Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Where is Unemployment Headed?
Townhall.com ^ | March 24, 2012 | Mike Shedlock

Posted on 03/24/2012 8:01:12 AM PDT by Kaslin

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-22 next last

1 posted on 03/24/2012 8:01:14 AM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

Your house.


2 posted on 03/24/2012 8:04:07 AM PDT by steve8714 (Clay...Carnahan...who is the least of these?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Well, at least the posters can be put to good use...


3 posted on 03/24/2012 8:16:02 AM PDT by COBOL2Java (Mitt Romney is SEVERELY conservative - and I'm SEVERELY against giving him my vote!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
The "official" unemployment rate will be 5% in the first week of November, no matter how many are out of work.
4 posted on 03/24/2012 8:25:57 AM PDT by null and void (Day 1159 of America's ObamaVacation from reality [Heroes aren't made, Frank, they're cornered...])
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

If you are not in the labor force, you are not counted as unemployed.
__________________________________________________________________________________
Thanks for posting this Kas. I realized something from this Post: Think of the millions of college grads who cannot find work. They cannot draw unemployment because they haven’t worked for 4 or more years and have not paid into the system. They are not counted. But, they are pissed and most say they will NOT vote for Obozo this time around. (Oh.... poetic justice; how sweet it is.)


5 posted on 03/24/2012 8:40:59 AM PDT by no dems (Take it to Tampa: Palin / Ryan or Palin / Rubio or Ryan/Rubio in 2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Where is Unemployment Headed?

Well, the "official" 0bama propaganda figures will show it declining dramatically before the election, and the talking heads will then declare that the economy is growing and we are coming out of recession.

The REAL story will be that the figures will be thoroughly "massaged" by the 0bama regime and what ever groups that need to be excluded will be removed and not counted, to make the lying figures work out. If you have been out of work for a while, you will magically no longer be unemployed!

6 posted on 03/24/2012 8:43:53 AM PDT by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: steve8714

I was watching a guy on a video the other night and he said that 8-9% unemployment is a big fat government lie. He said if REAL unemployed people were truly counted, it would be closer to 21-22% and possibly as high as 25%!! He said the gov’mint uses fuzzy math to bring the numbers down to dumb people down to how bad it really is out there.


7 posted on 03/24/2012 8:54:38 AM PDT by RetiredArmy (God is watching America. He is judging America. He does not like what He is seeing.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: RetiredArmy

According to the husseon propaganda ministry if a guy used to be a mechanical engineer making 120 thousand a year and is now working two days a week flipping burgers he is considered employed and that’s all that matters.


8 posted on 03/24/2012 9:32:47 AM PDT by shelterguy
[ Post Reply | Private Reply | To 7 | View Replies]

To: The Sons of Liberty

It is frustrating to go to the gas station or the grocery store and see how much less you get for your money. It wouldn’t be so bad if the future looked brighter but it doesn’t. The rising cost of food and energy will eat up more and more of our disposable income. Isn’t this economic recovery great?


9 posted on 03/24/2012 10:06:26 AM PDT by peeps36 (America is being destroyed by filthy traitors in the political establishment)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Kaslin

What makes all of this even more interesting is that the disingenuous, biased media (DBM) is only just beginning to acknowledge an associated part of the problem. Many employers are now announcing that they will NOT hire anyone who has been unemployed for over 6 months!!

What makes this rather fascinating to me is this: The people who haven’t HAD any jobs to offer for at LEAST the past year, won’t hire you if you didn’t accept one of the jobs they haven’t had to offer!!

Only a liberal could come up with something this patently stupid!!


10 posted on 03/24/2012 10:32:32 AM PDT by DustyMoment (Congress - Another name for white collar criminals!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RetiredArmy
You can follow the numbers at shadowstats.
11 posted on 03/24/2012 10:34:19 AM PDT by slowhandluke (It's hard to be cynical enough in this age.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: peeps36

Yes, the rising prices are in effect making unemployment rise even without anyone losing their job. If ten people are working and prices rise so that all ten can only buy what nine used to buy that is the same as ten percent unemployment except that it is spread equally so each person is effectively only ninety percent employed compared to where he was before. Think about it, without inflation one could lose his job and the other nine could give him ten percent of their income and the result would be the same as with ten percent inflation except that one person would be able to stay home. Most people never think of it that way and it will certainly never be reported that way by any news service from Fox to MSNBC.

Doug Casey has said that he believes future historians will say that American living standards actually peaked in the early sixties. He may be right. Of course many will rush to point out all the things that we have now that were not available then but they ignore the things that were available then that are unavailable or unaffordable now. Casey made his statement based on the fact that most working people could support a family on one income then. It may not have included personal computers, cell phones etc. but they could live on one income. How many can do that now? In 1963 anyone making twice the minimum wage could support a family and buy that family a house to live in, at least in my neck of the woods. Twice the minimum now would be fourteen dollars and seventy cents an hour, who wants to try to buy a house and support a family on that WITHOUT ASSISTANCE now even in the lowest cost of living area of the country? This house of cards is about ready to crumble.


12 posted on 03/24/2012 10:37:42 AM PDT by RipSawyer
[ Post Reply | Private Reply | To 9 | View Replies]

To: RetiredArmy

I own a temp service. I can tell you that men are desparate for work. There is currently no recovery in the jobs market.


13 posted on 03/24/2012 10:40:42 AM PDT by steve8714 (Clay...Carnahan...who is the least of these?)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Kaslin

Consider my input costs are rising and my profit margin heading south, do you think I’m in a position to hire?


14 posted on 03/24/2012 11:44:04 AM PDT by griswold3 (Big Government does not tolerate rivals.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

I read the title and the Jefferson’s theme song came to mind.

...

“Movin’ on up.... to the sky-y”


15 posted on 03/24/2012 12:24:51 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: slowhandluke

Interesting.

If one uses the Shadowstats data, the current “misery index” under Obama is about 28%.

From a quick check on the internet, it looks like the worst “misery index” reading we got under Carter was about 22%.

Never underestimate the value of a compliant press.


16 posted on 03/24/2012 12:47:09 PM PDT by Stosh
[ Post Reply | Private Reply | To 11 | View Replies]

To: no dems
Think of the millions of college grads who cannot find work. They cannot draw unemployment because they haven’t worked for 4 or more years and have not paid into the system. They are not counted.

If they're looking for work, they're counted, whether they worked in the last 4 years or not.

17 posted on 03/24/2012 4:08:55 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Kaslin
Assuming 150,000 jobs a month ....

Yup; that's what this entire article is.

18 posted on 03/24/2012 11:57:00 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Elsie

“Churning” is illegal in the financial world; but VALUED in the labor market.


19 posted on 03/25/2012 12:00:09 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going)
[ Post Reply | Private Reply | To 18 | View Replies]

To: no dems

Anyone collecting a welfare check is considered employed because they are being paid.


20 posted on 03/25/2012 12:19:14 AM PDT by MaxMax
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson