and the Andrea Mitchell Golden Kneepads award this week goes to... Josh Boak !!!
I propose a new term: “Job Free.”
This is people who COULD work a job if not driven permanently from the market (almost always by government interference) OR payed more by welfare than getting a job would pay.
If we could get all those pesky unemployed people out of the job market we can get the unemployment rate down to %0.00 ...
The election is over, but lefties are still trying to point at the meaningless unemployment statistic that doesn’t count people who have stopped looking for a job. They are still trying to characterize Barry’s plan of handing out fake disability payments to half of the country in return for a vote as a positive thing.
In other words -- it doesn't reflect reality.
5% is considered “near full employment” (as people in that category are considered to be in short term transition between jobs).
That HARDLY matches the situation today.
In short...for Democrats, party loyalty/cheerleading trumps reality.
No one is celebrating “low US unemployment” because everyone knows that is Obama/Democrat Party/US Government ugly lie? That would be my guess.
That's because the unemployment rate is BS and America knows it.
If AP didn't have its nose so far up Obama's butt that they can't see the sun, they'd do their job and lambast the federal government for putting out bogus statistics.
But then again, we haven't had "reporters" since Watergate. Now we have "journalists" only interested in liberal agenda, not the truth.
More evidence of the resiliency of the US economy. I believe, when we get a more pro growth administration, this economy is going to roar instead of being one of the worse Post WW2 “recoveries.”
America DOES NOT HAVE LOW UNEMPLOYMENT.
We import everything from China. China has the jobs, which used to be American.
Bring back jobs to America.
GOP stand up for American jobs.
If you are out of work longer than a year, you are by definition not unemployed, you are out of the job market. Its a statistician’s trick. That is how more and more people lose their jobs and the unemployment figures keep going lower.
Despite that, oil and gas activity connected with fracking and shale have, against all odds, against everything the Dems have tried to do, managed to resuscitate this economy and keep it from total collapse.
Someone once predicted that the oil boom would create the impression that Obama had been a good president though he had done everything he could to snuff it out.
Thank God for oil men and private property.
Secondly, a lot of the jobs being created are part-time, low-pay Mcjobs that are desperation moves for the long-term unemployed.
Third, employment isn't the only measure of an economy's strength. Most of the other indicators are sluggish at best. And that's after the administration has cooked the books to clean them up.
Why aren’t U. S. Citizens celebrating low unemployment.
Because close to 25% of our workers are idle.
Duh!
Remember how AP was celebrating unemployment under Bush when it actually was incredibly low?
and the Andrea Mitchell Golden Kneepads award this week goes to... Josh Boak !!!
Look, too, at the percentage of adults either working or searching for work. It's a measure called labor force participation. The government counts people without jobs as unemployed only if they're seeking work. If more people stop looking, labor force participation falls.At 62.8 percent, the U.S. participation rate hasn't budged over the past 12 months. And it's down a sharp 3.6 percentage points from 2007. That means a lower proportion of Americans are engaged in the job market and benefiting from the economic upswing.
Some of the decline in participation stems from retirements by the oldest of the vast baby boom generation. But not all.
Mandel reasons that much of the decline is due to people who want to work but are no longer actively searching. As long as a large such pool of potential workers exists, it will put downward pressure on wages.
Since 2007, the participation rate has fallen disproportionately in three critical states where Democratic incumbents lost Tuesday, costing their party control of the Senate: Arkansas (-5.9 percentage points), Colorado (-5.3 points) and North Carolina (-4.7 points), each of which will now be represented in the Senate by a Republican.
The bolded section is the argument that undercuts the Dems' new meme that stagnant wages are due to big business being a bunch of meanies who won't share the wealth.
The day the RAT party took control of congress in 2007 it was under 5%, in closer to true numbers than now.
Not happy with it? Maybe because it is not real. Check the labor force participation rate - lowest it has been set to in decades. They have simply summarily dropped a couple million people from the workforce - to artificially bring down the reported unemployment rate. Put those people back in the equation and the real unemployment rate is over 11%. So yeah, there are a lot of unhappy out of work people. Even more that are now working part time at one or more jobs thanks to obamacare. Businesses aren’t hiring full-time where they’d have to provide health insurance that meets obamacare restrictions. So they hire multiple part time instead. This also artificially lowers the apparent unemployment rate. I personally know of a dozen or so people working multiple part time jobs. They don’t get employer backed health insurance. But now thanks to obamacare they have to buy it on their own or get fined. They are twice screwed-over by obamacare and the liberals.
When you consider that most of these jobs are not full-time, but part-time, this is not anything to be happy about. Boehner said the other day that we’ll get the 40 hour work week back, and if that happens, that will make a huge difference. Otherwise these new jobs are probably people picking up a 2nd and 3rd job to make ends meet. People forced to work 2-3 jobs to support their families is not good for the family, which is already at a crisis point. To make it worse, it is engineered this way to destroy the family, which the Alinskyites are all for.