U.S. Unemployment Rate Drops to Lowest Since December 2008

[Jordan]

http://www.washingtonpost.com/busin...d2c482-4070-11e2-a2d9-822f58ac9fd5_story.html

The national unemployment rate fell to 7.7 percent from 7.9 percent, and the nation added 146,000 jobs, not the mere 85,000 that forecasters had expected.

Indeed, the job market has been remarkably consistent over the past year, adding an average of 157,000 jobs a month — well above the level needed to keep pace with a growing labor force, but slow enough that it would still take years to bring unemployment down to the 5 percent to 6 percent range.

Just keep swimming!

 

[ronpaulfollower999]

Meanwhile, in real world America, the labor force participation rate dropped again. http://data.bls.gov/timeseries/LNS11300000

 

[newbitech]

Meanwhile, in real world America, the labor force participation rate dropped again. http://data.bls.gov/timeseries/LNS11300000

The unemployment numbers are gonna look real good once the baby boomers retire and the abortion gap kicks in. Unless..

 

[Steven Douglas]

Just keep swimming!

That is the Keynesian Ponzi Enslavement mantra to be sure.

Homebuilders have a big problem: too few workers!
Started by Jordan‎, Today
Why we should get rid of the debt ceiling
Started by Jordan‎, Today
Household Wealth Rises to Near 2007 High
Started by Jordan‎, Yesterday
U.S. is becoming top low cost energy destination for big business
Started by Jordan‎, Yesterday
Construction Spending up 9.6% Year over Year
Started by Jordan‎, 12-03-2012
November Car Sales Could Hit Pace Not Seen Since 2008
Started by Jordan‎, 11-28-2012

Merry Trollness, Jordan.

 

[Tpoints]

That is the Keynesian Ponzi Enslavement mantra to be sure.

Homebuilders have a big problem: too few workers!
Started by Jordan‎, Today
Why we should get rid of the debt ceiling
Started by Jordan‎, Today
Household Wealth Rises to Near 2007 High
Started by Jordan‎, Yesterday
U.S. is becoming top low cost energy destination for big business
Started by Jordan‎, Yesterday
Construction Spending up 9.6% Year over Year
Started by Jordan‎, 12-03-2012
November Car Sales Could Hit Pace Not Seen Since 2008
Started by Jordan‎, 11-28-2012

Merry Trollness, Jordan.

our in house devil's advocate

 

[Jordan]

That is the Keynesian Ponzi Enslavement mantra to be sure.

Homebuilders have a big problem: too few workers!
Started by Jordan‎, Today
Why we should get rid of the debt ceiling
Started by Jordan‎, Today
Household Wealth Rises to Near 2007 High
Started by Jordan‎, Yesterday
U.S. is becoming top low cost energy destination for big business
Started by Jordan‎, Yesterday
Construction Spending up 9.6% Year over Year
Started by Jordan‎, 12-03-2012
November Car Sales Could Hit Pace Not Seen Since 2008
Started by Jordan‎, 11-28-2012

Merry Trollness, Jordan.

Those are all relevant topics for a forum on economics, no?

 

[Tpoints]

Those are all relevant topics for a forum on economics, no?

relevant, definitely. Not the tone this board is used to hearing

 

[ronpaulfollower999]

our in house devil's advocate

Oh, we have more than one.

 

[Steven Douglas]

Those are all relevant topics for a forum on economics, no?

Economics & Sound Money

That would be the formal name of this forum; two issues that are fully intertwined and absolutely inseparable, despite some very bizarre (albeit mainlined mainstream) fantasies to the contrary.

There's nothing generic or unbiased about this forum, no secret there. We're all about economics, and especially as it relates to sound money. You're playing dumb, as if you're in the ACME Economics Forum, even while you actively cheerlead for a Keynesian-spawned Ponzi Economy in a Ron Paul Forum, of all places.

But that's just Captain Obvious from the Department of Redundancy Department to Obvious Troll, telling him that he's being Obvious.

There's nothing wrong with contrary opinions that go against the "mainstream" (whatever that is based on locale, or, "When in Rome, at the least remember that mostly Romans are there."). If you were forthright, however, you could have your obvious pot-stirring digs in a much more forthright way--like, acknowledging up front the intended effect you knew your shit was going to have (you're stupid if you think anyone is that stupid), and throwing down a real gauntlet. The effect would be the same, of course, as debates and arguments would ensue in much the same way. But your stock would go up, because you will have shown a respect for the fact that people aren't stupid, and honest disagreement could still take place. Instead, here you are, with everyone fully aware that you are tossing in grenades, while simultaneously playing a poop-stupid intelligence-insulting game of "Huh? Wha? I tot dis wuz a ekanomiks forum!" ::: cue really bad impression of Dr. Evil batting goofy eyes with an innocent finger to the lips :::

 

[FindLiberty]

What is the actual U.S. employment rate (it's a ratio of individuals/families/household/homeless or sometin')?

How many of those that are employed are working for (or contracted by/supplying mostly to) government?

 

[Jordan]

Economics & Sound Money

That would be the formal name of this forum; two issues that are fully intertwined and absolutely inseparable, despite some very bizarre (albeit mainlined mainstream) fantasies to the contrary.

There's nothing generic or unbiased about this forum, no secret there. We're all about economics, and especially as it relates to sound money. You're playing dumb, as if you're in the ACME Economics Forum, even while you actively cheerlead for a Keynesian-spawned Ponzi Economy in a Ron Paul Forum, of all places.

But that's just Captain Obvious from the Department of Redundancy Department to Obvious Troll, telling him that he's being Obvious.

There's nothing wrong with contrary opinions that go against the "mainstream" (whatever that is based on locale, or, "When in Rome, at the least remember that mostly Romans are there."). If you were forthright, however, you could have your obvious pot-stirring digs in a much more forthright way--like, acknowledging up front the intended effect you knew your shit was going to have (you're stupid if you think anyone is that stupid), and throwing down a real gauntlet. The effect would be the same, of course, as debates and arguments would ensue in much the same way. But your stock would go up, because you will have shown a respect for the fact that people aren't stupid, and honest disagreement could still take place. Instead, here you are, with everyone fully aware that you are tossing in grenades, while simultaneously playing a poop-stupid intelligence-insulting game of "Huh? Wha? I tot dis wuz a ekanomiks forum!" ::: cue really bad impression of Dr. Evil batting goofy eyes with an innocent finger to the lips :::

SD, I'm not playing dumb. I'm not that intelligent. If you think I'm playing dumb, then I'm probably just dumb.

I enjoy posting interesting economic news as I find it. You don't have to participate. You don't have to be angry that I'm posting it. I think there's a way to hide all my posts from your view of the forum when you log in, which would mean you don't even have to see what I post!

I'm sorry you're so offended with material that doesn't share the same view of the world as you have. Try not to take it so personally. I don't.

 

[Jordan]

Anyway, back to the subject at hand, it's good to see that unemployment is down. Sure, the labor force shrank, but that's good news too - it means people are confident in their retirement plans or wealthy enough they don't need to work.

 

[John F Kennedy III]

LOL! Real unemployment has to be pushing 25% by now. Underemployment another 25% (pulling this underemployment number out of my ass).

 

[John F Kennedy III]

relevant, definitely. Not the tone this board is used to hearing

They all reference obviously inaccurate data. Just sayin'.

 

[John F Kennedy III]

SD, I'm not playing dumb. I'm not that intelligent. If you think I'm playing dumb, then I'm probably just dumb.

I enjoy posting interesting economic news as I find it. You don't have to participate. You don't have to be angry that I'm posting it. I think there's a way to hide all my posts from your view of the forum when you log in, which would mean you don't even have to see what I post!

I'm sorry you're so offended with material that doesn't share the same view of the world as you have. Try not to take it so personally. I don't.

It's not that it is a different world view, it's that all those threads reference OBVIOUSLY INACCURATE DATA.

 

[John F Kennedy III]

Anyway, back to the subject at hand, it's good to see that unemployment is down. Sure, the labor force shrank, but that's good news too - it means people are confident in their retirement plans or wealthy enough they don't need to work.

Ok. You're trolling. Period.

 

[Steven Douglas]

SD, I'm not playing dumb. I'm not that intelligent. If you think I'm playing dumb, then I'm probably just dumb.

Perhaps you are as dumb a fox, who knows.

I enjoy posting interesting economic news as I find it. You don't have to participate. You don't have to be angry that I'm posting it. I think there's a way to hide all my posts from your view of the forum when you log in, which would mean you don't even have to see what I post!

Oh, I don't mind at all, and I will participate (another Captain Obvious observation). Wouldn't miss it for the world, you're the straw that stirs the drink!

I'm sorry you're so offended with material that doesn't share the same view of the world as you have. Try not to take it so personally. I don't.

Nice reframing attempt, but I already said that the material isn't the problem--only the intelligence-insulting way that it's presented ("Wut? I just find innersting stuffs about ekanomics, tha's all!"). But you stayed in character, as I figured you might, and denied it. I accept that on face value, and we can all form our own opinions about it.

Anyway, back to the subject at hand, it's good to see that unemployment is down. Sure, the labor force shrank, but that's good news too - it means people are confident in their retirement plans or wealthy enough they don't need to work.

Yeah, good news all around, eh? Can't you just smell all the hope and change in the air. It's intoxicating. Everything is looking up, sunny skies from here on in are the limit!

 

[Zippyjuan]

The figures were mixed. There were more new jobs created than expected but most of the drop in the unemployment rate was due to fewer people particpating in the work force. Some of that was due to Storm Sandy. If people were not able to look for work due to the storm, they were counted as not in the work force.

 

[Jordan]

Ok. You're trolling. Period.

Nope, we just have a different perspective.

Perhaps you are as dumb a fox, who knows.

Oh, I don't mind at all, and I will participate (another Captain Obvious observation). Wouldn't miss it for the world, you're the straw that stirs the drink!

Nice reframing attempt, but I already said that the material isn't the problem--only the intelligence-insulting way that it's presented ("Wut? I just find innersting stuffs about ekanomics, tha's all!"). But you stayed in character, as I figured you might, and denied it. I accept that on face value, and we can all form our own opinions about it.

Yeah, good news all around, eh? Can't you just smell all the hope and change in the air. It's intoxicating. Everything is looking up, sunny skies from here on in are the limit!

I find it interesting that because I have a different view on the issues I am automatically here for some nefarious scheme.

 

[tod evans]

Rainbows and lollypops for everybody!

Wheee, whadda ride...