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“Paper Or Plastic?”

Since: Nov 11

Albakoikee

#22 Jan 12, 2014
gokeefe wrote:
Good points, helpful! I was referring to the unemployment rate as it is discussed in the news/mass media. Very little detail is provided in that probably because no one wants to look at the ugly truth. And the point made that both sides do know the composite behind these numbers IMHO is quite true. I haven't seen a breakdown like WW provided yet. Insightful. Also not mentioned is the fact the government stops counting you once you no longer claim unemployment compensation--for any reason, including that you are no longer eligible but have no job.
http://jobs.aol.com/articles/2013/05/03/older...
http://www.economicpopulist.org/content/long-...
We also do not talk about the "labor participation rate"--which if I remember right is lower than it has been in nearly 40 years.
Exactly what I was saying re: those who have exhausted their benefits and have been removed from the rolls. Voila, the numbers go down. News sources know this but aren't reporting the facts for some reason.
Big Johnson

Columbus, OH

#23 Jan 12, 2014
rowdy01 wrote:
News sources know this but aren't reporting the facts for some reason.
Yes they are. How else would you know it?

I know it simply by scanning Google news. I did not read any articles. It was all right there in the little blurbs with each headline. Unemployment down, jobs growth weak, large numbers of people dropping off the rolls and out of the job market.
Pope Che Reagan Christ I

Lodi, OH

#24 Jan 12, 2014
Big Johnson wrote:
<quoted text>
Yes they are. How else would you know it?
I know it simply by scanning Google news. I did not read any articles. It was all right there in the little blurbs with each headline. Unemployment down, jobs growth weak, large numbers of people dropping off the rolls and out of the job market.
Not everybody is an insider like you.

“Paper Or Plastic?”

Since: Nov 11

Albakoikee

#25 Jan 12, 2014
Big Johnson wrote:
<quoted text>
Yes they are. How else would you know it?
I know it simply by scanning Google news. I did not read any articles. It was all right there in the little blurbs with each headline. Unemployment down, jobs growth weak, large numbers of people dropping off the rolls and out of the job market.
Maybe because I watched CBS evening news last night and read between the lines. Its what they are not saying that's important. Its been this way forever, not a recent turn of events.

“animis opibusque parati”

Since: Oct 12

Location hidden

#26 Jan 12, 2014
Getting to the heart of the matter...courtesy of News...busters.

http://newsbusters.org/blogs/tom-blumer/2014/...
Wait what

Dublin, OH

#27 Jan 12, 2014
gokeefe wrote:
Good points, helpful! I was referring to the unemployment rate as it is discussed in the news/mass media. Very little detail is provided in that probably because no one wants to look at the ugly truth. And the point made that both sides do know the composite behind these numbers IMHO is quite true. I haven't seen a breakdown like WW provided yet. Insightful. Also not mentioned is the fact the government stops counting you once you no longer claim unemployment compensation--for any reason, including that you are no longer eligible but have no job.
http://jobs.aol.com/articles/2013/05/03/older...
http://www.economicpopulist.org/content/long-...
We also do not talk about the "labor participation rate"--which if I remember right is lower than it has been in nearly 40 years.
Actually, the demographic and associated stats is noted in the BLS link I posted. No page number to reference (before I get jumped on for THAT).
__________
Discouraged Workers

Discouraged workers are a subset of persons marginally attached to the labor force. The marginally attached are those persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months, but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Among the marginally attached, discouraged workers were not currently looking for work specifically because they believed no jobs were available for them or there were none for which they would qualify

http://www.bls.gov/cps/lfcharacteristics.htm#...

And yes, it is discussed in the news as far as the unemployment rate goes:

http://connecticut.cbslocal.com/2013/12/23/co...

The labor participation rate is discussed in all kinds of articles dated as recently as January 10th:

http://www.thewire.com/business/2014/01/curio...

http://www.marketwatch.com/story/participatio...

http://www.businessinsider.com/unemployment-l...
Wait what

Dublin, OH

#28 Jan 12, 2014
-tip- wrote:
Getting to the heart of the matter...courtesy of News...busters.
http://newsbusters.org/blogs/tom-blumer/2014/...
It cracks me up when I see goofy photos that the media is using of the president. Alas, he was human after all - what goes up, must come down.

“Ludibrium est onus genio”

Since: Dec 11

Planet Earth

#29 Jan 12, 2014
Big Johnson wrote:
<quoted text>
Yes they are. How else would you know it?
I know it simply by scanning Google news. I did not read any articles. It was all right there in the little blurbs with each headline. Unemployment down, jobs growth weak, large numbers of people dropping off the rolls and out of the job market.
But it's not included in the official unemployment rate, the one they spout so much.

Personally, I think a more useful number for seeing how the economy is doing would be total payroll (dollars). A change up or down in that number would gauge the economy more accurately than unemployment.
Big Johnson

Columbus, OH

#30 Jan 12, 2014
TonyD2 wrote:
<quoted text>
But it's not included in the official unemployment rate, the one they spout so much.
Personally, I think a more useful number for seeing how the economy is doing would be total payroll (dollars). A change up or down in that number would gauge the economy more accurately than unemployment.
We are discussing how, despite conservative bleating to the contrary,'the news' actually reports everything in excruciatingly mind-numbing detail.
Wait what

Dublin, OH

#31 Jan 12, 2014
TonyD2 wrote:
<quoted text>
But it's not included in the official unemployment rate, the one they spout so much.
Personally, I think a more useful number for seeing how the economy is doing would be total payroll (dollars). A change up or down in that number would gauge the economy more accurately than unemployment.
Now THAT conversation I just heard on a radio show (not a political pundit's). That news is quite depressing. Maybe that's why you don't hear about it as much - Americans don't seem to want to face the music - they insist on staying 'positive'.

“Ludibrium est onus genio”

Since: Dec 11

Planet Earth

#32 Jan 17, 2014
Wait what wrote:
<quoted text>
Now THAT conversation I just heard on a radio show (not a political pundit's). That news is quite depressing. Maybe that's why you don't hear about it as much - Americans don't seem to want to face the music - they insist on staying 'positive'.
There's also ratings to consider.... somethings may be important but are judged too boring for the mainstream, so it may get glossed over, if it's reported at all (by big news).
Wait what

Dublin, OH

#33 Jan 17, 2014
TonyD2 wrote:
<quoted text>
There's also ratings to consider.... somethings may be important but are judged too boring for the mainstream, so it may get glossed over, if it's reported at all (by big news).
True enough.
Neutral Party

Prospect, KY

#34 Jan 18, 2014
Scheherazade wrote:
If you all are soooooooo unhappy, then why don't you take your own advice and GO USA - LOVE IT OR LEAVE IT !!!?!?!?!?
We really could use less of your kind anyway....
My kind is paying the bills. That is the last thing you'd want to see.

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