Total BS! I’d like to see how they’re coming up with these numbers. What set of folks are they leaving out? What about those ... like me ... who are unemployed yet do not receive unemployment (because it’s a pain in the arse)?
These lies will continue right up to the November election. Everything necessary will be done to maintain these lies until then, after which their guard can be dropped if Republicans win by any measure.
bull hockey
Sooooo.....we had 288,000 new jobs added last month.
Yet 806,000 left the job market.
By my calculations that’s net loss of 518,000 jobs for the month.
Can someone please explain to me how Washington DC does its math?
The DJIA apparently is less than thrilled, only up 30 points right this minute.
Wait a minute. Didn’t we just experience one of the lowest growth rates the last quarter? Now I’m supposed to believe that now there’s a hiring boom. This is plain crap with the numbers being cooked. Anyone can see the country is not in an economic recovery.
We have 240,000,000 adults in this country.
Zero claims unemployment at 6.8% with 9.8 million out of work. That means they claim 155 million people have jobs, which gives 84 million people do not want jobs, according to Zero.
Zero never states how many people have jobs. He only states percentage increase or decrease for women, or men, or blacks, etc, but NEVER does he claim how many people have jobs.
However, we also know from other numbers that only 97 million people have jobs. Zero claims those other 58 million extra people (155 - 97 = 58) are people with two or more jobs and he counts their jobs as people. Meaning, if a person has two jobs then he counts two people as having a job.
If we add back those 58 million missing people, even using his number that 6.3% represents 9.8 million people, we get 9.8 + 58 = 67.8 million people do not have jobs and that equals 44% unemployment.
We have 44% unemployment, and that is using Zero numbers and not lying about who has a job.
Does anyone have the official U6 unemployment figures? I think those portray a far more accurate picture of the current unemployment rate than the increasingly outdated and bogus U3 barometer that the federal government and media rely on. When people drop out of the labor force, the U3 no longer counts them as unemployed. So technically, we could bring the U3 unemployment rate all the way down to 0% if EVERY American were to quit working and go on welfare! Talk about a worthless indicator!
You know that group of 806,000 Americans that magically decided to not work anymore, but not be counted as "unemployed" anymore? That's the same number of citizens as the total who are still called "unemployed" in the smallest 19 states combined (AK 24k, DE 26, HI 30, IA 74, ID 41, KS 73, ME 44, MT 26, NE 36, NH 35, ND 10, NM 62, OK 90, RI 50, SD 16, UT 57, VT 13, WV 47, WY 13)...
that's ~767,000... you still need more than a third of Mississippi's 94,000 to make up the rest of the 806,000...
or just call it all of the unemployed in New York state, plus Minnesota.
Or Ohio plus Pennsylvania...
Or Texas plus Kansas...
Either way. All gone. *poof!* In one month.
Hiring didn’t go up. Unemployment benefits ran out.
No longer collecting unemployment? No longer counted as unemployed.
It’s freakin’ magic I tell ya!
There is no more unemployment extension from the federal Government, that ended in December. So when state unemployment insurance runs out (typically 26 weeks) a person is no longer counted as unemployed. Even though what really happened is they have no income at all.
We will continue to see a drop in the “unemployment rate” as people continue to drop off the unemployment radar screen simply because we are only counted for 26 weeks.
Only nine million more jobs required to fix unemployment problem oh wait some people don’t get counted it’s Obama math.
Funny how the New York Times failed to mention that numbers like this haven't been seen since the failed Democrat Carter administration.
Well at 4 percent we will be at “100 percent employment” or something like that. I understand they play with numbers, but it must be a little better out there. I know Maryland never really had the unemployment problems that other states have but is it getting better all over? I know that workers wanted signs all over Annapolis. I do know that not everywhere is having this.
When people say we should bring jobs back to America while corporations continue to farm jobs out of America, I always wonder how people think jobs will come back here.
How exactly would this process work without imposing restrictions on corporations?
That's a good trick. Jobs are growing in a shrinking economy.