Faun
Diamond Member
- Nov 14, 2011
- 124,353
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As you full know, unemployment has numerous elements in it's calculation; some of which change on a dime to make the economy look stronger or weaker.
Such as ... ?
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As you full know, unemployment has numerous elements in it's calculation; some of which change on a dime to make the economy look stronger or weaker.
Are you hopelessly delusional or just stupid?Trump got handed a economic bouquet of roses, then he started the oil war, banned computer chips, imposed tariffs, told the country to close down causing massive unemployment, destroyed oil drillers, businesses, production & printed 5 times more money than we had, causing 500% inflation once Biden opened the country up for people to spend all that money.
Biden got stuck with rebuilding production, infrastructure, jobs, tightening monetary policy, raising interest rates, taxes, fighting debt, deficits, bans tariffs, war, sanctions, etc.
How about you Google “how unemployment numbers are calculated” and look at the gov site instead of being a bullshit artist?
Google is your friend.Such as ... ?
Not that simple.number of unemployed ÷ labor force.
Same as the BLS has always calculated.
Google is your friend.
I found it, Mr Java, now you find it.
Not that simple.
Just look at the web site.
I saw the website; it has a whole lot more verbiage than that.From their website:
The unemployment rate is calculated as: (Unemployed ÷ Labor Force) x 100.
I saw the website; it has a whole lot more verbiage than that.
You keep omitting the Ux Formula and other formulas for placing inclusions and exclusions in your “simple” formula.
A simplified version. We are not even close to the Labor Participation Rate we had during President Trump's term and prior to the China pandemic.
From all indications it will be negative job numbers...More Hot Jobs numbers coming this Friday!
From all indications it will be negative job numbers...
From all indications it will be negative job numbers...
From all indications it will be negative job numbers...
Sometimes they are radically different. This place shouted a negative ADP report back in early spring only to be slammed by huge employment gains from BLS.ADP put the new jobs at 239,000 yet you think the BLS will be in the negatives? Really?
Private payrolls rose 239,000 in October, better than expected, while wages increased 7.7%, ADP says
Companies added 239,000 positions in October, ahead of the Dow Jones estimate of 195,000, ADP reported Wednesday.www.cnbc.com
You LieFrom all indications it will be negative job numbers...
Sometimes they are radically different. This place shouted a negative ADP report back in early spring only to be slammed by huge employment gains from BLS.
I think it will be a slight add.