OPP Newsletter

oldroy Loc: Western Kansas (No longer in hiding)

Well those people at the Department of Labor have never counted those who stop looking as unemployed. I don't think they could even count those people if they saw their names on the list of those looking for money as unemployed. Is there a real reason why those people count like that?

Yankee Clipper

Do you really believe those numbers? I know what they say, but are they honest numbers? NOT! Can't prove it just don't believe anything the government puts out.

oldroy Loc: Western Kansas (No longer in hiding)

There is no reason not to believe those numbers but I do think that they need to count all the people who have given up looking. That would make that 7.6% be more like 14 or 15%. Of course, we know why they won't do like that.

Yankee Clipper

I believe the labor dept. is and has been cooking the books back more than just a few administrations. I believe that our government began to go south as far back as Lincoln's administration. It steadily got worse with Wilson, FDR, LBJ, Nixon, Clinton, Bush, and really bad under the usurper in chief. It covers both parties and we've been swallowing the BS for a long time.

The Dutchman

You dammed right they have been cooking the books just to try and make the obozo look good when normal people know what a looser he really is!! He will never allow the real unemployment records to be exposed.

People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels

http://www.zerohedge.com/news/2013-04-05/people-not-labor-force-soar-663000-90-million-labor-force-participation-rate-1979-le

The Dutchman

Today, we got the laughable news that the unemployment rate declined even as those not in the labor force grew by over 660,000, while the total civilian non-institutional population grew by just 167,000 to 244,995, meaning the actual labor force declined by 496,000. Which is precisely the issue: fudging the labor force participation rate is how the Obama administration has managed to maintain the myth the economy has grown under his leadership for the past 4+ years. It hasn't, and in fact if one renormalizes for the recent long-term average participation rate of 65.8%, one gets a very different number. How different? A difference that is now at a record compared to what is reported. As the chart below shows, a "renormalization" process indicates a massive and record 4% difference between the reported unemployment rate of 7.6%, and what the real unemployment rate is assuming normal growth of the labor force, which in March was 11.6%, up from 11.3% in February, and the highest since August 2012 when it was 11.7%. More importantly, as the real unemployment chart shows, the economy has not improved by one bit since 2009!

Yankee Clipper

Your two contributions tell the story, nice job!

theoldguy44

633,000 more people gave up looking for work, but who is counting? Certainly not the lapdog media which never vetted Obama or will ever post any news that reflects negatively on him, ever.

LAwrence

They are realy lieing. They never talk about the number of jobs lost in the same time period.

oldroy Loc: Western Kansas (No longer in hiding)

Who is counting? Darned sure not the Labor Department or anybody else in the administration.

CSM_BR1 Loc: Everywhere

Why do we even have a labor dept.?? There is no function done at the dept. that we need or must have. They do not help with any labor or employment... Here's one place we could save billions if not a trillion!!

LAwrence

Yes! Remove it along with every agency they have created since 1960

Yankee Clipper

All of the agencies not specified in the Constitution are unconstitutional and should be shut down immediately.

oldroy Loc: Western Kansas (No longer in hiding)

I could stand for 1972 instead of 1960 since that would take care of the Dept. of Education along with DHS, both of which were formulated by establishment politicians to promote progressive issues.