Jobs report

#827
#827
lawgator1 said:
3) More young people are going to college. As BLS noted, “Because students are less likely to participate in the labor force, increases in school attendance at the secondary and college levels and, especially, increases in school attendance during the summer, significantly reduce the labor force participation rate of youths.”
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Kids are having to go back to school for 2 reasons, they can't find work after they graduate and/or they can't afford their student loan payments... so they are forced to go back to school to postpone loan payments (while piling on more debt) and hoping that more schooling will improve their job prospects.
 
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#828
#828
TennFan said:
The job market is skewed because of those who quit looking for jobs. The rate is probably closer to 8%. There were over 50,000 that quit looking for jobs.
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There is no way to really quantify how many people quit looking for a job. They use clever stunts that automatically roll people out of the workforce after a certain amount of time to make the numbers look better. They are manipulating the statistics.
 
#830
#830
Rasputin_Vol said:
93 million out of a country of 320 million... and that somehow equals 5.1% unemployment?

Lets see if Kingston can explain the Common Core math on that.
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See you take 93,000,000 the multiple it by X which we will call "intangible employment" and then using the function bullsh!t(x) we punch it into the formula √f(x)/:)olol:) then extrapolate the data through a unicorn enigma machine which generates a dot matrix print out of the "Actual" employment percentage which will equal whatever the President decides to tell the labor department he wants it to equal.

I mean its pretty straightforward liberal math guys.
 
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#831
#831
5.1% unemployment is awesome! The economy is killing it right?!



But why then do liberals keep complaining about everything?
 
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#832
#832
FLVOL69 said:
It's way higher than that...
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Even the democrats know it, but they'd never admit it. Gotta keep up the facade to convince Americans that a crappy economy where a 1/3 of Americans aren't working while 1/3 is also on govt assistance is a good thing.
 
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#833
#833
TheDeeble said:
Even the democrats know it, but they'd never admit it. Gotta keep up the facade to convince Americans that a crappy economy where a 1/3 of Americans aren't working while 1/3 is also on govt assistance is a good thing.
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"Let me say that unemployment insurance… is one of the biggest stimuluses (sic) to our economy. Economists will tell you, this money is spent quickly. It injects demand into the economy, and it’s job creating. It creates jobs faster than almost any other initiative you can name." Nancy Pelosi

Yes this idiot said this.
 
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#835
#835
theFallGuy said:
"Let me say that unemployment insurance… is one of the biggest stimuluses (sic) to our economy. Economists will tell you, this money is spent quickly. It injects demand into the economy, and it’s job creating. It creates jobs faster than almost any other initiative you can name." Nancy Pelosi

Yes this idiot said this.
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Man...I was getting ready to flame your azz...then realized the Pelosi quote. Funny. :)
 
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#839
#839
@BernieSanders: It is unacceptable that the typical male worker made $783 less last year than he did 42 years ago.
 
#840
#840
VolsNSkinsFan said:
@BernieSanders: It is unacceptable that the typical male worker made $783 less last year than he did 42 years ago.
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Well, he's probably too old now, and just works part time. Besides, he is getting Social Security by now, and doesn't need the $783.
 
#841
#841
Jobs Friday: It blows. Added 142,000 jobs in September, way below expectations for the addition of 203,000 jobs. The unemployment rate held steady at 5.1% during the month, as expected, but the labor force participation rate ticked even lower to 62.4%, compared to expectations for it to remain at 62.6%. Bad enough but most troubling are the revisions. The number of jobs created in July was initially reported as 245,000 but was revised downward to 223,000, and the change for August was revised from 173,000 down to 136,000. The revisions mean that employment gains in July and August combined were 59,000 less than previously reported. So on average, the growth in 2015 is 198,000 per month, compared to 260,000 in 2014. No need to worry... Obama and the Fed got this.
 
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#842
#842
Stock market is down too and according to the left, we are supposed to judge how well the economy is doing by the stock market.
 
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#843
#843
Ernest T. Vol said:
Jobs Friday: It blows. Added 142,000 jobs in September, way below expectations for the addition of 203,000 jobs. The unemployment rate held steady at 5.1% during the month, as expected, but the labor force participation rate ticked even lower to 62.4%, compared to expectations for it to remain at 62.6%. Bad enough but most troubling are the revisions. The number of jobs created in July was initially reported as 245,000 but was revised downward to 223,000, and the change for August was revised from 173,000 down to 136,000. The revisions mean that employment gains in July and August combined were 59,000 less than previously reported. So on average, the growth in 2015 is 198,000 per month, compared to 260,000 in 2014. No need to worry... Obama and the Fed got this.
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Jimmy Carter is ecstatic !
 
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#844
#844
FLVOL69 said:
Jimmy Carter is ecstatic !
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It is Jimmy's 2nd, 3rd and 4th term.

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#846
#846
Jobs Friday: Whipsaw the other way this month...added 271,000 jobs in October, above expectations of 180,000 jobs. The unemployment rate declined to 5% during the month, while Wall Street expected the rate to hold steady at 5.1%. The labor force participation rate was unchanged at 62.4%. Now a rate hike is back on the table for December. Markets trying to digest whether this "good news" is good or bad for stocks as futures are in flux.
 
#847
#847
Obama is to reject (kill) the Keystone XL Pipeline plan today which will kill about 42K jobs. Yea for the Democrats. Let's vote for more of the same dickheads to Office.
 
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#848
#848
W.TN.Orange Blood said:
Obama is to reject (kill) the Keystone XL Pipeline plan today which will kill about 42K jobs. Yea for the Democrats. Let's vote for more of the same dickheads to Office.
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To be fair, 3,900 were for the actual construction and even then only temporary. The balance of that 42,000 figure was fuzzy and included things like 'food services'.

The bellyaching over the pipeline is largely partisan and even then largely driven by the mouths who's constituents and donors would benefit.

Acting like the pipeline would have any significant long term impact on the economy simply isn't accurate. It seems that the argument has shifted from "we need cheaper gas" and replaced with "we need the jerbs" but with unemployment at 5% - it's hard to get outraged by the loss of temporary jobs.

I don't know where you guys are, but the job market here in SWFL is BOOMING.
 
#849
#849
Septic said:
To be fair, 3,900 were for the actual construction and even then only temporary. The balance of that 42,000 figure was fuzzy and included things like 'food services'.

The bellyaching over the pipeline is largely partisan and even then largely driven by the mouths who's constituents and donors would benefit.

Acting like the pipeline would have any significant long term impact on the economy simply isn't accurate. It seems that the argument has shifted from "we need cheaper gas" and replaced with "we need the jerbs" but with unemployment at 5% - it's hard to get outraged by the loss of temporary jobs.

I don't know where you guys are, but the job market here in SWFL is BOOMING.
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On the other hand acting like the pipeline will destroy the planet or Nebraska simply isn't accurate.

You're right, it is politics but there is so little downside in approving it that it looks worse to me to have the government deny activity for political reasons.

Bottomline, they shouldn't have to prove massive positive employment impact to be allowed to build something.
 
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