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whatthehey

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7. To hopefully forestall the inevitable doomer FUD....

Reply to mahatmakanejeeves (Original post)

Thu Jul 23, 2015, 10:19 AM

Jul 2015

- no this has nothing to do with expiring benefits. These are NEW applications.

- no it isn't because there's nobody left to cut. There are just short of 150M employed people in the US, more than ever before

- no it's nothing to do with stagnant wages, which have been slowly improving in real and nominal terms for several years, or an aggregate shift to fast food work instead of skilled labor, belied by the same data

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U.S. jobless claims drop to 41-1/2-year low [View all] mahatmakanejeeves Jul 2015 OP

Just think where the unemployment could be if we had a functioning Congress. Thinkingabout Jul 2015 #1

No kidding! Adrahil Jul 2015 #5

Awesome numbers taught_me_patience Jul 2015 #2

Thanks Obama! Botany Jul 2015 #3

Obama biggest failure! liberal N proud Jul 2015 #4

What did President Obama have to do with this? Beauregard Jul 2015 #13

Why are you on Democratic Underground? nt geek tragedy Jul 2015 #14

Why not? Beauregard Jul 2015 #15

Think a crashed economy liberal N proud Jul 2015 #16

Oh? Beauregard Jul 2015 #17

When you consider the cost of doing nothing... liberal N proud Jul 2015 #28

"Nothing" was not the only alternative. Beauregard Jul 2015 #30

Do you think that is ever going to happen in this country? liberal N proud Jul 2015 #31

With the right leadership, yes. Beauregard Jul 2015 #33

But did it work? AllTooEasy Jul 2015 #53

The Car Companies Paid Back Every Dime With Interest ProfessorGAC Jul 2015 #34

As did the banks Recursion Jul 2015 #65

This happened under Bush....not Obama. Lochloosa Jul 2015 #60

The bailout didn't "cost" anything; it made money for the government (nt) Recursion Jul 2015 #64

Contrary to all evidence.... Lochloosa Jul 2015 #22

So "trickle down" works? Beauregard Jul 2015 #23

Chart 1 shows the results of the Stimulas package. We were losing 800K jobs a month. Lochloosa Jul 2015 #59

Yeah, NOT trickle down. Adrahil Jul 2015 #71

This is the chart that worries me - jonno99 Jul 2015 #27

Wow! Beauregard Jul 2015 #32

The trend downward started in 2000. DCBob Jul 2015 #43

Please look at this report... Adrahil Jul 2015 #72

This was predicted 10 years go by the BLS taught_me_patience Jul 2015 #48

I think this decline is due more to the baby boomers aging than Obama's policies. Lochloosa Jul 2015 #57

No doubt that is a piece of it. I just see too many out of work, underemployed, and on foodstamps.nt jonno99 Jul 2015 #58

Why are you against people retiring? (nt) Recursion Jul 2015 #66

He repaired the economy the GOP smashed into pieces. JoePhilly Jul 2015 #29

Clue... DCBob Jul 2015 #41

Brilliant riposte! Beauregard Jul 2015 #42

Me thinketh thou should Pulleth thy headeth Darb Jul 2015 #63

Not a deep thinker, eh? nt Adrahil Jul 2015 #73

yay! tazkcmo Jul 2015 #6

To hopefully forestall the inevitable doomer FUD.... whatthehey Jul 2015 #7

VVVVVV******like the poser below?******VVVVVV Fred Sanders Jul 2015 #10

U.S. jobless claims drop to 41-1/2-year low lsufan59 Jul 2015 #8

I am sorry. Being laid off is no fun. mahatmakanejeeves Jul 2015 #11

Is an upturn in oil/gas prices a progressive agenda? AllTooEasy Jul 2015 #54

Obama is a Communist and a Muslin. Kingofalldems Jul 2015 #9

Labor particpation rate lowest since 1970. Beauregard Jul 2015 #12

So tell your Republican Congress .... CANDO Jul 2015 #18

"Lurking con"? :) Beauregard Jul 2015 #21

Completely unrelated to jobless claims taught_me_patience Jul 2015 #19

It's the obverse of the original post. Beauregard Jul 2015 #20

start your own Damn thread then taught_me_patience Jul 2015 #24

I think I'll keep posting in this thread. Beauregard Jul 2015 #40

Look deeper. Adrahil Jul 2015 #70

Thanks. I added that link to mahatmakanejeeves Jul 2015 #74

Ahhh ... the RW search for a new metric when the standard metrics don't support their ... JoePhilly Jul 2015 #38

Read this and educate yourself.. DCBob Jul 2015 #47

Highly related to Baby Boomer deaths and retirements AllTooEasy Jul 2015 #55

Put the boomers to work!!! joshcryer Jul 2015 #69

Thats amazing numbers considering most all 'laid off' workers can get unemployment & Sunlei Jul 2015 #25

Well duh!!!! unemployment benefits have been cut to draconian levels. 1.3 million were kicked off fasttense Jul 2015 #26

Honestly this post could not be more wrong taught_me_patience Jul 2015 #35

Yes, yes, yes it's initial. But do you NOT think people are noticing? fasttense Jul 2015 #50

You clearly do not understand what this data is or what it means. JoePhilly Jul 2015 #36

People who are dropped from their unemployment benefits tell others fasttense Jul 2015 #51

So you lose your job, but you don't apply for benefits that you deserve ... JoePhilly Jul 2015 #61

These are great numbers Gothmog Jul 2015 #37

It's the McJobs factor. Wages are going to hell. Beauregard Jul 2015 #39

Your graph does not say what you imply. jeff47 Jul 2015 #45

Thanks. Here's something from the BLS. mahatmakanejeeves Jul 2015 #49

Note this graph displays % change.. not actual earnings which are going up. DCBob Jul 2015 #46

Zero Hedge? taught_me_patience Jul 2015 #56

That graph says real wages are higher now than in 2007 (nt) Recursion Jul 2015 #67

The idiot Republicans will dismiss this as statistical noise. DCBob Jul 2015 #44

Idiot republicans will ignore this and bring up the labor force participation rate taught_me_patience Jul 2015 #52

But.. but.. "socialist" Obama is ruining the economy question everything Jul 2015 #62

I blame Obama GOLGO 13 Jul 2015 #68