. I do resent it. Sometimes I wish I was a lot more stupid than I am. That way I could just whistle my way through life and not think about how many stupid and/or inneffective people I have to report to, who's jobs I could do infinatly better than they could. At my age, now I can also add the pleasure of them also being younger than me as well.

Had I not been laid off in 2009, I'd likely be somewhere in middle management at the other company earning at least a 6 figure income, at a job that actually matters in the scheme of things, comparatively speaking.

I work hard as hell, and I do get some perks at this point like basically being able to dictate my schedule to them. They can't pay me any more money for my current position, so they basically bend over backward to make sure that I'll stick around. I'm planting the seeds for a promotion when one becomes available. They know what it would take for me to work full time. Fingers crossed that something happens.

In the mean time, I'm only allowing them to use me as much as it benefits me. I'm in the best shape I've been since my mid 20's and I'm rocking my six pack again. It pays all of my regular bills and I can squirrel away a few bucks here and there for the big ticket items that need fixing. I also get extremely long weekends to work on my personal projects and spend time with my family.

It's not terrible by any means, but that's only because I did so well for myself with my money when I was making it. Had I wasted all of that money and be forced to pay rent every month in my current situation, life would be hell right now.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 2:26 PM

JEWELSTAITEFAN



NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 3:30 PM

JEWELSTAITEFAN



Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
U-3 is the lowest Rate since 1994, also U-6, the Unemployed Rate, the Marginally Attached Rate, the Want A Job Now Rate.
Only the Involuntary Part-Time Rate is slightly more than 2 of the years. And the Labor Force Participation Rate is not yet recovered from 8 years of Obamanomics.

All of that seems fairly obvious.

It's obvious to somebody who believes any numbers presented to them that bolster their own arguments.

I am not sure that your - or anybody's - anecdotal narrative will trump the quantity of data compiled each month. You are claiming that there is no such thing as a measure to evaluate the subject. I disagree with this concept, while I agree the data should be viewed with discretion.
Quote:

Quote:

Also, remember that those aged 30 to 38 now don't WANT to make as much now as folk in the late 90s - that's the reason they decided to Rock-The-Vote in the first place, to destroy the Economy and the Jobs that went with it.

Well there you go over-generalizing and blaming the victim again.

I wouldn't mind making as much as I did in the late 90's and the early 2000's. I was making over 50k a year when I was 20 and rose from 30k to over 60k at a job I had until my 30th birthday before they took my salary and paid 10 Indians with it. All of that was done without a college degree. An impossible feat today, regardless of what your little data tables tell you.

Do you know how hard it is to be the smartest person in any room you walk into, and some of those rooms contain sub-par management that is making anywhere from 5 to 10 times what you're making?

I haven't found it hard. But what is your meaning? How statistically defiant it is to be the smartest in any room? Or how resentful you are that less smart people out-earn and out-rank you?


Yes, once Obama shipped your jobs overseas, it has become vastly more difficult to bring them back. But again, to place your blame for this elsewhere than the cause - those who decided to Rock-The-Vote and then Elect the Drug Dealer In Chief - is disingenuous.
This is like whining about being an orphan after murdering your parents. Your whining doesn't fly.

Doesn't matter who is to blame. There was a lot of collateral damage done. Fine with me if you put it on millennial voters.

The problem is that it effected a lot more than just millennials.

As long as you stop pretending that the numbers in your tables mean anything and acknowlege that there is an unemployment and especially an underemployment problem, regardless of where it started, then we're pretty much in agreement.



And yes, to your question. I do resent it. Sometimes I wish I was a lot more stupid than I am. That way I could just whistle my way through life and not think about how many stupid and/or inneffective people I have to report to, who's jobs I could do infinatly better than they could. At my age, now I can also add the pleasure of them also being younger than me as well.

Hmmmm. That was the lesser likely answer that I expected.
I am pretty good with Math, including it's application in the Real World around me. So during all of my life since I became aware of my place, I have known that, statistically, I must have a higher IQ than almost every person I will ever know or meet. I must also, statistically, occasionally meet somebody with a higher IQ than mine. But, from the onset, these occasions must be unpredictable and infrequent. I have met some whom I believe are smarter than I, and ponder if their situation is worse in this regard. Of course, smart is a different matter, encompassing the various facets of intelligence, physiology, psychometry, and "Street Smarts" beyond the intelligence that I dwell in.

So, in short and in effect, everybody is not as smart as me. Does that mean I should resent everybody? Of course not, that would be ridiculous. I like that in Scott Adams' Dilbert, the smartest person - other than Dogbert - is the Garbage Man. And he is comfy in his place.

Side Bar: were you aware Mensa was created as a way for High-IQ people to help, provide service to, the Government, Public Office Holders, Leaders of the populace? Guess what? Those people or organizations do not want any assistance from the most highly intelligent people - and for good reason. Our leaders and Presidents have never been, and never will be, the highest IQ person in the land. Have you seen the film Idiocracy?


Based upon what you have said, I am assuming you are not familiar with The Dilbert Principal. That is the Tech Generation version of The Peter Principle. In fact, my response here could have merely pointed out this. These 2 will explain almost all of what you resent. The highest IQ person in any organization should really not be in Management, it's not the proper skillset. Arguably they could be at the very top, but the more likely scenario is that their skills and talents are best suited to the highly Technical nuts and bolts tasks in today's world.


You do realize that IQ is arrived from Mental Age divided by Chronological Age, right? Using this guideline, I have also known that almost every person I've met in adulthood is also younger than me, in Mental terms. I have almost always been the "youngest" to achieve various accomplishments, in Chronological Age context (instead of the ONLY person who ever accomplished something). So how can we resent everybody? How can we blame everybody for being less smart? Everybody is younger! How is it their fault for being dumb or retarded - other than those who intentionally retard their capacity by such actions as smoking pot, for instance. Everybody? Resent everybody? Blame everybody? Fault everybody?
All people have a place, and you cannot be every manager or organizer, so it seems unreasonable to expect anybody else to be as competent or perform as well as the smartest in the room - which is you.


Yes, I've always known how hard it has been, statistically or in Percentile context, to be the smartest in any room.
I did not think you meant "how hard" as "how burdensome" it was to be the smartest.
I have probably had times when I resented the success of others, but that does not seem the most productive line of thought.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 9:09 PM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:

Yes, I've always known how hard it has been, statistically or in Percentile context, to be the smartest in any room.
I did not think you meant "how hard" as "how burdensome" it was to be the smartest.
I have probably had times when I resented the success of others, but that does not seem the most productive line of thought.



You're right. Pretty much everything you said in that whole post is correct. This is why my mom doesn't understand how I can be "happy" where I'm at in life now and she asks me things like "don't you want some luxuries in life?". To which my response is always "my luxury in life is that I don't have to work full time at a job I hate for an idiot boss I could run circles around".

This also provides me with a bit of leverage as well. Since my company cannot provide me with more money per hour at my current position, and everybody gets the same lousy 2% bonus (because fairness), they need to offer me other things to keep me on staff. It got rocky at my job for about a month there and turned into a high stress affair, and it came to a head when I was written up for the first time in my life for "insubordination". My idiot manager was not going to "dom" me, and I'd frequently yell at her when she tried. This backfired on her though, since it was my way of having a long conversation with the store manager, whom I've never met before, and the 2nd in command who hired me. My work ethic and my ability were never a question, and now I'm given free reign to do my work as I see fit every night and she's been told to give me my space and just let me do my job. We rarely say more than two lines of dialogue on any given night now, and after getting a consensus from the rest of the shift she has been told to tone down her erratically manic tenancies and stop talking down to her good workers and making them quit.

Work is great now, aside from the pay. I get to work out hard every night I'm there, and they no longer give me sporadic days throughout the week. Most of the time I can get two weeks worth of the 3 days a week I'll give them at this rate of pay all in a row, leaving me with very long weekends. I got to leave work last night right after my store manager called me a "rock star". I'm not usually one to fall prey to any meaningless flattery, but after the previous drama with my idiot manager, I can't say I mind.

I may choose to work full time if a higher position is offered to me. They all know my name now, they see what I'm capable of. If they want me full time, they know what they need to do. I'm leveraging my intelligence and my previous financial planning when I did make money to dictate my own terms. If I don't get a promotion, at least I still get that workout every night and they're only allowed to use me as much as I get use out of them.

I try my best not to resent these people. I'm a pretty simple man with simple tastes. If I could get a job making at least 30k a year with benefits, I don't imagine at this point in life I'd resent much of anything. I have no dreams or even desires to ever be rich.


And yes, I've seen Idiocracy. Many times. It's one of my favorite movies of all time.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, May 19, 2018 10:57 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Yes, I've always known how hard it has been, statistically or in Percentile context, to be the smartest in any room.
I did not think you meant "how hard" as "how burdensome" it was to be the smartest.
I have probably had times when I resented the success of others, but that does not seem the most productive line of thought.

You're right. Pretty much everything you said in that whole post is correct. This is why my mom doesn't understand how I can be "happy" where I'm at in life now and she asks me things like "don't you want some luxuries in life?". To which my response is always "my luxury in life is that I don't have to work full time at a job I hate for an idiot boss I could run circles around".

This also provides me with a bit of leverage as well. Since my company cannot provide me with more money per hour at my current position, and everybody gets the same lousy 2% bonus (because fairness), they need to offer me other things to keep me on staff. It got rocky at my job for about a month there and turned into a high stress affair, and it came to a head when I was written up for the first time in my life for "insubordination". My idiot manager was not going to "dom" me, and I'd frequently yell at her when she tried. This backfired on her though, since it was my way of having a long conversation with the store manager, whom I've never met before, and the 2nd in command who hired me. My work ethic and my ability were never a question, and now I'm given free reign to do my work as I see fit every night and she's been told to give me my space and just let me do my job. We rarely say more than two lines of dialogue on any given night now, and after getting a consensus from the rest of the shift she has been told to tone down her erratically manic tenancies and stop talking down to her good workers and making them quit.

Work is great now, aside from the pay. I get to work out hard every night I'm there, and they no longer give me sporadic days throughout the week. Most of the time I can get two weeks worth of the 3 days a week I'll give them at this rate of pay all in a row, leaving me with very long weekends. I got to leave work last night right after my store manager called me a "rock star". I'm not usually one to fall prey to any meaningless flattery, but after the previous drama with my idiot manager, I can't say I mind.

I may choose to work full time if a higher position is offered to me. They all know my name now, they see what I'm capable of. If they want me full time, they know what they need to do. I'm leveraging my intelligence and my previous financial planning when I did make money to dictate my own terms. If I don't get a promotion, at least I still get that workout every night and they're only allowed to use me as much as I get use out of them.

I try my best not to resent these people. I'm a pretty simple man with simple tastes. If I could get a job making at least 30k a year with benefits, I don't imagine at this point in life I'd resent much of anything. I have no dreams or even desires to ever be rich.


And yes, I've seen Idiocracy. Many times. It's one of my favorite movies of all time.

Do Right, Be Right. :)

What is dom?


I'm a tad surprised that nobody here has ragged on your viewpoint about your physical fitness. I don't think enough people understand the proper balance of excellence and exercise of mental, physical, and emotional.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, May 20, 2018 8:14 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
What is dom?



I forgot how vanilla some of my audience is. Dom = Dominate.


Quote:

I'm a tad surprised that nobody here has ragged on your viewpoint about your physical fitness. I don't think enough people understand the proper balance of excellence and exercise of mental, physical, and emotional.



I'm not following your train of thought here.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, May 20, 2018 8:15 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
What is dom?



I forget how vanilla some of my audience is. Dom = Dominate.


Quote:

I'm a tad surprised that nobody here has ragged on your viewpoint about your physical fitness. I don't think enough people understand the proper balance of excellence and exercise of mental, physical, and emotional.



I'm not following your train of thought here.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Tuesday, May 22, 2018 3:26 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Yes, I've always known how hard it has been, statistically or in Percentile context, to be the smartest in any room.
I did not think you meant "how hard" as "how burdensome" it was to be the smartest.
I have probably had times when I resented the success of others, but that does not seem the most productive line of thought.

You're right. Pretty much everything you said in that whole post is correct. This is why my mom doesn't understand how I can be "happy" where I'm at in life now and she asks me things like "don't you want some luxuries in life?". To which my response is always "my luxury in life is that I don't have to work full time at a job I hate for an idiot boss I could run circles around".

This also provides me with a bit of leverage as well. Since my company cannot provide me with more money per hour at my current position, and everybody gets the same lousy 2% bonus (because fairness), they need to offer me other things to keep me on staff. It got rocky at my job for about a month there and turned into a high stress affair, and it came to a head when I was written up for the first time in my life for "insubordination". My idiot manager was not going to "dom" me, and I'd frequently yell at her when she tried. This backfired on her though, since it was my way of having a long conversation with the store manager, whom I've never met before, and the 2nd in command who hired me. My work ethic and my ability were never a question, and now I'm given free reign to do my work as I see fit every night and she's been told to give me my space and just let me do my job. We rarely say more than two lines of dialogue on any given night now, and after getting a consensus from the rest of the shift she has been told to tone down her erratically manic tenancies and stop talking down to her good workers and making them quit.

Work is great now, aside from the pay. I get to work out hard every night I'm there, and they no longer give me sporadic days throughout the week. Most of the time I can get two weeks worth of the 3 days a week I'll give them at this rate of pay all in a row, leaving me with very long weekends. I got to leave work last night right after my store manager called me a "rock star". I'm not usually one to fall prey to any meaningless flattery, but after the previous drama with my idiot manager, I can't say I mind.

I may choose to work full time if a higher position is offered to me. They all know my name now, they see what I'm capable of. If they want me full time, they know what they need to do. I'm leveraging my intelligence and my previous financial planning when I did make money to dictate my own terms. If I don't get a promotion, at least I still get that workout every night and they're only allowed to use me as much as I get use out of them.

I try my best not to resent these people. I'm a pretty simple man with simple tastes. If I could get a job making at least 30k a year with benefits, I don't imagine at this point in life I'd resent much of anything. I have no dreams or even desires to ever be rich.


And yes, I've seen Idiocracy. Many times. It's one of my favorite movies of all time.

Do Right, Be Right. :)

Have you considered driving truck? I keep hearing there is high demand, low supply, pay double of min wage, even just expiditer cargo trucks, not semis.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Tuesday, May 22, 2018 8:40 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
Have you considered driving truck? I keep hearing there is high demand, low supply, pay double of min wage, even just expiditer cargo trucks, not semis.



Yeah. I definitely wouldn't want to drive a semi truck. I did it twice when I was 20 without a CDL and I hated it. Once you were on the road driving straight it wasn't bad, but when you got near your destination it was all small roads with a monster vehicle and even that was nothing compared to trying to back it up to the dock. Granted, both times I did this I had zero training.

I really miss that boss. Nobody I've ever worked for since had that amount of trust in me.

A smaller cargo truck wouldn't be too bad if I could get a gig that payed decent. I think I'd be bored out of my mind though. It's not as if stocking stuff out is very stimulating, but I do a lot of planning throughout the night and that's a large part of the reason that I get twice as much stuff done as anybody else. The rest of it is just the hustle. I'm easily putting up to 8 miles under my shoes on any given night, and lifting thousands of pounds worth of stuff. I always volunteer for the heavy things because aside from calling my own hours, a big part of the reason I enjoy the job is the serious workout every night.

I think the long road trips would get to me. It wouldn't be bad as sitting around doing nothing like when I did a brief stint as a security guard, but I think it'd be pretty close to that.

I think for now I'm going to hang around a bit and see if something in management becomes available. If something were to fall in my lap that was better in the mean time I'd jump on it, but now that my manager stays out of my way and I have a direct line of communication with the top two people in the store things have worked out really well. Staying at my level and pay is definitely not a good long term plan, but for the first time in years I'm not eating away at my savings. I'm turning a lot of the health issues around in the mean time, I'm not drinking a drop, and my diet is the best it's ever been.

I'm going to enjoy my summer with more days off, and then I'll work more hours when it's cold and crappy. If I'm still at the same level of pay when spring of 2019 hits, and it doesn't look like there's any room for advancement by then, I'm going to start looking into something else.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 24, 2018 10:23 AM

JEWELSTAITEFAN


Today's BLS report on jobless claims shows a 4-week total for May about 40,000 less than April, or average of 9,000 per week less. Even though this week is a seasonal peak for the end of the school year. This includes 2 of the 3 lowest weeks of the year so far. Jobless claims have been an effectively steady decline all year.



Also, at the end of March, the number of job openings hit 6.6 million, the highest number since that report began in December 2000.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 24, 2018 3:22 PM

6IXSTRINGJACK


Quantity over quality. That's our new normal.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 25, 2018 3:54 AM

JEWELSTAITEFAN


Jobless Claims.

Apparently the 209,000 reported on 26 April 2018 was the lowest since 1969. And the 210,000 on 1 March was too.

Other weeks:

230,000 1 February
221,000 8 February
229,000 15 February
222,000 22 February
210,000 1 March - 4wk avg 221
230,000 8 March
226,000 15 March
227,000 22 March
215,000 29 March - 4wk avg 225
242,000 5 April
233,000 12 April
233,000 19 April
209,000 26 April - Apr avg 229
211,000 3 May
211,000 10 May
223,000 17 May
234,000 24 May - May avg 215

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, May 25, 2018 4:49 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quantity over quality. That's our new normal.

Do Right, Be Right. :)

Have you heard of All-Star Assembly? Sounds like you would be able to do it. I know a guy making over $300 in a day, but slower people make about $120 per day. Assembling bikes, grilles, etc for different Walmart locations. Piece work, so the faster you work the more you make. Some metric wrenches, rachet sockets, etc. I see they have work in Indiana. You could either earn more or take more time off.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 31, 2018 1:27 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quantity over quality. That's our new normal.

Do Right, Be Right. :)

Obamanomics kept claiming the New Normal was No Quantity, No Quality, just dependency on Government handouts.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 31, 2018 7:48 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quantity over quality. That's our new normal.

Do Right, Be Right. :)

Have you heard of All-Star Assembly? Sounds like you would be able to do it. I know a guy making over $300 in a day, but slower people make about $120 per day. Assembling bikes, grilles, etc for different Walmart locations. Piece work, so the faster you work the more you make. Some metric wrenches, rachet sockets, etc. I see they have work in Indiana. You could either earn more or take more time off.



That's actually something worth looking into. I think I'd actually love a gig like that. I wonder how easy it is to get a job there if you don't know anybody.

Thanks for the tip. That would surely improve my lot in life at the moment.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 31, 2018 10:15 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quantity over quality. That's our new normal.

Do Right, Be Right. :)

Have you heard of All-Star Assembly? Sounds like you would be able to do it. I know a guy making over $300 in a day, but slower people make about $120 per day. Assembling bikes, grilles, etc for different Walmart locations. Piece work, so the faster you work the more you make. Some metric wrenches, rachet sockets, etc. I see they have work in Indiana. You could either earn more or take more time off.


That's actually something worth looking into. I think I'd actually love a gig like that. I wonder how easy it is to get a job there if you don't know anybody.

Thanks for the tip. That would surely improve my lot in life at the moment.

Do Right, Be Right. :)

Apply online.
Allstarassembly.com or something. Maybe all-starassembly.com
I'm told they're expanding like crazy. Only been in business in past 6-7 years, expanding during Obamanomics.

What city are you near?

If you don't already have tools, find every used tool reseller in your area. And sales at Harbor Freight Tools and Home Depot can be your friend.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Thursday, May 31, 2018 10:20 AM

JEWELSTAITEFAN


Updating with today's report data:

Jobless Claims.

Apparently the 209,000 reported on 26 April 2018 was the lowest since 1969. And the 210,000 on 1 March was too.

Other weeks:

230,000 1 February
221,000 8 February
229,000 15 February
222,000 22 February
210,000 1 March - 4wk avg 221
230,000 8 March
226,000 15 March
227,000 22 March
215,000 29 March - 4wk avg 225
242,000 5 April
233,000 12 April
233,000 19 April
209,000 26 April - Apr avg 229
211,000 3 May
211,000 10 May
223,000 17 May
234,000 24 May - May avg 220
221,000 31 May (for week ending 26 May) - May avg 220

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 7:33 AM

6IXSTRINGJACK


Quote:

Originally posted by JEWELSTAITEFAN:

Allstarassembly.com or something. Maybe all-starassembly.com
I'm told they're expanding like crazy. Only been in business in past 6-7 years, expanding during Obamanomics.

What city are you near?

If you don't already have tools, find every used tool reseller in your area. And sales at Harbor Freight Tools and Home Depot can be your friend.



Yeah. I checked over their website yesterday before I posted back to you. I love how the job is completely merit based. It's been a long time since I worked someplace like that. Though I'd have to start working out on my free time, I'm very good with my hands and with tools and I think I could probably do very well there if they'd hire me.

You mind asking how many bikes per hour your friend usually puts together to get that $30? The website says something along the lines of their average employee making around $18/hr, which still isn't bad, but they don't go into any details for what merits that pay scale.

I've already got a lot of the tools they say you need on the website. Anything I'd have to buy is stuff I've always wanted anyhow and they'd pay for themselves rather quickly. My car would be the problem right now. I've got to make that thing reliable before I took on a job like this.

I'm going to email them and see what they say about applying. They had an "Employment" section on the site, but no way of applying there.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 10:45 AM

JEWELSTAITEFAN



Updating with today's Jobs Report data:

I will refer to this set of data as Table JSF-URF-1

Found some data prior to 10 years ago:
Jan 2002 is listed twice. First with original report data from February 2002. Second with revised data from new Census data, published in February 2003.

Quote:

Originally posted by JEWELSTAITEFAN:
BLS currently defines the Want A Job category as not being part of the Labor Force.

So I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

I will use only the Unadjusted numbers, to help maintain clarity and transparency.


Mo/Yr Unemp Pcnt WAJb Pcnt SubTtl Prcnt InvPT Pcnt Total Percnt CivPop LbrForc Prtc% U-6%
Jan98 07069 05.2% 5026 3.7% 12095 08.9% 4090 3.0% 16185 11.9% 204238 135951 66.6 09.3
Jan99 06604 04.8% 4800 3.5% 11404 08.3% 3645 2.6% 15049 10.9% 206719 137943 66.7 08.5
Jan00 06316 04.5% 4354 3.1% 10670 07.6% 3355 2.4% 14025 10.0% 208782 139621 66.9 07.8
Jan01 06647 04.7% 4474 3.2% 11121 07.9% 3559 2.5% 14680 10.4% 210889 141049 66.9 08.1
Jan02 08935 06.3% 4872 3.5% 13807 09.8% 4249 3.0% 18056 12.8% 213089 141074 66.2 10.5

Jan02 09051 06.3% 4938 3.4% 13989 09.8% 4453 3.1% 18442 12.9% 216506 143228 66.2 10.5
Jan03 09395 06.5% 4779 3.3% 14174 09.8% 5003 3.4% 19177 13.2% 219897 145301 66.1 11.0
Jan04 09144 06.3% 4913 3.4% 14057 09.6% 5152 3.5% 19209 13.2% 222161 146068 65.7 10.9
Jan05 08444 05.7% 5136 3.5% 13580 09.2% 4793 3.3% 18373 12.5% 224837 147125 65.4 10.2
Jan06 07608 05.1% 5095 3.4% 12703 08.5% 4513 3.0% 17216 11.5% 227553 149090 65.5 09.2
Jan07 07649 05.0% 4633 3.0% 12282 08.1% 4620 3.0% 16902 11.1% 230650 151924 65.9 09.1
Jan08 08221 05.4% 4977 3.2% 13198 08.6% 5235 3.5% 18433 12.1% 232616 152828 65.7 09.9
Jan09 13009 08.5% 5866 3.8% 18875 12.3% 8675 5.7% 27550 18.0% 234739 153445 65.4 15.4
Jan10 16147 10.6% 6108 4.0% 22255 14.6% 9161 5.9% 31416 20.5% 236832 152957 64.6 18.0
Jan11 14937 09.8% 6643 4.3% 21580 14.1% 9027 6.0% 30607 20.1% 238704 152536 63.9 17.3
Jan12 13541 08.8% 6495 4.3% 20036 13.1% 8747 5.7% 28783 18.8% 242269 153485 63.4 16.2
Jan13 13181 08.5% 6781 4.4% 19962 12.9% 8506 5.5% 28468 18.4% 244663 154794 63.3 15.4
Jan14 10855 07.0% 6508 4.2% 17363 11.2% 7617 5.0% 24980 16.2% 246915 154381 62.5 13.5
Jan15 09498 06.1% 6467 4.1% 15965 10.2% 7125 4.6% 23090 14.8% 249723 156050 62.5 12.0
Jan16 08309 05.3% 6166 3.9% 14475 09.2% 6234 4.0% 20709 13.2% 252397 157347 62.3 10.5
Jan17 08149 05.1% 5934 3.8% 14083 08.9% 6127 3.8% 20210 12.7% 254082 158676 62.5 10.1
Jan18 07189 04.5% 5364 3.3% 12553 07.8% 5380 3.4% 17933 11.2% 256780 160037 62.3 08.9

Feb18 07091 04.4% 5152 3.2% 12243 07.6% 5241 3.2% 17484 10.8% 256934 161494 62.9 08.6
Mar18 06671 04.1% 4793 3.0% 11464 07.1% 4975 3.1% 16439 10.2% 257097 161548 62.8 08.1
Aprl18 05932 03.7% 5010 3.1% 10942 06.8% 4631 2.9% 15573 09.7% 257272 161280 62.7 07.4
May18 05657 03.6% 5696 3.5% 11353 07.0% 4677 2.9% 16030 09.9% 257454 161765 62.8 07.3


Jul 12 13400 08.6% 6837 4.3% 20237 12.9% 8218 5.3% 28455 18.2% 243354 156526 64.3 15.2
Aug12 12696 08.2% 7631 4.9% 20327 13.1% 7723 5.0% 28050 18.1% 243566 155255 63.7 14.6
Sep12 11742 07.6% 6427 4.1% 18169 11.7% 8003 5.2% 26172 16.9% 243772 155075 63.6 14.2
Oct12 11741 07.5% 6142 4.0% 17883 11.5% 7768 5.0% 25651 16.5% 243983 155779 63.8 13.9
Nov12 11404 07.4% 6495 4.2% 17899 11.6% 7898 5.0% 25797 16.6% 244174 154953 63.5 13.9


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.


Quote:

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate after 2008 was able to be artificially less by shifting more unemployed into the Want A Job category, which Obamanomics managed to increase to over 7 Million for the only time in the BLS tables. This Jan figure (Want A Job) didn't return to within 0.1% of 2008 level until 2018, after Trump's first year.
The figure of Unemployed plus Want A Job is indisputably the real Unfake Unemployment figure.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

The Want A Job count maxxed out in Aug 2012, just as Obama was proclaiming that Unemployment Rates had dropped, which he needed to get below 8.0% by October, in order to win re-election.

Well, it looks like the current U6 right now is lower than every January of the past 24 years, since the creation of U-6, according to BLS figures.

From 2009 to 2017, the Civilian noninstitutional Population grew by 19.343 Million. With a nominal post-9/11 Labor Participation Rate of 66%, the Labor Force would have grown by 12.766 Million. But Obama's Deep State reported that the Labor Force only grew by 5.231 Million. Labor Force is defined as all Employed + all Unemployed. So Obama would have you believe that during his 8 years, 7.5 Million extra Employ-eligible population were NOT unemployed (nor employed).



And splitting the table into 2 smaller versions:

I will refer to this set of data as Table JSF-URF-1AB
Quote:

Originally posted by JEWELSTAITEFAN:
BLS currently defines the Want A Job category as not being part of the Labor Force.

So I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

I will use only the Unadjusted numbers, to help maintain clarity and transparency.


Mo/Yr Unemp Pcnt WAJb Pcnt SubTtl Prcnt InvPT Pcnt Total Percnt
Jan08 08221 05.4% 4977 3.2% 13198 08.6% 5235 3.5% 18433 12.1%
Jan09 13009 08.5% 5866 3.8% 18875 12.3% 8675 5.7% 27550 18.0%
Jan10 16147 10.6% 6108 4.0% 22255 14.6% 9161 5.9% 31416 20.5%
Jan11 14937 09.8% 6643 4.3% 21580 14.1% 9027 6.0% 30607 20.1%
Jan12 13541 08.8% 6495 4.3% 20036 13.1% 8747 5.7% 28783 18.8%
Jan13 13181 08.5% 6781 4.4% 19962 12.9% 8506 5.5% 28468 18.4%
Jan14 10855 07.0% 6508 4.2% 17363 11.2% 7617 5.0% 24980 16.2%
Jan15 09498 06.1% 6467 4.1% 15965 10.2% 7125 4.6% 23090 14.8%
Jan16 08309 05.3% 6166 3.9% 14475 09.2% 6234 4.0% 20709 13.2%
Jan17 08149 05.1% 5934 3.8% 14083 08.9% 6127 3.8% 20210 12.7%
Jan18 07189 04.5% 5364 3.3% 12553 07.8% 5380 3.4% 17933 11.2%

Feb18 07091 04.4% 5152 3.2% 12243 07.6% 5241 3.2% 17484 10.8%
Mar18 06671 04.1% 4793 3.0% 11464 07.1% 4975 3.1% 16439 10.2%
Apr18 05932 03.7% 5010 3.1% 10942 06.8% 4631 2.9% 15573 09.7%

Jul 12 13400 08.6% 6837 4.3% 20237 12.9% 8218 5.3% 28455 18.2%
Aug12 12696 08.2% 7631 4.9% 20327 13.1% 7723 5.0% 28050 18.1%
Sep12 11742 07.6% 6427 4.1% 18169 11.7% 8003 5.2% 26172 16.9%
Oct12 11741 07.5% 6142 4.0% 17883 11.5% 7768 5.0% 25651 16.5%
Nov12 11404 07.4% 6495 4.2% 17899 11.6% 7898 5.0% 25797 16.6%




Mo/Yr Unemp Pcnt WAJb Pcnt Total Percnt CivPop LbrForc Prtc% U-6%
Jan08 08221 05.4% 4977 3.2% 18433 12.1% 232616 152828 65.7 09.9
Jan09 13009 08.5% 5866 3.8% 27550 18.0% 234739 153445 65.4 15.4
Jan10 16147 10.6% 6108 4.0% 31416 20.5% 236832 152957 64.6 18.0
Jan11 14937 09.8% 6643 4.3% 30607 20.1% 238704 152536 63.9 17.3
Jan12 13541 08.8% 6495 4.3% 28783 18.8% 242269 153485 63.4 16.2
Jan13 13181 08.5% 6781 4.4% 28468 18.4% 244663 154794 63.3 15.4
Jan14 10855 07.0% 6508 4.2% 24980 16.2% 246915 154381 62.5 13.5
Jan15 09498 06.1% 6467 4.1% 23090 14.8% 249723 156050 62.5 12.0
Jan16 08309 05.3% 6166 3.9% 20709 13.2% 252397 157347 62.3 10.5
Jan17 08149 05.1% 5934 3.8% 20210 12.7% 254082 158676 62.5 10.1
Jan18 07189 04.5% 5364 3.3% 17933 11.2% 256780 160037 62.3 08.9

Feb18 07091 04.4% 5152 3.2% 17484 10.8% 256934 161494 62.9 08.6
Mar18 06671 04.1% 4793 3.0% 16439 10.2% 257097 161548 62.8 08.1
Apr18 05932 03.7% 5010 3.1% 15573 09.7% 257272 161280 62.7 07.4


Jul 12 13400 08.6% 6837 4.3% 28455 18.2% 243354 156526 64.3 15.2
Aug12 12696 08.2% 7631 4.9% 28050 18.1% 243566 155255 63.7 14.6
Sep12 11742 07.6% 6427 4.1% 26172 16.9% 243772 155075 63.6 14.2
Oct12 11741 07.5% 6142 4.0% 25651 16.5% 243983 155779 63.8 13.9
Nov12 11404 07.4% 6495 4.2% 25797 16.6% 244174 154953 63.5 13.9
Quote:

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate after 2008 was able to be artificially less by shifting more unemployed into the Want A Job category, which Obamanomics managed to increase to over 7 Million for the only time in the BLS tables. This Jan figure (Want A Job) didn't return to within 0.1% of 2008 level until 2018, after Trump's first year.
The figure of Unemployed plus Want A Job is indisputably the real Unfake Unemployment figure.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

The Want A Job count maxxed out in Aug 2012, just as Obama was proclaiming that Unemployment Rates had dropped, which he needed to get below 8.0% by October, in order to win re-election.



NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 11:02 AM

JEWELSTAITEFAN



Updating with today's Jobs Report to this Table of Data, which seems to best show the components of U6:

I will refer to this set of data as Table JSF-URF-2

Note: this year the Marginally Attached data is in Table A-16 of the report.
Quote:

I will post some actual numbers and let the comparisons and discussion follow. The documented shenanigans of Obamabots deliberately refusing to Report jobless data in the months before the 2012 Election are a different matter, I will just use the Fake Data they produced and pretend it was real.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. For example, the current Rate of 4.1% (for 4 months straight) is SeasAdj, and the real Rate is 4.5% for Jan 2018. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the unemployed. The 2nd column is the Rate.
The 3rd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category. The 5th column is the sum of Unemployed plus Marginally Attached - which more accurately represents the Actual Unemployed. The 6th column is the Rate for column 5 figure.
The 7th column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT. The 8th column is the Rate for column 7. The 9th column is the sum of the 5th column plus 7th column. 10th column is the Rate for column 9 figure. The Rates in columns 2, 4, 6, 8, 10 have the denominator of Labor Force.
The 11th column is the Civilian Population. 12th column is Labor Force, 13th column is Participation Rate. 14th column is the published U-6 figure.


Figures in thousands.

MoYr Unem Pct MrgAt Pct SbTtl Pcnt InvPT Pct Total Prcnt CivPop LbrForc Prtc% U6%
Ja93 09911 07.9 2120 1.6 11612 09.0 6181 4.9 16575 12.8 192644 126034 65.4
Ja94 09492 07.3 2120 1.6 11612 09.0 4963 3.8 16575 12.8 195953 129393 66.0
Ja95 08101 06.2 1783 1.4 09884 07.6 4620 3.5 14504 11.1 197753 130698 66.1
Ja96 08270 06.3 1737 1.3 10007 07.6 4103 3.1 14110 10.7 199634 131396 65.8 10.8
Ja97 07933 05.9 1615 1.2 09548 07.1 4338 3.2 13886 10.3 202285 134317 66.4 10.4
Ja98 07069 05.2 1479 1.1 08548 06.3 4090 3.0 12638 09.3 204238 135951 66.6 09.3
Ja99 06604 04.8 1358 1.0 07962 05.8 3645 2.6 11607 08.4 206719 137943 66.7 08.5
Ja00 06316 04.5 1197 0.9 07513 05.4 3355 2.4 10868 07.8 208782 139621 66.9 07.8
Ja01 06647 04.7 1290 0.9 07937 05.6 3559 2.5 11496 08.2 210889 141049 66.9 08.1
Ja02 08935 06.3 1509 1.1 10444 07.4 4249 3.0 14693 10.4 213089 141074 66.2 10.5

Ja02 09051 06.3 1532 1.1 10583 07.4 4453 3.1 15036 10.5 216506 143228 66.2 10.5
Ja03 09395 06.5 1598 1.1 10993 07.6 5003 3.4 15996 11.0 219897 145301 66.1 11.0
Ja04 09144 06.3 1670 1.1 10814 07.4 5152 3.5 15966 10.9 222161 146068 65.7 10.9
Ja05 08444 05.7 1804 1.2 10248 07.0 4793 3.3 15041 10.2 224837 147125 65.4 10.2
Ja06 07608 05.1 1644 1.1 09252 06.2 4513 3.0 13765 09.2 227553 149090 65.5 09.2
Ja07 07649 05.0 1577 1.0 09226 06.1 4620 3.0 13846 09.1 230650 151924 65.9 09.1
Ja08 08221 05.4 1729 1.1 09950 06.5 5235 3.4 15185 09.9 232616 152828 65.7 09.9
Ja09 13009 08.5 2130 1.4 15139 09.9 8675 5.6 23814 15.5 234739 153445 65.4 15.4
Ja10 16147 10.6 2539 1.6 18686 12.2 9161 6.0 27847 18.2 236832 152957 64.6 18.0
Ja11 14937 09.8 2800 1.8 17737 11.6 9027 5.9 26764 17.5 238704 152536 63.9 17.3
Ja12 13541 08.8 2809 1.9 16350 10.7 8747 5.7 25097 16.4 242269 153485 63.4 16.2
Ja13 13181 08.5 2443 1.6 15624 10.1 8506 5.5 24130 15.6 244663 154794 63.3 15.4
Ja14 10855 07.0 2592 1.7 13447 08.7 7617 4.9 21064 13.6 246915 154381 62.5 13.5
Ja15 09498 06.1 2234 1.4 11732 07.5 7125 4.6 18857 12.1 249723 156050 62.5 12.0
Ja16 08309 05.3 2089 1.3 10398 06.6 6234 4.0 16632 10.6 252397 157347 62.3 10.5
Ja17 08149 05.1 1752 1.1 09901 06.2 6127 3.9 16028 10.1 254082 158676 62.5 10.1
Ja18 07189 04.5 1653 1.0 08842 05.5 5380 3.4 14222 08.9 256780 160037 62.3 08.9

Fb18 07091 04.4 1602 1.0 08693 05.4 5241 3.2 13934 08.6 256934 161494 62.9 08.6
Mr18 06671 04.1 1454 0.9 08125 05.0 4975 3.1 13100 08.1 257097 161548 62.8 08.1
Ap18 05932 03.7 1362 0.8 07294 04.5 4631 2.9 11925 07.4 257272 161280 62.7 07.4
My18 05657 03.6 1455 0.9 07112 04.4 4677 2.9 11789 07.3 257454 161765 62.8 07.3


J l 12 13400 08.6 2529 1.6 15929 10.2 8218 5.2 24147 15.4 243354 156526 64.3
Au12 12696 08.2 2561 1.6 15257 09.8 7723 5.0 22980 14.8 243566 155255 63.7
Se12 11742 07.6 2517 1.6 14259 09.2 8003 5.2 22262 14.4 243772 155075 63.6
Oc12 11741 07.5 2433 1.6 14174 09.1 7768 5.0 21942 14.1 243983 155779 63.8
Nv12 11404 07.4 2505 1.6 13909 09.0 7898 5.1 21807 14.1 244174 154953 63.5


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.

Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.

The figure of Unemployed plus Marginally Attached is indisputably the real Unfake Unemployment figure. It does not return to Jan 2008 level until 2017, after Trump was Elected. For April 2018 this figure is lower than any January figure since it was created in 1994.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.
By 2016 the Marginally Attached plus Involuntary Part-Time counts were more than the Fake Unemployment count.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 1:44 PM

JEWELSTAITEFAN



Adding to this Table of Data, which includes Not Fully Employed Rate.

I will refer to this set of data as Table JSF-URF-3

I will post some actual numbers and let the comparisons and discussion follow.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the Unemployed.
The 2nd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category.
The 3rd column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT. The 4th column of numbers is the sum of the 1st, 2nd, and 3rd columns. 5th column is the Rate for column 4 figure, divided by Labor Force.

The 6th column of numbers is the Subtotal of columns 1 and 3, Unemployed plus Involuntary Part-Time.
The 7th column is Labor Force minus column 6. This is also Employed minus column 3 Involuntary Part-Time. This is not a figure identified by BLS, so I will call it Actually Fully Employed. This is Employed Full-time plus Voluntary Part-Time.

Not listed, but Civilian noninstitutional Population minus Actually Fully Employed is also a figure avoided by BLS, and I will call it Not Fully Employed, which is Unemployed plus Involuntary Part-Time plus Marginally Attached plus Not In Labor Force. The 8th column is Not Fully Employed Rate, which is divided by Civilian noninstitutional Population.

The 9th column is the Civilian Population. 10th column is Labor Force, 11th column is Participation Rate. 12th column is the published U-6 figure.

Figures in thousands.

Mo/Yr Unem MrgAt InvPT Total Prcnt SubTtl AcEmpl NtEm CivPop LbrForc Prtc% U6%
Jan94 09492 2120 4963 16575 12.8% 14455 114938 41.3% 195953 129393 66.0
Jan95 08101 1783 4620 14504 11.1% 12721 117923 40.4% 197753 130698 66.1
Jan96 08270 1737 4103 14110 10.7% 12373 119023 40.4% 199634 131396 65.8 10.8
Jan97 07933 1615 4338 13886 10.3% 12271 122046 39.7% 202285 134317 66.4 10.4
Jan98 07069 1479 4090 12638 09.3% 11159 124798 38.9% 204238 135951 66.6 09.3
Jan99 06604 1358 3645 11607 08.4% 10249 127694 38.2% 206719 137943 66.7 08.5
Jan00 06316 1197 3355 10868 07.8% 09671 129950 37.8% 208782 139621 66.9 07.8
Jan01 06647 1290 3559 11496 08.2% 10206 130843 38.0% 210889 141049 66.9 08.1
Jan02 08935 1509 4249 14693 10.4% 13184 127890 40.0% 213089 141074 66.2 10.5

Jan02 09051 1532 4453 15036 10.5% 13504 129724 40.1% 216506 143228 66.2 10.5
Jan03 09395 1598 5003 15996 11.0% 14398 130903 40.5% 219897 145301 66.1 11.0
Jan04 09144 1670 5152 15966 10.9% 14296 131772 40.7% 222161 146068 65.7 10.9
Jan05 08444 1804 4793 15041 10.2% 13237 133888 40.5% 224837 147125 65.4 10.2
Jan06 07608 1644 4513 13765 09.2% 12122 136978 39.8% 227553 149090 65.5 09.2
Jan07 07649 1577 4620 13846 09.1% 12269 139655 39.5% 230650 151924 65.9 09.1
Jan08 08221 1729 5235 15185 09.9% 13456 139372 40.1% 232616 152828 65.7 09.9
Jan09 13009 2130 8675 23814 15.5% 21684 131761 43.9% 234739 153445 65.4 15.4
Jan10 16147 2539 9161 27847 18.2% 25308 127649 46.1% 236832 152957 64.6 18.0
Jan11 14937 2800 9027 26764 17.5% 23964 128572 46.1% 238704 152536 63.9 17.3
Jan12 13541 2809 8747 25097 16.4% 22288 131197 45.8% 242269 153485 63.4 16.2
Jan13 13181 2443 8506 24130 15.6% 21687 133107 45.6% 244663 154794 63.3 15.4
Jan14 10855 2592 7617 21064 13.6% 18472 135909 45.0% 246915 154381 62.5 13.5
Jan15 09498 2234 7125 18857 12.1% 16623 139427 44.2% 249723 156050 62.5 12.0
Jan16 08309 2089 6234 16632 10.6% 14543 142804 43.4% 252397 157347 62.3 10.5
Jan17 08149 1752 6127 16028 10.1% 14276 144400 43.2% 254082 158676 62.5 10.1
Jan18 07189 1653 5380 14222 08.9% 12569 147468 42.6% 256780 160037 62.3 08.9

Feb18 07091 1602 5241 13934 08.6% 12332 149162 41.9% 256934 161494 62.9 08.6
Mar18 06671 1454 4975 13100 08.1% 11646 149902 41.7% 257097 161548 62.8 08.1
Apr18 05932 1362 4631 11925 07.4% 10563 150717 41.4% 257272 161280 62.7 07.4
My 18 05657 1455 4677 11789 07.3% 10334 151160 41.3% 257454 161765 62.8 07.3


Jul 12 13400 2529 8218 24147 15.4% 21618 134908 44.1% 243354 156526 64.3
Aug12 12696 2561 7723 22980 14.8% 20419 134836 44.6% 243566 155255 63.7
Sep12 11742 2517 8003 22262 14.4% 19745 135330 44.5% 243772 155075 63.6
Oct12 11741 2433 7768 21942 14.1% 19509 136270 44.1% 243983 155779 63.8
Nov12 11404 2505 7898 21807 14.1% 19302 135651 44.4% 244174 154953 63.5


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.

Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.


The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.


In the previous Tables of data, we can see that as far as common Indicators are concerned, all figures, totals, and Subtotals are at or near all-time lows (since the creation of U-6 in 1994) under Trump. But the categories are still manipulated, and potentially misrepresented.
So to help understand how much of the population is actually not allowed to be Employed Full-time when they want to, I have included in the above Table the 8th column of numbers, the Not Fully Employed Rate, which is a percentage of the Civilian noninstitutional Population. Because of the much larger denominator this figure will not have such drastic swings as other figures reported. This can help demonstrate how many are still able to fill a "tight Labor Market" which some are worried about. It can also provide an unvarnished picture of how many are not working, and compare to other periods since U-6 was created. These 2 figures help show how the Labor Force Participation Rate and U-6 realistically work together.

Even with this new figure, it is the lowest since the Rock-The-Vote Democrat Recession, which began October 2007 at the start of FY2008.

So, for those like 6ix, is there further valid dispute that the numbers are improved under Trump? It seems the only other objection would be claims of wholesale number fabrication.

This post has been under construction for over a day, while I attempted to resolve issues of display and presentation, and updating. Thanks for your patience.


NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 3:29 PM

JEWELSTAITEFAN


Updating with data from today's Jobs Report:

Adding to this Table of Data, where I included the Margin of Gain for Labor Force, and Margin of Gain for Actually Fully Employed:

I will refer to this set of data as Table JSF-URF-4

I will post some actual numbers and let the comparisons and discussion follow.

The BLS uses both Seasonally Adjusted figures and Unadjusted figures, and interchanges them without clearly identifying so. I will use only the Unadjusted numbers, to help maintain clarity and transparency.

Some numbers may have a 0 placed as first digit, to maintain column form in this format.

The 1st column of numbers is the unemployed.
The 2nd column is what is called Marginally Attached to the Labor Force, which is included in the Want A Job Now category but NOT included in the Labor Force category and therefore excluded from the reported Unemployment category.
The 3rd column is the Involuntary Part-Time workers, who are Not Employed Full Time due to poor Economy, and want, are able to work FT.
The 4th column is the sum of the first 3 columns. 5th column is the Rate for column 4 figure, with Labor Force as the denominator.
The 6th column of numbers is the Subtotal of columns 1 and 3, Unemployed plus Involuntary Part-Time.
The 7th column is Labor Force minus column 6. This is also Employed minus column 3 Involuntary Part-Time. This is not a figure identified by BLS, so I will call it Actually Fully Employed. This is Employed Full-time plus Voluntary Part-Time.
Not listed, but Civilian noninstitutional Population minus Actually Fully Employed is also a figure avoided by BLS, and I will call it Not Fully Employed, which is Unemployed plus Involuntary Part-Time plus Marginally Attached plus Not In Labor Force. The 8th column is Not Fully Employed Rate, which is divided by Civilian noninstitutional Population.
The 9th column is the Civilian Population. 10th column is Labor Force, 11th column is Participation Rate.
The 12th column is Marginal Labor Force Rate. This percent is the gain of the Labor Force divided by the gain of the Civilian noninstitutional Population.
The 13th column is the Marginal Actual Fully Employed Rate. This percent is the gain in the Actual Fully Employed divided by the gain of the Civilian noninstitutional Population.

Figures in thousands.

MoYr Unem MrgAt InvPT Total Prct SubTtl AcEmpl NtEm CivPop LbrForc Prtc% MgLF MgAE
Ja94 09492 2120 4963 16575 12.8 14455 114938 41.3% 195953 129393 66.0 +101.5
Ja95 08101 1783 4620 14504 11.1 12721 117923 40.4% 197753 130698 66.1 +072.5 +165.8
Ja96 08270 1737 4103 14110 10.7 12373 119023 40.4% 199634 131396 65.8 +037.1 +058.5
Ja97 07933 1615 4338 13886 10.3 12271 122046 39.7% 202285 134317 66.4 +110.2 +114.1
Ja98 07069 1479 4090 12638 09.3 11159 124798 38.9% 204238 135951 66.6 +083.7 +140.9
Ja99 06604 1358 3645 11607 08.4 10249 127694 38.2% 206719 137943 66.7 +080.3 +116.7
Ja00 06316 1197 3355 10868 07.8 09671 129950 37.8% 208782 139621 66.9 +081.3 +109.4
Ja01 06647 1290 3559 11496 08.2 10206 130843 38.0% 210889 141049 66.9 +067.8 +042.4
Ja02 08935 1509 4249 14693 10.4 13184 127890 40.0% 213089 141074 66.2 +001.1 --134.2

Ja02 09051 1532 4453 15036 10.5 13504 129724 40.1% 216506 143228 66.2 +038.8 --019.9
Ja03 09395 1598 5003 15996 11.0 14398 130903 40.5% 219897 145301 66.1 +061.1 +034.8
Ja04 09144 1670 5152 15966 10.9 14296 131772 40.7% 222161 146068 65.7 +033.9 +038.4
Ja05 08444 1804 4793 15041 10.2 13237 133888 40.5% 224837 147125 65.4 +039.5 +079.1
Ja06 07608 1644 4513 13765 09.2 12122 136978 39.8% 227553 149090 65.5 +072.3 +113.8
Ja07 07649 1577 4620 13846 09.1 12269 139655 39.5% 230650 151924 65.9 +091.5 +086.4
Ja08 08221 1729 5235 15185 09.9 13456 139372 40.1% 232616 152828 65.7 +046.0 --014.4
Ja09 13009 2130 8675 23814 15.5 21684 131761 43.9% 234739 153445 65.4 +029.1 --358.5
Ja10 16147 2539 9161 27847 18.2 25308 127649 46.1% 236832 152957 64.6 --023.3 --196.5
Ja11 14937 2800 9027 26764 17.5 23964 128572 46.1% 238704 152536 63.9 --022.5 +049.3
Ja12 13541 2809 8747 25097 16.4 22288 131197 45.8% 242269 153485 63.4 +026.6 +073.6
Ja13 13181 2443 8506 24130 15.6 21687 133107 45.6% 244663 154794 63.3 +054.7 +079.8
Ja14 10855 2592 7617 21064 13.6 18472 135909 45.0% 246915 154381 62.5 --018.3 +124.4
Ja15 09498 2234 7125 18857 12.1 16623 139427 44.2% 249723 156050 62.5 +059.4 +125.3
Ja16 08309 2089 6234 16632 10.6 14543 142804 43.4% 252397 157347 62.3 +055.8 +145.6
Ja17 08149 1752 6127 16028 10.1 14276 144400 43.2% 254082 158676 62.5 +078.9 +094.7
Ja18 07189 1653 5380 14222 08.9 12569 147468 42.6% 256780 160037 62.3 +050.4 +113.7

Fb18 07091 1602 5241 13934 08.6 12332 149162 41.9% 256934 161494 62.9 +946.1 1100.0
Mr18 06671 1454 4975 13100 08.1 11646 149902 41.7% 257097 161548 62.8 +033.1 +454.0
Ap18 05932 1362 4631 11925 07.4 10563 150717 41.4% 257272 161280 62.7 --153.1 +456.7
My18 05657 1455 4677 11789 07.3 10334 151160 41.3% 257454 161765 62.8 +266.5 +243.4


Jl 12 13400 2529 8218 24147 15.4 21618 134908 44.1% 243354 156526 64.3
Ag12 12696 2561 7723 22980 14.8 20419 134836 44.6% 243566 155255 63.7 --598.6 --034.0
Se12 11742 2517 8003 22262 14.4 19745 135330 44.5% 243772 155075 63.6 --087.4 +239.8
Oc12 11741 2433 7768 21942 14.1 19509 136270 44.1% 243983 155779 63.8 +333.6 +445.5
No12 11404 2505 7898 21807 14.1 19302 135651 44.4% 244174 154953 63.5 --432.5 --324.1


General color-coding guidelines:
This color mostly highlights the most favorable figure of it's column in the Table.
This color mostly highlights the most favorable figure of it's column since 9/11, or else since the Rock-The-Vote Democrat Recession.
This color highlights the worst figures in it's column in the Table, including loss of Labor Force count.
This color highlights Actually Employed figures which have not recovered from a prior high count.
This color highlights growth of Civilian noninstitutional Population over 3 Million, 18 years after relevant births.


Quote:

Comparing to The Great Depression: the Unemployment peaked in 1933 at 24.75% with 12.830 Million unemployed. In 1932 there were 12.060 M unemployed, and 11.340M in 1934, 10.610 in 1935.
The 5 year stretch from 2009 to 2014 exceeded 12.9 Million each year, more Unemployed than the Great Depression. And 2014 was only less with the Fake figure, but including Marginally Attached was still more than Great Depression.

The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated.
The Unemployment Rate was almost doubled by Jan 2010, and the Fake figure didn't return to 2008 level until Jan 2016. This figure after 2008 was able to be artificially less by shifting more unemployed into the Marginally Attached category, which Obamanomics managed to almost double. This Jan figure didn't return to 2008 level until 2017, after Trump was Elected. With 10 Million in 2008, this count did not fall back to sub-10 Million until 2017.
With Obamanomics pushing more into the Involuntary Part-Time group, this also got bloated to disguise the horrible Unemployment problems, and this Rate did not return to 2008 level until 2018.

The Jan Rate of all 3 categories combined of Obamanomics Unemployment did not fall back to 2008 level until 2018.

The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.

Some have mentioned concern regard a tight Labor Market, too many vacant jobs without enough bodies to fill them.
But we should remember to consider the Labor Participation Rate. At the turn of the century it was around 67%, and in the later Bush43 period it was 66%.
Just because Obamanomics was able to drive it down to the 62% range does not mean that is the new norm. That 5% loss of Participation Rate amounts to about 13 Million potential employees.
Sure, they may not need to live in their mom's basement anymore if they become employed, but life can just be rough.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 3:34 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Allstarassembly.com or something. Maybe all-starassembly.com
I'm told they're expanding like crazy. Only been in business in past 6-7 years, expanding during Obamanomics.

What city are you near?

If you don't already have tools, find every used tool reseller in your area. And sales at Harbor Freight Tools and Home Depot can be your friend.

Yeah. I checked over their website yesterday before I posted back to you. I love how the job is completely merit based. It's been a long time since I worked someplace like that. Though I'd have to start working out on my free time, I'm very good with my hands and with tools and I think I could probably do very well there if they'd hire me.

You mind asking how many bikes per hour your friend usually puts together to get that $30? The website says something along the lines of their average employee making around $18/hr, which still isn't bad, but they don't go into any details for what merits that pay scale.

I've already got a lot of the tools they say you need on the website. Anything I'd have to buy is stuff I've always wanted anyhow and they'd pay for themselves rather quickly. My car would be the problem right now. I've got to make that thing reliable before I took on a job like this.

I'm going to email them and see what they say about applying. They had an "Employment" section on the site, but no way of applying there.

Do Right, Be Right. :)

Maybe try this:
https://www.ziprecruiter.com/jobs/all-star-assembly-2498d667/assembly-
technician-0a460cac


I think you only need to get transpo to the nearest Walmart, with your tools. You could have friends drop you off for a couple weeks until your income pays for your vehicle upkeep. don't mention vehicle issues.

I guess the secret is that you cannot work late, like past 5pm, because the store crew comes in and needs the workspace you used. But you can come in a few hours early usually, so you can work 10 hours in a day, and the hourly rate is based on your merited work.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 8:50 PM

6IXSTRINGJACK


Damn... all of those IN locations are way deeper in the state than I am. The closest would be South Bend, but that's about 80 miles from me.

I'm still going to put my resume on file there and see if I can't build up a rapport with somebody. Never know what the future might hold, and I'm not in a desperate situation right now.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 9:58 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Damn... all of those IN locations are way deeper in the state than I am. The closest would be South Bend, but that's about 80 miles from me.

I'm still going to put my resume on file there and see if I can't build up a rapport with somebody. Never know what the future might hold, and I'm not in a desperate situation right now.

Do Right, Be Right. :)

That was just one area that I found a link for. You didn't tell me where you were. It's the same company nationwide. Contact them first and let them know where you can go.
I heard it's growing, so get in before everybody gets in front of you.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, June 1, 2018 10:53 PM

JEWELSTAITEFAN


Today's Jobs Report includes data which shows that the Unemployment Count, Unemployment Rate U-3, and U-6 are the lowest since 1994.
And the Not Fully Employed Rate is even lower than April.

Since January the Civilian noninstitutional Population has increased 674,000.
The Labor Force has increased 1,728,000.
The Actual Fully Employed has increased 3,692,000.
The Actually Not Fully Employed decreased 2,235,000.


In the month of June the graduations of students might jump the Figures up, but there seem to be a pile of jobs waiting for them.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
Kamala Harris for President
Thu, October 31, 2024 19:03 - 591 posts
How do you like my garbage truck?
Thu, October 31, 2024 18:49 - 2 posts
A.I Artificial Intelligence AI
Thu, October 31, 2024 18:47 - 236 posts
Trump on Joe Rogan: Full Podcast
Thu, October 31, 2024 18:05 - 7 posts
Israeli War
Thu, October 31, 2024 18:04 - 62 posts
In the garden, and RAIN!!! (2)
Thu, October 31, 2024 17:58 - 4657 posts
Elections; 2024
Thu, October 31, 2024 17:45 - 4425 posts
Spooky Music Weird Horror Songs...Tis ...the Season...... to be---CREEPY !
Thu, October 31, 2024 16:19 - 56 posts
Sentencing Thread
Thu, October 31, 2024 15:11 - 381 posts
human actions, global climate change, global human solutions
Thu, October 31, 2024 14:25 - 921 posts
Russia Invades Ukraine. Again
Thu, October 31, 2024 13:46 - 7408 posts
No matter what happens...
Wed, October 30, 2024 23:43 - 21 posts

FFF.NET SOCIAL