Category Archives: Unemployment

NC job growth dismal, Greensboro News Record, February 11, 2012, Guilford County and North Carolina 9.9 percent unemployent, 446000 jobless statewide

Posted on February 11, 2012 | 43 comments

NC job growth dismal, Greensboro News Record, February 11, 2012, Guilford County and North Carolina 9.9 percent unemployent, 446000 jobless statewide

“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″

Charlotte, NC is hosting the Democrat Convention in NC this year. The North Carolina State Motto is “Esse quam videri”, to be rather than to seem. The
Greensboro News Record presented the article below, once again on the same front page as a UNC University System tuition hike article, just as they did a few
weeks ago. I was pleased to see the News Record reporting on the negative jobs situation in NC but this was not presented by them on the internet, therefore
I was compelled to pick up the slack. I didnt want to “Videri quam esse”, you know, seem rather than be. For some reason the News Record does not make all of their print articles readily available on the internet. They must have a good reason, although I cannot discern it.

More Obama good news.
From the Greensboro News Record February 11, 2012.
“Outlook for job growth muted”

“Guilford County and North Carolina share a dubious distinction. Over the past 12 years, neither has logged any job growth.

Put another way, there were fewer people working statewide and countywide in December 2011 than in December 1999.”

“And the suffering continues.

While the job market showed signs of growth last year, both Guilford and the state ended 2011 with more people unemployed than was the case the previous
December.

In Guilford , nearly 24,500 didn’t have jobs; statewide, the number surpassed 446,000.

And both the county and the state ended the year with jobless rates of 9.9 percent. That’s equal to or higher than the rates a year earlier.”

“At the current rate of growth–adding 8,300 annually–it will take 3.5 years–or until 2016–to regain the positions lost during and after the Great recession.

“Looking ahead, Quinterno said he expects more of the same this year.

“Absent robust job growth, joblessness and associated hardships will remain widespread,” he wrote. “2012 could well be the fifth consecutive year of negative or minimal job growth in North Carolina.”

http://www.news-record.com/

43 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, democratic convention, Economy, Election 2012, Employment, Jobs, Lies, NC, News, Newspapers, North Carolina, Obama, Obama lies, Obama Nation, Presidential candidate, The Case Against Barack Obama, Unemployment, Washington DC, white house

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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

 

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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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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

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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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Obama economy worsens, Highest poverty rate, Unemployment claims rise, Unemployment rate 9.1 percent, Gas prices high, Obama wants to raise taxes on business

Posted on September 15, 2011 | 322 comments

Obama economy worsens, Highest poverty rate, Unemployment claims rise, Unemployment rate 9.1 percent, Gas prices high, Obama wants to raise taxes on business

Obama, et al are ruining this country and it’s economy. Today we learn from the US Labor Department.

“UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

          SEASONALLY ADJUSTED DATA

In the week ending September 10, the advance figure for seasonally adjusted initial claims was 428,000, an increase of 11,000 from the previous week’s revised figure of 417,000. The 4-week moving average was 419,500, an increase of 4,000 from the previous week’s revised average of 415,500.”

http://www.dol.gov/opa/media/press/eta/ui/eta20111330.htm

The US Census Bureau just reported.
“Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.

And in new signs of distress among the middle class, median household incomes fell last year to levels last seen in 1996.

Economists pointed to a telling statistic: It was the first time since the Great Depression that median household income, adjusted for inflation, had not risen over such a long period, said Lawrence Katz, an economics professor at Harvard.

“This is truly a lost decade,” Mr. Katz said. “We think of America as a place where every generation is doing better, but we’re looking at a period when the median family is in worse shape than it was in the late 1990s.”

The bureau’s findings were worse than many economists expected, and brought into sharp relief the toll the past decade — including the painful declines of the financial crisis and recession —had taken on Americans at the middle and lower parts of the income ladder. It is also fresh evidence that the disappointing economic recovery has done nothing for the country’s poorest citizens.

The report said the percentage of Americans living below the poverty line last year, 15.1 percent, was the highest level since 1993. (The poverty line in 2010 for a family of four was $22,314.)”

http://www.nytimes.com/2011/09/14/us/14census.html

The reported unemployment rate remains at 9.1 %.

“THE EMPLOYMENT SITUATION — AUGUST 2011
Nonfarm payroll employment was unchanged (0) in August, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today.
Employment in most major industries changed little over the month.”

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

The tax and spend policies of Obama and his cronies are a huge part of why this economy is tanking. Obama is more concerned about getting reelected than he is  the lives of ordinary struggling Americans. He speaks of creating jobs (with the worst past performance on record) and raising taxes on businesses to do so. The next part is important. Pay Attention!

Businesses do not pay taxes. Consumers do!

Taxes are part of the cost of doing business. When taxes are raised, some combination of the following will occur:

1. Prices will be raised.

2. Employees will be let go or have reduced hours.

3. Hiring will be diminished.

We have enough revenue. Cut spending!

Gasoline Prices

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.

I am all for alternative energy initiatives that make sense and are not in place to enrich Obama supporters. In fact, I have done so myself with my own limited funds. However, gasoline prices are hurting this economy and the poor and middle class citizens who the Democrats pretend to represent.

Drill baby drill!

322 Comments

Posted in Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Congress, DC, Democrats, Election 2012, Energy, Government, Jobs, News, Obama, Obama lies, Obama Nation, Obama records, Offshore Drilling, The Case Against Barack Obama, Unemployment, United States, US economy, Washington DC, white house

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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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End justifies the means, Elitist liberals know more than average Americans, Citizen Wells open thread, December 5, 2010

Posted on December 5, 2010 | 100 comments

End justifies the means, Elitist liberals know more than average Americans

I do not pretend to be an expert on some subjects but I can ask questions. This morning, before my mind got preoccupied with details, I pondered a question. That is, since 2009, with Obama in the White House and Democrats controlling Congress, and their forcing an unpopular tax and control bill, aka, health care bill down the throats of the American people, and promising that unemployment would not rise above 8 percent with their initiative strategies, what happened to the health care of all of those people who lost jobs in that period?

The stated, reported unemployment rate, was just announced to be 9.8 percent. We all know that the real figure is much higher. That represents many millions of Americans who lost their jobs. Did they retain health care? If their only option was Cobra, it is very expensive.

I have friends and acquaintances of all ages and political persuasions. Some of them are otherwise intelligent, but tend to associate with the university or arts crowd who are for the most part extremely liberal, extremely brainwashed and in some cases have a entitlement mentality. Most are oblivious to the real Obama and, whether they are aware or not, believe that the end justifies the means. They have touted the health care bill without considering the way it was passed, the impact on the economy and ultimately the impact on our health care system.

So, once again I am curious, those of you who lost your jobs, in part to the end justifies the means mentality of the left and Obama wanting to add a narcissistic feather to his cap, has your health care improved?

100 Comments

Posted in 2009 Stimulus Bill, Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Congress, Elitism, Elitist remarks, Health Insurance, Healthcare bill, Liberalism, News, Obama, Obama administration, Obama lies, Obama Nation, Obama taxes, ObamaCare, The Case Against Barack Obama, Unemployment, United States, Washington DC, white house

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Unemployment rate 10.1 percent, Gallup report, October 7, 2010, Government report Friday will understate

Posted on October 7, 2010 | 48 comments

Unemployment rate 10.1 percent, Gallup report, October 7, 2010, Government report Friday will understate

From Gallup October 7, 2010.

“Unemployment, as measured by Gallup without seasonal adjustment, increased to 10.1% in September — up sharply from 9.3% in August and 8.9% in July. Much of this increase came during the second half of the month — the unemployment rate was 9.4% in mid-September — and therefore is unlikely to be picked up in the government’s unemployment report on Friday.
Certain groups continue to fare worse than the national average. For example, 15.8% of Americans aged 18 to 29 and 13.9% of those with no college education were unemployed in September.

The increase in the unemployment rate component of Gallup’s underemployment measure is partially offset by fewer part-time workers, 8.7%, now wanting full-time work, down from 9.3% in August and 9.5% at the end of July.

As a result, underemployment shows a more modest increase to 18.8% in September from 18.6% in August, though it is up from 18.4% in July. Underemployment peaked at 20.4% in April and has yet to fall below 18.3% this year.
Friday’s Unemployment Rate Report Likely to Understate

The government’s final unemployment report before the midterm elections is based on job market conditions around mid-September. Gallup’s modeling of the unemployment rate is consistent with Tuesday’s ADP report of a decline of 39,000 private-sector jobs, and indicates that the government’s national unemployment rate in September will be in the 9.6% to 9.8% range. This is based on Gallup’s mid-September measurements and the continuing decline Gallup is seeing in the U.S. workforce during 2010.

However, Gallup’s monitoring of job market conditions suggests that there was a sharp increase in the unemployment rate during the last couple of weeks of September. It could be that the anticipated slowdown of the overall economy has potential employers even more cautious about hiring. Some of the increase could also be seasonal or temporary.”

Read more:

http://www.gallup.com/poll/143426/Gallup-Finds-Unemployment-September.aspx

48 Comments

Posted in America, Citizen, Citizen News, CitizenWells, DC, Employment, Government, News, The Case Against Barack Obama, Unemployment, United States, Washington DC, white house

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Unemployment facts, Bush tax cuts, Democrat Congress is problem, Socialist President and Congress bigger problem, Citizen Wells open thread, August 25, 2010

Posted on August 25, 2010 | 114 comments

Unemployment facts, Bush tax cuts, Democrat Congress is problem, Socialist President and Congress bigger problem

The Bush Tax Cuts were enacted in 2003 with a Republican president and Congress. The Democrats took control of Congress in 2006. Many lies about the economy and unemployment rate have been told, including consistently by Obama. These numbers do not lie.

Historical unemployment rates
Dec-2002 6.0% 
Jan-2003 5.8%  
Feb-2003 5.9%  
Mar-2003 5.9%  
Apr-2003 6.0%  
May-2003 6.1%  
Jun-2003 6.3%  
Jul-2003 6.2%  
Aug-2003 6.1%  
Sep-2003 6.1%  
Oct-2003 6.0%  
Nov-2003 5.8%  
Dec-2003 5.7%  
Jan-2004 5.7%  
Feb-2004 5.6%  
Mar-2004 5.8%  
Apr-2004 5.6%  
May-2004 5.6%  
Jun-2004 5.6%  
Jul-2004 5.5%  
Aug-2004 5.4%  
Sep-2004 5.4%  
Oct-2004 5.5%  
Nov-2004 5.4%  
Dec-2004 5.4%  
Jan-2005 5.3%  
Feb-2005 5.4%  
Mar-2005 5.2%  
Apr-2005 5.2%  
May-2005 5.1%  
Jun-2005 5.0%  
Jul-2005 5.0%  
Aug-2005 4.9%  
Sep-2005 5.0%  
Oct-2005 5.0%  
Nov-2005 5.0%  
Dec-2005 4.9%  
Jan-2006 4.7%  
Feb-2006 4.8%  
Mar-2006 4.7%  
Apr-2006 4.7%  
May-2006 4.6%  
Jun-2006 4.6%  
Jul-2006 4.7%  
Aug-2006 4.7%  
Sep-2006 4.5%  
Oct-2006 4.4%  
Nov-2006 4.5%  
Dec-2006 4.4%  
Jan-2007 4.6%  
Feb-2007 4.5%  
Mar-2007 4.4%  
Apr-2007 4.5%  
May-2007 4.4%  
Jun-2007 4.6%  
Jul-2007 4.6%  
Aug-2007 4.6%  
Sep-2007 4.7%  
Oct-2007 4.7%  
Nov-2007 4.7%  
Dec-2007 5.0%  
Jan-2008 5.0%  
Feb-2008 4.8%  
Mar-2008 5.1%  
Apr-2008 5.0%  
May-2008 5.4%  
Jun-2008 5.5%  
Jul-2008 5.8%  
Aug-2008 6.1%  
Sep-2008 6.2%  
Oct-2008 6.6%  
Nov-2008 6.9%  
Dec-2008 7.4%

114 Comments

Posted in Barack Obama, Congress, Democrats, Economy, Employment, Government, Jobs, Obama, Obama administration, Obama lies, Obama records, republicans, Unemployment, United States, US House of Representatives, US Senate, Washington DC, white house

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Jobless claims, Jobs created, Jobs lost, Stuart Varney, Fox News, Obama administration Orwellian lies

Posted on July 15, 2010 | 16 comments

Jobless claims, Jobs created, Jobs lost, Stuart Varney, Fox News

“The past is whatever the records and the memories agree upon.
And since the party is in full control of all records, and in
equally full control of the minds of it’s members, it follows
that the past is whatever the party chooses to make it. Six
means eighteen, two plus two equals five, war is peace,
freedom is slavery, ignorance is strength.”…George Orwell, “1984”

The Jobless Claims report was just announced this morning, July 15, 2010. Stuart Varney was just on Fox News speaking about the lies being told by the Obama Administration about jobs created. Varney, as always, cut through the Orwellian crap. Here is a recent video of Varney at work.

From the US Labor Department Jobless Claims Report.

“In the week ending July 10, the advance figure for seasonally adjusted initial claims was 429,000, a decrease of 29,000 from the previous week’s revised figure of 458,000. The 4-week moving average was 455,250, a decrease of 11,750 from the previous week’s revised average of 467,000.”

“The advance number for seasonally adjusted insured unemployment during the week ending July 3 was 4,681,000, an increase of 247,000 from the preceding week’s revised level of 4,434,000. The 4-week moving average was 4,581,250, an increase of 22,000 from the preceding week’s revised average of 4,559,250. ”

Read more:

https://citizenwells.com/2010/07/15/july-15-2010-jobless-claims-initial-claims-429000-decrease-of-29000-seasonally-adjusted-insured-unemployment-4681000/

Anybody else see a problem with those numbers above?

16 Comments

Posted in 2009 Stimulus Bill, America, Americans, Announcements, Barack Obama, Citizen, Citizen Journalism, Citizen News, Citizens for the truth about Obama, CitizenWells, DC, Economy, Government, Jobs, Labor Department, News, Obama, Obama administration, Obama indictment, Obama lies, Obama Nation, Obama records, Obama taxes, politicians, Politics, The Case Against Barack Obama, Unemployment, United States, US economy, Washington DC, white house

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