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Another terrible jobs number

Discussion in 'BBS Hangout: Debate & Discussion' started by bigtexxx, Sep 7, 2012.

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  1. SamFisher

    SamFisher Member

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    Conspiwacy Theowy or Gwoupfink? You tell us pudge....
     
  2. sammy

    sammy Member

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    Poor repubs are sad from this report.

    Remember that they don't want our beloved nation to succeed under a democratic president.
     
  3. dandorotik

    dandorotik Member

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    Unemployment, February 1st year of term to September 4th year of term (February is used because President is not sworn in until January 21st- since that’s less than half a month, February is the first full month for a Presidential term. September is used so that all can be compared with the exact same number of months).

    1. Clinton 1: 7.1% to 5.1% (-2.0)
    2. Reagan 2: 7.2% to 5.4% (-1.8)
    3. Clinton 2: 5.2% to 3.9% (-1.3)
    4. Obama 1: 8.3% to 7.8% (-.5)
    5. Reagan 1: 7.4% to 7.3% (-.1)
    6. W Bush 2: 5.4% to 6.1% (+.7)
    7. W Bush 1: 4.2% to 5.4% (+1.2)
    8. HW Bush 1: 5.2% to 7.6% (+2.4)

    http://www.miseryindex.us/indexbymonth.aspx?type=UR
     
  4. CCorn

    CCorn Member

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    Too bad big bird is about to be unemployed.
     
  5. Roxnostalgia

    Roxnostalgia Member

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    You think Romney is going to win?
     
  6. CCorn

    CCorn Member

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    Na, not at all. But if Obama plans to bring Democrats and Republicans together, he needs to throw the cookie monster on the street!
     
  7. Commodore

    Commodore Member

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    114k jobs added is terrible, not even enough to keep up with population growth

    The 7.8% number comes from 456k less total unemployed. How does that jive with only 114k added? Simple, the other 342k just left the workforce. That's one way to bring the UE number down I guess
     
  8. thumbs

    thumbs Member

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    I admit I am puzzled how 114,000 jobs -- a third of the monthly number needed to bring down joblessness -- brings down the jobless percentage down by half a percent. I believe Obama is counting part-time jobs -- jobs like paying each of his part-time telephone bank "employees" a penny or so apiece. This is the same way he considerably exagerated his "green jobs" count -- by including everyone from bus drivers using bio-diesel fuels to janitors using "green" cleaning agents.
     
  9. Major

    Major Member

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    Nice try, except labor force participation went up this month. Standard GOP talking point doesn't work this time.
     
  10. djohn2o12

    djohn2o12 Member

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    Its pretty decent giving the repugs opposition and killing the ACA.
     
  11. djohn2o12

    djohn2o12 Member

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    American job act
     
  12. Major

    Major Member

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    You know, you could just do a little Google research on how the numbers are calculated instead of making up wild conspiracy theories. I realize you don't actually care about knowing things and instead like to just believe whatever makes Obama look worst, but it's always an option if you ever decide there's some value to being educated.
     
  13. H-TownBBall

    H-TownBBall Member

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    I saw that as well. I guess in the end my question is how does this all add up? Too many conflicting factors. Did they revise the working age population downward?
     
  14. thumbs

    thumbs Member

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    It's easy to manipulate the numbers when you control the apparatus that generates the numbers. If you would ever remove your rose colored glasses and face the realities of the harm Obama is doing to the nation, you will be better served.
     
  15. Major

    Major Member

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    No - it's pretty simple. The two numbers are calculated from different surveys, so they don't move in tandem. It's always been that way - on the way up, and on the way down.

    http://blogs.wsj.com/economics/2012/10/05/why-did-the-unemployment-rate-drop-9/

    Also, the payroll number gets revised for previous months (where many more jobs were created than previously counted), whereas unemployment rate doesn't.
     
  16. basso

    basso Member
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  17. Major

    Major Member

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    It's also easy - much easier - to do basic research and learn basic facts. If you ever removed blinders, you'd see that there are pretty simple explanations for all the many, many things that you don't understand.

    For your theory to work, Obama would have to convince a bunch of civil servants - including many Romney supporters - to risk their careers to fudge numbers in his favor. It would take just one person exposing it to bring down his entire administration. So yeah, I think your conspiracy theory is garbage.
     
  18. FranchiseBlade

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    Great strategy. Try and pretend the numbers are fixed, even though it's the same way the numbers have been calculated for Presidents for decades.

    Keep trying to cheer on bad jobs and economic numbers. So much for country over any party that you claimed the other day.
     
  19. DonnyMost

    DonnyMost Member
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    Numbers bad: LOL OBAMA SUX

    Numbers good: WTF CONSPIRACY
     
  20. FranchiseBlade

    Supporting Member

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    The jobs in July and August were actually much higher than they had thought. So those revisions in addition to the new jobs for this report made a difference.
     

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