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Rosy jobs report a ruse - NYPOST.com
Free In Christ
Cooking unemployment
Same old story:
Rosy jobs report a ruse - NYPOST.com
In Christ,
Daniel 12:3 (New King James Version)
Those who are wise shall shine
Like the brightness of the firmament,
And those who turn many to righteousness
Like the stars forever and ever.
Citizen
Re: Cooking unemployment
Why weren’t there as many job losses this January? Very likely because the weather throughout the country is a lot milder this year than during the past two Januarys.
A loss of jobs that isn’t as bad as expected turns into a job gain. Does that mean there really are 243,000 new jobs out there? Absolutely not.
Let’s say there are rumors in your company that 300 people are going to be laid off. Instead, management decides to fire just 200.
Two hundred people, of course, have lost their jobs. But, adjusting it for expectations, 100 people didn’t get fired. Using this analogy, the government would say that, on an expectation-adjusted basis, 100 jobs were created.
That’s sort of what happened in the January employment report because of seasonal adjustment.
The numbers themselves shouldn’t be changed because continuity from year to year is important for comparisons. But people should be alerted when seasonal adjustments are screwing with the numbers.
Someday things will be better. Maybe even in our lifetime.
Consider the words of Omar M. Ahmad, founder of CAIR: "Islam isn't in America to be equal to any other faith, but to become dominant." ... "The Koran, the Muslim book of scripture, should be the highest authority in America , and Islam the only accepted religion on Earth."
Citizen
Re: Cooking unemployment
There was no question that the numbers were cooked. As the old saying goes, "If it sounds too good to be true, it probably is".
Psalm 73:28
28 But as for me, it is good to be near God.
I have made the Sovereign Lord my refuge;
I will tell of all your deeds.
Citizen
Re: Cooking unemployment
Yep. State and city governments do not go bankrupt with 8-10% unemployment. Never did, never have. It's closer to 20%.Originally Posted by Meg
WESTERN KENTUCKY UNIVERSITY HILLTOPPERS: 44 conference championships, third-most in NCAA history. 40 seasons with 20+ wins, sixth-most in NCAA history. 38 All-Americans, 35 national post-season appearances, 22 NCAA Tournament berths. 14th in NCAA history in all-time wins. 8th in NCAA history in all-time winning percentage (.670). 2002 NCAA Division 1AA National Football Champions
Citizen
Re: Cooking unemployment
Another factor is the number of individuals on the unemployment rolls. Not the number of newbies on unemployment, but the total number. When someone runs out of unemployment eligibility, but still doesn't have a job, then they aren't counted as being unemployed.
Figures don't lie, but........figure.
Ephesians 5:18 (New King James Version)
18 And do not be drunk with wine, in which is dissipation; but be filled with the Spirit,
I Come To The Garden Alone Hymn
And He walks with me, and He talks with me,
And He tells me I am His own;
And the joy we share as we tarry there,
None other has ever known.
Citizen
Re: Cooking unemployment
Yeah, I've been hearing about this too. Though I'm sure this has been done repeatedly over the years by different politicians.
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