Unemployment Rate Facts
POSTED BY: JEWELSTAITEFAN
UPDATED: Saturday, September 5, 2026 13:19
VIEWED: 54220
PAGE 12 of 94
Alright, the posts of Tables that I had under construction are wrapped up now.
For people like 6ix, the data updated for April 2018 should make clear the unemployment is better than any time since U-6 was created in 1994.
The possible exception is the Labor Force Participation Rate, the Actually Fully Employed Rate, and the Not Fully Employed Rate. Those last 2 are better now than any Obamanomics figures, or any since the Rock-The-Vote Democrat Recession.
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I keep forgetting to mention: all of the data among the 4 Tables I posted are compatible with each other. If I was making my own table, all of the data would be included in one Table.
The Tables are only broken up, separated, to be bite-sized, able to fit in this forum, and alongside other pertinent data in the same Table.
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Quote:Also, as a comparative yardstick, the Civilian noninstitutional Population only increased by 175,000 for the month.
Originally posted by JEWELSTAITEFAN:Quote:Umm.
Originally posted by second:
Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate/
There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.
But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.t01.htm
Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.
So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.
March 2018 Employed is reported as155,877.154,877,000.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added469,000471,000 persons which BLS classifies as "Employed" in their report.
That is 471,000 instead of 3,000 more Employed.
March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.
Between these 2 sole figures, a net gain of201,000203,000 can be cyphered out.
The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.
That is 739,000 instead of 239,000 fewer Unemployed.
Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.
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I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
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Quote:
Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
Why do you suppose that is?
Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?
https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html
It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.
Do Right, Be Right. :)
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Quote:Do you still dispute the Unemployment data now is not better than at any time under Obama?
Originally posted by 6IXSTRINGJACK:Quote:Why do you suppose that is?
Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?
https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html
It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.
Do Right, Be Right. :)
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Quote:I kept forgetting to point out, a major factor in the Labor Force dropping 268,000 was due to at least 217,000 being recategorized as Marginally Attached, meaning they all still Want A Job Now but BLS classifies them as being neither Employed nor Unemployed. This is all of a sudden, since the prior month.
Originally posted by JEWELSTAITEFAN:Quote:Also, as a comparative yardstick, the Civilian noninstitutional Population only increased by 175,000 for the month.
Originally posted by JEWELSTAITEFAN:Quote:Umm.
Originally posted by second:
Let’s Not Celebrate the 3.9% Unemployment Rate
www.motherjones.com/kevin-drum/2018/05/lets-not-celebrate-the-3-9-unem
ployment-rate/
There are lots of headlines today that are focused on the headline unemployment rate falling to 3.9 percent. I guess that’s why they call it the headline unemployment rate.
But this month it’s a mirage. The household survey that the BLS uses to calculate the unemployment rate: www.bls.gov/news.release/empsit.t01.htm
Take a look at those numbers in the column "Change from Mar 2018-Apr 2018". The number of unemployed is indeed down by 239,000, but where did they go? Not to the ranks of the employed, which rose by only 3,000. It turns out they left the labor force entirely, which is why the civilian labor force fell by 236,000 even though the total population grew.
So, sure, the unemployment rate is down, but it’s because 236,000 people gave up and quit looking for work — which means they no longer get counted as unemployed. This is bad news, not good.
March 2018 Employed is reported as155,877.154,877,000.
April 2018 Employed is reported as 155,348.
Cypher-savvy observers, not spoon-fed by motherjones surrealism, could Math out that the month added469,000471,000 persons which BLS classifies as "Employed" in their report.
That is 471,000 instead of 3,000 more Employed.
March 2018 Labor Force is reported as 161,548,000.
April 2018 Labor Force is reported as 161,280,000.
Cypher-savvy units can Math out a difference of 268,000.
Between these 2 sole figures, a net gain of201,000203,000 can be cyphered out.
The Unemployed count dropped 739,000. From 6,671,000 to 5,932,000.
That is 739,000 instead of 239,000 fewer Unemployed.
Using the motherjones calculator for your Maths, knowing that they are always wrong, is patently idiotic.
Had MA followed the trend, it would have easily had 1,000,000 less count. Without falsely excluding those from the Labor Force, the LF would have also increased.
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:Do you still dispute the Unemployment data now is not better than at any time under Obama?
Originally posted by 6IXSTRINGJACK:Quote:Why do you suppose that is?
Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?
https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html
It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.
Do Right, Be Right. :)
I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.
Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.
Do Right, Be Right. :)
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Quote:Well, it's also mostly better than any time since 9/11, or better than any time since 1994, when much of the data was created.
Originally posted by 6IXSTRINGJACK:Quote:I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.
Originally posted by JEWELSTAITEFAN:Quote:Do you still dispute the Unemployment data now is not better than at any time under Obama?
Originally posted by 6IXSTRINGJACK:Quote:Why do you suppose that is?
Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?
https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html
It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.
Do Right, Be Right. :)
Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.
Do Right, Be Right. :)
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:Well, it's also mostly better than any time since 9/11, or better than any time since 1994, when much of the data was created.
Originally posted by 6IXSTRINGJACK:Quote:I didn't say it wasn't better. But if we're using the Obama Administration unemployment rate as the goal to beat now, we're not exactly shooting for the stars.
Originally posted by JEWELSTAITEFAN:Quote:Do you still dispute the Unemployment data now is not better than at any time under Obama?
Originally posted by 6IXSTRINGJACK:Quote:Why do you suppose that is?
Originally posted by JEWELSTAITEFAN:
I also see a story that almost 25% of Millennials aged 24-36 live with mom. And it was only 13.5% in 2005.
And another story from August 2013 said that in 2007 Millennials aged 18-31 had 18.5 Million, or 32%, lived with mom & dad. By Aug 2013 that had risen to 21.6 million, or 36%.
Could it be because the unemployment numbers aren't real, and/or the jobs that are available now pay shit compared to what they used to?
https://www.thecut.com/2017/04/so-many-millennials-are-living-at-home-
but-arent-burnouts.html
It's gotten so bad that we're not only making excuses for them, but we're actually praising how "savvy" they are for leaching off their parents well into their 30's.
Do Right, Be Right. :)
Besides that, wages have been stagnant for going on 20 years now. Meanwhile, we're losing earnings every year to inflation. This means that everybody that still isn't unemployed or underemployed is making a lot less than they did in the late 90's/early 2000's.
Do Right, Be Right. :)
I'd possibly buy that it might be better than after 9/11. No way I'm buying that it's better since before the dot.com crash though.
There might be more shitty jobs now, but they don't pay the bills. Just drawing a paycheck doesn't mean anything when half the country makes as little as I do now or even less. Oh well. At least the house is paid for.
Do Right, Be Right. :)
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