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Thread: Unemployment Numbers

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    Unemployment Numbers

    The unemployment numbers have been very screwy lately. From December to January we lost over 2.5 million jobs and yet the unemployment rate went down. The reason is 1.5 million people dropped out of looking for a job and thus the unemployment rate went down. Then I see the raw numbers by the government for February and they show over a million new jobs created. So I expect the unemployment rate to drop. Lo and behold they stay the same. So I find statistics that state the reason why the unemployment rate did not drop is because almost a million people re-entered the job market in February. These additional people entering the job market hold the numbers down.


    So in January we lost 2.5 million jobs and the unemployment rate drops

    and in February we gained 1 million jobs and the unemployment rate stays the same.


    News from The Associated Press

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    Trumpaloompa Tormenter Cicero's Avatar
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    Quote Originally Posted by justoneman View Post
    The unemployment numbers have been very screwy lately. From December to January we lost over 2.5 million jobs and yet the unemployment rate went down. The reason is 1.5 million people dropped out of looking for a job and thus the unemployment rate went down. Then I see the raw numbers by the government for February and they show over a million new jobs created. So I expect the unemployment rate to drop. Lo and behold they stay the same. So I find statistics that state the reason why the unemployment rate did not drop is because almost a million people re-entered the job market in February. These additional people entering the job market hold the numbers down.


    So in January we lost 2.5 million jobs and the unemployment rate drops

    and in February we gained 1 million jobs and the unemployment rate stays the same.


    News from The Associated Press
    Because as the employment picture improves more people, who had abandoned looking for work, begin returning to the workforce and thus are being counted.
    But you keep up the (failed) attempt to make this issue into something it isn't.

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    Quote Originally Posted by Cicero View Post
    Because as the employment picture improves more people, who had abandoned looking for work, begin returning to the workforce and thus are being counted.
    But you keep up the (failed) attempt to make this issue into something it isn't.
    So as we add jobs the unemployment rate will go higher. Got it.

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    Quote Originally Posted by justoneman View Post
    The unemployment numbers have been very screwy lately. From December to January we lost over 2.5 million jobs and yet the unemployment rate went down. The reason is 1.5 million people dropped out of looking for a job and thus the unemployment rate went down. Then I see the raw numbers by the government for February and they show over a million new jobs created. So I expect the unemployment rate to drop. Lo and behold they stay the same. So I find statistics that state the reason why the unemployment rate did not drop is because almost a million people re-entered the job market in February. These additional people entering the job market hold the numbers down.


    So in January we lost 2.5 million jobs and the unemployment rate drops

    and in February we gained 1 million jobs and the unemployment rate stays the same.


    News from The Associated Press
    Hold your breath JOM, Obama caved in to the Republican tax break for the rich.
    The trickledown's a'comin!
    Just hold your horses!

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    Quote Originally Posted by justoneman View Post
    The unemployment numbers have been very screwy lately. From December to January we lost over 2.5 million jobs and yet the unemployment rate went down. The reason is 1.5 million people dropped out of looking for a job and thus the unemployment rate went down. Then I see the raw numbers by the government for February and they show over a million new jobs created. So I expect the unemployment rate to drop. Lo and behold they stay the same. So I find statistics that state the reason why the unemployment rate did not drop is because almost a million people re-entered the job market in February. These additional people entering the job market hold the numbers down.


    So in January we lost 2.5 million jobs and the unemployment rate drops

    and in February we gained 1 million jobs and the unemployment rate stays the same.


    News from The Associated Press
    you're right in the idea that those that drop out or come back into the job market do influence the unemployment rate.

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    Quote Originally Posted by Inkslinger View Post
    Hold your breath JOM, Obama caved in to the Republican tax break for the rich.
    The trickledown's a'comin!
    Just hold your horses!
    Tax break for the rich? What are you talking about? Obama caved into a slight extension of the Bush tax cut level for all people. There was no tax cut by Obama for anybody just a remaining tax level that already existed for all.

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    Veteran Member HenryPorter's Avatar
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    Quote Originally Posted by justoneman View Post
    Tax break for the rich? What are you talking about? Obama caved into a slight extension of the Bush tax cut level for all people. There was no tax cut by Obama for anybody just a remaining tax level that already existed for all.
    Which according to the infinately wise former President Bush, who left the country debt free, fully employed and at peace, should have expired in 2010.

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    Populist Rabblerouser Ronin Tetsuro's Avatar
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    Quote Originally Posted by Inkslinger View Post
    Hold your breath JOM, Obama caved in to the Republican tax break for the rich.
    The trickledown's a'comin!
    Just hold your horses!
    It will get here just in time for a Republican president to claim credit, of course.

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