Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Media does 180 degrees on jobs "numbers" from yesterday ??

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:20 AM
Original message
Media does 180 degrees on jobs "numbers" from yesterday ??
I just heard a report on MSNBC and the reporter stated that "although the unemployment numbers were up slightly, there is hope that the job numbers are starting to turn around.." (paraphrasing) but that was the gist of her words. Isn't that somewhat different from the glowing reports from yesterday?
Printer Friendly | Permalink |  | Top
LittleApple81 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:23 AM
Response to Original message
1. Yeah... now, was this just a little note on the ticker that nobody
reads? That way they can cleanse themselves of responsibility for spreading yesterday's lies in 100 POINT FONT AND HAPPY SCREAMS.
Printer Friendly | Permalink |  | Top
 
i_c_a_White_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:23 AM
Response to Original message
2. I wonder
Printer Friendly | Permalink |  | Top
 
troublemaker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:25 AM
Response to Original message
3. All part-time Jobs!
Edited on Sat Apr-03-04 11:25 AM by troublemaker
Printer Friendly | Permalink |  | Top
 
Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:29 AM
Response to Reply #3
4. Right
So after the headlines have played out, they can revise that number downward by discounting the part-time jobs, and thus show another "big gain" next time around.
Printer Friendly | Permalink |  | Top
 
livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:34 AM
Response to Original message
5. The media should interview an "expert"
on the real job numbers. For example, the rise in the unemployment percentage is the number of persons collecting unemployment benefits. I actually heard some "expert" state that the rate went up because people are looking for jobs again after being out of the market. This is not so. The jobless number is only representative of those persons actually collecting an unemployment check. No one is counting the number of persons whose benefits have expired.
Printer Friendly | Permalink |  | Top
 
underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:38 AM
Response to Original message
6. 71,000 (23%) were the grocery workers in Cali going BACK to work


"New" jobs huh?

These numbers not only don't add up but such a huge spike is outside of the realm of probability. Notice how many times you heard/will hear about the "new jobs created" but unemployment went UP .1% so there was net a loss. Also as they talk about how ~1/2 million jobs have been created in the quarter that still falls short of the 250-300K needed per month to meet W's economic report estimate of 2.6 million jobs being created this year. This is complete crap but it is being cemented as fact in the minds of many.



Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 11:42 AM
Response to Reply #6
7. ...and 90% of the others were part-time?
Edited on Sat Apr-03-04 12:17 PM by kentuck
Now it's starting to add up.... Or does it???? You have to check everything twice when these people say something. Too bad the corporate media reports everything they are told by this Administration as "factual".

(edited for clarification)
Printer Friendly | Permalink |  | Top
 
underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:01 PM
Response to Reply #7
8. Actually I don't think THAT adds up
The part about the 71K grocery workers new-old jobs was in the original news report yesterday. This report (above) accounts for 90% on it's own, either there are conflicting analysis (could be) or between just these two 113% of the 308,000 are accounted for. Sounds to me the had a number they CREATED that was too high so they trimmed it down....much like pricing at Walmart-they introduced things not being priced at $__.99 but parsing it down to odd figures such as $__.84 and $__.38 and so forth.

The more I am looking into this the more that seems to be the true story. They had to knock the number down to something that didn't set off red flags as being too huge but wanted it over 300K so 308 was decided on, it sells.
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:12 PM
Response to Reply #8
11. It doesn't add up....
I like your Walmart analogy... Makes more sense than anything I have heard thus far..
Printer Friendly | Permalink |  | Top
 
underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:14 PM
Response to Reply #11
12. Much like the Medicare number
Thanks I just came up with that. Amazing what coffee will do.
Printer Friendly | Permalink |  | Top
 
kiahzero Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:46 PM
Response to Reply #8
15. Simpler explaination: Overlapping sets
If some of the 71K grocery workers are also part time, they would be doublecounted.

To get the 308,000 number from both, assuming those are the only two sets, you would do:

300,000 + 71,000 - (Intersection of both) = 308,000

Solving for the intersection, we get that 63,000 of the 71,000 are part-time employees... this makes sense, given the type of work we're talking about.
Printer Friendly | Permalink |  | Top
 
underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 08:44 AM
Response to Reply #15
18. Yes the would explain it + some people will >2 part-time jobs
The old joke during the Clinton era was:

"You Clinton has created X million new jobs"
"Yeah I know I have 3 of them"

It is probably still a bit true.
Printer Friendly | Permalink |  | Top
 
stopbush Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:18 PM
Response to Reply #6
13. Plus, many of the non-union scabs who took the place of those
unionized workers probably didn't qualify for unemployment benefits.

Let's see, what will happen next to allow bush to hit the trifecta on this one?
Printer Friendly | Permalink |  | Top
 
No Mandate Here. Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 10:08 AM
Response to Reply #6
20. Not to mention...
that ALL of the temp workers who replaced the grocery strikers were laid off.
Printer Friendly | Permalink |  | Top
 
MetaTrope Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:04 PM
Response to Original message
9. Hello, yesterday was Friday, welcome to the weekend news
:boring:
Printer Friendly | Permalink |  | Top
 
susu369 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:07 PM
Response to Original message
10. Bu$h* delivers magic
(with the help of Gawd who speaks to him) the economy is on the upswing.

Yeah, and I can't wait for the Easter Bunny to appear either.

/sarcasm
Printer Friendly | Permalink |  | Top
 
Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 12:19 PM
Response to Original message
14. Kerry gave the chimp a little pat on the back for the new jobs....
Instead of dissecting the work of ChimpCo's spin-surgeons.

The Kerry campaign should be de-bunking this shit as soon as it is released. Maybe Nader could be his spokesman.

This administration is self-destructing. The truth is finally emerging and they are going down. Kerry needs to start throwing some blows to get these guys lined up for the knockout punch.
Printer Friendly | Permalink |  | Top
 
ex_jew Donating Member (627 posts) Send PM | Profile | Ignore Sat Apr-03-04 12:54 PM
Response to Reply #14
16. I'd be very careful about pointing out economic bad news
You have to be sure that you aren't seen as hoping for the worst. Instead, Kerry could congratulate those who found work, EVEN if it is only part-time.
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-04 01:07 PM
Response to Reply #16
17. But we want the economic numbers to be true....
Don't we? And should we point out the discrepancies when we see them?
Printer Friendly | Permalink |  | Top
 
skeptic9 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 10:05 AM
Response to Original message
19. Here are the official seasonally-adjusted numbers,...
... from http://www.bls.gov/news.release/pdf/empsit.pdf

They tell an especially ambiguous story this month.

These numbers are spun EVERY month. Whenever the two separate sources of labor market data (household surveys and establishment data) diverge in their findings, we're completely inside a spin zone.

Notice how the household survey shows a DECLINE of 3,000 jobs from Feb to Mar! How many media spinners mentioned THAT?

Table A. Major indicators of labor market activity, seasonally adjusted (Numbers in thousands)
......................................Feb......... Mar........... change

HOUSEHOLD DATA Labor force status
Civilian labor force...........146,471....146,650......179
Employment......................138,301.....138,298....... -3
Unemployment....................8,170.........8,352.....182

ESTABLISHMENT DATA
Nonfarm employment.......... p130,240.. p130,548......p308
Average hourly earnings............p$15.52....p$15.54....p$0.02
Average weekly earnings...........p524.58....p523.70.....p -.88

p=preliminary


HOUSEHOLD DATA
Table A-5. Employed persons by class of worker and part-time status (In thousands) Seasonally adjusted
............................................................Feb. 2004..Mar. 2004
PERSONS AT WORK PART TIME
All industries
Part time for economic reasons ........... 4,437 ..... 4,733
Slack work or business conditions ...... 2,865 ..... 3,011
Could only find part-time work ........... 1,347 ..... 1,427
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat May 04th 2024, 07:58 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC