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BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!

 
Nickadeemus

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05/04/2012 09:53 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
...


i don't what the numbers say. People know it hasn't gotten any better. No jobs, gas and food going up. They can fake the numbers all they want, the people know.
 Quoting: Anonymous Coward 1466124


Everyone I know is doing just fine, in fact slightly better than in '08.

Where do you live where people are so fucking destitute?
 Quoting: Anonymous Coward 9066073



CAN YOU EVEN FUCKING READ???

it is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000.

N% of 301,000,000 (approx population of US) is 88,419,000?

Answer 29.45%

Go pound dirt shill.

Nick®
:foamy:
 Quoting: Nickadeemus


Can YOU EVEN FUCKING READ FAGGOT?

I was clearly responding to a very specific quote, fuckface.
 Quoting: Anonymous Coward 9066073



Alright. I'm gonna lay it out for you real nice and slow. Your assertions that everyone you know is doing fine is a flagrantly ridiculous argument. Here's why. There are 301 million people living right here in the good old US. Since it would be out of the realm of conventional possibility that you know even 1/64th of them I'd say that your "representative" sample is biased and is immediately thrown out of conscious and/or subconscious problem solving merely by mechanism of ludicrous unfounded unsubstantiated bias. So take your monumentally flawed assertions and your condescending tone towards my friend Revbo and shove them up your...

Well I'm just tired now.

Nick®
uninick
Pure Life; Get it on...
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05/04/2012 10:00 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Green Shoots!


Recovery Summer!
Nickadeemus

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05/04/2012 10:02 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Green Shoots!


Recovery Summer!
 Quoting: LunaticFringe



chuckle

Nick®
Goofy Thum

Last Edited by Nickadeemus on 05/04/2012 10:03 AM
Pure Life; Get it on...
ReVbo™Moderator
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05/04/2012 10:05 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Green Shoots!


Recovery Summer!
 Quoting: LunaticFringe



chuckle

Nick®
Goofy Thum
 Quoting: Nickadeemus


Damn! When did it get to be 2009 again?
Anonymous Coward
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05/04/2012 10:06 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
This is odd - wonder where Zazz is today? After aweful economic numbers all week, Dow Plummeted 100 +, and no where near his DOW 15,000 by labor day prediction, its surprising he's not here telling us how great the recovery is.
Anonymous Coward
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05/04/2012 10:10 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
The unemployment rate will fall steadily until election day.
Luisport (OP)

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05/04/2012 10:24 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Major Indexes(Roll over for charts)
Last Change % Chg
DJIA 13093.41 -113.18 -0.86
DJ Transportation Average 5230.13 -54.20 -1.03
DJ Utility Average 468.84 1.64 0.35
DJ Total Stock Market 14387.34 -163.47 -1.12
Nasdaq 2978.39 -45.91 -1.52
Nasdaq 100 2661.95 -42.64 -1.58
S&P 500 1376.47 -15.10 -1.09
S&P 100 626.01 -6.96 -1.10
S&P 400 Mid-Cap 968.21 -12.34 -1.26
S&P 600 Small-Cap 447.85 -5.65 -1.25
NYSE Composite 7964.53 -85.36 -1.06
Russell 2000 797.46 -9.13 -1.13
NYSE Amex Composite 2393.51 -28.79 -1.19
KBW Bank 47.40 -0.74 -1.54
PHLX Gold/Silver 158.17 1.45 0.93
PHLX Housing Sector 130.57 -0.48 -0.37
PHLX Oil Service 226.19 -5.02 -2.17
PHLX Semiconductor 403.28 -3.21 -0.79
* at close
Luisport (OP)

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05/04/2012 10:24 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Major Indexes(Roll over for charts)
Country:Index Last Change % Chg
Stoxx Europe 50 2373.97 -32.93 -1.37
Stoxx Europe 600 253.38 -4.15 -1.61
Euro Stoxx 50 2255.76 -31.34 -1.37
Euro Stoxx 227.99 -3.44 -1.49
Belgium: Bel-20 2172.69 -22.29 -1.02
Denmark: OMX Copenhagen 20* 465.55 6.18 1.35
Estonia: OMX Tallinn* 633.15 -2.57 -0.40
Finland: OMX Helsinki 5488.20 -127.69 -2.27
France: CAC 40 3173.36 -50.00 -1.55
Germany: DAX 6587.86 -106.58 -1.59
Italy: FTSE MIB 13974.09 -144.04 -1.02
Latvia: OMX Riga* 389.60 -1.71 -0.44
Lithuania: OMX Vilnius* 328.52 -2.26 -0.68
Netherlands: AEX 301.62 -4.82 -1.57
Norway: OSE All-Share 468.64 -8.09 -1.70
Portugal: PSI 20 5185.52 6.19 0.12
Russia: DJ Russia Titans 5783.17 -211.45 -3.53
Spain: IBEX 35 6852.70 0.80 0.01
Sweden: OMX Stockholm 324.34 -8.70 -2.61
Switzerland: Swiss Market 6056.20 -41.48 -0.68
UK: FTSE 100 5671.12 -95.43 -1.65
UK: FTSE 250 11200.93 -282.38 -2.46
UK: FTSE AIM All-Share 765.31 -9.18 -1.19
* at close
Anonymous Coward
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05/04/2012 10:30 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
I dropped out of the USA over three years ago and I'm not counted.
Luisport (OP)

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05/04/2012 10:40 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Treasury 10-Yr Yield Falls Below 1.88%, Lowest Since Feb.
Anonymous Coward
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05/04/2012 10:44 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Where is Zazz to win ding wang foek

dong
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05/04/2012 10:45 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Treasury 10-Yr Yield Falls Below 1.88%, Lowest Since Feb.
 Quoting: Luisport


Good thing nobody has any savings left, or they'd be pissed their money is earning almost zero interest. /sarc
Anonymous Coward
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05/04/2012 10:48 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
And what kind of jobs are those 115K. Some good jobs but most are low paying with little or no benefits.
Anonymous Coward
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05/04/2012 10:48 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Treasury 10-Yr Yield Falls Below 1.88%, Lowest Since Feb.
 Quoting: Luisport


luis

it is like pravda in russia.everybody in ussr knew pravda stories were false.same with western world's media.People are niticing there is no correlation between news and reality.
the case shiller index,DOW,UE numbers are fraud and are on the way of becoming irrelevant.
Who the fuck is going to look at stock market index and UE numbers to search a job? Everybody knows those numbers are fabricated
Luisport (OP)

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05/04/2012 10:49 AM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
all EURUSD gains lost! [link to www.freestockcharts.com]
Anonymous Coward
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05/04/2012 10:52 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Don't worry Communism is going to save the day, the ygot that new Red Zone in the Chicago Area. Coming to a town near you!

More aptly what they will role out is Fascist, Socialism in the rual areas and Fascist, Communism at the National Level. The individual states will be provided a choice Socialism or Communism, isn't Democracy great??
Anonymous Coward
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05/04/2012 10:58 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
But of course they don't factor in all the people who just gave up looking for work, so no longer count as being unemployed.
 Quoting: Anonymous Coward 15479974


i don't what the numbers say. People know it hasn't gotten any better. No jobs, gas and food going up. They can fake the numbers all they want, the people know.
 Quoting: Anonymous Coward 1466124


Everyone I know is doing just fine, in fact slightly better than in '08.

Where do you live where people are so fucking destitute?
 Quoting: Anonymous Coward 9066073



CAN YOU EVEN FUCKING READ???

it is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000.

N% of 301,000,000 (approx population of US) is 88,419,000?

Answer 29.45%

Go pound dirt shill.

Nick®
:foamy:
 Quoting: Nickadeemus


Do you truly understand how that number is calculated? Does the fact that the labor force participation rate has never been above 70% mean anything to you? That means the non-participation rate has never been less than 30%

Not even missing the point that your numbers are wrong. No. Even putting that aside. The real non participation rate is 36.5% not 29.45%

The labor force non participation rate includes high school students 16 and over, stay at home moms, people so rich that they don't have to work, college students that don't work because they are in school full time, people that retire before the age of 65. Many retire at 62. And then .... FINALLY...The unemployed. The fact that you didn't know this and didn't care to look it up before spouting your nonsense just proves how much of a gullible sheep you are. baaaaah
Ijustforgotit

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05/04/2012 10:58 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
This made me sick... The government is allowing our economy to bleed dry... think of 4.2Billion extra dollars per year being put into free energy or education

Thread: SOMETHING WE ALL SHOULD KNOW:illegal immigrants stealing BILLIONS of dollars and the IRS knows it
Anonymous Coward
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05/04/2012 11:08 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
all this Number means is the last time the economy was this bad was in 1981. WE ALREADY KNEW THAT.
DoorBert

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05/04/2012 11:09 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Bill Gross, manager of the world’s largest mutual fund, said U.S. unemployment is now a structural, and not cyclical, problem stemming from technology advances and the lack of retraining.

“Jobs are being structurally destroyed,” Gross said in an interview today with Ken Prewitt and Tom Keene on Bloomberg Radio’s “Bloomberg Surveillance.” Employment figures released today reflect “the inability of the U.S. economy to provide jobs.”

[link to www.bloomberg.com]
Anonymous Coward
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05/04/2012 11:12 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith


How do you give up?

What do you do? Steal? Just die?

How can you NOT look for work anymore?
Anonymous Coward
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05/04/2012 11:22 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
.




you can't trust any of these numbers.


real unemployment is more like 25% and has been for awhile.





.
Anonymous Coward
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05/04/2012 11:24 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
.




you can't trust any of these numbers.


real unemployment is more like 25% and has been for awhile.





.
 Quoting: Anonymous Coward 14703791


pravda tard
Anonymous Coward
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05/04/2012 11:38 AM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Markets bashed today! If the new jobs reports don't tell you what Obama is trying to do to America then your an idiot or an enemy to freedom. Better prep people because this summer it it!
Lady Jane SmithModerator
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05/04/2012 12:22 PM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith



BLS=Bullshit Labor Statistics. According to the government we are in a "recovery", there's no fallout from Fukushima, and the war on terror is over. U-6 (unpublished) labor unemployed number is @ 14.6%. The discrepancy is such that if I were a auditor I would cease and desist the labor department's book-keeping department and force the duties of tally on the Mickey Mouse Book Club. At least then I wouldn't be pissed every time a completely massaged number was vomited onto the public forum of propaganda. Morning M'Lady. And how art thou this fine shiny morn? You're beauty is wonderous in the morning hues of sun-swept fire. Makes me wanna river-dance.

Nick®
nickcute
 Quoting: Nickadeemus


Afternoon, Nick! Just finished working the bee hives this morning.

eyebat
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.
Killer Bunny
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05/04/2012 12:25 PM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith



BLS=Bullshit Labor Statistics. According to the government we are in a "recovery", there's no fallout from Fukushima, and the war on terror is over. U-6 (unpublished) labor unemployed number is @ 14.6%. The discrepancy is such that if I were a auditor I would cease and desist the labor department's book-keeping department and force the duties of tally on the Mickey Mouse Book Club. At least then I wouldn't be pissed every time a completely massaged number was vomited onto the public forum of propaganda. Morning M'Lady. And how art thou this fine shiny morn? You're beauty is wonderous in the morning hues of sun-swept fire. Makes me wanna river-dance.

Nick®
:nickcute:
 Quoting: Nickadeemus


Afternoon, Nick! Just finished working the bee hives this morning.

eyebat
 Quoting: Lady Jane Smith


Do you ever offer an opinion of value?

loser
Lady Jane SmithModerator
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05/04/2012 12:29 PM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith


How do you give up?

What do you do? Steal? Just die?

How can you NOT look for work anymore?
 Quoting: Anonymous Coward 15518549


Some are homeless, some turn to crime, some move in with family ... sadly, some suicide. Some find other ways of tapping the public dole.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.
Killer Bunny
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith



BLS=Bullshit Labor Statistics. According to the government we are in a "recovery", there's no fallout from Fukushima, and the war on terror is over. U-6 (unpublished) labor unemployed number is @ 14.6%. The discrepancy is such that if I were a auditor I would cease and desist the labor department's book-keeping department and force the duties of tally on the Mickey Mouse Book Club. At least then I wouldn't be pissed every time a completely massaged number was vomited onto the public forum of propaganda. Morning M'Lady. And how art thou this fine shiny morn? You're beauty is wonderous in the morning hues of sun-swept fire. Makes me wanna river-dance.

Nick®
nickcute
 Quoting: Nickadeemus


Afternoon, Nick! Just finished working the bee hives this morning.

eyebat
 Quoting: Lady Jane Smith


Do you ever offer an opinion of value?

loser
 Quoting: Anonymous Coward 15520226


Jane is one of the best economic minds we have at this place, noob. Sometimes, she likes to say hi. Is that alright with you?

Last Edited by Revbo™ on 05/04/2012 12:30 PM
Anonymous Coward
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05/04/2012 12:32 PM
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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
Number of people not in the work force does not equal the number of unemployed. Sure, they're probably tampering with the unemployment figures by using the "outside of work force" trick, but it includes all of the population, not just those who are considered suitable for labor.
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05/04/2012 12:32 PM

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Re: BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!
8.1%

Clearly more & more people are maxing bennies, falling off rolls, or flat out giving up.

Only explanation for such a miss in jobs creation, but yet a lower percentage unemployed. I just hope most regular folks connect the dots on those numbers.
 Quoting: Lady Jane Smith



BLS=Bullshit Labor Statistics. According to the government we are in a "recovery", there's no fallout from Fukushima, and the war on terror is over. U-6 (unpublished) labor unemployed number is @ 14.6%. The discrepancy is such that if I were a auditor I would cease and desist the labor department's book-keeping department and force the duties of tally on the Mickey Mouse Book Club. At least then I wouldn't be pissed every time a completely massaged number was vomited onto the public forum of propaganda. Morning M'Lady. And how art thou this fine shiny morn? You're beauty is wonderous in the morning hues of sun-swept fire. Makes me wanna river-dance.

Nick®
nickcute
 Quoting: Nickadeemus


Afternoon, Nick! Just finished working the bee hives this morning.

eyebat
 Quoting: Lady Jane Smith


Do you ever offer an opinion of value?

loser
 Quoting: Anonymous Coward 15520226


Jealous? Palms still hairy??

:Momma Said:
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.
Killer Bunny


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