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REAL WORLD EVENT DISCUSSIONS
Unemployment Rate Facts
Friday, March 6, 2020 4:26 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, March 6, 2020 4:27 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.
Quote: The Civilian Adult Population steadily Increases, suggesting that figure is not manipulated. Except possibly 2010, 2011, 2016. The Labor Force Participation Rate steadily dropped each year until finally reversing in 2017, Trump's first year.
Thursday, March 12, 2020 8:37 PM
Monday, June 29, 2020 4:57 PM
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Wednesday, July 1, 2020 2:21 PM
Thursday, July 2, 2020 11:59 AM
Thursday, July 2, 2020 12:00 PM
Thursday, July 2, 2020 2:27 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.
Friday, August 7, 2020 12:08 PM
Monday, August 10, 2020 7:42 PM
Monday, August 10, 2020 8:01 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 see that all of the subcomponents of U-6 are now better than they were under Obamanomics (2010). Only Want A Job figure is worse, which is not used in U-6.
Tuesday, September 1, 2020 10:12 AM
THG
Tuesday, September 1, 2020 10:42 AM
Quote:Originally posted by THG: President Donald Trump's payroll tax deferral raises issues for businesses and employees
Tuesday, September 1, 2020 4:56 PM
Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: I see that all of the subcomponents of U-6 are now better than they were under Obamanomics (2010). Only Want A Job figure is worse, which is not used in U-6.The Federal Reserve says you don't know what you think you know: Unemployment Rate https://fred.stlouisfed.org/graph/?g=tZhu https://fred.stlouisfed.org/graph/?g=tYmb https://fred.stlouisfed.org/graph/?g=tZhm https://fred.stlouisfed.org/graph/?g=tZhM https://fred.stlouisfed.org/graph/?g=tZhY https://fred.stlouisfed.org/graph/?g=tZi8
Tuesday, September 1, 2020 7:17 PM
Quote:Originally posted by JEWELSTAITEFAN: In each of those, what do you think the figure was then, and what do you think the figure is now?
Friday, September 4, 2020 2:17 PM
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: I see that all of the subcomponents of U-6 are now better than they were under Obamanomics (2010). Only Want A Job figure is worse, which is not used in U-6.The Federal Reserve says you don't know what you think you know: Unemployment Rate
Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: I see that all of the subcomponents of U-6 are now better than they were under Obamanomics (2010). Only Want A Job figure is worse, which is not used in U-6.The Federal Reserve says you don't know what you think you know: Unemployment Rate
Quote:Quote: In each of those, what do you think the figure was then, and what do you think the figure is now?
Quote:
Quote:Originally posted by second: Quote:Originally posted by JEWELSTAITEFAN: In each of those, what do you think the figure was then, and what do you think the figure is now?Blah blah blah nonanswer blah blah lies blah blah deflection blah blah lies blah blah lies blah blah blah nonanswer.
Friday, September 4, 2020 2:28 PM
Monday, September 14, 2020 7:44 PM
Monday, September 14, 2020 8:15 PM
Quote:Originally posted by JEWELSTAITEFAN: At this point, all of the subcomponent figures, counts, percentages of the U-6 rate are back to being better than Obamanomics.
Saturday, October 3, 2020 12:42 PM
Friday, November 13, 2020 3:47 PM
Friday, November 13, 2020 3:48 PM
Friday, December 4, 2020 6:01 PM
Friday, December 4, 2020 6:02 PM
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