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Jobless rate falls to 7.8%


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#76 twylyght

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Posted 10 October 2012 - 10:28 AM

Is % of American population really a fair comparison? The fastest growing segment of the U.S. population is people over 65. Retirement takes many of them out of the workforce. This segment has grown by more than 15% since 2000 and the rate of growth is increasing more rapidly now.

Maybe the study accounts for that, I don't know. If it doesn't, then that is not really a fair representation either.


The proportions would have remained the same respective to the overall population. Hence, the reason we use percentages rather than straight counts.

#77 thatlookseasy

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Posted 10 October 2012 - 07:17 PM

The proportions would have remained the same respective to the overall population. Hence, the reason we use percentages rather than straight counts.


Not necessarily, you would have to take population dynamics into account. Baby boomers and all that
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#78 cookinwithgas

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Posted 10 October 2012 - 08:15 PM

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#79 FurdTurgason

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Posted 10 October 2012 - 09:27 PM

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Very misleading. Example....Clinton's 3.2 spending....came about because of the elections of 1994. Newt Gingrich and Bob Dole led the charge to balance the budget, not Clinton.

#80 twylyght

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Posted 11 October 2012 - 01:14 AM

Not necessarily, you would have to take population dynamics into account. Baby boomers and all that
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The work force ages (15-55) looks pretty steady to me. How is this pattern different from previous decades?

#81 stirs

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Posted 11 October 2012 - 08:15 AM

Want something to spur your conspiracy theories?

339K weekly jobless claims being spread over news currently which looks a tic better than the normal 375k.

This week however, some states did not report, so there is no recording of their claims, so they just go with the incomplete report like it is normal. Yeah, can't be October now can it.

#82 rodeo

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Posted 11 October 2012 - 09:22 AM

Bill Clinton: “We need a Congress that loves it when unemployment drops”

Good quote that cuts to the heart of the matter. Instead of getting poo done and trying to lower unemployment, our obstructionist congress is actually upset about it.

#83 MadHatter

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Posted 11 October 2012 - 10:59 AM

Want something to spur your conspiracy theories?

339K weekly jobless claims being spread over news currently which looks a tic better than the normal 375k.

This week however, some states did not report, so there is no recording of their claims, so they just go with the incomplete report like it is normal. Yeah, can't be October now can it.


And the media's attempts to provide aircover and support for Obama's failed fiscal policies continues in full force.

#84 Cary Kollins

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Posted 11 October 2012 - 11:42 AM

Republicans

Richard Nixon
: Increase of 7.1 million jobs
Gerald Ford: Increase of 1.3 million jobs
Ronald Reagan: Increase of 14.7 million jobs
George H.W. Bush: Increase of 1.5 million jobs
George W. Bush: Decline of 646,000 jobs

Total: Increase of 23.9 million jobs under Republican presidents

Democrats

John F. Kennedy: Increase of 2.7 million jobs
Lyndon B. Johnson: Increase of 9.5 million jobs
Jimmy Carter: Increase of 9.0 million jobs
Bill Clinton: Increase of 20.8 million jobs
Barack Obama: Increase of 332,000 jobs

Total: Increase of 42.3 million jobs under Democratic presidents.

DAMN SON.

http://www.politifac...nts-top-republ/

#85 stirs

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Posted 11 October 2012 - 12:50 PM

Looks like California just happened to not get their numbers submitted in time for the report. Well, fancy that.

#86 thatlookseasy

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Posted 11 October 2012 - 02:10 PM

The work force ages (15-55) looks pretty steady to me. How is this pattern different from previous decades?


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Yeah social security is fuged

#87 Cary Kollins

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Posted 11 October 2012 - 02:41 PM

I don't think social security is fugged. Raise the cap from $106k so millionaires chip in more = social security sustainability.

#88 twylyght

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Posted 11 October 2012 - 03:44 PM

Yeah social security is fuged


Social Security has been fugged from the outset... especially since Washington started raiding it like it was their own personal piggy bank. Aside from the fact that it is predicated on an ever-increasing workforce contributing to the SS fund, it requires that there never be a hiccup in that trend.

We are now looking at raising the retirement age to stave off the inevitable to artificially inflate the workforce numbers in the short term. The long term will eventually have us printing currency like Zimbabwe so the government can "keep its promise" of SS... only our currency will be worth nothing by that time. Only with that, we have killed EVERYONE's retirement plans by that time.

My hope is that we deal with it in my lifetime rather than passing that fiasco to our kids.

#89 twylyght

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Posted 11 October 2012 - 03:50 PM

Republicans

Richard Nixon
: Increase of 7.1 million jobs
Gerald Ford: Increase of 1.3 million jobs
Ronald Reagan: Increase of 14.7 million jobs
George H.W. Bush: Increase of 1.5 million jobs
George W. Bush: Decline of 646,000 jobs

Total: Increase of 23.9 million jobs under Republican presidents

Democrats

John F. Kennedy: Increase of 2.7 million jobs
Lyndon B. Johnson: Increase of 9.5 million jobs
Jimmy Carter: Increase of 9.0 million jobs
Bill Clinton: Increase of 20.8 million jobs
Barack Obama: Increase of 332,000 jobs

Total: Increase of 42.3 million jobs under Democratic presidents.

DAMN SON.

http://www.politifac...nts-top-republ/


The article in its entirety is a good one... the snapshot you provide is misleading. At least you provided the link for any of us that decide to read it.

#90 mr beauxjangles

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Posted 18 October 2012 - 08:22 AM

IT'S SO POLITICALLY MOTIVATED!!!! THE PRESIDENT MADE THOSE STATISTICIANS AND ECONOMISTS FUDGE THOSE NUMBERS!!!

In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week's revised figure of 342,000.



http://www.dol.gov/o...tm#.UIACAMXA-K8

http://money.cnn.com....html?hpt=hp_t1


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