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Free Talk Live => General => Topic started by: Fred on January 07, 2011, 04:50:04 PM

Title: 9.4% unemployment
Post by: Fred on January 07, 2011, 04:50:04 PM
Horseshit!
Title: Re: 9.4% unemployment
Post by: davann on January 07, 2011, 05:14:13 PM
I doubt anyone who pays a half a bit attention believes the 9.4% government stat. Just like those in the know know not to trust government inflation numbers either.

Vegas was close to 24% at one point (not officially) but I think it has been descreasing as people just up and leave the state. It is like the fucking Great Depression here.
Title: Re: 9.4% unemployment
Post by: One two three on January 07, 2011, 06:14:48 PM
As of Nov unemployment was 5.4% in New Hampshire.
http://www.nh.gov/nhes/elmi/unempnr.htm

It's a government figure and may not be 100% accurate.  Also, it doesn't track 1-1 with those unemployment.  For example, it doesn't track those not looking for work.  In a place like NV the percentage of people not looking for work is likely higher than in NH (because they gave up looking for work due to the poor economic environment).
Title: Re: 9.4% unemployment
Post by: error on January 07, 2011, 08:46:20 PM
The "unemployment rate" "dropped" because it does not count the number of people who gave up looking for work, which actually increased. And they're trying to spin this to say that the "recovery" is progressing along? HAHAHAHAAHAH!
Title: Re: 9.4% unemployment
Post by: Turd Ferguson on January 07, 2011, 09:12:41 PM
The "unemployment rate" "dropped" because it does not count the number of people who gave up looking for work, which actually increased. And they're trying to spin this to say that the "recovery" is progressing along? HAHAHAHAAHAH!

The best part about this whole deal is that they never explian how this "recovery" can happen with nothing but service sector jobs that dont export anything of any intrinsic value to it that other countries would pour money into our economy in exchange for. As if the government just flips a switch and people just lick their wounds and get back to business as usual like nothing happened. The exact circumstances that put us in need of a recovery are exactly the same or worse than they were before the economy went to shit, and they expect anyone to believe that somehow magically, everything is recovering.  :lol:

Where do they get these people?
Title: Re: 9.4% unemployment
Post by: anarchir on January 07, 2011, 10:14:44 PM
One politician I heard reported on todays news said that he believed we were well on the road to recovery because sales were up in the last few months. NO SHIT THEY WERE UP. IT WAS FUCKING CHRISTMAS.
Title: Re: 9.4% unemployment
Post by: Pizzly on January 07, 2011, 10:31:12 PM
One politician I heard reported on todays news said that he believed we were well on the road to recovery because sales were up in the last few months. NO SHIT THEY WERE UP. IT WAS FUCKING CHRISTMAS.

I don't know why, but that was hilarious.
Title: Re: 9.4% unemployment
Post by: BKO on January 08, 2011, 03:32:59 AM
And the figures do not count those who have already exhausted their unemployment benefits. Those folks are dumped back into the work pool, or ignored altogether.
Title: Re: 9.4% unemployment
Post by: Brooklyn Red Leg on January 08, 2011, 04:18:52 AM
Ya know those old 'In Soviet Russia' joke? Soon enough they're gonna be 'In Corporate America' instead. It never ceases to amaze me the people who actually believe the lies that our unemployment rate is less than 20% nationwide.
Title: Re: 9.4% unemployment
Post by: BonerJoe on January 08, 2011, 05:15:47 AM
I'm curious as to how many people are on the dole in total. Social Security, government pensions, unemployment, welfare, etc.
Title: Re: 9.4% unemployment
Post by: libertylover on January 08, 2011, 11:45:45 PM
I doubt anyone who pays a half a bit attention believes the 9.4% government stat. Just like those in the know know not to trust government inflation numbers either.

Vegas was close to 24% at one point (not officially) but I think it has been descreasing as people just up and leave the state. It is like the fucking Great Depression here.

Isn't NV hurting because they depend on travel and no one wants to fly in the USA anymore?  Another casualty of the TSA.  I read that air travel was down by 13% from 2009 to 2010 (no I don't have a link)  It was in a local paper not on line.  I suspect a 13% decrease is enough to push more airlines into bankruptcy.  It would also be enough to hurt areas dependent on tourism.
Title: Re: 9.4% unemployment
Post by: davann on January 09, 2011, 01:31:29 AM
I doubt anyone who pays a half a bit attention believes the 9.4% government stat. Just like those in the know know not to trust government inflation numbers either.

Vegas was close to 24% at one point (not officially) but I think it has been descreasing as people just up and leave the state. It is like the fucking Great Depression here.

Isn't NV hurting because they depend on travel and no one wants to fly in the USA anymore?  Another casualty of the TSA.  I read that air travel was down by 13% from 2009 to 2010 (no I don't have a link)  It was in a local paper not on line.  I suspect a 13% decrease is enough to push more airlines into bankruptcy.  It would also be enough to hurt areas dependent on tourism.

Yeah, Nevada or at least Las Vegas is almost entirely dependant on tourism. When the world goes to shit people tend to stop spending money on vacations to Vegas. Plus, Vegas really needs to start offering something not offered any where else again. I am thinking a little Amsterdam in downtown Las Vegas. Hell, even officially legalizing prostitution in Clark County would help. Who knows, maybe Vegas is going the way of Detroit. Might take longer as there was a tremendous amount of cash flowing through here at one time.
Title: Re: 9.4% unemployment
Post by: One two three on January 09, 2011, 07:57:12 AM
One politician I heard reported on todays news said that he believed we were well on the road to recovery because sales were up in the last few months. NO SHIT THEY WERE UP. IT WAS FUCKING CHRISTMAS.

They likely meant year over year for that time period.  That is the traditional definition.  Perhaps you thought month over month?
Title: Re: 9.4% unemployment
Post by: LTKoblinsky on January 09, 2011, 05:55:45 PM
Front Page news in the Newspaper today:
Economic Recovery! Employment on the Rebound.
Title: Re: 9.4% unemployment
Post by: bobbysan on January 09, 2011, 08:36:19 PM
The insiders bought before releasing the numbers, then they'll sell right before they release the revised up numbers. They continually float B.S. out there and let the clueless media and "analysts" do the rest of their bidding.
Title: Re: 9.4% unemployment
Post by: Transient on January 10, 2011, 09:43:00 PM
Underemploment is also a major factor. Someone close to me is working as a janitor at two locations just to make ends meet. This person also has over 25 years experience in upper managment in a (solvent) Fortune 500 company and multiple advanced degrees and certifications.

The crazyness of it is, if he had just stayed unemployed, his unemployment check would have been greater than his checks from those jobs.

Luckily, this man has principles and won't suckle off the state like they would like him to.
Title: Re: 9.4% unemployment
Post by: blackie on January 10, 2011, 10:01:50 PM
Underemploment is also a major factor. Someone close to me is working as a janitor at two locations just to make ends meet. This person also has over 25 years experience in upper managment in a (solvent) Fortune 500 company and multiple advanced degrees and certifications.

The crazyness of it is, if he had just stayed unemployed, his unemployment check would have been greater than his checks from those jobs.

Luckily, this man has principles and won't suckle off the state like they would like him to.
I would have taken the unemployment check, and tried to work the janitor jobs under the table.
Title: Re: 9.4% unemployment
Post by: Fred on January 10, 2011, 10:03:27 PM
hear hear!