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Old 05-07-2010, 02:15 PM
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Grumpy Grumpy is offline
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9.9 % unemployed

But we added a couple hundred thou in jobs. Yea, we lost more then we gained, again.
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Old 05-07-2010, 02:30 PM
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But we added a couple hundred thou in jobs. Yea, we lost more then we gained, again.
No, the "couple hundred thou" is a net gain. The thing is a lot of the people who found jobs recently were people who had been out of work for so long that they weren't part of the statistic any more. Now they're coming back into the job market(looking fro work) because things are moving in the right direction. It caused a little statistical weirdness (an increase in the rate from 9.7% to 9.9%).

John
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Old 05-07-2010, 02:31 PM
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John's right. I know it sounds like a load, but it's right. Things are actually getting a little better. The hole is just so deep the don't measure all the way to the bottom anymore.
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Old 05-07-2010, 03:03 PM
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Here's more on the subject of this thread.

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Back in the little land we like to call reality, the numbers remain grim, while the Democrat-led malaise in California, Illinois, Michigan and New York is literally devastating entire communities. Tyler Durden's headline reads, "Fake +290K Payrolls "Added", Real Number Is 36K After Census And Birth-Death, Unemployment Goes Back To 9.9%, Underemployment At 17.1%"

Of the 290,000 jobs "added", census workers totaled 66,000 while the "Birth-Death Model" (the mathematical method by which the Bureau of Labor Statistics calculates eligible workers) added 188,000 "jobs".

http://directorblue.blogspot.com/201...nsus-jobs.html
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Old 05-07-2010, 03:11 PM
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Here's more on the subject of this thread.
Truth?

Hoo, boy!

John
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Old 05-07-2010, 03:19 PM
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Truth?

Hoo, boy!

John
Thanks for the welcome John.
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Old 05-07-2010, 03:35 PM
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Thanks for the welcome John.
You're welcome.

You're welcome.

John
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Old 05-07-2010, 03:55 PM
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The GOP simply has to stand on the sidelines and boo. Watching Newshour last night both the economists on one segment (left and right) agreed that the stimulus is working now if we can only convince Dr.No and Intern Bonehead.
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Old 05-07-2010, 04:43 PM
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Hey, Truth,

A word of welcome and a word of advice. First, Hello. I hope you enjoy it here. Second, if you want to be taken seriously, you'll do more than just paste bombastic quotes. Give us your own thoughts, not those of a blogger or second rate newspaper columnist.

Regards,

D-Ray
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Old 05-07-2010, 09:22 PM
Truth Truth is offline
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Originally Posted by d-ray657 View Post
Hey, Truth,

A word of welcome and a word of advice. First, Hello. I hope you enjoy it here. Second, if you want to be taken seriously, you'll do more than just paste bombastic quotes. Give us your own thoughts, not those of a blogger or second rate newspaper columnist.

Regards,

D-Ray
Thanks for the welcome D-RAY and Hello. In regards to advice D-Ray you should know that most people don't like getting not asked for advice in regards to anything.
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