Unemployment rate?
 

CBS News stated that 11 million people (not included in the unemployment rate of 8.3%) are either under-employed or got so discouraged that "they dropped out of the job market." Dropped out???

Why won't they just say that "11 million people are no longer counted because they've lost their unemployment benefits and still can't find a job?" The truth.

This brings the unemployment rate up to about 10% intstead of 8.3%. And this is a good number?? 10%???

Jobs numbers give Obama reason to smile - Political Hotsheet - CBS News

That is how to do it. If the statistics don't show what you want to show - make up your own statistics.

And the stock market didn't really close at 12,862 yesterday, highest since May 2008.

Did you watch the link that I provided???:ohdear:

http://www.cbsnews.com/8301-503544_1...ason-to-smile/

And was I talking about the stock market?

Political manipulation of national statistics by either party may providing talking points for their political campaigns but does little in effecting sound solutions. Ask any lawyer and he will tell you that juries can pretty much tolerate most misgivings concerning a witness but they can't and won't tolerate or forgive a liar for obvious reasons. This primrose path politicians are leading us all on is creating a quagmire for American stability.

I for one have expressed, in writing, my anger and disappointment everytime a politician is caught in a lie.

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low


http://"http://www.prisonplanet.com/...year-low.html"

Republican Hate Good News
 

Republicans just hate good news. Virtually every economist on the planet said Friday's numbers were a very positive employment report from almost any angle. The unemployment rate has fallen five months in a row, the first time that has happened since 1994. Of course you probably didn't hear that on Fox News or in The Villages Daily Sun or from the republican leadership in the house.

Because of optimism about the economy, the jobs report triggered a spasm of buying on Wall Street.

We can only imagine how much lower the unemployment rate would be if the republican house would pass President Obama's jobs bill.

janmcn: "Republicans just hate good news"....No Republicans, in fact most reasonable people must prefer factual and supportable data. It has become commonplace/habitual for Obama and his Administration to promulgate misinformation. The simple fact is that so many good people have totally given up looking for employment that they have been removed from the unemployment statistics. Further if the economy does not begin to rebound some of these folks whol have been out of work for so long will have lost their sellable skills...and unfortunately it goes downward from there.

Finally not wanting to appear selfish. I want Obama to succed because my life savings are bing hammered and the less risky investments CD, etc don't pay interest because the Fed has mis-manipulated monetary policy much too long. The "average Joe" is taking a licking and we won't be able to keep on ticking much longer

You don't call the Labor Department a purveyor of factual and supportable data? Did it ever occur to you that many of the long term unemployed have succombed to starvation since republicans refuse to extend unemployment benefits? Since when did republicans ever worry about the long term unemployed?

The stock market has gone from 8000 in 2009 to 12,862 yesterday. I can't comment on the Fed. I'm not an economist.

You are right on the DOL and in fact can extend that same criticism to many other government agencies.

However, from my point of view republicans are very concerned about unemployment as the paramount creatorrs of jobs they are very interested in staffing their business with quality and suficient number of employees to ensure the success of their ventures. Whereas Democrats have historical increased the welfare state since the FDR days Johnsson, Carter, Clinton, Obama.....I opine you decide

[QUOTE=Guest;448833] Did it ever occur to you that many of the long term unemployed have succombed to starvation since republicans refuse to extend unemployment benefits?[/QUOTE]

Ummm...aren't you talking about the exact same group of people that I was referring to in my original post?

The long-term unemployed people who are no longer eligible to collect unemployment so they are not counted in the unemployment statisitics?

The same group of people that the Buggy one claimed that I was "making up statistics on"?

Former Labor Secretary Elaine Chao says, “Real Unemployment Numbers Are Double. All of us have friends or family members who have been unemployed so long they don’t show up on the government indicators. Those only track NEW unemployment claims."

Wow! If your life savings are being hammered as badly as you suggest try one of the following:

1) Fire your investment manager and hire one who knows what he's doing

2) If you are managing your own investments, stop immediately and hire someone who knows what he/she is doing.

The Myth of Starving Americans
 

[quote=ceejay;448844]Hunger the third rail in the entitlement debate. Few candidates Democrat, Republican or Indepndent would even question this conventional wisdom on this particular issue because that would make them look indifferent .............

The US government spends close to $1 trillion a year providing cash, food housing medical care and services to the poor or near poor. Of that amount $111 billion is spent on food in federal and state programs. yet despite spending stories of rampart hunger persist.. In a published report last September by the Heritage Foundation researchers Robert Rector and Rachel Sheffield ....found that according to the Census Bureau data for 2009 (the most recent statistics available) of the almost 50 million Americans classified as poor 96% of the parents said their children were never hungry. Eighty -three percent of poor families reported having enough to eat and 82% of poor adults said they were never hungry at anytime during 2009 due to lack of food or money

The Myth of Starving Americans by Warren Kozak, author WSJ Monday 1/30/12

[quote=rubicon;448864]Truthfully, Rubicon...I didn't take the "succombing to starvation" literally.

My thoughts are just about the actual number of unemployed in our country and how inaccurate the reporting is.

I certainly can tell what the talking points were on Fox News today; Don't give President Obama any credit at all; keep talking about the poor long term unemployed. The republicans haven't given a fig about the long term unemployed for the last three years, but suddenly they've turned into bleeding heart liberals shedding crocodile tears for the long term unemployed. Where were they when it came time to extend long term unemployment benefits?