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REAL WORLD EVENT DISCUSSIONS
Unemployment Rate Facts
Friday, June 1, 2018 11:06 PM
JEWELSTAITEFAN
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.
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.
Friday, June 1, 2018 11:07 PM
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.
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.
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.
Friday, June 1, 2018 11:09 PM
Saturday, June 2, 2018 7:33 AM
6IXSTRINGJACK
Quote:Originally posted by 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.
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. :)
Wednesday, June 6, 2018 12:45 PM
Wednesday, June 6, 2018 1:47 PM
Thursday, June 7, 2018 9:17 AM
Saturday, June 9, 2018 3:42 AM
Saturday, June 9, 2018 4:30 PM
Tuesday, June 12, 2018 11:22 PM
Quote:Originally posted by 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.
Quote: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.
Thursday, June 14, 2018 8:55 AM
Thursday, June 21, 2018 11:09 AM
Thursday, June 28, 2018 11:25 AM
Thursday, June 28, 2018 11:30 AM
REAVERFAN
Thursday, June 28, 2018 11:41 AM
Friday, June 29, 2018 5:00 AM
Thursday, July 5, 2018 1:09 PM
Friday, July 6, 2018 8:52 AM
Friday, July 6, 2018 8:54 AM
Friday, July 6, 2018 8:56 AM
Friday, July 6, 2018 8:58 AM
Sunday, July 8, 2018 2:14 AM
Thursday, July 12, 2018 9:46 AM
Thursday, July 19, 2018 9:13 AM
Thursday, July 26, 2018 4:29 PM
Thursday, July 26, 2018 7:20 PM
Friday, July 27, 2018 6:33 AM
Quote:Originally posted by 6IXSTRINGJACK: Until you listen to this podcast, this thread is being ignored. Do Right, Be Right. :)
Friday, July 27, 2018 10:04 AM
Thursday, August 2, 2018 8:48 PM
Friday, August 3, 2018 10:01 PM
Friday, August 3, 2018 10:05 PM
Friday, August 3, 2018 10:07 PM
Friday, August 3, 2018 10:08 PM
Saturday, August 4, 2018 9:18 AM
Thursday, August 9, 2018 6:26 PM
Thursday, August 9, 2018 7:02 PM
Friday, August 10, 2018 5:24 AM
Friday, August 10, 2018 5:34 AM
Quote:Originally posted by 6IXSTRINGJACK: Again, keep in mind the only people that actually report that they are unemployed are the ones that are drawing paychecks. You're free to keep reporting it after the last paycheck is paid out, but nobody actually does. Those numbers are lies. And assuming that we've stopped extending the payouts and we're only paying out unemployment to 6 months instead of a year or more like we were for a while, that's automatically a 50% or more drop in people reporting their unemployment. Do Right, Be Right. :)
Tuesday, August 14, 2018 3:53 AM
Thursday, August 16, 2018 6:10 PM
Sunday, August 19, 2018 2:54 PM
1KIKI
Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.
Tuesday, August 21, 2018 12:27 AM
Quote:Originally posted by 1kiki: I appreciate you keeping up with this topic. I read it but don't generally post. THUGGER admits it's not about RUSSIA !!! and is, in fact, a witch hunt. "Trump better be innocent of any wrong doing, anywhere, anytime."
Tuesday, August 21, 2018 1:06 AM
Thursday, August 23, 2018 6:47 PM
Thursday, August 30, 2018 8:14 PM
Thursday, August 30, 2018 8:24 PM
Monday, September 3, 2018 10:58 PM
Wednesday, September 5, 2018 6:06 AM
Quote:Originally posted by 6IXSTRINGJACK: The vacant jobs that need filling are skilled positions. Millennials aren't learning the skills from their Mom's basement, and they're certainly not learning them while acquiring their Bachleor's degrees with a major in Gender Studies. Do Right, Be Right. :)
Wednesday, September 5, 2018 8:47 AM
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by 6IXSTRINGJACK: The vacant jobs that need filling are skilled positions. Millennials aren't learning the skills from their Mom's basement, and they're certainly not learning them while acquiring their Bachleor's degrees with a major in Gender Studies. Do Right, Be Right. :)Over this past weekend I caught some coverage of the Crossfit Games, held in Madison the 1st week of August. On the female side on the board, most of the last names ended in "dottir" - none of them won.
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