[Lmo56]

Fuzzy Math ...

THIS is what the MSM SHOULD be reporting - IF they had any integrity ...

Employment status:

1. Civilian noninstitutional population went from 242,604,000 in March to 242,784,000 in April. This is an INCREASE of 180,000.

2. Civilian labor force went from 154,707,000 in March to 154,365,000 in April. This is a DECREASE of -342,000.

3. Participation rate went from 63.8% in March to 63.6% in April. This is a DECREASE of -0.2%.

4. Employed went from 142,034,000 in March to 141,865,000 in April. This is a DECREASE of -169,000.

5. Employment-population ratio went from 58.5% in March to 58.4% in April. This is a DECREASE of -0.1%.

6. Unemployed went from 12,673,000 in March to 12,500,000 in April. This is a DECREASE of -173,000.

7. Unemployment rate went from 8.2% in March to 8.1% in April. This is a DECREASE of -0.1%.

8. Not in labor force went from 87,897,000 in March to 88,419 ,000 in April. This is an INCREASE of 522,000.

*****

Persons not in the labor force (not seasonally adjusted)

1. Marginally attached to the labor force went from 2,352,000 in March to 2,363,000 in April. This is an INCREASE of 11,000.

2. Discouraged workers went from 865,000 in March to 968,000 in April. This is an INCREASE of 103,000.

[goseminoles]

The numbers are based on numbers from your local workforce board databases and UC claimant numbers. And they are seasonally adjusted numbers.

[Cyber Liberty]

[Lmo56]

A good barometer is the stock market [which looked at ALL of the numbers in the report].

Market was down 1.27% [approximately 170 points] today ...

So much for “Hopey - Changey” ...

[calex59]

Anyone but a total idiot knows these numbers have been rigged in order to make Bozo look good. By election time they will have the unemployment at 7.6 %, not in reality but according to their rigged figures. We all know the real rate is somewhere above 12 %.

[Sarah Barracuda]

With Obama’s logic, if everyone stopped looking for work the unemployment rate would be 0 percent..just watch, in November the unemployment rate will be 0 percent because EVERYONE will stop looking for work and the media will praise Obama some more

[JPG]

Simple. E=MC2 except on alternate Friday’s.

[drypowder]

Excuse me for preaching to the quire but it has to do with the government’s propaganda machine to make it appear the obozo is good for the country. Reality, there are so many employable people who have given up looking for work and can no longer collect unemployment that they are no longer being counted by the government as the unemployed. The same is true for the government’s rosy stats on the cost of living indicators. It too is propaganda because the government no longer includes the cost to families for food and gasoline. Obviously it’s all about getting the obozo reelected and he too is a fraud on the people.

[dynachrome]

From another post on FR:

“the reason unemployment is slightly down this month is the same reason unemployment has been declining ever so slightly for a while: every month hundreds of thousands of people give up looking for work. Yeah, unemployment is getting better, if you don’t count all those unemployed people the government doesn’t count any more... “

[Daffynition]

3 Critical Unemployment Charts – April 2012

[nc28205]

>>>If the weekly unemployment claims far exceed the weekly job creation numbers, and they have for three years and by a considerable amount each week I believe, how come the unemployment rate goes DOWN?????

Let me help. First of all there is no such thing as a weekly job creations number. Each Thursday morning the Labor Department reports the number of new claims for unemployment. No comparison is made to job creation.

Generally, a number somewhere between 375K and 400K represents a neutral level. When claims are consistently above 400K in a monmth, you generally see the numbers from the monthly survey of bsinesses report a net deline in payrolls and the numbers from the household survey reportan increase in umenployment. In general, you get the opposite effects on net payrolls and unemployemnt when new claims are under 375K.

The weekly new claims have ticked higher in recent weeks, and this has been reflected in the lower payroll numbers for March and April than were reported in January and February.

Similarly, as many have noted here. Unemployment went down not because hiring increased that much, but because the number of those seeking employment declined. So, no funky math involved, just a need to better explain what goes into the calculation.

[Signalman]

Cooking the books.

[E. Pluribus Unum]

Because you don't count people among the "unemployed" who have been unemployed for so long that they have run out of unemployment benefits and have stopped looking for a job.

That way you can say unemployment has gone down, when all that has happened is that people have disappeared into despair.

While the Ubamas go on three vacations a month.

[Positive]

I meant to alert you to my rely to your post.

[Ouderkirk]

There’s no fuzzy math or anything else. It is a complete fabrication.

The U-3 number will be under 7.6% by election day. While the U-6 number will remain constant at about 15% or increast to about 18%.

The White Hut wants U-3 to go down, so they say it went down then cook the books to make appear that way.

If they could make it 4%, they would, it’s just than nobody would believe them, not that anybody believes them now.

[Eye of Unk]

Nobody is looking for work.

They are out scrounging and stealing radiators from school buses, copper plumbing, welding cables from bushiness.

I know as someone walked into our gated property recently after hours and ripped us off of over 150’ of heavy duty welding cables, which will cost over $1200 to replace.

My hours are cut back, my paycheck is half of what it used to be.

Tomorrow I am heading out to do some metal detecting, hopefully I’ll find some gold trace.