Posted on 02/06/2015 5:42:28 AM PST by John W
Notice the wording!!
“The unemployment rate, meanwhile, edged up to 5.7% from 5.6% as more people entered the labor force in search of work,”
People that are unemployed and are not looking for work because they are disillusioned and gave up ARE NOT COUNTED in unemployment numbers.
Well, shoot! Why didn’t you say so? Negative employment numbers would have to mean that lots of folks have more than one job? But, but, but-—I keep hearing about lots of folks who have more than one job to get by. These math geniuses just have to update their methods to keep the right face on the Grand Kenyan’s success-—sniggle. Ruined another cup of coffee.
I am glad Soviet production quotas have again been exceeded.
Miller is not even being funny. If no one had a job and no one was looking for a job we would be at zero unemployment with the current methods. Even worse, if everyone went to work at a government job and no one worked at anything other than a government job we would have zero unemployment. I have had people look at me as if I were an idiot for saying that government employees should be counted as unemployed and in fact every single NEW government employee should be counted instead as TWO people unemployed but ask those same people if everyone can work for the government and unless they are drooling idiots they begin to see what I mean.
It’s higher than that.
The real number is about 5.7% x 2.
I’m not so sure. With the Obamacare regs, they have created a whole class of part timer workers: “the 29ers”.
I know a lot of people that have been demoted to this level.
And as companies convert people to 29ers, they have to hire more 29ers to take up the slack.
The employment stats consider part timers equal to full timers.
According to the A-9 table, the number of multiple job holders jumped by 200,000. That’s where most of those new jobs came from.
Gallop doesn’t agree with this.
Hey, my Wife just landed a Minimum Wage Retail Job after being out of work for three years in her chosen Field in Accounts Receivable / Payable.
Looks like she’s going to get 25 Hours a week. Now I can get that new Ferrari I’ve had my eye on.
Happy Days are here again, the skies above are clear again.
So she’s a “29er”
That’s how the fedgov padded the employment stats
Not all of Obamacare failed!
About $25 an hour would put the average salary at about $50,000. Sounds too high.
$25 x 8 hours =$ 200 per day x 5 days= $ 1,000 x 52 weeks = $52,000.
BS, Let me revise that to about 23%.
Yep, just 25, that’s the most Hours they will give her.
I think they leave those extra four hours (29) in limbo just in case of a scheduling screw up. Don’t want to tempt fate with our oppressive Big Brother.
I thought Jim laid down the law and said any satire posts would be labeled as such in the headline.
Anything else is deception.
Bears repeating:
"Similarly, GDP, minus government spending, measures the economic heartbeat of the United States."
By that measure, the US economy is on life support.
Imagine what it might be if a huge percentage of productivity remained in the hands of the individual and was not stolen from them, under color of law.
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