Moderator: TechJunkie
on Wed Jan 25, 2012 9:08 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
on Wed Jan 25, 2012 9:36 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
on Wed Jan 25, 2012 10:07 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
on Wed Jan 25, 2012 11:27 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
Dade wrote:I can't even bother any more. You're just too full of misinformation to even bother with and too dumb to get it. Go Newt....or Herm.....or The Donald....or whomever you're behind today.
For those interested in reality.....all these numbers are measured using the same method.
on Wed Jan 25, 2012 11:40 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
slamminshaun wrote:Dade, c'mon man, seriously....you're actually posting statistics and charts from Obama's campaign website and calling it "reality"?? That's lower than low. Those statistics and charts you're posting aren't worth the paper they're written on. The "unemployment rate is falling" is pure Obama propoganda and all a matter of perspective....
Both the number of unemployed persons (13.1 million) and the unemployment rate
(8.5 percent) continued to trend down in December. The unemployment rate has
declined by 0.6 percentage point since August. (See table A-1.)
Among the major worker groups, the unemployment rate for adult men decreased
to 8.0 percent in December. The jobless rates for adult women (7.9 percent),
teenagers (23.1 percent), whites (7.5 percent), blacks (15.8 percent), and
Hispanics (11.0 percent) showed little change. The jobless rate for Asians
was 6.8 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks or more) was
little changed at 5.6 million and accounted for 42.5 percent of the unemployed.
(See table A-12.)
The civilian labor force participation rate (64.0 percent) and the employment-
population ratio (58.5 percent) were both unchanged over the month. (See
table A-1.)
The number of persons employed part time for economic reasons (sometimes
referred to as involuntary part-time workers) declined by 371,000 to 8.1
million in December. These individuals were working part time because their
hours had been cut back or because they were unable to find a full-time job.
(See table A-8.)
About 2.5 million persons were marginally attached to the labor force in
December, little different from a year earlier. (The data are not seasonally
adjusted.) These individuals were not in the labor force, wanted and were
available for work, and had looked for a job sometime in the prior 12 months.
They were not counted as unemployed because they had not searched for work in
the 4 weeks preceding the survey. (See table A-16.)
Among the marginally attached, there were 945,000 discouraged workers in
December, a decrease of 373,000 from a year earlier. (The data are not seasonally
adjusted.) Discouraged workers are persons not currently looking for work
because they believe no jobs are available for them. The remaining 1.6 million
persons marginally attached to the labor force in December had not searched for
work in the 4 weeks preceding the survey for reasons such as school attendance or
family responsibilities. (See table A-16.)
Establishment Survey Data
Total nonfarm payroll employment increased by 200,000 in December. Over the
past 12 months, nonfarm payroll employment has risen by 1.6 million. Employment
in the private sector rose by 212,000 in December and by 1.9 million over the
year. Government employment changed little over the month but fell by 280,000
over the year. (See table B-1.)
Employment in transportation and warehousing rose sharply in December (+50,000).
Almost all of the gain occurred in the couriers and messengers industry (+42,000);
seasonal hiring was particularly strong in December.
Retail trade continued to add jobs in December, with a gain of 28,000. Employment
in the industry has increased by 240,000 over the past 12 months. Over the month,
job gains continued in general merchandise stores (+13,000) and in clothing and
clothing accessories stores (+11,000). Employment in sporting goods, hobby, book,
and music stores fell by 10,000.
In December, manufacturing employment expanded by 23,000, following 4 months of
little change. Employment increased in December in transportation equipment
(+9,000), fabricated metals (+6,000), and machinery (+5,000).
Mining employment rose by 7,000 over the month. Over the year, mining added
89,000 jobs.
Health care continued to add jobs in December (+23,000); employment in hospitals
increased by 10,000. Over the year, health care employment has risen by 315,000.
Within leisure and hospitality, employment in food services and drinking places
continued to trend up in December (+24,000). Over the year, food services and
drinking places has added 230,000 jobs.
more...
on Thu Jan 26, 2012 12:24 am
Re: Obama looked Extremely Confident Last Night, GOP not so Much

on Thu Jan 26, 2012 9:36 am
Re: Obama looked Extremely Confident Last Night, GOP not so Much
slamminshaun wrote:Dade, c'mon man, seriously....you're actually posting statistics and charts from Obama's campaign website and calling it "reality"?? That's lower than low. Those statistics and charts you're posting aren't worth the paper they're written on. The "unemployment rate is falling" is pure Obama propoganda and all a matter of perspective....
First of all, we know the unemployment rate is a doctored number that has been redefined in order to distort reality for political gain. To get a true unemployment rate, go to ShadowStats.com, which peels back the calculation to its original definition, before politicans got their hands on it.
Secondly, we know that the employment to population ratio, which is a more reliable method for determining employment trends of a country, has been steadily getting worse all while the unemployment rate is miraculously getting better. Don't even get me started on the birth-death models these statistical magicians use.
Thirdly, a job is not a job is not a job. More important than the unemployment rate is the underemployment rate. High paying jobs have been replaced with low paying service and retail jobs. The destruction of high paying jobs will continue to be a theme in 2012. The jobs being created will be at McDonald's and Walmart. I don't care what politicians say in their speeches, that will be the reality.
This leads to number four, people are no more wealthier today in real terms than 3 years ago....hell, 12 years ago! We have literally witnessed a lost decade, where the best an American can hope for is having the same standard of living he had 10 years ago. Washington and Wall Street are getting wealthy, but the rest of the country is no better off. Paychecks are about the same or slightly decreasing in real terms while everything else....from oil, food, medicine, and insurance, has skyrocketed, along with the debt it now takes to finance it all.
I could go on to points 5, 6, 7, 8.....20. My conclusion is, the overall economy is no better off than 3 years ago...in fact, it's worse. Sure, it feels better, but it felt pretty damn good in 2005 too and we all agree that was an illusion. Sunset is approaching again and the difference this time is the Feds are out of holy water, garlic, and wooden stakes. The symptoms have temporarily been papered over with more debt and the distractions of Europe's mess, but the gimmicks won't last for long.
on Thu Jan 26, 2012 2:51 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
TechJunkie wrote:Our educational system could train people if they were interested. Not enough are. Nobody wants jobs that seem 'hard'.
on Thu Jan 26, 2012 2:52 pm
Re: Obama looked Extremely Confident Last Night, GOP not so Much
icon wrote:Bullshit Dade. All we are adding are Government jobs that the country cannot afford. These jobs are all short term.
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