Posted on Nov 4, 2016
US adds 161,000 jobs, unemployment rate falls to 4.9%
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https://www.yahoo.com/finance/news/us-payrolls-report-october-2 [login to see] 33.html
This also can influence the election, as many people will think in terms of "If the wagon ain't broke, don't fix it."
This also can influence the election, as many people will think in terms of "If the wagon ain't broke, don't fix it."
US adds 161,000 jobs, unemployment rate falls to 4.9%
Posted from yahoo.com
Jobs
Economy
Election 2016
Posted >1 y ago
Responses: 8
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MSgt (Join to see)
Numbers are misleading with no proof? Something other than what the media is saying would be helpful. You quickly discredited yourself when you told him his numbers were misleading with nothing to validate it.
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Sgt Wayne Wood
Alternative Measures of Labor Underutilization for States
Six alternative measures of labor underutilization have long been available on a monthly basis from the Current Population Survey (CPS) for the United States as a whole. They are published in the Bureau of Labor Statistics' monthly Employment Situation news release. (See table 15.) The official concept of unemployment (as measured in the CPS by U-3 in the U-1 to U-6 range of alternatives) includes all jobless persons who are available to take...
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Cpl (Join to see)
Uh oh, Sgt Wayne Wood, you posted facts, he won't be back. Government hacks will use the "U" figure that makes them look better.
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Desperation spawns phony statistics. Anyone who actually follows the data knows that unemployment in America is closer to 18%. The rate of participation in the labor force keeps falling as the population keeps growing and the government claims that unemployment is falling. It's all a desperate attempt to put lipstick on the pig
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the problem is what Types of Jobs and which index are they Using for Unemployment... are thy basing the on Part time and or temporary and seasonal work... and are they considering the folks out of work for more the 99 weeks of Unemployment... the People not on the unemployment rolls
most of the Government economist are using the U 3 index that only shows the unemployment rate based on folks collect int Unemployment benefits
where as the U6 is those folks and the ones who are not collecting the Unemployment and that Index is in the double digit range...
The difference is the G W Bush's regime Used the U6 to show reality in unemployment and the BHO's Regime is Using the U3 index that makes thing Look a Boat load better...
most of the Government economist are using the U 3 index that only shows the unemployment rate based on folks collect int Unemployment benefits
where as the U6 is those folks and the ones who are not collecting the Unemployment and that Index is in the double digit range...
The difference is the G W Bush's regime Used the U6 to show reality in unemployment and the BHO's Regime is Using the U3 index that makes thing Look a Boat load better...
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