Discussion: Economy Adds X Jobs In February, Unemployment Rate Little Changed

See!?
It’s all such a diabolically clever ruse to keep you from noticing all that FREEDOM we’ve lost by having affordable health insurance! AAARGH!

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Yeah, but that’s different.

Watching MSNBC. It’s almost 9:45 and Jose Diaz-Balart hasn’t even discussed the jobs numbers. Sure, he and Chuck Todd whined about HRC’s emails, talked about Harrison Ford’s plane crash, and did a brief segment on immigration, but it appears they’re going to wait until the final segment of the hour to talk about something that actually effects the vast majority of Americans. And we wonder why we can’t have nice things.

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Yeah, but that’s totally different.

#THANKS OBAMA!

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And let’s not forget the longterm unemployed rate, mentions of which skyrocketed as soon as the jobs numbers started marginally improving.

And if there’s a GOPer in WH (we’re all hosed, of course), mentions of “Real unemployment rates” and longterm unemployment rates are going to go poof!

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Typical reaction from Tea Partiers and GOP in general:

  • the numbers are fake! only a fool believes the numbers produced by the government. (unless the numbers are bad, then they are legit)
  • change the subject, quick! what about labor force participation rate being so low? (of course, ignoring the fact the LFPR is lower due to baby boomers retiring)
  • it’s all because of 2014 elections! (but the bad numbers when Bush was President and GOP controlled both houses of Congress for years was solely due to 9/11 and not any GOP policies).
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Under Romney we’d all have two or even three jobs!

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THAT would be TRUE JOB CREATION!!!

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I think this is all a spillover from the great things that Sam Brownback is doing to Kansas.

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Let’s start a campaign to run President O for a 3rd term…

Or better yet…Get Michelle O to run…

Think of the massive explosion of GOTP heads!

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E. EXCELLENT point, you mean the U6 rate of course. Let’s see:
http://data.bls.gov/timeseries/LNS13327709

Hmmm, 14.2 when Obama took office. After the crash, peaked at 16.9. Steady decline since to a present 11.0. Yes, thanks for pointing that out. Did you actually check the data before posting your comment??

D. Any action Obama has tried to take on income inequality has been fought by Republicans, including things like the Volcker Rule, etc.

I’d support that.

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Nobody talked about U6 until Obama became President. Now they use it to compare apples to oranges.

Rachel Maddow did a segment on this, comparing U6 under Bush and Obama.

Guess who had the better performance?

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I don’t watch any of the talking heads actually. I just look up the stats. If there is a Bill, I don’t even pay attention to what Maddow or some FOX jerk says. I just look it up and read it. The data clearly indicate U6 has been steadily declining for almost 4 years.

  • Unemployment dropping every month
  • Oil at about $50 a barrel
  • Gas at its lowest price in 10 years
  • Booming market
  • Auto industry thriving with soaring auto sales
  • 10 million Americans without health insurance now have health insurance …

and I can’t remember the last time the GOP said anything positive about America;
all we hear from the GOP is the sky is falling.

But the GOP wants to run on:

  • an economic record from 30 years ago,
  • a civil rights record from 50 years ago,
  • and a labor policy from 1900;

an excellent appeal to my generation. /s

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I try to get information from as many sources as possible. I don’t watch Fox because I consider it more like propaganda than journalism or reporting. I watch MSNBC, but understand it is opinion journalism and take it with a grain of salt, focusing on the facts rather than the commentary.

But at the end of the day, independent research is almost always best.

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You forgot that the BLS is cooking the books. :wink:

Pretty much these two go hand in hand. Adding jobs reduces unemployment by the mere fact that people got jobs. Forget all the spin.
There must be a correlating number, like 200,000 jobs equals one tenth less unemployment. I guess we could take the number of jobs created since President Obama took office and the difference of the highest to this current 5.5 number and say that that is the average number.
I know the idea that some people quit looking but that has always been true and always will be. There are always mitigating circumstances not just now during president Obama’s time.

In the end, its the same old same old, the Democrats stimulate the economy and create the most jobs and even though we are really recreating a lot of jobs that the Republicans destroyed, at least we are creating and not wrecking.

The Obama economy with the utterly relentless destructive/obstructive factors of the Republican Party factored in, is possibly the most robust economy ever.
There’s my POV.

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Exactly. Remember, public sector employment fell during most of the last 6 years because of Republicans concern about deficits that started on January 19th, 2009. Plus the fact they refused to help states, who cannot run deficits, maintain their level of public employees during the great recession, causing some serious cuts in state and local government employees.

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