Green Energy
Bush's Fault?
From Ace:
If the labor force participation rate, which measures the size of the workforce (including those looking for work) against the work-aged population, had remained constant with where it was on the day Obama was inaugurated, the U-3 rate would be 10.9%.
In other words, the only reason the rate is as low as 8.2% is that an extraordinary number of people have given up looking for work altogether.
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More Lies, Damned Lies, And Statistics
In the continuing series of lies and misrepresentations from our gov't, BLS and the media I give you today's unemployment report... CNBC: US added 295,000 jobs in Feb vs. 240,000 est; unemployment rate at 5.5% vs. 5.6% est Job creation boomed...
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Obama Fan Ezra Klein Says, Almost The Entire Decrease In Unemployment Is Because People Have Just Given Up
Don't talk to me about numbers, I'm focused on the long run ... Even Obama's bestest fans forever are giving up on him. From WaPo: For most of his presidency, President Obama has been focused on the economic short run — which makes...
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No Depression
Like I've been saying. . . Daniel Amerman, with thanks to Will: Making 9 Million Jobless "Vanish": How The Government Manipulates Unemployment Statistics By Daniel R. Amerman, CFAOverviewWhen we look at broad measures of jobs and population, then...
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Newsmax: Unemployment Tricks: Jobs Claim Made by 'Shrinking' Workforce Monday, 06 Feb 2012 10:11 PM By Andrew Henry Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has...
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Unemployment rate down because people quit looking for work. Stupid fucking numbers games The unemployment rate dropped to 9.5 percent for the month of June even as the U.S. government dropped 225,000 Census jobs, the Labor Department reported Friday...
Green Energy