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Private-sector job growth an anemic 189,000 in March
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Apr 4, 2015 07:11:30   #
Antisocialist Loc: Florida
 
KHH1 wrote:
In a setback, the U.S. economy gained 126,000 jobs last month, much worse than expected.

Overall, the American economy has taken some hits this year due to a harsh winter and sluggish growth in other parts of the world. But most expect it to snap back and, over the past year, job creation has been strong.

The Labor Department also reported that the unemployment rate remained the same at 5.5% in March.

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In a setback, the U.S. economy gained 126,000 jobs... (show quote)


I have no doubt the harsh winter is responsible for part of the horrendous jobs report just released. But you fail to look beyond that at other economic indicators that began a slide last fall.

We have had 6 straight months of decline in Durable Goods orders, Factory Orders as well, but they do go somewhat hand in hand. That is a clear indication this slide began before the severe winter.

The signs have been there of a stagnant economy that is on the verge of a stall. You are only looking at a very narrow portion of our economy. If you look at all the numbers, you would see the entire picture that our economy sucks and we are in danger of slipping back into a technical recession.

I have to use the word 'technical' because if you ask many Americans, they don't believe we ever escaped the Great Recession that officially ended in 2009.

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Apr 4, 2015 07:18:00   #
Antisocialist Loc: Florida
 
KHH1 wrote:
There are a lot of factors that affect the participation rate....automation is first and foremost...there are other factors to but I am too busy to explain it all....but why don't you wrote these people and tell them why their national publication is BS and see what their reply is.

Obama's second term is on pace to be the best ever for private sector job growth

Read more: http://www.businessinsider.com/obama-private-sector-job-growth-2015-2#ixzz3WAs24rfM


You are posting more drivel from an outside source and disregarding the government labor statistics? Really?

Did you really suggest I write to the US Bureau of Labor Statistics and tell them their data is flawed? Please tell me that isn't what you suggested.

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Apr 4, 2015 07:30:28   #
PeterS
 
Antisocialist wrote:
You never hesitate to tell people how educated you are, yet you accept this garbage as factual? If you really want to learn the truth, never accept anything as fact until you research the numbers behind whatever you are reading. I would tell you to do the same thing if you were reading an article from an organization you view as ‘right’ leaning.

That source you linked is incredibly misleading. Here are the total employment numbers from the BLS;

2001 - 127,980,410
2002 - 127,523,760
2003 - 127,567,910
2004 - 128,127,360
2005 - 130,307,840
2006 - 132,604,980
2007 - 134,354,250
2008 - 135,185,230
2009 - 130,647,610
2010 - 127,097,160
2011 - 128,278,550
2012 - 130,287,700
2013 - 132,588,810
2014 - 135,128,260

All yearly data can be found here - http://www.bls.gov/oes/tables.htm

That data only tells part of the story. To get a more accurate picture of the US employment situation, you also need to consider the total population of the US for the corresponding time period, and the percentage of Americans who were actually employed. It would not be fair if I said there were 135 million people employed when Bush was POTUS in 2008 while Bill Clinton only had 112 million employed in 1994. The LFPR was 66.6% in 1994 and 66.2% in 2008. Clinton had slightly higher LFPR percentage even though the employment numbers were considerably lower. The overall numbers favor Clinton.

The Labor Force Participation Rate must be considered if you really want an accurate assessment of the employment situation. While the population of the US grew from 2001 to 2015, the percentage of Americans who were employed declined significantly. Here is the January reading for each corresponding year;

2001 – 67.2%
2002 – 66.5%
2003 – 66.4%
2004 – 66.1%
2005 – 65.8%
2006 – 66.0%
2007 – 66.4%
2008 – 66.2%
2009 – 65.7%
2010 – 64.8%
2011 – 64.2%
2012 – 63.7%
2013 – 63.7%
2014 – 63.0%
2015 – 62.9%

I tried to link the BLS table but it looks like it is Java based and I can’t hyperlink. Screenshot below.

I know someone will come back with the ‘Boomers retiring’ argument and that does explain part of the decline in LFPR, but only part.

If you run the math, you would find that it equals ‘O’skidmark has failed’.
You never hesitate to tell people how educated you... (show quote)


According to a study at Boston College LFP should be at about 64.5% and declining. You are doing an apple and orange comparison. In addition, the jobs lost in this cycle were more due to business closings then they were to layoffs. This is a structural shift in the economy which is combined with a demographic shift and you will never see an LFP above 65% again...

http://crr.bc.edu/wp-content/uploads/2014/02/IB_14-4-508.pdf

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Check out topic: OMG we all heard it
Apr 4, 2015 08:16:18   #
Antisocialist Loc: Florida
 
PeterS wrote:
You are doing an apple and orange comparison


No, you are attempting to turn into something it isn't.

PeterS wrote:
In addition, the jobs lost in this cycle were more due to business closings then they were to layoffs


Well shit, there's a reason to celebrate.

You Libtards just don't get it; the US is (and has been) in a downward trajectory for some time and O'dickhead lit the afterburners.

There are extreme structural deficiencies in our economy and the US debt is about to crush not only us, but the world. Keep cherry picking whatever data gives you a warm and fuzzy.

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Apr 4, 2015 10:07:21   #
katron Loc: Texas and Arizona
 
Antisocialist wrote:
Well shit, there's a reason to celebrate.

You Libtards just don't get it; the US is (and has been) in a downward trajectory for some time and O'dickhead lit the afterburners.

There are extreme structural deficiencies in our economy and the US debt is about to crush not only us, but the world. Keep cherry picking whatever data gives you a warm and fuzzy.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Every word you write is TRUE, and so many failing to understand that IS THE PROBLEM.

Another little nit the left can pick: government policies and regulations are resposible for ALL OUR PROBLEMS. Businesses when constantly harrassed and constantly having to provide more and more and more expenses to those businesses eventually shut down in order to personally survive. Really stringent regulations and/or requirements placed on businesses kill the businesses eventually if not immediately. Obamacare has done a LOT of damage in that regard. The EPA has done tons of damage to businesses and individuals alike. NO GOVERNMENT agency or department is worth the damage it causes, yet the political left demands more and more egregious regulations to FORCE people and businesses to change. And they've succeeded; unfortunately those changes are NOT what the left had in mind. The left believes in massive control, and cannot bring themselves to accept that massive control loses jobs, loses manufacturing, loses businesses, and at the same time raises costs to customers and other businesses.......and to the leftists as well as to those on the political right. They seem to have no sense of self-survival if it cannot be accomplished with FORCE.
The left DOES NOT GET IT AND WILL NEVER GET IT BECAUSE TO DO SO KILLS THEIR SHALLOW BELIEF IN WHAT IS TRUE AND WHAT IS FALSE. They CANNOT AFFORD TO ADMIT THEY ARE WRONG, DEADLY WRONG about most things they so deeply believe. They have been taught all their lives that such and such are TRUTH, and cannot imagine thinking LOGICALLY. Even PROOF cannot cut through their tanacious bias and self immolating determination to FORCE on everyone what THEY believe......... and that is dangerous as hell to any civil society.

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Apr 4, 2015 10:29:01   #
waltmoreno
 
7 years into Obama's presidency and Obama's die-hard supporters are still saying 'Bush's fault'. It's beyond belief! It goes to show you that there's no reasoning with them. They're hopeless! It's like the new quarterback complaining that the last quarterback left him on his own 5 yard line and after all his efforts we're now on our 1 foot line.

No matter how bad Bush might have been, you'd think that after 7 years Obama might have moved the ball forward a bit. But when you believe that you can 'stimulate' your own household's economic well-being by buying new furniture, drapes, carpets, etc, even though you're dead broke, then you might fall for Obama's failed policies.

Obama might have taken a page from Reagan's playbook and instead of stimulus spending, do what every right-thinking household would do - CUT SPENDING aka, cutting taxes. He would then have realized a strong, vibrant economy. But Obama's all about control of the state and power - like all dictators before him.

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Apr 4, 2015 10:41:57   #
katron Loc: Texas and Arizona
 
waltmoreno wrote:
7 years into Obama's presidency and Obama's die-hard supporters are still saying 'Bush's fault'. It's beyond belief! It goes to show you that there's no reasoning with them. They're hopeless! It's like the new quarterback complaining that the last quarterback left him on his own 5 yard line and after all his efforts we're now on our 1 foot line.

No matter how bad Bush might have been, you'd think that after 7 years Obama might have moved the ball forward a bit. But when you believe that you can 'stimulate' your own household's economic well-being by buying new furniture, drapes, carpets, etc, even though you're dead broke, then you might fall for Obama's failed policies.

Obama might have taken a page from Reagan's playbook and instead of stimulus spending, do what every right-thinking household would do - CUT SPENDING aka, cutting taxes. He would then have realized a strong, vibrant economy. But Obama's all about control of the state and power - like all dictators before him.
7 years into Obama's presidency and Obama's die-ha... (show quote)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I believe the entire left wing consists of psychopaths.

psychopath: a person with a psychopathic personality, which manifests as amoral and antisocial behavior, lack of ability to love or establish meaningful personal relationships, extreme egocentricity, failure to learn from experience, etc.

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Apr 4, 2015 15:40:05   #
KHH1
 
Antisocialist wrote:
You are posting more drivel from an outside source and disregarding the government labor statistics? Really?

Did you really suggest I write to the US Bureau of Labor Statistics and tell them their data is flawed? Please tell me that isn't what you suggested.


I said but why don't you write THESE people and tell them why their national publication is BS and see what their reply is. Did I really have to explain that? Really?

Obama's second term is on pace to be the best ever for private sector job growth

Read more: http://www.businessinsider.com/obama-private-sector-job-growth-2015-2#ixzz3WAs24rfM

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