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To: Steve Lokness who wrote (7957)	2/3/2012 10:48:00 AM
From: Sdgla	3 Recommendations Read Replies (2) \| Respond to of 85487

Have to disagree with you there Steve. Life does not suck.... theres much to be thankful for. As far as the report goes.... you can fool some of the people some of the time..... 1.8 million people have dropped out of the pool. If you take par {use the same parameters as the first report under Obama} numbers into account the correct UE # is around 10 %. seekingalpha.com So the question remains... who is making these tweaks to the report and why do it ?

To: Steve Lokness who wrote (7957)	2/3/2012 11:20:21 AM
From: longnshort	3 Recommendations Respond to of 85487

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low Submitted by Tyler Durden on 02/03/2012 08:51 -0500 A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement. Chart below shows it all - that jump is not a fat finger! And Labor Force Participation: This is the largest absolute jump in 'Persons Not In Labor Force' on record...and biggest percentage jump in 30 years. Chart: Bloomberg Average: 5 Your rating: None Average: 5 (13 votes)