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(CNBC)   Experts expected an increase of 206,000 jobs in March and for the unemployment rate to stay at 8.3%. The rate dropped to 8.2% with 120,000 jobs added. Exactly what kind of experts are they, again?   (cnbc.com) divider line 240
    More: Stupid, unemployment  
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1576 clicks; posted to Business » on 06 Apr 2012 at 5:05 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-06 02:53:10 PM
When it comes to this administration reporting unemployment, who believes anything they say?
 
2012-04-06 03:14:38 PM
more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.
 
2012-04-06 03:15:45 PM
discouraged workers re-entering the work force. that's why u6 dropped so much. this is a good thing.
 
2012-04-06 03:16:22 PM

EnviroDude: When it comes to this administration reporting unemployment, who believes anything they say?


So you're saying the unemployment is really over 10% where Bush left it?
 
2012-04-06 03:23:32 PM
So the economy ISN'T collapsing?
 
2012-04-06 03:30:48 PM

James!: So the economy ISN'T collapsing?


despite republicans' best efforts, no.
 
2012-04-06 03:50:59 PM

FlashHarry: James!: So the economy ISN'T collapsing?

despite republicans' best efforts, no.


What I'm seeing here is a shaky but consistent recovery. I don't really think we want to change horses in midstream.
 
2012-04-06 04:14:09 PM
If the forecasting analysts for the big firms were as good at predicting the future as everyone seems to think they are, they wouldn't be just analysts.
 
2012-04-06 04:27:45 PM

SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.


[Citation needed]
 
2012-04-06 04:35:04 PM

James!: FlashHarry: James!: So the economy ISN'T collapsing?

despite republicans' best efforts, no.

What I'm seeing here is a shaky but consistent recovery. I don't really think we want to change horses in midstream.


agreed. 25 consecutive months of private-sector job growth. and private sector is best sector!
 
2012-04-06 04:36:22 PM

foo monkey: [Citation needed]


This thought process is a stub. If you would like to expand this thought process... good luck.
 
2012-04-06 04:40:01 PM
*smashing everything*
Y U NO FIX THIS YET
 
2012-04-06 05:05:52 PM
To keep up with population growth, the economy needs to add 127,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards.
 
2012-04-06 05:08:25 PM

SkinnyHead: To keep up with population growth, the economy needs to add 127,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards.


Good luck putting that on a bumper sticker.
 
2012-04-06 05:10:02 PM
Obviously we need to cut more taxes to the rich Job Creators blessed be their name.
 
2012-04-06 05:10:40 PM
SkinnyHead

To keep up with population growth and to reduce the unemployment figure, the economy needs to add 127,000 280,000 to 350,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards


FIFY Big time.
 
2012-04-06 05:11:23 PM

foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]


Link (new window)
 
2012-04-06 05:11:46 PM

James!: FlashHarry: James!: So the economy ISN'T collapsing?

despite republicans' best efforts, no.

What I'm seeing here is a shaky but consistent recovery. I don't really think we want to change horses in midstream.


Unless yer talking about the Democrats regaining the house in which case yeah, that would help.
 
2012-04-06 05:12:40 PM

James!: So the economy ISN'T collapsing?


According to enviroalt and skinnytroll, it's improving so badly and so many people are not unemployed, we can expect the economy to collapse any day now.
 
2012-04-06 05:13:08 PM
Maybe unemployment stats and the number of jobs simply have no correlation anymore.
 
2012-04-06 05:13:25 PM

EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)


A blog?
 
2012-04-06 05:13:56 PM

FlashHarry: discouraged workers re-entering the work force. that's why u6 dropped so much. this is a good thing.


www.zerohedge.com
 
2012-04-06 05:15:20 PM

Gyrfalcon: James!: So the economy ISN'T collapsing?

According to enviroalt and skinnytroll, it's improving so badly and so many people are not unemployed, we can expect the economy to collapse any day now.


So, to translate a bit more.

"Why don't you agree the sky is falling???!?"
 
2012-04-06 05:16:34 PM
Don't worry, GOP. I'm sure the economy will collapse in October, and then all the voters will call you up and tell you how sorry they are, how they've been a fool, and invite you to the Winter Dance.
 
2012-04-06 05:17:57 PM
Run Derp.bat

Insert: Fact
Query: Does it help obama? (Parameter: Y/N)
Outcome: Y = Not fact
Outcome: N = Fact

It's that basic people.
 
2012-04-06 05:19:03 PM

James!: SkinnyHead: To keep up with population growth, the economy needs to add 127,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards.

Good luck putting that on a bumper sticker.


People don't need bumper stickers to know that they're suffering out there. They remember how Obama promised to keep unemployment under 8 percent if we passed his stimulus plan. That didn't happen. And they remember how Obama promised them a summer of recovery. That's been postponed for several years now. People are tired of all this hoping and changing. They're ready for a new president to restore the economy.
 
2012-04-06 05:20:26 PM

SkinnyHead: James!: SkinnyHead: To keep up with population growth, the economy needs to add 127,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards.

Good luck putting that on a bumper sticker.

People don't need bumper stickers to know that they're suffering out there. They remember how Obama promised to keep unemployment under 8 percent if we passed his stimulus plan. That didn't happen. And they remember how Obama promised them a summer of recovery. That's been postponed for several years now. People are tired of all this hoping and changing. They're ready for a new president to restore the economy.


Oh yeah, President Romney will turn this economy around.

/rolls eyes
//after giving a few more tax breaks to his rich buddies of course
 
2012-04-06 05:20:53 PM
i.imgur.com
 
2012-04-06 05:21:26 PM

Bag of Hammers: Run Derp.bat

Insert: Fact
Query: Does it help obama? (Parameter: Y/N)
Outcome: Y = Not fact
Outcome: N = Fact

It's that basic people.


That isn't basic, basic starts with a 10
 
2012-04-06 05:21:41 PM

SkinnyHead: They remember how Obama promised to keep unemployment under 8 percent if we passed his stimulus plan.


No I don't. Please find the Obama quote on this.
 
2012-04-06 05:22:29 PM
Fartbongo made five billion people leave the workforce, that's how. Best part...forever.
 
2012-04-06 05:23:12 PM

Starving Zimbabwe Trillionaire: [i.imgur.com image 483x291]


Nice intentionally misleading graph. It definitely wouldn't be fair to use 2009 which was the first year of Obama's presidency when you tried to compare it to Reagan huh?
 
2012-04-06 05:23:50 PM

Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?


Better? (new window)
 
2012-04-06 05:24:02 PM

DrippinBalls: SkinnyHead

To keep up with population growth and to reduce the unemployment figure, the economy needs to add 127,000 280,000 to 350,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards

FIFY Big time.



it's absolutely retarded that when the biggest generation ever is in the midst of retiring, and we have a birthrate among the indigenous population (citizens) that creates a replacement rate among the population that is right at zero, that our economy actually has to add 3.4 to 4.2 million jobs a year just to keep unemployment from going up because of our f*cked up immigration policies.

this country is fated to become a neo fuedal society because literally every policy is designed to enrich the 1% while reducing wages of everyone else. our immigration policy is the biggest culprit. enjoy your neoserfdom america, most of literally are asking for it.


In 2006 the United States accepted more legal immigrants as permanent residents than all other countries in the world combined.[1] After ethnic quotas on immigration were removed in 1965[2] the number of actual (first-generation) immigrants living in the United States eventually quadrupled,[3] from 9.6 million in 1970 to about 38 million in 2007.[4]

http://en.wikipedia.org/wiki/Immigration_to_the_United_States
 
2012-04-06 05:25:26 PM

EWreckedSean: Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?

Better? (new window)


Yes it is. But isn't that because more of the Baby Boomers are retiring?

I don't know how you can blame Obama for that.
 
2012-04-06 05:25:39 PM
If Obama is reelected, he's going to leave the USA the way he left his congressional district in Chicago. Look it up, chumps.
 
2012-04-06 05:27:04 PM

Mrtraveler01: EWreckedSean: Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?

Better? (new window)

Yes it is. But isn't that because more of the Baby Boomers are retiring?

I don't know how you can blame Obama for that.


It's his fault he didn't go back in his magic time machine and make them younger sooner!
 
2012-04-06 05:27:26 PM

FlashHarry: discouraged workers re-entering the work force. that's why u6 dropped so much. this is a good thing.


Not that I agree with the the conservative pile on, but the unemployment rate goes down despite disappointing job numbers because of people leaving the workforce, not reentering. So the opposite phenomenon of what you said.
 
2012-04-06 05:27:34 PM

Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?


That's the blog that couldn't understand how population numbers can shift based on new census data.
 
2012-04-06 05:29:04 PM

SkinnyHead: To keep up with population growth, the economy needs to add 127,000 jobs every month. If there were only 120,000 jobs added last month, that's not keeping up. That's going backwards.


Repeated for emphasis.
 
2012-04-06 05:29:22 PM

Agneska: If Obama is reelected, he's going to leave the USA the way he left his congressional district in Chicago. Look it up, chumps.


Gentrified and populated by gays?

At least my real estate values will go up.
 
2012-04-06 05:31:08 PM

rnld: No I don't. Please find the Obama quote on this.


The paper that predicted that was written by Christina Romer and Jared Bernstein. Romer was thereafter shortly hired as the head of Obama's council of economic advisers, and Bernstein went on to become the chief economist and economic policy advisor for Biden.

So yeah, it's pretty safe to say that even if Obama never actually uttered those words himself (and he may have, I dunno for sure), it's pretty obvious that he was pushing the "unemployment under 8% if you pass my stimulus bill" canard.
 
2012-04-06 05:31:41 PM

Mrtraveler01: EWreckedSean: Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?

Better? (new window)

Yes it is. But isn't that because more of the Baby Boomers are retiring?

I don't know how you can blame Obama for that.


When did I blame anybody? I just gave him the source he asked for.
 
2012-04-06 05:33:07 PM
They almost always "better than economists predicted" or "worse than economists predicted"... economists tend to suck at predictions since it never seems to be what they predicted...
 
2012-04-06 05:33:27 PM
relcec
it's absolutely retarded that when the biggest generation ever is in the midst of retiring, and we have a birthrate among the indigenous population (citizens) that creates a replacement rate among the population that is right at zero, that our economy actually has to add 3.4 to 4.2 million jobs a year just to keep unemployment from going up because of our f*cked up immigration policies.

this country is fated to become a neo fuedal society because literally every policy is designed to enrich the 1% while reducing wages of everyone else. our immigration policy is the biggest culprit. enjoy your neoserfdom america, most of literally are asking for it.


In 2006 the United States accepted more legal immigrants as permanent residents than all other countries in the world combined.[1] After ethnic quotas on immigration were removed in 1965[2] the number of actual (first-generation) immigrants living in the United States eventually quadrupled,[3] from 9.6 million in 1970 to about 38 million in 2007.[4]


STFU, get to work and pay more taxes.
 
2012-04-06 05:33:28 PM

EWreckedSean: Mrtraveler01: EWreckedSean: Mrtraveler01: EWreckedSean: foo monkey: SlothB77: more people removed the labor pool. by the time they are done, the labor pool will consist only of people employed.

[Citation needed]

Link (new window)

A blog?

Better? (new window)

Yes it is. But isn't that because more of the Baby Boomers are retiring?

I don't know how you can blame Obama for that.

When did I blame anybody? I just gave him the source he asked for.


Fair enough. But people who are saying that this is proof that Obama's manipulating the numbers or something else similarly nonsensical has no clue how numbers work.
 
2012-04-06 05:34:22 PM
Sour grapes pity-party for the republitards in here.
 
2012-04-06 05:34:53 PM

Why Would I Read the Article: rnld: No I don't. Please find the Obama quote on this.

The paper that predicted that was written by Christina Romer and Jared Bernstein. Romer was thereafter shortly hired as the head of Obama's council of economic advisers, and Bernstein went on to become the chief economist and economic policy advisor for Biden.

So yeah, it's pretty safe to say that even if Obama never actually uttered those words himself (and he may have, I dunno for sure), it's pretty obvious that he was pushing the "unemployment under 8% if you pass my stimulus bill" canard.


Didn't economic experts also say that unemployment would be even higher than it was if we didn't pass the stimulus?
 
2012-04-06 05:35:30 PM

rnld: SkinnyHead: They remember how Obama promised to keep unemployment under 8 percent if we passed his stimulus plan.

No I don't. Please find the Obama quote on this.


Sure you do. Don't you remember that stimulus graph the Obama used to sell his stimulus plan? Obama's graph promised us an unemployment rate of 6% by 2012. That's way off.
 
2012-04-06 05:35:50 PM

Why Would I Read the Article: rnld: No I don't. Please find the Obama quote on this.

The paper that predicted that was written by Christina Romer and Jared Bernstein. Romer was thereafter shortly hired as the head of Obama's council of economic advisers, and Bernstein went on to become the chief economist and economic policy advisor for Biden.

So yeah, it's pretty safe to say that even if Obama never actually uttered those words himself (and he may have, I dunno for sure), it's pretty obvious that he was pushing the "unemployment under 8% if you pass my stimulus bill" canard.


Bush left office Jan 20th 2009. By Feb '09 the unemployment rate was already 8.1%
 
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