Oh-Bama: playing with the numbers

["storm"nut]

 

http://finance.yahoo.com/news/us-jobless-rate-falls-7-123110416.html

Really wish the unemployment rate did drop that far, really do but the numbers just don't add up. Would like to so the math behind this. Even thought the unemployment number is fuzzy math to begin with I would love for the DOL to have to show there work behind this number.

Like a Math teach in High school, I don't care about the correct answer, just show me the work you did to get to that number!

Yes, I am a bitter republican that is skeptical of any positive news that helps Obama.

[8manpick]

My brother got a job in August, so I'm fairly certain it is accurate.

[slobber]

My brother got a job in August, so I'm fairly certain it is accurate.

Great post! /thread

[steve dave]

Great work by the president here. Economy is looking pretty good as of late.

[Institutional Control]

October surprise!

["storm"nut]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

[8manpick]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

You would change your vote based on the jobless rate changing by .3%?

[steve dave]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

take it to the conspiracy thread to be debunked heinzballs

["storm"nut]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

You would change your vote based on the jobless rate changing by .3%?

And that is how stupid the talking media heads will sound today. It should be noted that this is close to the mythical Unemployment number that good old W left O with when he started up. Good Job president, for bringing us back to 0.

[john "teach me how to" dougie]

Totally manipulated by Obama.

The number of employed Americans comes from a government survey of 60,000 households that determines the unemployment rate. The government asks a series of questions, by phone or in person. For example:

Do you own a business? Did you work for pay? If not, did you provide unpaid work for a family business or farm? (Those who did are considered employed.)

Afterward, the survey participants are asked whether they had a job and, if so, whether it was full or part time.

The government's definition of unemployed is someone who's out of work and has actively looked for a job in the past four weeks.

The revisions also showed that federal, state and local governments added 63,000 jobs in July and August, compared with earlier estimates that showed losses.

Still, many of the jobs the economy added last month were part time. The number of people with part-time jobs who wanted full-time work rose 7.5 percent to 8.6 million.

["storm"nut]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

take it to the conspiracy thread to be debunked heinzballs

it's no conspiracy that the unemployment numbers used by presidents since the 1990 is stupid and slanted to make the person in office look good. The real unemployment number is closer to 14% and that number did not change with today's report. Interesting.

[Rage Against the McKee]

I just think it's funny that the republicans seem to think it's the government's role to create jobs.

["storm"nut]

I just think it's funny that the republicans seem to think it's the government's role to create jobs.

 

[john "teach me how to" dougie]

I just think it's funny that the republicans seem to think it's the government's role to create jobs.

The government provides the environment for either job growth or loss with taxes or regulations.

[michigancat]

[sys]

just show me the work you did to get to that number!

all of the data are publicly available.  get to mathing, you lazy eff.

[john "teach me how to" dougie]

President Obama and his allies are celebrating finally getting the unemployment rate down below the 8-percent level that, 44 months ago, they said it would never exceed if Obama’s $831,000,000,000 “stimulus” were to be passed (see Figure 1).  But the celebration is rather premature — for the latest figures from the administration’s own Bureau of Labor Statistics (BLS) show that a lower percentage of Americans are employed now than at any point during the recession.


The latest BLS figures show that only 58.7 percent of Americans over the age of 16 are employed.  This marks the 37th straight month under Obama that fewer than 59.0 percent of Americans have been employed.  To put that into perspective, the lowest percentage of Americans who were employed during the Bush-Obama recession was 59.4 percent.  The lowest percentage of Americans who were employment during the 20 years before Obama took office was 61.0 percent.  In other words, the worst month in the two decades before Obama was 2.3 points better than where we’re at now.

Percentage of Americans in the workforce:



link

[MeatSauce]

im guessing that if Obama hadn't been  altering the math on this, he would have had more time to prepare for the debate.  Can't win em all is what I'm getting at.

fwiw, my company is hiring like crazy this quarter and last.

[OK_Cat]

the proof is in the pudding, guys.  Obama is a fantastic president.  Eat it, haters.

[Pete]

Great work by the president here. Economy is looking pretty good as of late.

It would be great news indeed and I would vote for O because of it, too bad the number is a myth and will be "revised" after the election.

Let me get this straight, you think Wall Street is duped as well?

[Pete]

I mean, the rough ridin' Dow was at it's highest point today since December 2007.  You think those mother fuckers think the fix is in?  Get the eff out of here with at that stupid crap.

[michigancat]

I mean, the rough ridin' Dow was at it's highest point today since December 2007.  You think those mother fuckers think the fix is in?  Get the eff out of here with at that stupid crap.

Wall street (aka Barack street) is clearly in on the fix, too.

[Pete]

I mean, the rough ridin' Dow was at it's highest point today since December 2007.  You think those mother fuckers think the fix is in?  Get the eff out of here with at that stupid crap.

Wall street (aka Barack street) is clearly in on the fix, too.

The rough ridin' audacity, it's mind boggling.  The largest institutional investors in the WORLD don't seem to find any issue with the numbers.  Yet, Jack Welch is spouting off.

Let's examine why someone like Jack Welch would say something so obviously full of rough ridin' crap:

1.  Capital Gains taxes
2.  Estate taxes


Those are the ONLY meaningful things in the short time that remains in Jack Welch's life.  His personal life has been a train wreck, and he no longer has the pleasure of leading a kingdom at GE.  He's a man at the end of his days, grasping to hang onto the only things he has left.

[Pete]

im guessing that if Obama hadn't been  altering the math on this, he would have had more time to prepare for the debate.  Can't win em all is what I'm getting at.

fwiw, my company is hiring like crazy this quarter and last.

Mine had our best year in our 10+ year history last year, and we are going to beat that number this year. Our customers are the largest companies in America.

[theKSU]

It's a pretty good time to have a college education.  For everyone else, not so much.  Thanks Barry.