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Thread: U.S. Unemployment Rate Drops to Lowest Since December 2008

  1. #1

    Default U.S. Unemployment Rate Drops to Lowest Since December 2008

    http://www.washingtonpost.com/busine...fd5_story.html

    The national unemployment rate fell to 7.7 percent from 7.9 percent, and the nation added 146,000 jobs, not the mere 85,000 that forecasters had expected.

    Indeed, the job market has been remarkably consistent over the past year, adding an average of 157,000 jobs a month — well above the level needed to keep pace with a growing labor force, but slow enough that it would still take years to bring unemployment down to the 5 percent to 6 percent range.
    Just keep swimming!



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  3. #2

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    Meanwhile, in real world America, the labor force participation rate dropped again. http://data.bls.gov/timeseries/LNS11300000
    Rand Paul 2016

  4. #3
    Member newbitech's Avatar
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    Default

    Quote Originally Posted by ronpaulfollower999 View Post
    Meanwhile, in real world America, the labor force participation rate dropped again. http://data.bls.gov/timeseries/LNS11300000
    The unemployment numbers are gonna look real good once the baby boomers retire and the abortion gap kicks in. Unless..

  5. #4

    Default

    Quote Originally Posted by Jordan View Post
    Just keep swimming!
    That is the Keynesian Ponzi Enslavement mantra to be sure.

    Homebuilders have a big problem: too few workers!
    Started by Jordan‎, Today
    Why we should get rid of the debt ceiling
    Started by Jordan‎, Today
    Household Wealth Rises to Near 2007 High
    Started by Jordan‎, Yesterday
    U.S. is becoming top low cost energy destination for big business
    Started by Jordan‎, Yesterday
    Construction Spending up 9.6% Year over Year
    Started by Jordan‎, 12-03-2012
    November Car Sales Could Hit Pace Not Seen Since 2008
    Started by Jordan‎, 11-28-2012



    Merry Trollness, Jordan.

  6. #5

    Default

    Quote Originally Posted by Steven Douglas View Post
    That is the Keynesian Ponzi Enslavement mantra to be sure.

    Homebuilders have a big problem: too few workers!
    Started by Jordan‎, Today
    Why we should get rid of the debt ceiling
    Started by Jordan‎, Today
    Household Wealth Rises to Near 2007 High
    Started by Jordan‎, Yesterday
    U.S. is becoming top low cost energy destination for big business
    Started by Jordan‎, Yesterday
    Construction Spending up 9.6% Year over Year
    Started by Jordan‎, 12-03-2012
    November Car Sales Could Hit Pace Not Seen Since 2008
    Started by Jordan‎, 11-28-2012



    Merry Trollness, Jordan.
    our in house devil's advocate
    Last edited by Tpoints; 12-07-2012 at 04:10 PM.

  7. #6

    Default

    Quote Originally Posted by Steven Douglas View Post
    That is the Keynesian Ponzi Enslavement mantra to be sure.

    Homebuilders have a big problem: too few workers!
    Started by Jordan‎, Today
    Why we should get rid of the debt ceiling
    Started by Jordan‎, Today
    Household Wealth Rises to Near 2007 High
    Started by Jordan‎, Yesterday
    U.S. is becoming top low cost energy destination for big business
    Started by Jordan‎, Yesterday
    Construction Spending up 9.6% Year over Year
    Started by Jordan‎, 12-03-2012
    November Car Sales Could Hit Pace Not Seen Since 2008
    Started by Jordan‎, 11-28-2012



    Merry Trollness, Jordan.
    Those are all relevant topics for a forum on economics, no?

  8. #7

    Default

    Quote Originally Posted by Jordan View Post
    Those are all relevant topics for a forum on economics, no?
    relevant, definitely. Not the tone this board is used to hearing

  9. #8

    Default

    Quote Originally Posted by Tpoints View Post
    our in house devil's advocate
    Oh, we have more than one.
    Rand Paul 2016

  10. #9

    Default

    Quote Originally Posted by Jordan View Post
    Those are all relevant topics for a forum on economics, no?
    Economics & Sound Money

    That would be the formal name of this forum; two issues that are fully intertwined and absolutely inseparable, despite some very bizarre (albeit mainlined mainstream) fantasies to the contrary.

    There's nothing generic or unbiased about this forum, no secret there. We're all about economics, and especially as it relates to sound money. You're playing dumb, as if you're in the ACME Economics Forum, even while you actively cheerlead for a Keynesian-spawned Ponzi Economy in a Ron Paul Forum, of all places.

    But that's just Captain Obvious from the Department of Redundancy Department to Obvious Troll, telling him that he's being Obvious.

    There's nothing wrong with contrary opinions that go against the "mainstream" (whatever that is based on locale, or, "When in Rome, at the least remember that mostly Romans are there."). If you were forthright, however, you could have your obvious pot-stirring digs in a much more forthright way--like, acknowledging up front the intended effect you knew your shit was going to have (you're stupid if you think anyone is that stupid), and throwing down a real gauntlet. The effect would be the same, of course, as debates and arguments would ensue in much the same way. But your stock would go up, because you will have shown a respect for the fact that people aren't stupid, and honest disagreement could still take place. Instead, here you are, with everyone fully aware that you are tossing in grenades, while simultaneously playing a poop-stupid intelligence-insulting game of "Huh? Wha? I tot dis wuz a ekanomiks forum!" ::: cue really bad impression of Dr. Evil batting goofy eyes with an innocent finger to the lips :::
    Last edited by Steven Douglas; 12-07-2012 at 05:52 PM.

  11. #10

    Default

    What is the actual U.S. employment rate (it's a ratio of individuals/families/household/homeless or sometin')?

    How many of those that are employed are working for (or contracted by/supplying mostly to) government?

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