Unemployment is now at 9.1% and thats what they will report on Friday

Also, you can eliminate the whole seasonal adjustment nonsense simply by looking at the percent change year over year in the non seasonally adjusted number, since if you do this you're always comparing apples to apples.

Did it here, for total private employment: http://research.stlouisfed.org/fred2/graph/?id=CEU0500000001

Data from that graph below, starting in Aug 2010, when it went above zero. Notice the steady improvement right up into this report.

Code:
2010-08-01	0.1
2010-09-01	0.3
2010-10-01	0.7
2010-11-01	0.9
2010-12-01	1.2
2011-01-01	1.2
2011-02-01	1.6
2011-03-01	1.7
2011-04-01	1.8
2011-05-01	1.8
2011-06-01	1.9
2011-07-01	1.8
2011-08-01	1.8
2011-09-01	1.9
2011-10-01	1.8
2011-11-01	1.8
2011-12-01	1.9
2012-01-01	2.1
2012-02-01	2.1
 
Quote from blowingup2012:

My numbers were right but the governments numbers were outright lies. How do popular polling firms with sample sizes over 30000 get it wrong...thats simple...the government numbers are lies.

Uh no. Did you forget that your 8.3% figure was hush-hushed to Buffett? How do you reconcile that, Hon?
 
Its not private employment its government employment which is troubling. Usually recessions follow when government employment is down.


Quote from trefoil:

Also, you can eliminate the whole seasonal adjustment nonsense simply by looking at the percent change year over year in the non seasonally adjusted number, since if you do this you're always comparing apples to apples.

Did it here, for total private employment: http://research.stlouisfed.org/fred2/graph/?id=CEU0500000001

Data from that graph below, starting in Aug 2010, when it went above zero. Notice the steady improvement right up into this report.

Code:
2010-08-01	0.1
2010-09-01	0.3
2010-10-01	0.7
2010-11-01	0.9
2010-12-01	1.2
2011-01-01	1.2
2011-02-01	1.6
2011-03-01	1.7
2011-04-01	1.8
2011-05-01	1.8
2011-06-01	1.9
2011-07-01	1.8
2011-08-01	1.8
2011-09-01	1.9
2011-10-01	1.8
2011-11-01	1.8
2011-12-01	1.9
2012-01-01	2.1
2012-02-01	2.1
 
Quote from blowingup2012:

Its not private employment its government employment which is troubling. Usually recessions follow when government employment is down.

Data, please.
 
blowing up, 18 posts ago you made a thread where you said it was your first and last post.

What the hell are you doing here? Are you really a shill account? I didn't think you were nodoji but now you're acting like it.......get on your real account, whatever it is, or stop making a ass or your self.
 
Quote from tenthousandmen:

blowing up, 18 posts ago you made a thread where you said it was your first and last post.

What the hell are you doing here? Are you really a shill account? I didn't think you were nodoji but now you're acting like it.......get on your real account, whatever it is, or stop making a ass or your self.

She's too busy spinning yarn into gold... or CL as it may be. Even AH on a Friday.
 
There are 242 million working-age Americans and only 142 million of them are working. The number of Americans not in the labor force is at an all-time high. There are roughly six million fewer people employed today than in 2007.

With enough slicing/dicing, massaging and manipulation, can you dream up an unemployment rate of 8.3%? Will it fool the innumerate, gov't apologists and "true believers?" Sure. Does is mean anything? No. "Polyanna Creep" has been going on for years, and comparisons of employment data today to that of decades ago is meaningless.

http://www.mindfully.org/Reform/2008/Pollyanna-Creep-Economy1may08.htm
 
Quote from MKTrader:

There are 242 million working-age Americans and only 142 million of them are working. The number of Americans not in the labor force is at an all-time high. There are roughly six million fewer people employed today than in 2007.

With enough slicing/dicing, massaging and manipulation, can you dream up an unemployment rate of 8.3%? Will it fool the innumerate, gov't apologists and "true believers?" Sure. Does is mean anything? No. "Polyanna Creep" has been going on for years, and comparisons of employment data today to that of decades ago is meaningless.

http://www.mindfully.org/Reform/2008/Pollyanna-Creep-Economy1may08.htm

How long do you think America has been in decline?
 
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