Brother_Tempus
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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This is why the numbers promoted by the current administration are just lies and that there is no recovery.
Couple this little fact with the increasing ( as opposed to decreasing if the economy was in a recovery) food stamp recipients along with the fact that there has been no fundemental change in economic and monetary policies and one can see the fall off the economic cliff is proceeding smoothly
http://news.investor...htm?src=HPLNews
Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.
In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.
This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.
"Given weak job prospects, many would-be workers dropped out of (or never entered) the labor force," noted Heidi Shierholz of the Economic Policy Institute in her analysis of the BLS jobs report issued last Friday. "That reduces the measured unemployment rate but does not represent real improvement."
According to the BLS, the "labor force participation rate" — the ratio of the number of people either working or looking for work compared with the entire working-age population — is now 64%, down from 65.7% when the recession ended in June 2009. That's the lowest level since women began entering the workforce in far greater numbers several decades ago.
If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%. - EDIT : That would be the U3 number, the U6 would be near 18%
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winga
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Death and destruction!
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Brother_Tempus
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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winga posted:
Death and destruction!
only of the current Keynesian economic theory, the fiat currency we are forced to use, and the notion that we need big government ... that's why Dr. Paul has become more popular.
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Cuttlery
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Brother_Tempus posted:
winga posted:
Death and destruction!
only of the current Keynesian economic theory, the fiat currency we are forced to use, and the notion that we need big government ... that's why Dr. Paul has become more popular.
LOL
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suntzukali2
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Cuttlery posted:
Brother_Tempus posted:
winga posted:
Death and destruction!
only of the current Keynesian economic theory, the fiat currency we are forced to use, and the notion that we need big government ... that's why Dr. Paul has become more popular.
LOL
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Fozzie_Bear
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Brother_Tempus posted:
If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%. - EDIT : That would be the U3 number, the U6 would be near 18%
aaaahh... my old enemy...
math
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Ah-Schoo
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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DOCTOR Paul! Save us oh magical politician who has never accomplished anything in decades of sucking from the big government teat!
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notmforce2k
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Oh cool, so you're back online and now you can't avoid me or play ignorant.
Can you go respond to the other thread now? Thanks!
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Ah-Schoo
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Which one? Oh, we're ignoring all the other countless times B_T has run away from rational discussion and just focusing on yesterdays example. Ok.
Good luck!
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JD_HOGG
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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FIAT!!!!!! U13!!!!! DESTRUCTION!!!! Must get to the Bunker!
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Ah-Schoo
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(But he's not trolling.)
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Dwaveran
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i KNEW my coffee tasted funny this morning!
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Itab
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Fozzie_Bear posted:
Brother_Tempus posted:
If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%. - EDIT : That would be the U3 number, the U6 would be near 18%
aaaahh... my old enemy...
math
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Itab
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Where does Tower 7 fit in?
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levgre
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Subject:
TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Changes in Civilian Labor Force Participation Rate are not a strict indicator of "vanishing workers" who just gave up.
Some may retire early due to the recession, yet still be doing fine. Emerging/current teenagers, or college students (age 16-22) may disproportionately be removed.
Even though the Labor Force has shrunk by 170,000 in the last 2 months, it is still 800,000 higher than it was in December of 2009, and 260,000 higher than it was in December of 2010.
Okay so he is calculating labor force loss from when the recession technically ended in June 2009... even though an end of an economic recession doesn't mean the start of job recovery. Especially when it was the longest, most severe recession since the Great depression.
Even though there are 1 million less people in the labor force compared to June 2009, once the labor force reached it's lowest point (DEC 2009), it has constantly increased and 800k people have been added to the work force. So to imply that the labor force is currently shrinking, or has been shrinking (by pointing out a 2 month downward fluctuation) is just flat out wrong and deceptive.
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combat_mage_sc
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I posted about this a week ago and the feebs quickly straped their blinders on.
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Ah-Schoo
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Itab posted:
Where does Tower 7 fit in?
You're getting your whackadoodles mixed up.
BT pretends anarchy, isolationism and gold are the answer.
Aerlinthian is the one doing the extreme conspiracy trolling.
Gosh.
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Brother_Tempus
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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levgre posted:
Changes in Civilian Labor Force Participation Rate are not a strict indicator of "vanishing workers" who just gave up.
translation : pay no attention to that man behind the curtain, pay attention to the BS we are trying to sell you
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levgre
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Brother_Tempus posted:
levgre posted:
Changes in Civilian Labor Force Participation Rate are not a strict indicator of "vanishing workers" who just gave up.
translation : pay no attention to that man behind the curtain, pay attention to the BS we are trying to sell you
Translation : I don't analyse facts or find credible sources, but instead rely on talking heads in right-wing editorial magazines. The economy has been steadily improving. Even he acknowledges this at the end of the article.
And the Labor Work Force has increased since DEC 2009, so there is no indication that the drop in unemployment is due to a drop in the Labor Work Force. No matter what you think the "Actual" unemployment rate is, it has dropped from previous values. (10% to 8.5%, 13 % to 11.5%, whatever).
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Ah-Schoo
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It's weird, TRIO, but he doesn't seem to want to have a discussion. Is that due to inability or because he's just trolling?
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notmforce2k
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Living in an alternate reality, I reckon.
You are all witnesses to him running away.
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NonOffensiveName
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Ron Paul reminds me of John Mahoney...he played kelsey grammer's father in the show Frasier
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Ah-Schoo
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TRIO : Nearly 1 Million Workers Vanished in the last 30 months
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Brother_Tempus posted:
winga posted:
Death and destruction!
only of the current Keynesian economic theory, the fiat currency we are forced to use, and the notion that we need big government ... that's why Dr. Paul has become more popular.
Appeal to authority logical fallacy.
He's a vagina doctor, not en economist.
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Hawkson
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Ah-Schoo posted:
It's weird, TRIO, but he doesn't seem to want to have a discussion. Because he's just trolling.
Fixed.
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notmforce2k
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That used to be punishable.
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Cuttlery
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NonOffensiveName posted:
Ron Paul reminds me of John Mahoney...he played kelsey grammer's father in the show Frasier
They do have a resemblance.
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Hawkson
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notmforce2k posted:
That used to be punishable.
Calling out a troll as a troll? Or modifying what someone else said in a quotation?
Because...the modifications have been going on for ages.
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Ah-Schoo
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Hawkson posted:
notmforce2k posted:
That used to be punishable.
Calling out a troll as a troll? Or modifying what someone else said in a quotation?
Because...the modifications have been going on for ages.
Neither, BEING a troll was modded in the past.
Presumably BT is using the "No, I REALLY am seriously retarded, you can't mod me for being stupid" defense.
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