Depends on what you meant by "The continued low employment problem is Obama's." Have the Republicans been powerless since '08?
Piezoe's Queen opens her mouth - proves she deserves Fed Chair
- Thread starter Tsing Tao
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Depends on what you meant by "The continued low employment problem is Obama's." Have the Republicans been powerless since '08?
Atleast they arent introducing bills that actually hurt employment like O"bama, if you look through his laundry list of accomplishments it is 1 job crusher after another.
Obamacare
Dodd Frank
Onerous new regulations from the EPA
Dismantling of the coal industry
Raised Taxes
Yeah, under their keynesian policy the 1% have never had it better, the disconnect between wall street and main street has never been worse.
Main Street wages actually going down, as the stock market goes straight up, those dems sure care about the little guy.
" Civilian noninstitutional population: Persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.
" Civilian labor force: All persons in the civilian noninstitutional population classified as either employed or unemployed.
" Employed persons: All persons who, during the reference week (week including the twelfth day of the month), (a) did any work as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of their family, or (b) were not working but who had jobs from which they were temporarily absent. Each employed person is counted only once, even if he or she holds more than one job.
" Unemployed persons: All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4 week-period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed."
LFPR = (Employed persons + Unemployed persons)/
Civilian noninstitutional population
I was wrong to say a person who retires is added to the denominator, they're not: so long as they're not institutionalized they a part of it from age 16.
" Civilian labor force: All persons in the civilian noninstitutional population classified as either employed or unemployed.
" Employed persons: All persons who, during the reference week (week including the twelfth day of the month), (a) did any work as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of their family, or (b) were not working but who had jobs from which they were temporarily absent. Each employed person is counted only once, even if he or she holds more than one job.
" Unemployed persons: All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4 week-period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed."
LFPR = (Employed persons + Unemployed persons)/
Civilian noninstitutional population
I was wrong to say a person who retires is added to the denominator, they're not: so long as they're not institutionalized they a part of it from age 16.
Yes. Apart from giving Obama a blank check to spend, pretty much.
This is correct, as they are part of the total population (ex-institutions) that the number represents.
Anyone remember this? 
...the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009
http://www.aei-ideas.org/2012/09/a-...st-most-important-chart-in-american-politics/
...the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009
http://www.aei-ideas.org/2012/09/a-...st-most-important-chart-in-american-politics/
Anyone remember this?
...the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009
http://www.aei-ideas.org/2012/09/a-...st-most-important-chart-in-american-politics/
Awesome. That's what I was referring to when I was laughing about the whole "jobs saved and/or created" horseshit.