Join the forum, it's quick and easy

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Stillnutty passed away
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyWed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyThu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyWed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyTue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyTue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyThu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyWed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptySun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyTue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyFri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptySat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyMon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyFri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyMon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? EmptyThu Sep 25, 2014 11:56 pm by pbrad009

Social Networks
July 2024
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

Calendar Calendar


US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

5 posters

Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by Guest Fri Apr 01, 2011 9:42 am

National Unemployment Rate Announced at 8:30 a.m., April 1, 2011 by the BLS

The number of unemployed persons (13.5 million) and the unemployment rate (8.8
percent)
changed little in March. The labor force also was little changed over
the month. Since November 2010, the jobless rate has declined by 1.0 percentage
point. (See table A-1.)

http://www.bls.gov/news.release/empsit.nr0.htm

mad Is this an "April Fools" joke??????

Latest Numbers
Seasonally Adjusted


Unemployment Rate:
8.8% in Mar 2011 Historical Data


Change in Unemployment Level:
-131,000 in Mar 2011 Historical Data

Change in Employment Level:
+291,000 in Mar 2011 Historical Data

Change in Civilian Labor Force Level:
+160,000 in Mar 2011 Historical Data

Civilian Labor Force Participation Rate:
64.2% in Mar 2011 Historical Data

Employment-Population Ratio:
58.5% in Mar 2011 Historical Data
Annual Averages

Unemployment Rate:
9.6% for 2010 Historical Data

Unemployment Level:
14,825,000 for 2010

Guest
Guest


Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by Abbie Fri Apr 01, 2011 10:27 am

Figures don't lie, but liars figure.
Abbie
Abbie
Member

Posts : 144
Join date : 2011-02-22

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by superstevies Fri Apr 01, 2011 2:08 pm

I hope this doesn't derail any ground we've made with H.R.589. If this doesn't get passed soon and the numbers keep getting better?????? I feel we are doomed.

I just don't understand how it keeps going down but over all the states (for the most part) are not.
superstevies
superstevies
Member

Posts : 256
Join date : 2011-02-23
Location : Rncho Cucamga, CA

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by Abbie Fri Apr 01, 2011 2:25 pm

One explanation I read was the BLS used 117,000 in the birth/death model to arrive at the new UE rate. You can read the monthly adjustments here http://www.bls.gov/web/empsit/cesbd.htm. Also in January the BLS shrunk the population by 500K so the workforce shrunk which lowers the numbers. Plus when the BLS adds to the 'discouraged worker' column, unemployment goes down, not up. It's just a numbers game to make unemployment look like it is going down, when in fact if you look at the participation rate of the workforce is is pretty much stuck around 64% and the hourly work week is around 34 hours NOT 40, so IOW the UE rate is all smoke and mirrors.

"Statistics are like a drunk with a lamp post: used more for support than illumination.”
Abbie
Abbie
Member

Posts : 144
Join date : 2011-02-22

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by Jobless_in_Ma Fri Apr 01, 2011 3:40 pm

Guess we better get used to this. As long as they keep not counting "Discourage" workers or 99ers its going to continue to go down.
Jobless_in_Ma
Jobless_in_Ma
Administrator
Administrator

Posts : 2348
Join date : 2011-02-16
Age : 50
Location : Ma

http://www.unemployed-friends2.org

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by jmainframe Thu Apr 07, 2011 11:21 pm

This is very similar to the tactics they use when reporting inflation. Just leave out energy and food!

When reporting unemployment, just leave out exhaustees and people working low-paying parttime jobs!
jmainframe
jmainframe
Member

Posts : 471
Join date : 2011-02-24
Age : 65
Location : New Jersey

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by delko Fri Apr 08, 2011 12:06 pm

BLS Stats...ITS CALLED 'SHINING THE TURD'!!!!!!!!!!!!!!!!!!!!!!!!!!!

delko
Member

Posts : 88
Join date : 2011-03-21
Location : New Jersey

Back to top Go down

US DOL Bureau of Labor Statistics:  Unemployment Rate Drops to 8.8%  ?????? Empty Re: US DOL Bureau of Labor Statistics: Unemployment Rate Drops to 8.8% ??????

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum