Bruce, it has been said, "There are lies, there are damn lies and then there are statistics."
On Aug 8, 2:48 am, Bruce Majors <[email protected]> wrote: > more Obama lies > <http://campaignspot.nationalreview.com/> > > Friday, August 07, 2009 > > *BARACK OBAMA* > > So What's the *Real* Unemployment Rate? > > Hmm. In June, the Bureau of Labor Statistics said the civilian labor force > was 154,926,000 people. > > In July, 796,000 of those were taken out of their definition of the > workforce, and thus their unemployment calculations for this month, because > they have stopped looking for work "because they believe no jobs are > available for them." Ten percent of the June workforce would be 15.4 > million, 1 percent would be 1.5 million, and so 796,000 is roughly one half > of one percent. > > In other words, BLS took .5 percent of what you and I would consider > unemployed and took them out of their total. And with that, unemployment > went down one tenth of one percent. > > Of course, if you take the July number of unemployed, 14.5 million, and add > that 796,000 of discouraged workers, you get a total of 15,296,000. > > In a work force of July’s number of 154,504,000, that’s an unemployment rate > of 9.9 percent. > > In a work for of June’s number of 154,926,000, that’s an unemployment rate > of 9.8 percent. > > UPDATE: Apparently we're in the Economy of the Beast, with 6.66 million lost > jobs over 19 months of contraction. > > ANOTHER UPDATE: A few folks with serious reading-comprehension issues are > interpreting this post as accusing the Bureau of Labor Statistics of > "fudging" the unemployment numbers. No, BLS has always taken the > "discouraged workers" out of their workforce pool, and I never suggested > that they did not. It's just that the number of them in this recession means > the BLS definition of "unemployed" is working out in an extremely convenient > manner for the Obama administration. Roughly 800,000 people who want jobs > and can't find any disappeared off the books. > > The unemployment rate declined from month to month, even though the total > number of Americans employed with a job decreased. If you don't find that a > signal that the happy headlines are misleading, I don't know what else to > tell you. > > 08/07 09:17 > AM<http://campaignspot.nationalreview.com/post/?q=ODUyZGMyNTExYzNlNTUyNz...> > Share <http://www.addthis.com/bookmark.php> > > > > On Fri, Aug 7, 2009 at 1:59 PM, David Pearson <[email protected]> wrote: > > > Economy > > Jobless Rate Dips To 9.4 > > Percent<http://n.npr.org/npr40/c2.php?NPRI/40180569/146044/H/N/D/http://www.n...> > > The U.S. unemployment rate fell slightly in July for the first time in 15 > > months and signaled that the recession may be easing, according to the Labor > > Department on Friday. Employers cut 247,000 nonfarm jobs in July, shedding > > jobs at the slowest pace in nearly a year. > > >http://www.npr.org/templates/story/story.php?storyId=111650612&sc=nl&;... > > > -- > > "It is a universal truth that the loss of liberty at home is to be charged > > to the provisions against danger, real or pretended, from abroad." - James > > Madison. > > -- > > David Pearson > > > __._,_.___ > > Messages in this topic > > <http://groups.yahoo.com/group/PresidentBarakObama/message/15666;_ylc=...>( > > 1) Reply (via web post) > > <http://groups.yahoo.com/group/PresidentBarakObama/post;_ylc=X3oDMTJyY...>| > > Start > > a new topic > > <http://groups.yahoo.com/group/PresidentBarakObama/post;_ylc=X3oDMTJma...> > > Messages<http://groups.yahoo.com/group/PresidentBarakObama/messages;_ylc=X3oDM...>| > > Files<http://groups.yahoo.com/group/PresidentBarakObama/files;_ylc=X3oDMTJn...>| > > Photos<http://groups.yahoo.com/group/PresidentBarakObama/photos;_ylc=X3oDMTJ...>| > > Links<http://groups.yahoo.com/group/PresidentBarakObama/links;_ylc=X3oDMTJn...>| > > Database<http://groups.yahoo.com/group/PresidentBarakObama/database;_ylc=X3oDM...>| > > Polls<http://groups.yahoo.com/group/PresidentBarakObama/polls;_ylc=X3oDMTJn...>| > > Members<http://groups.yahoo.com/group/PresidentBarakObama/members;_ylc=X3oDMT...>| > > Calendar<http://groups.yahoo.com/group/PresidentBarakObama/calendar;_ylc=X3oDM...> > > MARKETPLACE > > Mom Power: Discover the community of moms doing more for their families, > > for the world and for each > > other<http://us.ard.yahoo.com/SIG=14kn1u303/M=493064.12016295.13271503.1083...> > > [image: Yahoo! > > Groups]<http://groups.yahoo.com/;_ylc=X3oDMTJlNDIyY2I2BF9TAzk3NDc2NTkwBGdycEl...> > > Change settings via the > > Web<http://groups.yahoo.com/group/PresidentBarakObama/join;_ylc=X3oDMTJnO...>(Yahoo! > > ID required) > > Change settings via email: Switch delivery to Daily > > Digest<[email protected]?subject=email+delivery:+Digest>| > > Switch > > format to > > Traditional<[email protected]?subject=change+delivery+format:+Traditional> > > Visit Your Group > > <http://groups.yahoo.com/group/PresidentBarakObama;_ylc=X3oDMTJlMmwwbD...>| > > Yahoo! > > Groups Terms of Use <http://docs.yahoo.com/info/terms/> | Unsubscribe > > <[email protected]?subject=> > > Recent Activity > > > - 4 > > New > > Members<http://groups.yahoo.com/group/PresidentBarakObama/members;_ylc=X3oDMT...> > > > Visit Your Group > > <http://groups.yahoo.com/group/PresidentBarakObama;_ylc=X3oDMTJmaWN1aD...> > > Yahoo! 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