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US employers add 223K jobs; jobless rate falls to 5.3 pct.
AP ^ | July 2, 2015 | CHRISTOPHER S. RUGABER

Posted on 07/02/2015 6:35:48 AM PDT by PROCON

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To: PROCON

Remembering the economy of the late 90s where people were getting signing bonuses, being hired with almost no interview, and people getting raises in order to keep them at their current jobs so they didn’t jump ship to competitors, and full-time work was everywhere, I’m not buying this bull.


41 posted on 07/02/2015 7:04:08 AM PDT by VanDeKoik
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To: xzins
I'm convinced, personally, that if any republican/conservative wins the presidency that the Fed will instantly ruin that president's economy.

Yep. He'll get blamed for it by the Luciferian left. They'll demand he fix "his" mess.
The Conservative candidates should be heading this off at the pass RIGHT NOW as they cross the country giving their speeches.
Tell people the oboma crash is inevitable, and to prepare for it.

42 posted on 07/02/2015 7:04:22 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: HiTech RedNeck

“Welfare cases aren’t counted in that number”

Correct. Nor are people who have given up looking for a job because the economy is so rotten.

In other news, David Stockman, former Reagan administration Budget Director, says the real unemployment rate is 42.9%, not the B(L)S’s 5.5%:

http://davidstockmanscontracorner.com/the-warren-buffett-economy-why-its-days-are-numbered-part-4/


43 posted on 07/02/2015 7:05:17 AM PDT by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: PROCON

Here’s the truth
“Official unemployment rate fell to 5.3 in June because the number of Americans who left the labor force was twice the number who found jobs.”


44 posted on 07/02/2015 7:06:11 AM PDT by 4rcane
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To: PROCON
OH HAPPY DAYS ARE HERE AGAIN

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and overData extracted on:
July 2, 2015 (9:58:35 AM)
Labor Force Statistics from the Current Population Survey




45 posted on 07/02/2015 7:07:12 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Bluewater2015
Also, what ever happened to "greenmail" and LBO's?

If there is so much cash around, why aren't some companies buying up other companies just to take the cash?

That's what happened in the 80's. The fact that it's not happening now suggests that there is some collusion going on.

46 posted on 07/02/2015 7:08:00 AM PDT by who_would_fardels_bear
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To: PROCON

Your Thursday morning Prozac pill courtesy of your “government”.


47 posted on 07/02/2015 7:08:55 AM PDT by FlingWingFlyer (The Supreme Court is so gay.)
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To: PROCON
Rush was talking about an economist who put the real rate at 42.9%.

He made a convincing case.

48 posted on 07/02/2015 7:09:58 AM PDT by MileHi (Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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To: fatnotlazy

If there are 90+ million out of work, simple math says our unemployment rate is higher now than it was during the 1930s depression.


49 posted on 07/02/2015 7:10:52 AM PDT by jospehm20
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To: PROCON

According to aan Rush Limbaugh had on his show the real unemployment rate is 42%


50 posted on 07/02/2015 7:11:12 AM PDT by stockpirate (A corrupt government is the real enemy of the people.)
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To: Lion Den Dan

Fuzzy math?


51 posted on 07/02/2015 7:13:45 AM PDT by Bobby_Taxpayer
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To: PROCON

The chocolate ration has been raised to ten grams.


52 posted on 07/02/2015 7:13:50 AM PDT by Buckeye McFrog
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To: Bobby_Taxpayer
Fuzzy math?

If Ahmed had three sprigs of arugula, and JaWaan had four sprigs of arugula, and Carmelita had two springs of arugula, how would you feel about that?


53 posted on 07/02/2015 7:15:16 AM PDT by Buckeye McFrog
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To: ilgipper

oh.... because Obama is claiming he’s “rescuing” a Bush “crash.”

(Bush and Democrat Congress crash, to be more precise)


54 posted on 07/02/2015 7:16:13 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: PROCON

“Jobless” rate at 5.3%....people who have opted for SSDI because Obola has destroyed the economy—>10.9%


55 posted on 07/02/2015 7:22:29 AM PDT by Gay State Conservative (Secession;It's The Only Answer)
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To: PROCON

56 posted on 07/02/2015 7:27:35 AM PDT by null and void (What's the bigger danger: the Confederate flag, or the false flag?)
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To: PROCON
I also believe in the Easter Bunny, Santa, Good fairy, Global warming and congress are not a bunch of thieves and criminals. I forgot president oreo being a Christian and a American. If anyone has a bridge out there for sale I need one.
57 posted on 07/02/2015 7:29:20 AM PDT by lostboy61 (Lock and Load and stand your ground!.)
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To: PROCON

58 posted on 07/02/2015 7:29:36 AM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: KC_Conspirator
I live in a Age of Lies.

In a time of universal deceit - telling the truth is a revolutionary act. ~ George Orwell

Be a revolutionary.

59 posted on 07/02/2015 7:30:29 AM PDT by null and void (What's the bigger danger: the Confederate flag, or the false flag?)
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To: skeeter

Those sheep in the media who are praising Hussein, didn’t look at the details:

Of the 873,000 people who dropped from the labor force, only 223,000 found another job in June.

So, those NOT in the labor force INCREASED by 640K in June.
FYI: Those not in the labor force, is at an all time high of 93.626M.

This is how you lower the unemployment rate, despite an additional 640,000 people are no longer working.
You just stop count more and more people out of work to get the percentage rate the White House desires.

http://data.bls.gov/timeseries/LNS15000000


60 posted on 07/02/2015 7:33:16 AM PDT by captaincaveman
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