Trump Winning: Number Of People Collecting Unemployment Reaches 17-Year Low...

[Dschrute3]

This is great news. I like when he focuses on domestic issues. I really hope he doesn't get bogged down in quagmire wars around the world. It'll take his focus away from domestic issues. But let's celebrate this good news.


The number of out-of-work people collecting unemployment checks fell to a 17-year low in April, underscoring the strongest U.S. labor market in years.

So-called continuing jobless claims fell by 49,000 to 1.98 million, marking just the second time they’ve fallen below 2 million during the current eight-year-old economic expansion. Continuing claims also dipped below the 2 million mark in March.

The last time state unemployment offices sent out fewer checks to jobless Americans was in April 2000, the government reported Thursday...

Number of people collecting unemployment checks hits 17-year low, jobless claims show
DRUDGE REPORT 2017®

 

[JakeStarkey]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million!

Trump, keep your promise: get jobs!

 

[danielpalos]

This is great news. I like when he focuses on domestic issues. I really hope he doesn't get bogged down in quagmire wars around the world. It'll take his focus away from domestic issues. But let's celebrate this good news.


The number of out-of-work people collecting unemployment checks fell to a 17-year low in April, underscoring the strongest U.S. labor market in years.

So-called continuing jobless claims fell by 49,000 to 1.98 million, marking just the second time they’ve fallen below 2 million during the current eight-year-old economic expansion. Continuing claims also dipped below the 2 million mark in March.

The last time state unemployment offices sent out fewer checks to jobless Americans was in April 2000, the government reported Thursday...

Number of people collecting unemployment checks hits 17-year low, jobless claims show
DRUDGE REPORT 2017®

How is U6 doing?

 

[Dschrute3]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million!

Trump, keep your promise: get jobs!

He's trying. This is encouraging news.

 

[TheOldSchool]

This is great news. I like when he focuses on domestic issues. I really hope he doesn't get bogged down in quagmire wars around the world. It'll take his focus away from domestic issues. But let's celebrate this good news.


The number of out-of-work people collecting unemployment checks fell to a 17-year low in April, underscoring the strongest U.S. labor market in years.

So-called continuing jobless claims fell by 49,000 to 1.98 million, marking just the second time they’ve fallen below 2 million during the current eight-year-old economic expansion. Continuing claims also dipped below the 2 million mark in March.

The last time state unemployment offices sent out fewer checks to jobless Americans was in April 2000, the government reported Thursday...

Number of people collecting unemployment checks hits 17-year low, jobless claims show
DRUDGE REPORT 2017®

Those numbers have been going down for years. Great news, but adding "Trump Winning" is fake news.

 

[JakeStarkey]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million!

Trump, keep your promise: get jobs!

He's trying. This is encouraging news.

No, he's not.

 

[AntonToo]

Wow that Trump fella sure turned things around.

Americans collecting unemployment checks lowest since end of Clinton presidency

No wait a second, that was May 2016, after 7 years under Obama.

 

[BlindBoo]

The healthy economy is a parting gift from the Obama Administration to the American people.

 

[pinqy]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million

First learn the difference between a level and a rate. You say rate, but then cite a level.
Second, "Not in the Labor Force" does not mean "falling out of the work force.' Of the current 94.5 million Not in the Labor Force (meaning neither working nor trying to work), 89 million (94.2%) say they don't want a job now. Of those who say they do want a job, 3.3 million have not done a single thing in the last year to find a job. And of the 2.2 million who have looked for work in the last year but not the last 4 weeks, 604,000 say they couldn't start a job at this time if one was offered.

The Labor Force Participation Rate tells us what percent of the population is currently willing and able to work. It tells us nothing about unemployment.

 

[JakeStarkey]

pinqy is quibbling on semantics when the logic of numbers confound him.

We are almost 100 million fallen out of the labor force, and Trump has done nothing to fix that.

 

[BlindBoo]

pinqy is quibbling on semantics when the logic of numbers confound him.

We are almost 100 million fallen out of the labor force, and Trump has done nothing to fix that.

Yeah well as the years go on and the children of the greatest generation continue to retire, that number will only increase. We need about 10 to 15 million new tax payers to help fund our retirement too. Now where can we get 10 to 15 million hard workers who want to be American citizens?

 

[pinqy]

pinqy is quibbling on semantics when the logic of numbers confound him.

We are almost 100 million fallen out of the labor force, and Trump has done nothing to fix that.

They haven't "fallen" and there's nothing that needs fixing. Do you want to force people to try to work?

Why exactly do you think it's a problem and how do you think it should be fixed?

 

[danielpalos]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million

First learn the difference between a level and a rate. You say rate, but then cite a level.
Second, "Not in the Labor Force" does not mean "falling out of the work force.' Of the current 94.5 million Not in the Labor Force (meaning neither working nor trying to work), 89 million (94.2%) say they don't want a job now. Of those who say they do want a job, 3.3 million have not done a single thing in the last year to find a job. And of the 2.2 million who have looked for work in the last year but not the last 4 weeks, 604,000 say they couldn't start a job at this time if one was offered.

The Labor Force Participation Rate tells us what percent of the population is currently willing and able to work. It tells us nothing about unemployment.

Why not? Anyone not participating in the market for labor, is by definition, unemployed by that market.

 

[AntonToo]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million

First learn the difference between a level and a rate. You say rate, but then cite a level.
Second, "Not in the Labor Force" does not mean "falling out of the work force.' Of the current 94.5 million Not in the Labor Force (meaning neither working nor trying to work), 89 million (94.2%) say they don't want a job now. Of those who say they do want a job, 3.3 million have not done a single thing in the last year to find a job. And of the 2.2 million who have looked for work in the last year but not the last 4 weeks, 604,000 say they couldn't start a job at this time if one was offered.

The Labor Force Participation Rate tells us what percent of the population is currently willing and able to work. It tells us nothing about unemployment.

LFPR March 2016 - 63.0% - Trumpsters say labor markets are a disaster.
LFPR March 2017 - 63.0% - Trumpsters say labor markets are awesome.

Welcome to Trump land, home of the brave alt facts.

 

[pinqy]

. . . while the National Labor Participate Rate of people falling out of the work force reaches almost 100 million

First learn the difference between a level and a rate. You say rate, but then cite a level.
Second, "Not in the Labor Force" does not mean "falling out of the work force.' Of the current 94.5 million Not in the Labor Force (meaning neither working nor trying to work), 89 million (94.2%) say they don't want a job now. Of those who say they do want a job, 3.3 million have not done a single thing in the last year to find a job. And of the 2.2 million who have looked for work in the last year but not the last 4 weeks, 604,000 say they couldn't start a job at this time if one was offered.

The Labor Force Participation Rate tells us what percent of the population is currently willing and able to work. It tells us nothing about unemployment.

Why not? Anyone not participating in the market for labor, is by definition, unemployed by that market.

No, the people in the market, who cannot find work, are unemployed by definition.
Those not participating are, by definition, NOT unemployed.


If someone does not apply for a job, and then is not hired, what does that tell us about how hard it is to get a job? Nothing

.

 

[JakeStarkey]

pinqy is quibbling on semantics when the logic of numbers confound him.

We are almost 100 million fallen out of the labor force, and Trump has done nothing to fix that.

They haven't "fallen" and there's nothing that needs fixing. Do you want to force people to try to work? Why exactly do you think it's a problem and how do you think it should be fixed?

The numbers continue to confound you. And you have no solution at all, do you? Don't feel bad, neither does Trump.

 

[JakeStarkey]

Not one Trumpster cannot honestly inform others about the LFPR or employment because s/he cannot be informed, honest, or accurate. S/he is only an entertainment professional not like Pamela Geller, Alex Jones, or Donald Trump.

 

[pinqy]

pinqy is quibbling on semantics when the logic of numbers confound him.

We are almost 100 million fallen out of the labor force, and Trump has done nothing to fix that.

They haven't "fallen" and there's nothing that needs fixing. Do you want to force people to try to work? Why exactly do you think it's a problem and how do you think it should be fixed?

The numbers continue to confound you. And you have no solution at all, do you? Don't feel bad, neither does Trump.

They don't confound me. I understand them far better than you do. You still haven't articulated why you think 94 million people who do not want to work, or are unwilling to work, or are unable to work is a problem with the labor market.

Do you want the breakout of elderly, disabled, full time students age 16-24, and stay-home spouses?

 

[JakeStarkey]

No, you clearly don't understand, Pingy. 94 million who can't take care of themselves have to be taken care of by somebody. You have not shown they can take care of themselves.

Please study the numbers and quit embarrassing yourself.

 

[AntonToo]

Gotta step in here - Republicans were totally wrong to point to [not-in-labor-force] numbers as any sort of serious employment metric during Obama years and it still is a silly metric to use today while Trump is in office...except maybe to poke fun at Republicans.

Both [not-in-labor-force] and [in-labor-force] nominal counts will keep growing with population expansion and are not meaningful on their own.