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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:18 AM Original message |
Why the latest Unemployment Rate numbers are BS and MEANINGLESS (w/pictures) |
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Pharaoh (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:20 AM Response to Original message |
1. All their numbers are BS |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:21 AM Response to Original message |
2. That is the dirty little secret no one talks about |
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WCGreen (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:25 AM Response to Reply #2 |
5. CNBC was going crazy yesterday when they released these |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:27 AM Response to Reply #5 |
6. Even *if* we were nearing full employment, that's not really a good thing. |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:33 AM Response to Reply #5 |
7. Bloomberg was doing the same hyping |
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WCGreen (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 06:46 PM Response to Reply #7 |
27. Lower rates mean lower interest rates which means higher stock |
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misternormal (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:23 AM Response to Original message |
3. The unemployment numbers are projection... |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:25 AM Response to Reply #3 |
4. Actually, the unemployment rate is based on a household survey, NOT benefits. |
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Nikia (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 02:53 PM Response to Reply #4 |
22. Isn't the household survey by phone? |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 03:18 PM Response to Reply #22 |
24. That might be part of the reason why John Williams has no faith in that survey. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:45 AM Response to Original message |
8. Edited OP to include LFPR graph from 1996-Present |
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porphyrian (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:48 AM Response to Original message |
9. Kick for the visual aids. - n/t |
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BlueManDude (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 09:57 AM Response to Original message |
10. Inflation numbers are BS too. Health care, housing and education |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 10:01 AM Response to Reply #10 |
11. Here's some info behind the REAL inflation numbers >>>>>>>> |
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FloridaPat (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 10:04 AM Response to Original message |
12. I find it amazing that with no inflation, everything I buy is way up in |
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Rosemary2205 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 10:06 AM Response to Original message |
13. Do we even dare bring up the QUALITY of those new jobs? |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 10:13 AM Response to Reply #13 |
14. All in the "service" industries. Mfg jobs dropped by 60,000 |
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54anickel (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 12:10 PM Response to Reply #14 |
18. They usually tend to bury the important facts. Where did the new jobs come from? |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 12:29 PM Response to Reply #18 |
19. Yeah, the revisions have been HUGE lately. |
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Darkhawk32 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 10:35 AM Response to Original message |
15. Big time K&R! n/t |
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The Count (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 11:06 AM Response to Original message |
16. Didn't BFEE change the way they even compute these back in 2001? |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 11:13 AM Response to Reply #16 |
17. See post #4. The methodology was changed under Clinton |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 01:30 PM Response to Reply #17 |
20. Back in the 80's |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 02:42 PM Response to Reply #20 |
21. Hmm...good questions. Don't know the answers. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 03:16 PM Response to Original message |
23. We're on the Longest Downward/Flat-Line Trend in *45 Years* !!! |
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mom cat (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 05:37 PM Response to Original message |
25. Thanks for the info, esp the SGS estimate of the CPI. That is much more |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 06:30 PM Response to Reply #25 |
26. Don't ya love how easily they dismiss Food/Energy costs? |
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mom cat (1000+ posts) Send PM | Profile | Ignore | Sat Nov-04-06 07:42 PM Response to Reply #26 |
28. Well, those are not such a big deal if you earn $200,00+ a year. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Sun Nov-05-06 07:11 AM Response to Reply #28 |
29. You obviously are just looking for a handout and want to live off the gov't |
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mom cat (1000+ posts) Send PM | Profile | Ignore | Mon Nov-06-06 03:00 AM Response to Reply #29 |
30. Silly me. Thinking the cost of food matters! |
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DU AdBot (1000+ posts) | Fri Apr 26th 2024, 08:55 AM Response to Original message |
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