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bhikkhu

(10,789 posts)
93. The rawest number might be "total employed"
Fri Feb 3, 2012, 11:42 PM
Feb 2012

...which is the total number of jobs held by people earning wages. In Table A-1 from the BLS its a few columns down:

http://www.bls.gov/news.release/empsit.t01.htm

about 141 million, and growing more or less steadily (depending on how you feel about seasonal adjustments).

...then the other raw number after that might be to see whether those new jobs aren't crappy part-time jobs, which they always mention in the monthly summary:

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

where it notes the length of the average work week was unchanged for January. There's plenty of data in the BLS reports, useful for one thing or another. To some extent you are right that it can be plucked out and spun in any number of ways, but the total jobs is hard to spin, and I think more reliable as an indicator than some percentage of some selection, artificially made.

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The man delivering this news seems excited, while babylonsister Feb 2012 #1
He's not the only one unhappy about this news. Poor 'Richie Rich' Romney! flpoljunkie Feb 2012 #11
The CNBS crew are asses. You want fairly balanced news and business watch Bloomberg still_one Feb 2012 #27
I have never understood why anyone would want "balanced" news. ieoeja Feb 2012 #51
The news itself should be accurate, and it is on Bloomberg, however, there are various opinions still_one Feb 2012 #59
or better still- read The Economist. stlsaxman Feb 2012 #75
In January the number of employed people jumped 631,000, after adjusting for new population estimate fasttense Feb 2012 #104
Roaring number of jobs added. Thats a net of 100,000+ jobs more than predicted. Firebrand Gary Feb 2012 #2
And that's with Mega-corps sitting on their hands 99th_Monkey Feb 2012 #76
Blowout? Hyperbole much? geckosfeet Feb 2012 #3
technically not close to a blowout of course banned from Kos Feb 2012 #14
Then what the hell was Trump talking about claiming unemployment had INdemo Feb 2012 #4
The Republicans inhabit an alternate universe-- Jackpine Radical Feb 2012 #10
Trump mentioned the CBO had predicted that in January. bathroommonkey76 Feb 2012 #58
Maybe he was talking about Jan '08 INdemo Feb 2012 #95
Lowest unemployment rate since February 2009. HughBeaumont Feb 2012 #5
Excellent news. nt Nye Bevan Feb 2012 #6
Payroll employment rises 243,000 in January; unemployment rate decreases to 8.3% mahatmakanejeeves Feb 2012 #7
Where can I get that recipe? CAPHAVOC Feb 2012 #19
Except the fine point giveth too - just not so much. U6 down .1% nt dmallind Feb 2012 #49
Everyone else is reporting 243,000 jobs in January. Wonder why the difference in the number(?) Tx4obama Feb 2012 #8
the numbers yesterday sabbat hunter Feb 2012 #12
Perhaps it is the net number of jobs--private sector jobs gained minus government jobs lost. flpoljunkie Feb 2012 #13
It is the net number of jobs created--private sector jobs gained minus public sector jobs lost. flpoljunkie Feb 2012 #16
We are close to full employment. CAPHAVOC Feb 2012 #26
woah there cowboy jschurchin Feb 2012 #34
Sunday Paper Test CAPHAVOC Feb 2012 #40
Not all of them. jschurchin Feb 2012 #45
I meant most of them. CAPHAVOC Feb 2012 #46
If you consider 10 bucks/hr and no benefits jschurchin Feb 2012 #50
True if ya want it to be true? CAPHAVOC Feb 2012 #54
yup... Steerpike Feb 2012 #67
I interviewed this morning at a Chinese-owned company who is gradually "onshoring" in the US Mopar151 Feb 2012 #62
The economy under BHO might be worse for you Mr. Romney, but not for the 99%. Scuba Feb 2012 #9
Employers added 243,000 jobs in January, the Labor Department reported Friday ... Tx4obama Feb 2012 #15
GREAT jobs number! BUT: Labor Force Participation Rate Tumbles To 30-Yr Low Roland99 Feb 2012 #17
You got it. CAPHAVOC Feb 2012 #21
*Every year* will be a new record in labor force dropouts. joshcryer Feb 2012 #83
Well, that's good news. nt Javaman Feb 2012 #18
No matter how you slice it. It's good news. flpoljunkie Feb 2012 #20
Its going to be fun watching folks claim this is actually bad news. JoePhilly Feb 2012 #22
Which "Obama Bad" meme will prevail this time? Liberal_Stalwart71 Feb 2012 #23
Obama loses war on Christmas jpak Feb 2012 #25
I doubt there is much Obama can do about this mess. CAPHAVOC Feb 2012 #31
You know who's gotta be most upset about this news: Donald Chump! Liberal_Stalwart71 Feb 2012 #33
The Chump lives in Romneyworld. CAPHAVOC Feb 2012 #44
Its hard to tell ... my guess is that the Manufactured Outrage Machine is currently ... JoePhilly Feb 2012 #32
It's not news bad or good. The numbers are so cooked, it's not even based in reality. Safetykitten Feb 2012 #30
Woah there kitten jschurchin Feb 2012 #36
It's nowhere near as good as it looks. Dreamer Tatum Feb 2012 #105
Except ... the number you want to use ... JoePhilly Feb 2012 #106
But but but I thought unemployment was supposed to go UP after Xmas!!111 jpak Feb 2012 #24
Numbers almost exactly the same as Dec 11 figures brentspeak Feb 2012 #28
This is Fucking, Fucking, Fucking Bad News!... onehandle Feb 2012 #29
Love the pic of 'Richie Rich Romney!' flpoljunkie Feb 2012 #35
He needs an Ascot. CAPHAVOC Feb 2012 #47
And a change of Depends. Yo_Mama_Been_Loggin Feb 2012 #82
Awsome/hilarious tweet from Think Progress below ... Tx4obama Feb 2012 #37
Damn that socialist Botany Feb 2012 #38
Republicans Robbins Feb 2012 #39
No, the economy is not improving. The news about it is improving. Safetykitten Feb 2012 #42
Well Robbins Feb 2012 #60
Lollll... Reallllly? JonathanBrowne Feb 2012 #80
Unemployment would be at 5% if the republicans had worked w/ Obama .... Botany Feb 2012 #43
Good news tawadi Feb 2012 #41
This doesn't augur well if you're Mitt Romney. Arkana Feb 2012 #48
Congressional Republicans on Jobs Numbers: Don’t Hit Send Yet! Tx4obama Feb 2012 #52
Record Surge In Part Time Workers Roland99 Feb 2012 #53
Hawaii CAPHAVOC Feb 2012 #56
Poor Mitt Boombaby Feb 2012 #55
Great news! The GOPers must be in deep despair. DCBob Feb 2012 #57
Traitorous freepers not liking this one... Kingofalldems Feb 2012 #61
K&R +++ Stellar Feb 2012 #63
Why anyone thinks losing 1.2 million people from the labor force is good is beyond me. former9thward Feb 2012 #64
+1 emilyg Feb 2012 #68
Actually 250K people came back into the work force, what you are talking about was adjustment to the Change Happens Feb 2012 #72
No the adjustment figures are even worse. former9thward Feb 2012 #73
yup it is cooked, but I'll take the "good news" for now Skittles Feb 2012 #78
Around here the momentum is down. No jobs. CAPHAVOC Feb 2012 #86
They count whoever is looking for work - how long for is irrelevant dmallind Feb 2012 #90
I think I found out whats going on here jschurchin Feb 2012 #65
Thanks for tracking that down. nt bananas Feb 2012 #88
Not in the labor force. CAPHAVOC Feb 2012 #96
We need to do a better job on the employment rate. KrazeeKrewe Feb 2012 #66
LOL! tabasco Feb 2012 #87
Another chart of the same data: bhikkhu Feb 2012 #92
WTH??!!?? Kahuna Feb 2012 #97
LOL, and the Consumer Price Index also measures inflation (NOT) just1voice Feb 2012 #69
Oh my, reducing the population rate really does hide the unemployment problem significantly. fasttense Feb 2012 #102
243,000 is close to the 250k per month mark that bayareamike Feb 2012 #70
Headline Number Is Great DallasNE Feb 2012 #71
Rush Limpdick is beside himself in despair and fear! workinclasszero Feb 2012 #74
How delicious! flpoljunkie Feb 2012 #77
You got it. CAPHAVOC Feb 2012 #85
This is putting aside of course the TRUE number of unemployed... tech_smythe Feb 2012 #79
It might be better to use raw numbers. CAPHAVOC Feb 2012 #81
The rawest number might be "total employed" bhikkhu Feb 2012 #93
Ah Dunno. CAPHAVOC Feb 2012 #94
People like something simple that they can say is a "good" number or a "bad" number. tclambert Feb 2012 #100
Oh, and I hear that a lot of the job growth was in manufacturing. tclambert Feb 2012 #101
And it really doesn't make you less unemployed in the U3 either dmallind Feb 2012 #91
K&R!! Number23 Feb 2012 #84
Dow Jumps To A 4-Year High, Nasdaq Surges To An 11-Year High workinclasszero Feb 2012 #89
and if it wasn't for the party of "NO!" - it would be 5 or 6. n/t deacon Feb 2012 #98
Success!!! Al Rowden Feb 2012 #99
No recovery, merely a trend. 12.1% unemployed is the number. fasttense Feb 2012 #103
The U.S. economy created jobs greg2012 Feb 2012 #107
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