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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!!!

 
Woot Woot

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05/04/2012 05:14 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!!!
BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%! UPDATE:

It's a miss!

Just 115K new jobs.

That's well below the 160K that was expected.

But unemployment rate fell from 8.2% to 8.1% and last month was revised from a gain of 121K to 166K.

Other key numbers:
The underemployment rate has stayed flat at 14.5%
No improvement in weekly hours.
Average hourly earnings grew 0.2% month over month.

Markets have ticked lower on the news...


Read more: [link to www.businessinsider.com]
 Quoting: Luisport


and Obama and his minions will be saying his plan is working slaphim
Woot Woot

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05/04/2012 05:16 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


If somebody bothered to check Obama's math, they might be surprised
Lady Jane SmithModerator
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05/04/2012 05:28 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


If somebody bothered to check Obama's math, they might be surprised
 Quoting: Woot Woot


What have you found in the numbers?
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.

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Nickadeemus

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05/04/2012 06:16 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!!!
...



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



Afternoon M'Lady. Sorry it took so long to respond. I was at a sales meeting all morning long into the afternoon, so I wasn't around for a good long while. So WTF is up with the AC hounding you about "intelligent" responses? Man, if I had a dime for every dumb ass schtick on this forum, I would be on the sailboat everyday sucking on mai-thais living the dream. I wonder if that douche has ever newb'd his dumb ass over to the advanced search portion of the GLP forum for some research? Hell even easier check out your past threads near the profile section? I'll wager that it all looks like cuneiform to that particular AC. I know it's really hard, but at least he/she could get someone to translate for him/her. Hope you're well. Revbo has been kicking asses and taking names round here and I've been sitting on the curb clapping as he walks by. wink

See you soon.
Nick®
bearhug
 Quoting: Nickadeemus


Hey Nick!

A check on his userid shows the guy has been trolling threads all day. If he wants a recap of my analysis, he will have to research for himself.

Hope the sales meeting went well. Condsidering the length of the conversation, sounds promising.

Hiding 2
 Quoting: Lady Jane Smith


Effin Trolls...The meeting went fabulously. I really feel confident that they are going to buy at least two of my pitches soooo, it looks pretty positive for a NC relocation. At least I wasn't really done un-packing from the last move so I'll just move the boxes and totes again. UGHHH! I'm a cheap bastard so it's gonna be really embarrassing moving pink totes across two states. chuckle See you soon M'Lady.

Nick®
bearhug
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05/04/2012 06:33 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!!!
BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%! UPDATE:

It's a miss!

Just 115K new jobs.

That's well below the 160K that was expected.

But unemployment rate fell from 8.2% to 8.1% and last month was revised from a gain of 121K to 166K.

Other key numbers:
The underemployment rate has stayed flat at 14.5%
No improvement in weekly hours.
Average hourly earnings grew 0.2% month over month.

Markets have ticked lower on the news...


Read more: [link to www.businessinsider.com]
 Quoting: Luisport


^we are in a DEPRESSION. they can try to spin it anyway they want. it does not change the facts. [link to theburningplatform.com]
Anonymous Coward
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05/04/2012 07:02 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!!!
...



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



Afternoon M'Lady. Sorry it took so long to respond. I was at a sales meeting all morning long into the afternoon, so I wasn't around for a good long while. So WTF is up with the AC hounding you about "intelligent" responses? Man, if I had a dime for every dumb ass schtick on this forum, I would be on the sailboat everyday sucking on mai-thais living the dream. I wonder if that douche has ever newb'd his dumb ass over to the advanced search portion of the GLP forum for some research? Hell even easier check out your past threads near the profile section? I'll wager that it all looks like cuneiform to that particular AC. I know it's really hard, but at least he/she could get someone to translate for him/her. Hope you're well. Revbo has been kicking asses and taking names round here and I've been sitting on the curb clapping as he walks by. wink

See you soon.
Nick®
:bearhug:
 Quoting: Nickadeemus


Hey Nick!

A check on his userid shows the guy has been trolling threads all day. If he wants a recap of my analysis, he will have to research for himself.

Hope the sales meeting went well. Condsidering the length of the conversation, sounds promising.

:Hiding 2:
 Quoting: Lady Jane Smith


If you consider your past failure predictions, for going on two years now, your "analysis", I'll pass. Show me one single instance of what you predicted coming true. Not one single time have you been accurate. Greatest economic mind on GLP, my ass. That's just fucking comical.
Anonymous Coward
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05/04/2012 07:04 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!!!
You guys have been wrong more than even the Nibiru-tards, and that's saying something around here.
Nickadeemus

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05/04/2012 07:40 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!!!
...


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

eyebat
 Quoting: Lady Jane Smith



Afternoon M'Lady. Sorry it took so long to respond. I was at a sales meeting all morning long into the afternoon, so I wasn't around for a good long while. So WTF is up with the AC hounding you about "intelligent" responses? Man, if I had a dime for every dumb ass schtick on this forum, I would be on the sailboat everyday sucking on mai-thais living the dream. I wonder if that douche has ever newb'd his dumb ass over to the advanced search portion of the GLP forum for some research? Hell even easier check out your past threads near the profile section? I'll wager that it all looks like cuneiform to that particular AC. I know it's really hard, but at least he/she could get someone to translate for him/her. Hope you're well. Revbo has been kicking asses and taking names round here and I've been sitting on the curb clapping as he walks by. wink

See you soon.
Nick®
bearhug
 Quoting: Nickadeemus


Hey Nick!

A check on his userid shows the guy has been trolling threads all day. If he wants a recap of my analysis, he will have to research for himself.

Hope the sales meeting went well. Condsidering the length of the conversation, sounds promising.

Hiding 2
 Quoting: Lady Jane Smith


If you consider your past failure predictions, for going on two years now, your "analysis", I'll pass. Show me one single instance of what you predicted coming true. Not one single time have you been accurate. Greatest economic mind on GLP, my ass. That's just fucking comical.
 Quoting: Anonymous Coward 12943549


AC the math doesn't lie. There's just no disputing that mathematically we are turtles on our backs screwed. If you're here to incite anger or arguments about failed predictions you are going to be rather busy. Look under 99% of the threads; you'll find a failed prediction. The truth is none of us know WTF is going to happen from one minute to the next, Lady Jane included. No one here really gives a shit what you say, Jane is a hell of a guide. Her experiences in her former profession have been extremely enlightening to those that care to listen. Many of us tend to respect her with the strictest resolve. I for one, respect her in a way you will NEVER comprehend, so I offer this. GTFO if you don't want to listen to what she has to say. Go find someone else to glam onto like a fucking leach, but for the love of tits stop attacking her. Her motives are to help those that choose to listen. You choose not to listen, so mind your fucking business and go do whatever the fuck it is you do when your not trolling around like the smartest rat with downs syndrome. It's beginning to reek of a monumental crush.

Nick®
:nickfather:

Last Edited by Nickadeemus on 05/04/2012 07:42 PM
Pure Life; Get it on...
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05/04/2012 08:15 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!!!
^we are in a DEPRESSION. they can try to spin it anyway they want. it does not change the facts. [link to theburningplatform.com]


[link to www.dailyjobcuts.com]

Recovery, you are close
ReVbo™Moderator
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05/04/2012 08:21 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!!!
AC the math doesn't lie. There's just no disputing that mathematically we are turtles on our backs screwed. If you're here to incite anger or arguments about failed predictions you are going to be rather busy. Look under 99% of the threads; you'll find a failed prediction. The truth is none of us know WTF is going to happen from one minute to the next, Lady Jane included. No one here really gives a shit what you say, Jane is a hell of a guide. Her experiences in her former profession have been extremely enlightening to those that care to listen. Many of us tend to respect her with the strictest resolve. I for one, respect her in a way you will NEVER comprehend, so I offer this. GTFO if you don't want to listen to what she has to say. Go find someone else to glam onto like a fucking leach, but for the love of tits stop attacking her. Her motives are to help those that choose to listen. You choose not to listen, so mind your fucking business and go do whatever the fuck it is you do when your not trolling around like the smartest rat with downs syndrome. It's beginning to reek of a monumental crush.

Nick®
:nickfather:
 Quoting: Nickadeemus


clappa
FatalW1shes

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05/04/2012 08:22 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!!!
I figured this was coming after the Holiday hangover.


I'm surprised they lasted through March.

I knew April was going to be bad.

Unfortunately the average brain dead American watching American Idol and Real Housewives and Dancing crap only sees the unemployment numbers and thinks things are getting better.

Too bad they represent the masses.
Nickadeemus

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05/04/2012 08:39 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!!!
AC the math doesn't lie. There's just no disputing that mathematically we are turtles on our backs screwed. If you're here to incite anger or arguments about failed predictions you are going to be rather busy. Look under 99% of the threads; you'll find a failed prediction. The truth is none of us know WTF is going to happen from one minute to the next, Lady Jane included. No one here really gives a shit what you say, Jane is a hell of a guide. Her experiences in her former profession have been extremely enlightening to those that care to listen. Many of us tend to respect her with the strictest resolve. I for one, respect her in a way you will NEVER comprehend, so I offer this. GTFO if you don't want to listen to what she has to say. Go find someone else to glam onto like a fucking leach, but for the love of tits stop attacking her. Her motives are to help those that choose to listen. You choose not to listen, so mind your fucking business and go do whatever the fuck it is you do when your not trolling around like the smartest rat with downs syndrome. It's beginning to reek of a monumental crush.

Nick®
:nickfather:
 Quoting: Nickadeemus


clappa
 Quoting: ReVbo™



*Takes a bow...

Somebody had to say it. That schtick was getting old. You doing ok tonight Rev?

Nick®
Pure Life; Get it on...
Anonymous Coward
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05/04/2012 08:39 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!!!
UNEMPLOYMENT DROPS TO 8.1%!
 Quoting: Luisport


Isn't that a good thing? At least it isn't going the other way.
ReVbo™Moderator
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05/04/2012 08:42 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!!!
AC the math doesn't lie. There's just no disputing that mathematically we are turtles on our backs screwed. If you're here to incite anger or arguments about failed predictions you are going to be rather busy. Look under 99% of the threads; you'll find a failed prediction. The truth is none of us know WTF is going to happen from one minute to the next, Lady Jane included. No one here really gives a shit what you say, Jane is a hell of a guide. Her experiences in her former profession have been extremely enlightening to those that care to listen. Many of us tend to respect her with the strictest resolve. I for one, respect her in a way you will NEVER comprehend, so I offer this. GTFO if you don't want to listen to what she has to say. Go find someone else to glam onto like a fucking leach, but for the love of tits stop attacking her. Her motives are to help those that choose to listen. You choose not to listen, so mind your fucking business and go do whatever the fuck it is you do when your not trolling around like the smartest rat with downs syndrome. It's beginning to reek of a monumental crush.

Nick®
:nickfather:
 Quoting: Nickadeemus


clappa
 Quoting: ReVbo™



*Takes a bow...

Somebody had to say it. That schtick was getting old. You doing ok tonight Rev?

Nick®
 Quoting: Nickadeemus


Great, buddy. How'd your meeting go?

Last Edited by Revbo™ on 05/04/2012 08:43 PM
Nickadeemus

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05/04/2012 08:52 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!!!
AC the math doesn't lie. There's just no disputing that mathematically we are turtles on our backs screwed. If you're here to incite anger or arguments about failed predictions you are going to be rather busy. Look under 99% of the threads; you'll find a failed prediction. The truth is none of us know WTF is going to happen from one minute to the next, Lady Jane included. No one here really gives a shit what you say, Jane is a hell of a guide. Her experiences in her former profession have been extremely enlightening to those that care to listen. Many of us tend to respect her with the strictest resolve. I for one, respect her in a way you will NEVER comprehend, so I offer this. GTFO if you don't want to listen to what she has to say. Go find someone else to glam onto like a fucking leach, but for the love of tits stop attacking her. Her motives are to help those that choose to listen. You choose not to listen, so mind your fucking business and go do whatever the fuck it is you do when your not trolling around like the smartest rat with downs syndrome. It's beginning to reek of a monumental crush.

Nick®
:nickfather:
 Quoting: Nickadeemus


clappa
 Quoting: ReVbo™



*Takes a bow...

Somebody had to say it. That schtick was getting old. You doing ok tonight Rev?

Nick®
 Quoting: Nickadeemus


Great, buddy. How'd your meeting go?
 Quoting: ReVbo™


I think they're going to buy two of my pitches. They said to go ahead and plan on coming up here around the 21st and they'll pay for the relocation. They want to check a few of my references and as long as they check out (and they will) they will call me sometime, not next week, but the first of the following to confirm and set me up for relocation. I'm a cheap bastard, so I'm slightly embarrassed that I'll be riding across three states with pink totes. chuckle Sooo all in all I think I'm set for the next three years. (Provided the Shit does not hit the fan.)
Pure Life; Get it on...
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05/04/2012 09:11 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!!!
dasbier Here's to ya, Nick.
Nickadeemus

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05/04/2012 09:15 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!!!
dasbier Here's to ya, Nick.
 Quoting: ReVbo™



Thanks Rev!!!

:nickbeer:

Nick®
Pure Life; Get it on...
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05/04/2012 09:44 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!!!
Hey Obama, thanks for this worst economic disaster since the depression.
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05/04/2012 09:44 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!!!
bump
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05/04/2012 10:09 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!!!
fellow so called americans are back stabbing fellow americans by hiring illegals permit workers just no americans it will come back to haunt ut won't be forgotten
spoof

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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!!!
...


Why? For asking someone to point me to a valuable opinion that she has been right about? It doesn't exist, so who's the turd again?
 Quoting: Anonymous Coward 15520226


Fight nice, kiddies. Lady Jane, pull back those fingernails.
 Quoting: Anonymous Coward 15519673


Intend to. I am finished responding to this person.
 Quoting: Lady Jane Smith


Better for you, lest you be shown to be the fail predictor that you are.
 Quoting: Anonymous Coward 15520226


Guess you are a proud Obamanation supporter. I have never ready any of Jane's posts, but a monkey could see these numbers are BS. Yet you want to attack and defend the government's position. Hope that paycheck is good. It'll go away soon. And yeah I'm no supporter of Romney. He will be no better. They're puppets, and the circus tent is coming down.

Last Edited by spoof on 05/04/2012 10:34 PM
Nickadeemus

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05/04/2012 11:01 PM
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...


Fight nice, kiddies. Lady Jane, pull back those fingernails.
 Quoting: Anonymous Coward 15519673


Intend to. I am finished responding to this person.
 Quoting: Lady Jane Smith


Better for you, lest you be shown to be the fail predictor that you are.
 Quoting: Anonymous Coward 15520226


Guess you are a proud Obamanation supporter. I have never ready any of Jane's posts, but a monkey could see these numbers are BS. Yet you want to attack and defend the government's position. Hope that paycheck is good. It'll go away soon. And yeah I'm no supporter of Romney. He will be no better. They're puppets, and the circus tent is coming down.
 Quoting: spoof


Agreed.

Nick®
nicktut
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SilverPatriot

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05/04/2012 11:33 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!!!
What people fail to consider the drop in unemployment is due in part to all those who have lost unemployment benefits. In California alone during the month of May as many as 93,000 will lose unemployment benefits and be dropped from the statistics and join others living in tent city obamavilles.

Further aiding the obama administration's unemployment statistics is the number of people applying for and receiving disability all on the taxpayer’s dime.

Labor Force Shrinks As Jobless Swell Disability Ranks
Had the labor force not declined, unemployment would have been 8.3% in April, instead of the 8.1% reported.

That same month, more than 225,000 workers applied for Social Security disability benefits, and nearly 90,000 were enrolled, according to new data from the Social Security Administration.

Rest of Article:
[link to news.investors.com]

90,000 Californians to lose unemployment pay in May

California’s longest-term unemployed — as many as 93,000 — will see a cutoff in jobless benefits in mid-May because the state no longer meets the federal threshold for emergency aid.

Rest of Article:
[link to economy.ocregister.com]

Last Edited by SilverPatriot on 05/04/2012 11:34 PM
citizenperth
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05/04/2012 11:37 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!!!
i watched a report on FOX here in aus saying that unemployment wasy ONLY 380 000 people this week down 14% from last week.... wow... now that's telling us all, all is well in the world..... i noticed because i considered down from "last" week... that's a lot of people if you consider the collateral over the coming months..... hope you all try to dig your heels in no matter what job you have at the present..... things look grim here as well btw... and then a friend reminded me of greece.... wish not for what you don't have, but for what you currently do....
It's life as we know it, but only just.
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Anonymous Coward
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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!!!
What people fail to consider the drop in unemployment is due in part to all those who have lost unemployment benefits. In California alone during the month of May as many as 93,000 will lose unemployment benefits and be dropped from the statistics and join others living in tent city obamavilles.

Further aiding the obama administration's unemployment statistics is the number of people applying for and receiving disability all on the taxpayer’s dime.

Labor Force Shrinks As Jobless Swell Disability Ranks
Had the labor force not declined, unemployment would have been 8.3% in April, instead of the 8.1% reported.

That same month, more than 225,000 workers applied for Social Security disability benefits, and nearly 90,000 were enrolled, according to new data from the Social Security Administration.

Rest of Article:
[link to news.investors.com]

90,000 Californians to lose unemployment pay in May

California’s longest-term unemployed — as many as 93,000 — will see a cutoff in jobless benefits in mid-May because the state no longer meets the federal threshold for emergency aid.

Rest of Article:
[link to economy.ocregister.com]
 Quoting: SilverPatriot


Do you know what the biggest diagnostic classification is for people getting disability? Mental Illness.

[link to www.ssa.gov]
Anonymous Coward
User ID: 15321207
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05/05/2012 12:37 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!!!
What people fail to consider the drop in unemployment is due in part to all those who have lost unemployment benefits. In California alone during the month of May as many as 93,000 will lose unemployment benefits and be dropped from the statistics and join others living in tent city obamavilles.

Further aiding the obama administration's unemployment statistics is the number of people applying for and receiving disability all on the taxpayer’s dime.

Labor Force Shrinks As Jobless Swell Disability Ranks
Had the labor force not declined, unemployment would have been 8.3% in April, instead of the 8.1% reported.

That same month, more than 225,000 workers applied for Social Security disability benefits, and nearly 90,000 were enrolled, according to new data from the Social Security Administration.

Rest of Article:
[link to news.investors.com]

90,000 Californians to lose unemployment pay in May

California’s longest-term unemployed — as many as 93,000 — will see a cutoff in jobless benefits in mid-May because the state no longer meets the federal threshold for emergency aid.

Rest of Article:
[link to economy.ocregister.com]
 Quoting: SilverPatriot
cruise

Do you know what the biggest diagnostic classification is for people getting disability? Mental Illness.

[link to www.ssa.gov]
 Quoting: Anonymous Coward 6383062


cruise

wow, i wonder how many people are getting SSI for "depression". I'm not talking about people who really suffer from it to the point where they can't function, but people who know doctors who can write them phony reports, etc. I'm sure a lot of people are gaming the Social Security system...but honestly, when there are no jobs what choice do people have? it's either that or crime, and to be honest, i'd rather people be getting some income from the govt than to be totally destitute and out there tempted to rob people
Anonymous Coward
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05/05/2012 12:37 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!!!
They get those numbers from those who have ran out of unemployment... LOL Look, these people went back to work. Total BS.
 Quoting: MrZorg2012


EXACTLY >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>




FINALLY someone tells it like it is!!!!!!!!!!!



Thank you sir! I was waitin for someone to tell this ive been tellin it over an over , was wonderin if NOW someone would other than , well you know...
Woot Woot

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05/05/2012 12:48 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!!!
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


If somebody bothered to check Obama's math, they might be surprised
 Quoting: Woot Woot


What have you found in the numbers?
 Quoting: Lady Jane Smith


I would say based on what I hear that employment has gone steadily south since last year. There is no recovery in the offing, home prices are tanking, and there are no living wage jobs.

Everything about this particular President is a fiction, including his 8.1%
SilverPatriot

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05/05/2012 01:42 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!!!
What people fail to consider the drop in unemployment is due in part to all those who have lost unemployment benefits. In California alone during the month of May as many as 93,000 will lose unemployment benefits and be dropped from the statistics and join others living in tent city obamavilles.

Further aiding the obama administration's unemployment statistics is the number of people applying for and receiving disability all on the taxpayer’s dime.

Labor Force Shrinks As Jobless Swell Disability Ranks
Had the labor force not declined, unemployment would have been 8.3% in April, instead of the 8.1% reported.

That same month, more than 225,000 workers applied for Social Security disability benefits, and nearly 90,000 were enrolled, according to new data from the Social Security Administration.

Rest of Article:
[link to news.investors.com]

90,000 Californians to lose unemployment pay in May

California’s longest-term unemployed — as many as 93,000 — will see a cutoff in jobless benefits in mid-May because the state no longer meets the federal threshold for emergency aid.

Rest of Article:
[link to economy.ocregister.com]
 Quoting: SilverPatriot


Do you know what the biggest diagnostic classification is for people getting disability? Mental Illness.

[link to www.ssa.gov]
 Quoting: Anonymous Coward 6383062


Yes, and did you know the majority under mental disability are alcoholics and drug addicts.


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