If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Hot Air)   You know how unemployment dipped to 7.8%. There's just one problem with that number. Hint: Don't use fuzzy math and People who give up looking for a job and leave unemployment is not the same as people getting jobs   (hotair.com) divider line 594
    More: Followup, CNBC, Chris Cuomo, warehousing, bright spot, Bureau of Labor Statistics  
•       •       •

9103 clicks; posted to Main » on 05 Oct 2012 at 3:00 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



594 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | » | Last | Show all
 
2012-10-05 03:06:59 PM

Dusk-You-n-Me: [pbs.twimg.com image 580x415]

[i.imgur.com image 380x179]


mrshowrules: MeinRS6: These numbers will have the ever-livin'-shiat revised out of them in Nov.

The lies from the Obama admin pile up so high so fast, you need a helicopter to stay above it.

Did someone say helicopter?

[doomsdayind.files.wordpress.com image 300x268]

Do you think Fartbongo is going to tell them to drop the U3 again before the last jobs report before the election?


i0.kym-cdn.com
 
2012-10-05 03:07:10 PM

bulldg4life: Hey, I know, let's start comparing U3 and U6 and get really mad that nobody is reporting the REAL numbers


No, they can't even get them to release the transcripts, let alone the real numbers. And unions are killing this country.

*tries to keep a straight face*
 
2012-10-05 03:07:30 PM

NateGrey: Nabb1: Lurking Fear: Huh, because these same methods and numbers work just fine during republican administrations. I wonder what could possibly be different...

From what I recall of the politics threads from 2004, those methods and numbers did not work fine at all for the left leaning folks, many of whom rebuked the calculations with these same arguments in this article, but were perfectly okay for Bush supporters. Funny how things change, isn't it?

Deep thoughts from a Fark Independent.


Deep thoughts are probably a completely foreign concept to anyone who uses that term.
 
2012-10-05 03:07:37 PM

sprawl15: Noted conservatroll Jackson Herring scared out of yet another Fark thread!


Isn't it funny though, how things maybe change?
 
2012-10-05 03:08:48 PM

Aarontology: So way to take advantage of Romney's performance guys. His momentum lasted a whole day.


Mittmentum!

harfobama.files.wordpress.com
 
2012-10-05 03:08:55 PM

DamnYankees: The only way to ever make sense of these numbers is to use consistent parameters. As long as this is the system we use to judge these numbers, its the system we use. We need to accept that.


Yeah, this. The employment figures have gone up and down so much due to different metrics over the last ten years, the only thing we can be sure of is that some people are unemployed.

Pick a system and stick with it, even if it makes you look back, ffs!
 
2012-10-05 03:09:01 PM
"You have to calculate the unemployment numbers diff'rently for nigrahs 'cause they isn't like white presidents"

Best if done in a Strother Martin voice...
 
2012-10-05 03:09:38 PM
Hint: The very same thing was said under Reagan, Bush, Carter, and Bush.
 
2012-10-05 03:10:37 PM
Methodology was never questioned when it suited their narrative. In fact, it was farking gospel truth proving that Fartnambla was farting away all the jobs.
 
2012-10-05 03:10:38 PM
Unemployment under Romney is 47%.
 
2012-10-05 03:11:48 PM

Aarontology: The conservatives are doing it wrong.

Their whining about the jobs report is drowning out the liberals whining about the debate, thus eliminating any real boost Romney had and turning the national dialogue to the unemployment numbers dropping below 8%

So way to take advantage of Romney's performance guys. His momentum lasted a whole day.


Going by past performance* we can expect Romney to start talking about his tax rate again tomorrow.

Past performance is not a guarantee of future gains. The value of your investment may go down as well as up.
 
2012-10-05 03:12:09 PM
U3, U4 and U5 all improved by 0.3%. U6 Stayed flat at 14%. That implies that more people are employed, but the net improvement in employment comes from part-time workers who would like to have a full-time job (methodology difference between U5 and U6). All in all, good news, but it could be better.
 
2012-10-05 03:12:13 PM

lilbjorn: Unemployment under Romney is 47%.


That made me snort embarrassingly loud.
 
2012-10-05 03:12:31 PM
Since we are telling stories to refute unemployment figures, I will add my own. I do not know a single person that is unemployed. I have many friends and my dad actively hires people at his company. I sell mortgages all day erryyday. We aren't cancelling loans because someone lost their job... It is quite the opposite, I'm seeing a trend of people switching companies where they are getting more pay. At this point it is easy to say that the unemployed are that way not because there are no jobs it is because they aren't looking hard enough. Compare this to 4 years ago when the sky was falling.
I'm on the ground floor of this rebound and I my wallet is loving every minute of it
 
2012-10-05 03:13:00 PM

downstairs: Someone who's true value is, say, $100,000/year making $25k...


Pssst ... you don't get to decide what your "true value" is. The market does.
 
2012-10-05 03:13:04 PM

HotWingConspiracy: Methodology was never questioned when it suited their narrative. In fact, it was farking gospel truth proving that Fartnambla was farting away all the jobs.


That's what makes all the righteous indignation from the usual suspects so hilarious.

If the number had gone up, these same clowns would be crowing about them as definitive proof that Obama is a failure...
 
2012-10-05 03:14:30 PM

lilbjorn: Unemployment under Romney is 47%.


3.bp.blogspot.com

Well, if people would just humble out and take jobs a few dollars an hour beneath them, everyone would be employed.

This is why we need to eliminate the minimum wage. Along with pornography.
 
2012-10-05 03:15:54 PM

HotWingConspiracy: Methodology was never questioned when it suited their narrative. In fact, it was farking gospel truth proving that Fartnambla was farting away all the jobs.


I don't know where people are getting this. Righties have been crowing about how we're actually turbo-farked because of how high U6 is and how low workforce participation is for months.

Sure, we didn't hear much from them about U6 during the Bush admin, but they've definitely been bringing it up for most of Obama's. They're just doing it a bit more loudly now that U3 doesn't look so bad.
 
2012-10-05 03:16:13 PM
Why don't the unemployed just buy themselves a job?
 
2012-10-05 03:16:15 PM

Nabb1: NateGrey: Nabb1: Lurking Fear: Huh, because these same methods and numbers work just fine during republican administrations. I wonder what could possibly be different...

From what I recall of the politics threads from 2004, those methods and numbers did not work fine at all for the left leaning folks, many of whom rebuked the calculations with these same arguments in this article, but were perfectly okay for Bush supporters. Funny how things change, isn't it?

Deep thoughts from a Fark Independent.

Deep thoughts are probably a completely foreign concept to anyone who uses that term.


Bush hit an all time high unemployment rate your reaction:

" Nabb1 [TotalFark] 2003-06-06 05:08:48 PM
Hopefully, these jobless figures are mere hesitance on the part of businesses. The Dow is back up above 9000, and all the other recent numbers have been cautiously optimistic, like retail sales. "

I like the cautious optimism. I am sure when Obama did it you had the same reaction:

" Nabb1 [TotalFark] 2010-10-06 10:05:15 AM
I bet they feel stimulated, though."

Republican humor!
 
2012-10-05 03:16:45 PM
I see the Republican war on reality is breaching new fronts on the shores of Unamplyment numbers. Strong work folks, keep denying everything that doesn't fit The NarrativeTM
 
2012-10-05 03:17:01 PM

whidbey: lilbjorn: Unemployment under Romney is 47%.

[3.bp.blogspot.com image 350x250]

Well, if people would just humble out and take jobs a few dollars an hour beneath them, everyone would be employed.

This is why we need to eliminate the minimum wage. Along with pornography.


Also, the Terror Alert scale will now be replaced with my skin tones.
i2.kym-cdn.com
 
2012-10-05 03:17:09 PM

keylock71: Heh... These numbers have got the GOP shills in a tizzy, haven't they?


There was one in the other thread that had a case of the vapors.
 
2012-10-05 03:17:37 PM
I'm surprised the numbers aren't better on the expectation of regime change. Business folk I know have been hiring and ramping up production on the expectation that Obama will be thrown out of office.
 
2012-10-05 03:18:07 PM

ratagorda: I do not know a single person that is unemployed. I have many friends and my dad actively hires people at his company. I sell mortgages all day erryyday


Please update us on your status if interest rates ever go back up.
 
2012-10-05 03:18:11 PM

mrshowrules: keylock71: Heh... These numbers have got the GOP shills in a tizzy, haven't they?

There was one in the other thread that had a case of the vapors.


GIS

www.boston.com
 
2012-10-05 03:19:04 PM

Nabb1: Because your one vote for either of the other two candidates is worth more or something? Do you really believe that your own personal vote for either Romney or Obama accomplishes anything more that if I vote for Gary Johnson?


Did you ever read a Dilbert comic where Dilbert announces that he doesn't like that oil-producing nations in the Middle East may be using some of that money to fund terrorism, and that he was going to change his own buying habits (or something along those lines) to try and make a difference? Dogbert then carefully explains how him doing so actually won't make any difference, after which Dilbert says "Well, maybe I just want to make a statement." Dogbert then replies "Yes, and the statement would be 'I don't understand what the word "fungible" means.'"

In a similar vein, the only statement being made by people voting third party in the US (or other places with similar electoral systems) would be "I don't understand game theory."
 
2012-10-05 03:19:23 PM

thurstonxhowell: HotWingConspiracy: Methodology was never questioned when it suited their narrative. In fact, it was farking gospel truth proving that Fartnambla was farting away all the jobs.

I don't know where people are getting this. Righties have been crowing about how we're actually turbo-farked because of how high U6 is and how low workforce participation is for months.

Sure, we didn't hear much from them about U6 during the Bush admin, but they've definitely been bringing it up for most of Obama's. They're just doing it a bit more loudly now that U3 doesn't look so bad.


I don't recall this type of full court press, and I sure don't recall the conspiracy angle.
 
2012-10-05 03:19:37 PM

Noam Chimpsky: I'm surprised the numbers aren't better on the expectation of regime change. Business folk I know have been hiring and ramping up production on the expectation that Obama will be thrown out of office.


Those business folk that you totally know are going to be disappointed.
 
2012-10-05 03:19:56 PM
139 million jobs for 314 million people. Less than 1 in 2 Americas is employed. Is this the change we need?

Mitt Romney has a plan to put 100% of able-bodied Americans to work, regardless of age. Whether you're 8 or 80, you should be toiling away for a non-living wage with few benefits.

"I'm Romneybot and I validated this communication."
 
2012-10-05 03:20:07 PM
Oooh, let's see what economic wizard Hot Air got to break down these numbers.

Ed Morrissey is an American conservative blogger, columnist, motivational speaker, and talk show host. He goes by the nickname Captain Ed

Sweet merciful crap. Conservative bloggers really are the awkward kid everyone made fun of in high school aren't they?
 
2012-10-05 03:20:23 PM
GOP when unemployment was at 10.1% about two years ago: "See, Obama has done a horrible job at fixing the employment situation. The 10.1% is proof that things have gotten worse under his communist regime."

GOP today about the 7.8% rate: "This is an outrage. This number is fake."
 
2012-10-05 03:20:37 PM
More people are working. You can either admit that, or you can admit that you're really pissed off that the country is improving because it might hurt your 'team' politically.

Which is it?
 
2012-10-05 03:21:07 PM

impaler: The Stealth Hippopotamus: You have to remember that the Obama administration is both legendarily inept and masterfully criminal at the same time according to many who oppose it.

So just like Bush?

No.

Bush was legendarily inept.
Cheney was masterfully criminal.


Wait, I thought Bush was a criminal master and Cheney was ineptly legendary.
 
2012-10-05 03:21:38 PM

mrshowrules: keylock71: Heh... These numbers have got the GOP shills in a tizzy, haven't they?

There was one in the other thread that had a case of the vapors.


We're going to need some fainting couches in this one, I think...
 
2012-10-05 03:21:53 PM

HST's Dead Carcass: I know one that was cut off from unemployment and has been clinging on to everything he owns. He attributes to the number of people not on unemployment.

Here's my town compared to statewide. Unemployment is dropping for the state because people were kicked off unemployment after an internal audit, but Colorado Springs is still rising.

Our town is at 9.8%, and at least 50% of that is IT/Tech jobs. Additionally, you can see by the red line for Colorado, exactly when they got the results of the audit, because the line goes from 9.3% to 7.7%... in an effort to make the national average look better. That many jobs weren't found, they just ended Unemployment for thousands of people over a 2 month period.


I call bullshiat.
 
2012-10-05 03:22:11 PM

odinsposse: Oooh, let's see what economic wizard Hot Air got to break down these numbers.

Ed Morrissey is an American conservative blogger, columnist, motivational speaker, and talk show host. He goes by the nickname Captain Ed

Sweet merciful crap. Conservative bloggers really are the awkward kid everyone made fun of in high school aren't they?


More like Special Ed amirite?
 
2012-10-05 03:22:25 PM

Noam Chimpsky: I'm surprised the numbers aren't better on the expectation of regime change. Business folk I know have been hiring and ramping up production on the expectation that Obama will be thrown out of office.


I'm surprised that you haven't been arrested on fowl necrophilia charges.
 
2012-10-05 03:22:37 PM
The Romney Recovery begins.
 
2012-10-05 03:22:51 PM

lilbjorn: Hint: The very same thing was said under Reagan, Bush, Carter, and Bush.


You said Bush twice.
 
2012-10-05 03:24:06 PM

NateGrey: Nabb1: NateGrey: Nabb1: Lurking Fear: Huh, because these same methods and numbers work just fine during republican administrations. I wonder what could possibly be different...

From what I recall of the politics threads from 2004, those methods and numbers did not work fine at all for the left leaning folks, many of whom rebuked the calculations with these same arguments in this article, but were perfectly okay for Bush supporters. Funny how things change, isn't it?

Deep thoughts from a Fark Independent.

Deep thoughts are probably a completely foreign concept to anyone who uses that term.

Bush hit an all time high unemployment rate your reaction:

" Nabb1 [TotalFark] 2003-06-06 05:08:48 PM
Hopefully, these jobless figures are mere hesitance on the part of businesses. The Dow is back up above 9000, and all the other recent numbers have been cautiously optimistic, like retail sales. "

I like the cautious optimism. I am sure when Obama did it you had the same reaction:

" Nabb1 [TotalFark] 2010-10-06 10:05:15 AM
I bet they feel stimulated, though."

Republican humor!


Heh...
 
2012-10-05 03:24:26 PM

odinsposse: Oooh, let's see what economic wizard Hot Air got to break down these numbers.

Ed Morrissey is an American conservative blogger, columnist, motivational speaker, and talk show host. He goes by the nickname Captain Ed

Sweet merciful crap. Conservative bloggers really are the awkward kid everyone made fun of in high school aren't they?


He was better with The Smiths.
 
2012-10-05 03:24:45 PM

Noam Chimpsky: I'm surprised the numbers aren't better on the expectation of regime change. Business folk I know have been hiring and ramping up production on the expectation that Obama will be thrown out of office.


The Romney recovery has already kicked in.
 
2012-10-05 03:24:50 PM

odinsposse: Oooh, let's see what economic wizard Hot Air got to break down these numbers.

Ed Morrissey is an American conservative blogger, columnist, motivational speaker, and talk show host. He goes by the nickname Captain Ed

Sweet merciful crap. Conservative bloggers really are the awkward kid everyone made fun of in high school aren't they?


j.wigflip.com
 
2012-10-05 03:25:05 PM

jst3p: HST's Dead Carcass: I know one that was cut off from unemployment and has been clinging on to everything he owns. He attributes to the number of people not on unemployment.

Here's my town compared to statewide. Unemployment is dropping for the state because people were kicked off unemployment after an internal audit, but Colorado Springs is still rising.

Our town is at 9.8%, and at least 50% of that is IT/Tech jobs. Additionally, you can see by the red line for Colorado, exactly when they got the results of the audit, because the line goes from 9.3% to 7.7%... in an effort to make the national average look better. That many jobs weren't found, they just ended Unemployment for thousands of people over a 2 month period.

I call bullshiat.


Yeah! Hell, they should come to the Twin Cities. We have about a 2-3% unemployment for programmers/IT. Companies are having a real hard time finding people to hire.
 
2012-10-05 03:26:01 PM

Noam Chimpsky: I'm surprised the numbers aren't better on the expectation of regime change. Business folk I know have been hiring and ramping up production on the expectation that Obama will be thrown out of office.


Do people really think like this? I mean I know he is trolling but do you think he believes it?
 
2012-10-05 03:26:20 PM

Whiskey Pete: lilbjorn: Hint: The very same thing was said under Reagan, Bush, Carter, and Bush.

You said Bush twice.


He must be a guy who lived through the 70s. They love Bush.
 
2012-10-05 03:26:35 PM

DamnYankees: The only way to ever make sense of these numbers is to use consistent parameters. As long as this is the system we use to judge these numbers, its the system we use. We need to accept that.


Agreed. I hate the bullshiat numbers, but if they're calculated using the same bullshiat as last month and the months before then, then it's consistent data... I mean bullshiat. Regardless, it works.
 
2012-10-05 03:26:41 PM
Welp, at least you had one day of hope derpsters! You should have savored it while you could!
 
2012-10-05 03:26:42 PM

Biological Ali: Nabb1: Because your one vote for either of the other two candidates is worth more or something? Do you really believe that your own personal vote for either Romney or Obama accomplishes anything more that if I vote for Gary Johnson?

Did you ever read a Dilbert comic where Dilbert announces that he doesn't like that oil-producing nations in the Middle East may be using some of that money to fund terrorism, and that he was going to change his own buying habits (or something along those lines) to try and make a difference? Dogbert then carefully explains how him doing so actually won't make any difference, after which Dilbert says "Well, maybe I just want to make a statement." Dogbert then replies "Yes, and the statement would be 'I don't understand what the word "fungible" means.'"

In a similar vein, the only statement being made by people voting third party in the US (or other places with similar electoral systems) would be "I don't understand game theory."


Oh, I understand it just fine. I just don't care to play. I'm not going to blindly pull the lever for a Republican or Democrat because I'm conditioned to accept that. I've voted for Republicans, Democrats, Reform Party, Libertarians, and I think I once voted Green for some office or another. I skipped 2000, voted Badnarik '04, Ron Paul as a third party candidate in '08 (he was on the ballot in Louisiana on the "Tax Reform Party" ticket or something) and will vote for Gary Johnson this time around. I know it won't affect the outcome. Neither would changing my vote to Obama or Romney.
 
Displayed 50 of 594 comments

First | « | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report