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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (873103)7/16/2015 12:49:57 PM
From: zax  Read Replies (3) | Respond to of 1583514
 
If you add the unemployment rate and the percentage of workers are not participating in the labor force (which includes housewives, early retires, etc.), besides getting a number that isn't "real", you also get a number that hit a 68 year high under Bush and that has been going down since.

You must love Bush's solution of raising the retirement age and working longer hours in order to increase the labor force and production, no?

The fact is, unemployment is way down since Bush left, and is down more than any offset in the size of the labor force. The participation in the labor force is a long term trend, was considerably lower in the better part of the last century, and reflects many long term demographic factors that are independent of the economy.




To: jlallen who wrote (873103)7/16/2015 1:31:07 PM
From: tejek1 Recommendation

Recommended By
zax

  Read Replies (4) | Respond to of 1583514
 
"solid labor market and firming housing sector"?

Applications for new construction were down...how does that indicate firming?

You are frigging silly. Construction in this country is at its highest level since 2008. The economy is close to firing on all cylinders. If only Europe would get its act together................

And any BLS stats on jobs are not to be believed. Real unemployment is still almost 10%

Of course...........now if Fox News issued the employment figures, you wouldn't question them at all.