223,000 Jobs Added in U.S. in April as Hiring Rebounded

  • Posted by a hidden member.
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    May 08, 2015 4:33 PM GMT
    NYT: The gain was in line with the consensus forecast of 230,000 jobs added, and the expectation that the unemployment rate would tick down slightly.

    http://www.nytimes.com/2015/05/09/business/economy/jobs-report-unemployment-april.html
  • bobbobbob

    Posts: 2812

    May 08, 2015 5:07 PM GMT
    woodsmen saidNYT: The gain was in line with the consensus forecast of 230,000 jobs added, and the expectation that the unemployment rate would tick down slightly.

    http://www.nytimes.com/2015/05/09/business/economy/jobs-report-unemployment-april.html


    Everyone should keep in mind that Labor Department statistics on unemployment do not include:the estimated 5% of the workforce who have given up looking for work. Here's a link to Jim Glifton CEO of Gallup from February http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx

    Labor Department statistics on unemployment do include.
    *seasonal jobs
    *part time jobs
    *temporary jobs
    *the underemployed, with college degrees doing unskilled minimum wage labor.


    Here's a second great link about it
    http://www.zerohedge.com/news/2015-05-08/americans-not-labor-force-rise-record-93194000

  • PIccadilly

    Posts: 240

    May 08, 2015 9:10 PM GMT
    bobbobbob said
    woodsmen saidNYT: The gain was in line with the consensus forecast of 230,000 jobs added, and the expectation that the unemployment rate would tick down slightly.

    http://www.nytimes.com/2015/05/09/business/economy/jobs-report-unemployment-april.html


    Everyone should keep in mind that Labor Department statistics on unemployment do not include:the estimated 5% of the workforce who have given up looking for work. Here's a link to Jim Glifton CEO of Gallup from February http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx

    Labor Department statistics on unemployment do include.
    *seasonal jobs
    *part time jobs
    *temporary jobs
    *the underemployed, with college degrees doing unskilled minimum wage labor.


    Here's a second great link about it
    http://www.zerohedge.com/news/2015-05-08/americans-not-labor-force-rise-record-93194000



    Every month, the BLS estimates the number of "discouraged" people not considered in the unemployment rate. That information is available is you're willing to look for it.

    In April, that number is 756,000 people, 0.5% of the labour force.
    http://www.tradingeconomics.com/united-states/unemployment-rate
  • bobbobbob

    Posts: 2812

    May 08, 2015 10:14 PM GMT
    Piccadilly said



    Every month, the BLS estimates the number of "discouraged" people not considered in the unemployment rate. That information is available is you're willing to look for it.

    In April, that number is 756,000 people, 0.5% of the labour force.
    http://www.tradingeconomics.com/united-states/unemployment-rate


    Be sure to pay attention to the red words in the quote.
    Among the marginally attached, there were 756,000 discouraged workers in April, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in April had not searched for work for reasons such as school attendance or family responsibilities.

    That puts the total to 2,165,000 not included in the BLS estimates.
  • jrc2005

    Posts: 74

    May 10, 2015 11:54 AM GMT
    bobbobbob said
    Piccadilly said



    Every month, the BLS estimates the number of "discouraged" people not considered in the unemployment rate. That information is available is you're willing to look for it.

    In April, that number is 756,000 people, 0.5% of the labour force.
    http://www.tradingeconomics.com/united-states/unemployment-rate



    Be sure to pay attention to the red words in the quote.
    Among the marginally attached, there were 756,000 discouraged workers in April, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in April had not searched for work for reasons such as school attendance or family responsibilities.

    That puts the total to 2,165,000 not included in the BLS estimates.

    But your very quote there says they're not even looking for work because they have other things going on in their life.

    We know there's several ways of measuring unemployment and underemployment. The BLS isn't cooking the books, you can look up those statistics from them and decide for yourself what's the most meaningful to you. Clearly you think more negatively of the employment market, that's your choice.
  • Posted by a hidden member.
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    May 10, 2015 4:39 PM GMT
    jrc2005 said
    bobbobbob said
    Piccadilly said



    Every month, the BLS estimates the number of "discouraged" people not considered in the unemployment rate. That information is available is you're willing to look for it.

    In April, that number is 756,000 people, 0.5% of the labour force.
    http://www.tradingeconomics.com/united-states/unemployment-rate



    Be sure to pay attention to the red words in the quote.
    Among the marginally attached, there were 756,000 discouraged workers in April, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in April had not searched for work for reasons such as school attendance or family responsibilities.

    That puts the total to 2,165,000 not included in the BLS estimates.


    But your very quote there says they're not even looking for work because they have other things going on in their life.

    We know there's several ways of measuring unemployment and underemployment. The BLS isn't cooking the books, you can look up those statistics from them and decide for yourself what's the most meaningful to you. Clearly you think more negatively of the employment market, that's your choice.

    Spot on here. There are all kinds of approaches we can take.
  • Posted by a hidden member.
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    May 11, 2015 11:09 AM GMT
    Where is that SouthBeach idiot?
  • Posted by a hidden member.
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    May 11, 2015 12:57 PM GMT
    Blondizgd said
    Where is that SouthBeach idiot?

    Waiting for more updates to the anti-Obama Right Wing narrative so he can spam them here. That last one didn't work so well for him because legitimate media sources had the real information that contradicted the propaganda source he was using, and guys here called him on it. So now he's waiting to get the Right-Wing spin response, so he can post that here in reply.

    Most of us would not want to be a mere outlet, preferring opinions of our own. So that without guidance, SB is left moot. Except perhaps to employ his standard fallback when confronted with the truth, of ad hominem attacks on his fact checkers. Aided by his chummy cohort of RJ Right Wingers, always eager to pile onto any "lefties". To Hell with the truth, just so long as it's for a good Republican cause. icon_rolleyes.gif
  • PIccadilly

    Posts: 240

    May 13, 2015 12:22 PM GMT
    bobbobbob saidBe sure to pay attention to the red words in the quote.
    Among the marginally attached, there were 756,000 discouraged workers in April, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force in April had not searched for work for reasons such as school attendance or family responsibilities.

    That puts the total to 2,165,000 not included in the BLS estimates.


    Not all those 2.2 million people are discouraged, they simply have different priorities for the time being.

    But even at 2.2 million, that's still less than 1.5% of the labour force, quite far from the 5% you originally quoted.
  • roadbikeRob

    Posts: 14389

    May 13, 2015 12:32 PM GMT
    Blondizgd saidWhere is that SouthBeach idiot?
    Just because SouthBeach isn't a blind sycophant to the Democratic Party and all you extremist liberal hens does not make him an idiot. You libs sure love to lecture everyone about tolerance and acceptance but when it is time for you guys to practice what you preach, you libs show your blatant hypocrisy. You guys are almost as bad as all the narrow minded bible thumping screwballs on the right wing of the GOP.icon_wink.gif