Unemployment falls below 5%

[Pixelated Porn]

But I keep hearing from Trumpsters that America sucks. Those stats must be fake.

did you actually look at the fucking stats?
labor force participation is down and full time jobs are going down while part time increasing (can you say obamacare).


Then again, i just got three jobs last week and had to turn 2 down, but i am very skilled labor



The Democratic candidate, Hillary Clinton, by contrast, has emphasized the progress that President Obama made in digging the country out of the recession, pointing to the creation of roughly 15 million jobs since 2010.
^
Just to remind Hillary voters
http://www.investors.com/politics/e...e-for-failing-to-create-economic-growth-jobs/
Sorry, This Is Still The Worst Economic Recovery Ever <--about Obama's recovery

PS - funny how the fracking industry obama is so against is mainly responsible for any boost in jobs

But @colby25 has a friend who was a former town master that can't get a job with 30 years experience.

Therefore Obama is a loser Antichrist/Kenyan/Muslim/Atheist/Socialist/Hindu.

don't know about that, but he is the worst president ever with a verified worst recovery ever and is leaving the white house with the country more divided it has been since the civil war

but the dumb shit you said almost makes sense....

 

[freaky]

People have jobs but they are minimum wage McDonald jobs. That's why they want to increase the wage.

The problem is not wage or jobs. The problem is uneducated leechers. You have leechers who "quit" finding a job and leech off of welware. Then you have uneducated 40 yr olds working at McDonald or Walmart crying about wages and other crap.

Then you also have these new IT/web developers raising the prices everywhere.
Now you have people working 2-3 jobs and still crying about no jobs.

Increasing the minimal wage is not going to help because it will only increase the cost of living even higher. Only the uneducated wants to create minimal wage and the politicians are exploiting these uneducated fools by saying what they want to hear.

My city increased it's minimum wage and everything else increased as well. The same people crying about not affording anything still can't afford anything. They need to find a real job. And it's also screwing other people over with a real job like me. Everything else increased but my not minimum wage job is not increasing. My boss have no obligation to increase my wage but the price of living increased. So the minimum wage people didn't improve while people like me have to suffer for their ignorance. So who wins in the end? Still the big corporations.

 

[Lord Commander Palis]

Bullshit, let's make America recess again. Recess is good, it's good for the kids. Didn't you love recess? I loved recess. America will be fun and it will be great. And the kids are gonna love the factories.

Still waiting for the joke.

 

[Fawlty]

Still waiting for the joke.

Not surprised that you think putting kids to work in the old factories is a serious proposal. That seems right in your wheelhouse.

 

[lfd0311]

Then there's people like you who fail to mention that unemployment was at 10% when BO took office. It's now below 5%, but I'm sure the steady decline in the unemployment rate can be attributed to the holidays.

And then there are guys like you who fail to take into consideration that if you've been out of work for so long, for some reason, they stop counting you in the "unemployed" category. You stop factoring into the labor force. This is called the Labor Force Participation Rate. According to the Bureau of Labor Statistics, which is the Federal body in charge of keeping and maintaining those statistics, the number of Americans who just flat out aren't participating in the Labor Force anymore has risen by 14 MILLION people since 2008, while the Labor Participation Rate, the percentage of your population that is either actively employed or actively seeking employment has dropped almost 4 full percentage points since October of 2008 to 62.8%, which has only been beaten a few times. It's only been lower than that a few months last year, earlier this year, and all the way back to December of 1954 when it got all the way down to 58.1%. But tell me some more about how it's below 5% without understanding how it got to be there. It got to be there because they just flat stopped counting some 14 million people who don't have jobs and have given up hope of finding one. It isn't because of some innovative new job creating policies on Obama's part.

http://data.bls.gov/timeseries/LNS15000000

http://data.bls.gov/timeseries/LNS11300000

 

[Lord Commander Palis]

Not surprised that you think putting kids to work in the old factories is a serious proposal. That seems right in your wheelhouse.

Still waiting on that joke... on that punchline! No laugh track at least?

 

[Lord Commander Palis]

Good job to Obama for saving the economy by boosting temporary and minimum wage jobs to inflate the stats!!

GOAT POTUS!! 4 MORE YEARS 4 MORE YEARS!!

 

[lfd0311]

I can't believe how deluded some people have become, to the point where they can't accept any news which doesn't fit their distorted view of the US... even if the news is easily verifiable.

Maybe you should read my comment, complete with the BLS statistics to back it up, that shows it isn't anywhere near 4%. If you could put forth just a little bit more dishonest "facts" that would be great.

 

[colby25]

But @colby25 has a friend who was a former town master that can't get a job with 30 years experience.

Therefore Obama is a loser Antichrist/Kenyan/Muslim/Atheist/Socialist/Hindu.

You're mistaken... I said 'town manager' not 'town master'.

 

[KONG-D'SNT-TAP]

But I keep hearing from Trumpsters that America sucks. Those stats must be fake.

The republicans would've done more for the economic recovery. What are stupid or something.

You know all those amazing plans they detailed over the last 8 years of Obamas presidency. Oh wait that never happened either.

 

[mrbaapt]

don't know about that, but he is the worst president ever with a verified worst recovery ever and is leaving the white house with the country more divided it has been since the civil war

Wrong on all statements. How long does reality need to exist before you let go of your conservative conjecture?

 

[mrbaapt]

You're mistaken... I said 'town manager' not 'town master'.

Thanks for the correction.

 

[Fatchops]

Wrong on all statements. How long does reality need to exist before you let go of your conservative conjecture?

Yeah, but....Obama is a dirty muslim! It 'feels' like America is circling the drain so we need Trump to save us!

 

[colby25]

Thanks for the correction.

No problem bruh.

 

[MeatheadMike]

Maybe you should read my comment, complete with the BLS statistics to back it up, that shows it isn't anywhere near 4%. If you could put forth just a little bit more dishonest "facts" that would be great.

Maybe you should read post #33

Also, if you could be just a little bit less of a douche that would be great.

 

[PolishHeadlock]

Maybe you should read my comment, complete with the BLS statistics to back it up, that shows it isn't anywhere near 4%. If you could put forth just a little bit more dishonest "facts" that would be great.

This was also in the OP

 

[lfd0311]

Maybe you should read post #33

Also, if you could be just a little bit less of a douche that would be great.

LOL, you're the dude bragging about the fact that 14 million people over 8 years leaving the Labor Force, and a 4 point reduction in the percentage of the total population participating in that same labor force (second lowest rate in American history, P.S.) has managed to reduce the unemployment rate a whole 5% from what it was 8 years ago with 14 million more participants participating at a higher rate...... and I'M the one whose shifting goal posts? You couldn't have typed that with a straight face.

 

[lfd0311]

This was also in the OP

So why are you acting like that is a good thing? Do you not understand what that means, or do you not care?

 

[Jack V Savage]

The republicans would've done more for the economic recovery. What are stupid or something.

You know all those amazing plans they detailed over the last 8 years of Obamas presidency. Oh wait that never happened either.

Yeah, that was one of the most frustrating things. They had no plausible plan. Just "let things get worse so that they'll magically recover faster," which has been long since discredited.

People have jobs but they are minimum wage McDonald jobs. That's why they want to increase the wage.

Monthly median wage growth was the fastest since 1973, right? Median weekly wages are $834 (>$43K annually). What's the percentage of MW jobs as a percentage of the total now? How does it compare to normal?

 

[PolishHeadlock]

So why are you acting like that is a good thing? Do you not understand what that means, or do you not care?

What's happening that's bad with these trends

LABOR FORCE DATA:

The number of people in the labor force decreased by 195k, to 159.7 million.
The overall labor participation rate ticked down 0.1 point to 62.8%.

The number of people not in the labor force, but who want a job, decreased by 176k, to 5.91 million.

The number of people not in the labor force, but who want and are available to work and have looked for a job in the last year, decreased 144k to 1.70 million.

The number of people not counted as unemployed because they dropped out of the workforce decreased by 66k, to 487k.