Oh, really?

U.S. changes how it measures long-term unemployment - USATODAY.com

OK, I guess I shouldn't have worded it that way, but my assertion that the actual unemployment rate has not changed in the way it is calculated...is absolutely correct.

What you're conveniently omitting, is what changed...and why.

The change simply goes back further to capture those who have been unemployed for longer than 99 weeks...regarding "long-term unemployment."


Government To Change Way It Counts Long-Term Unemployed – Consumerist


So, in essence, it was even worse under Shrub...than anyone thought.

Thanks for bringing that up. :thumbup:

http://scontent-mia1-1.xx.fbcdn.net/...f1&oe=58C28257

You're welcome. :wave:

Believe this, it wasn't him, he just happened to be there.

Trump got the deal going before taking office have the smarts to call the Ceo at home on TG day

Can you supply a link about that call Trump made ?

I would be interested. I read his Thanksgiving schedule, including his menu, and certainly could have missed it, but did not see it.

I know Pence, even before the campaign was working hard with Carrier.

But in any case, if you could share your source in that phone call it would be appreciated. All I can find is Trump tweet and no reference to any call.

Thanks.

You conveniently forgot to mention that the GM deal you liberals love to tout...cheated GM bond holders.

You're welcome.:D

Let's keep it real. I hope he takes the economy through the roof, but let's not get carried away and let us stick with facts.

"Donald Trump is heading to the White House with a pledge to revive the U.S. economy and put millions of Americans back to work.

Based on the latest economic data, much of that goal has already been accomplished by President Barack Obama. That includes Friday's employment report that showed the unemployment rate had dropped to a nine year low of 4.6 percent."

http://www.cnbc.com/2016/11/30/obama...e-economy.html

"The government's November jobs report is expected on Friday to echo a slew of recent economic data confirming that President-elect Donald Trump will inherit a much sturdier economy than his predecessor did.

Economists have forecast that employers added a solid 174,000 jobs last month and that the unemployment rate remained a low 4.9 percent, according to a survey by data provider FactSet.

Those figures are far healthier than those President Barack Obama encountered after his election eight years ago. In late 2008, the unemployment rate was on its way to a 10 percent peak in October 2009, and employers would go on to eliminate 8.7 million jobs before the bleeding stopped in early 2010. Since then, the economy has added 15 million jobs and enjoyed its fourth-longest expansion ever.

Jobs Data Likely to Confirm Trump Will Inherit Solid Economy - ABC News

His twitter page

Donald J. Trump ‏@realDonaldTrump Nov 24

I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. (Indiana). MAKING PROGRESS - Will know soon!

Then Fox talked about for several days

You are telling me that Fox News said he phoned the CEO of Carrier on Thanksgiving day ?

Cannot find they ever reported that, and to me that is big news.

I will keep checking and use your Fox Report as a basis.

Trumps tweet did not mention any such thing by the way

Nothing in here on that phone call you report

Carrier says it has deal with Trump to keep jobs in Indiana | Fox News

Since you like to quote CNBC, you may appreciate the following quote:

"Most economists look past the official unemployment rate — that 4.9 percent figure, also know as the "U-3" number — to other metrics that provide their own views of the state of jobs."

"One of those figures is something called the U-6 rate, which has a broader definition of what unemployment means. That figure remained unchanged in August, at 9.7 percent."

Currently it is about 9.0 %.

References:
http://www.cnbc.com/2016/09/02/jobs-...ment-rate.html

Current U-6 Unemployment Rate

I'm not teaching naysayers how to use Google unless you're buying the beer

First, I link to WSJ, NYT, Fortune, Economist, or whomever is discussing a current topic, and not, as you imply, just CNBC.

I agree with them, and obviously, you missed my point. Posters were talking as if Obama inherited a great solid economy. He inherited, by ALL economists opinion, a total and complete mess. Check with all the folks who lost homes, retirements, etc and are still struggling.

Campaign is over..Trump is President. No more need to tout anything, just discuss facts.

He IS FACTUALLY inheriting a very much stronger economy.

Can it be improved..sure hope so. So many economists say it cannot show up to 4% GDP growth annually as the new President says. I sure hope he is right. But come on.....compare today to 8 years ago...not even close. Pat whomever you want on the back, but it HAS improved A LOT. Let's hope it keeps going in the same direction at the speed Trump,says.

Smartass remark with no actual facts. Suggest maybe I could teach you, although unlike you, I make no bravado claims. I ASKED you for a link....you have none. End of story.

Are you serious?

Coming from a supporter of the guy who cheats small contractors because he can and has filed bankruptcy numerous times, versus finding a way to protect an entire industry of which millions depend upon...is beyond being a hypocritical partisan hack. :oops:

Which means you've just proved my meme correct...thanks. :thumbup:

http://scontent-mia1-1.xx.fbcdn.net/...f1&oe=58C28257



You're very welcome. :wave:

They cheated EVERYONE...bond holders, stock holders...one day there was a "new" GM with all new owners...the original owners were left with nothing.

It's like one day, the house you paid for, is given to another family while you slept at night. You wake up and it's not your house any more...it was taken from you and given to another.

Corruption.