General Discussion

bhikkhu

(10,789 posts)

15. That's not so much the case anymore

Fri Sep 7, 2012, 07:51 PM

Sep 2012

though it still gets repeated often. The "boomers" now reaching retirement age are one thing that's different. When you have a big demographic steadily leaving the workforce that naturally reduces the labor participation rate and the total number of jobs needed to maintain it every month. Another is that immigration is lower, and birthrates are lower.

I don't know what the actual number is now, but it may be lower than 100k. I look forward to a stable population and a sustainable economy myself, when constant growth is no longer the expectation!

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We added 96,000 jobs, the unemployment rate dropped .2 pt and media spins bad news? [View all] nanabugg Sep 2012 OP

The media spins bad news because their corporate masters want them to. CaliforniaPeggy Sep 2012 #1

So is DU. bigwillq Sep 2012 #2

The stock market liked it because it is so bad and underwhelming they think the fed has to act. dkf Sep 2012 #3

They don't want to shut off their revenue spigot. russspeakeasy Sep 2012 #4

We need job grown of at least 100-120K just to maintain Qutzupalotl Sep 2012 #5

That's not so much the case anymore bhikkhu Sep 2012 #15

I dont think so RainbowOverTexas Sep 2012 #31

Yes, 96,000 jobs were added SickOfTheOnePct Sep 2012 #6

Also, General Motors is creating jobs even now. ananda Sep 2012 #7

Hmmmm RainbowOverTexas Sep 2012 #32

It's not spin. Hell Hath No Fury Sep 2012 #8

Wish I could rec this post n/t SickOfTheOnePct Sep 2012 #9

Stop telling the truth, you're supposed to wait until they allow you to speak of it just1voice Sep 2012 #13

they conveniently forget that bu$h* was LOSING 800,000 A FUCKING MONTH spanone Sep 2012 #10

No one has forgotten that SickOfTheOnePct Sep 2012 #11

It was the best August jobs report in seven years. tjwash Sep 2012 #17

I hate that 368,000 people gave up looking for work SickOfTheOnePct Sep 2012 #19

If the unemployment rate drops because people are leaving the job market - it's not really good news tammywammy Sep 2012 #12

So if it drops it is bad news and if it goes DOWN it's bad news? treestar Sep 2012 #18

"People who give up don't count."? SickOfTheOnePct Sep 2012 #22

They need to keep looking? treestar Sep 2012 #26

Sure they can keep looking SickOfTheOnePct Sep 2012 #28

It's still good if the economy is recovering treestar Sep 2012 #29

96000 jobs created SickOfTheOnePct Sep 2012 #30

If they are no longer counted just because unemployment runs out treestar Sep 2012 #36

When unemployment runs out, they are no longer counted SickOfTheOnePct Sep 2012 #39

This is not entirely accurate. tritsofme Sep 2012 #33

You're right people that drop out don't count tammywammy Sep 2012 #24

There is no reason not to keep looking treestar Sep 2012 #27

If unemployment ticked up next month tritsofme Sep 2012 #34

At least that would be consistent way of looking at it treestar Sep 2012 #35

It is not only consistent, it is accurate. tritsofme Sep 2012 #38

This is probably the most unconscionable, impenitent, and short-sighted thing I've read from Egalitarian Thug Sep 2012 #37

So much for the "liberal" media. Zoeisright Sep 2012 #14

For telling the truth? n/t SickOfTheOnePct Sep 2012 #16

It's not good news. xchrom Sep 2012 #20

The rate went down because for every job created 4 people left the workforce. former9thward Sep 2012 #21

Citizens United $$$$$ Is Rolling In otohara Sep 2012 #23

Under the hood nadinbrzezinski Sep 2012 #25