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CR will be unhappy with you for cooking the books.
Yes you read that right. That's 30 years, not 3, not 30 months. 30 YEARS.
Think there isn't political bullshit going on at the BLS to make it look like the unemployment rate is dropping? 1.2 Million drop out in 1 month?
Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low
Tyler Durden's picture
Submitted by Tyler Durden on 02/03/2012 08:51 -0500
A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.
http://www.zerohedge.com/news/record...-rate-tumbles-
Originally Posted by Cyclown Ranger
CR will be unhappy with you for cooking the books.
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I WILL NOT INSULT YOUR INTELLIGENCE BUT YOUR LACK OF INTELLECT IS FAIR GAME
Remember the axiom of big government bureaucrats: If it moves, tax it. If it keeps moving, regulate it. When, finally, under the crushing weight of taxes and regulation, it stops moving, subsidize it. Going Postal
^Evidence?
We have to wait for CR's response.
I WILL NOT INSULT YOUR INTELLIGENCE BUT YOUR LACK OF INTELLECT IS FAIR GAME
Remember the axiom of big government bureaucrats: If it moves, tax it. If it keeps moving, regulate it. When, finally, under the crushing weight of taxes and regulation, it stops moving, subsidize it. Going Postal
We already know what he's going to say. He's going to contend that the people who left the work force didn't really need jobs anyway because they're being supported by their girlfriends, or some such.
http://www.discussanything.com/forum...=1#post2252124
The ambassador died, Obama lied.
Is that a slam against Ganja?
I WILL NOT INSULT YOUR INTELLIGENCE BUT YOUR LACK OF INTELLECT IS FAIR GAME
Remember the axiom of big government bureaucrats: If it moves, tax it. If it keeps moving, regulate it. When, finally, under the crushing weight of taxes and regulation, it stops moving, subsidize it. Going Postal
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