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In reply to the discussion: UPDATE: U.S. unemployment fell to 3.6 percent, lowest since 1969 [View all]progree
(11,449 posts)58. How so? Baby boomers retiring for one thing. I'm one of the 96,223,000 .
People 16 and over going to school. Stay-at-home moms and dads by choice....
More significant to me is Not In Labor Force, Wants Job
http://data.bls.gov/timeseries/LNS15026639
5,121,000
+106,000 in the past month, and down just 22,000 over the last 12 months.
In February I calculated the Paul Solman "U-7" rate -- everyone who says they want a job, no matter how long it has been since they looked for work -- it came to 10.2%.
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UPDATE: U.S. unemployment fell to 3.6 percent, lowest since 1969 [View all]
BumRushDaShow
May 2019
OP
About 76 of those months were during & due to Obama's terms & economic recovery. . . . nt
Bernardo de La Paz
May 2019
#1
at this point, no data is beleivable that comes out of the trump admin, if the job market is SO
beachbum bob
May 2019
#3
"If all you look at is the headline U3 figure, that could be true." But that's what gets reported
Yavin4
May 2019
#34
"Employment, as defined by the BLS, does not have the same meaning as it once did."
progree
May 2019
#37
And that stat, the U6 figure at the link, is at 7.3% which does not get reported in the media.
Yavin4
May 2019
#50
since only the top .1% are reaping rewards, seem like 2020 should be a cakewalk IF
beachbum bob
May 2019
#7
Doncha know they vote for tRump cause gubmnt the only thing keeping em from being millionaires. . nt
Bernardo de La Paz
May 2019
#8
Yes, I agree! I think they are cookin' the books! Can't believe ANYTHING that comes out of Trump's..
machoneman
May 2019
#20
Good morning. The WaPo did that with their headline about the GDP last Friday too.
mahatmakanejeeves
May 2019
#11
Just watch! These great numbers will be reduced next month, proving they are cookin'....
machoneman
May 2019
#21
Love how these figures are legit and a perfect representation of the labor market.
rogue emissary
May 2019
#22
The numbers are what they are. We use the same stats for every president. Thats the way it is.
oldsoftie
May 2019
#23
19 Do not take revenge, my dear friends, but leave room for God's wrath, for it is written: "It ...
marble falls
May 2019
#55
Lots of aberrant stastistics of the month: Employed: -103,000; Labor force: -490,000
progree
May 2019
#30
They call a randomly selected 60,000 households each month and ask a bunch of questions
progree
May 2019
#45
The unemployment rate, LFPR, etc. is based on everyone 16 and over, even centenarians
progree
May 2019
#61
Just that reply tweet and its graphic in the first one you posted was spot on
BumRushDaShow
May 2019
#40
Some news agency needs to list what jobs they count and do not count... full and part-time, double
NotHardly
May 2019
#48
Am I the only who looks more to types of jobs as opposed to numbers?
JustFiveMoreMinutes
May 2019
#54