Real Unemployment Rate Jumps to 11.5%

Discussion in 'Labor & Employment' started by MolonLabe2009, Aug 3, 2012.

  1. MolonLabe2009

    MolonLabe2009 Banned

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    Worst recovery since the 70's!

    Worst President ever!

    Another Dismal Unemployment Report, Real Unemployment Rate Jumps to 11.5%
     
    waltky and (deleted member) like this.
  2. DonGlock26

    DonGlock26 New Member Past Donor

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  3. Dr. Righteous

    Dr. Righteous Well-Known Member

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  4. webrockk

    webrockk Well-Known Member Past Donor

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    As progressive leftist elites perceived Obama's election a mandate on their agenda, saddling American taxpayers with yet another wealth redistributive, collectivist boondoggle was ObamaCo's primary objective.

    The economy was, at best, a secondary concern....

    to wit, they made disingenuous pitches to "shovel ready" infrastructure jobs to justify and sell a de facto tax hike of about a trillion dollars (MUCH more, when inflation is calculated in)....which, very predictibly, went almost exlusively to prop up state governments and cushion the effects of the economic meltdown for their public sector union employees...

    and from that point forward, we've been treated to their utter lies and overcooked employment figures to reflect "successes" of the failed Keynesian stimulus measures on job "creation", and utter lies and undercooked figures on inflation (massive "hidden" tax borne from loose, fiat currency monetary policies), and the massive middle class tax hike Obamacare represents.....ALL of which, CRUSH the "little guy" progressive leftists claim to champion.

    all while demanding and emotionally extorting ("you didn't build that") more "unfair advantage" usage fees (taxes) from the "fortunate" rich...

    These transparently inept and unapologetic frauds have GOT to go.
     
  5. waltky

    waltky Well-Known Member

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    If only the unemployment rate were the same for everyone...
    :fart:
    Unemployment Rate Drops Again for Government Workers—Hitting 4.2%
    November 2, 2012 - The unemployment rate in the government sector continued to decline in October, dropping to 4.2 percent, according to the Bureau of Labor Statistics.
     
  6. Soidog

    Soidog New Member

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    Figures don't lie, but liars figure.
     
  7. skeptic-f

    skeptic-f New Member

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    Every President since the 1950s has used increasingly slanted criteria for unemployment figures. Dubya's administration reclassified fast food jobs as manufacturing jobs for a while, so that the loss in real manufacturing jobs wasn't as evident.
     
  8. sammy

    sammy Well-Known Member

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    It;s sad but this is one reason Romney will be the president very soon.

    American's want jobs, not welfare checks.
     
  9. Piscivorous

    Piscivorous New Member

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    Don't forget the billions funneled to Obama's cronies in the green energy bottomless pit.
     
  10. waltky

    waltky Well-Known Member

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    Obama doin' his part to reverse affirmative action...
    :wink:
    Black, Female Unemployment Higher Than When Obama Took Office
    February 11, 2013 – Unemployment for both women and African-Americans is higher today than it was when President Barack Obama first took office in 2009, according to federal government data.
    See also:

    Food Stamp Rolls in America Now Surpass the Population of Spain
    February 11, 2013 – Since taking office in 2009, food stamp rolls under President Barack Obama have risen to more than 47 million people in America, exceeding the population of Spain.
     
  11. waltky

    waltky Well-Known Member

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    Granny says, "Mebbe dem Hispexicans is goin' back home?...
    :grandma:
    Black, Latino Unemployment Falls as Thousands of Minorities Leave Labor Force
    April 5, 2013 – The unemployment rates for African Americans and Latinos both fell in March, as thousands of people gave up looking for a job during a month when the overall economy created only 88,000 jobs.
     
  12. gamewell45

    gamewell45 Well-Known Member Past Donor

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    Naw, Bush was worse; his policies were mainly responsible for the condition we are in today; Obama was stuck trying to fix the economy and hasn't had much luck.
     
  13. waltky

    waltky Well-Known Member

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    Unequal recovery from high unemployment affects minorities...
    :confusion:
    Report: Highest Unemployment for Hispanics is in RI at 20.3%, Blacks in Nevada at 16.8%
    November 7, 2014 -- A new report released by the Economic Policy Institute (EPI) using state unemployment data from the Bureau of Labor Statistics (BLS) shows that while the national unemployment rate was down to 5.9 percent in September – the lowest it’s been since July 2008 – the rates differ widely across states and across racial and ethnic groups measured over the third quarter of 2014.
    See also:

    Employment Situation Improves in October--Except for African Americans
    November 7, 2014 – The employment situation in October improved in every way for most Americans, except for African Americans, according to data from the Bureau of Labor Statistics (BLS).
     
  14. sammy

    sammy Well-Known Member

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    The real unemployment rate is far higher than 11%.
    You have to factor in those that have stopped looking, which the BLS doesn't.
    The liberal media is pushing a false story to make people thinks are better off than they actually are.

    More than 50% of college grads can't find good job.
    If the can't then others also have a problems finding jobs.
     
  15. Grizz

    Grizz New Member

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    As the story goes, a large company is looking for a new chief financial officer, so the personnel department sets out to find just the right person because the company president is known to be quite picky about the higher ranking people they hire. So, after scanning through hundreds of resumes, and many interviews, they winnow it down to three individuals who are invited to be interviewed by the president.

    One by one, they go into his office and come out just a few minutes later. President calls in the head of personnel and tells him to hire applicant #2. Personnel guy wonders why it took the president so little time to find the right person, so he asks. President says I just asked them one question which was, "How much is two and two?" Personnel guy asks, "What did applicant #2 answer?" President says he just asked me, "How much do you want it to be?"


    THE REAL UNEMPLOYMENT RATE FOR OCTOBER WAS 5.4%. Deal with it.
     
  16. edthecynic

    edthecynic Well-Known Member

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    Not true, BLS does keep track of workers who have given up looking for work and then calculated the UE rate including them. It is the U-4 rate, but the REAL unemployment rate has always been the U-3 rate for all white presidents and will return as the "REAL" rate when the next Republican is elected.

    The U-4 rate is now 6.2%
     
  17. PatrickT

    PatrickT Well-Known Member

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    Still blaming Bush. It was Bush who threw the southern border opened and invited thousands of undocumented Democrats to come north to live on the dole. It was Bush who had the feds turn murderers, rapists, and armed robbers loose and deport them to Los Angeles, Chicago, and Houston instead of to Mexico. Damn that George Bush. And remember when George Bush invited two illegal immigrants to ride in his limo hoping to get a few more votes from Mexican nationals. George Bush really was a dick, wasn't he? It was Bush who made the DOJ sue the states to prevent Voter ID, which most Americans support, and sent the DOJ in to foment racial strife in Florida and Missouri. Damn, that George Bush. And it was George Bush who supported the pitiful little dickheads in OWS, wasn't it? And it was Bush who drove the debt up the last six years and it was Bush who smiled like a loon as his wife said the night he was nominated was the only time in her adult life she was proud of the U.S. Yep, all George Bush. Oh, and it was George Bush who got the Senate to change the rules so his judicial nominees couldn't be blocked and now it's Bush were squirming and demanding the rule be changed back...for some reason.



    Don't you guys realize we're living in a socialist paradise but Americans are too stupid to realize how wonderful everything is. That's the position of the White House. Americans are stupid and need to be told what to do.
     
  18. gamewell45

    gamewell45 Well-Known Member Past Donor

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    Don't get me going on Bush; I could go for hours on his lack of command over the English language and all of his political snafu's which cost hundreds of thousands of people their lives.
     

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