Unemployment falls below 5%

[PolishHeadlock]

My state has a better rate then the national average. My mother who is college educated, and held steady employment for over 35 years, has been out of work for over a year. She works at Goodwill for free, because she doesn't want to have a year of unemployment on her resume. She is taking classes to update her skills, and fills out multiple applications everyday for over a year now. She is taking seasonal work at a local department store, because she can't find a job anywhere.

You can tell me all day long that the economy is improving, but all of us that live in the real world, know that is utter BS, and propaganda.

And yet everyone I know is gainfully employed.

 

[PolishHeadlock]

It's only a matter of time now until @PolishHeadlock is officially confirmed by the WR as a liberal shill

I might have to change my AV to my heroes Nixon and Kissinger

 

[Jack V Savage]

This deserves a repost. Whether you're talking about something like unemployment or deportations, this administration has been very good at manipulating the numbers to sell a narrative.

Interesting how you've gone full CT. Your degeneration mirrors that of dontsnitch.

It's only a matter of time now until @PolishHeadlock is officially confirmed by the WR as a liberal shill

I've said it before, but it's impossible to be a decent person who looks shit up and isn't a CTer without getting those kinds of accusations. Doesn't matter what your actual beliefs are.

 

[Unsurprised Diaz]

Just curious, do a lot of people believe these unemployment stats and that the economy is recovering?

 

[DangDaGawd]

Just curious, do a lot of people believe these unemployment stats and that the economy is recovering?

For people who have bothered to develop marketable skills, it most definitely has. There's absolutely no denying it.

 

[spiderguarda]

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



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....

Your arguments are faulty. You conveniently forgot that the US financial firms including a small division within AIG with US pro-home ownership by the US government lead to massive over leveraged firms where Hank Paulson went to Congress and pretty much asked for a blank check which he was given one. He then turned around to the financial firms and told them what they needed to do or else.

Structural unemployment has been caused by outsourcing of manufacturing jobs and white collar jobs like IT.

Obama bailed out the auto industry because the argument was that the subcontractors the big ones demand on will also go out of business. Ford CEO went to Congress and pleaded for an auto bailout though by sheer luck, Ford had done some refinancing which allowed them not to suffer like it's competitors. But his argument was that Ford also depended on this subcontractors.

The country is not more divided because of Obama but a continuation of what resulted in the Reagan Democrats. Predominately white men fed up with whatever grievances they have valid or not.

What happened to the so called death panels that Obamacare would bring? Those were the same slogans when Hillary tried to craft healthcare reform in seclusion to prevent lobbyists from trying to alter any drafts in their favor. Not a peep from the Congressional Republicans.

When Obama criticized the BLM movement for not being more constructive and affecting any meaningful change, the right wing said nothing.

Liberals criticize him for not closing Guantanamo, increasing drone strikes, approved the surge in Afghanistan as the military requested, but he's the cause of a divided America? Not at all. It's the American populace of white vs black, male vs female, a global economy that the US populace can't escape from. Great Britain's Brexit is strikingly similar to what's going on in the US and not surprisingly, even Trump tried to capitalize on the Brexit.

Can you actually state any specific policy that Obama has caused increased division and between whom? May I presume white vs blacks and white males vs minorities? We saw this with Nixon's Silent Majority which was a code word for whites that felt blacks were receiving preferential treatment via affirmative action which many would agree actually wound up helping white females while hurting Asian Americans in college admission and certain industries.

There's great consensus that the President can't do much about the economic fortunes. Are you going to then give credit to Bill Clinton for the economic recovery and boom under his two term presidency then and ridicule Bush Sr?

Obama actually put much of his political capital in getting what all politicians will say which is healthcare reform and he delivered on it. It's not perfect and poor to its critics but give credit where it's due.

If you're very skilled labor but somehow it's Obamas fault for stopping automation reducing manual labor and resulting loss in low-skilled jobs?

 

[spiderguarda]

Did you read the links I posted directly from the BLS? "decreased" as in the Labor Force has shrunk. The sections you've highlighted doesn't mean those people got jobs. It means they've stopped looking for work and have dropped out of the labor force all together. If you have a job, you're in the Labor Force. If you don't have a job and are looking for work, you're counted in the Labor Force. if you're neither of those things, you aren't counted at all. The last section you highlighted is a prime example of how this affects the unemployment rating.

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

Again, this doesn't mean they got jobs. This simply means they stopped counting them against the unemployment rate. You knock 66 thousand people off of anything it's going to raise your numbers. You do this in large chunks, every single month over an 8 year period, you can significantly lower your percentage point numbers without doing anything, then brag about it like it was some sort of achomplishment, which is exactly what the Obama administration is doing.

Simple question: Is the economy better now than when we had the financial crisis? Structural economic job losses can be argued and attributed to automation and global outsourcing. To argue over interpretations of labor participation to gain political points is trivial and irrelevant.

If you're annoyed by political misinterpretation of labor statistics, I can see your point but I believe that's not the case. Why bother posting and wasting your time then? Go start a company or run for public office.

 

[ehtheist]

Interesting how you've gone full CT. Your degeneration mirrors that of dontsnitch.

Oh my, I'm getting to be as bad as @dontsnitch ? Jack, you wound me!

 

[Dalarna3]

$25 an hour average wage? Holy fuck. Where are those jobs? Underemployment is the problem and the growth of the 1%. Don't drink the kool-aid about everything being fine.

 

[Contra-dictator]

Probably.

Seano, master of the elegant response.

 

[dontsnitch]

Oh my, I'm getting to be as bad as @dontsnitch ? Jack, you wound me!

Yeah, I'm all sorts of torn up that some Liberal troll on the internet doesn't like me.

 

[Abezal]

that 5% is nearly 16 million people, fuck that's a lot.

Full time decreasing and part time increasing, not a great sign.

 

[Jack V Savage]

Oh my, I'm getting to be as bad as @dontsnitch ? Jack, you wound me!

Do you want to expand on your CT? How do you think Obama is pulling this off? This should be good.

 

[ehtheist]

Do you want to expand on your CT? How do you think Obama is pulling this off? This should be good.

What's a CT?

 

[Jack V Savage]

What's a CT?

You said the administration is "manipulating the numbers to sell a narrative" because employment stats are showing a tight labor market. How are they pulling this off? Bribing people who work at the BLS to fake stats or what?

I know you're not really dumb enough to believe what you're saying, and you just say that stuff to show your affinity with the real crazies (like the aforementioned Mr. Snitch). But I want to see how low you'll really go.

 

[mrbaapt]

he left the country as divided as it has been since the civil war

^This statement is false.

Bush had an approval rating of (20%) which is lower than Nixon who resigned.

Obama's approval rating is over 50% today, sure does not sound like a country divided to me if half the country approves of his leadership.

 

[Jack V Savage]

^This statement is false.

Bush had an approval rating (20%) lower than Nixon who resigned.

Obama's approval rating is over 50% today, sure does not sound like a country divided to me if half the country approves of his leadership.

Right-wing trolls feel like crying = "the country is divided." The guy can't just say, "it breaks my heart that he's the president," has to make it some kind of objective issue.

 

[mrbaapt]

^ you will note that overall bush had better unemployment rate

The magnitude is less important than the trend. The graphs are literally inverses of each other. The one on the right is better in every possible way.

 

[Cuauhtemoc]

I keep hearing that unemployment is 5%, the problem with this is anyone who knows a thing about economics knows 5% is basically Full Employment because there will always been a portion of the population that are in between jobs and including seasonal employment. So if we are already at full employment, why are the democrats still telling us that we need to create jobs? According to your numbers we are already at full employment. The idea that unemployment is only 5% is bullshit because if that were true, democrats wouldn't be going to battleground states across the country and telling them that they need to be bring jobs back to their states knowing the fact the Americans are hurting alot more than they are telling you.

I believe politicians want these lazy fucks to also get jobs. If jobs were even easier to get maybe even some of these that gave up would get employed again. Maybe.
Also create higher paying jobs, which is talked about in the article.
Of course that doesn't involve just creating jobs but providing better training and education and encouraging people to work.
All politicians, everywhere in the world will claim they want more jobs.

 

[Jack V Savage]

I believe politicians want these lazy fucks to also get jobs. If jobs were even easier to get maybe even some of these that gave up would get employed again. Maybe.

That's been happening. The "discouraged workers" number has fallen way off from its peak.

Also create higher paying jobs, which is talked about in the article.
Of course that doesn't involve just creating jobs but providing better training and education and encouraging people to work.
All politicians, everywhere in the world will claim they want more jobs.

You can't raise median wages unless you increase overall productivity or close the gap between the median and the mean. In the very long run, encouraging more education can increase productivity, I guess. It's not something that really shows up, though. And in America, we don't have a problem with people not wanting to work. The rising wages and low quit rates suggest that we're getting close to full employment, but inflation numbers suggest that we don't have a labor shortage.