Friday,right after the end of the DNC Convention the unemployment numbers for August will be released. And they are not looking good. For Obama's sake,there better be ALOT of squirrels around http://behavioraleconomy.gallup.com/2012/08/august-unemployment-not-looking-good.html August Unemployment Not Looking Good New Gallup unemployment data suggest an increase in the government's seasonally adjusted unemployment rate for August when it is reported on Friday, Sept. 7. During recent months, Gallup's measurements have been more optimistic than those of the BLS. Barring a sharp reversal in this relationship, the government's unadjusted unemployment rate might be expected to stay the same or increase in August. Gallup's Daily tracking of the unemployment situation is based on interviews with more than 30,000 adults over the 30 days ending Aug. 15, and shows essentially no change in the unadjusted unemployment rate at 8.3% compared to 8.2% in July. In turn, this suggests that the government's unadjusted unemployment rate could increase to 8.7% in July from 8.6% in June. The government's measurement of the unadjusted unemployment rate has been known to differ with Gallup's findings, but a drop of 0.3% in July is necessary to bring the government's unadjusted rate down to Gallup levels. More interestingly, there were no BLS seasonal adjustments in August 2011. If this remains the same in 2012, the Gallup seasonally adjusted unemployment rate for August would be 8.3% while that of the BLS would be 8.7%, assuming a similar increase to that shown in the Gallup data. Further, Gallup's data show the labor force participation rate to be increasing in August. In turn, that could have an additional negative impact on the unemployment rate for August if the government's data show a similar pattern. Trying to guess the U.S. unemployment rate has been a thankless task in 2012, even using Gallup's 30,000 interviews as a basis for estimation -- even worse than trying to guess the results of the government's establishment survey. However, like ADP's (Automatic Data Processing) estimates of the establishment survey results, Gallup's numbers have been close to the household survey results much of the time. Regardless, barring heroic adjustments or a sharp change in direction, Gallup data suggest the seasonally adjusted U.S. unemployment rate for August will increase -- possibly substantially -- when announced in early September. Im not saying it will.But if the unemployment ticks up ,Obamas going to be in deep (*)(*)(*)(*)
Granny says tell `em to go back home an' draw unemployment there... Unemployment Climbs to 9.4% Among Hispanics; Double What It Was 7 Yrs Ago August 2, 2013 -- Unemployment among American Hispanics climbed to 9.4 percent in July, up from 9.1 percent in May and June, and 9.0 percent in April, according to data released today by the Bureau of Labor Statistics.
High unemployment numbers do not bother Obama voters. They know that as long as Obama is in office the nanny state will take of them so they don't need jobs.
Growth is many years down the road till companies actually understand the "new" playing field. To put it simply, the Democrats have placed the thickest part of knot-heads regulation forest over an entire football field and then wonder why the game stopped. So if we must blame anyone for the stagnant malaise of the U.S. economy it's the Democrats waterboarding of American business, then they wonder why it can't breath or worse yet run straight out of the country as fast as they can as soon as you let them up for air.
At the same time Congress is considering legislation that would "legalize" up to 20 million low IQ mestizos! (Kisses of death in a hi-tech society) Legislation would also pave way for family chain migration. An act of insanity by hacks pandering for votes and contributions. The latter coming from sleazebag business interests seeking cheap labor. America is shattering demographically, eroding economically. Prepare for social strife unseen before in America.
Interesting unemployment info... 90,609,000: Americans Not in Labor Force Climbs to Another Record October 22, 2013 -- The number of Americans who are 16 years or older and who have decided not to participate in the nation's labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics. See also: 154,000 Fewer Women Held Jobs in September; Female Participation in Labor Force Matches 24-Year Low October 22, 2013 -- American women participated in the nations labor force in September at a rate that matched the lowest level in 24 years, according to data released today by the Bureau of Labor Statistics.
Don't expect too much anger from Obama voters if the economy gets worse. They don't really need jobs as long as Obama and the welfare state are around to take care of them. So they'll just shrug off the bad numbers as no big deal.
The right MOD EDIT>>>FLAME BAIT REMOVED<<< will be declaring that the skies are falling up to the moment unemployment hits 5%. Comical. What part of "baby boomers are retiring at a record pace" do you t MOD EDIT>>>FLAME BAIT REMOVED<<< not comprehend?
Oh, we'll be angry enough to vote the Tea Party out of power so that real measures can be taken to create jobs.
Uncle Ferd tells `em how dey got robots now dat wring farts outta shirt-tails... 4 Steps to Overcoming the Stigma of Long-Term Unemployment With a volatile economy and widespread layoffs affecting every corner of the labor market, even the best and the brightest workers can get laid off and experience lengthy periods of unemployment.
