US unemployment hits four-year low

  • Posted by a hidden member.
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    Mar 08, 2013 5:49 PM GMT
    http://www.telegraph.co.uk/finance/economics/9917818/US-unemployment-hits-four-year-low.html

    Doubtless the usual RJ suspects will be desperately searching for a reason not to be encouraged by this news.
  • mybud

    Posts: 11819

    Mar 08, 2013 6:09 PM GMT
    Ex_Mil8 saidhttp://www.telegraph.co.uk/finance/economics/9917818/US-unemployment-hits-four-year-low.html

    Doubtless the usual RJ suspects will be desperately searching for a reason not to be encouraged by this news.
    Ya listen...*crickets*
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    Mar 08, 2013 6:23 PM GMT
    well, it's not true over here in new jersey. our unemployment rate actually went up from 9.4 to 9.5 percent.

    http://www.bls.gov/web/laus/laumstrk.htm
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    Mar 12, 2013 3:21 AM GMT
    southbeach1500 said236,000 Americans got a job in February.

    296,000 Americans dropped out of the labor force in February.

    Or to put it differently so that the mind of the liberal hen can understand:

    The ship is taking on 296,000 gallons of water and only pumping out 236,000 gallons. The ship is sinking.


    http://mediamatters.org/blog/2013/03/11/conservative-media-misrepresent-bls-surveys-to/193008So when the NRO and the Examiner compare the number of those who "dropped out of the labor force," a stat from CPS, to the monthly job creation, a stat from CES, the comparison is meaningless, as the surveys use different methodologies. In addition, they imply that the 296,000 not in the labor force is the number of people who were seeking work but have stopped looking for jobs. But retirees and teenagers not seeking work are included in the BLS' definition of those "not in the labor force," so this number includes people who had no intention of seeking work in the month of February:

    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.

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    Mar 12, 2013 6:39 PM GMT
    SB, you talk about terms that liberal fowl can understand. Well, you should try to understand your own sources and their terms first.
  • conservativej...

    Posts: 2465

    Mar 13, 2013 8:58 AM GMT
    Ah, makes me think of the Titanic. Arrogance always has its' day. icon_wink.gif
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    Mar 13, 2013 11:54 AM GMT
    Why do the conservative posters on here hate America so much?
  • conservativej...

    Posts: 2465

    Mar 13, 2013 2:49 PM GMT
    madfacts saidWhy do the conservative posters on here hate America so much?


    It demonstrates the polar differences between conservative and liberal points of view in that we conservatives ask that same question of liberals. Why do you hate America so much? More importantly, why do you hate one group of Americans? icon_wink.gif