Category Archives: Unemployment

Obama Illinois high unemployment reveals Labor Force Participation rate impact on unemployment rate, IL jumps to 9 percent with labor force reentrants

Posted on March 12, 2013 | 9 comments

Obama Illinois high unemployment reveals Labor Force Participation rate impact on unemployment rate, IL jumps to 9 percent with labor force reentrants

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“As today’s labor release from the Bureau of Labor Statistics shows, Illinois’ unemployment rate jumped to 9 percent, a 0.4 percent increase over December’s 8.6 percent rate. Even before the increase in January, Illinois had the 9th highest unemployment rate in the nation.

The increase is due to almost 23,000 Illinoisans rejoining the workforce to look for work again. Unfortunately, Illinois’s worsening economic climate means there is very little work to find.”…Illinois Review Mar 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

We have continued to reveal the real unemployment rate in the US as being much higher due to the shrinking labor force participation rate, i.e., the large numbers of people who have dropped out of the labor force. In Obama’s home state of Illinois we have a good example of how this works when some of those people attempt to reenter the job market.

From Illinois Review March 10, 2013.
“ILLINOIS’ UNEMPLOYMENT RATE JUMPED TO 9 PERCENT”

“As today’s labor release from the Bureau of Labor Statistics shows, Illinois’ unemployment rate jumped to 9 percent, a 0.4 percent increase over December’s 8.6 percent rate. Even before the increase in January, Illinois had the 9th highest unemployment rate in the nation.

The increase is due to almost 23,000 Illinoisans rejoining the workforce to look for work again. Unfortunately, Illinois’s worsening economic climate means there is very little work to find.

The state’s unemployment rate is now nearly the same as it was one full year ago, when the unemployment rate stood at 9.1 percent. ”

http://illinoisreview.typepad.com/illinoisreview/2013/03/illinois-unemployment-rate-jumped-to-9-percent.html#more

The US Labor Force Participation Rate when Obama took the White House in January of 2009 was 65.7 percent. Since then it has dropped 2.2 percent to 63.5 percent. That 2.2 percent is not reflected in the stated unemployment rate.

Also in January of 2009 there were 5.7 million people who want a job now. Last month there were 6.8 million who want a job now.

This information comes directly from the US Labor Dept.

Pass this information along to low information voters.

9 Comments

Posted in Barack Obama, Chicago, Citizen News, Citizens for the truth about Obama, CitizenWells, Employment, Illinois, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Unemployment rate March 8, 2013, Labor force participation rate underemployment rate and part time workers reveal truth, Gallup Poll US Payroll to Population Rate Falls Further in February

Posted on March 8, 2013 | 31 comments

Unemployment rate March 8, 2013, Labor force participation rate underemployment rate and part time workers reveal truth, Gallup Poll US Payroll to Population Rate Falls Further in February

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“Tonight, let’s declare that, in the wealthiest nation on earth, no one who works fulltime should have to live in poverty — and raise the federal minimum wage to $9 an hour.”…Barack Obama

“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″

***  UPDATE  8:30 EST ***

Just in from the US Labor Dept.

The “rectified” (“1984” reference) unemployment rate for February 2013 is 7.7%.

The BLS February 2013 unemployment rate will be released shortly. Regardless of the stated rate, it will not accurately portray the dismal jobs situation in America.

From Gallup March 7, 2013.

“U.S. Payroll to Population Rate Falls Further in February”

“The U.S. Payroll to Population employment rate
(P2P), as measured by Gallup, was 43.3% for the month of February,
down from 43.6% in January. This also reflects a decline from the
43.6% P2P rate of February 2012, and is the lowest P2P rate since
April 2011’s 43.3%.

Gallup’s P2P metric is an estimate of the percentage of the U.S. adult
population aged 18 and older who are employed full time by an employer
for at least 30 hours per week. P2P is not seasonally adjusted.”

“Unlike Gallup’s P2P rate, which is a percentage of the total
population, traditional employment metrics, such as the unemployment
rates Gallup and the U.S. Bureau of Labor Statistics report, are based
on the percentage of the workforce. Gallup defines the “workforce” as
adults who are working or actively looking for work and available for
employment. February’s workforce participation rate was 67.8%, down
slightly from 68.1% in January, but similar to the 67.7% of February
2012.”

“Underemployment, as measured without seasonal adjustment, was 18.1% in
February, up from 17.5% in January. Still, this is a full point’s
improvement over February 2012, when the rate was 19.1%.”

“The percentage of workers working part time but wanting full-time work
was 10.1% in February, an increase from 9.6% in January, and the
highest rate measured since January 2012.”

“The year-over-year decline in unemployment and stability in the size
of the workforce, on the surface, would seem to indicate an improving
employment situation. Although fewer people are unemployed now than a
year ago, they are not migrating to full-time jobs for an employer. In
fact, fewer Americans are working full-time for an employer than were
doing so a year ago, and more Americans are working part time.
Although part-time work is clearly better than no work at all, these
are not the types of good jobs that millions of Americans are still
searching for.”

Read more:

http://www.gallup.com/poll/161063/payroll-population-rate-falls-further-february.aspx

“Tonight, let’s declare that, in the wealthiest nation on earth, no one who works fulltime should have to live in poverty — and raise the federal minimum wage to $9 an hour.”…Barack Obama

Obama is fixing that by making them all part time workers.

31 Comments

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

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European record unemployment, 11.9 percent in 17 nation euro zone, Spain 26.2 percent, January 2013, Euro zone forecast to shrink 0.3 percent

Posted on March 2, 2013 | 24 comments

European record unemployment, 11.9 percent in 17 nation euro zone, Spain 26.2 percent, January 2013, Euro zone forecast to shrink 0.3 percent

“What do you think a stimulus is? It’s spending – that’s the whole point! Seriously.”…Barack Obama

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,”…Barack Obama May 2008

 “…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

 

From the NY Times March 1, 2013.

“Euro Zone Unemployment Rises to Record”

“The unemployment rate in the euro zone edged up in January to a new record, official data showed Friday, as the ailing European economy continued to weigh on the job market.

That, and new data showing a decline in inflation in the euro zone, could prompt the European Central Bank to take steps to stimulate the economy when its Governing Council meets this week, analysts said.

Unemployment in the 17-nation euro zone climbed to 11.9 percent in January from 11.8 percent the previous month, according to Eurostat, the statistical office of the European Union.

For the 27 nations of the Union, the jobless rate in January stood at 10.8 percent, up from 10.7 percent in December. All of the figures were seasonally adjusted.

A separate Eurostat report showed price pressures easing in February. In the euro zone, the annual inflation rate came in at 1.8 percent, down from 2 percent in January and below the European Central Bank’s 2 percent target.

The jobless data “suggest that wage growth is set to weaken from already low rates” and further depress consumer spending, which has already been damped by government austerity measures, Jennifer McKeown, an economist at Capital Economics in London, wrote in a research note.”

“In absolute terms, Eurostat estimated Friday that 19 million people in the euro zone and more than 26 million people in the overall Union were unemployed.

Spain’s unemployment rate in January was 26.2 percent, and Portugal’s was 17.6 percent. Austria, at just 4.9 percent, had the lowest rate, followed by Germany and Luxembourg, both of which had 5.3 percent unemployed.

Greece’s unemployment rate in November, the latest month for which Eurostat has figures for the country, was 27 percent.

France, with the second-largest euro zone economy, after Germany’s, had a 10.6 percent jobless rate in January. In Britain, not a euro member, the jobless rate stood at 7.7 percent.”

Read more:

Do not be fooled by the Obama controlled media reports. With the millions of people dropping out of the US labor force, unemployment here is much closer to that of the Euro zone.

24 Comments

Posted in Barack Obama, Budget, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Europe, Financial crisis, Government, News, Obama, Obama lies, Obama Nation, Obama records, Orwellian, Unemployment

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Obama high gas price solution, Use less oil, Energy costs cripple business jobs homes economy, Obama lies and warnings, If they want to build coal plants they can but it will bankrupt them

Posted on February 22, 2013 | 50 comments

Obama high gas price solution, Use less oil, Energy costs cripple business jobs homes economy, Obama lies and warnings, If they want to build coal plants they can but it will bankrupt them

“For the well-off in this country, high gas prices are mostly an annoyance, but to most Americans they’re a huge problem, bordering on a crisis.”…Barack Obama May 2008

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,”…Barack Obama May 2008

“if they want to build [coal plants], they can, but it will bankrupt them”…Barack Obama

You were warned….

By Obama.

From WCSC February 20, 2013.

“”Gas prices continue to be an ongoing problem,” said Obama. “I’m proud of the fact that under my administration, oil production is higher than it has been in a decade or more. We have seen a doubling of fuel efficiency standards on cars over the next several years, so that is saving people money at the pump.”

The president said one of the things that must happen in order to lower gas prices is to make the “overall economy use less oil.”

“Unfortunately because of world-wide demand, oil prices are going to keep going up and down until we put in place some of the energy saving proposals I talked about in the State of the Union,” Obama said.”

http://www.live5news.com/story/21289844/president-obama-

2012 National Federation of Independent Business October Survey

“MOST IMPORTANT PROBLEM: 2012

1.  Rising Cost of Health Care Insurance
2.  Uncertainty over Economic Conditions
3.  Energy Costs
4.  Uncertainty over Government Actions
5.  Unreasonable Government Regulations
6.  Federal Taxes on Business Income
7.  Tax Complexity
8.  Frequent Changes in Federal Tax Laws and Rules
9.  Property Taxes
10. State Taxes on Business Income”

http://www.nfib.com/research-foundation/surveys/small-business-economic-trends

From Citizen Wells July 29, 2012.

Gas prices are going back up and currently average $ 3.49 in the US. One of the biggest reasons gasoline prices have not risen further is the downturn in the US and world economies.

From the NY Times June 13, 2012.

“Mark Juull, a construction contractor for public and residential housing, has something to be thankful for in this sluggish economy: With global commodity prices falling, he’s saving $200 a week on fuel for his three trucks and finding deals on aluminum, lumber and roof shingles, which are typically made from petroleum.”

“Over the last month, global oil prices have declined by about 12 percent, while corn, copper, lead, cocoa and coffee have all dropped by 5 percent or more. Prices of corn, cocoa, oats, cotton, rubber, coffee, aluminum, silver, zinc and nickel are all more than 20 percent lower than a year ago.

Gasoline prices are falling precipitously, too, down nearly 20 cents over the last month alone, to a national average of $3.54 a gallon on Wednesday. That is nearly 45 cents below the high for the year reached in early April. The average household consumes 1,200 gallons of gasoline a year, so every dime shaved off the price of gas translates into a $120 annual savings, according to the Oil Price Information Service.

“The world economy is in risk of a recession and on that possibility, commodity prices weaken,” said Allen L. Sinai, chief global economist for Decision Economics, a consulting firm. “Lower inflation comes with weakening economies.”

Oil is among the commodities that have fallen in price the fastest despite continuing tensions in the Middle East and the tightening sanctions on Iran. OPEC production has been soaring in recent months because of mushrooming crude exports from Iraq, an almost total resumption of exports from Libya since the fall of the Qaddafi dictatorship, and a concerted drive by Saudi Arabia to push up production. At a meeting in Vienna on Thursday, OPEC is expected to decide to keep production steady despite weakening prices.”

http://www.nytimes.com/2012/06/14/business/economy/weak-economys-mixed-blessing-falling-commodity-prices.html

In 2009 when Obama took office, gasoline averaged around $ 1.85 a gallon. Here is a chart of gasoline prices for the last 3 years.

A long time commenter here brought this to my attention.

From WND February 16, 2012.

“The Obama administration, despite the nation’s economic woes, effectively killed the job-producing Keystone Pipeline last month. The Arab Spring is turning the oil production of Libya and other Arab nations over to the Muslim Brotherhood. Iraq is distancing itself from the U.S. And everyone recognizes that Iran, whose crude supplies are critical to the European economy, will do anything it can to frustrate America’s strategic interests. In the face of all of this, Obama insists on cutting back U.S. oil potential with outrageous restrictions.”

“Part of Obama’s apparent war against U.S. energy independence includes a foreign-aid program that directly threatens my state’s sovereign territory. Obama’s State Department is giving away seven strategic, resource-laden Alaskan islands to the Russians. Yes, to the Putin regime in the Kremlin.

The seven endangered islands in the Arctic Ocean and Bering Sea include one the size of Rhode Island and Delaware combined. The Russians are also to get the tens of thousands of square miles of oil-rich seabeds surrounding the islands. The Department of Interior estimates billions of barrels of oil are at stake.

The State Department has undertaken the giveaway in the guise of a maritime boundary agreement between Alaska and Siberia. Astoundingly, our federal government itself drew the line to put these seven Alaskan islands on the Russian side. But as an executive agreement, it could be reversed with the stroke of a pen by President Obama or Secretary Clinton.

The agreement was negotiated in total secrecy. The state of Alaska was not allowed to participate in the negotiations, nor was the public given any opportunity for comment. This is despite the fact the Alaska Legislature has passed resolutions of opposition – but the State Department doesn’t seem to care.

The imperiled Arctic Ocean islands include Wrangel, Bennett, Jeannette and Henrietta. Wrangel became American in 1881 with the landing of the U.S. Revenue Marine ship Thomas Corwin. The landing party included the famed naturalist John Muir. It is 3,000 square miles in size.

Northwest of Wrangel are the DeLong Islands, named for George Washington DeLong, the captain of USS Jeannette. Also in 1881, he discovered and claimed these three islands for the United States. He named them for the voyage co-sponsor, New York City newspaper publisher James Gordon Bennett. The ship’s crew received a hero’s welcome back in Washington, and Congress awarded them gold medals.

In the Bering Sea at the far west end of the Aleutian chain are Copper Island, Sea Lion Rock and Sea Otter Rock. They were ceded to the U.S. in Seward’s 1867 treaty with Russia.

Now is the time for the Obama administration to stand up for U.S. and Alaskan rights and invaluable resources. The State Department’s maritime agreement is a loser – it gives us nothing in return for giving up Alaska’s sovereign territory and invaluable resources. We won the Cold War and should start acting like it.”

http://www.wnd.com/2012/02/obamas-giveaway-oil-rich-islands-to-russia/

And now we learn.

From Patriot Update July 28, 2012.

“After Obama Blocks Pipeline, China Readies $15.1B Canadian Oil Deal”

“When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.

Now, with China’s state-run oil company CNOOC poised to cut a $15.1 billion deal–the largest ever foreign acquisition for a Chinese company–with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.

In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:

I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.

Similarly, Rep. Pelosi is now sounding alarms of concern. In a statement, Pelosi spokesperson Drew Hamill said:

This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.

Saying “I told you so” offers little solace to concerned Republican lawmakers.”

https://citizenwells.wordpress.com/2012/07/29/july-29-2012-gas-prices-up-obama-energy-policy-rewards-friends-punishes-americans-alaska-island-giveaway-to-russians-keystone-pipeline-canada-china-oil-deal/

50 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Energy, Fossil fuels, Lies, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Offshore Drilling, The Case Against Barack Obama, Unemployment, Washington DC, white house

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Obama for dummies, Raising miminum wage hurts employment and consumers, Businesses don’t pay for increase, Employees and consumers pay, Higher unemployment and prices

Posted on February 19, 2013 | 69 comments

Obama for dummies, Raising miminum wage hurts employment and consumers, Businesses don’t pay for increase, Employees and consumers pay, Higher unemployment and prices

“Tonight, let’s declare that, in the wealthiest nation on earth, no one who works fulltime should have to live in poverty — and raise the federal minimum wage to $9 an hour.”…Barack Obama

“The truth is, raising the minimum wage could be just about the worst thing he could do for the jobs market. We are already 7 million jobs in the hole, 7 million fewer jobs than when the President took office. Raising the minimum wage means employers whose businesses are struggling will simply get rid of jobs. They will cut workers. According to the Heritage Foundation, the last minimum wage increase eliminated 300,000 jobs”…Gerri Willis Fox News

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

The following, as Rush Limbaugh would say, is designed to educate low information voters.

Just as businesses do not pay taxes, they do not pay for minimum wage increases. Employees and consumers do.

Examples:

Company A has 10 college student employees receiving the minimum wage. With an increase, they are forced to let one employee go.

Company B, a taxi service in a small city, serves primarily people without cars. They have twenty drivers receiving minimum wage but they also receive tips. With a minimum wage increase the company is forced to cut back on hours and raise prices. The impact on lower income people is higher fares and reduced availability.

Company C is growing. They need to hire several employees. They start them at minimum wage but give performance raises after 6 months. With the minimum wage increase they are forced to review their hiring plans. The higher minimum wage coupled with increased health care costs will delay hiring plans.

Company D, a cable provider, uses many minimum wage employees. They are the only game in town so they raise prices. People complain but still want cable.

From Fox Business February 13, 2013.

“The truth is, raising the minimum wage could be just about the worst thing he could do for the jobs market. We are already 7 million jobs in the hole, 7 million fewer jobs than when the President took office. Raising the minimum wage means employers whose businesses are struggling will simply get rid of jobs. They will cut workers. According to the Heritage Foundation, the last minimum wage increase eliminated 300,000 jobs,

For a president who says he won’t sleep until everybody who wants a job has one, get some NoDoz because there are going to be some sleepless nights.

There are unintended consequences of a higher wage policy, but there is also the fact that the President inaccurately depicts the people on minimum wage. If you surmised from the President’s description that minimum wage workers were single mothers balancing a job at McDonald’s and caring for her children, you’d be wrong.  Most minimum wage workers aren’t adults but people 25 years of age and under, and 60% work part-time.

The true picture of the typical minimum wage worker is a high school or college student with a part-time job, balancing work with the demands of an academic life. Do they deserve a 14% pay hike?

According to the Heritage Foundation, people who are paid minimum wage typically live in households with incomes two or more times over the official poverty level. Non-economists refer to them as mom and dad.

Here’s what the President doesn’t understand that you probably do: minimum wage jobs are training positions. The employer contributes every bit as much to the worker in terms of training teaching job skills, good work habits, how to meet expectations, as the worker does. That’s why these folks aren’t getting top dollar. They are newbies.

The job market is full of people performing at different levels and they all don’t get paid the same amount of money! That is fair, right and good.

Oh, and by the way, two-thirds of minimum wage workers don’t earn minimum wage after a year. They get a raise!”

Read more:

http://www.foxbusiness.com/on-air/willis-report/blog/2013/02/13/obama-s-minimum-wage-job-killer

Economics 101

From Citizen Wells April 3, 2012.

“What about taxes?

First, the corporate tax rate in the US is near or at the top in the world.

US oil companies pay enormous amounts of taxes. How does this compare to one of Obama’s pay to play buddies GE? Check this out for yourself.

Here is the really important point about raising taxes on oil companies and other companies.

Companies (corporations, LLC’s, partnerships, sole proprietors) do not paytaxes!

Consumers pay for the tax increases.

Taxes are part of the cost of doing business.

A tax increase to a company results in some combination of the following:

Product and service price increases.

Employee and hours cutbacks.

Reduced hiring.”

https://citizenwells.wordpress.com/2012/04/03/obama-lies-on-oil-companies-taxes-profits-and-impact-on-consumers-obama-energy-policy-based-on-chicago-pay-to-play-politics-truth-team-notification/

69 Comments

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

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Obama Democrats destroy Black employment, African American unemployment up 6 percent since Democrats took congress, Over 1 percent in Obama admin, Numbers don’t lie Obama does

Posted on February 12, 2013 | 50 comments

Obama Democrats destroy Black employment, African American unemployment up 6 percent since Democrats took congress, Over 1 percent in Obama admin, Numbers don’t lie Obama does

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“Numbers don’t lie, Obama does.”…Citizen Wells

Rush Limbaugh had a black caller from Georgia today. The caller voiced his frustration with blacks supporting Obama and the Democrat Party even though unemployment has gotten worse under their regimes. He made the example of blacks leaving unemployment lines to vote for Obama and then returning to the unemployment line.

Here are the numbers from the US Labor Dept.

In January of 2007 when the Democrats took control of both houses of Congress the unemployment rate for blacks was 7.9 percent.

In January of 2009 when Obama took control of the White House the unemployment rate for blacks was 12.7 percent.

In January of 2013 the unemployment rate for blacks was 13.8 percent.

That is a 6 percent increase since the Democrats took control of Congress and over 1 percent increase since Obama took control of the White House.

http://www.bls.gov/webapps/legacy/cpsatab2.htm

From Citizen Wells  July 21, 2012.

“Citizen Wells: I smell a rat. A NC Democrat Convention rat.

Also significant from the report are the following unemployment increases from April to June 2012.

Blacks: From 13.0 to 14.4 percent.

Asians: From 5.2 to 6.3 percent.

Hispanics: From 10.3 to 11.0 percent.”

https://citizenwells.wordpress.com/2012/07/21/july-21-2012-obama-economy-and-jobs-bleak-27-states-recorded-unemployment-rate-increases-black-unemployment-up-1-4-percent-in-2-months-nc-rate-suspect/

From Citizen Wells October 21, 2012.

“California has the third highest unemployment rate in the country at 10.2 percent. CA has been getting a lot of press recently for suspicious reporting the prior week that skewed the US Labor Dept. unemployment claims report. What you are probably not getting from the media is the fact that since February 2012, the labor force participation rate has dropped more than the unemployment rate.”

“The following data is taken from the California Labor Market Review for September 2012.

There is more than suspect reporting in initial unemployment claims from CA. On Page 7 we find the changes in unemployment rate and labor force participation rate from February to September 2012 under seasonally adjusted.
February 2012.

Unemployment rate 10.9 %    LF Participation rate 63.3 %.

September 2012.

Unemployment rate 10.2 %    LF Participation rate 62.4 %.

The Labor Force Participation Rate dropped more than the unemployment rate. 

So the following claim:

“The California unemployment rate was 10.2 percent in September, down 0.4
percentage point from August.”

is very misleading.

The following facts are also interesting.
“By race and ethnicity, the September 2012 unemployment rate for blacks was 18.1 percent, Hispanics 13.2 percent, and whites 10.5 percent.””

https://citizenwells.wordpress.com/2012/10/21/california-data-skewed-labor-dept-unemployment-claims-report-ca-data-reveals-real-unemployment-rate-labor-force-participation-rate-62-4-dropped-more-than-unemployment-rate-since-feb-2012/

50 Comments

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

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Unemployment impact on American households, February 7, 2013, NY Times reports Rutgers study, Nearly a quarter layed off, Recession all consuming, Real unemployment rate

Posted on February 7, 2013 | 37 comments

Unemployment impact on American households, February 7, 2013, NY Times reports Rutgers study, Nearly a quarter layed off, Recession all consuming, Real unemployment rate

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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″

The following is a decent article from the NY Times except for the fact that it fails to accurately reflect the real unemployment rate. That is, the large number of people who have dropped out of the workforce, i.e., the large drop in the Labor Force Participation Rate.

Where I come from, if you are going to report the truth about unemployment and the impact on American households, you do not omit that important fact.

From the NY Times February 7, 2013.

“Profound Weight of Layoffs Is Seen in Work Trends Survey”
“Layoffs have touched nearly every American household in some fashion over the last few years, according to new survey data to be released Thursday by the John J. Heldrich Center for Workforce Development at Rutgers University.

While about 8 percent of Americans are unemployed, nearly a quarter of Americans say they were laid off at some point during the recession or afterward, according to the survey. More broadly, nearly eight in 10 say they know someone in their circle of family and friends who has lost a job.

“This to me is why the recession was so all-consuming and is likely to influence the American psyche,” said Cliff Zukin, a public policy and political science professor at Rutgers and co-author of the report. “Almost everyone, four out of five, were directly or one step removed from unemployment and all that goes with it financially, socially, psychologically.”

The survey presented a bleak view of the economic future.

A majority of Americans say they think it will be at least six years before the economy is made whole again, if ever. Three in 10 said the economy would never fully recover from the Great Recession.

“Despite significant improvements in the nation’s labor market, American workers’ concerns about unemployment, the job market, job security and the future of the economy have not changed much since we conducted a similar survey in August 2010,” the report said.

Just a third of Americans surveyed in this poll, conducted from Jan. 9-16, said they thought the economy would be better next year, the same share that said so two years earlier.

Of those laid off in recent years, nearly a quarter said they still had not found a job. Re-employment rates for older workers have been particularly bad, with nearly two-thirds of unemployed people 55 and older saying they actively sought a job for more than a year before finding one or had still not found work.”

Rutgers University study.

Click to access Work_Trends_February_2013.pdf

Here are a few examples of what could have been added to the report:

“The unemployment rate fell by .2 percent only because the labor force participation rate dropped .2 percent to record lows.”

https://citizenwells.wordpress.com/2012/09/07/labor-force-participation-rate-drops-to-record-low-unemployment-still-over-8-percent-2-percent-drop-in-labor-force-lowers-unemployment-rate-white-house-brags/

“Here is the acid test, the bottom line on Obama and the Democrats impact on jobs.

When the Democrats took control of congress in January 2007, the unemployment rate was 4.6 percent.

When Obama  took control of the White House in January 2009, the unemployment rate was 7.8 percent.

The stated current unemployment rate is 8.3 percent.

That is job creation???

http://data.bls.gov/timeseries/LNS14000000

And that is not all.

The Labor Force Participation Rate has dropped. If that rate had not dropped, the unemployment rate would have been significantly higher.

When the Democrats took control of congress in January 2007, the Labor Force Participation Rate 66.4 percent.

When Obama took control of the White House in January 2009, the Labor Force Participation Rate was 65.7 percent.

The Labor Force Participation Rate currently is 63.7 percent.”

https://citizenwells.wordpress.com/2012/08/05/obama-job-facts-august-5-2012-obama-lies-about-jobs-created-fewer-jobs-since-obama-and-democrats-took-control-higher-unemployment-lower-labor-force-participation/

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Posted in Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwellian, The Case Against Barack Obama, Unemployment, Washington DC, white house

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US stated unemployment rate 7.9 percent, Labor force participation rate 63.6 percent, NC unemployment rate up, Berkshire Hathaway buys Greensboro News Record

Posted on February 2, 2013 | 31 comments

US stated unemployment rate 7.9 percent, Labor force participation rate 63.6 percent, NC unemployment rate up, Berkshire Hathaway buys Greensboro News Record

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“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 the US Labor Dept. February 1, 2013.

“Employment Situation Summary”

“Total nonfarm payroll employment increased by 157,000 in January, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Retail trade, construction, health care, and wholesale trade added jobs over the month.

Household Survey Data

The number of unemployed persons, at 12.3 million, was little changed in January. The unemployment rate was 7.9 percent and has been at or near that level since September 2012. (See table A-1.) (See the note and tables B and C for information about annual population adjustments to the household survey estimates.)

Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.3 percent), teenagers (23.4 percent), whites (7.0 percent), blacks (13.8 percent), and Hispanics (9.7 percent) showed little or no change in January. The jobless rate for Asians was 6.5 percent (not seasonally adjusted), little changed from a year earlier.
(See tables A-1, A-2, and A-3.)

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was about unchanged at 4.7 million and accounted for 38.1 percent of the unemployed. (See table A-12.)

Both the employment-population ratio (58.6 percent) and the civilian labor force participation rate (63.6 percent) were unchanged in January.”

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

The Orwellian reporting of Obama and economic news is getting worse with no end in sight.

The Greensboro News Record has done a decent job of economic and jobs reporting over the past year.

However,

Warren Buffett’s Berkshire Hathaway just bought the Greensboro News Record.

“But Kroeger said BH Media likes the News & Record because it is the dominant source of information for the region, and that gives it an edge in attracting advertisers.

Kroeger said it’s important that the print newspaper is affordable and accessible to all readers, even in an economically troubled region.

But plenty of readers want their news by computer, smartphone and iPad. So, BH Media wants to deliver content to those people and earn money in the process.”

http://www.news-record.com/home/latestnews/673320-91/buffett-media-buys-news-

From the Greensboro News Record  January 30, 2013 .

“Update: Jobless rate up slightly in Triad”

“The jobless rate for the Greensboro-High Point metro area was 9.6 percent in December, up from November’s figure of 9.2 percent.

The December rate was lower compared with December 2011, which had a jobless rate of 10.5 percent, according to figures the N.C. Department of Commerce released today.”

http://www.news-record.com/news/business/665883-92/update-jobless-rate-up-slightly

“up slightly”

Is that like slightly pregnant?

Actually, unemployment was up in 97 of 100 counties in NC!

From the Greensboro News Record  February 1, 2013 .

“Greensboro area jobless rate drops, still high”

“No economist likes a 9.6 percent unemployment rate.

But December’s rate in the Greensboro/High Point Metro Area is nearly 1 percentage point lower than it was in December 2011, according to figures released Wednesday by the state Department of Commerce.

“That’s a terrible number, but it’s less terrible than a year ago,” said Andrew Brod, senior research fellow at the Center for Business and Economic Research at UNCG.”

http://www.news-record.com/news/crime/latestnewsnewscrime/666278-92/greensboro-area-jobless-rate-drops

“:jobless rate drops”

How many people read that and believed that it was reality?

Factor in the drop in the labor force participation rate in NC and it may not have dropped from a year ago.

George Orwell must be spinning in his grave.

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Posted in 1984, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, George Orwell, Jobs, Lies, media, Ministry of Truth, NC, News, Newspapers, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, Orwellian, The Case Against Barack Obama, Unemployment, Washington DC, white house

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NC unemployment rates increased in 97 of 100 counties, Graham County 18.5 percent, Guilford 9.5, Mecklenburg 9.3, Labor force participation rate down

Posted on January 30, 2013 | 144 comments

NC unemployment rates increased in 97 of 100 counties, Graham County 18.5 percent, Guilford 9.5, Mecklenburg 9.3, Labor force participation rate down

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

NC unemployment rates increased in 97 of 100 counties.

That is scary enough.

That is only part of the picture.

Since the Democrats took control of congress in 2007, the labor force participation rate in NC has dropped 3.6 percent. Since Obama took the White House it has dropped 1.8 percent. So as bad as these unemployment rates appear, they are actually much higher.

From the NC Department of Commerce January 30, 2013.

“Unemployment rates increased in 97 of North Carolina’s 100 counties in December, decreased in one, and were unchanged in two. Thirteen of the State’s metro areas also experienced rate increases while one metro decreased. The December (not seasonally adjusted) statewide rate was 9.5 percent.

Graham County had the highest unemployment rate at 18.5 percent, while Orange County had the lowest at 5.9 percent. Among the Metro areas, Rocky Mount at 12.5 percent experienced the highest rate, and Durham-Chapel
Hill at 7.2 percent had the lowest.”

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.5 percent in December. This was a 0.5 of a percentage-point increase from November’s revised rate of 9.0 percent, and a 0.7 percentage-point decrease over the year.”

“Unemployment rates increased in 13 of the state’s 14 Metropolitan Statistical Areas (MSAs). The Rocky Mount MSA had the highest unemployment rate in December at 12.5 percent. Durham/Chapel Hill reported the month’s lowest unemployment rate at 7.2 percent, which increased 0.3 of a percentage point from the previous month. Asheville and Raleigh/Cary followed at 7.5 percent.”

Click to access NR_December2012_CntyRates_M.pdf

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Government, Jobs, NC, News, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment, Washington DC, white house

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AP job facts January 23, 2013, Recession tech kill middle class jobs, 70 percent of jobs added low paying, Government policies biggest job killer

Posted on January 23, 2013 | 47 comments

AP job facts January 23, 2013, Recession tech kill middle class jobs, 70 percent of jobs added low paying, Government policies biggest job killer

“only 2 percent of the 3.5 million jobs gained since the recession ended in June 2009 are midpay. Nearly 70 percent are low-paying jobs”…AP, Kitsap Sun January 22, 2013

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“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″

With the controversy about the AP producing biased reports about jobs added and unemployment, I did a search this morning:

January 23, 2013 AP jobs

I found the article below. There is truth in the article. There has been a trend for technology to replace jobs. Technology has also helped companies to function after massive layoffs. However, Technology did not cause the “Great Recession.”

From the Kitsap Sun January 22, 2013.

“Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over.

And the situation is even worse than it appears.

Most of the jobs will never return, and millions more are likely to vanish as well, say experts who study the labor market. What’s more, these jobs aren’t just being lost to China and other developing countries, and they aren’t just factory work. Increasingly, jobs are disappearing in the service sector, home to two-thirds of all workers.

They’re being obliterated by technology.”

“The numbers startle even labor economists. In the United States, half of the 7.5 million jobs lost during the Great Recession paid middle-class wages, ranging from $38,000 to $68,000. But only 2 percent of the 3.5 million jobs gained since the recession ended in June 2009 are midpay. Nearly 70 percent are low-paying jobs; 29 percent pay well.”

“Over the past 50 years, technology has drastically reduced the number of jobs in manufacturing. Robots and other machines controlled by computer programs work faster and make fewer mistakes than humans. Now, that same efficiency is being unleashed in the service economy, which employs more than two-thirds of the workforce in developed countries. Technology is eliminating jobs in office buildings, retail establishments and other businesses consumers deal with every day.”

“Thanks to technology, companies in the Standard & Poor’s 500 stock index reported one-third more profit the past year than they earned the year before the Great Recession. They’ve also expanded their businesses, but total employment, at 21.1 million, has declined by a half-million.”

“In the U.S., the economic recovery that started in June 2009 has been called the third straight “jobless recovery.”

But that’s a misnomer. The jobs came back after the first two.

Most recessions since World War II were followed by a surge in new jobs as consumers started spending again and companies hired to meet the new demand. In the months after recessions ended in 1991 and 2001, there was no familiar snap-back, but all the jobs had returned in less than three years.

But 42 months after the Great Recession ended, the U.S. has gained only 3.5 million, or 47 percent, of the 7.5 million jobs that were lost. The 17 countries that use the euro had 3.5 million fewer jobs last June than in December 2007.

This has truly been a jobless recovery, and the lack of midpay jobs is almost entirely to blame.”
Read more:

http://www.kitsapsun.com/news/2013/jan/22/ap-impact-recession-tech-kill-middle-class-02/#ixzz2InmaRPFt

While technology may account for some job losses, a big part of the answer lies in Washington, DC.

Diogenes

Looking for honest reporting.

47 Comments

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

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