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Pavlovian Manipulator
Four-fifths of the reduction in unemployment has been adults not looking for work
"In the weakest recovery since the Great Depression, more than four-fifths of the reduction in unemployment has been accomplished by a dropping adult labor force participation rate — essentially persuading adults they don't need a job, or the job they could find is not worth having," said University of Maryland economist Peter Morici.
http://www.cnbc.com/id/47292128
And.... GO! Just not to work.
"Well, the trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." - Ronald Reagan
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If you have nothing and you are offered something, it is worth having. A job not worth having is a matter of ego. I had an individual scream at me for 10 minutes one day because he had a PHD and was shoveling mulch for a living because that is all he could find. He probably thought I was being flip when I said I respected that he would do that. He hung up on me after that, but he was doing the job he could find. Not just giving up. If I had to I would work at flipping burgers or digging ditches to pay the bills. Too many choose to stay unemployed. Yeah, I said choose.
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Well it is not on fox so I guess it must be true. Does not matter it is the pubs fault.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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 Originally Posted by Huskermedic
Well it is not on fox so I guess it must be true. Does not matter it is the pubs fault.
you said it not me.
Originally Posted by CombatTargeteer
I trust 57
Originally Posted by HuskerWeatherman
He is the messiah.
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Originally Posted by Squatchsker
If you have nothing and you are offered something, it is worth having. A job not worth having is a matter of ego. I had an individual scream at me for 10 minutes one day because he had a PHD and was shoveling mulch for a living because that is all he could find. He probably thought I was being flip when I said I respected that he would do that. He hung up on me after that, but he was doing the job he could find. Not just giving up. If I had to I would work at flipping burgers or digging ditches to pay the bills. Too many choose to stay unemployed. Yeah, I said choose.
For sure! I have been there and done that. At one point I was working 3 jobs to pay the bills until I could get out of school and do what I wanted.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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Persistent unemployment has definitely been the biggest problem this economy faces. The work force participation rate is definitely a valid thing to look at in considering whether declines in the unemployment rate are illusory or signs of genuine improvement.
"The distinctive mark of the Christian, today more than ever, must be love for the poor, the weak, the suffering." Pope John Paul II
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Pavlovian Manipulator
Originally Posted by Huskermedic
Well it is not on fox so I guess it must be true. Does not matter it is the pubs fault.
Not sure from where this comes. I suppose because the pubs have been in charge for the past 3.5 years? That's probably it.
"Well, the trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." - Ronald Reagan
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Anyone have any numbers on how many baby boomers are retiring on a daily basis? I have heard/read that it's something like 10K per day. Of course this could be kind of forced retirement due to a weak job market but that could go along way to explaining the poor labor participation numbers and slowly falling unemployment number despite the pathetic job growth.
The trouble with weather forecasting is that it's right too often for us to ignore it and wrong too often for us to rely on it. ~Patrick Young
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Red Shirt
I just wish we could get true numbers, no seasonal adjustments, no proclaimed "not able to work" adjustments, just the straight numbers. It seems like all we do is make "adjustments" to show we are creating jobs. To me this is just as bad as milking the books in some sort of stock scheme.
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Originally Posted by Big Red Rick
Not sure from where this comes. I suppose because the pubs have been in charge for the past 3.5 years? That's probably it.
You should check your sarcasm meter. He was agreeing with you.
"The distinctive mark of the Christian, today more than ever, must be love for the poor, the weak, the suffering." Pope John Paul II
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Originally Posted by ShuckIt
I just wish we could get true numbers, no seasonal adjustments, no proclaimed "not able to work" adjustments, just the straight numbers. It seems like all we do is make "adjustments" to show we are creating jobs. To me this is just as bad as milking the books in some sort of stock scheme.
Well, there are legitimate differences of opinion as to what the "true numbers" are. The official number was arrived at because it represented the economists' consensus of the most accurate and least misleading measure of employment in America. To compare this official number with some sort of accounting scheme is completely misplaced: the Bureau of Labor Statistics releases five other measures of unemployment that take all of these other figures into account as well. The data is all there for anyone who wants to look at it.
What makes this sustained period of unemployment different from past episodes is that there are a lot more people leaving the workforce altogether, probably in large part because many of them are aging baby boomers as skernado said.
"The distinctive mark of the Christian, today more than ever, must be love for the poor, the weak, the suffering." Pope John Paul II
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Where do vets fit in in this...if you retired after 20 and can't find a job, are you unemployed or retired? I know I sure as hell needed a job after I retired and was stocking shelves overnight at Target for a few months until I got a more "permanent" job.
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Originally Posted by Big Red Rick
Not sure from where this comes. I suppose because the pubs have been in charge for the past 3.5 years? That's probably it.
Originally Posted by ChitownHusker
You should check your sarcasm meter. He was agreeing with you.
Correct I guess I broke my own rule by not putting in a  .
Anyway my wife's company just announced 10% reduction plan threw buy outs packages. It blows my mind people on the left feel there point of view of economic polices works. Just look at Europe, that is full on left side economics polices and they are in a world of hurt.
Born a Nebraskan, raised a Nebraskan, will die a Nebraskan!! Go Big Red!
Men of Israel, consider carefully what you intend to do to these men. Some time ago Theudas appeared, claiming to be somebody, and about four hundred men rallied to him. He was killed, all his followers were dispersed, and it all came to nothing. After him, Judas the Galilean appeared in the days of the census and led a band of people in revolt. He too was killed, and all his followers were scattered. Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.” - Gamalie the Pharisee - Addressing the Sanhedrin regarding the new group called Christians
"I support collecting more in taxes from people with high incomes who choose to actually pay taxes at lower tax rates than use lawyers and accountants to avoid taxes at higher tax rates," he wrote. "Some tax revenues at low tax rates is a heckuva lot better than no tax revenues at high tax rates." - Art Laffer (on 999 plan)
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Guest
Originally Posted by Huskermedic
Correct I guess I broke my own rule by not putting in a .
Anyway my wife's company just announced 10% reduction plan threw buy outs packages. It blows my mind people on the left feel there point of view of economic polices works. Just look at Europe, that is full on left side economics polices and they are in a world of hurt.
And I don't think we necessarily have to look too far from our own backyard to see where liberal policies take us. California is in a world of hurt and seems like half the state has relocated to Colorado...one reason we've been veering left here for the last several years. They figure they can do for Colorado what they did to California.
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it's the U6 number from the Dept of Labor. The one that is never publicized.
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Originally Posted by ShuckIt
I just wish we could get true numbers, no seasonal adjustments, no proclaimed "not able to work" adjustments, just the straight numbers. It seems like all we do is make "adjustments" to show we are creating jobs. To me this is just as bad as milking the books in some sort of stock scheme.
We will never get true numbers Obama wants to get re elected he can't have people knowing that his policies are a complete failure.
Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. Winston Churchill
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