General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYa know I'm beginning to think these job numbers and wages
are complete BS.
Ohiogal
(32,006 posts)Almost everyone I know is struggling to pay their bills.
dewsgirl
(14,961 posts)Newest Reality
(12,712 posts)Same here.
Some I know of are really on the edge and that only started in the last couple of years for them. They are precariously experiencing a rendezvous with poverty.
Me, I am already down the chute and in the bin, so I am used to it.
Response to dewsgirl (Original post)
Kingofalldems This message was self-deleted by its author.
PoiBoy
(1,542 posts)...hiring for the holiday season I would think...
secondwind
(16,903 posts)former9thward
(32,023 posts)And they know companies hire temporary holiday help. So they take that into account and seasonally adjust the numbers. It is right there in the report. They do it every year in every administration. So that is not the reason.
Maribelle
(4,783 posts)the largest revision in over a decade. The largest revision since before we had a Democratic president. Funny this.
https://www.usatoday.com/story/money/2019/08/21/jobs-u-s-employment-501-000-lower-than-believed-after-revisions/2076069001
Is the Labor Department corrupt in favor of Trump? Is the Pope Catholic?
UCmeNdc
(9,600 posts)Why not fudge the numbers?????
He lies about everything.
Thanks Trump!!!!!
Zero credibility.
dewsgirl
(14,961 posts)old numbers and bullshit their way into a report..
I was laid off in August and I have been applying, on average, for five jobs a week to comply with unemployment, and am still unemployed. 19 years of experience, willing to take a payout, nothing. And I live in a hot job market: Denver.
True_Blue
(3,063 posts)of all the baby boomers retiring. The unemployment numbers should continue getting lower as more & more baby boomers retire.
'The latest drop in the unemployment rate was for the wrong reason'
https://www.marketwatch.com/story/the-latest-drop-in-the-unemployment-rate-was-for-the-wrong-reason-2019-05-03
"The most likely cause is rapid retirement of baby boomers, whose ranks are dwindling faster than the number of younger people entering the labor force. "
Midnight Writer
(21,768 posts)Hiring Census takers would boost the job numbers, no?
dewsgirl
(14,961 posts)Skidmore
(37,364 posts)if they aren't being manipulated .
dewsgirl
(14,961 posts)will learn a tons, that will shock even us.
stillcool
(32,626 posts)nothing is impossible with this criminal enterprise. Some people are getting very, very, rich.
Captain Stern
(2,201 posts)But I don't have any reason to distrust the job numbers, at least as far as the unemployment rate goes.
For years, while Obama was President, and the unemployment rate was dropping rapidly.....many republicans said those weren't the 'real' unemployment numbers.
They were real then, and they are real now.
Our unemployment rate is really low now, and that's good. But, it's not because of anything trump has done.
spinbaby
(15,090 posts)Decent jobs is another matter.
dewsgirl
(14,961 posts)FormerOstrich
(2,702 posts)by how decked out my neighborhood was with all kinds of what I assumed was some high-dollar decorations.
Its still too early and the weather not as great but I think it is much more toned down and subdued. The dogs and I will continue our nightly check-on-the-strength-of-economy-by-holiday-decorations.
Actually, the dogs said we should probably evaluate a couple of additional neighborhoods, too. Year-round. Twice a day, maybe three.
dewsgirl
(14,961 posts)sagesnow
(2,824 posts)your Daily Dog Marker Watch! Woo Hoo!
ck4829
(35,077 posts)Farmer-Rick
(10,185 posts)And yet the RepubliCON Great recession had started a year ago.
It wasn't until 2008 that the numbers drastically dropped. And then everyone got fired left and right and 18 months later everyone was still unemployed
I think the flaw is not just because of Dumpy Trumpy, the flaw is in the statistical system that hides the failing economy and unemployment until the bitter end.
Its predictive value is lucky to be 30 days, and that maybe only because how often the numbers are posted. If the numbers are good today, that does NOT mean the numbers will be good tomorrow. They can suddenly drop and everyone could lose their sales clerk jobs today with no warning.
Wellstone ruled
(34,661 posts)the number of paychecks they cut. BTW,ADP only represents about 20% of all Business's in the USA. This Data is added to a Algorithm that was created some years ago. Two things were added this last month,something about how family households are counted as full time workers. Another dealing with people not in the labor market. Have not had a chance to do any back ground on these new Table changes.
Trump said from day one he would juice the Payroll numbers to suit his own desire.