GREAT AGAIN!!: Unemployment Rate Hits 3.8% -- Lowest in 18 Years...

This is funny. I remember during Obama's tenure, anytime he and his minions championed the decrease in unemployment, the right wingers would come out and mention things like joblessness rate and the workforce participation rate, saying that "unemployment only dropped cause people gave up looking for jobs!"

Fast forward to now. Trump and his minions are championing the decrease in unemplyment, and the left wingers are coming out and mentioning things like joblessness and the workforce participation rate, saying that "unemployment only dropped cause people gave up looking for jobs!"

Hamsters on the wheel. You'll get there eventually, probably.
Payback is a bitch!
Over half a million workers dropped out of the workforce the last 2 months alone.
That is a much faster drop out rate than Obama.

According to this article in 2015 well over a half million workers dropped out in just June of 2015, in fact is was 670,000. Now you are claiming that half a million lost in the last two months is much faster drop out rate than Obama. Not sure of your math.

https://www.usnews.com/news/the-rep...ow-but-more-workers-are-leaving-the-workforce
 
geez, how stupid are you. YES, cooked books are fake numbers, but both presidents used the same book cooking and Trump's numbers are better.

Please don't continue to make a fool of yourself on this topic.
Trump's numbers are only better because the trend which began 8½ years ago is still continuing.

And again, the numbers were not "cooked." The methods used for calculating the unemployment rate were never changed under Obama.


more BS, the downward trend started about a year ago
LOLOL

Reality is such a biatch to you, huh?

latest_numbers_LNS14000000_2010_2018_all_period_M05_data.gif


and yes, they were changed, they no longer counted those who had stopped looking for work as unemployed. That continues today, there just aren't as many of them because companies are hiring and expanding again in this country.
You're an idiot. This proves it. People who stop looking are counted as not in the workforce. The BLS uses the term, "unemployed," to describe people who ARE looking but are not employed.

Your ignorance aside, they've always counted those who have stopped looking as not in the workforce. That's what the unemployment rate measures ... the percentage of people who are working out of those, plus those who want to work but are not.


that chart is BS. Here's are real one from the left wing Washington Post

https://www.washingtonpost.com/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/?noredirect=on&utm_term=.7614f601c2d2
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
 
Trump's numbers are only better because the trend which began 8½ years ago is still continuing.

And again, the numbers were not "cooked." The methods used for calculating the unemployment rate were never changed under Obama.


more BS, the downward trend started about a year ago
LOLOL

Reality is such a biatch to you, huh?

latest_numbers_LNS14000000_2010_2018_all_period_M05_data.gif


and yes, they were changed, they no longer counted those who had stopped looking for work as unemployed. That continues today, there just aren't as many of them because companies are hiring and expanding again in this country.
You're an idiot. This proves it. People who stop looking are counted as not in the workforce. The BLS uses the term, "unemployed," to describe people who ARE looking but are not employed.

Your ignorance aside, they've always counted those who have stopped looking as not in the workforce. That's what the unemployment rate measures ... the percentage of people who are working out of those, plus those who want to work but are not.


that chart is BS. Here's are real one from the left wing Washington Post

https://www.washingtonpost.com/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/?noredirect=on&utm_term=.7614f601c2d2
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
Moron .... what part of, it's the same source, the BLS, can't you comprehend?
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.
 
more BS, the downward trend started about a year ago
LOLOL

Reality is such a biatch to you, huh?

latest_numbers_LNS14000000_2010_2018_all_period_M05_data.gif


and yes, they were changed, they no longer counted those who had stopped looking for work as unemployed. That continues today, there just aren't as many of them because companies are hiring and expanding again in this country.
You're an idiot. This proves it. People who stop looking are counted as not in the workforce. The BLS uses the term, "unemployed," to describe people who ARE looking but are not employed.

Your ignorance aside, they've always counted those who have stopped looking as not in the workforce. That's what the unemployment rate measures ... the percentage of people who are working out of those, plus those who want to work but are not.


that chart is BS. Here's are real one from the left wing Washington Post

https://www.washingtonpost.com/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/?noredirect=on&utm_term=.7614f601c2d2
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
Moron .... what part of, it's the same source, the BLS, can't you comprehend?


I fully comprehend that, moron. why cant you comprehend that they got entirely different conclusions from the same data base? So which one is correctly using the BLS data? in reality probably neither------------------remember figures don't lie but liars figure.

99% of what is put out by the media is propaganda for one side or the other, Wake the fuck up, get your head out of Hillary's fat ass and deal with reality.
 
LOLOL

Reality is such a biatch to you, huh?

latest_numbers_LNS14000000_2010_2018_all_period_M05_data.gif


You're an idiot. This proves it. People who stop looking are counted as not in the workforce. The BLS uses the term, "unemployed," to describe people who ARE looking but are not employed.

Your ignorance aside, they've always counted those who have stopped looking as not in the workforce. That's what the unemployment rate measures ... the percentage of people who are working out of those, plus those who want to work but are not.


that chart is BS. Here's are real one from the left wing Washington Post

https://www.washingtonpost.com/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/?noredirect=on&utm_term=.7614f601c2d2
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
Moron .... what part of, it's the same source, the BLS, can't you comprehend?


I fully comprehend that, moron. why cant you comprehend that they got entirely different conclusions from the same data base? So which one is correctly using the BLS data? in reality probably neither------------------remember figures don't lie but liars figure.
LOLOLOLOLOLOLOL

One set of data does not draw multiple conclusions, I don't care how conservative you are.

Again, here are the actual figures, directly from the BLS, which are irrefutable...


99% of what is put out by the media is propaganda for one side or the other, Wake the fuck up, get your head out of Hillary's fat ass and deal with reality.
Now THAT ^^^ is fucking hysterical given I'm posting links to the BLS, not to the media, while you're posting links to the media you say is 99% propaganda.

:dance:
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.


By "They" I assume you mean rising wages.


Mmm, I've heard that labor participation rates were rising, that would be an effective increase in labor supply to partially offset all the jobs being added.


Still, sooner or later something has to give, if the number keep going in the right direction.
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.


By "They" I assume you mean rising wages.


Mmm, I've heard that labor participation rates were rising, that would be an effective increase in labor supply to partially offset all the jobs being added.


Still, sooner or later something has to give, if the number keep going in the right direction.
Participation has decreased 3 months in a row now.
 
If we reduce immigration, such a strong job market should start putting upward pressure on wages.

It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.


By "They" I assume you mean rising wages.


Mmm, I've heard that labor participation rates were rising, that would be an effective increase in labor supply to partially offset all the jobs being added.


Still, sooner or later something has to give, if the number keep going in the right direction.
Participation has decreased 3 months in a row now.

Interesting...
 
It's not happening so far. A low unemployment rate would normally put upward pressure on wages. Again, no signs of it.


Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.


By "They" I assume you mean rising wages.


Mmm, I've heard that labor participation rates were rising, that would be an effective increase in labor supply to partially offset all the jobs being added.


Still, sooner or later something has to give, if the number keep going in the right direction.
Participation has decreased 3 months in a row now.

Interesting...
It's really hard to pinpoint the problem. Here is a link discussing:

Jobs Are Booming. Are Wages Next?
The first part of this causal relationship has been working well. The U.S. economy has been one of the most powerful job-creation engines in the world for several years. This has consistently pushed the unemployment rate down; in April, it reached 3.9 percent, a historical low. Meanwhile, vacancy indicators suggest that more companies will have to compete for a dwindling supply of available labor.

Yet, so far, this demand hasn’t been reflected in a consistent improvement in wages, which were growing at a relatively sluggish annual rate of 2.6 percent in April. Nor has there been an increase in the labor participation rate, which was languishing at 62.8 percent, while the employment-population ratio was 60.3 percent.


Economists have yet to come up with a sufficiently precise and convincing explanation for the stagnation. The initial post-crisis emphasis was on cyclical influences that fueled a deficiency in aggregate demand. More recently, however, more attention has been devoted to technological influences, changing sectorial trends, human capital shortfalls and lingering (post Great Recession) risk aversion on the part of employers.
 
Could be an effect of having such an large pool of illegals, ie sub price supply already here,

or an effect of effectively having access to infinite cheap labor though outsourcing and imports.


Hopefully it is an effect of the laziness and stupidity of the manager class, who have forgotten the idea of offering higher wages to attract good workers.



And it is just a delay to the rise.
They are certainly needed. I read someone suggesting that the low labor force participation rate could have something to do with it also.


By "They" I assume you mean rising wages.


Mmm, I've heard that labor participation rates were rising, that would be an effective increase in labor supply to partially offset all the jobs being added.


Still, sooner or later something has to give, if the number keep going in the right direction.
Participation has decreased 3 months in a row now.

Interesting...
It's really hard to pinpoint the problem. Here is a link discussing:

Jobs Are Booming. Are Wages Next?
The first part of this causal relationship has been working well. The U.S. economy has been one of the most powerful job-creation engines in the world for several years. This has consistently pushed the unemployment rate down; in April, it reached 3.9 percent, a historical low. Meanwhile, vacancy indicators suggest that more companies will have to compete for a dwindling supply of available labor.

Yet, so far, this demand hasn’t been reflected in a consistent improvement in wages, which were growing at a relatively sluggish annual rate of 2.6 percent in April. Nor has there been an increase in the labor participation rate, which was languishing at 62.8 percent, while the employment-population ratio was 60.3 percent.


Economists have yet to come up with a sufficiently precise and convincing explanation for the stagnation. The initial post-crisis emphasis was on cyclical influences that fueled a deficiency in aggregate demand. More recently, however, more attention has been devoted to technological influences, changing sectorial trends, human capital shortfalls and lingering (post Great Recession) risk aversion on the part of employers.


If Employers aren't going to change what they offer, rather they are simply idiots, or you want to give them a benefit of a doubt and call it "risk adverse",


then the calculation of those that dropped out of the work force is unchanged.

So, why change their decision?
 
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
Moron .... what part of, it's the same source, the BLS, can't you comprehend?


I fully comprehend that, moron. why cant you comprehend that they got entirely different conclusions from the same data base? So which one is correctly using the BLS data? in reality probably neither------------------remember figures don't lie but liars figure.
LOLOLOLOLOLOLOL

One set of data does not draw multiple conclusions, I don't care how conservative you are.

Again, here are the actual figures, directly from the BLS, which are irrefutable...


99% of what is put out by the media is propaganda for one side or the other, Wake the fuck up, get your head out of Hillary's fat ass and deal with reality.
Now THAT ^^^ is fucking hysterical given I'm posting links to the BLS, not to the media, while you're posting links to the media you say is 99% propaganda.

:dance:


ok. lets assume for drill that that chart is accurate, what specific Obama policies caused the UE rate to go down? what did your Kenyan messiah do that caused all of those americans to find jobs? you continue to praise him, so tell us exactly what he personally did to cause it.
 
LOLOLOL

Just how retarded are you??

The Washington Post uses the same exact source I did -- the Bureau of Labor Statistics.

So how could my chart be BS but not the Washington Post's??

:cuckoo:


did you look at them? they paint a completely different picture. anyone can make a graph, someone is lying, since the Obama admin lied to us for 8 years, I suspect them. but I'm sure you disagree, and I am tired of your partisan bullshit.
Moron .... what part of, it's the same source, the BLS, can't you comprehend?


I fully comprehend that, moron. why cant you comprehend that they got entirely different conclusions from the same data base? So which one is correctly using the BLS data? in reality probably neither------------------remember figures don't lie but liars figure.
LOLOLOLOLOLOLOL

One set of data does not draw multiple conclusions, I don't care how conservative you are.

Again, here are the actual figures, directly from the BLS, which are irrefutable...


99% of what is put out by the media is propaganda for one side or the other, Wake the fuck up, get your head out of Hillary's fat ass and deal with reality.
Now THAT ^^^ is fucking hysterical given I'm posting links to the BLS, not to the media, while you're posting links to the media you say is 99% propaganda.

:dance:


ok. lets assume for drill that that chart is accurate, what specific Obama policies caused the UE rate to go down? what did your Kenyan messiah do that caused all of those americans to find jobs? you continue to praise him, so tell us exactly what he personally did to cause it.
Why assume? The data is from the BLS. You have a better source for employment statistics than the BLS?

As far as policies, I used to list them. That’s not needed anymore since the election of Donald Trump is all the right cites for unemployment growth from even before he passed his first policy.
 
it's going to continue to get better, which will get Don re-elected, and you pos's can cry for another 4 years.
 

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