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REAL WORLD EVENT DISCUSSIONS
Unemployment Rate Facts
Wednesday, September 5, 2018 10:02 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.
Wednesday, September 5, 2018 10:04 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.
Wednesday, September 5, 2018 10:05 PM
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.
Wednesday, September 5, 2018 10:07 PM
Wednesday, September 5, 2018 10:09 PM
Thursday, September 6, 2018 11:15 PM
Thursday, September 6, 2018 11:31 PM
6IXSTRINGJACK
Saturday, September 8, 2018 2:51 AM
Saturday, September 8, 2018 2:52 AM
Saturday, September 8, 2018 2:53 AM
Saturday, September 8, 2018 2:54 AM
Saturday, September 8, 2018 3:20 AM
Saturday, September 8, 2018 3:57 AM
Quote:Originally posted by 6IXSTRINGJACK: All I've got to say about it is personal experience man. When I was only 19, I went to an "office temp agency" two of my lady friends had gone to, where it was immediately commented by the women who worked there that I had excellent typing skills for a guy. They landed me a job immediately the next day paying $11.00/hr, (to which my boss was paying them an extra $4/hr) back when gas was under a buck a gallon. It was only supposed to be a temporary position helping them convert old account information from a crappy piece of software to QuickBooks Pro. In the following week, they had two other offers for me at $12 and $13 each, and I hadn't had more than about 6 months of college at that point. I had a good feeling about where I was at and I stayed there though, and a week later my boss pulled me into his office and said "hey kid, you want a full time job?" By the time his outfit was shut down because he was somehow tied to the George Ryan scandal, I was making $15/hr, and there were several weeks there where I worked over 100 hours a week with time and a half benefits. According to the SSA website, the year that I was 20 going on 21 years old was the 4th highest earning year of my life. Enter GWB and the 20 year stagnation of wages that followed... Fast forward to 2018. There's no such thing as "Office Temp Agencies" anymore. They're gone. Now they're just umbrella agencies that offer close to minimum wage for any of the various types of work. I make 50 cents more an hour now than I did when I was 19, it's part time work and there are no insurance or other benefits. Everything is extremely more expensive today than it was 20 years ago, especially healthcare. I'm lucky to have the job considering my last job was only a buck over national minimum wage with the overnight shift differential and even though I was given the employee of the month at one point, nobody got a single cent for a raise. I spent 2 1/2 years there. When I do my 2018 income tax forms next year, that will mark the first time since I was laid off in late 2009 that I have collectively made what I used to make in a single year when I was laid off. It will have taken me 8 years to make what I used to make in a single year. According to the Unemployment stats, all is as it was though. I'm employed. That's all that matters to the stats. Do Right, Be Right. :)
Sunday, September 9, 2018 1:47 AM
Sunday, September 9, 2018 9:12 AM
Quote:Originally posted by JEWELSTAITEFAN: Well, I fell asleep last night while updating the figures from Friday's report. But it looks like Involuntary Part-Time is the lowest since before 9/11, both raw count, and percentage. I have not seen that item pointed out in any summaries.
Sunday, September 9, 2018 11:29 AM
Quote:Originally posted by 6IXSTRINGJACK: Quote:Originally posted by JEWELSTAITEFAN: Well, I fell asleep last night while updating the figures from Friday's report. But it looks like Involuntary Part-Time is the lowest since before 9/11, both raw count, and percentage. I have not seen that item pointed out in any summaries. lol... you're going to need big citations on that one. Preferably from multiple sources. Do Right, Be Right. :)
Sunday, September 9, 2018 11:48 AM
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by 6IXSTRINGJACK: Quote:Originally posted by JEWELSTAITEFAN: Well, I fell asleep last night while updating the figures from Friday's report. But it looks like Involuntary Part-Time is the lowest since before 9/11, both raw count, and percentage. I have not seen that item pointed out in any summaries. lol... you're going to need big citations on that one. Preferably from multiple sources. Do Right, Be Right. :)From The Bureau of Labor Statistics. That is the cite. Everything else is derivative. With info so readily available, it might be considered Common Knowledge. It's not an obscure source. Although shadowstats says Unemployment is the lowest since 2010, I do not see where they delve into the specific categories.
Friday, September 14, 2018 12:22 AM
Thursday, September 20, 2018 10:31 PM
Thursday, October 4, 2018 10:23 PM
Friday, October 5, 2018 10:30 PM
Friday, October 5, 2018 10:31 PM
Friday, October 5, 2018 10:33 PM
Friday, October 5, 2018 11:15 PM
Friday, October 19, 2018 8:39 PM
Thursday, October 25, 2018 12:52 PM
Thursday, November 1, 2018 4:16 PM
Friday, November 2, 2018 2:41 PM
Friday, November 2, 2018 2:42 PM
Friday, November 2, 2018 2:43 PM
Friday, November 2, 2018 2:44 PM
Saturday, November 10, 2018 1:31 AM
Saturday, November 10, 2018 7:16 AM
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: Now that America has voted for no jobs, who wants to guess how long before these numbers start climbing?
Saturday, November 10, 2018 8:38 AM
Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: Now that America has voted for no jobs, who wants to guess how long before these numbers start climbing?To correct you, JewelStaiteFan, the GOP controlled Federal Reserve, NOT THE DEMOCRATS, will raise interest rates again—to Trump's dismay. His displeasure at the Fed centers on what he regards as a threat to continued economic expansion and low unemployment. The Fed under Jerome Powell has raised interest rates three times in 2018 and is expected to raise rates again in December, with considerable discussion that the rate-raising cycle will continue through 2019 and possibly into 2020. The concern from the president is that Fed actions will eventually end the growth cycle and provoke a recession with high unemployment rates. How far will Trump try to push the GOP controlled Federal Reserve once it has become clear that it won't do as he wishes? JewelStaiteFan, there is more about how the economy actually works and how very wrong your understanding is of that subject, at https://nationalinterest.org/feature/federal-reserve-will-raise-rates-again%E2%80%94-trumps-dismay-35562
Monday, November 19, 2018 5:56 PM
Saturday, November 24, 2018 2:16 AM
Thursday, November 29, 2018 12:00 PM
Thursday, November 29, 2018 12:28 PM
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: Now that America has voted for no jobs, who wants to guess how long before these numbers start climbing?To correct you, JewelStaiteFan, the GOP controlled Federal Reserve, NOT THE DEMOCRATS, will raise interest rates again—to Trump's dismay. His displeasure at the Fed centers on what he regards as a threat to continued economic expansion and low unemployment. The Fed under Jerome Powell has raised interest rates three times in 2018 and is expected to raise rates again in December, with considerable discussion that the rate-raising cycle will continue through 2019 and possibly into 2020. The concern from the president is that Fed actions will eventually end the growth cycle and provoke a recession with high unemployment rates. How far will Trump try to push the GOP controlled Federal Reserve once it has become clear that it won't do as he wishes? JewelStaiteFan, there is more about how the economy actually works and how very wrong your understanding is of that subject, at https://nationalinterest.org/feature/federal-reserve-will-raise-rates-again%E2%80%94-trumps-dismay-35562 With all of this information, the Dow still continued to climb to All-Time Record High even last month. And when the Honest Election was over, with only a few thefts, the Market climbed over 2% the next day. Then, with news of the continuing Thefts of Elections for days and days, the market has been dropping every day. Your facade of narrative is falling flat.
Sunday, December 9, 2018 7:29 AM
Sunday, December 9, 2018 7:42 AM
Sunday, December 9, 2018 7:50 AM
Sunday, December 9, 2018 7:51 AM
Sunday, December 9, 2018 7:52 AM
Sunday, December 9, 2018 7:53 AM
Sunday, December 9, 2018 1:52 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.
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