Thread: Unemployment rate hits 8.3 pct. after hiring burst

Originally Posted by raytri

As noted in the thread devoted to that link, the change in the participation rate was a result of the annual adjustment to the population survey. It's a 12-month error correction, not a 1-month change. And it reflects a change in the population, not just people giving up looking for work. Basically, they were overcounting the labor force.

Does not matter you cannot ignore the fact the rate dropped because of 30 year low of participation not because of 243,000 jobs. Once again we get lies and deception from the false government rate

If you think that justifies the fact it is a 30 year low you are mistaken.

This means Obama's hope and change is people are giving up trying to find a job. So there is no hope under Obama

Originally Posted by Bluesguy

It's obvious you have no idea why employers hire people.

Obama promising higher more complicated taxes, more costly health care, more costly regulations, higher spending and higher deficits.

Republicans promising lower less complicated taxes. real health care reform, fewer less costly regulations, cutting the deficits and lower spending.

So why would employers favor the former over the latter?

Lol! Yup. I've been hearing for years how Obama's gonna take r guns and raise r taxes and impose sharia law and all other sorts of nonsense. You're living in a fox induced fantasy world.

Originally Posted by siddhartha

Lol! Yup. I've been hearing for years how Obama's gonna take r guns and raise r taxes and impose sharia law and all other sorts of nonsense. You're living in a fox induced fantasy world.

Obama's not actively trying to raise taxes?

Originally Posted by Sadanie

I bet you have a bridge to sell us too, right?

I don't sell bridges that is Obama. I bet you don't have an answer to the question I posed, right? Why would business owners be higher based on Obama's promised higher taxes and more regulations and higher deficits?

Originally Posted by plant

Good news for all Americans . 8.3 he'll of a lot better then 10

The real figures from the Bureau of Labor Statistics, are more complete than what we are hearing from the administration and the media. The government’s numbers blasted about today included temporary holiday workers and came from the total employed column, ignoring discouraged and underemployed as usual. The real figures from the U-5 and U-6 columns are 10% and 15.2% respectively.

source

Around 17% for black Americans. Hard to figure out exactly what Obama-lovers are celebrating here.

Originally Posted by siddhartha

Lol! Yup. I've been hearing for years how Obama's gonna take r guns and raise r taxes and impose sharia law and all other sorts of nonsense. You're living in a fox induced fantasy world.

Take off your dancing shoes

Obama promising higher more complicated taxes, more costly health care, more costly regulations, higher spending and higher deficits.

Republicans promising lower less complicated taxes. real health care reform, fewer less costly regulations, cutting the deficits and lower spending.

So why would employers favor the former over the latter?

Originally Posted by kenrichaed

Its really sad to see how Obama has been able to warp the minds of liberals into thinking that 8.3% is actually a good thing. You guys are so in love with this guy your blinders are working overtime. Have any of you even looked at the predictions from the governments own agency's about how this year and next will be very poor. Our growth is horrible and not looking to be improved much.

Yet you guys jump up and down because we have 8.3 % unemployment and hey that's better than 10% I guess. Just amazing.

LOL, it's really sad how the right wing media has been able to warp the minds of conservatives into thinking that a drop in the unemployment rate from 10.1% down to 8.3% is actually a bad thing.

I suppose for those like the conservative media who are invested in failure for policital purposes, it is a bad thing.

Originally Posted by Bluesguy

I don't sell bridges that is Obama. I bet you don't have an answer to the question I posed, right? Why would business owners be higher based on Obama's promised higher taxes and more regulations and higher deficits?

He's got a "cute smile". That's all that matters to liberals.

Originally Posted by ptif219

The truth is 243,000 would not drop the percentage. the percentage drop because the BLS took over 1 million off the amount seeking work. Another words not more working but less seeking work.

Once again the government is deceiving and we are now at a 30 year low for percent of participation


http://www.zerohedge.com/news/record...-rate-tumbles-

You are correct it will take over 300,000 per month just to stay even, 350,000 to even start to make a dent.

And as far as higher now, the Obamatoids need to learn the difference between because of an in spite of.

Originally Posted by Iriemon

LOL, it's really sad how the right wing media has been able to warp the minds of conservatives into thinking that a drop in the unemployment rate from 10.1% down to 8.3% is actually a bad thing.

I suppose for those like the conservative media who are invested in failure for policital purposes, it is a bad thing.

The CBO just said the unemployment rate is 10%. Why are you still using these bogus ~8% figures? Is the CBO not a valid source of information?