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  1. #1
    Taking A Stand!!!

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    Default Unemployment rate hits 8.3 pct. after hiring burst

    And yet ABF is laying off!!!

    Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years.
    Unemployment rate hits 8.3 pct. after hiring burst - CenturyLink™

  2. #2
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    Because the unemployment really isn't 8.3%. More people stopped looking for a job. They don't get counted.
    Last edited by ABFHOG; 02-03-2012 at 03:36 PM.

  3. #3
    Resistance is futile.

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    Quote Originally Posted by ABFHOG View Post
    Because the unemployment really 8.3%. More people stopped looking for a job. They don't get counted.
    I hear that told so much with out any proof that this is a true statement.... Where is the data to support this?

  4. #4
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    Quote Originally Posted by ABFHOG View Post
    Because the unemployment really isn't 8.3%. More people stopped looking for a job. They don't get counted.
    http://blogs.wsj.com/economics/2012/...p-is-for-real/



    http://www.newsmax.com/Headline/chao...2/03/id/428432



    http://www.bls.gov/news.release/empsit.t06.htm

    Now on this link. Pay close attention to the "participation rate" and "not in labor force".

    Participation rate went down, while the not in labor force went up in nearly every category.

  5. #5
    I Am Rocking Now

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    Default Re: Unemployment rate hits 8.3 pct. after hiring burst

    Quote Originally Posted by ABFHOG View Post
    Because the unemployment really isn't 8.3%. More people stopped looking for a job. They don't get counted.
    So you are telling me that they are no longer collecting unemployment?
    That they have given up and are homeless? or are they working under the table, cause they gotta eat something to say alive and to eat something it helps to have cash$$, just more spin from the right.

  6. #6
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    Quote Originally Posted by Sayheykid View Post
    So you are telling me that they are no longer collecting unemployment?
    That they have given up and are homeless? or are they working under the table, cause they gotta eat something to say alive and to eat something it helps to have cash$$, just more spin from the right.
    Who knows how they are surviving. Maybe moved back home with mom and dad. I don't know.
    But the facts from the Labor Department don't lie. And the Department of Labor is neither left wing or right wing. They just collect the data.

  7. #7
    Resistance is futile.

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    HOG you are using that iPhone good.... I will read this later on when I am at the hotel

  8. #8
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    My man Strap just started a thread talking about this.

    Record 1.2 Million People Fall Out Of Labor Force In One Month

  9. #9
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    Quote Originally Posted by Jimmy View Post
    HOG you are using that iPhone good.... I will read this later on when I am at the hotel
    Thanks. I'm at the hotel now.
    Last edited by ABFHOG; 02-03-2012 at 04:57 PM.

  10. #10
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    Santelli, points out what wrong with the job numbers.

    http://video.cnbc.com/gallery/?video=3000071275

 

 
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