More economic good news: 173,000 jobs added, unemployment drops to 5.1%

[RKMBrown]

STILL...., 94,031,000 Americans not working.

CNS News reported:

A record 94,031,000 Americans were not in the American labor force last month — 261,000 more than July — and the labor force participation rate stayed stuck at 62.6 percent, a 38-year low, for a third straight month in August, the Labor Department reported on Friday, as the nation heads into the Labor Day weekend.

You think 16 year olds and 80 year olds should be working?
You bastard

The 94m does not include 80 year olds.

You're a fucking retard. The only 80 year olds who are not included in that 94 million are ones who are working or actively looking for work. According to your demented rightwingnut brain, 100% of 80 year olds are either working or actively looking for a job.

Not in the labor force (Current Population Survey)

Includes persons aged 16 years and older in the civilian noninstitutional population who are neither employed nor unemployed in accordance with the definitions contained in this glossary. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.

Unemployed persons (Current Population Survey)

Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.​

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You are incorrect, there is no upper limit Table A-13. Employment status of the civilian noninstitutional population by age, sex, and race

Ok thx.. No the first time I've been wrong. After more investigation it looks like my source was wrong.

 

[RKMBrown]

STILL...., 94,031,000 Americans not working.

CNS News reported:

A record 94,031,000 Americans were not in the American labor force last month — 261,000 more than July — and the labor force participation rate stayed stuck at 62.6 percent, a 38-year low, for a third straight month in August, the Labor Department reported on Friday, as the nation heads into the Labor Day weekend.

You think 16 year olds and 80 year olds should be working?
You bastard

The 94m does not include 80 year olds.

You're a fucking retard. The only 80 year olds who are not included in that 94 million are ones who are working or actively looking for work. According to your demented rightwingnut brain, 100% of 80 year olds are either working or actively looking for a job.

Not in the labor force (Current Population Survey)

Includes persons aged 16 years and older in the civilian noninstitutional population who are neither employed nor unemployed in accordance with the definitions contained in this glossary. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.

Unemployed persons (Current Population Survey)

Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.​

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

 

[Faun]

You think 16 year olds and 80 year olds should be working?
You bastard

The 94m does not include 80 year olds.

You're a fucking retard. The only 80 year olds who are not included in that 94 million are ones who are working or actively looking for work. According to your demented rightwingnut brain, 100% of 80 year olds are either working or actively looking for a job.

Not in the labor force (Current Population Survey)

Includes persons aged 16 years and older in the civilian noninstitutional population who are neither employed nor unemployed in accordance with the definitions contained in this glossary. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.

Unemployed persons (Current Population Survey)

Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.​

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

 

[RKMBrown]

The 94m does not include 80 year olds.

You're a fucking retard. The only 80 year olds who are not included in that 94 million are ones who are working or actively looking for work. According to your demented rightwingnut brain, 100% of 80 year olds are either working or actively looking for a job.

Not in the labor force (Current Population Survey)

Includes persons aged 16 years and older in the civilian noninstitutional population who are neither employed nor unemployed in accordance with the definitions contained in this glossary. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.

Unemployed persons (Current Population Survey)

Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.​

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

 

[Faun]

You're a fucking retard. The only 80 year olds who are not included in that 94 million are ones who are working or actively looking for work. According to your demented rightwingnut brain, 100% of 80 year olds are either working or actively looking for a job.

Not in the labor force (Current Population Survey)

Includes persons aged 16 years and older in the civilian noninstitutional population who are neither employed nor unemployed in accordance with the definitions contained in this glossary. Information is collected on their desire for and availability for work, job search activity in the prior year, and reasons for not currently searching.

Unemployed persons (Current Population Survey)

Persons aged 16 years and older who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.​

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

Here, cry into these...

 

[RKMBrown]

That's not true. They stop counting you in the labor force participation rate when you turn 64. It's 16-64.

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

Here, cry into these...

Go back to eating shit. You are not worth the post space. Placed on ignore... bye bye you piece of shit.

 

[Faun]

You're a fucking retard.

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

Here, cry into these...

Go back to eating shit. You are not worth the post space. Placed on ignore... bye bye you piece of shit.

Too funny, tard ... you think I'm the one here who's the pussy yet you're the one running away as fast as your walker will allow.

 

[RKMBrown]

No, I'm not. Wrong, yes. But that does not make me a retard.

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

Here, cry into these...

Go back to eating shit. You are not worth the post space. Placed on ignore... bye bye you piece of shit.

Too funny, tard ... you think I'm the one here who's the pussy yet you're the one running away as fast as your walker will allow.

Placed on ignore is not running away, you pussy. I don't care for listening to the crap that comes out of your stupid socialist pie hole. Don't let the door hit you on the way out you are not wanted. Now where's that damn ignore button.

 

[theHawk]

Cue outrage over workforce participation rate

Employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month.
The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.


Jobs

Is that counting all the illegals doing jobs "Americans don't want"?

We still have a record number of people not in the workforce. That is the only way the "unemployment rate" goes down with this administration.

 

[theHawk]

The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.

first.., i wish you libertards did not lie so much and repeat the lie you sheeple are fed by this criminal regime.

second.., if you are not too afraid of the truth here it is:

To tell the truth: The real unemployment

...since the unemployment rate dropped to 5.5 percent. This is about as close to full employment as you can get – and it should be good news, assuming all the numbers are accurate and the economy is thriving.

But here's the deception: 102 million people aren't working, including about nine million who are officially counted as unemployed and the 93 million who've given up. Are these numbers from the Bureau of Labor Statistics accurate? Ninety-three million adults aren't in the labor force. That's up from about 79 million from when we began to head into recession seven years ago.

did you or any other libertard read the full article i posted ?

They won't. I've posted the labor stats on the record number that have dropped out of the workforce. Hacks like the OP could care less, they just want to be able to quote a bogus low unemployment rate the government puts out and then thump their chest as if it's a victory.

It's all about the Agenda, not any genuine concern for putting Americans back to work.

 

[edthecynic]

Cue outrage over workforce participation rate

Employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month.
The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.


Jobs

Is that counting all the illegals doing jobs "Americans don't want"?

We still have a record number of people not in the workforce. That is the only way the "unemployment rate" goes down with this administration.

We had record numbers of people not in the workforce throughout the entire Bush Regime, funny none of the Right accused Bush of using them to keep his UE rate artificially low.

 

[edthecynic]

I've posted the labor stats on the record number that have dropped out of the workforce. Hacks like the OP could care less, they just want to be able to quote a bogus low unemployment rate the government puts out and then thump their chest as if it's a victory.

It's all about the Agenda, not any genuine concern for putting Americans back to work.

But then the Right ignores the record number who dropped out during the Bush Regime, and Bush did NOT have Boomers retiring in the numbers they are now. Hacks on the Right could care less, they just wanted to be able to quote a bogus low unemployment rate the government puts out and then thump their chest as if it's a victory.

It's all about the Agenda, not any genuine concern for putting Americans back to work.

 

[theHawk]

Cue outrage over workforce participation rate

Employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month.
The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.


Jobs

Is that counting all the illegals doing jobs "Americans don't want"?

We still have a record number of people not in the workforce. That is the only way the "unemployment rate" goes down with this administration.

We had record numbers of people not in the workforce throughout the entire Bush Regime, funny none of the Right accused Bush of using them to keep his UE rate artificially low.

Uh, no we didn't. During the Bush years we had record high workforce participation rates. Only after Dems took Congress and sank the economy in his last year did it go down. It continued to go down during the Hussein's Presidency.

 

[edthecynic]

Cue outrage over workforce participation rate

Employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month.
The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.


Jobs

Is that counting all the illegals doing jobs "Americans don't want"?

We still have a record number of people not in the workforce. That is the only way the "unemployment rate" goes down with this administration.

We had record numbers of people not in the workforce throughout the entire Bush Regime, funny none of the Right accused Bush of using them to keep his UE rate artificially low.

Uh, no we didn't. During the Bush years we had record high workforce participation rates. Only after Dems took Congress and sank the economy in his last year did it go down. It continued to go down during the Hussein's Presidency.

Bush set a new record for people not in the workforce each and every year of his Regime, and Bush did not have the number of Boomers we have retiring now.

The record high LPR was under Clinton.

And the LPR started dropping under Bush from the time he began and was only flat during his wars which removes the military from the Civilian Non-Institutionalized Population, the denominator in the equation used to calculate the LPR.

 

[Faun]

Suuure, tard, you keep telling yourself that.

Whatever you say pussy.

Here, cry into these...

Go back to eating shit. You are not worth the post space. Placed on ignore... bye bye you piece of shit.

Too funny, tard ... you think I'm the one here who's the pussy yet you're the one running away as fast as your walker will allow.

Placed on ignore is not running away, you pussy. I don't care for listening to the crap that comes out of your stupid socialist pie hole. Don't let the door hit you on the way out you are not wanted. Now where's that damn ignore button.

You're a fucking retard.

Placed on ignore means you couldn't see my post. That you saw it means you were bluffing when you said you put me on ignore and you're so stupid, you got caught after just one post.

And what you call "stupid socialist" is better known as "arguments you can't refute," so you run away by plugging your fingers in your ears and shutting your eyes real tight.

Run, Forrest! Run!!!

 

[Faun]

The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.

first.., i wish you libertards did not lie so much and repeat the lie you sheeple are fed by this criminal regime.

second.., if you are not too afraid of the truth here it is:

To tell the truth: The real unemployment

...since the unemployment rate dropped to 5.5 percent. This is about as close to full employment as you can get – and it should be good news, assuming all the numbers are accurate and the economy is thriving.

But here's the deception: 102 million people aren't working, including about nine million who are officially counted as unemployed and the 93 million who've given up. Are these numbers from the Bureau of Labor Statistics accurate? Ninety-three million adults aren't in the labor force. That's up from about 79 million from when we began to head into recession seven years ago.

did you or any other libertard read the full article i posted ?

They won't. I've posted the labor stats on the record number that have dropped out of the workforce. Hacks like the OP could care less, they just want to be able to quote a bogus low unemployment rate the government puts out and then thump their chest as if it's a victory.

It's all about the Agenda, not any genuine concern for putting Americans back to work.

And who was the last president who didn't have a record high number of people not in the labor force during their watch?

 

[Faun]

Cue outrage over workforce participation rate

Employers added 173,000 jobs in a key report that could help the Federal Reserve decide whether to raise interest rates later this month.
The unemployment rate fell from 5.3% to 5.1%, lowest since March 2008.


Jobs

Is that counting all the illegals doing jobs "Americans don't want"?

We still have a record number of people not in the workforce. That is the only way the "unemployment rate" goes down with this administration.

We had record numbers of people not in the workforce throughout the entire Bush Regime, funny none of the Right accused Bush of using them to keep his UE rate artificially low.

Uh, no we didn't. During the Bush years we had record high workforce participation rates. Only after Dems took Congress and sank the economy in his last year did it go down. It continued to go down during the Hussein's Presidency.

If facts and truth were on your side, you wouldn't have to lie like that.

The truth is ... the record high LFPR was 67.3% in April, 2000. Bush was not president.

The truth is ... the LFPR had already dropped to 66.4% when Democrats took over Congress.

The truth is ... the LFPR dropped to 64.2% while Democrats controlled the Congress.

The truth is ... the LFPR dropped to 63.7% after Republicans took the House.

The truth is ... the LFPR dropped to 62.6% since the beginning of this year when Republicans took the Senate.

Bureau of Labor Statistics Data

 

[tigerred59]

When Obama took office unemployment was in the double digits.....(sigh)...while congress was crying about cutting cutting cutting and more cutting the President held steady...now that things are starting looking up, and we got an election year...WATCH THIS FUCKED UP CONGRESS FUCK SHIT UP, JUST WATCH!!

Yep!!!!

5.1% is fucking awesome and there's no way these idiots can run against it. But, hey expect them to run on cut, slash and burn once again and watch them lose!!!! Infrastructure is at its lowest level since Reagan but hell,,,lets cut some more so the tax payers can drive on the pot holes!!! Not a good way to run a country...lol...Idiots hate seeing America leading at anything.

LOL! Let's tell the old people again they don't need ssi or young people that you don't need first rate science institutions or clean air, water and food.

One thing is certain, all the GOP candidates are squirmish about attacking Obama's truths....they're packaging their message to the ignorant to make them all think....although the tough times are over, we can make it better. Forcing Wall Street to bring back manufactoring jobs, getting rid of regulations, lowering their taxes, etc, etc etc....another bs blow job to the mindless and these fools fall for it every single time.

 

[tigerred59]

When Obama took office and unemployment shot to 10%, that was the only economic factor Republicans said was important
When Obama ran for reelection, they harped that 8% average unemployment was the worst ever

Now that it is 5.1% they say:

U3 doesn't matter
The numbers are bogus
Labor Participation Rate is the new "most important" indicator

Facts mean nothing to the ignorant.....when will all learn this? Nothing this black president will ever do, will ever please those forces who are hell bent on seeing nothing but red, when clearly we're all tucked safely, thanks to Obama in the black....no pun intended. History however will shower this black man with having been among the greatest presidents in our modern times and nothing can dispute that, not even the deniers of facts. I just recently, thanks to Obama, got paid for working my ass off all these years as being a salaried employee, got paid OT.

 

[Dad2three]

A gain of just 173,000 jobs and a 0.2% drop in the unemployment rate are not congruent.

This effect is generally equated with more people dropping out of looking for jobs.

Anyone who follows this stuff knows that.

We need at LEAST 250,000 jobs for an extended period to achieve escape velocity.
.

Yet after 8 years o Dubya/GOP policies, they lost over 1,000,0000+ PRIVATE sector jobs. Even stopping at the peak of Dubya's ponzi scheme bubble, it was 4 million, lol