Unemployment is down right........wrong (deception personified)

[russ1945]

[h=2]Record 93,770,000 Americans Not in Labor Force; Participation Rate Remains at 38-Year Low[/h]Official unemployment static at 5.3 percent, but ‘real’ unemployment rate slightly over 10 percent
SHARE
TWEET
EMAIL

Veterans wait to register at a job fair / AP​

BY: Ali Meyer
August 7, 2015 9:35 am

A record 93,770,000 Americans 16 or older did not participate in the nation’s labor force in July, and the labor force participation rate remained at 62.6 percent, a 38-year low, according to data released Friday from the Bureau of Labor Statistics (BLS).
The 93,770,000 Americans not in the labor force are those individuals who did not have a job and did not actively seek one in the past four weeks. This measure increased by 144,000 individuals over the month.
The participation rate, the percent of the population who participated in the labor force by either having a job or actively seeking one in the past four weeks, remained unchanged from June to July at 62.6 percent. This metric hasn’t been this low since October 1977, when it was 62.4 percent—a span of 38 years.
The unemployment rate remained unchanged from June to July at 5.3 percent. This measure does not account for those individuals who have dropped out of the labor force. The unemployment rate simply measures the percent of those who did not have a job, but actively sought one over the month. The number of unemployed individuals dropped by 33,000 over the month.
The ‘real’ unemployment rate in July, or the U-6 measure, was 10.4 percent, which dropped slightly from the 10.5 percent it was in June. Some democrats such as Sen. Bernie Sanders (I., Vt.) and Federal Reserve Chair Janet Yellen have said that this measure is more representative of the labor market because it accounts for discouraged workers and those working part time instead of full time for economic reasons.

 

[russ1945]

[h=2]Record 56,209,000 Women Not in Labor Force; Participation Rate Remains Steady at 56.7%[/h]Since Obama took office, 6.9 million women have dropped out of labor force
SHARE
TWEET
EMAIL

AP​

BY: Ali Meyer
August 7, 2015 9:50 am

A record 56,209,000 women 16 or older did not participate in the nation’s labor force in July, according to data released Friday by the Bureau of Labor Statistics (BLS).
The 56,209,000 women not in the labor force did not have a job and did not actively seek one in the past four weeks. This measure increased by 124,000 individuals over the month.
When President Obama took office in January 2009, there were 49,226,000 women not in the labor force. This means that since that time, 6,983,000 women have dropped out of the labor force.
The participation rate, the percent of the population who participated in the labor force by either having a job or actively seeking one in the past four weeks, remained unchanged from June to July at 56.7 percent.
The unemployment rate increased in July for women at 5.3 percent from 5.2 percent in June.
The number of unemployed women, those who did not have a job but actively sought one, increased by 63,000 over the month. The number of employed women declined by 81,000 in July.

 

[Acebb]

Since 2007: 1.4 million manufacturing jobs lost
1.4 million waiter/bartender jobs gained

July job numbers: 211K more workers over age 55;
131K *fewer* workers age 25-54

face)(*^%

 

[superbeets]

• SHARE PICTURE

​

+6


Rise likely: A mostly in-line US July jobs report today stoked expectations that the Federal Reserve, under chair Janet Yellen (pictured) could sanction a rate hike as early as next month


.

 

[superbeets]

US stock futures edged lower after July’s non-farm payrolls report showed that the US gained 215,000 jobs in July, broadly in line with estimates, while the unemployment rate stayed unchanged at 5.3 per cent, putting Fed boss Janet Yellen on course to raise interest rates for the first time since 2006.
Dennis de Jong, managing director at UFX.com, said: ‘Today’s figure has given Janet Yellen and her Fed colleagues the ammunition to pull the trigger on an interest rate rise next month, and they aren’t likely to hold back.
‘The US economy remains in a healthy state and, although there are economic threats around the world, the time is right for a first rate hike in nine years.


.‘Other economies are likely to follow suit over the next few months as we get back towards a semblance of economic normality.’

.

 

[GasMan]

Unemployment is lower claims the administration.

It is actually higher says fact and data.

Did Jon Stewart talk about his in his shows?

 

[Dave007inVegas]

Here’s an oldie but a goody.

Obama’s handling of the economy is the epitome of perfection.

 

[Willie99]

1) the democratic base has no use for facts, and they don't like compound fractions either. Youse need to keep it simple (just tell them what they want to hear)

2) they have no use for a high labor participation rate, that would only diminish their base. The more people doing nothing, the better off they are

 

[vitterd]

1) the democratic base has no use for facts, and they don't like compound fractions either. Youse need to keep it simple (just tell them what they want to hear)

2) they have no use for a high labor participation rate, that would only diminish their base. The more people doing nothing, the better off they are

The economy has gained nearly 5 times more jobs under Obama than it did under Bush

unemployment dropped to near historic average( what was it when W left office)

corporate profits tripled and stocks have shot up

you mean those facts?

you guys are amazing people. Lol

 

[skoda]

What happened to discussion on $15 an hour Shush()*

 

[Willie99]

The economy has gained nearly 5 times more jobs under Obama than it did under Bush

unemployment dropped to near historic average( what was it when W left office)

corporate profits tripled and stocks have shot up

you mean those facts?

you guys are amazing people. Lol

Delussional

 

[vitterd]

Delussional

Yep. Me, factcheck websites, bureau of labor and statistics....all delusional. Too funny

 

[Willie99]

The economy has gained nearly 5 times more jobs under Obama than it did under Bush

unemployment dropped to near historic average( what was it when W left office)

corporate profits tripled and stocks have shot up

you mean those facts?

you guys are amazing people. Lol

Delussional, Obama owns the worst economy since the great depression, the highest unemployment rates in modern history, and corporate profits are higher because the clueless wonder made them cut their labor force as a result of all the uncertainty he created.

Now while I've been making the same argument for years, you, in typical libtard fashion, jump from praising Obama for a good economy to blaming the republicans for a bad economy every 30 days or so.

Just like fratfraud, you can't keep your story straight

 

[SheriffJoe]

The economy has gained nearly 5 times more jobs under Obama than it did under Bush

unemployment dropped to near historic average( what was it when W left office)

corporate profits tripled and stocks have shot up

you mean those facts?

you guys are amazing people. Lol

 

[vitterd]

You can't read. Not blaming bush.....making a comparison....and Obama wins.

All the facts are delusional.....didn't you hear?