its a made up number. Clinton changed how the Dept of labor calculated it

Mar 6, 2015
9:05:29am

Chazz Reinhold

back in the mid 90's. the real unemployment number is over 11% if they calculated it the same way when Reagan was in office

Report problem with this ad

Chazz Reinhold

Bio page: Chazz Reinhold
Joined: Sep 16, 2012
Last login: Mar 11, 2023
Total posts: 1,022 (1 FO)

Report problem with this ad

Messages

Author

Time

Unemployment falls to 5.5%

AxelDC

3/6/15 8:30am

This is more a political report than an economic one

Jersey hunter

3/6/15 8:31am

You have a strange definition of economics

AxelDC

3/6/15 8:33am

Sweet....if it drops 5.4 more points TNT will be able to find a job!

idcougarfan

3/6/15 8:32am

Thanks America Works!

El Joffrey

3/6/15 8:32am

Fulltime adult labor participation rate? Still the lowest in 30 years?

LeftOfNormal

3/6/15 8:35am

Not surprising, Baby Boomers are getting old

zuxvon

3/6/15 8:41am

I don't think it includes them

HighHorse

3/6/15 8:43am

Nope. 18-65. Worst its been in decades.

LeftOfNormal

3/6/15 8:44am

Interesting! I know several people that have retired before 65

zuxvon

3/6/15 8:50am

More people were forced back to work full time after the crash in 2007

HighHorse

3/6/15 8:54am

Just think where we would be if Mitt had won.

Hambone

3/6/15 8:36am

So Bush gave us the jobless recover, Obama, the under paid recovery

bald man

3/6/15 8:36am

Does the labor participation rate matter?

PhilPete

3/6/15 8:36am

If the 5.5% rate stated there is so correct and awesome, why is the

PhilPete

3/6/15 8:38am

One reason, in 2008, states were allowed to relax standards for who qualified.

Finngirl

3/6/15 8:43am

Interesting, all of the "relaxing" under BO. Imagine that.

PhilPete

3/6/15 9:44am

Actually, the "relaxing" standards occurred pre-Obama, in 2008.

Finngirl

3/6/15 11:26am

And most of the TARP measures were negotiated pre Obama as well.

Finngirl

3/6/15 11:27am

Median income appears to be inching up too. Thanks Obama!

boogers

3/6/15 8:39am

Does it matter that our coountry is now full of folks who are forced to

PhilPete

3/6/15 8:39am

And if you believe that number, I've got a really nice bridge for sale...

TheDeek

3/6/15 8:50am

its a made up number. Clinton changed how the Dept of labor calculated it

Chazz Reinhold

3/6/15 9:05am

1.5 million more people now on SS disability since Obama was elected

CoogsWin

3/6/15 10:11pm

Spoiler Alert!

maxpowers

3/6/15 9:12am

And the myth that presidents control the economy continues:

Monomachos

3/6/15 9:16am

There's three kinds of lies...

BoilerCoug

3/6/15 11:23am

meant for OP

BoilerCoug

3/6/15 11:24am

Not all jobs are created equal

run26

3/6/15 10:45am

Obama's a liar and so are his officials. I hold them in utter contempt.

DeepCCoug

3/7/15 4:57pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad