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Employment Numbers Down - or ARE They?

snell/GOD & COUNTRY-zero cliques 2012/10/08 22:29:21
The unemployment numbers were down Friday - more than economists thought
they would be. The media is trumpeting this as a sure win for Obama and
a reason he will or should get another term in the White House.
But
the real story here is that the unemployment rate dropped because people
gave up looking for full time jobs and settled for part-time work.

Businessweek
reported it under the headline, “More Americans Working Part-Time;
Unemployment Declines.” Economics researcher, Neil Dutta was interviewed
and said:
It’s an employment recovery built on thin ice,” If
there was an immediate downturn or even a weakness heading into the end
of the year, who’s going to be the first one to go?” The jump in
employees who are unable to find full-time jobs is what one would expect
in an economy that is growing less than 2 percent at an annual rate."


Plus, there are other measures of unemployment that show the situation is worse. Economist, John Lott wrote: “The
government’s broader measure of unemployment has remained unchanged at
14.7 percent (the so-called U6 measure), still well above 14.2% rate
when Obama became president.


The majority of new jobs during
the Obama “recovery” have been low-paying, according to a report by The
National Employment Law Project (NELP). Three-fifths of all jobs lost
during the recession paid middle-income wages, while roughly
three-fifths of new jobs created during the economic recovery pay low
wages, NELP found. Both economic forces and government budget cuts are
causing this deficit of good jobs, according to the study.

Three
notoriously low-paying industries — food services, retail, and
employment services — account for 43 percent of all jobs created during
the economic recovery, while better-paying industries have failed to
recover, according to NELP. The median retail worker gets paid $11 per
hour, the median food service worker gets paid $10 per hour and the
median waiter or waitress gets paid just $7.69 per hour, according to
the study. If this is the “recovery” that Obama is going to boast about,
informed voters are not going to be
that impressed. Of course the problem is that media is trying to flash
headlines about the great jobs recovery and the talking heads are
spinning it as much as possible.

These stats show a hurting economy that still lacks full-time jobs and still lacks work that will provide a living wage for employees. The economy is still hurting and the numbers prove it.

NOTE:
U-6
unemployment is defined as: Total unemployed, plus all persons
marginally attached to the labor force, plus total employed part time
for economic reasons, as a percent of the civilian labor force plus all
persons marginally attached to the labor force.

For September, 2012, the U-6 unemployment figure is 14.7%!!!
http://www.bls.gov/news.release/empsit.t15.htm

Add
to that the fact that income per household is down by over $4,000 per
year, and rampant inflation with gas prices doubling and food prices
skyrocketing - can anyone (other than Barry and Michelle) say they are
better off today than they were four years ago?
You!
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Top Opinion

  • Ol'Dave 2012/10/08 22:36:54
    Ol'Dave
    +11
    You can make numbers say/prove ANYTHING YOU WANT! All you have to do is change the rules OR put preassure (e.g. $) in appropriate places. Now it is DIFFICULT 'cooking' the unemployment #'s, as 2 seperate department of GOVERMENT are involved, but that doesn't mean it's IMPOSSIBLE!

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  • 4570GOVT 2012/10/12 16:08:36
    4570GOVT
    " These Figures Are BOGUS " and what is known in the trade as CREATIVE BOOK KEEPING ! They DROPPED Hundreds Of Thousands OFF THE BACK END ( Long Term Unemployed ) - Then - ADDED HUNDREDS OF THOUSANDS From Thin Air Who " Might Be Working From Home " ( selling personal items on E-bay ? )

    There is an old saying that goes - " Figures Lie & Liars Figure " !
  • Sherlock Dog BL - a Gazillion 2012/10/12 03:41:34
  • BlackJack 2012/10/10 13:00:18
  • Kat ♪.BTO-t-BCRA-F~PWCM~ 2012/10/10 12:53:40
    Kat ♪.BTO-t-BCRA-F~PWCM~
    +1
    BS cooking the numbers doesn't make it so. They'll do anything to try and make the idiot re-electable. Just ask the people the government contractors are going to be laying off after the election with little warning due to Obama coercing them into not sending out notices before the election.
  • 56lady☆POTL JLA BTO-t- BCRA... 2012/10/10 12:41:40
    56lady☆POTL JLA BTO-t- BCRA-F's
    +3
    Jobs?!?!?!?

    obama math
  • Flash,aka,Mr.Lightning 2012/10/10 11:27:23
    Flash,aka,Mr.Lightning
    +3
    Yes there are jobs out there (in certain fields)!
    where s the jobs
  • pumpkin1960 2012/10/10 02:54:41
    pumpkin1960
    +3
    Americans are learning that reality is what Obama and the Dems say. Anybody see the SNL spoof on his town hall meeting?
  • legalamericanwoman 2012/10/09 23:11:11
    legalamericanwoman
    +3
    I have this awful feeling that Floridas unemployment rate is closer to 17 % . There are so many homeless swirling around my area !
  • Jack Sprat 2012/10/09 18:23:01 (edited)
    Jack Sprat
    +4
    Here's my version of the lie ......

    "Oddly the U6 numbers didn't change from last month at 14.6% to this month at 14.6% and the standard numbers of the employers and household survey numbers actually made the unemployment numbers go from 8.1% to 8.2%. The poll of that had an outcome of 7.8% has a plus or minus 50% and based on a much smaller survey number of only households called , which puts the out come still at about 8%, so Bo can't even win when he "cheats" fair, and not to forget that the part time numbers, normally only used in the U6 figures, were some 342,000 people. Stupid is stupid, lib's only stop reading when they see something that agrees with them. We have 1.5 - 3 million fewer people working than we did when Bo started screwing up the economy, lib's with jobs don't care about those without jobs, apparently they think like San Fran Nan, they'll have a chance to "follow their dreams", relax and take a vacation, like her daughter. Only a lib so out of touch with reality could come up with that line of bovine excrement, well or any other lune on the left."

    How we got to 7.8% unemployment

    lib touch reality line bovine excrement lune 7 8 unemployment
  • 4570GOVT Jack Sprat 2012/10/12 16:12:11
    4570GOVT
    +1
    BRAVO , Jack ! - You Are Absolutely Correct .
  • Jack Sprat 4570GOVT 2012/10/12 19:33:13
    Jack Sprat
    +1
    TY ...... "Hilda Solis said it all".
  • Sheηaηigaηs™ 2012/10/09 17:08:31
  • 4570GOVT Sheηaηi... 2012/10/12 16:15:36
    4570GOVT
    +1
    Obama ---------------------- Serving Up " CRAP " For Four Years !

    Democraps see it on TV , so it " must be true " .
  • Sheηaηi... 4570GOVT 2012/10/15 17:37:03
    Sheηaηigaηs™
    +1
    Lols!!! you got it!!! lol
  • keeper 2012/10/09 16:23:30
    keeper
    +5
    This administration is fudging the numbers to make themselves look better. How much do you want to bet that they will revise them in a few weeks after the election????
  • 4570GOVT keeper 2012/10/12 16:16:27
    4570GOVT
    +1
    AMEN ! --------------------- FIGURES LIE & LIARS FIGURE .
  • keeper 4570GOVT 2012/10/12 16:35:02
    keeper
    +1
    Exactly~
  • belle 2012/10/09 15:50:04
    belle
    +5
    This is one of many steps to make Obama look better right before the election. We all know he needs all the help he can get and his supporters/administration will do anything to make him/his record look better to the voters. A little tweak here and there can make numbers of any report look better.
  • 4570GOVT 2012/10/09 15:33:28
    4570GOVT
    +4
    It was a simple case of Numbers Manipulation ............................. Have you ever heard the old line - " FIGURES LIE - AND - LIARS FIGURE " ?

    In The August Figures - They "DROPPED " Way Over 350,000 people from the unemployment rolls and Went From 8.3 down to 8.1
    Last Month - Sept. --- They Did More Of The Same ! - They " DROPPED " The Long Term Unemployed And Registered VERY LITTLE New Jobs ............ and lost FOUR (4) Points ? OMG ?
    The same organization said that " To Get From 8.1 To 8.0 , there would have to be 113,000 NEW jobs created - There was 114,000 and it dropped to 7.8 ? WTF ?
  • Andrew 2012/10/09 09:06:07
    Andrew
    +5
    Thank you for exposing this Incredibly insensitive LIE, snell!!! What angers me is that the Administration KNOWS the truth as we do, and simply for the sake of re-election, changes the way it computes unemployment! Unfortunately, their is a crowd in this country who will buy this in spite of the evidence around them. We, who understand the deception they are perpetrating MUST repudiate the lies by showing up in mass on November 6th and send Barack and his Administration packing! We CANNOT fail!!!
  • Ken 2012/10/09 04:17:01 (edited)
    Ken
    +5
    The truth is that unemployment figures are as "low" as they are because people keep leaving the work force. The percentage of Americans participating in the work force today,,only 61.6%, the lowest since Dec. 1981 - Jimmy Carter's "stagflation recession" inherited by Ronald Reagan. The number of people that have been getting jobs is less than the number needed to just keep up with new entries into the job market, which is approximately 200,000 jobs a month. There is no way that 114,000 additional jobs would drop the unemployment percentage otherwise! http://www.kansascity.com/201...
  • Jack Sprat Ken 2012/10/09 18:26:43
    Jack Sprat
    +5
    Ken, it's math, so lib's will believe anything.
  • Rodney 2012/10/09 02:56:51
    Rodney
    +5
    It's very suspicious in my book. The number of working age people participating in the Labor Market changed only 1/10th of a percent and still shows that 36.4% of the population is not in the job market. Then we can look at the U-6 Unemployment figures and see they didn't budge at all (14.7% U-6). That tells me that there was some creative cyphering going on within the BLS and where ever else they are allowed only pencils.
  • ALPEAUX 2012/10/09 02:28:03
    ALPEAUX
    +7
    After 4 years of decline, a .012% improvement is still NOT enough. Sorry OWE-BAMA, I am voting for Romney AND Ryan. Bye in November...Alpeaux
  • ALPEAUX ALPEAUX 2012/10/10 16:11:22
  • ALPEAUX ALPEAUX 2012/10/10 16:12:07
    ALPEAUX
    +1
    FYI...ALPEAUX
  • heirsoftheking 2012/10/09 02:05:59
    heirsoftheking
    +7
    Only in the eyes of the Obama Administration. The rest of us know better.
  • Torchmanner ~PWCM~JLA 2012/10/09 01:38:53 (edited)
    Torchmanner ~PWCM~JLA
    +8
    Liberal propaganda just after a disaster of a debate.
  • legalamericanwoman 2012/10/09 01:38:09
    legalamericanwoman
    +5
    Where are the numbers which prove how many people believe Obama is more than likely NOT even an American citizen?
  • snell/G... legalam... 2012/10/09 03:29:29
    snell/GOD & COUNTRY-zero cliques
    +5
    Oh see, THAT'S just 'old' nooze. Everybody KNOWS that Rhetoric was never true anyway - you know how the 'CONS' lie......

    'those ppl are worse than the night of the living dead - part 2! liberal zombies
    liberal zombies
  • Jack Sprat legalam... 2012/10/09 18:29:40
    Jack Sprat
    +3
    We can find them in this "village" were "someone is missing" ......

    village missing
  • bob'45 2012/10/09 01:29:15
    bob'45
    +8
    Unemployment numbers revised downward just weeks before the national election....how convenient. I don't trust anything coming from the Obama Regime, and that certainly includes anything from Obama's Labor Department.
  • snell/G... bob'45 2012/10/09 03:31:40
  • Jack Sprat bob'45 2012/10/09 18:32:52
    Jack Sprat
    +5
    Not to mention after a stunning asset whipping in the debate, and mysteriously just under the magic 8%, of which a president has never been re-elected with that as a factor
  • ReconMa... Jack Sprat 2012/10/10 21:42:03
    ReconMarine~PWCM*AVA*BTTB*JLA*
    +2
    BINGO.........
  • Jack Sprat ReconMa... 2012/10/12 02:28:18
    Jack Sprat
    +2
    It's only a number, he promised to have the unemployment rate at 6.7%, failed at that also.
  • ReconMa... Jack Sprat 2012/10/16 23:31:21
    ReconMarine~PWCM*AVA*BTTB*JLA*
    +1
    Failed at everything so far...
  • Jack Sprat ReconMa... 2012/10/17 00:58:04 (edited)
    Jack Sprat
    Including being a "good father and husband", at least that's what they're saying down at the turkish bath, the only thing he had going for people who only voted for him because he was black, well Half white, 43.5% Arab and 6.5% African black.
  • ReconMarine~PWCM*AVA*BTTB*JLA* 2012/10/09 00:06:25 (edited)
    ReconMarine~PWCM*AVA*BTTB*JLA*
    +7
    Imagine How these Numbers would Be even More Mixed up and Bastardized, had the WARN Law been allowed to be Implemented. Obama Admin Has Asked Corporate America To Hold Off with Layoff Notices Until After The Elections...Any Legal Battles or Claims will be Paid By The GOV Tax Payer....

    800K Number used to show the Rate at 7.8%, and the Payroll Number shown of 114K in the number with the 7.8% are two different reports...
    Survey Of Household Added was 800K....Used In Rate Adjustment Decline
    Payroll Jobs Added, was 114K.....Shown in Numbers, But Not Used in Calc's of Rate Drop

    JULY, 2012.....170K Jobs ADDED...yet Rate Increased from 8.2% to 8.3%
    AUG, 2012.......90K Jobs ADDED....and Rate Droped from 8.3% to 8.1%....
    HALF the Jobs added as Previous Month, Yet The Rate Drops..????
    SEPT, 2012.....114K Jobs ADDED...and Rate Drops Again, from 8.1% to 7.8%....
    But the 800K Household Jobs Added, Were Used used to Drop Rate to 7.8%....???

    SUMMARY.....
    JULY...170K Jobs Added and Rate RISES by 0.1%
    AUG & SEPT Combined...204 Jobs Added..and Rate Declines by 0.5%...?????

    Do You Actually Buy This Magical Mystery Math...????
  • Jack Sprat ReconMa... 2012/10/09 18:35:16
    Jack Sprat
    +4
    I liked the month that 80,000 jobs were added, and 85,000 went on disablity, apparently, like unemployment, that "stimulates" the economy.

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