Godlike Productions - Conspiracy Forum
Users Online Now: 1,926 (Who's On?)Visitors Today: 960,994
Pageviews Today: 1,207,634Threads Today: 196Posts Today: 4,226
09:46 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

GREAT NEWS: The Unemployment rate continues to drop

 
Anonymous Coward
02/03/2012 09:58 PM
Report Abusive Post
Report Copyright Violation
GREAT NEWS: The Unemployment rate continues to drop
Since August of 2011 the U3-Unemployment rate has continued to decrease, and since September of 2011 the U6-Unemployment rate has also continued to decrease. While an 8.3% U3-Unemployment rate is still a little high, it appears as though the employment situation in the U.S. is getting better. Many of you were claiming that the seasonally adjusted U3-Unemployment rate would increase for the month of January because you were, and still are, unwilling to accept the fact that the U.S. economy is currently in the expasionary phase of the business cycle---FYI, real GDP growth has been positive since Q3 2009. Those of you who have a manufacturing fetish will never be satisfied with any government figures that do not perpetuate your preconceived notions about what drives a macroeconomy. I understand that some of you would like nothing more than President Obama to fail, which is fine as everyone is entitled to his or her opinion, but things are beginning to look better and it's time to find some other reason to despise him. It's time for you guys to wake up and smell the recovery. goodnewscoffee4

BLS report (pdf format): [link to www.bls.gov]

Here is a graph of both the U3 and U6 unemployment rate since President Obama took office.

:jan12u3u6:



Seasonally adjusted unemployment (U3) by race

Things are beginning to look better for everyone no matter what their race is. Black unemployment is still extremely high, and hopefully many of those currently unemployed will find full-time unemployment in the near future. Minorities make up a fairly high proportion of individuals receiving government assistance and as more of them begin to reenter the labor force, their dependence on government aid will decrease. I am a firm believer in allowing individuals to receive government aid during recessionary periods---the middle class and the poor have a larger marginal propensity consume.

:jan12ubyrace:

:jan12uboxplot:







(Screenshots of code is included to show that the data was not manipulated)



:jan12racedataset:
:jan12coderacebox:
:jan12coderacetim:
Anonymous Coward
User ID: 8168738
United States
02/03/2012 10:19 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Does that mean I don't get the job delousing dissidents at the camps after all?
Anonymous Coward
User ID: 1121444
United States
02/03/2012 10:23 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
8.3% Unemployment? sheepsheeprofljerkitpropoganda
last one
I just don't give a fuck

User ID: 8910120
United States
02/03/2012 10:24 PM

Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits, and the ones who have said fuck it, and quit looking. Don't OD on that Obama koolaid!
Anonymous Coward
User ID: 10136257
United States
02/03/2012 10:34 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits, and the ones who have said fuck it, and quit looking. Don't OD on that Obama koolaid!
 Quoting: last one


Exactly! When you have an unprecedented 1.2 million person reduction in the labor force a loss of half a million jobs can appear to be an increase in the level of employment. Nothing has changed. There is no recovery.
CrazyJarhead

User ID: 1498716
United States
02/03/2012 10:35 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
jailbirds
Pearl Harbor was an inside job.
MacElroy

User ID: 1117015
United States
02/03/2012 10:38 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits, and the ones who have said fuck it, and quit looking. Don't OD on that Obama koolaid!
 Quoting: last one


Exactly! When you have an unprecedented 1.2 million person reduction in the labor force a loss of half a million jobs can appear to be an increase in the level of employment. Nothing has changed. There is no recovery.
 Quoting: Anonymous Coward 10136257


THIS
Anonymous Coward
User ID: 5710881
United States
02/03/2012 10:38 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
I ain't got no job.
Future Viewer

User ID: 9662404
United States
02/03/2012 10:58 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Since August of 2011 the U3-Unemployment rate has continued to decrease, and since September of 2011 the U6-Unemployment rate has also continued to decrease. While an 8.3% U3-Unemployment rate is still a little high, it appears as though the employment situation in the U.S. is getting better. Many of you were claiming that the seasonally adjusted U3-Unemployment rate would increase for the month of January because you were, and still are, unwilling to accept the fact that the U.S. economy is currently in the expasionary phase of the business cycle---FYI, real GDP growth has been positive since Q3 2009. Those of you who have a manufacturing fetish will never be satisfied with any government figures that do not perpetuate your preconceived notions about what drives a macroeconomy. I understand that some of you would like nothing more than President Obama to fail, which is fine as everyone is entitled to his or her opinion, but things are beginning to look better and it's time to find some other reason to despise him. It's time for you guys to wake up and smell the recovery. goodnewscoffee4

BLS report (pdf format): [link to www.bls.gov]

Here is a graph of both the U3 and U6 unemployment rate since President Obama took office.

:jan12u3u6:



Seasonally adjusted unemployment (U3) by race

Things are beginning to look better for everyone no matter what their race is. Black unemployment is still extremely high, and hopefully many of those currently unemployed will find full-time unemployment in the near future. Minorities make up a fairly high proportion of individuals receiving government assistance and as more of them begin to reenter the labor force, their dependence on government aid will decrease. I am a firm believer in allowing individuals to receive government aid during recessionary periods---the middle class and the poor have a larger marginal propensity consume.

:jan12ubyrace:

:jan12uboxplot:







(Screenshots of code is included to show that the data was not manipulated)



:jan12racedataset:
:jan12coderacebox:
:jan12coderacetim:
 Quoting: Wonkish


if its an "Asso"CIA"ted News Press" release on Unemployment as far as going down its all bogus.

clappa
The Real "Kronos"..(1957 Movie)
IS-BE

User ID: 6788562
United States
02/03/2012 11:01 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Great post Wonkish!

applause2
Anonymous Coward
User ID: 1369256
United States
02/03/2012 11:04 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
You are blind dumb and deaf if you think the American people fall for this stuff.

All lies and messing with numbers.
Anonymous Coward
User ID: 1183343
United States
02/03/2012 11:16 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Antarctica has zero unemployment. Let's all move there.
Anonymous Coward
User ID: 8572855
United States
02/03/2012 11:18 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Large portion of the decline is part time and seasonal hires. Open your mind and think.
Anonymous Coward
User ID: 1366653
United States
02/03/2012 11:26 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
If they posted the true numbers, the rate would be around 18%-20%. But, if they did that the sheeple would awake and storm the capital.

Your "GREAT NEWS", is no news....just the Government jerkit the American people, once again.
Anonymous Coward
02/03/2012 11:26 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
If they posted the true numbers, the rate would be around 18%-20%. But, if they did that the sheeple would awake and storm the capital.

Your "GREAT NEWS", is no news....just the Government jerkit the American people, once again.
 Quoting: Anonymous Coward 1366653


Where are you getting this 18-20%?
Debauchery

User ID: 5892134
United States
02/03/2012 11:29 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
cruise
And the LORD spake, saying, "First shalt thou take out the Holy Pin, then shalt thou count to three, no more, no less. Three shall be the number thou shalt count, and the number of the counting shall be three. Four shalt thou not count, neither count thou two, excepting that thou then proceed to three. Five is right out. Once the number three, being the third number, be reached, then lobbest thou thy Holy Hand Grenade of Antioch towards thy foe, who being naughty in My sight, shall snuff it." Amen.
Anonymous Coward
02/03/2012 11:31 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits
 Quoting: last one


FAIL!

UI has zero impact on the unemployment rate
Anonymous Coward
02/03/2012 11:33 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Large portion of the decline is part time and seasonal hires. Open your mind and think.
 Quoting: Anonymous Coward 8572855


FAIL

1) The rate is seasonally adjusted

2) Part time workers are not counted in the U3-rate
CrazyJarhead

User ID: 1498716
United States
02/03/2012 11:33 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits
 Quoting: last one


FAIL!

UI has zero impact on the unemployment rate
 Quoting: Wonkish


Not true. Once the benefits run out, they stop counting them. That's how they've been able to drop the rate.
Pearl Harbor was an inside job.
Anonymous Coward
02/03/2012 11:33 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
Great post Wonkish!

applause2
 Quoting: IS-BE


hf
Anonymous Coward
02/03/2012 11:34 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits
 Quoting: last one


FAIL!

UI has zero impact on the unemployment rate
 Quoting: Wonkish


Not true. Once the benefits run out, they stop counting them. That's how they've been able to drop the rate.
 Quoting: CrazyJarhead


No, you are mistaken. The Unemployment rate is determined via telephonic survey, and the BLS does not rely on UI numbers.
CrazyJarhead

User ID: 1498716
United States
02/03/2012 11:36 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
It's because they don't count the ones who have maxed on unemployment benefits
 Quoting: last one


FAIL!

UI has zero impact on the unemployment rate
 Quoting: Wonkish


Not true. Once the benefits run out, they stop counting them. That's how they've been able to drop the rate.
 Quoting: CrazyJarhead


No, you are mistaken. The Unemployment rate is determined via telephonic survey, and the BLS does not rely on UI numbers.
 Quoting: Wonkish


Traditionally but the BLS has stopped counting people that don't have benefits. They've been added to the ones they consider "no longer in the workforce."
Pearl Harbor was an inside job.
Anonymous Coward
02/03/2012 11:38 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
...


FAIL!

UI has zero impact on the unemployment rate
 Quoting: Wonkish


Not true. Once the benefits run out, they stop counting them. That's how they've been able to drop the rate.
 Quoting: CrazyJarhead


No, you are mistaken. The Unemployment rate is determined via telephonic survey, and the BLS does not rely on UI numbers.
 Quoting: Wonkish


Traditionally but the BLS has stopped counting people that don't have benefits. They've been added to the ones they consider "no longer in the workforce."
 Quoting: CrazyJarhead


"Some people think that to get these figures on unemployment, the Government uses the number of persons filing claims for unemployment insurance (UI) benefits under State or Federal Government programs. But some people are still jobless when their benefits run out, and many more are not eligible at all or delay or never apply for benefits. So, quite clearly, UI information cannot be used as a source for complete information on the number of unemployed.

Other people think that the Government counts every unemployed person each month. To do this, every home in the country would have to be contacted—just as in the population census every 10 years. This procedure would cost way too much and take far too long. Besides, people would soon grow tired of having a census taker come to their homes every month, year after year, to ask about job-related activities.

Because unemployment insurance records relate only to persons who have applied for such benefits, and since it is impractical to actually count every unemployed person each month, the Government conducts a monthly sample survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country. The CPS has been conducted in the United States every month since 1940, when it began as a Work Projects Administration project. It has been expanded and modified several times since then. For instance, beginning in 1994, the CPS estimates reflect the results of a major redesign of the survey. (For more information on the CPS redesign, see Chapter 1, "Labor Force Data Derived from the Current Population Survey," in the BLS Handbook of Methods.)"


[link to www.bls.gov]
CrazyJarhead

User ID: 1498716
United States
02/03/2012 11:39 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
...


Not true. Once the benefits run out, they stop counting them. That's how they've been able to drop the rate.
 Quoting: CrazyJarhead


No, you are mistaken. The Unemployment rate is determined via telephonic survey, and the BLS does not rely on UI numbers.
 Quoting: Wonkish


Traditionally but the BLS has stopped counting people that don't have benefits. They've been added to the ones they consider "no longer in the workforce."
 Quoting: CrazyJarhead


"Some people think that to get these figures on unemployment, the Government uses the number of persons filing claims for unemployment insurance (UI) benefits under State or Federal Government programs. But some people are still jobless when their benefits run out, and many more are not eligible at all or delay or never apply for benefits. So, quite clearly, UI information cannot be used as a source for complete information on the number of unemployed.

Other people think that the Government counts every unemployed person each month. To do this, every home in the country would have to be contacted—just as in the population census every 10 years. This procedure would cost way too much and take far too long. Besides, people would soon grow tired of having a census taker come to their homes every month, year after year, to ask about job-related activities.

Because unemployment insurance records relate only to persons who have applied for such benefits, and since it is impractical to actually count every unemployed person each month, the Government conducts a monthly sample survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country. The CPS has been conducted in the United States every month since 1940, when it began as a Work Projects Administration project. It has been expanded and modified several times since then. For instance, beginning in 1994, the CPS estimates reflect the results of a major redesign of the survey. (For more information on the CPS redesign, see Chapter 1, "Labor Force Data Derived from the Current Population Survey," in the BLS Handbook of Methods.)"


[link to www.bls.gov]
 Quoting: Wonkish


Thanks for posting government propaganda but that doesn't address my contention.
Pearl Harbor was an inside job.
Anonymous Coward
User ID: 1089601
United States
02/03/2012 11:47 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
If they posted the true numbers, the rate would be around 18%-20%. But, if they did that the sheeple would awake and storm the capital.

Your "GREAT NEWS", is no news....just the Government jerkit the American people, once again.
 Quoting: Anonymous Coward 1366653


Where are you getting this 18-20%?
 Quoting: Wonkish


[link to www.shadowstats.com]

From an independent analyst. (read: not a gov.org that needs to perpetuate the status quo)

That's pathetic that you haven't researched any opposing view points. However, it's pathetically typical for you 0bots. That kool-aid's gotta be getting old by now.

How long until you free yourself from their slavery?
How long can you accept servitude while labeling it freedom?
If you fail to free your mind now, you'll die in slavery; never questioning why you're shackled or the commands of the overseer.

Pathetic and contemptible.
Anonymous Coward
User ID: 1089601
United States
02/03/2012 11:54 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
"We have examined the nuance of the euphoric jobs data this morning from every angle and by now there should be plenty of 'information' for investors to make their own minds up on its credibility. However, the avuncular CEO of TrimTabs, who despite channeling Lewis Black lately, likely knows this data a little better than the average Jim on the street having collected tax witholdings data for the past 14 years, is modestly apoplectic at the adjustments. In one of his more colorful episodes, and rightfully so, Charles Biderman notes that "Either there is something massively changed in the income tax collection world, or there is something very, very suspicious about today’s BLS hugely positive number," adding, "Actual jobs, not seasonally adjusted, are down 2.9 million over the past two months. It is only after seasonal adjustments – made at the sole discretion of the Bureau of Labor Statistics economists – that 2.9 million fewer jobs gets translated into 446,000 new seasonally adjusted jobs." A 3.3 million "adjustment" solely at the discretion of the BLS? And this from the agency that just admitted it was underestimating the so very critical labor participation rate over the past year? Finally, Biderman wonders whether the BLS is being pressured during an election year to paint an overly optimistic picture by President Obama’s administration in light of these 'real unadjusted job change' facts. Frankly, in light of recent discoveries about the other "impartial" organization, the CBO, we don't think there is any need to wonder at all."
---SNIP-- rest of the article at the link
[link to www.zerohedge.com]

Well worth the read.
Anonymous Coward
User ID: 1089601
United States
02/03/2012 11:55 PM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
[link to www.zerohedge.com]

For all the chart porn junkies out there.
Anonymous Coward
User ID: 1089601
United States
02/04/2012 12:00 AM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
[link to www.newsmax.com]

[link to www.sodahead.com]

[link to www.kitcomm.com (secure)]
^^^^
"Employment up over 243,000 in Jan but many believe that unemployment rate is at 22% which it would be if they used figures as they did in 1994."
Anonymous Coward
User ID: 8627533
United States
02/04/2012 12:02 AM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
lol, it's so funny how the markets jumped today and people are jumping and shouting because unemployment is dropping

Let me remind you of something


People are getting paid less and working more hours these days

The price of everything is going up still

I am a contractor and everyone I know in the industry is hurting bad. Even though we have work, we are killed with taxes, insurance, desperate people underbidding to get work.

I make enough to pay my current bills, but not enough to pay old debt or to save.


Yes, this is just me, and one industry here....but we are hearing of this news like it's great...yah. Even if unemployment was at 3%, it wouldn't matter. Inflation is high, we have a corrupt system of politics, banking and media....they take everything, and give us a nugget back and we are popping corks on champagne.


This isn't how it's supposed to be....
Anonymous Coward
User ID: 1089601
United States
02/04/2012 12:03 AM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
[link to www.kitcomm.com (secure)]

correct link for the attributed post above.

Another Version of the Truth

There's corroborating evidence that the .gov.inc numbers are bullshit propaganda.

Sorry for spamming the post, once you start digging it's like a drug.
Anonymous Coward
User ID: 5584060
United States
02/04/2012 12:26 AM
Report Abusive Post
Report Copyright Violation
Re: GREAT NEWS: The Unemployment rate continues to drop
New filings has dropped. (because the remainder work or are jobless homeless)

Nobody counts those who's benefits ran out dropped and are jobless. Those figures pile it high and steamy upon the new filing figures.

There are leaps and bounds of jobless without benefits then there are jobless recieving benefits.

News