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Thread: Sweden's economic growth is 'crazy strong': analysts

  1. #41
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    Quote Originally Posted by labrea View Post
    Sweden must measure unemployment differently that the US because their labor force participation rate is significantly higher than that of the US.
    One thought doesn't follow the other. The OECD defines labor force participation correclty by the way: https://data.oecd.org/emp/labour-for...ation-rate.htm , makes sense its the percentage of the working age population working. The US does NOT do that, the US measures labor force participation as the percent of the 'civilian noninstitutional population' to be in the labor (employer or unemployed). The civilian noninstitutional population of course includes those 16 and who aren't inmates, but it does not specifically exclude the retiree population until they are in a nursing home or long term care fscility.

    "Civilian noninstitutional population (Current Population Survey)
    Included are persons 16 years of age and older residing in the 50 states and the District of Columbia who do not live in institutions (for example, correctional facilities, long-term care hospitals, and nursing homes) and who are not on active duty in the Armed Forces." - BLS website
    Last edited by publius3; 29th July 2017 at 10:22 AM.

  2. #42
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    Quote Originally Posted by Libertine View Post
    If Swedens 2nd quarter 1.7% growth is crazy strong, what's the 2.6% growth of the Trumpconomy?
    That is the annualized figure. For the quarter it was 1.4%. There's them apples and then there's them watermelons.

    Second-quarter U.S. GDP speeds up to 2.6% - MarketWatch
    Thanks from labrea and KnotaFrayed

  3. #43
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    Quote Originally Posted by OldGaffer View Post
    Fucking math, it always has a liberal bias.....
    Facts too.

  4. #44
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    Quote Originally Posted by KnotaFrayed View Post
    [B]"The US economy advanced an annualized 2.6 percent on quarter in the second quarter of 2017, following a downwardly revised 1.2 percent expansion in the previous period, matching market expectations, an advance estimate showed. The improvement was boosted by strong consumer spending and a rebound in government consumption while exports slowed and housing investment shrank."[/B

    What does the word "ANNUALIZED" mean to you?
    Sounds like we have increased government spending to thank for part of GDP growth.
    Thanks from KnotaFrayed

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    Quote Originally Posted by publius3 View Post
    One thought doesn't follow the other. The OECD defines labor force participation correclty by the way: https://data.oecd.org/emp/labour-for...ation-rate.htm , makes sense its the percentage of the working age population working. The US does NOT do that, the US measures labor force participation as the percent of the 'civilian noninstitutional population' to be in the labor (employer or unemployed). The civilian noninstitutional population of course includes those 16 and who aren't inmates, but it does not specifically exclude the retiree population until they are in a nursing home or long term care fscility.

    "Civilian noninstitutional population (Current Population Survey)
    Included are persons 16 years of age and older residing in the 50 states and the District of Columbia who do not live in institutions (for example, correctional facilities, long-term care hospitals, and nursing homes) and who are not on active duty in the Armed Forces." - BLS website
    So does the site that listed both for the us and Sweden use the same criteria?

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    Quote Originally Posted by labrea View Post
    So does the site that listed both for the us and Sweden use the same criteria?
    No, it doesn't and tradingeconomics is itself just a data scraper, which is fine, it is what it is but they're not even picking up on the correct Swedish unemployment rate.

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    Quote Originally Posted by Libertine View Post
    If Swedens 2nd quarter 1.7% growth is crazy strong, what's the 2.6% growth of the Trumpconomy?
    You know...obama caused that.

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    Quote Originally Posted by mtm1963 View Post
    believing in this........................... Sweden's economic growth is 'crazy strong': analysts

    its not crazy strong compared to the US. an average growth rate over the last 4 quarters is 1% per quarter in Sweden adding up to the 4%. I would consider that very poor as compared to the US.
    Sweden will need some serious economic growth to help pay for the refugee costs which are high.

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    Quote Originally Posted by DebateDrone View Post
    It was shown time over time in another GDP thread that US GDP numbers has not one damn thing to do with Trump.

    Trump supporters are so desperate to nail any good news to Trump.

    There are no cited indication that anything Trump has done to date had anything to do with US GDP numbers.

    Trump has as much to do with US's GDP numbers as he does with Sweden's.
    Companies grow and decline in spite of government.

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    All the Nordics do well because they all have fantastic educational options, are socialist democracies, take great mandatory vacations, speak several languages, have the full support of their government and basically reject the system we have in favor of a more enlightened reality.

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