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News & ArtsFriday, January 6, 2012
City Week in Review
Posted by Eli Sanders on Fri, Jan 6, 2012 at 9:07 AM
- The White House
- The unemployment rate dropped to 8.5 percent as 200,000 were added in December.
The new jobs numbers, the governor's late conversion on gay marriage, the state's failure to meet its "paramount duty" to fund education, and Iowa's embrace of Santorum—we'll be getting into all of that, plus taking your calls, this morning on Weekday.
That's 94.9 FM starting at 10 a.m.
1
way to cherry pick your numbers, asshole.
add governemnt figures....
more importantly, this only counts people still looking.
Millions have given up on the Obummer economy.
if you applied the number of out-of-work Americans to the number in the workforce when Obummer took office the actual unemployment rate is over 12%
add governemnt figures....
more importantly, this only counts people still looking.
Millions have given up on the Obummer economy.
if you applied the number of out-of-work Americans to the number in the workforce when Obummer took office the actual unemployment rate is over 12%
2
I think it would be awesome if all anonymous trolls got tracked by IP number and assigned a hashed unique number, like "Anonymous #000000100", where 000000100 = their IP. That way we can see how many of these clowns are all the same person.
5
Wow!
Barack Obama leaves things only slightly less worse than he made them.
In today's infantile adult world, where failure equals genius, he gets a gold star on his forehead!
Barack Obama leaves things only slightly less worse than he made them.
In today's infantile adult world, where failure equals genius, he gets a gold star on his forehead!
6
The BLS released some other stats today that show the group who have given up looking for work has shrunk and the total number of people employed in the economy is pretty close to where it was when the recession began. It looks like private sector wages also increased slightly last year (though not nearly enough, that's reflective of an overabundance of labor...if the labor market continues to tighten, companies will start paying more to attract decent workers). All of the numbers are looking much better these days. It's going to be a slow recovery, but at least it appears to be becoming steady. I was really scared about the long-term prospects for the economy there for a while, but if we continue to see this kind of growth, the stock market starts to edge back up (which may push some boomers into retirement as their portfolios become healthier, opening jobs for others), and can get to a point where GOOD labor is a little harder to find, things might just right themselves.
7
@2 except that would mask it, since discrete IP in the IPv4 numbering system incorrectly reports masking subsets like Comcast which share net ranges. Statistical analysis would not work. In fact, many IPv6 subnets use a translation bridge to pop out IPv4 at the broadcast end, so you'd get really bizarre results.
9
@5: Keep forgetting what happened before January 09. Things are objectively much better now than The Worst President Ever left them.
All your ilk have left is an argument that things would somehow have recovered more quickly under a hypothetical McCain Presidency. Because why - corporations wouldn't be sitting on so much cash just out of spite?
All your ilk have left is an argument that things would somehow have recovered more quickly under a hypothetical McCain Presidency. Because why - corporations wouldn't be sitting on so much cash just out of spite?
10
@9 (and also Bailo @5):
The rate of decrease in employment kept on getting worse and worse throughout 2008. The very worst month on the chart is January 2009.
Gee, I wonder what else happened in January 2009...
Since the nadir in January 2009, the picture started reversing itself. It took a few months to gear up, but the stimulus package (passed in February 2009) played a large part in getting things back on track. Note the huge difference between May and June 2009. By the start of the second quarter of 2010, change in employment was back in positive territory, where it has remained ever since.
It still isn't anywhere close to a booming economy, and the trend was quite variable in 2011. But despite Bailo's outright falsehood, the tourniquet was applied to staunch the bleeding the moment President Obama took office. The long road of treatment and rehabilitation started then, and it has continued ever since.
So yes, Bailo, it's all Obama's fault. The data prove it.
(By "it", of course, I mean pulling our economy out of the hellhole it was careening into under the epic ineptitude that was George W. Bush.)
The rate of decrease in employment kept on getting worse and worse throughout 2008. The very worst month on the chart is January 2009.
Gee, I wonder what else happened in January 2009...
Since the nadir in January 2009, the picture started reversing itself. It took a few months to gear up, but the stimulus package (passed in February 2009) played a large part in getting things back on track. Note the huge difference between May and June 2009. By the start of the second quarter of 2010, change in employment was back in positive territory, where it has remained ever since.
It still isn't anywhere close to a booming economy, and the trend was quite variable in 2011. But despite Bailo's outright falsehood, the tourniquet was applied to staunch the bleeding the moment President Obama took office. The long road of treatment and rehabilitation started then, and it has continued ever since.
So yes, Bailo, it's all Obama's fault. The data prove it.
(By "it", of course, I mean pulling our economy out of the hellhole it was careening into under the epic ineptitude that was George W. Bush.)
11
@1: The graph is not of unemployment rates. The graph is of job numbers, and it clearly shows that jobs have been consistently created for about two whole years.
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