Category Archives: Employment

Obama lies don’t add up, Real unemployment rate, CBO forcasts over 8 percent through 2013, 12.8 million unemployed, 43 percent jobless more than six months

Posted on February 10, 2012 | 92 comments

Obama lies don’t add up, Real unemployment rate, CBO forcasts over 8 percent through 2013, 12.8 million unemployed, 43 percent jobless more than six months

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

“As soon as all the corrections which happened to be necessary in any partiucular number of the Times had been assembled and collated, that number would be reprinted, the original copy destroyed, and the corrected copy placed on the files in it’s stead. This process of continuation alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leaflets, films, sound tracks, cartoons, photographs–to every kind of literature or documentation which might conceivably hold any political or ideological significance. Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by the Party could be shown by documentary evidence to be correct; nor was any item of news, or expression of opinion, which conflicted with the needs of the moment, ever allowed to be on record.”…George Orwell, “1984″ 

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

From the CBO January 2012.
“THE ECONOMIC OUTLOOK

In part because of the dampening effect of the higher tax rates and curbs on spending scheduled to occur this year and next, CBO expects that the economy will continue to recover slowly, with real GDP growing by 2.0 percent this year and 1.1 percent next year (as measured by the change from the fourth quarter of the previous calendar year). CBO expects economic activity to quicken after 2013 but to remain below the economy’s potential until 2018.

In CBO’s forecast, the unemployment rate remains above 8 percent both this year and next, a consequence of continued weakness in demand for goods and services. As economic growth picks up after 2013, the unemployment rate will gradually decline to around 7 percent by the end of 2015, before dropping to near 5½ percent by the end of 2017.”

http://www.cbo.gov/doc.cfm?index=12699

From Ezra Klein of the Washington Post February 1, 2012.

“Is the ‘real’ unemployment rate stuck?”
Back in December, the Financial Times’s Ed Luce estimated that “if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.” Perhaps, many of us wrote at the time, that should be considered the “real” unemployment rate.

Today, Cardiff Garcia notes an unsettling chart from Nomura that compares the unemployment rate we have, where people can drop out of the labor force and thus out of the numbers, to this “real” unemployment rate, where discouraged workers aren’t dropped from the rolls. Worryingly, it’s barely moved:”

“What is striking about the broken line above isn’t where it now ends — at 10.3 per cent — but rather the lack of any meaningful, sustained improvement for more than two years,” comments Garcia. “This alternative measure has remained above 10 percent since September 2009, and aside from a bit of skittishness (some of which is down to uncaptured seasonality) has mostly just moved sideways.”

http://www.washingtonpost.com/blogs/ezra-klein/post/is-the-real-unemployment-rate-stuck/2011/08/25/gIQAVyiTiQ_blog.html

From Cal Thomas February 08, 2012.

“The Obama administration is touting the latest unemployment numbers released last week”

“The Obama administration is touting the latest unemployment numbers released last week by the U.S. Department of Labor as proof its policies are working. But a closer look at the actual number of able-bodied people who are willing to work, but do not, reveals a different picture.

As economist John R. Lott has written, not only is the drop in the unemployment rate from 8.5 percent to 8.3 percent still half a percentage point higher than when President Obama took office three years ago, the number of unemployed is also higher. Compared with January 2009 when 11.6 million Americans were jobless, today, writes Lott, “there are 12.8 million unemployed and 43 percent have been out of a job for more than six months. The average length of unemployment has increased dramatically since the recovery started. Back in June 2009, ‘only’ 29 percent of the unemployed had been unemployed longer than six months.”

The way government counts things, slower growth in government spending amounts to a cut. In a similar, misleading fashion, a reduction in the percentage of unemployed people by two-tenths of 1 percent counts as progress, even if it results from wide-scale work force dropout.

Lott examined the Labor Department’s statistics and found that the number of Americans not in the labor force — neither working nor seeking work — grew and was revised upward last month by 1.2 million. Most people who join this category have given up looking for work and are no longer counted as unemployed. That fact skews the statistics to make the employment picture appear better than it is.

Real unemployment is mostly ignored by the major media, which was happy to tout the latest jobless rate reduction as a boon to Obama and a problem for Republican front-runner Mitt Romney. Most reporting has focused on the impression voters might have of an economic recovery, or at least trending in the right direction. The opposite is true and it is up to Romney to make that case.”

“Many in the major media can’t be counted on to tell the truth about the economy if doing so makes Obama and his policies look bad. This means the Republican nominee will have to go over or around the media to make his case. The best way to do this is not with statistics, but with real people.”

“Featuring real people who are out of a job and desperately want to work would help undermine the Democrats as the party of compassion, while simultaneously blunting the Republican stereotype as the party that doesn’t care about the poor.

Democrats seem eager to get more people onto food stamps than to adopt policies that would free them from addiction to government and give them the dignity of a real job and the self-sufficiency that goes with it.”

http://www.calthomas.com/index.php?news=3477

 

92 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Election 2012, Employment, Government, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Obama taxes, Taxes, The Case Against Barack Obama, Unemployment, US economy, Washington DC, white house

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February 9, 2012, Obama lies continue, Economy and jobs, Diversions cloud true picture, Most people are worse off, Deficit soars

Posted on February 8, 2012 | 59 comments

February 9, 2012, Obama lies continue, Economy and jobs, Diversions cloud true picture, Most people are worse off, Deficit soars

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984″

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”...George Orwell, “1984″

Lies, Lies and more Obama Lies.

It’s the economy again stupid.

If Obama has improved economic conditions, you wouldn’t know it in NC, or most other states for that matter.

I have not noticed people in the streets rejoicing.
Let’s begin with gas prices, which affect the price of almost all other goods. Gas prices have risen again in NC and Obama just recently pandered to his core support, the far left, and said no to the Canadian pipeline.

From Citizen Wells  September 21, 2011.

“One of the biggest, if not biggest drains on the economy, one exacerbated by Obama and his cronies, is gasoline prices. This affects the cost of everything and is killing our economy. The left are so  concerned about theoretical environmental damage and emulating Europeans that they disregard the plight of average Americans. Below is a chart showing the rise in fuel prices during the Obama reign.”

https://citizenwells.wordpress.com/2011/09/21/middle-class-incomes-fell-in-past-decade-between-2000-and-2010-incomes-fell-in-2010-adjusted-for-inflation-gas-prices/

 

From Investors Business Daily February 8, 2012.
“The American public’s dependence on the federal government shot up 23% in just two years under President Obama, with 67 million now relying on some federal program, according to a newly released study by the Heritage Foundation.

The conservative think tank’s annual Index of Dependence on Government tracks money spent on housing, health, welfare, education subsidies and other federal programs that were “traditionally provided to needy people by local organizations and families.”

The increase under Obama is the biggest two-year jump since Jimmy Carter was president, the data show.”

http://news.investors.com/Article/600452/201202080802/government-dependence-jumps-under-president-obama.htm

From ABC News February 7, 2012.

“Corporate Profits Aren’t What They Seem”

“As companies close their books on the final three months of last year, the big ones that make up the Standard & Poor’s 500 stock index appear likely to earn about $230 billion. That would be $12.6 billion more than a year earlier.

But the increase, 5.8 percent, is less than half the speed at which quarterly profits grew the first nine months of 2011. In the average quarter since the beginning of 2010, earnings have grown five times as fast.

Analysts expect profit growth to accelerate later this year. But so far, almost all the growth comes from two companies, one of them among America’s most favorite, the other among its most hated — Apple and the bailed-out insurance company AIG.

Take away those two companies and profits for the remaining 498 are expected to grow a measly 1.1 percent, according to FactSet, a provider of financial data.”

“The immediate future looks about the same. For this quarter, which ends March 31, profits for the S&P 500 are expected to be up about 1 percent from the year before. And that’s with Apple and AIG thrown in.

“Were the economy to sustain a shock, this makes us more vulnerable,” says Barry Knapp, chief U.S. stock strategist at Barclays Capital.

In a report Thursday highlighting “unusually weak” results so far, Goldman Sachs strategist David Kostin noted that stock analysts have been cutting their estimates for what S&P companies will make for all of 2012.”

http://abcnews.go.com/US/wireStory/corporate-profits-15525353#.TzLac1wV33c

From Citizen Wells December 4, 2011.

“data released Thursday by the Employment Security Commission of North Carolina show that Guilford appears on it’s way to a third consecutive year with annual jobless rates in double digits.

Economists say that likely hasn’t happened since the Great Depression.

“I suspect we would have to go back to the 1930′s (to find that),” said Don Jud, professor emeritus at UNCG’s Bryan School of Business and Economics.”

https://citizenwells.wordpress.com/2011/12/04/nc-unemployment-worst-since-great-depression-uncg-and-government-spending-spree-other-peoples-money-obama-supporters-predictable/

Latest NC unemployment data.

“Unemployment rates increased in 93 of North Carolina’s 100 counties in December. Rates decreased in four counties and remained the same in three.”
 
 
 
From Citizen Wells December 3, 2011.
 

“The unemployment rate, derived from a separate survey of households, was forecast to hold at 9 percent. The decrease in the jobless rate reflected a 278,000 gain in employment at the same time 315,000 Americans left the labor force.

“While the rate is certainly a very favorable rate, I would highlight that a lot of it is because people pulled out of the workforce,” Eric Rosengren, president of the Federal Reserve Bank of Boston, said in a speech yesterday.”
“RUSH:”

“Well, Happy Holidays. They don’t do Merry Christmas in the media. But we’re back, it’s done, they got the headline: “Unemployment, 8.6%!” Now, the truth of the matter is — and Bloomberg News even points out that the only way — it’s a corrupt number. It is a corrupt number. Folks, the number of people who have quit looking for work in the last few weeks is 315,000. Those are the people have thrown up their hands after 99 weeks or more of being unemployed; and they’ve said, “I’m quitting. I’m not looking.” So they’re not counted. Therefore, the universe of jobs available in the country is down by 315,000. That is the labor force participation rate. The labor force participation rate is a meager 64%. It fell to 64% from 64.2%. So the 0.2% drop equals 315,000 people leaving the workforce.

That means there are 315,000 fewer jobs to have, so the universe of jobs has been steadily shrinking. What was the number of jobs created? It’s 120,000 jobs. It’s 120, 126,000, whatever. That’s in the ballpark. That number of jobs created can lower unemployment rate 0.4%, almost one half of a percent? Creating 120,000 new jobs can do that? That alone tells us how small the labor force participation rate is. That tells us how small the universe of available jobs in the country is, when creating 120,000 — and we still have, don’t forget, over 400,000 applications for unemployment compensation reported yesterday. So just 120,000 new jobs can lower the unemployment rate almost a half a point. That’s not possible without that 315,000 figure, the 315,000 people who have just walked away.”

https://citizenwells.wordpress.com/2011/12/04/nc-unemployment-worst-since-great-depression-uncg-and-government-spending-spree-other-peoples-money-obama-supporters-predictable/

From Rush Limbaugh January 06, 2012.
 
“But now back to this 8.5%, folks.  They are celebrating, even this as fraudulent as it is, this 8.5% is fraudulent.  The news is out there something like 200,000 jobs created, surging in December.  However, 42,000 of them are seasonally adjusted couriers and messengers.  In December, a category called couriers and messengers, they’re hired during the holiday season, they’re temps.  Forty-two thousand of them.  They will not be counted in January and February ’cause they’re let go.  But, look, we could nitpick here on the numbers.  That misses the point.  The point here is what we were talking about yesterday.  The truth is not what is important here; it’s what’s being reported.  I could sit here all day and tell you how these jobs numbers are not accurate.  It’s not gonna matter.  The news is Obama’s policies are working.  The news is it’s finally kicking in.  The news is the economy is growing. The news is jobs are being created.”
 

“So 8.5% unemployment, millions of unemployed people, millions of jobs lost, millions of people on government benefits because they can’t find jobs — and this is the progress we have, this is what we have to show for trillions of dollars in deficit spending. Trillions of dollars! The unemployment rate is still higher than when Obama took office. The media is reporting, “The unemployment rate lower than it’s been in three years!” They don’t tell you lower than since Obama was inaugurated, but that’s the truth: $5 trillion in deficit later, we have an 8.5% unemployment rate. That’s it? This is what we’re supposed to party down over? And of course we have to provide the perspective here because few others will.

So we’ve got $6 trillion in new deficits. We ignore the millions who have dropped out of the workforce, we ignore all those who are holding part time rather than full-time jobs, and the best Obama can come with — the best the Democrats can come up with, the best the media can come up with — is 8.5%, and we’re supposed to celebrate today. How much have these jobs cost? Morning news reports this is a good picture. There are six million fewer jobs today than there were in 2008, folks! There are six million fewer jobs available in this country than there were three years ago. The unemployment rate is 15.2% when you include those who have dropped out and those who want full-time jobs but have to take part-time jobs. That’s the latest figure. So the Obama plan: Shrink the workforce, expand the welfare state, and then claim economic progress. Then slash the military, take that money and subsidize public sector employees who vote reliably Democrat, like NEA members.”
http://www.rushlimbaugh.com/daily/2012/01/06/it_s_party_time_8_5_unemployment

From News Max February 3, 2012.

 
“Rush: Obama’s Jobless Numbers Are ‘Corrupt’
Friday, 03 Feb 2012 01:18 PM
 
The jobless rate reported today is “corrupt as it can be” because President Barack Obama’s administration has decreased the size of the workforce, Rush Limbaugh said on his radio show.
 
According to the Department of Labor, employers added almost a quarter of a million jobs in January. According to Limbaugh, it eliminated 2 ½ million positions.
 
“The number of jobs not available to be filled exploded by an unprecedented, record number of 1.2 million,” he said. “That’s not a typo. That’s part of this 2 ½ million fewer jobs. It is corrupt as it can be.”
 
He said the shrinking of “the overall universe of jobs” led to the misconstrued dip in the unemployment rate, to 8.3, from 8.5 in December.
 
“No president has ever been re-elected when the unemployment rate’s over 8 percent, so guess what it’s going to be by the time we get to Election Day,” he said.”
 
 
Your assignment?
 
Make certain all of those around you know the truth.
 

59 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Election 2012, Employment, Government, Jobs, Lies, News, Obama, Obama lies, Obama Nation, Obama records, Rush Limbaugh, The Case Against Barack Obama, US economy, Washington DC, white house

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Unemployment applications jump to 399000, Increase 24000, January 13, 2012, US Labor department, 4 week average rose to 381750, Media silent

Posted on January 13, 2012 | 135 comments

Unemployment applications jump to 399000, Increase 24000, January 13, 2012, US Labor department, 4 week average rose to 381750, Media silent

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

Last week, when the alleged drop in unemployment claims was announced and the media was lavishing praise on Obama, I certainly had my doubts. The temporary jobs of the Christmas Season are always a problem and now with so many job applicants giving up, a realistic number is even more difficult to arrive at. Before reacting to last week’s numbers, I decided to let the dust settle and wait for the effect of the seasonal hiring to diminish.

Yesterday I heard Rush Limbaugh react to the Unemployment applications jump to 399,000. His reaction was much the same as mine with the recent jubilation in the media of reports of so called reductions in unemployment. Yesterday the media was silent. We still do not have a realistic number to reflect the true unemployment rate. Last week Sean Hannity indicated it is probably around 15.2 %.

From the Lake County News Sun January 12, 2012.

“Unemployment benefit applications jump to 399,000”

“The number of people applying for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season.

The Labor Department said Thursday that applications jumped by 24,000 to a seasonally adjusted 399,000, the most in six weeks. That followed three months of steady declines that brought applications to the lowest level in more than three years.

Applications typically soar in the first two weeks of the year. That’s because many companies lay off temporary workers who were brought on to help during the holidays. The department tries to adjust for those patterns. But the task is difficult because the data can be volatile.

The four-week average, which attempts to smooth such fluctuations, also rose, to 381,750. It had fallen in the previous week to a three-and-a-half-year low.”

“The pickup in hiring reflects greater economic growth. The economy will likely expand by more than 3 percent at an annual rate in the final three months of last year, economists expect. Rising consumer spending will likely power much of the gain. That would be a sharp improvement over the 1.8 percent growth in the July-September quarter.

Even so, economists worry that growth could slow in the first half of 2012. Europe is almost certain to fall into recession because of its financial troubles.

And wages didn’t keep pace with inflation last year. So without more jobs and higher pay, consumers may have to cut back on spending. That could drag on growth next year. Consumer spending accounts for 70 percent of economic activity.”

http://newssun.suntimes.com/business/9973056-420/unemployment-benefit-applications-jump-to-399000.html

 

135 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Government, Jobs, Labor Department, News, Obama, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Washington DC, white house

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NC unemployment worst since Great Depression, UNCG and government spending spree, Other people’s money, Obama supporters predictable

Posted on December 4, 2011 | 23 comments

NC unemployment worst since Great Depression, UNCG and government spending spree, Other people’s money, Obama supporters predictable

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“…and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”…Margaret Thatcher

Spending other People’s Money.

From Citizen Wells November 16, 2011.

“UNCG proposes 10 percent hike in tuition, fees”

“Tuition would rise 10 percent for UNCG students next year according to a proposal the university’s tuition and fee committee presented Tuesday night to the Student Government Association.

In-state undergraduates would see a $660 increase in their bills next year — an extra $345 for tuition and $315 for fees, bringing total tuition and fees to $6,158.

The increase would generate $7.4 million, with half of it used to offset budget reductions. The rest of the money would be used for need-based financial aid and pay increases for faculty, who have gone without raises in recent years.”

https://citizenwells.wordpress.com/2011/11/16/uncg-10-percent-tuition-fee-hike-proposal-660-increase-in-state-university-of-nc-at-greensboro-spending-like-drunken-sailors-out-of-control-expansion/

From Citizen Wells December 3, 2011.

From Rush Limbaugh December 2, 2011.

“Regime Manipulates Numbers to Get Unemployment Headline Under 9%”
“Bloomberg News is even reporting this means that more people left the workforce than got jobs.  Now, stop and think of this.  More people left the workforce than got jobs, and the unemployment rate goes down?  We’re dealing here with a serious form of corruption, manipulation of data; but, we all knew it was coming.  After all, we’re talking about the regime.  We knew this was coming.  We know the fact, we know the histoire, that no president’s been reelected with an unemployment rate higher than 8%.  So here we are 11 months away from the next election, voila! Heading into the Christmas, slash, holiday season, and we’re at 8.6%, the 0.6 doesn’t matter, we’re at 8%.  And the media is having orgasms out there, O-gasms.”

 https://citizenwells.wordpress.com/2011/12/03/unemployment-rate-lies-exagerations-obama-lies-315000-americans-left-the-labor-force-worst-jobless-figures-since-great-depression-in-nc/

The Greensboro News and Record on December 2, 2011 presented an interesting juxtaposition of insanity on the front page followed by a moment of clarity from an informed citizen.

Left front top.

“UNCG students would see a 10 percent increase in tuition next year under a plan the university’s board of trustees will vote on today.

But they could see additional increases as high as 10 percent annually for three years beyond that under a proposal the trustees are also considering.”

Later in the day we learn.

“Update: UNCG trustees approve tuition, fee hikes”

“UNCG’s trustees this morning unanimously approved a plan to increase tuition 10 percent next year, as well as a proposal that could boost tuition as much as 10 percent for three years beyond.

Following a recommendation from UNCG’s tuition and fee committee, trustees voted to raise tuition by $345 for in-state undergraduates and fees by $315 for 2012-13, bringing total tuition and fees to $6,153.

But they also approved a proposal from Chancellor Linda Brady that would allow her to seek additional increases of up to 3.5 percent for another three years. That supplemental increase would be in addition to any other campus- initiated tuition increase the university seeks.”
http://www.news-record.com/content/2011/12/02/article/uncg_approves_extended_fee_hikes

On the top right front of the December 2 edition we have:

“Jobless figures worst in 80 years”

“data released Thursday by the Employment Security Commission of North Carolina show that Guilford appears on it’s way to a third consecutive year with annual jobless rates in double digits.

Economists say that likely hasn’t happened since the Great Depression.

“I suspect we would have to go back to the 1930’s (to find that),” said Don Jud, professor emeritus at UNCG’s Bryan School of Business and Economics.”

 I would provide a link but when I last checked this site was the only one that I found reporting this on the internet.

Anyone else see the irony, stupidity and connections to the Obama administration in this?

In the same December 2 edition of the News and Record on December 2 on the Opinion page the following astute observation was made:

“Athletic department drains UNCG”
“By Christopher C. Tew

Let’s examine Chancellor Linda Brady’s 10 percent solution to UNCG’s education costs:
Knowing that the new legislative majority wouldn’t sufficiently fund any level of education, UNCG proposed a 2011-12 tuition and fees schedule that has forced out several hundred students whose families couldn’t afford increases of more than $500, about what students must pay, after a 10.6 percent increase, to subsidize an athletic department of 250 athletes and 70 coaches and staff.
With incredibly poor timing, UNCG also limited enrollment “educational opportunities,” and thus income, to raise standards in an economic climate where college graduates have better chances of finding work.
To reconcile these incompatibilities, Brady proposes a 10 percent solution: increases raising $7.5 million; increases redistributing some families’ income to provide loans and grants for others; increases giving to UNCG’s athletic department, which teaches no credit courses, employs no one who addresses UNCG’s educational or research missions, and redistributes mainly North Carolina income to mainly out-of-state athletes because UNCG’s teams don’t generate enough interest and earned revenue to cover costs.
This 10 percent solution is typical of an administration that has botched the mergers of two academic divisions, demoralized and alienated its faculty and staff with heavy-handed arrogance, and plans to force students to pay for extravagant discretionary construction, most of it more suitably funded, accomplished and managed by free-enterprise firms, while the campus library goes without books and journals and is left to raise its own funds for a long-needed media center.
UNCG should simply disband its athletic department. The freed-up resources would exceed Brady’s 10 percent solution with no net increase in student costs. Long-term savings from salaries, benefits and NCAA obligations could fund ample intramural sports and improve neglected faculty compensation.
Brady might also augment the $324,000 compensation she apparently finds too meager.”

http://www.news-record.com/content/2011/12/01/article/athletic_department_drains_uncg

23 Comments

Posted in Barack Obama, Board of Education, Budget, Citizen News, CitizenWells, Education, Employment, Government, NC, News, Newspapers, Obama, Obama administration, Unemployment

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Unemployment rate lies exagerations, Obama lies, 315000 Americans left the labor force, Worst jobless figures since Great Depression in NC

Posted on December 3, 2011 | 40 comments

Unemployment rate lies exagerations, Obama lies, 315000 Americans left the labor force, Worst jobless figures since Great Depression in NC

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

From Gallup November 17, 2011.

“U.S. Unemployment Ticks Up in Mid-November

Underemployment is at 18.2%, with 9.7% working part time but seeking full-time jobs
by Dennis Jacobe, Chief EconomistPRINCETON, NJ — Unemployment, as measured by Gallup without seasonal adjustment, is 8.5% in mid-November — up from 8.3% in mid-October, but down significantly from 9.2% in mid-November 2010. Gallup’s mid-month unemployment measure suggests the government is likely to report no change in its seasonally adjusted unemployment rate for November 2011.
An additional 9.7% of U.S. employees work part time but want full-time work, up from 9.2% in mid-October. The current reading is significantly higher than the 8.5% of mid-November 2010.
Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.2% — up from 17.5% a month ago. Underemployment stood at 17.7% in mid-November 2010.
Implications

Gallup’s analysis suggests that the deterioration in November unemployment is essentially the result of seasonal factors. In turn, this implies the government is likely to report on the first Friday in December that there was no change in the U.S. unemployment rate for November.”

http://www.gallup.com/poll/150794/unemployment-ticks-mid-november.aspx

From the US Labor Department December 2, 2011.

“The unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in retail trade, leisure and hospitality, professional and business services, and health care. Government employment continued to trend down.”

“Household Survey Data

In November, the unemployment rate declined by 0.4 percentage point to 8.6 percent. From April through October, the rate held in a narrow range from 9.0 to 9.2 percent. The number of unemployed persons, at 13.3 million, was down by 594,000 in November. The labor force, which is the sum of the unemployed and employed, was down by a little more than half that amount.”

http://www.bls.gov/news.release/empsit.nr0.htm

From Bloomberg December 3, 2011.

“Household Survey
 
The unemployment rate, derived from a separate survey of households, was forecast to hold at 9 percent. The decrease in the jobless rate reflected a 278,000 gain in employment at the same time 315,000 Americans left the labor force.

“While the rate is certainly a very favorable rate, I would highlight that a lot of it is because people pulled out of the workforce,” Eric Rosengren, president of the Federal Reserve Bank of Boston, said in a speech yesterday.”

http://www.bloomberg.com/news/2011-12-03/payroll-gains-improve-as-u-s-unemployment-rate-drops-economy.html

From Rush Limbaugh December 2, 2011.

“Regime Manipulates Numbers to Get Unemployment Headline Under 9%”

“BEGIN TRANSCRIPT

RUSH: I don’t want to be an I told you so, but I told you so, and I told you so five weeks ago.  Gallup, every week, puts out their own unemployment numbers and Gallup has been signaling that this day unemployment below 9% was coming.  They’ve been blatantly saying so, based on their own unemployment data, which is not related to the Bureau of Labor Statistics reports.  It’s their own surveys; and in the last five weeks, occasionally they will say that their numbers that they come out with on a Wednesday or Thursday indicate that we’re getting very close to a Bureau of Labor Statistics unemployment number of under 9%.  I said, “The regime needs this, and when we finally get to under 9%, it will be eight-point-something, but the point-what won’t matter.  The only number that’s going to matter is the eight.

“It could be 8.9; it won’t be 8.9, it will be ‘8.’”  Well, it’s 8.6, but it doesn’t matter, it’s eight; and predictably, the media’s all over it, and that’s the headline.  You know, I got up this morning and I did the show prep routine and one of the first places I always go is Drudge and I saw it right there in red, and it’s 8.6, and that’s all it said, and I knew what it was. It’s Friday, and I didn’t need to know anything else.  I knew that was the unemployment number, 8.6, and that’s all anybody else is gonna hear. They’re not gonna dig deep and find out how it happened.  Some people have, some people are. There’s a slight bit of reservation in certain sectors of the Drive-By Media.  But most of the Drive-By Media is doing hosannas and hallelujah and merry…

Well, Happy Holidays. They don’t do Merry Christmas in the media.  But we’re back, it’s done, they got the headline: “Unemployment, 8.6%!” Now, the truth of the matter is — and Bloomberg News even points out that the only way — it’s a corrupt number.  It is a corrupt number. Folks, the number of people who have quit looking for work in the last few weeks is 315,000.  Those are the people have thrown up their hands after 99 weeks or more of being unemployed; and they’ve said, “I’m quitting.  I’m not looking.”  So they’re not counted.  Therefore, the universe of jobs available in the country is down by 315,000.  That is the labor force participation rate.  The labor force participation rate is a meager 64%.  It fell to 64% from 64.2%.  So the 0.2% drop equals 315,000 people leaving the workforce.

That means there are 315,000 fewer jobs to have, so the universe of jobs has been steadily shrinking.  What was the number of jobs created?  It’s 120,000 jobs.  It’s 120, 126,000, whatever. That’s in the ballpark.  That number of jobs created can lower unemployment rate 0.4%, almost one half of a percent? Creating 120,000 new jobs can do that?  That alone tells us how small the labor force participation rate is.  That tells us how small the universe of available jobs in the country is, when creating 120,000 — and we still have, don’t forget, over 400,000 applications for unemployment compensation reported yesterday.  So just 120,000 new jobs can lower the unemployment rate almost a half a point.  That’s not possible without that 315,000 figure, the 315,000 people who have just walked away.

Bloomberg News is even reporting this means that more people left the workforce than got jobs.  Now, stop and think of this.  More people left the workforce than got jobs, and the unemployment rate goes down?  We’re dealing here with a serious form of corruption, manipulation of data; but, we all knew it was coming.  After all, we’re talking about the regime.  We knew this was coming.  We know the fact, we know the histoire, that no president’s been reelected with an unemployment rate higher than 8%.  So here we are 11 months away from the next election, voila! Heading into the Christmas, slash, holiday season, and we’re at 8.6%, the 0.6 doesn’t matter, we’re at 8%.  And the media is having orgasms out there, O-gasms.

But everybody in the country knows the economy is not growing, that new jobs are not being created a massive, robust way that signals, or feels like economic growth.  But the sad thing is that all these details that I have provided — probably, sadly — won’t even matter because the regime has gotten the headline that it wanted.  It got 8.6.  The regime got unemployment 8.6%.  That’s what they wanted; that’s what they got.  All these other details are irrelevant.  Now, this is the U3 unemployment rate.  The U6 unemployment rate counts the 315,000.  The U3 is a government marker.  U3 is what is reported.  The U6 unemployment number counts the 315,000 who have given up looking for a gig.  The U6 unemployment number is around 16, 17% — and that’s real unemployment.

The job universe from January 2009 when Obama was immaculated to the present is down about 2.5 million jobs.  There are 2.5 million fewer jobs in our country in the two and a half, almost three years now that Obama has been in orifice — and that’s the dirty little secret.  You shrink the workforce by two, 2.5 million people is the only way you can report the unemployment rate going down.  More people leave the workforce than found jobs, and the unemployment rate went down a half a point.  So again we are being massaged, we are being spun, we are being inundated with corrupt numbers, but it was all predictable, all understandable.  Again, so small has the employment universe become — so small, so many people having dropped out of the system altogether…

No longer counted, is what that means, as being unemployed. No longer counted as being alive in terms of the Bureau of Labor Statistics. When you quit looking for a job, you’re only counted in that U6 number, which is not the one that’s reported.  The U3 number is.  So you drop out of the system altogether, you’re no longer counted by the Obama regime.  A mere 126,000 job increase drops unemployment rate almost one half of a percentage point.  This is nothing more than the government manipulating the real work situation that exists in the country.  It’s all calculated to create a false impression of economic recovery and a healthier job market.  It’s truly outrageous — and watch how the Obama media cronies regurgitate this propaganda for the most part.  Watch how they’ll all fall in line. You’ve probably heard it already this morning.  I have examples of it here in the sound bite roster, but I don’t… Ah, I’ll probably play a couple of them just for the fun of it.”

Read more:

http://www.rushlimbaugh.com/daily/2011/12/02/regime_manipulates_numbers_to_get_unemployment_headline_under_9

40 Comments

Posted in Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Government, Jobs, Lies, NC, News, North Carolina, Obama, Obama lies, Obama Nation, Obama records, Orwellian, The Case Against Barack Obama, Unemployment, United States, US economy, Washington DC, white house

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Illinois July Job Losses leads nation, Obama cronies raise taxes and government spending, IL unemployment rate 9.5 percent

Posted on August 25, 2011 | 4 comments

Illinois July Job Losses leads nation, Obama cronies raise taxes and government spending,  IL unemployment rate 9.5 percent

As Obama formulates another award winning solution for creating jobs, you know like the Stimulus Bill, Illinois, Obama’s home state, gained recognition recently for having the highest job losses in the nation.

From the Chicago Daily Observer August 23, 2011.

“Illinois Leads Nation in Jobs Losses”

“Nationally, lawmakers and economists are debating what policy changes will help the U.S. progress toward economic recovery. Here in Illinois, residents are getting a harsh lesson of what happens when taxes go up, government spending isn’t reformed and past-due bills continue to go unpaid.

Last week the Bureau of Labor Statistics delivered three pieces of bad news to Illinois:

The number of Illinoisans employed continues to fall.

Illinois lost more jobs during the month of July than any other state in the nation. After losing 7,200 jobs in June, Illinois lost an additional 24,900 non-farm payroll jobs in July.

The Illinois unemployment rate, which rose to 9.5 percent, now exceeds the national rate.
“The policies currently in place – higher taxes, more spending, and unreformed liabilities – are clearly not working for those who are struggling to make ends meet,” said Kristina Rasmussen, executive vice president at the Illinois Policy Institute. “A great starting place for lawmakers eager to create an atmosphere of job growth would be to repeal the recent income tax increase, which robs families and businesses of resources they could put to better use.””

Read more:

http://www.cdobs.com/archive/featured/illinois-leads-nation-in-jobs-losses/

4 Comments

Posted in 2009 Stimulus Bill, Barack Obama, Chicago, Chicago machine, Economy, Employment, Illinois, Jobs, News, Obama, Richard Daley

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July Announced Job Cuts Jumped 59 percent, Third consecutive increase, Consumers retrenching manufacturing cooling and confidence waning

Posted on August 3, 2011 | 26 comments

July Announced Job Cuts Jumped 59 percent, Third consecutive increase, Consumers retrenching manufacturing cooling and confidence waning

From Bloomberg Auigust 3, 2011.

“Announced U.S. Job Cuts Jumped 59% in July”

“Employers in the U.S. announced the largest number of job cuts in July in 16 months, signaling a labor market that’s struggling to improve.

Planned firings climbed 59 percent from July 2010 to 66,414, according to figures released today by Chicago-based Challenger, Gray & Christmas Inc. Job-cut announcements were led by the pharmaceutical industry, which included drugmaker Merck & Co.’s plans to eliminate as many as 13,000 jobs.

The figures follow other data showing consumers retrenching, manufacturing cooling and confidence waning. Employers in July probably boosted payrolls at a pace that failed to reduce the jobless rate, according to a Bloomberg News survey before a report in two days.

“July marks the third consecutive increase we have seen in monthly job-cut announcements, which certainly seems to provide additional evidence that the recovery has stalled,” John A. Challenger, chief executive officer of Challenger, Gray & Christmas, said in a statement. “It has been a couple of years since we have seen this level of private-sector job cuts coming in a single month.”

Compared with June, job-cut announcements increased 60 percent. Because the figures aren’t adjusted for seasonal effects, economists prefer to focus on year-over-year changes rather than monthly numbers.

The pharmaceutical industry led the firings with 13,493 job cut announcements in July.”

Read more:

http://www.bloomberg.com/news/2011-08-03/announced-u-s-job-cuts-jumped-59-in-july.html

26 Comments

Posted in Economy, Employment, Jobs, News, Pharmaceuticals, United States

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Unemployment rate 9.0 percent or 9.8 percent?, Big brother or Gallup, Orwellian speak, 2011 or 1984

Posted on February 4, 2011 | 139 comments

Unemployment rate 9.0 percent or 9.8 percent?, Big brother or Gallup, Orwellian speak, 2011 or 1984

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

Unemployment Rate from Big Brother

From the US Labor Department February 4, 2011.

“Household Survey Data

The unemployment rate (9.0 percent) declined by 0.4 percentage point
for the second month in a row. (See table A-1.) The number of
unemployed persons decreased by about 600,000 in January to 13.9
million, while the labor force was unchanged. (Based on data adjusted
for updated population controls. See table C.)

Among the major worker groups, the unemployment rates for adult men
(8.8 percent), whites (8.0 percent), and Hispanics (11.9 percent)
declined in January. The unemployment rates for adult women (7.9
percent), teenagers (25.7 percent), and blacks (15.7 percent) were
little changed. The jobless rate for Asians was 6.9 percent, not
seasonally adjusted. (See tables A-1, A-2, and A-3.)

The number of job losers and persons who completed temporary jobs fell
from 8.9 to 8.5 million in January. The number of long-term unemployed
(those jobless for 27 weeks or more) edged down to 6.2 million and
accounted for 43.8 percent of the unemployed. (See tables A-11 and A-
12.)

After accounting for the annual adjustment to the population controls,
the employment-population ratio (58.4 percent) rose in January, and
the labor force participation rate (64.2 percent) was unchanged. (See
tables A-1 and C.)

The number of persons employed part time for economic reasons
(sometimes referred to as involuntary part-time workers) declined
from 8.9 to 8.4 million in January. These individuals were working
part time because their hours had been cut back or because they were
unable to find a full-time job. (See table A-8.)

In January, 2.8 million persons were marginally attached to the labor
force, up from 2.5 million a year earlier. (These data are not
seasonally adjusted.) These individuals were not in the labor force,
wanted and were available for work, and had looked for a job sometime
in the prior 12 months. They were not counted as unemployed because
they had not searched for work in the 4 weeks preceding the survey.
(See table A-16.)

Among the marginally attached, there were 1.0 million discouraged
workers in January, about the same as a year earlier. (These data are
not seasonally adjusted.) Discouraged workers are persons not
currently looking for work because they believe no jobs are available
for them. The remaining 1.8 million persons marginally attached to the
labor force had not searched for work in the 4 weeks preceding the
survey for reasons such as school attendance or family
responsibilities. (See table A-16.)”

Read more:

http://www.bls.gov/news.release/empsit.nr0.htm

From Gallup February 3, 2011.

“Unemployment, as measured by Gallup without seasonal adjustment, increased to 9.8% at the end of January — up from 9.6% at the end of December, but down from 10.9% a year ago.”
“Underemployment Essentially Unchanged in January

Underemployment — the combination of part-time workers wanting full-time work and Gallup’s U.S. unemployment rate — was 18.9% in January, essentially the same as the 19.0% of December. Underemployment now stands one percentage point below the 19.9% of a year ago.
Comparing Gallup’s unemployment and underemployment rates so far in 2011 with those for the same periods in 2010 provides something of a seasonally adjusted view of Gallup’s jobs data. Unemployment and underemployment are now at least one point below the rates of a year ago, reflecting modest improvement over the past year.

Still, Gallup’s measures paint a real-time picture of the current job realities on the ground: nearly 1 in 10 Americans in the U.S. workforce are unemployed, nearly one out of five are underemployed, and the nation’s overall hiring situation has not improved over the past four to six months.”

Read more:

http://www.gallup.com/poll/145922/gallup-finds-unemployment-slightly-january.aspx

139 Comments

Posted in 1984, Americans, Big Brother, Citizen News, Citizens for the truth about Obama, CitizenWells, DC, Employment, Government, Labor Department, News, Orwell, Orwellian, The Case Against Barack Obama, Unemployment, United States, Washington DC

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Citizen news, December 4, 2010, Obama COLB, Unemployment rate 9.8 percent, Blagojevich Rezko Obama

Posted on December 4, 2010 | 107 comments

Citizen news, December 4, 2010, Obama COLB, Unemployment rate 9.8 percent, Blagojevich Rezko Obama

“Why has Obama, for over 2 years, employed numerous private and government attorneys to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells and millions of concerned Americans

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

The two quotes above should be enough to scare the hell out of any concerned American. The problem is that most Americans are unaware of them because  of our Orwellian, biased, paid off mainstream media. They have made a deal with the devil. At least Lou Dobbs, on CNN of all places, asked the basic journalistic question, “Why doesn’t Obama provide his birth certificate?”

We know what the agenda and motives are of people like Anderson Cooper. Glenn Beck, if I understand his motives, believes that the Obama birth certificate controversy is a diversion. It may be. However, the American people deserve to hear the truth, the facts. Let them decide for themselves why Obama has employed so many attorneys to not only avoid presenting a legitimate birth certificate, but college records and other records. We know that he lied on his IL bar application (documented) and his selective service compliance is questionable. It may be as simple as that.

Does Glenn Beck believe he is smarter than the collective wisdom of the American people?

Glenn, call me.

Here is a simple summary of what a Hawai COLB is and what was presented on the internet in 2008. This is simple enough for Beck, Cooper and congressmen.

From Citizen News.

“Even if the COLB posted on the internet came from the State of HI, it is not a birth certificate and only proves that information about a birth was presented to the Hawaii Health Department.”

https://citizenwells.com/2010/12/03/obama-colb-not-a-birth-certificate-certification-of-live-birth-not-authenticated-refers-to-another-document/

Will Obama appointees be removed when Obama is removed from office?

Blagojevich appointees to be removed.

From Citizen News December 3, 2010.

“The Illinois Senate today approved a measure aimed at ridding state government of hundreds of appointees put in place before Gov. Pat Quinn was sworn into office.”

“Many of them came in under impeached ex-Gov. Rod Blagojevich, Quinn’s predecessor, which spurred attempts to “fumigate” state government after Blagojevich was removed from office.”

Read more:

https://citizenwells.com/2010/12/03/blagojevich-rezko-obama-blagojevich-trial-rezko-retrial-obama-appointments-subject-to-recall/

Unemployment rate 9.8 %.

From Citizen News December 3, 2010.

“The unemployment rate, which is obtained from a separate household survey, unexpectedly rose to 9.8% last month. More than 15 million people who would like to work can’t get a job.”

“The U.S. unemployment rate has now been above 9% since May 2009, or 19 months. That matches the longest stretch at such an elevated level since World War II. In the deep recession of the early 1980s, the jobless rate crept to 9% in March 1982 and remained above that mark until September 1983.”

Read more:
https://citizenwells.com/2010/12/03/unemployment-rate-9-8-percent-december-3-2010-worst-stretch-since-world-war-ii-19-months-above-9-percent/

I heard Glenn Beck mention the term “birther” again a few days ago in a disparaging way. Glenn, I for one am not going to let you get away with it.

107 Comments

Posted in Americans, Attorneys, Barack Obama, Birth Certificate, Blagojevich, Citizen, Citizen News, Citizens for the truth about Obama, CitizenWells, Congress, constitution, Election, Election Law, Employment, Glenn Beck, Government, Jobs, Lawsuits, Lawyers, Natural born citizen, News, Obama, Obama indictment, Obama lies, Obama Nation, Obama records, Orwellian, Rezko, The Case Against Barack Obama, United States, US Constitution, US House of Representatives, US Senate, Washington DC, white house

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Republicans vow to cut spending repeal health care bill, John Boehner, New Speaker of the House, Citizen Wells open thread, November 5, 2010

Posted on November 5, 2010 | 119 comments

Republicans vow to cut spending repeal health care bill, John Boehner, New Speaker of the House

From the Chicago Tribune November 5, 2010.

“Victorious at the polls, congressional Republicans asserted their newfound political strength on Thursday, vowing to seek a quick $100 billion in federal spending cuts and force repeated votes on the repeal of President Barack Obama’s prized health care overhaul.

At the White Houses, Obama said his administration was ready to work across party lines in a fresh attempt to “focus on the economy and jobs” as well as attack waste in government. In a show of bipartisanship, he invited top lawmakers to the White House at mid-month, and the nation’s newly elected governors two weeks later.

Rep. John Boehner, R-Ohio, in line to become the new speaker of the House, brushed aside talk that the No. 1 GOP goal was to make sure Obama is defeated at the polls in 2012. “That’s Senator McConnell’s statement and his opinion,” he told ABC, referring to the party’s leader in the Senate and adding that his own goals included cutting spending and creating jobs.”

“Many House Republicans campaigned on a platform of cutting government spending to levels in effect in 2008, before enactment of an economic stimulus bill and other increases that Democrats passed. Rep. Jerry Lewis of California, the senior Republican on the House Appropriations Committee, notified Democrats during the day that GOP lawmakers will try and implement the cuts when Congress considers the spending bill needed to keep most agencies running for the next eight months. The estimated savings total $100 billion.

“The unmistakable message sent by the American people on Tuesday is that they are justifiably angry at Washington. They want Congress to cut spending,” wrote Lewis, who faces an internal challenge in his attempt to become chairman of the panel next year.

At a news conference on Wednesday, the president signaled he was ready to jettison his campaign-long insistence that tax cuts be extended for earners at incomes up to $250,000 but be allowed to expire for higher-income people.”

Read more:

http://www.chicagotribune.com/news/politics/sns-ap-us-washington-new-reality,0,4954825.story

119 Comments

Posted in America, Barack Obama, Budget, Citizen News, Citizens for the truth about Obama, CitizenWells, Congress, DC, Democrats, Employment, Government, Healthcare bill, Money, News, Obama, Obama administration, Obama taxes, ObamaCare, Politics, republicans, The Case Against Barack Obama, United States, US economy, US House of Representatives, voters, Washington DC, white house

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