Anyone else skeptical about the unemployment numbers

[jmac00]

The U.S. unemployment rate unexpectedly declined in January, suggesting the labor market may be coming out of its worst downturn in decades. At the same time, Labor Department data Friday showed the economy continued to shed jobs while revisions painted a bleaker picture for 2009, casting doubt over the jobs market's strength.

what? how does that work???

The unemployment rate fell to 9.7% last month--as 541,000 new jobs were created--from an unrevised 10% in December, the Department's household survey showed Friday. Economists surveyed by Dow Jones Newswires had forecast the jobless rate would edge higher to 10.1%.

I don't get it? I must be one of those dumbass, redneck Republicans

someone what to clarify how the government works these numbers :patriot:

[Jwise]

It takes a redneck with some good sense to see how messed up the reports are. The decline probably just reflects how many people have just given up and are no longer looking for work.

[Hugh B]

The U.S. unemployment rate unexpectedly declined in January, suggesting the labor market may be coming out of its worst downturn in decades. At the same time, Labor Department data Friday showed the economy continued to shed jobs while revisions painted a bleaker picture for 2009, casting doubt over the jobs market's strength.

what? how does that work???

The unemployment rate fell to 9.7% last month--as 541,000 new jobs were created--from an unrevised 10% in December, the Department's household survey showed Friday. Economists surveyed by Dow Jones Newswires had forecast the jobless rate would edge higher to 10.1%.

I don't get it? I must be one of those dumbass, redneck Republicans

someone what to clarify how the government works these numbers :patriot:

They changed the method of counting the jobless. Tea Party attenders and conservative republicans are not counted any longer. The democrats don't consider them actual Americans so if they are out of work they are not included in the jobless rate.

If this new accounting method does not continue to cause a drop in the jobless rate other groups of people will be added to the "Do Not Count" list.

:)

[RoBoTeq]

We just went over this last month. It was determined that not everyone without a job is considered in the unemployment figures.

[wolfstrike]

when people no longer qualify for benefits they fall off the rolls, doesn't mean they went back to work

[Hugh B]

Oh, I get how this is going to work now. The objective is to drop the jobless numbers.

So, when the entire country has been out of work long enough we will has a zero jobless rate.

[Jwise]

They changed the method of counting the jobless. Tea Party attenders and conservative republicans are not counted any longer. The democrats don't consider them actual Americans so if they are out of work they are not included in the jobless rate.

If this new accounting method does not continue to cause a drop in the jobless rate other groups of people will be added to the "Do Not Count" list.

:)

LOL at least I haven't heard we are terrorists lately.

[bootlen]

LOL at least I haven't heard we are terrorists lately.

Not yet, anyway.

[6010]

Just curious. What would you guys do to help unemployment, knowing everything you pick up is made in China ? I make it a habit now of looking at everything I buy to see where it is made. I want to buy American but can't find much. As long as American Corporations send all their work over seas for the all mighty dollar, there is no one person in this country that can change that, not George Bush, not Obama, and not Sara Palin.

At the current standard of living the American worker can't compete in a global economy with a work force that doesn't even have the luxury of toilet paper. What really surprises me is that it took this long for the $hit to hit the fan.

I don't consider myself a Republican or a Democrat. I consider myself a realist. The way I see it is that in this global economy the American standard of living will be lowered, and the third world standard of living will rise, until equilibrium is reached.

For years I read that the young people who were entering the job market at this time would have it made. All the baby boomers like myself would be leaving the work force, and there would be a myriad of jobs for the young work force to choose from. I guess you can see it didn't work out that way.

What really makes me mad is that young people today that are trying to get an education have to take out student loans that sometimes have an interest rate of over 20 percent. The Mafia isn't even audacious enough to charge a rate like that in their loan sharking business. I was lucky enough to get some jobs that enabled me to send both of my children to college without them having to borrow a bunch of money that would keep them in debt the rest of their lives paying it back, and for that I am eternally grateful.

When I was in the Army, Germany was my second duty station. I was stationed in Berlin. This was in 1971 and 72. A German could go to the University of Berlin if he passed the required test for free. I, as an American soldier, could go to the same University for free, but I would have had to pay for my books. I think this country needs its A$$ kicked for making it so hard for young people to get an education.

Well I guess I will get off my soap box. I have had about a 1/2 a qt. of Seagram's and 6 or 8 Budweisers. I think I will go to sleep before I make somebody mad. : ) Ya'll have a good week end.

[wolfstrike]

allowing companies to make products in other countries, then sell them here, is the #1 reason for Americans losing jobs.

it really doesn't have anything to do with "the economy"

a "bad economy" just means the rich are not making their projected profits, it doesn't mean a loss either.

this recent loss of work was nothing more than a job purge, companies getting rid of their biggest expense, the employee, for profit.


you'll notice than everything is talked about except for bringing jobs back here.
the government is our biggest enemy.

[timebuilder]

It takes a redneck with some good sense to see how messed up the reports are. The decline probably just reflects how many people have just given up and are no longer looking for work.


Bingo.

[printer2]

allowing companies to make products in other countries, then sell them here, is the #1 reason for Americans losing jobs.

it really doesn't have anything to do with "the economy"

a "bad economy" just means the rich are not making their projected profits, it doesn't mean a loss either.

this recent loss of work was nothing more than a job purge, companies getting rid of their biggest expense, the employee, for profit.


you'll notice than everything is talked about except for bringing jobs back here.
the government is our biggest enemy.

Just had a business meeting up here with about 500 business leaders and someone like the Governor of the Bank of Canada (Equivalent to your Fed.) of the Finance Minister.

Other than the next few years will be lean years the only thing of interest was that he warned them that our Productivity in this last economic period is not making any gains as compared to the US.

So what does that mean?

Basically we are not cutting costs as much. Not making enough profit. Given that physical input costs would be the same (raw materials, we are in a global marketplace) the difference is in labor costs. In other words they are using more people to build a product than the US. (May not actually build something, but provide a service)

So our business men are not as good at dumping employees as those in the US.

I think it is time we rethink what it is we want out of our economy.

[RoBoTeq]

LOL at least I haven't heard we are terrorists lately.
Fortunately, the president's initiatives are being pushed back by members of all party's. If the president were to succeed in the things he wants to do to the U.S., the American people will certainly become terrorists against an O-pressive government.

[coolperfect]

Some of the jobs loss was an overreaction to the march 09 credit lockup,and the failure of Lehman.Companys are now trying to get by with less help,but in time they must hire.

[RoBoTeq]

Some of the jobs loss was an overreaction to the march 09 credit lockup,and the failure of Lehman.Companys are now trying to get by with less help,but in time they must hire.
Really? Do you have anything showing this? Because all I can find is that job losses continue.

[the mojo]

The key element in that report IMO is construction jobs lost. No capitol investments going on those were good paying jobs. And a modest gain in retail jobs. 10 to 14 bucks an hour is no gain but a loss.

[printer2]

The key element in that report IMO is construction jobs lost. No capitol investments going on those were good paying jobs. And a modest gain in retail jobs. 10 to 14 bucks an hour is no gain but a loss.

Not like investors are going to jump into the building of unneeded real estate for a while. Much of the economy was driven by that bubble. Can anybody tell me what kind of jobs are going to take over and replace the construction industry with any kind of growth? And who should drive that growth, government or investors?

[coolperfect]

Really? Do you have anything showing this? Because all I can find is that job losses continue. No,sorry to say this is a matter of opinion,and from talking with people in large companys we service.

[jmac00]

I think it's a combination of things.

First and foremost: NObama maybe just manipulating the numbers to try and convince the American people that "things are getting better". it's just another one his "cheer leading" tactics.

Second: I do believe there are a number of people that have dropped off the unemployment rolls because the emergency unemployment benefits have run out this month.

Third: I think NObama and the Fed is actually slowing our recovery down by interfering with the free market. I think if they let capitalism take it's course we would be well on the way to recovery.
But by manipulating the banks, automotive and health sectors, business's are afraid to hire or grow.

But, that's just my opinion :patriot:

[Tool-Slinger]

What would you guys do to help unemployment,

Send the illegal aliens home, that is going to land somewhere on the high side of 5% of our workforce.

[bootlen]

Get the Kenyan out of the WH; fit Pelosi and Reid with Portland shoes; get the gummint out of the free enterprise market; eliminate taxes from ALL American business, big and small for 1 year; set corporate tax rate at 50% below current rates after that 1 year and leave them there; eliminate the IRS and establish a federal sales tax as an amendment to the Constitution.

[printer2]

STATISTICS Canada's latest monthly reading of the country's employment picture couldn't have provided better news for Manitoba.The labour force survey issued Friday shows the province gained 8,800 jobs in January, including 4,700 new full-time positions. It was by far the biggest month-to-month percentage gain in the country -- 1.4 per cent -- and more than four times the national average of 0.3 per cent.

But Manitoba's chief statistician -- Wilf Falk of the Manitoba Bureau of Statistics -- isn't buying any of it.

"What changed in our economy that would have created 8,400 new jobs last month? It doesn't ring right," Falk said.

"Did we lose 5,600 jobs in December and gain 8,400 last month? Absolutely not. It's imaginary movement."


http://www.winnipegfreepress.com/business/jobs-figures-a-bit-too-bright-83704162.html


Seems numbers are just a snapshot and can be wrong depending where you point your camera. Doubt your numbers are 100% accurate, just a buest guess given the information at hand.

[jmac00]

http://www.winnipegfreepress.com/business/jobs-figures-a-bit-too-bright-83704162.html


Seems numbers are just a snapshot and can be wrong depending where you point your camera. Doubt your numbers are 100% accurate, just a buest guess given the information at hand.

exactly the point of the post :patriot:

[printer2]

[/B]
exactly the point of the post :patriot:

That's French Canadian for best. It rolls off the tongue.

[EarthLoop]

All I know is that for the last 15 years if I put an ad out there for an HVAC tech I would get a bunch of bums knocking at my door that I would never hire..

This has been very frustrating as many fellow business owners know.

I put an ad out there last month and got more responses form qualified people in a week than have have gotten in the previous 15yrs....

Hell I thought about scrapping all my current employees and stating fresh with a new batch!!!

It's tough out there!!