This page has been archived and commenting is disabled.
Labor Force Participation Rate Drops To 25 Year Low, At 64.5%
The inverse silver lining to today's jobs report that will be lost in the shuffle of what is perceived as a good NFP (despite consistent initial jobless claims of around 450K, which means that either there is a massive data error, or the rate of job creation has somehow surged) is that labor force participation has now dropped to the lowest rate it has been since 1984, at 64.5%. Assuming a reversion to the long-term average participation rate of 66%, means that the civilian labor force is in reality 157.4 million as opposed to the disclosed 153.9 million, a delta of 3.5 million currently unaccounted for. Maybe someone can ask the president during his imminent press conference what happened to the unemployed population, which would have been 18.3 if this labor force delta was incorporated, resulting in an unemployment rate of 11.6%.
»
- 21578 reads
- Printer-friendly version
- Send to friend
- advertisements -
You know, I watched CNBC for several minutes yesterday to see if there was any mention of revision to last weeks claims figures. Nary a mention, only that things were marginally worse this week versus last. Seems you only get journalism in the so-called fringe media. Keep up the good work.
You watched CNBC? Were you trapped with your eyes forced open like in the movie a Clockwork Orange?
http://4.bp.blogspot.com/_ZZnB84sd9f4/SxLwE34kH_I/AAAAAAAAA_0/eVlzW4OdaqM/s400/A+Clockwork+Orange+1971.jpg
http://www.trutv.com/library/crime/criminal_mind/forensics/americas_miss... :)
"Reports of missing persons have increased sixfold in the past 25 years, from roughly 150,000 in 1980 to about 900,000 this year."
"massive data error":>
Look at our primary dealer friends RBS.
When they have to use some form of Normal accounting rules... (Near $2b loss.)
After restructuring costs, amortisation of intangibles and a £825 million charge related to the Asset Protection Scheme (APS), the Group recorded a loss before tax of £1,379 million, compared with a profit of £1,157 million in the second quarter and a loss of £2,077 million in the third quarter of 2009. RBS is required to account for APS as a credit derivative, and movements in the fair value of the contract are taken as non-operating items ....Accounting (non-cash) volatility in fair value of own debt and APS costs is likely to continue. "
The chocolate ration has increased to 20 grams this week! Of course, please forget that last week it was 30 grams...that was an error.
The drip drip drip of Chinese water is very effective. Before you know it, while it may appear to be just some water, to you it's a 20 lb sledge hammer.
Managing perceptions and expectations is all part of the control system techniques used to pacify and satisfy. Always remember that everyone loves to be flattered and to be correct. Combine the two and you have a passive and happy slave work force.
As long as you give me a reason to be happy in my misery, I won't revolt.
People, jobs, earnings, all are totally irrelevant, as long as the banksters can make money that is the only thing that matters and the more money they get from the fed the fatter they become and poor die of starvation
Size of civilian labor force decreased by 250,000.
Not in Labor Force increased by 462,000.
Participation rate at 25 yr low....
...says it all.
Employment fell 300, pop grew 300, welfare added 538. The self employed are gone lol
Meanwhile, Iran's Press TV reported that a very large contingent of US ground forces had massed in Azerbaijan, near the Iranian border. The independent Azerbaijani news website Trend confirmed the report. Catalytic Converter
Lazy bastards....
again, it's not the news, but the reaction to the news that counts....A stronger dollar has traders on edge here, imo.
banks are green again, so it will be a good friday
great point TD..soon we will have +300k numbers on exactly 450k weekly claims..if you buy it that is.:))
This story was linked off Drudge. Nice.
How embarrassing! Must be a slow news day in Hollywood.
And I was just starting to feel all safe and warm tucked into the govermetal womb, being fed by the Fed bankster's umbilical cord.
Now you tell me it is really a parasitic scam sucking the life-bloood out of the middle class and their children. What a buzz kill. Who would've known?
Can you spell 'FARCE!' ?
If you spelled it "US Federal Government", then you win a prize! ('Federal Reserve System' wins you a prize, too)
Must not let UE exceed 10%!
Find a way to make it so!
And it is so!
Too bad for the lost souls of the minions. You have been "retired" from the government's considerations. And you will never be readmitted.
I suppose if you are unemployeed and a liability and not paying taxes THEN you must not exist!
Can't think of a better way for a truly underground economy to blosom.
When do we get to the Soylent Green part?
Too bad this will no doubt be missed as "news." It would behoove us to keep up a drum beat on this little statistical convenience.
There are lies, damn lies then there are statistics. -Mark Twain
Interesting chart relevant to this article...
US Labor Force Participation Rate
Welcome to our website-- http://www.ugghots.com , we are making the promotion for many uggs now.Here is a chance for you that you want to buy good ugg classic boots by cheap price.At present our hot sale snow boots has :
| UGG Delaine Boots
| UGG Gaviota Boots
| UGG Gissella Boots
| UGG Evera Shoes
| UGG Upside Boots
The drip drip drip of Chinese water is very effective. Before you know it, while it may appear to be just some water, to you it's a 20 lb sledge hammer.
Managing perceptions and expectations is all part of the control system techniques used to pacify and satisfy. Always remember that everyone loves to be flattered and to be correct. Combine the two and you have a passive and happy slave work force.
As long as you give me a reason to be happy in my misery, I won't revolt.
Nice approach,
rado watches|PMI-001|HP0-S27|thomas sabo
The drip drip drip of Chinese water is very effective. Before you know it, while it may appear to be just some water, to you it's a 20 lb sledge hammer.Managing perceptions and expectations is all part of the control system techniques used to pacify and satisfy. Always remember that everyone loves to be flattered and to be correct. Combine the two and you have a passive and happy slave work force.ccnp practice exam - ccnp security practice exam - ccnp voice practice exam - ccnp wireless practice exam - ccsp practice exam - cisco practice exam
test king - cissp practice exam - citrix practice exam - comptia practice exam - crm practice exam - cwna practice exam
Just because the sheeple are revolting doesn´t mean they will EVER revolt I have given up hope--too stupid, too brainwashed, and oo dependant on a broken system Eventually they will line up nice and docil--to go into the Fema campstestking NS0-154 testking 1z0-050 testking 1z0-051 testking 1z0-052 testking 1z0-053 testking 1z0-515 testking 1z0-536 testking PMI-001
test king
supply and demand curves would indicate a materially lower equilibrium price. This is ironic, as proper price discovery is critical for a true recovery, since Americans realize all too well that buying a house at prevailing levels in advance of the second down-legPass4sure 642-446
Pass4sure 156-215.70
Pass4sure 312-50
Pass4sure 642-617
F50-531
C-TADM51-70
640-864
Pass4sure 650-177
Pass4sure 642-627
642-647
Pass4sure 642-165
Pass4sure 642-067
1z0-051
supply and demand curves would indicate a materially lower equilibrium price. This is ironic, as proper price discovery is critical for a true recoveryPass4sure 642-974 \ Pass4sure 642-446 \ 156-215.70 \ Pass4sure 312-50 \ Pass4sure 642-617 \ Pass4sure F50-531 \ Pass4sure C-TADM51-70 \ Pass4sure 640-864 \ Pass4sure 650-177 \ Pass4sure 642-627 \ Pass4sure 642-647 \ Pass4sure 642-165
supply and demand curves would indicate a materially lower equilibrium price. This is ironic, as proper price discovery is critical for a true recove server+ exam questions
sscp exam questions
vmware exam questions
sun exam questions
scjp exam questions
scwcd exam questions
scbcd exam questions
scmad exam questions
scjd exam questions
Pass4sure 640-802
Pass4sure 350-001
pass4sure
Since the 1960s, meditation has been the focus of increasing scientific research of uneven rigor and quality In over 1,000 published research studies, various methods of meditation have been linked to changes in metabolism, blood pressure, brain activation, and other bodily processes 70-401 dumps/646-656 dumps/352-001 dumps/HP0-Y31 dumps/SK0-003 dumps/156-915.71 dumps/642-627 dumps/70-511 dumps/642-481 dumps/BH0-006 dumps