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222,000 Jobs Added To US Payrolls In June; Unemployment Rate Rises To 4.4 Percent (npr.org)

From an NPR report: An estimated 222,000 jobs were added to the U.S. economy in June, according to the monthly employment report released by the Bureau of Labor Statistics Friday. "The job gains were better than expected -- most economists had predicted a gain of 180,000 jobs," NPR's Chris Arnold reports for our Newscast unit. The unemployment rate rose slightly to 4.4 percent from 4.3 percent -- a 16-year low that was hit in May. "Since January, the unemployment rate and the number of unemployed are down by 0.4 percentage point and 658,000, respectively," the BLS says. Previous estimates of job gains in recent months were revised upwards -- from 138,000 to 152,000 in May and from 174,000 to 207,000 in June, for a net gain of 47,000.

199 of 300 comments (clear)

  1. unemployment numbers by Anonymous Coward · · Score: 4, Interesting

    Unemployment numbers don't count those who just straight up gave up on looking for work. I wonder what the numbers would look like if you included working age people on "Social Security Disability". It seems the primary disability here is the lack of ability to find a job and you are too old to go into the military(the other jobs handout program).

    Lies, damn lies and statistics.

    1. Re:unemployment numbers by bluefoxlucid · · Score: 5, Informative

      Actually, unemployment numbers count discouraged employees in U4. U4 is currently 4.7. This year, starting in January, it has been 5.2, 5.0, 4.8, 4.7, 4.5, and 4.7. U3 has been 4.7, 4.5, 4.4, 4.3, 4.4.

    2. Re:unemployment numbers by Anonymous Coward · · Score: 1

      8.6

      BLS calls it a U-6 number and defines it as "Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force"

      Some people say it's as high as 40%, those people are idiots who got elected president and have no place talking about numbers because they just made them up and blamed some one else for doing it.

    3. Re:unemployment numbers by Anonymous Coward · · Score: 1

      Why wouldn't you look for work when unemployment was 4.4%? Should be pretty easy to find a job

    4. Re: unemployment numbers by Anonymous Coward · · Score: 3, Informative

      Because the only jobs are for robots, Indians, or don't pay a livable wage?

    5. Re:unemployment numbers by dreamchaser · · Score: 1

      All statistics can be used to lie, but frankly I don't give much of a fuck about people who become defeated and stop looking for work.

    6. Re:unemployment numbers by Anonymous Coward · · Score: 3, Interesting

      4.4% unemployment where? The job market in San Francisco has very little to do with the job market in say, Charleston, WV or Bismark, ND. If you've ever been to some of the more rural areas, there just aren't any decent jobs at all. Just a complete lack of economic activity. The smart people who can find employment elsewhere leave, that whole brain drain effect.

      That leaves behind people without much in the way of economic prospects or marketable job skills. Then we wonder why those same people get hooked on opioids. At least then you don't give a shit that you are stuck as a have-not in this country, at least until the drugs wear off.

      Marx was completely wrong about religion being the opiates of the masses. Opiates are the opiates of the masses.

    7. Re:unemployment numbers by clodney · · Score: 1

      Why wouldn't you look for work when unemployment was 4.4%? Should be pretty easy to find a job

      Which is likely why the number of jobs increased and the unemployment rate increased. The labor market is good enough that it is enticing people who previously were not looking for work into doing so. Effectively moving people from the U-6 or U-4 pool into U-3.

    8. Re:unemployment numbers by Anonymous Coward · · Score: 1

      The US "national" economy is a fiction. Everything that really matters, like the price of your home and the availability of jobs, is a local issue.

    9. Re: unemployment numbers by RicktheBrick · · Score: 1

      Donald Trump says he is going to save a trillion dollars by using technology to increase the efficiency of the government. Even though unemployment is low he wants to eliminate Obamacare taxes on the rich since he calls them job killing taxes. So even though he is going to save a trillion dollars and unemployment is already low he has to take away a trillion dollars from people's health care. Only Republicans will think that is logical.

    10. Re:unemployment numbers by Captain+Splendid · · Score: 5, Informative

      But that is pretty much an insane way to look at our work force.

      It worked for eight years for Sean Hannity. Until a few months ago, it was a daily ritual for him to mention the 90 million Americans who weren't working in Obama's America.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    11. Re: unemployment numbers by that+this+is+not+und · · Score: 2

      Obamacare taxes the whole economy in myriad ways. That you can't see this reflects more on the propaganda your Masters feed you than anything else.

    12. Re:unemployment numbers by LynnwoodRooster · · Score: 2, Informative

      U definitions; U6 is most of the people who want to work but cannot find a job, cannot find a full time job (underemployment) and thus still need assistance, or who have given up.

      ShadowStats also factors in those who have permanently left the work force but are still in the 19-64 age range. It's no secret that permanent disability and permanent Medicaid status have both exploded since 2008. ShadowStats factors those people into their own unemployment rate, as it appears the Federal Government moved a permanent segment of society from the unemployment rolls (U3 and U6) to "out of workforce" in an effort to lower the unemployment rate. Perhaps that's why the Labor Force Participation Rate is the lowest it's been in 40 years (note: labor force participation rate only includes those who are of working age, who are physically able to work, but are not actively working - it does not include retirees).

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    13. Re:unemployment numbers by LynnwoodRooster · · Score: 1

      That is also the exact reason that a Federal minimum wage makes zero sense. What is a living wage in McAllan, TX and Manhattan, NY? Radically different levels...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    14. Re: unemployment numbers by sycodon · · Score: 2

      The skilled trade job market is booming and not finding many applicants.

      Everyone wants to go to college and work at a desk. No one wants to weld on a pipe line in North Dakota despite the fact it pays more than a desk job.

      --
      When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    15. Re: unemployment numbers by BarbaraHudson · · Score: 1

      So does war. And the call for NATO to increase defense spending to 2%. To counter that, Russia and China will increase their defense spending. So next you'll be crying for a large increase in US defense spending. And Russia and China will also have to increase theirs to counter it.

      How far before the economy is just working for the benefit of defense contractors and nobody else?

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    16. Re:unemployment numbers by MangoCats · · Score: 1

      Anecdotally, contractor neighbors of ours moved to the Carolina mountains a couple of years ago. They've got plenty of work up there doing construction, maintenance, etc. - but all their clients, and most people they meet are on disability - not included in U4.

      I suppose it makes sense: if you don't need a job, you can move somewhere nice that doesn't have many.

    17. Re:unemployment numbers by aaarrrgggh · · Score: 2

      Thanks for the info; the alternative unemployment numbers are all available here. The classic non-participation rate (if I understand correctly) is U6, or 8.6% seasonally adjusted, down from 9.6% a year ago.

    18. Re:unemployment numbers by Tablizer · · Score: 1

      It worked for eight years for Sean Hannity. Until a few months ago, it was a daily ritual for him to mention the 90 million Americans who weren't working in Obama's America.

      Now it's 90,000,001 per Bill O'Reilly.

    19. Re:unemployment numbers by cayenne8 · · Score: 1

      On a side note, the best New Years Eve coverage is definitely on Fox News.

      Regardless of your political leanings...

      You gotta admit, that Fox News always seems to have the best stable of "News Chicks"....wow, great looking and usually quite smart.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    20. Re: unemployment numbers by cayenne8 · · Score: 1

      So does war. And the call for NATO to increase defense spending to 2%. To counter that, Russia and China will increase their defense spending. So next you'll be crying for a large increase in US defense spending. And Russia and China will also have to increase theirs to counter it.

      Well, to be fair....Defense IS one of the few enumerated responsibilities of the Federal Govt. by the Constitution.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    21. Re:unemployment numbers by phantomfive · · Score: 1

      All of the unemployment numbers have been looking really good lately. According to one theory of the economy, low unemployment (full utilization of labor resources) will lead to inflation. So according to that theory, we should see a huge jump in inflation soon.

      --
      "First they came for the slanderers and i said nothing."
    22. Re: unemployment numbers by rnturn · · Score: 2

      It may pay more than that desk job but it's more likely than not going to be a long-term job. That's a tough situation for anyone with a family; you'll be leaving the family behind to work on another short-term welding job. Then another and another. Not everyone can take that for long.

      As for everyone wanting to go to college... I know one car rental company that--at least at one time--wanted their employees to have a college education just to stand behind the counter and help customers fill out rental forms. That's the kind of job that high school kids used to do in a work-study programs. It used to be called "Diversified or Office Occupations" when I was in HS and students got jobs in local businesses working as office clerks, cashiers, etc. At least back then, it was recognized that not all jobs required, nor were all students cut out for or even looking to obtain, a college degree. Now companies seem to be more than happy to force high school graduates to go through the process of racking up a huge college loan debt for the privilege of working for slave wages while they pay their loans off.

      --
      CUR ALLOC 20195.....5804M
    23. Re:unemployment numbers by phantomfive · · Score: 1

      How can you endure watching Fox enough to know that?

      --
      "First they came for the slanderers and i said nothing."
    24. Re:unemployment numbers by ranton · · Score: 4, Insightful

      You claim Labor Force Participation rate only includes those who are of working age, who are physically able to work, but are not actively working, but then link to a chart which lists the participation rate of everyone 16 and up.

      The commonly used participation rate for working adults is the Civilian Labor Force Participation Rate: 25 to 54 years. It is currently at 81%, which is still lower than it has been in 30 years (not 40). But if you take away the second half of the 90's, where it peaked, our current participation rate is only about 1% lower than the average over the last 30 years. It has also been trending up since 2014.

      Those who are physically unable to work, students, stay at home parents, or whatever are all included as part of the 19% in this statistic.

      These figures still show around 1-2 million people who would have been working 15 years ago and aren't today, but the problem certainly is "exploding" as you put it. A bigger problem which isn't reflected in this statistic is how stagnant wages have been; mostly as a product of our economy losing $20/hour jobs and replacing them with $12/hour jobs.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    25. Re: unemployment numbers by Anonymous Coward · · Score: 1

      Those of us that did work in a skilled trade remember 70% of our friends and coworkers being unemployed for 8-10 months a year and getting divorced during the last two economic downturns. The smart ones have already left before the next one hits like clockwork.

      You would be surprised how many are in IT now doing fuckall work for similar pay that we were making baking in the summer sun. What is better: uncertainty, high medical bills, and sunburn or adjusting copied code from stack overflow, making glorified library APIs, and political circlejerking on slashdot 4 out of 8 hours a day in air conditioning for the same yearly income?

    26. Re:unemployment numbers by drinkypoo · · Score: 1

      The commonly used participation rate for working adults is the Civilian Labor Force Participation Rate: 25 to 54 years. It is currently at 81%, which is still lower than it has been in 30 years (not 40).

      According to social security, retirement age is 66, and will soon go up to 67. So that rate is bullshit, too.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    27. Re:unemployment numbers by ranton · · Score: 1

      The commonly used participation rate for working adults is the Civilian Labor Force Participation Rate: 25 to 54 years. It is currently at 81%, which is still lower than it has been in 30 years (not 40).

      According to social security, retirement age is 66, and will soon go up to 67. So that rate is bullshit, too.

      And people can work before the age of 25 too, but it does a good job of removing teachers and the many occupations with pensions that kick in before the age of 66 (like teachers). Changing demographics (people getting older) and changing education (more people in college longer) skew the statistics if you include those who are close to schooling age or close to retirement age. Not everyone ends college at 22 and retires at 67.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    28. Re:unemployment numbers by Captain+Splendid · · Score: 1

      It's a holdover from my days in sales. You can never do too much oppo research. Also, it's worse than that: I listen to a lot of right-wing radio. The TV stuff is watered down.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    29. Re:unemployment numbers by Darinbob · · Score: 1

      The numbers also don't take into account underemployement - those who used to have good jobs who are now working for drastically reduced wages.

      Just look around on the streets and you can see that the economy is crap. I see more homeless in residential areas than I've seen before, more camps under the overpasses, and more people camping in the cars. But then the reports come out saying how great the numbers are!

      Reminds me of when I was struggling to find work after college and I'd hear some economist claim that things were great because we were at an optimal employment level that kept inflation low...

    30. Re:unemployment numbers by phantomfive · · Score: 1

      It's a holdover from my days in sales. You can never do too much oppo research.

      That's interesting. I didn't know sales did so much of that.

      --
      "First they came for the slanderers and i said nothing."
    31. Re:unemployment numbers by bluefoxlucid · · Score: 1

      Disability means you can't work. It should, technically, be U5: you're willing but not able to work. U5 includes single mothers who can't afford daycare and so aren't working because they can't afford to work, for example.

      They won't show up in U4.

    32. Re:unemployment numbers by bluefoxlucid · · Score: 3, Insightful

      U6 is a bastard number. It measures underemployed, and it peaked at 16%-ish.

      I don't like U6 because it's not a good measure of anything. Underemployment means you have 10 people and 5 jobs, so 10 people work half a job (40 hours). They're only underemployed if they desire more working time and work less than full-time. Thing is 10 people working 20 hours each is 10 underemployed; 10 people working 10 hours each is 10 underemployed.

      For underemployment, I want new metrics.

      The first metric is to measure only the U6 underemployed--they want more hours, but can't get them. Count their hours. Every 40 hours is one job. Give us the number of full-time jobs available as 40 labor-hours per week (2,080 per year) and the number of underemployed. That tells us how many people are fighting over how many jobs.

      The second is that, plus people who are content and working less than full time. That gives you an accurate count of all available working hours, excluding any overtime worked. It lets you see how many people are working and content (UN2 persons - UN1 persons) and how many full jobs are available among them.

      The third is a full count of all hours including overtime hours. That lets you count the number of full-time jobs against the number of employed plus any UE metric you want. (UN3 jobs)

      Now you know precisely how much work is available, how it's distributed, and how our employment market really looks.

    33. Re:unemployment numbers by Captain+Splendid · · Score: 1

      You can't offer a better deal to your customers if you don't know what the competition are offering.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    34. Re:unemployment numbers by bluefoxlucid · · Score: 1

      More employment without printing up more money means less money available per person, and deflation.

      Obviously, we're printing or loaning more money into existence. That's where jobs come from: consumers demand (buy) with money they have, and businesses can't keep up with the demand; they hire additional labor (jobs) to increase their capacity to keep up with demand. When capacity no longer increases linearly with labor, you have scarcity (you have to hire 3 people to produce twice the output of 1 person = costs going up when supplying more).

      You can't really measure inflation. Inflation isn't real: it's a concept about currency losing discrete purchasing power over time. The prices of various goods aren't directly related, however, because the costs aren't directly related: you can find a way to farm cheaper wheat (GMO wheat injects a barley gene to cut the growing time by 20% and increase the yield by 50%--the wheat costs 40% as much!) but not cheaper potatoes. You might find a way to make fertilizer cheaper, impacting wheat and potatoes; and then wheat costs 37% as much and potatoes cost 93% as much.

      In other words: prices don't just go up (or down). The price of discrete goods changes; this may impact supply chains and affect other prices, which are themselves affected by other factors as well and, in total, are not necessarily bound to change in price strictly-proportional to any given supply input in any given time frame. Other shit is going on.

      We measure an inflation benchmark by selecting subsets of goods and modeling inflation that way. From that benchmark, and from population growth, we issue more money so as to create a 2% annual inflation benchmark. If our benchmark shows that goods have become roughly 0.3% cheaper to produce, we issue enough additional money to cover population change, and then increase the total money supply by 2.3% to target a 2% increase in the price of goods.

      Fiat money protects us from a lot of nasty shit.

    35. Re:unemployment numbers by LeftCoastThinker · · Score: 1

      1. The military is not a handout job. Ask anyone who has enlisted, it is a ton of work. Welfare (ignoring the law requiring welfare to work), medicaid, food stamps, and SSD for back pain are handouts (and I suspect at some point these people will be shifted off the rolls which are currently unsustainable). There is zero reason why you can't do a desk job or phone support with a back injury. There is zero reason why you can't flip burgers for $9/h while you are receiving welfare (or go to a trade school/ JC to learn a valuable skill).

      2. Those people left the job pool under the Obama administration's joke of a recovery, and some of them are starting to re-enter the work force (one of the reasons that the unemployment number went up slightly even though we added even more jobs than expected.).

      Casual observers have a negative view of trump because 80% of the media reporting on Trump is negative, http://www.foxnews.com/politic... but give it a couple of years. When REAL unemployment drops to 6%, GDP is growing at a record rate, and we haven't had any more terrorist attacks at home while foreign threats like ISIS, Iran and N Korea are put in their place, opinions will change.

      --
      If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
    36. Re:unemployment numbers by bongey · · Score: 1

      You watched Sean Hannity daily? You need to make better use of your time. Or do you watch Trevor Noah and Stephen Colbert, and that is what they told you, so it must be right. I am on the right and I cannot stand to watch Sean Hannity, because he is too partisan.

    37. Re:unemployment numbers by Bartles · · Score: 2

      When jobs are added AND the unemployment rate rises, it means people are entering the workforce. In other words, people who had given up and previously weren't counted, are now looking for work.

    38. Re:unemployment numbers by imgod2u · · Score: 1

      Maybe not a huge jump but inflation has been ticking up. But inflation tracks both employment and wages. The theory goes: full employment -> competition for labor -> higher wages -> increased prices.

      Inflation is counter-acted, however, by productivity increase as the price of products go down. With the adoption of tech in more and more industries, we may see productivity increase supercede inflation.

      Assuming some orange asshole doesn't come along and impose border tariffs....

    39. Re: unemployment numbers by imgod2u · · Score: 1

      Well, if more and more college grads take up those jobs, then there's nothing dissuading companies from doing it now is it? You make it sound like some giant conspiracy. There are fewer and fewer basic skill-less jobs. And unfortunately, not all college degrees grant you marketable skills. So those college grads end up just a notch more employable than HS kids.

    40. Re:unemployment numbers by Captain+Splendid · · Score: 1

      You watched Sean Hannity daily?

      Nope.

      You need to make better use of your time.

      Looks like I've met the only person who can't listen to the radio and do something else at the same time.

      Or do you watch Trevor Noah and Stephen Colbert, and that is what they told you, so it must be right.

      Say what now?

      I am on the right and I cannot stand to watch Sean Hannity, because he is too partisan.

      He is, however, representative, so he's still useful.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    41. Re: unemployment numbers by imgod2u · · Score: 1

      The agreement for the NATO nations to reach 2% defense spending was actually signed under Obama. It allows for the US to shoulder less of the burden. And with Putin being love-buddies with Trump, I don't see the need to escalate the war machine.

      China will be the hegemony of the Asian hemisphere. That's been the direction for over a decade now and no amount of military spending is going to change that. Ultimately trade and production capability trounces standing army size. Every. Time.

    42. Re:unemployment numbers by imgod2u · · Score: 1

      Well, you can give a fuck when they start voting for any con-man who comes along and tells them lies. Since that same con-man can turn around and fuck with your life to "give them jobs".

    43. Re:unemployment numbers by phantomfive · · Score: 1

      You can't really measure inflation.

      That's not really true......it's like saying you can't weigh something. Of course you can't, but you can get a good approximation.

      --
      "First they came for the slanderers and i said nothing."
    44. Re: unemployment numbers by HornWumpus · · Score: 1

      Are they? You'd hire a useless degree type snowflake for a welding job?

      I wouldn't.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    45. Re:unemployment numbers by HornWumpus · · Score: 1

      If you're trying to live your life on minimum wage, you're doing it wrong.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    46. Re:unemployment numbers by clodney · · Score: 1

      Social Security age is one thing, but the average retirement age in the US has remained around 62-63.

    47. Re:unemployment numbers by jimbolauski · · Score: 1

      I prefer the labor participation rate, % of adults working. It's been oscillating between 62.5% and 63% since march of 2016 before that is was steadily dropping from 66% in Jan 2009. It's not without its flaws part time and full time are treated the same but it's much better then the unemployment rate.

      --
      Knowledge = Power
      P= W/t
      t=Money
      Money = Work/Knowledge so the less you know the more you make
    48. Re: unemployment numbers by imgod2u · · Score: 1

      Whatever you or I would do is irrelevant. The broader data clearly indicates corporations do hire degree-type snowflakes for a large swath, if not the majority, of low-skill jobs.

      I like how people use their own anecdotal hypothetical to make conclusions about the vast vast world. When readily available data clearly indicates otherwise.

    49. Re: unemployment numbers by HornWumpus · · Score: 1

      Low skill office jobs != skilled trades.

      Show me data that shows trades hiring up 'useless degree college' grads? You think the people that didn't go for 'four year parties' didn't learn anything in the same time?

      I know people in those fields. When faced with some dumb snot who just wasted 4 years getting a * studies degree? Their answer isn't 'no', it's 'hell no!'

      Like everybody else, they like to hire people like themselves. These guys work hard and have deep practical knowledge. 'Hard working' is the last term I'd use to describe most snowflakes. Practical knowledge? They likely have less practical knowledge than before they started college.

      There are common patterns among those who can afford 4 years of school, without thought to future employability. They're going to be fapping away at 'self actualization', rather than working.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    50. Re: unemployment numbers by imgod2u · · Score: 1

      I don't know why you pivoted to talking about trade skilled jobs. I clearly talked about low-skilled occupations in every post. Including replying to the OP who complained about low-skilled office jobs being given to college grads when they used to be given to HS kids....

    51. Re: unemployment numbers by HornWumpus · · Score: 1

      Reread the thread. You've lost it.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    52. Re: unemployment numbers by sound+vision · · Score: 1

      It's perfectly logical when your goal is to create a wage-slave class. That requires full employment, low wages, and minimal public services. If there's no safety net, and no social mobility, your life is dependent on your total subservience to the company.

    53. Re: unemployment numbers by dryeo · · Score: 1

      Defence, not offence. America is in a great position, oceans to the east and west, a friendly mostly waste land to the north and countries that would never get it together to be overly aggressive towards the south.
      3 or 4 carrier groups, some ballistic missile equipped subs and land based missiles spread around your vast country, a good space program and your defence is taken care of.
      Your founding fathers understood that a huge standing army leads to tyranny, that's why the navy was financed (defence) but the army had to be refinanced regularly. Also why they threw in the militia wording into the 2nd amendment, it was as much about the right to bear arms as having a population that could be mustered as a militia so no need to have a standing army. They could have worded it like the Bill of Rights of 1689, basically the right to bear arms was for self-defence. Further back, being armed was actually a requirement for freemen, to be part of the militia.

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    54. Re:unemployment numbers by bluefoxlucid · · Score: 1

      An object has discrete weight. The problem is you can't quote a number for "weight".

      Apples have gone up 0.3%. Pears have gone up 0.1%. Steak has gone down -0.9%. Cereal is up 1.4%. Clothing is down -1.1%. Cars are up 1.3%. Computer parts are down -15% due to new manufacture technology.

      You can't say, "Oh, there's X% inflation!" There isn't, because that's not a thing. When you look at the price of discrete things, they won't follow whatever inflation you're quoting. Likewise, you can't measure and compare the price of every sale of everything that occurs everywhere in a time frame to even get a baseline average.

      You can measure the inflation of Snickers Ice Cream bars sold at the Rite-Aid on the corner of Lolly and Hutch; you can produce an approximated model of the inflation of food; you can create an inflation benchmark using any of numerous subset models, such as basic needs, middle-class expenditures, and so forth. You can't say "Inflation has changed by X%" any more than you can say "Weight has changed by X%".

    55. Re:unemployment numbers by phantomfive · · Score: 1

      Apples have gone up 0.3%. Pears have gone up 0.1%. Steak has gone down -0.9%. Cereal is up 1.4%. Clothing is down -1.1%. Cars are up 1.3%. Computer parts are down -15% due to new manufacture technology.

      The inflation is the portion that is caused merely by the increase in money supply, excluding other factors. There are many reasons a price can go up or down, as you mention.

      --
      "First they came for the slanderers and i said nothing."
    56. Re:unemployment numbers by bluefoxlucid · · Score: 1

      Nonsense. That's not how inflation is defined or described. The Federal Treasury doesn't issue a 2% increase in money per person every year; they issue enough money to create a 2% increase in inflation. That's more than 2% more money.

      Inflation is a general increase in prices and a fall in the purchasing power of money. Again: that differs from region to region, from product to product, and even from store to store. "General" is a handwavey term for the reasons I described.

    57. Re:unemployment numbers by phantomfive · · Score: 1

      Inflation is a general increase in prices and a fall in the purchasing power of money. Again: that differs from region to region, from product to product, and even from store to store.

      You're getting confounding factors confused with the actual thing. It is easy to get it confused: when inflation is low, then a great crop of strawberries will affect the price of strawberries more than any monetary policy (which is what we want, ideally). When monetary policy is bad, inflation is high, then it's easier to separate from confounding factors. When inflation is at 50% YOY, then you still have a measurement error, but the inflation is obvious.

      --
      "First they came for the slanderers and i said nothing."
    58. Re:unemployment numbers by bluefoxlucid · · Score: 1

      ... oh my god. You're trying to use ECON100 from high school!

      Hey, what's bringing the price of LCD monitors down? A boom year for LCD monitor crops?

      Putting aside the attempt to lean on the broken ideal that supply-and-demand is the primary factor in prices, no, I'm not confounding factors. I'm using the DEFINITION OF INFLATION. You're saying a penis is a long, narrow body part, like the five penises on your hand; and I'm saying a penis is exclusively the thing between your legs. One of us is wrong.

      Mabye you can read up on inflation.

      You say things like, "When inflation is low...", but you miss something: central banks keep inflation at a specified rate. In the US, we try to keep 2% inflation per year. Technical progress constantly causes deflation; we create an inflation benchmark--a measure of the change in prices of various groups of goods--and try to adjust that to be +2% per year on average.

      So our CPI inflation is, ideally, 2%. Let's say we nail it one year, and the CPI considers $102 2018 dollars to be equivalent to $100 2017 dollars. Does that mean the central bank issued enough dollars to drive prices up by 2%?

      No, not exactly.

      Most likely, technical progress has brought the inflation benchmark goods down by 0.5% or so. That means the central bank has had to drive up those prices by an average 2.5%, creating 2% inflation.

      That "2%" number is the reduction in purchasing power of a fixed sum of money (e.g. $100). The portion of that inflation caused by the increase in money supply is 2.5% (i.e. more than that 2%).

      Inflation isn't the change in price caused by some source; it's the change in prices. Full stop. The definition of inflation doesn't care about the source, just like the definition of a meter doesn't change whether you're using a ruler or a tape measure to measure it.

  2. What is true unemployment. by Anonymous Coward · · Score: 1

    Discounting those who don't need to work, what is true unemployment?

    1. Re:What is true unemployment. by sycodon · · Score: 2

      The fact that the unemployment rate actually went up a notch indicates that more people are getting back into the job market.

      --
      When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    2. Re:What is true unemployment. by butchersong · · Score: 2

      You'd need to factor in disability too. We hide a ton of unemployment in those numbers. My family is from eastern KY and WV... no work? Coal down? Disability time.

    3. Re:What is true unemployment. by sexconker · · Score: 1

      This is correct.

    4. Re:What is true unemployment. by AvitarX · · Score: 2

      I believe college graduation impacts June numbers too (or are they not counted until July?)

      --
      Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
    5. Re: What is true unemployment. by Anonymous Coward · · Score: 1

      And wealthy people who vote for Democrats also vote against their own self interests. What's your point?

    6. Re: What is true unemployment. by thundercattt · · Score: 2

      It goes up because all the recent grads who got their shiny diploma are now unemployed and in Mom's basement. Students aren't considered unemployed, graduates are.

  3. Curious... by __aaclcg7560 · · Score: 1

    Under the Obama Administration, large number of people got added but the unemployment number barely budge downward.

    Under the Trump Administration, large number of people get added but the unemployment number goes upward.

    Looks like the "Trump bump" is bumping the wrong set of numbers.

    1. Re:Curious... by __aaclcg7560 · · Score: 1

      Sort of like when you tell us muscle weighs more than fat but then tell us about your flat ass.

      I carry my excess weight above my waist. My ass and legs are well-toned from riding a bike for 20 years. According to the experts on Slashdot, I have an "apple-shaped" body. The experts on Slashdot can never be wrong.

    2. Re: Curious... by __aaclcg7560 · · Score: 2

      You just can't accept that America is better under Trump.

      The economic numbers say otherwise.

      It's tough when reality stands in the way of your political views.

      What political views are those?

    3. Re:Curious... by TykeClone · · Score: 1

      Under the Obama administration, large numbers of people left the workforce and weren't counted in the unemployment number. Now they are beginning to re-enter the workforce and are counted in the unemployment number.

      --
      A fine is a tax you pay for doing wrong and a tax is a fine you pay for doing all right.
    4. Re:Curious... by __aaclcg7560 · · Score: 1

      Now they are beginning to re-enter the workforce and are counted in the unemployment number.

      That started happening in the last six months of 2016 under Obama.

    5. Re:Curious... by __aaclcg7560 · · Score: 1

      Must have cost you a fortune. iBodies are not cheap.

      Saving up for the younger version of The Arnold (T-800 model).

    6. Re: Curious... by Tablizer · · Score: 5, Informative

      You just can't accept that America is better under Trump.

      The GDP numbers are basically the same as they were under O, and the unemployment changes are consistent with a general longer-term trend that has been in place since roughly around 2013. Same with the stock market.

      Further, T hasn't signed any legislation or Executive Order that would have notable impact on the economy either way. In short, he hasn't change enough to matter. The economy is on cruse control.

      It's only a political issue because he has been bragging about the economy "under" him. I gotta call BS on that one.

    7. Re: Curious... by crafoo · · Score: 1

      butthurt lib detected.

    8. Re:Curious... by LynnwoodRooster · · Score: 2

      Obama moved millions to permanently out of the workforce . The biggest way was via moving 2 million unemployed to permanent disability, which resulted in a nice shaving of unemployment by 3% or so.

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    9. Re: Curious... by LynnwoodRooster · · Score: 2

      The DJIA took a big jump as soon as the election was over... Due mainly the belief the business climate and economy would improve...

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      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    10. Re:Curious... by LynnwoodRooster · · Score: 1

      False. The labor force participation rate fell for the first 7 years of the Obama Administration, and has held steady since then. If people would re-enter the workforce the labor force participation rate would increase. It has not.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    11. Re:Curious... by PopeRatzo · · Score: 2

      According to the experts on Slashdot, I have an "apple-shaped" body.

      Rectangular, with rounded corners?

      --
      You are welcome on my lawn.
    12. Re: Curious... by Tablizer · · Score: 1

      The DJIA took a big jump as soon as the election was over... Due mainly the belief the business climate and economy would improve...

      But it was slumping the few months leading up to the election. One interpretation is that Wall Street was spooked by the uncertainty. When the election was over, the future was clearer again and they resumed the same longer-term pattern. If you ignore this pre/post dip/bump pattern, it's still more or less the same curve. (Switch to the 10-year view.)

      I do agree that owners on average are more optimistic under Republican rule because GOP favors big owners. But how that affects the so called 99% is open to the typical "culture wars" economic debates related to "trickle down", which I won't reinvent here.

    13. Re: Curious... by Tablizer · · Score: 1

      TPP: never ratified; nothing really to "cancel".
      H1Bs: Changes just started to roll thru, too early to call.
      Illegal crossings: Estimates are about a 25% change, and may be temporary, as potential crossers may be "feeling it out". Some farmers are complaining it hurts their profits because they can't get enough farm laborers. Their business goes to forum farms.
      Paris climate deal: Name an existing specific actual change.
      "giving tax money to other countries": bogus.
      Regulations removed: Specific example having notable impact?
      Enforcing the law more consistently: Trump consistent? Yeah right.

    14. Re: Curious... by sysrammer · · Score: 1

      The echo is strong within you.

      --
      His ignorance covered the whole earth like a blanket, and there was hardly a hole in it anywhere. - Mark Twain
    15. Re:Curious... by _Sharp'r_ · · Score: 1

      Good citation. Basically, labor force participation has been flat since the end of 2013, falling in the years before.

      What I find amusing is how the press report includes "better than expected". It became a running joke during the Obama administration how frequently every piece of economic bad news was unexpected. Now it seems the reverse might start to be true, every piece of good economic news during the Trump administration will now become unexpected!

      --
      The party of stupid and the party of evil get together and do something both stupid and evil, then call it bipartisan.
    16. Re: Curious... by LeftCoastThinker · · Score: 1

      Except that he has been busily taking apart regulations and rules that stifle business that Obama put in place, and further, companies have been sitting on a lot of capital and not hiring as much as they could because of the uncertainty of Obamacare, as well as what new business crushing executive order Obama might pull out of his ass with his pen and his phone. Trump has made it clear that he will eliminate Obamacare and wants to replace it with a market solution that provides economically feasible insurance. That is a huge unknown that has been eliminated in terms of hiring FT employees.

      So yes, GDP hasn't changed dramatically, but employers are no longer looking down the barrel of the Obama regulation shotgun, they see Trump taking apart the EPA bullshit (the EPA was out of control under Obama, and no, we will still have clean air and clean water under Trump, we just won't regulate CO2 a.k.a. plant food) so they feel more comfortable hiring and expanding their business knowing Trump won't rape them down the line like Obama did time after time.

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      If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
    17. Re:Curious... by sysrammer · · Score: 1

      Rounded with rectangular corners.

      --
      His ignorance covered the whole earth like a blanket, and there was hardly a hole in it anywhere. - Mark Twain
    18. Re:Curious... by sysrammer · · Score: 1

      It cost him an iArm and iLeg.

      --
      His ignorance covered the whole earth like a blanket, and there was hardly a hole in it anywhere. - Mark Twain
    19. Re: Curious... by LynnwoodRooster · · Score: 1

      Slumping? Take a look at the graph again. It was "flat" for the four months before the election (when, apparently, Hillary! still was considered the favorite to win) but for the year it was up 6%... Then when the election results were announced, it spiked up a good 20%. Yes, a 10 year view shows a relatively consistent climb until October 2014, when it went flat - but it took off (at a higher rate of increase) after the election.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    20. Re: Curious... by Tablizer · · Score: 1

      I don't know what you are looking at, but I checked again and it's still consistent with my original description. If it "returns to the usual pattern" (curve) there will be a "spike" at the point of return.

    21. Re: Curious... by Tablizer · · Score: 1

      Obama was SO BAD for the economy

      I have no idea what you are talking about.

      The mortgage crash created a financial hole that was as big or bigger than the 1929 hole in proportion. We could have easily entered a "Hoover spiral" if Hoover-like austerity were followed, which seems to be what the Republicans wanted. Austerity didn't help UK.

      And the USA recovered faster than ALL* nations that faced notable bank problems. Based in his peers of the time, Obama gets an A+. The crash hit the entire world hard. Remember, the financial crash itself happened under Bush.

      * There may be a tiny no-name nation that I missed, but I'm including all the non-trivial nations with notable bank problems. Sorry Nation of Monaco with only 40k people, I didn't mean to offend you.

    22. Re: Curious... by Tablizer · · Score: 1

      The topic and context is the current economy, not what may happen down the road. As far as the economic benefits of deregulation and tax-cuts-for-the-rich, that's typical red/blue "culture war" debate territory that would probably go on forever if we delve into here.

      Actually, I'm for tax cuts to businesses, BUT only if offset by either tax increases for rich individuals, and/or shrinking the military. Otherwise, the deficit grows.

    23. Re:Curious... by LynnwoodRooster · · Score: 1

      What's even better, it was quite common for published numbers to later be revised DOWN, when Obama was President. Now that Trump is President, past numbers are being revised UP and that's ignored... Can't say anything good about the man, after all!

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  4. Is that the flag? by bluefoxlucid · · Score: 1

    Can't be. It's early. Inflection was Sep, 2015; I'm looking at Aug, 2017 to Mar, 2018 to see the next recession.

    I need more time, dammit!

    1. Re:Is that the flag? by __aaclcg7560 · · Score: 1

      The Hillary Recession is just around the corner.

    2. Re:Is that the flag? by __aaclcg7560 · · Score: 1

      You can try to normalize Trump, creimer, but it just makes you sound retarded when you say such things in public.

      If I wrote "Trump Recession" instead, would that have made me sound more intelligent?

    3. Re:Is that the flag? by rickb928 · · Score: 1

      "If I wrote "Trump Recession" instead, would that have made me sound more intelligent?"

      To 48% of the population, yes.

      Most of them watch CNN. The rest can't bear the reality that their worldview isn't the dominant one and rail against all others because they are just damned right, damn it, and most of those just want you to give it a chance, for once.

      That small sliver who just want a chance? They know their plans don;t work. They just want power.

      8% can't make yup their minds.

      And the rest, the 42%? They know better, and are waiting quietly as things get set right.

      Queue the outrage.

      --
      deleting the extra space after periods so i can stay relevant, yeah.
    4. Re: Is that the flag? by that+this+is+not+und · · Score: 1

      Too fucking nuanced. Nobody can figure out what you meant to say.

      Nested sarcasm is a bad idea. Jus stop dumping it in text boxes and clicking "submit". Please.

    5. Re:Is that the flag? by bluefoxlucid · · Score: 1

      It's a continuing pattern. Our economic system isn't yet stable; I'm trying to improve on that, but it's difficult politically.

      In high-school economics, they talk about the business cycle, with peaks and troughs. It'd be nice if the world was like that--I think I can achieve that, actually. The problem is we actually get most of our "good times" battered and bleeding, in a bad economy, recovering from a recession; there's a very short low point where the economy's stable, and then it sharply drives itself into recession again. They're usually small; the last one of the magnitude of the Great Recession of 2008 peaked in the last quarter of 1982.

      An economy with better stability would recover from recession faster, and would react more-quickly. That means the ramp-up would be slower (constant stability = constant recovery, including recovery during the fall), while the reaction of the economy would be faster (we'd move from setting in to recovery sooner), and the long-term recovery would also be faster (we'd return to baseline at a faster rate). As a result, recessions would reach lower peaks in severity, recover more-rapidly, and normalize sooner. The economy would sit in a better state and wobble, instead of having repeated seizures.

      The downside is the real world would start to look like ECON 100. People already think they understand economics because they had a class about it in high school.

    6. Re:Is that the flag? by BarbaraHudson · · Score: 1

      Well, actually neither one won a majority of votes, so they can both be considered as contributing to the next recession. See how even-handed and fair I can be?

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    7. Re:Is that the flag? by sexconker · · Score: 1

      No, the outrage is being queued. If you are outraged (or outrageous), please queue up.

    8. Re: Is that the flag? by rickb928 · · Score: 1

      And you're moving on...

      --
      deleting the extra space after periods so i can stay relevant, yeah.
    9. Re:Is that the flag? by sysrammer · · Score: 1

      Queue the outrage.

      Good sir, can you tell me which queue I should be in for outrage?

      "Be advised that the country will be unavailable for a short outrage. You will be notified when the nation is back online. Sorry for the inconvenience."

      --
      His ignorance covered the whole earth like a blanket, and there was hardly a hole in it anywhere. - Mark Twain
    10. Re:Is that the flag? by HornWumpus · · Score: 1

      People already think they understand economics because they had a class about it in high school.

      From you? Now that's irony.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    11. Re:Is that the flag? by bluefoxlucid · · Score: 1

      Shrug. You consistently reject things that don't meet your ideals, such as the fact that raising subsets of wages (e.g. minimum wage) concentrates income into fewer hands and thus contributes a reduction in employment. So I look down on you as an ignorant child; you laugh at me because I have knowledge you don't and so your ignorance leads you to conclude wrongly, and you reject the possibility that you could be wrong because you're a child.

      I got here by being you, realizing I was a dumbass, and then ceasing to be you. Catch up to me.

  5. Statstics can lie, data omitted in these numbers by evolutionary · · Score: 1

    The census reports don't count homeless people as unemployed nor does it count people who have given up looking. It's a funny system. So these number are, shall we say, conservative if you are looking for real numbers as opposed to number sugar coated for the media/public.

    --
    "Imagination is more important than knowledge" - Einstein
  6. Re:Both jobs and unemployment up? by Anonymous Coward · · Score: 1

    I thought unemployment is when you don't have a job. ...am I wrong?

  7. Re:I have a suggestion... by Highdude702 · · Score: 3, Interesting

    I have a criminal record.. I have never gone more than a week without work unwillingly. Even in prison.

  8. Re:Both jobs and unemployment up? by __aaclcg7560 · · Score: 1

    I thought unemployment is when you don't have a job. ...am I wrong?

    To quote the infallible Ronald Reagan: "A recession is when your neighbor is unemployed. A depression is when you're unemployed."

  9. Re:Both jobs and unemployment up? by schwit1 · · Score: 1
    Food stamp changes in Georgia & Alabama may account for some of it. People who were not working or looking for work had to get a job or training.

    http://www.theblaze.com/news/2...
    In Alabama, the state government began to require this year that able-bodied adults without dependents in 13 of its counties either have a job or go through a work training program while receiving benefits. The result has been a staggering 85 percent decrease in the number of food stamp beneficiaries in those counties.

    And in Georgia, state lawmakers began requiring this year that ABAWD in 21 of its counties either hold a job or complete job training as a condition of receiving food stamps. So far, the requirement has resulted in a 62 percent drop in the number of beneficiaries in those same 21 counties.

  10. Re:I have a suggestion... by pastafazou · · Score: 2

    Reading comprehension fail. You don't know what a double negative is. (Never without work) means always working. (Never without work unwillingly) means always working unless forced not to.

  11. Re:"Discouraged" job seekers. by plopez · · Score: 3, Informative

    go to bls.gov

    --
    putting the 'B' in LGBTQ+
  12. Re:That makes no sense. by plopez · · Score: 2

    Crime, leaching off of others, politics, managment. Though the last 2 are redundent.

    --
    putting the 'B' in LGBTQ+
  13. Bullshit figures, fake news. by grub · · Score: 1


    Many people have told me that there are already 2.4 million new jobs filled by people working in all the new coal mines. Many people. These are the best jobs.

    --
    Trolling is a art,
    1. Re:Bullshit figures, fake news. by Tablizer · · Score: 1

      Sig: "Trolling is an art"

      In the way WWE is "art".

  14. Re:"Discouraged" job seekers. by Anonymous Coward · · Score: 2, Insightful

    Keep in mind that the IRS has records of every lawful employment payment (and many unlawful). Each one is reported with time period, money earned, and a unique identifier.

    As long as you don't get too picky arguing about why someone hasn't received another legal paycheck since their unemployment returns ended, you can get a useful number. Reporting it as "no longer looking for work" may not be entirely accurate, but "no longer receiving any reported income" doesn't have quite the same ring to it.

  15. Re:I have a suggestion... by rickb928 · · Score: 1

    BTW I rent to people like you. They pay on time and don't cause trouble. Mostly. The troublemakers are surprisingly easy to get rid of, I got people for that. They wear uniforms and everything. Very efficient, and affordable.

    --
    deleting the extra space after periods so i can stay relevant, yeah.
  16. Re: "Discouraged" job seekers. by Salgak1 · · Score: 2

    . . . or you're stuck in an area with low income to start with, and a single industry that's shut down. West Virginia coal-mining towns come to mind, when the mine shuts down, nobody has the cash to move elsewhere.

    And, of course, HR types not even considering long-term unemployed compounds the problem. . .

  17. Re:Both jobs and unemployment up? by pastafazou · · Score: 3, Informative

    Not any more. Unemployment is now defined as when you don't have a job, but are actively looking for one. Not counted are those that have stopped looking, those that have done any kind of work just to make a dollar but aren't holding a job (if you earned $20 in a week, you're not considered unemployed), and those that are working part-time but want full time.

  18. Re:It fell from 7.8 to 4.7% under Obama by __aaclcg7560 · · Score: 1

    I don't know where you get the 'didn't budge' bit from.

    Last six months of 2016.

  19. Re: "Discouraged" job seekers. by that+this+is+not+und · · Score: 2

    HR types not being blood-let and piled into trenches is a big part of the problem.

  20. What's your point? by Comboman · · Score: 4, Insightful

    The census reports don't count homeless people as unemployed nor does it count people who have given up looking.

    It also doesn't include people who are retired, or children, or stay-at-home parents, or people in prisons/mental institutions/hospitals/etc. Nor should it. Unemployed doesn't mean "not working", it means "ready, able and willing to work but unable to find a job".

    --
    Support Right To Repair Legislation.
  21. Re:Statstics can lie, data omitted in these number by Tablizer · · Score: 4, Insightful

    Not this issue again. There are multiple ways to measure "unemployment", and each are imperfect for different reasons. Part of the problem is that "unemployed" can be a grey area. Lets say Bob is recently retired. He would take up a job if it paid really well or piqued his interest, but Bob otherwise is happy with retirement and is not actively looking. A house wife* may view the job market similarly. Is that "unemployed"?

    The metric typically used by the press has been a de-facto standard yardstick for decades, for good or bad.

    Pundits often complain about it based on their bias or desired audience influence angle. There are other published metrics of "unemployment", as a nearby message lists, and pundits often switch to one of these others when it suits them.

    If a pundit plays such games without explaining the difference and trade-offs, you know they are either biased, manipulative, or clueless. Granted, just because a pundit bungles one issue doesn't mean they bungle everything, but this one is a yellow flag.

    * There's probably a PC way to say it. "Non-paid domestic worker?"

  22. Re:That makes no sense. by omnichad · · Score: 2

    a non-livable wage is more money than zero money from not working

    And takes away all your useful hours you could otherwise use to find a livable wage.

  23. Re: Both jobs and unemployment up? by that+this+is+not+und · · Score: 1

    Those were the old "new rules." A Republican is now President and the bureaucrats who measure these phenomenon have need to adjust their methods.

  24. Re:"Discouraged" job seekers. by BarbaraHudson · · Score: 5, Insightful

    Keep in mind that the IRS has records of every lawful employment payment (and many unlawful). Each one is reported with time period, money earned, and a unique identifier.

    These numbers are never used, even though they obviously would give the best data. They can't be manipulated as easily, and it would be too easy to point out that job income per worker has been stagnant or even declined for a generation. GDP has increased tremendously, but it's not showing up in pay packets.

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
  25. Wage growth by raind · · Score: 1

    was 2.5 % so let's not get to excited.

    --
    Get up!
  26. Labor force participation rate by bill_mcgonigle · · Score: 2

    All the U- numbers have certain guesses, models, and biases involved. For raw data just go for the labor force participation rate which is the least-political measure.

    It's slightly improved, but there was clearly no "Obama Recovery" and the US economy hasn't gotten back to pre-crash levels.

    "It's the jobs, stupid" as a politician once said.

    --
    My God, it's Full of Source!
    OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
    1. Re:Labor force participation rate by Anonymous Coward · · Score: 1

      The labor force participation rate isn't as straight forward of indicator as you imply. All the labor force participation rate measures is the number of people age 16+ who are employed or seeking employment divided by the total number of people in the US who are 16+ and not in the military or in prison. As the baby-boomers continue to retire, the labor force participation rate is going to continue to fall, regardless of the strength of the economy simply because there's more older people aging out of employment than there are younger people aging in. The labor force participation rate has been declining for almost 20 years. The decline almost disappeared during the housing bubble and then accelerated slightly during the recession, but by the end of Obama's two terms, the rate of decline was back to historic norms, and the actual participation rate is just about at the level you would expect it to be based on the trajectory it was headed before the housing bubble and recession. Also note, that a strong economy in and of itself can also result in a drop in the labor force participation rate. Aged individuals who feel their finances are secure have a greater incentive to retire earlier, young people who feel their finances are secure have a greater incentive to spend more years in education while delaying entry to the work force, and families that feel their finances are secure have less of an incentive to pressure teenage and college age children into seeking employment. Conversely, a bad economy can put pressure on the labor force participation rate to go up or stay higher than it otherwise would be, for the opposite of the examples listed above. The point is that the labor force participation rate is not in any way a clear indicator of whether or not there was an "Obama Recovery".

    2. Re:Labor force participation rate by bluefoxlucid · · Score: 1

      Actually, the peak labor force participation rate was 66.4% in 2007. Adjusting for peak labor force participation rate, our current U3 unemployment rate of 4.7 at 62.8% would be 4.97%. This is versus a peak unemployment rate of 10.0% at 64.4% in October 2009, which would be 10.31% at 66.4% labor participation rate; our current U3 would adjust to 4.82% at 64.4% labor force participation rate.

      So if you want to use the labor force participation rate numbers as a normalization, unemployment fell from 10% in October 2009 to 4.82% today; or it fell from 10.31% in October 2009 to 4.97% today.

      The old labor force argument was that LFPR went up because the economy was so bad that two people had to work to make enough income to survive. That was also a bogus argument. We're in a really long labor force bubble, and we're so wealthy now that more spouses and domestic partners are electing to not work and have a single breadwinner in the family again. This comes after a prior cultural shift around WW2 where men went to war and women got jobs, and the women kept on working.

      In any case, you tried to handwave labor force participation rate without running the numbers. Running the numbers proves you're wrong.

    3. Re:Labor force participation rate by imgod2u · · Score: 1

      Even the labor force participation rate is not a very good indicator. Since all it is is taking all people working divided by total population. It doesn't account for the distribution of people (particularly based on age). So if you had more seniors and children (as has happened in the past decade), the LFPR will drop naturally.

    4. Re:Labor force participation rate by LeftCoastThinker · · Score: 1

      The labor participation force rate is a good number, but you have to subtract out the baby boomers who are currently retiring in record numbers. Once you factor them out, what you are left with is most likely the real unemployment numbers.

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    5. Re:Labor force participation rate by fustakrakich · · Score: 1

      Ah, but see how it is leveling off? Coal, baby... Begun the Trump recovery has!

      --
      “He’s not deformed, he’s just drunk!”
    6. Re:Labor force participation rate by jeff4747 · · Score: 1

      Your analysis assumes that every working age adult wants and/or should have a job.

      That's a very bad assumption.

  27. Re:I have a suggestion... by LynnwoodRooster · · Score: 1
    So not only are you an "undesireable", you are also occupying a job that could be occupied by a non-criminal! You're a two-fer!

    /sarc

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  28. re: WV and coal mining towns by King_TJ · · Score: 2

    As someone who lives close to some of those former coal mining towns in WV, I'd have to say the core problem comes down to lack of education. The fact that coal mining went away certainly means the primary source of income for people disappeared. But the large percentage of people who still keep trying to do what they've always done, expecting a better/new result is disturbing. If you go out in public in those communities, you see a whole bunch of people who can't spell any words properly if they contain more than about 4 letters. Their math skills are just as rudimentary. Many lack even basic people skills, needed to negotiate things like confrontations with dissatisfied customers in a workplace. They're simply not mentally equipped to be employable in modern society.

    You read stories about some of the exceptions to the rule who found success changing career paths from coal miner to software developer and so on. But that's not a realistic short-term plan for most of the people I've seen out there.

    Businesses who need a specialized workforce would be wise to realize these places are opportunities in disguise. They need to invest the money in educating and training them as part of a job offer. (As just one example, I was talking to a guy who owns a plumbing company. Anyone working for him full-time can earn up to a 6 figure salary with little trouble, and he's willing to provide training. But he still can't get enough people willing to work for him, simply because most people don't want to do plumbing for a living. IMO, if you can live with mining coal, you can surely live with some sewage backups and bad smells?)

  29. Re:I'd go on food stamps just to get retraining. by BarbaraHudson · · Score: 1

    More like dish washer or cleaning tables at restaurants, dead-end jobs that end up earning less than minimum wage for the majority of workers such as how to cut hair, etc. Anything that is simple but can be padded out to take what looks like a decent course in terms of time, and will give employers cheap or free labour during the obligatory "apprentice" period.

    If your transportation and child care expenses to attend these courses which never lead to a job anyway are more than the value of benefits, you can't go. It's suicide.

    I remember seeing interns from a "web designer assistant" program. What a useless pile of shit that was only designed as make-work. First, what the hell is a "web designer assistant"? To me, that would be someone who fetches coffee. From the people I got stuck with, being able to use a mouse isn't a requirement. Or fonts. Or html. Or css. Or javascript. And forget back-end stuff. "What's a server?" And this was after 9 months of "training."

    It's the same with "office skills" training. A joke. Knowing how to use Office is nowhere near sufficient. Knowing how to spell and proper grammar, on the other hand ... how to deal with buyers and sellers, and the internal departments, etc. ... but those are too hard to teach in a bullshit course that is taught by people who themselves never worked in an office but know how to use Office.

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
  30. Re:Both jobs and unemployment up? by BarbaraHudson · · Score: 1

    Yet Alabama leads the country in hunger, so their solution is to cut off food assistance.

    Good job Alabama.

    Well, given time it will work.

    Gut off assistance.
    Crime rate goes up
    Build more for-profit prisons - PROFIT

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
  31. Re:Time for fiscal responsibility by Rockoon · · Score: 1

    and big increases in taxes on the ultra-rich.

    It seems to me that whenever we get you pro-tax-increase folks to define what your jealousy-fueled bullshit terms are (like "ultra-rich") I find out that either the median income folks are included in your "ultra-rich" group, or that you grossly over-estimated (multiple orders of magnitude) how much money can be gotten out of the "ultra-rich."

    For instance we were told that the "Bush Tax Cuts" were tax cuts for the "ultra-rich" but amazingly it was median incomes that got the biggest tax break. Obama made them permanent because of this fact. A fact the left will continue to ignore forever, because jealousy.

    --
    "His name was James Damore."
  32. Yep by SuperKendall · · Score: 3, Interesting

    The number of jobs increased, and unemployment rose a bit, a clear sign that people are starting to look again... but it will take a while to unwind from the real 10%+ unemployment rate we actually have.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:Yep by Gay+Boner+Sex · · Score: 1

      And a LOT LONGER (read never) to unwind from the underemployment.

      My nephew has a masters degree in computer science and is stocking a computer store at minimum wage. At least he isn't working multiple part time food service jobs.

    2. Re:Yep by dasgoober · · Score: 2

      Guess that master's degree came in handy, then

    3. Re:Yep by Anonymous Coward · · Score: 1

      Just the fact that he has a masters degree but can't find a job in today's tech environment shows a remarkable lack of initiative and common sense. These are two of the most important characteristics a hiring will notice in any job interview. Your actual technical abilities alone will not guarantee you a job in your chosen field. I have had to work with people that were remarkably talented who deserve the appellation of "guru" but all their other characteristics made them impossible to get anything done. A persons technical ability has been downgraded in importance because any technical question can be answered within minutes with just a few web searches. And it is amazing how many people will wander around the office bugging the hell out people asking how to code some type of functionality instead of hitting Google up for the answer. Usually you will get many examples of how to solve your coding dilemma to chose from.

    4. Re:Yep by Anonymous Coward · · Score: 2, Insightful

      "shows a remarkable lack of initiative and common sense"

      Why would you immediately jump to placing all of the blame on this kid who's trying but can't find a job? Frankly, my experience has been that the lack of initiative and common sense has been entirely with the organization and its rotten "leadership." I cannot tell you how many places put everything but the kitchen sink on their job descriptions and then fight you to the ends of the earth if you ever try to do anything.

      This entire industry is stuck in a terrible malaise. Nothing fucking works because nobody is even trying to do anything right. Just silent failures, unexplained hanging, "oops!" error messages, 40 layers of frameworks, and a Chrome update treadmill set to warp fucking speed.

    5. Re:Yep by slashdot_commentator · · Score: 1

      Students of for-profit boutique colleges are shocked to find out that their diploma isn't worth shit, either in the real world, or in their depressed local economy.

      And why would I hire a guy with a master's degree that's never developed code for a real company? Employers don't hire you because you have an expensive piece of paper, and schools that issue masters degrees in computer science don't train you to produce efficient, effective code in a short period of time.

      At very least, the nephew fucked up by not having a slew of productive internships during the summer break.

      --
      There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
    6. Re: Yep by Anonymous Coward · · Score: 1

      Your friend is doing something incredibly wrong then. I make 80k in Phoenix doing run of the mill networking stuff with a bachelor's degree from a no-name college.

      If his credentials are really that awesome, he should make a LOT more than that.

    7. Re: Yep by Anonymous Coward · · Score: 1

      Your nefew should try try again. I just got a programmer job paying 200k us, and I have no degree.

  33. Re: WV and coal mining towns by rnturn · · Score: 1

    The wife and I lived in SE OH--maybe a half hour drive to WV--for around ten years back in the '80s. I encountered people working at some of the local businesses who were illiterate. When my wife was working at a bank there were customers (miners) who couldn't write their own name; they made a "mark" that was witnessed and initialed by their friend. Those folks are going to have the worst time of all moving to a new vocation.

    --
    CUR ALLOC 20195.....5804M
  34. Re:Both jobs and unemployment up? by butchersong · · Score: 1

    Alabama is 5th in obesity rate nationwide. They can't be that hungry.

  35. Thanks, President Obama! by WillAffleckUW · · Score: 1

    Glad to see all the growth was in STEM and Renewable Energy.

    Too bad Comrade Trump lost more fossil fuel jobs in America, though. Sad. Such tiny hands.

    --
    -- Tigger warning: This post may contain tiggers! --
  36. Re:4.4% Ha ha ha. by WillAffleckUW · · Score: 1

    Agree, it's more like 3 percent in Greater Seattle, and 2.4 percent in Seattle itself.

    Damn you, $15/hour minimum wage job creation!

    --
    -- Tigger warning: This post may contain tiggers! --
  37. Re:Statstics can lie, data omitted in these number by moeinvt · · Score: 1

    The enormous "grey area" in this oft-quoted unemployment rate is the definition and determination of the "work force". That number seems rather arbitrary and very difficult to estimate accurately. A person's unemployment benefits expire and they are suddenly no longer in the "work force"? Even though UE typically requires people to be actively looking for work? It doesn't make any sense. Unemployment goes down? Great. Does that mean the economy is getting better, or are we in a prolonged recession in which millions of people have been out of work for more than 6 months?

    To me, the clearest measure of employment is found in the "A Tables" of the BLS report. This is the employment rate of the population. Simply the number of people employed as a fraction of the total. That number can't be fudged by arbitrarily throwing people in and out of the "work force". It's a clear indication of our economic health as well because the employment rate would not be trending upward during a prolonged recession.

    To me, it also seems like the most relevant metric because everyone in our society is dependent on the working people. Sure, there are a few retired people living mostly off their own savings, but even they receive benefits from government and the entire government is funded by the working people. The other non-working people have to get their food, clothing & shelter from somewhere, so the employment rate of the population tells us the number of producers and the number of dependents in the economy. It's hard to spin that number.

  38. Re: WV and coal mining towns by blindseer · · Score: 1

    Wait, 1980s? That's 25, 35, close to 40 years ago. Pretty sure that most of them are not working now. Quite likely they're all senile or dead by now, or if not at least learned how to read.

    Would the next generation be just as illiterate as their parents? Pretty sure seeing Dad have to go to the bank and need someone to sign everything for them was good motivation to learn enough of the "3 Rs" to not have to live like that. We've also seen the creation of the US Department of Education in 1979. I would hope this meant some public schools for some of those miner's... minors? (yeah, bad pun)

    --
    I am armed because I am free. I am free because I am armed.
  39. Re:Statstics can lie, data omitted in these number by Tablizer · · Score: 1

    Simply the number of people employed as a fraction of the total.

    There are numerous problems with that also. For example, if the economy is bad and stocks go down, people who would otherwise retire may postpone retirement because their 401K's take a hit. The total % of working then is pushed up by this even if conditions are dire.

    The age distribution also affects it. If a given population has a lot of retired people, then your rate goes down even if there's nothing wrong with the economy. It's not necessarily a "bad" thing.

    Sorry, ain't no perfect metric. Personally, I'd use a conglomeration of metrics, but the weights given would be subject to heavy debate, and thus could be called subjective.

  40. Re: Curious... [correction] by Tablizer · · Score: 1

    Re: "Their business goes to forum farms."

    Sorry, should be foreign farms.

  41. Re: WV and coal mining towns by lgw · · Score: 2

    IQ is strongly correlated with the kinds of jobs you can hold. Right now, there's almost nothing in the US economy if you're IQ is below about 85 (15% of the population, mostly male). At that IQ, you can only really do repetitive work as instructed in detail. There are a few manual labor jobs left, but automation has nearly eliminated all such jobs already.

    In the coming wave of automation, that IQ bar is simply moving up. I expect most of the current simplest jobs - say those doable with n IQ of about 90, to go away. That higher standard will mean 25% of the population will be effectively unemployable.

    No one has a good idea what to do about this. Just handing them money is not a great plan - these are people whop, by definition, need a boss and need to be told what to to to be engaged in productive work. And most people need to feel productive in order to maintain mental health.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  42. 4%? by p51d007 · · Score: 1

    The ACTUAL unemployment rate since the 2007/08 recession/depression is around 12-14% but, the government BOTH SIDES of the political isle, will use numbers associated only with those that actually WANT to work, not those that have given up, gone on government assistance, etc, which knocks the rate down to 4-5%. With all of the shuddered businesses, how could any SANE person think everything has been "great" since around 2010?

  43. Re:Statstics can lie, data omitted in these number by sysrammer · · Score: 1

    "The census reports don't count..."

    Yeah, Reagan changed the way unemp was calced, and how the dems howled! Well, we're stuck with it now. Until another prez decides he needs to change the calcs to make himself look better.

    --
    His ignorance covered the whole earth like a blanket, and there was hardly a hole in it anywhere. - Mark Twain
  44. Re:"Discouraged" job seekers. by imgod2u · · Score: 1

    Erm...they *are* used. On BLS, search for "full-time employed". Then "part-time employed". There's even a distinction between full-time employed with health benefits vs not.

    Data is collected and if you even do a cursory amount of legwork, can be collected and interpreted.

  45. Re: WV and coal mining towns by fustakrakich · · Score: 2

    Looks more like automation will wipe out middle to upper management first, since it's mostly paper pushing. The folks on top, well, they push the buttons. As for the other 7 billion of us, I don't want to be the one to say.

    --
    “He’s not deformed, he’s just drunk!”
  46. Re:"Discouraged" job seekers. by fustakrakich · · Score: 1

    Not at all. It's a shared common interest. "Conspiracy" is a stun grenade, meant to distract.

    --
    “He’s not deformed, he’s just drunk!”
  47. Re: WV and coal mining towns by LeftCoastThinker · · Score: 2

    Put them all in phone tech support. It will be a step up from having to deal with the same IQ bracket from India.

    --
    If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
  48. Re:"Discouraged" job seekers. by Bartles · · Score: 2

    Go to the Bureau of Labor Statistics website. It's all there.

  49. Re: WV and coal mining towns by Bartles · · Score: 2

    I would be willing to bet the literacy rate of coal mining areas of WV is quite a bit higher than parts of Chicago.

  50. Re:I have a suggestion... by Highdude702 · · Score: 1

    lol, I just don't understand whats so hard about finding a job. I know people that claim they cant find a job, but in reality they really aren't even trying. Or trying to get jobs they know they will get turned down for.

  51. Re:Time for fiscal responsibility by imgod2u · · Score: 1

    To be fair, while you're correct that there isn't much revenue to be gained from the *income* of the "ultra-rich" (I define it as those who rely mostly on investment income, so about $100M+ net worth), the wealth distribution is the true beast to look at.

    IMO, taxing income was never a good idea. It slows economic activity. What you want is to discourage wealth concentration. It would've been way better to have a wealth tax rather than an income tax.

  52. Bad news only by mi · · Score: 1

    The unemployment rate rose slightly to 4.4 percent from 4.3 percent -- a 16-year low that was hit in May.

    Why wasn't the 16-year low on the Slashdot's front page back in May? Why is the current move particularly news-worthy?

    --
    In Soviet Washington the swamp drains you.
  53. Re: "Discouraged" job seekers. by LoyalOpposition · · Score: 1

    Which frankly if you haven't found work in over a year, your motivation to find work must be nearly zero.

    I haven't found work in over a year, and my motivation to find work is far from zero. I have two college degrees in a STEM field, but was laid off March 15, 2016. I did find work for three week in January, but nothing other than that. I'm not counted in the unemployment figure since my unemployment insurance ran out over ten months ago. My wife also has a college degree. She works two days a week, six hours a day, so she doesn't bring in much money. (Well, except for last week, when they asked her not to come in, so she didn't bring in any money.) She, too, isn't counted in the unemployment figure. My oldest son finally got work two months ago. He has a college degree, but is working for barely more than minimum wage. Despite being greatly underemployed, he isn't counted in the unemployment figure. My middle son also has a college degree, but is working for barely more than minimum wage. He, too, isn't counted in the unemployment figure. His new wife just got a job. She starts work next month. She, too, isn't counted in the unemployment figure. My youngest son it attending college. He, too, isn't counted in the unemployment figure. So, amongst the six of us who aren't working or are working for far less money than our educations suggest we should be making, none of us are counted in the unemployment figure. I know how we could get 0% unemployment in this country. Just don't count anyone.

    ~Loyal

    --
    I aim to misbehave.
  54. Re:Statstics can lie, data omitted in these number by jeff4747 · · Score: 1

    * There's probably a PC way to say it. "Non-paid domestic worker?"

    Stay at home parent is most-commonly used, at least when raising children is involved.

  55. Re:4.4% Ha ha ha. by WillAffleckUW · · Score: 1

    OOH I M SO WORRIED.

    Not.

    --
    -- Tigger warning: This post may contain tiggers! --
  56. Re:Time for fiscal responsibility by Rockoon · · Score: 1

    sigh....

    So what you are saying is if I have $100 you are going to take $10, then a year later now that I have $90 you are going to take $9, and so on?

    Exactly how many times do you intend to tax the same money?

    I suspect that you havent considered this argument and have just panicked a bit because the go-to solution to this argument is to tax increases in wealth... however thats called "income" and would be an "income tax."

    Here is the thing... our "income tax" is a lie. It should correctly be called a "revenue tax." We don't tax increases in wealth. We tax a persons revenue instead, and its immoral on every level.

    --
    "His name was James Damore."
  57. Re: WV and coal mining towns by FlyHelicopters · · Score: 1

    You can't say no onto has an idea of what to do about this...

    You CAN say no one has an idea you like...

    Serious question: should we keep such people? Should we allow them to breed?

  58. Re:Time for fiscal responsibility by HornWumpus · · Score: 1

    The rich person would keep the capital off-shore if our investment tax rate was that high. All the capital would seek returns and leave.

    Sure the American investors would have to cheat to get away with it, but the foreign capital wouldn't even have to make that minor effort.

    Nobody really rich pays inheritance taxes. They can afford estate planning, 'pass through' insurance and trusts.

    I don't even know how to address stupidity like: 'now the US government can inject that money back into the US economy'. You really think the government allocates resources better? Really? How old are you?

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  59. When ideology smashes into reality by Texmaize · · Score: 1

    See if you are in West Virginia, you are just a low IQ person with little hope because you are not cool enough to be in the coast. You are generationally poor, bad attitude, and low ambition. You feel that there is no hope, so you may not try as hard. Ha ha ha, look at those idiots, born with low IQ.

    Wait, it seems to me we have other populations in the country who suffer from the same issues. Are you asserting they also suffer from intrinsic, low IQ? Interesting. I think someone even wrote a book you may like:

    https://en.wikipedia.org/wiki/...

    I find it fascinating that people can so readily bash others, so long as the media says its ok to do so to that group. Yet, even hint about this for another group and you will raise a shit-storm. I guess in your world, being consistent doesn't matter, but believing what your told does.

    Btw, when the robots, Asians, or whatever come for your job, you will be gleefully posting in these forums that your IQ wasn't high enough, right?

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    1. Re:When ideology smashes into reality by lgw · · Score: 1

      Coal mining is one of the few jobs you can do with a low-ish IQ (too safety intensive for a very low IQ). That doesn't mean, nor did I say anywhere, that all coal miners have low IQ. Not sure where you got that from. But a significant percentage of people displaced by all sorts of manual labor going away, including coal mining, won't be able to find new jobs. You can't "re-train" someone to a job that needs a higher IQ than they have. If you can find a way to raise adult IQ, there's a $billion market for it, BTW.

      As far as any criticism of the Bell Curve - sure, the science might have flaws, I dunno, but objecting to it based on the conclusion is irrational. Science doesn't care if you like the answer. IQ predicts the ability to succeed in a given type of job quite well, at a statistical level. If we're talking about problems that groups of people are going to have, I'll stick with ideas with a scientific basis over guesswork and wishful thinking.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    2. Re:When ideology smashes into reality by Texmaize · · Score: 1

      The response was actually to the thread point above yours, so the arguments would indeed not apply to you. You did not imply these things, but the guy above you did. So, I am not exactly sure what mistake was made to place it under the wrong post.

      --
      "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
  60. The real question by Texmaize · · Score: 1

    The better question should be: How can you be so stupid to only exist in a tiny bubble filled with people who only agree with you and never seriously examine any argument that challenges your world view?

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    1. Re:The real question by phantomfive · · Score: 1

      I will tell you, there is unlikely to be any argument on Fox News that changes anybody's viewpoint. It's basically an echo chamber, making people feel good.

      If there is something that changes my mind, it's more likely to be in NYT or WSJ. I am more likely to find a well-reasoned argument here on Slashdot that changes my mind, than on Fox News. I don't view talk radio as reasoning, I view it as entertainment.

      --
      "First they came for the slanderers and i said nothing."
    2. Re:The real question by Texmaize · · Score: 1

      The New York times has had to retract far more stories than Fox News. NYT has been shown to be incredibly biased and like many other liberal news sources, has manufactured news. Again, you are living in your bubble, which is sad. You just ignore these truths because those other things support a narrative that you have never questioned nor investigated. You are the very definition of ignorant.

      An intelligent person, unlike yourself, would read from many perspectives and always be challenging their assumptions. Each ideology has limits. Someday, you might grow up enough to understand this.

      --
      "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    3. Re:The real question by phantomfive · · Score: 1

      Link me to some "world-view changing" clip on Fox News. If you think it's so great, there must be plenty of good clips.
      Also, I notice you only criticize liberal papers. Are you sure you're not living in your own stupid bubble?

      --
      "First they came for the slanderers and i said nothing."
    4. Re:The real question by Texmaize · · Score: 1

      Sure thing!

      This video shows the architect of the affordable health care act making fun of his supporters for being stupid. You may not have known this because it was not widely covered in the liberal press.

      Here is a story from USA Today that describes how several of what you would think of as trusted news sources altered information and made up facts to create a story line in the Trayvon Martin Case.

      Do you know the recent one about how Clapper out right lied about the Russian hacking thing, or do I have to go dig out a link you there too?

      So yeah, since I am informed unlike you, I can provide links. Since you are of limited intelligence, you might not understand that you do not have to believe everything you read from a news source, wether it's Fox News or ABC news. They all have bias and agendas. But, by keeping an open mind, you just might grow up enough to learn that the truth is often somewhere in the middle. Each side generally displays a version of the truth. You gain greater clarity by seeing all sides. Only children listen to one thing and believe they understand the world.

      Lastly, I criticize "liberal" sources because they have long ago given up any semblance of trying to tell the truth, and instead of become an arm of a political party. The irony is that if you understood liberalism at all, you would understand this is the antithesis of liberal thought. Sadly, I don't think you do understand this.

      Btw, its interesting you got modded up to 2 in each post, even though you no defended ideas or well constructed arguments. Self modding is gauche.

      --
      "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    5. Re:The real question by phantomfive · · Score: 1

      This video shows the architect of the affordable health care act making fun of his supporters [youtube.com] for being stupid. You may not have known this because it was not widely covered in the liberal press.

      It was covered all over the place. Here's one example. If you had a broader vision, and didn't just watch crappy TV shows, you would have known that.

      I'm not sure why you linked to a USA Today article when I asked for Fox News. If your point is that ABC and NBC are just as bad as Fox News, then sure, I'll agree with you. I'm even open to arguments that they are worse than Fox. Not to say that Fox is any good, mind you.

      --
      "First they came for the slanderers and i said nothing."
    6. Re:The real question by Texmaize · · Score: 1

      The story was broke by fox news. Eventually, the other new organizations covered it then.

      As is typical from someone with your ideological slant, logic and honesty is not your ally. In your original post, you defied me to give an important and interesting article from Fox news. I did so. You also asked why did I comment on liberal slanted news sources, so I gave another link showing their slant and corruption. I know this hard for someone of limited intelligence and reading breadth such as yourself, but this is responding to two separate ideas. In the future, I will try to keep things near the first grade level for you, since by third most can follow the answers to two questions at once by then.

      So, the recap, you asked if I could provide an insightful story from Fox News. I did.
      You asked for evidence of liberal news sources biasing news. I did.
      I asked you to try to understand that both sides can obfuscate (sorry, that means hide) the truth, so you should read from many sources. You didn't.

      BTW, you also failed to understand that I am not bubbly boy like you. I do actually read the NYT and watch liberal news. I also read/see the conservative ones. Only a moron would live their lives only exposing themselves to one view and think that they are wise. Oh wait, I forgot whom I am dealing with...

      --
      "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    7. Re:The real question by phantomfive · · Score: 1

      Heh, you're dumb as a brick. You think I'm liberal.

      --
      "First they came for the slanderers and i said nothing."
  61. The truth of the matter by Texmaize · · Score: 1

    The hard truth is that in the U.S the major political parties have merged into a super party that you can call demublicans. They go to same parties, think the same things, and make the same policies. This is why you seldom see much real change with shifting governments. For example, Republicans claimed to want to repeal Obamacare when they didn't have the presidency, but when it is a real option, many forgot their zeal. The reason is that most, including the leaders are demublicans. They all secretly agreed on the policy, and were going to do it, despite what people actually thought.

    The sad thing is, they deumblicans divide us by giving each side a colored jersey, and encourage blind loyalty. My God, just look at these forums, It is common to decry Fox News or any conservative source of ideas, but if your team suddenly adopts an idea, well it is just peachy. It just matters that your team said it, not the truth of the matter. Don't believe it? Look at this thread! For years conservatives tried to explain that numbers are rigged to make it look better than the disaster that it is. Now that your team is out of office, you suddenly understand the numbers are being fiddled with because you can blame it on the other guy.

    Don't you see it doesn't matter which color jersey wins, we lose?

    Do you not understand that the real email server story is that the democrat party colluded to crush the campaign of Bernie Sanders and to suppress popular will? You think your color jersey is good and innocent? Please, wake up.

    If we are going to get anywhere and save ourselves, we have to take off our jerseys and form a new team. One where we try to honestly asses the world and look for real solutions. Otherwise, the above posters nightmare will soon be true.

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
  62. Re: WV and coal mining towns by lgw · · Score: 1

    You think there will be any (non-expert) phone support jobs left anywhere in 10 years? I don't. That's low-hanging fruit for the new wave of automation.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  63. Re: WV and coal mining towns by lgw · · Score: 1

    There's no evidence that IQ is heritable in that sort of direct way. Whatever the genetic component of IQ is, it's subtle and beyond our understanding for now.

    And, yes, I think genocide is bad, m'kay?

    --
    Socialism: a lie told by totalitarians and believed by fools.
  64. Re:Statstics can lie, data omitted in these number by TheSync · · Score: 1

    Unemployment rate numbers are based on the Bureau of Labor Statistics Household Survey Data, not Census.

    Unemployment rates of various kinds of collected. For example, the BLS collects the labor force participation rate (62.8%), the employment-population ratio (60.1%), persons marginally attached to the labor force (1.6 million), the number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers, 5.3 million) and discouraged workers not currently looking for work because they believe no jobs are available for them (514,000).

    The total number of jobs is from the Bureau of Labor Statistics Establishment Survey Data of employers.

    See the Employment Situation Summary.

  65. some reality for you by Texmaize · · Score: 1

    It takes a certain level of stupid to still think the ACA is not the most misleadingly named law in existence. Sadly, not only does the above poster exist in a world so devoid of facts and personal observation that he doesn't understand this, but someone else of equally limited analytical ability modded him up. Since like most posts supporting liberal ideology on these forums, it contained emotion, pejoratives, and NO LINKS BACKING UP THE ARGUMENTS, I will provide some.

    1. Then President Obama told the people that his plan would save them on average $2500 and allow them to keep the same level of care. In fact, they new this to be a lie, as was admitted at a fund raiser where the speaker basically is laughing at how stupid people like you are. Personally, that would bother me, but you may like it when your leaders lie and ridicule you. https://www.youtube.com/watch?...

    2. The cost of medical insurance has more than doubled since AFC was enacted. In 2013, families typically paid $2784. Now, they pay $5712. http://www.breitbart.com/big-g...

    3.This year is going to be even more devastating. Here is a link from the liberally biased Politico so you don't think it is just "evil" conservatives making things up:

    http://www.politico.com/story/...

    4. At no point does Trump say that he wants to remove ACA taxes from the rich. This is simply a deluded fantasy on your part, or something that you read from a basement blogger with this fantasy. In fact, he wants to try to keep many protections for the poor and infirm. I know honesty is hard for you, but try to read first. http://thehill.com/policy/heal...

    BTW, yes, I am being harsh and yes I am annoyed. I am sick of slander being modded up in these forums. Lets keep the debates honest and not make shit up. Lets have more reason and less emotion. Or, are you simply scared that if you are honest and analyze facts, you may have to change your world view?

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
  66. Re:Time for fiscal responsibility by imgod2u · · Score: 1

    sigh....

    And here you are with your BS Libertarian "taxes suck! It's immoral!" BS.

    You had some merits of pragmatism when you talked about how effective raising income taxes on "the rich" would be as well as whether or not Bush's tax cuts were really "cuts for the rich" or just cuts for middle-income.

    Then you went derp into "taxes suck! It's theft and immoral!"

    There is no "morality" when it comes to one kind of tax or another kind of tax. Ultimately taxes are a way for people in a society to pool their resources together, with those who have more committing more than those who have less, such that collectivists programs such as a standing national military, a justice system, rule of law, etc. can be funded. How that tax is collected and what's it's collected on is largely irrelevant and the only moral part is whether, in the end, people who benefit the most (i.e. the military protects their interests the most) also pay the most.

    You can do that taxation based on anything. Purchase of products (such as EU's VAT), earned income (most seem to adopt this), property, wealth, whatever. The ultimate goal is that people with resources (property, assets, income, money to spend, whatever) commit some portion of it in order to pay for all the social structures that exist so their assets are safe and fairly protected.

    BTW, property taxes work exactly like a wealth tax would. You get taxed on the same property ad infinitum. And there are exceptions made for those who don't own much property or much income (ala Texas).

  67. Re: WV and coal mining towns by sound+vision · · Score: 1

    Feeling productive doesn't need to come from monetary employment. Hobbies and social pursuits (like raising children) can provide that. The fulfillment from that sort of thing is much deeper than (say) operating a cash register, or working as a receptionist, just so that you can collect a paycheck.

  68. Re:I have a suggestion... by Highdude702 · · Score: 1

    Wow took the 4th person to finally get what I was saying. I have always had a job, unless I wanted to fuckoff and make money other ways. Which I did for a year or so here and there. It gets tiring and dangerous though so I decided a life of work was far better.

  69. Re:I have a suggestion... by Highdude702 · · Score: 1

    Plus most corrections officers are people that can't make it as police, who were bullied in school, and think talking shit to somebody behind a door makes them tough. It's funny how their attitude changes when an inmate gets fed up with it and beats the life out of them. They come to work with a whole new respect for a year or so until they forget about it. Not to mention a lot of them hot their wives, which in my opinion makes them worse than the people that are in there for selling drugs.

  70. Re: WV and coal mining towns by Entrope · · Score: 1

    We don't have good evidence about genetic heritability of IQ, but we do know it is quite heritable. Studies on the genetic basis of intelligence usually don't reproduce precisely, and we don't even know how much heritability is generic rather than environmental (nature vs nurture, respectively).

    However, we can say that studies trying to produce widespread, durable changes in intelligence through environmental interventions consistently failed: the studies that show results cannot scale beyond a small group, or the results fade within a few years, or both.

    So because we know intelligence is heritable, and that we don't know how to improve it, it's not as easy as you would like to dismiss policy changes relating to child raising. It's obviously immoral to outright ban it, or even to punish it through heavy taxes or the like, but we can ask whether tax subsidies and benefits programs encourage bad behaviors.

  71. BTW, Phantom by Texmaize · · Score: 1

    Before I forget, since I just owned your ignorant ass so hard by providing facts and examples to your childish challenge:
    Game
    Set
    Match

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
  72. Re: WV and coal mining towns by LeftCoastThinker · · Score: 2

    That automation is already done on the web, and I for one won't put up with a non human on the phone. I mash zero until I get a human, I can't imagine I'm the only one.

    --
    If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
  73. Re: WV and coal mining towns by FlyHelicopters · · Score: 1

    True, but in those examples, the peasants came out worse each time, not better...

    So they did it to themselves, which is ironic...

  74. Re: WV and coal mining towns by FlyHelicopters · · Score: 1

    Genocide is bad, but that doesn't make 50 Billion people good either...

    Too many people have a childish notion of big problems in that they want there to be a "perfect" solution that doesn't involve any bad.

    It doesn't work that way.

  75. Re: WV and coal mining towns by lgw · · Score: 1

    If you're talking non-genetic factors, then it's mostly nutrition. Not that we can fix that worldwide, despite there being plenty of food. In the US, though, there's both enough nutrition and plentiful access to information for almost everyone. However, IQ still tends to revert to the mean, regardless of the parents.

    I doubt there's much in terms of good or bad child raising that actually affects IQ, beyond starvation or denying access to educational resources on the internet.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  76. Re: WV and coal mining towns by lgw · · Score: 1

    Feeling productive doesn't need to come from monetary employment.

    Psychology says otherwise: most people need to feel like they're "lifting a load". Raising children counts, sure, but not hobbies or socializing.

    The fulfillment from that sort of thing is much deeper than (say) operating a cash register, or working as a receptionist, just so that you can collect a paycheck.

    I'm guessing your IQ is somewhat higher than 90? Being able to do useful work without having it assigned to you in detail (or it being very repetitive) requires a certain IQ. The idea that self-defined work is more fulfilling - sure, for some people that's true, but not everyone, and particularly, not likely the people displaced by current automation.

    It might be a very different story 50 years from now.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  77. Daily update by Texmaize · · Score: 1

    Perhaps you do understand what the word dumb means. To conclude liberal leanings from someone who defends liberal sources while discounting all conservative ones and who defends liberal thought logically follows.

    If I had to guess, I would say that you think that you are libertarian, even though you really don't know what that means.

    Since you probably not have grown as a person and read any opposing viewpoint news, here is another one for you from today. It was oddly absent from the NY times.

    http://www.foxnews.com/politic...

    There are many others like it. If you read more, you might understand why so many were not in favor of Mrs. Clinton. My second guess is that while I am aware of Trumps many, annoying flaws, you are mostly unaware of the negative aspects of Clinton. If you are aware of all those and think she would make a good leader, then you truly are stupid.

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    1. Re:Daily update by phantomfive · · Score: 1

      Since you probably not have grown as a person and read any opposing viewpoint news

      You're very wrong.

      --
      "First they came for the slanderers and i said nothing."