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Started By
Message
re: Unemployment Rate Reaches Record Low
Posted on 2/6/23 at 7:36 am to SuperSaint
Posted on 2/6/23 at 7:36 am to SuperSaint
quote:
Biden doin work
0
Posted on 2/6/23 at 7:38 am to Grateful Reb
All low paying service industry jobs.
"Would you like some fries with that?"
"Would you like some fries with that?"
Posted on 2/6/23 at 7:38 am to Grateful Reb
more economic info from the admin that makes 0 sense.
Posted on 2/6/23 at 7:46 am to Grateful Reb
quote:
the unemployment rate fell to 3.4%—coming in below expectations for it to tick up to 3.6% and instead hitting the lowest level since 1969.
Now do the labor participation rate and you’ll get a good idea of what bullshite this is.
Posted on 2/6/23 at 7:47 am to Grateful Reb
Unemployment Rate Reaches Record Low as new accounting method only counts people who have jobs.
Posted on 2/6/23 at 7:52 am to TBoy
quote:
Imagine being so brainwashed that you reject the real world around you to cling desperately to the false narrative peddled by right wing propaganda.
This like perfectly describes you and other lunatic leftist. You’ve outed yourself as being so stupid that I don’t even see the point in debating you. You are beyond reproach.
Posted on 2/6/23 at 7:53 am to Grateful Reb
quote:
Grateful Reb
And yet Your name revolves around a group who never had a hit to begin with.
Posted on 2/6/23 at 7:53 am to Grateful Reb
Labor Participation over the last 10 years
25 year view
25 year view
Posted on 2/6/23 at 7:54 am to LSUengr
Yikes.
Posted on 2/6/23 at 8:00 am to Grateful Reb
This will always be either great news or bullshite depending on if you support the current president.
Posted on 2/6/23 at 8:09 am to LSUengr
Dear lord look at what our government has done to us.
Posted on 2/6/23 at 8:11 am to Grateful Reb
quote:
lowest level since 1969
Didn't the stock market fall pretty hard in '70. Hmmmmm
Posted on 2/6/23 at 8:12 am to Grateful Reb
Welcome mat at a friends house: "If you ain't GOD or George Strait then take off your damn boots!!"
Posted on 2/6/23 at 8:27 am to jnethe1
quote:
Dear lord look at what our government has done to us.
It's really not the govt. The problem is boomers are retiring at a faster rate than young people entering the workforce. Families don't have as many kids as they used to. Labor participation will continue to decline for some time.
It's also why social security and Medicare is broke.
This post was edited on 2/6/23 at 8:36 am
Posted on 2/6/23 at 8:28 am to Grateful Reb
Any statistics coming out of this adminstration is false!
Posted on 2/6/23 at 8:31 am to oldskule
Right under the headline they show the household survey was unchanged. The last time this happened was when the Fed overtightened in 07-08 timeframe
Posted on 2/6/23 at 8:33 am to mindbreaker
quote:
This will always be either great news or bullshite depending on if you support the current president.
Or....
You could educate yourself on how this number is figured out, and how administrations over the years have altered the formula.
In today's lesson of "what is reality, really?", you need to look at the labor participation rate to discover how much of a lie this new number is.
Yep, big lie. Men can give birth and the economy is great! Woohoo! America!!
Posted on 2/6/23 at 8:40 am to Grateful Reb
I only believed the unemployment numbers when they came from the Trump administration. Every other President lies about those numbers to make themselves look good.
Posted on 2/6/23 at 8:41 am to Grateful Reb
quote:
People willing to work Reaches Record Low
Fify
Posted on 2/6/23 at 8:43 am to oldskule
I think the stats are right, but remember, when people give up on finding a job, they are taken out of the denominator.
The reason unemployment looks good is because, post covid, millions have completely given up on working.
The reason unemployment looks good is because, post covid, millions have completely given up on working.
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