US Unemployment goes UP, even though 200K Jobs added..........

[Vteckidd]

This is what ive been saying (and others ) FROM DAY 1 of these so called numbers getting better.

The Labor Force Participation Rate went up in October to 62.8%; was 65.7% when Obama took office

US employers add 204,000 jobs in October, unemployment rate rises to 7.3 percent. (AP)

The job gain of 204,000 in October was the largest this year, and biggest gain since November 2012

The 186,000 jobs created per month average in 2013 is slightly above the 183,000 average for job creation in 2012

The number of people working part time for economic reasons went up 124,000 in October

The U6 jobless rate - the broadest measure of unemployment - went up to 13.8% in October

Report shows the shutdown had little effect on the Econ data. However, the interesting thing is we ADDED JOBS, the Labor Participation rate went UP, and UE ........ROSE. This proves the point that the only reason the UE number kept going down was because they were shrinking the people who were in the work force.

This is Obamas Economy, 7.X%+ UE for 5+ years

We will see uptick in jobs because of seasonal adds, but the Part Time is rising faster than Full Time.

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LOL @ This is Obamas Economy.

[Vteckidd]

LOL @ This is Obamas Economy.

5 Years of his presidency, and his policies.

Not his economy

Seems legit

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Just for shits and giggles, what do you think a post-recession economy should look like after 5 years?

[Vteckidd]

See Reagan bush Jr and Clinton. Don't se Carter

Obama got stimulus , obamacare and tax increases

Economy just got worse

Who's to blame?

[Sinfix_15]

Just for shits and giggles, what do you think a post-recession economy should look like after 5 years?

Should probably look like tax increases, millions of people losing their healthcare because of a government invasion, 20-30k new government employees hired to run a 1.7 billion dollar constitutional right violating spy center to go along with the 100k plus IRS employees who run Obamacare, maybe throw in a few billion rounds of ammunition and armored vehicles for the DHS and a president who spends his days golfing and trying to get celebs and sports teams to push his socialist policies.

but whos paying attention to those small issues....... have the Redskins changed their name yet and did we get justice for Trayvon? we banned guns yet???

outside of sticking up for Muslims, what promise has this president kept?

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Who's to blame?So that's the name of the game here. Find the scapegoat.

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http://www.nytimes.com/2013/11/08/opinion/krugman-the-mutilated-economy.html?_r=0&hp=&adxnnl=1&rref=opinion&adxnnlx=1383916043-lwsj9p23giyMtHom+37bvQ

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And....

"Without the furloughs, the unemployment rate would have been a seasonally adjusted 7.0%, the Labor Department said."

Jobs Strength Puts Fed on Hot Seat - WSJ.com (http://online.wsj.com/news/articles/SB10001424052702303309504579185524204046640)

"Obamas Economy" has a slightly more finger-pointing tone to it, so I can see why you used it

[Sinfix_15]

So many of the problems in America have Obama's signature on them and Obama supporters still refuse to place any blame on his shoulders.


Love is blind............... and people LOVE their black president.

[Vteckidd]

You obviously missed the part where this was themost jobs added since last nov and the shutdown had little effect on tje numbers since people where hired bacl twp weeks later .
And....

"Without the furloughs, the unemployment rate would have been a seasonally adjusted 7.0%, the Labor Department said."

Jobs Strength Puts Fed on Hot Seat - WSJ.com (http://online.wsj.com/news/articles/SB10001424052702303309504579185524204046640)

"Obamas Economy" has a slightly more finger-pointing tone to it, so I can see why you used it

[Vteckidd]

So that's the name of the game here. Find the scapegoat.
Silly me to hold accountable the person in charge.

Despite all the stimulus spending the UE went up when more jobs were added.

This only proves they were lieing all along when saying that UE was down because the economy was "recovering" which I've said was because of labor participation rate dropping.

Try to keep up

[.blank cd]

You obviously missed the part where this was themost jobs added since last nov and the shutdown had little effect on tje numbers since people where hired bacl twp weeks later .Wall Street Journal must have missed that. How silly of them. Someone should tell them it's not true unless it paints Obama in a negative light. I'll shoot em an email.


Silly me to hold accountable the person in charge

Doesn't help much when you don't know what he's in charge of. Lol

Try to keep up

[Sinfix_15]

Never in my life have i seen someone try so hard to ignore how bad a president is.

Why are you so emotionally attached to this president blank?

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Never in my life have i seen someone try so hard to ignore how bad a president is.

Why are you so emotionally attached to this president blank?dont be naive.

[Vteckidd]

Anyone else want to comment. Not arguing with someone who ignores relevant information.

Add 200k jobs, UE rises. Proves that the administration was misrepresenting the previous numbers the economy showed.

Caught again

[Vteckidd]

Never in my life have i seen someone try so hard to ignore how bad a president is.

Why are you so emotionally attached to this president blank?

In his world UE rising is good and lowering because people leave the work force is even better.

[Echonova]

Meanwhile, back in the Batcave.

Exclusive: Obama (http://www.thedailybeast.com/articles/2013/11/08/exclusive-obama-s-secret-iran-d-tente.html)

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Anyone else want to comment. Not arguing with someone who ignores relevant information.

Add 200k jobs, UE rises. Proves that the administration was misrepresenting the previous numbers the economy showed.

Caught again

If by caught again you mean you caught me not masturbating in the anti-Obama circlejerk, you got me. Empty handed again.

The only one misrepresenting information, again, is you. Nice try though.

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Anyone else interested in reality and not misinformation and finger pointing?

[Sinfix_15]

Anyone else interested in reality and not misinformation and finger pointing?

In "reality" he says, after stating that he isnt "masturbating in an anti-obama circle jerk".

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcT15kafBP34MOH8fyLB1MjnSt0Ar0Pmu wh5fXGj3yr8Ypg-UhlVaQ

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What would it take to sway your opinion about the administration? Cause obviously me thoroughly debunking the anti-Obama misinformation every single time isn't working.

[Sinfix_15]

What would it take to sway your opinion about the administration? Cause obviously me thoroughly debunking the anti-Obama misinformation every single time isn't working.

You're not thoroughly debunking anything. You're like the abused wife defending the husband that beats her. You want to like the first black president so badly that it prevents you from thinking logically. You are blinded by your emotional attachment to this president.

If not for the unconditional love of a particular demographic, Obama's approval rating would be in the 20s.

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You're not thoroughly debunking anything. You're like the abused wife defending the husband that beats her. You want to like the first black president so badly that it prevents you from thinking logically. You are blinded by your emotional attachment to this president.

If not for the unconditional love of a particular demographic, Obama's approval rating would be in the 20s.

That's what I thought.

[Sinfix_15]

That's what I thought.

Reality can be sobering.

http://l.yimg.com/os/publish-images/news/2013-11-05/da59d181-d9a2-48ba-bccf-503f6e215d33_chart_bush_obama_ratings.jpeg

Obama is a horrible president. You are in the minority of people who disagree.

[Sinfix_15]

https://pbs.twimg.com/media/BWzrD4ZCAAAKnJh.jpg:large

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https://pbs.twimg.com/media/BWzrD4ZCAAAKnJh.jpg:large

Yep. You just posted that.

I'm gonna quote it so it can't be redacted.

[Sinfix_15]

Yep. You just posted that.

I'm gonna quote it so it can't be redacted.

Democrats own every ghetto in America.

[Sinfix_15]

http://liberallogic101.com/wp-content/uploads/2013/09/liberal-logic-101-514.jpg

[Sinfix_15]

http://theoilinyourlamp.files.wordpress.com/2013/11/1426372_600967496631123_1545666208_n.jpg

[Sinfix_15]

http://polination.files.wordpress.com/2013/09/liberal-logic-encouraged-vs-unacceptable.jpg

[Sinfix_15]

https://s-media-cache-ec0.pinimg.com/736x/b5/11/5c/b5115c40742d8ff06c7d26ee7ae36413.jpg

[Sinfix_15]

https://s-media-cache-ec0.pinimg.com/736x/1b/ff/76/1bff7696665e41540e1d1438a9465239.jpg

[Echonova]

http://i1084.photobucket.com/albums/j402/Echonova2/1385959_660071487347225_1663297638_n_zpsdaab0147.j pg

[Echonova]

http://i1084.photobucket.com/albums/j402/Echonova2/1441400_757208327638638_1695526559_n_zpsf2a01af2.j pg

[Echonova]

http://i1084.photobucket.com/albums/j402/Echonova2/1069322_411675208936741_1698461393_n_zps7097b7cf.j pg

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http://theoilinyourlamp.files.wordpress.com/2013/11/1426372_600967496631123_1545666208_n.jpg

Math is fundamental when making your point. Without it, you just look like a jackass

[Sinfix_15]

http://1.bp.blogspot.com/_dzQzKheYdDM/TRziLvszwcI/AAAAAAAABJI/F-ATZG2nKfM/s1600/liberals20are20wrong20smug20billboard20road20sign. jpg

[Sinfix_15]

http://feedlol.com/wp-content/uploads/2012/07/obamacare-cartoon.jpg

[Sinfix_15]

http://danieljmitchell.files.wordpress.com/2012/06/obamacare-ruling-1.jpg

[Sinfix_15]

http://rightwingcartoons.com/wp-content/uploads/2013/09/arming-terrorists.jpg

[Sinfix_15]

https://pbs.twimg.com/media/BUikECTCQAAc0O2.jpg:large

[Sinfix_15]

http://dustinstockton.com/wp-content/uploads/2012/10/obama1021.jpg

[Sinfix_15]

https://pbs.twimg.com/media/BYtP9ahCAAAYizt.jpg:large

[BanginJimmy]

I will chime in there. I think this jobs report is the most positive report we have seen in almost 3 years. For the first time in that long the participation rate went up AND the job market created enough jobs to more than cover population growth.


A pretty good piece from CNN Money.
What shutdown? Hiring climbs in October - Nov. 8, 2013 (http://money.cnn.com/2013/11/08/news/economy/october-jobs-report/)


It goes down the list to show how mixed the jobs report is and what factors may have skewed it one way or another.

Anotehr one by the Washington post.

Economy added 204,000 jobs in October; unemployment rate ticks up to 7.3 percent - The Washington Post (http://www.washingtonpost.com/business/economy/jobless-rate-rose-to-73percent-during-government-shutdown-economy-added-204k-jobs/2013/11/08/f51fa1de-481f-11e3-b6f8-3782ff6cb769_story.html)

In this article, they point out that 720k people left the work force, unless they already factored in the federal furloughed workers this number is skewed higher by about 600k. If not factored in, this is the first month in Obama's presidency that more jobs were created than people left the work force in any particular month. This would also explain the rise in labor participation.

[BanginJimmy]

http://theoilinyourlamp.files.wordpress.com/2013/11/1426372_600967496631123_1545666208_n.jpg

Quoting this so it also cannot be deleted.


I really do love the facebook politicos.

[Vteckidd]

If by caught again you mean you caught me not masturbating in the anti-Obama circlejerk, you got me. Empty handed again.

The only one misrepresenting information, again, is you. Nice try though.

its pretty simple concept. My point was despite the jobs being added, UE went up. It went up because the labor participation plays a factor in why Obama and his admin had been trumpeting the economy being so good the last few months.

They were misrepresenting data, they were acting like the economy was getting better, when in fact the economy was losing workers dropping out of the work force.

We finally get a good month of numbers, and UE rises to 7.3/7.4%.

SO, as more and more jobs get added, the UE will rise until the sample size is congruent to people working:people out of work. My bet is that as more jobs get added, we will see UE get to 8% again, which will mean that despite all the Keynesian Econ spending, he will have accomplished nothing in 5-6 years. He will have the same UE he had when he came into office.

GAME, SET , MATCH.

[Vteckidd]

Ok, Blank simple question,

Unemployment went up, is that a good or bad thing?

Do you recognize the reason why UE was falling the last 14-16 months was NOT because the economy improved, but because people left the work force and stopped looking for work?

[Sinfix_15]

Unemployment Falls to 6.7 Percent Due to Workers Leaving the Labor Force | Jobs Bytes (http://www.cepr.net/index.php/data-bytes/jobs-bytes/jobs-2014-01)

Labor participation rate for Black males falls to "lowest level ever recorded".

[Vteckidd]

Obama love da kidz doe

[BanginJimmy]

Unemployment Falls to 6.7 Percent Due to Workers Leaving the Labor Force | Jobs Bytes (http://www.cepr.net/index.php/data-bytes/jobs-bytes/jobs-2014-01)

Labor participation rate for Black males falls to "lowest level ever recorded".

Few days late.



I cant believe there isnt a thread on this yet.


December jobs report was released yesterday. UE dropped to 6.7% on a net jobs gain of 78k jobs. Why? Because over 300k people disappeared from the labor market. We now have the lowest labor participation rate since Jimmy Carter was squatting in the Whore House.

I could go on, but I think you get the point. I expect to see even worse numbers in Feb with all of the seasonal workers getting the post christmas pink slip.

[Vteckidd]

yeah theres another thread i started that goes into this.

Add jobs, UE goes UP

Lose jobs, UE Goes DOWN

clearly they are manipulating the data

You cant have negative jobs gained for the year and CLAIM the UE is going DOWN unless, you are losing workers. The only reason the UE is going down is because they are losing people in the workforce.

In other words, the economy is so bad, it appears GOOD to the non educated voter

[Sinfix_15]

Tax and spend! that will fix the problem....




















http://www.taxeducationfoundation.org/images/Nov%202012%20table%20for%20TEF%20article.jpg

[BanginJimmy]

clearly they are manipulating the data


The raw data isnt manipulated. The output from that data is manipulated. This is why i much prefer the U6 data over the U3. It also explains why the U3 is much more widely distributed by the media.

[Vteckidd]

The average vote gets lost when you start talking u3 and u6. guys like US get it, but the average voter goes "UE IS DOWN? YAY!"