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Started By
Message
re: Unemployment Rate Reaches Record Low
Posted on 2/6/23 at 11:21 am to shoelessjoe
Posted on 2/6/23 at 11:21 am to shoelessjoe
quote:
Consider that people need two jobs to pay for the insane rate of inflation
That’s not how unemployment is calculated. AOC tried to make that claim once and was rightly skewered for it.
0
Posted on 2/6/23 at 11:22 am to JohnnyKilroy
quote:
And? Labor participation rate higher now than at the end of Trump's term.
Yeah, Trump was the reason it plummeted.
Posted on 2/6/23 at 11:24 am to Grateful Reb
quote:
You have two jobs?
I think he was making sport of this chick.
Posted on 2/6/23 at 11:26 am to jnethe1
quote:
Was the Labor Department telling the truth while Trump was in office?
quote:
Labor force participation over the past ten years:
And what exactly is it that you think this chart is demonstrating?
Posted on 2/6/23 at 11:26 am to Rand AlThor
quote:
When Trump did this "he's the best president ever, of course it's to be believed" ... Funny how that works
Look, you looney lefties can claim that Biden is the most woke, the most qualified (money laundering and grifting), and that he’s older than dirt. I will give all of you that.
But I honestly can not take you people seriously if you are going to sit here and tell everyone that the economy is better under Biden or any democrat for that matter.
Next you idiots are going to make an argument that raising taxes are good and helps the economy. I know, seems like an incredibly dumb take, but you’ll get there.
Posted on 2/6/23 at 11:27 am to Spelt it rong
quote:
Unemployment statistics were created by politicians for politicians to fool stupid people. Congrats.
A prime example of its effectiveness….
Posted on 2/6/23 at 11:27 am to Grateful Reb
quote:
And what exactly is it that you think this chart is demonstrating?
quote:
Labor force participation over the past ten years:
Posted on 2/6/23 at 11:29 am to wadewilson
quote:
You're a stupid fricking count. Keep your count ramblings on the SECR, you ugly fricking count.
Posted on 2/6/23 at 11:35 am to jnethe1
That chart shows that it’s hovered just above 63, and today it’s just below 63.
You just saw a line that went up and down and didn’t even look at the numbers
You just saw a line that went up and down and didn’t even look at the numbers
This post was edited on 2/6/23 at 11:36 am
Posted on 2/6/23 at 11:36 am to Grateful Reb
Today's Truth = Do I want it to be true
If I don't ---it's not
If I don't ---it's not
Posted on 2/6/23 at 11:39 am to Grateful Reb
Now do labor force participation rates. Many left the job market after CoVid and are no longer part of the unemployment data. Before CoVid the LFP was 63.4%, after CoVid 60.2%.
Posted on 2/6/23 at 11:42 am to Doctor Strangelove
quote:
Now do labor force participation rates.
It’s nearly 63%; right around what it’s been most of the last decade.
But if you’d known that, you wouldn’t have made that comment
Posted on 2/6/23 at 11:43 am to Grateful Reb
quote:
That chart shows that it’s hovered just above 63, and today it’s just below 63.
Lmao, that small percentage point difference is a huge difference in terms of the number of people who are actively involved in the labor market. It is a huge difference. Not only that, but considering that the amount of people who are working multiple jobs to account for the record inflation we are experiencing under Biden obviously skews the numbers.
Posted on 2/6/23 at 11:43 am to JohnnyKilroy
quote:
Labor participation rate higher now than at the end of Trump's term.
You mean forcing closure of businesses across the country and giving away money has a long term effect on employment numbers?
No way you’re serious, right?
Posted on 2/6/23 at 11:47 am to Grateful Reb
Wait, I’m starting to get the impression that people here don’t like the low unemployment rate because they don’t like Biden.
Do people here not like Biden or something? I didn’t realize this statistic was being politicized.
Do people here not like Biden or something? I didn’t realize this statistic was being politicized.
Posted on 2/6/23 at 11:47 am to Grateful Reb
there are so many people that take this a great thing... there is a reason and it is caused by the same people counting it as a win.....sigh.
This post was edited on 2/6/23 at 11:48 am
Posted on 2/6/23 at 11:49 am to Doctor Strangelove
Lowest rate, my arse. I know several folks who can't find a job. And of several companies that are in a hiring freeze due to the state of the economy.
Posted on 2/6/23 at 11:50 am to ob1pimpbobi
quote:
I know several folks who can't find a job.
What industry?
Posted on 2/6/23 at 11:50 am to Rand AlThor
quote:
Facts man.
When Trump did this "he's the best president ever, of course it's to be believed" ... Funny how that works
LOL. Groomers mocking facts. So typical of the left.
I've never seen a group of people that are so damn proud of being so damn stupid.
Posted on 2/6/23 at 11:51 am to Grateful Reb
Imagine believing this lol
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