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Jobless Claims 187,000

1911131415

Comments

  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,642 Founders Club
    From that report Doog just cited (and deleted)

    1.2 million is the number of long term unemployed workers with the last report.

    He was trying to make the claim it was 5.7 million.

    Don’t worry Doog….i saw your mistake on your deleted post and was happy to report it

  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    HuskyBuck said:

    From that report Doog just cited (and deleted)

    1.2 million is the number of long term unemployed workers with the last report.

    He was trying to make the claim it was 5.7 million.

    Don’t worry Doog….i saw your mistake on your deleted post and was happy to report it

    Haven't deleted anything but OK!
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,308 Founders Club
    Read it again.


  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    edited January 2024
    Bob_C said:

    Read it again.


    Tbf I mixed my terms. Being on Mobile and BLS changed their reporting formats...for some reason.

    Like I said, I'll clean it up out there and be sure we are being honest and fair when presented with Facts and Evidence! TM
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,642 Founders Club
    Ok let’s add the 5.7 million back to the labor participation rate and unemployed numbers and assume NONE of them can get a job. I still don’t get 7%-10%
  • TurdBomber
    TurdBomber Member Posts: 20,052 Standard Supporter
    Meanwhile REI is laying off 350 workers, forecasting a bad 2024.

    But hey, maybe their stock will rise in Q3 & Q4, so it's all good.

    Nevermind Main Street and the jobs on it.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,662 Founders Club

    Meanwhile REI is laying off 350 workers, forecasting a bad 2024.

    But hey, maybe their stock will rise in Q3 & Q4, so it's all good.

    Nevermind Main Street and the jobs on it.

    The stock market tends to like layoffs
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    HuskyBuck said:

    HuskyBuck said:

    Bob_C said:

    pawz said:

    HuskyBuck said:

    Refresh my memory…if the current unemployment rate isn’t 3.5 as reported by the BLS….whats the exact number?

    Following what been disclosed in this thread, probably 3.5 + 7.

    What’s that, 10.5%?

    No its just the 7%. But it's way higher when you include the illegals.
    That would be extremely hard to nail down in all honesty, I would guess that aside from "sanctuary cities" the illegal immigration participation numbers would be higher per capita but would be lots of grey and black market employees.

    Then again, most of them use fake broken ladder identities of the deceased to work so maybe they are counted. Who fucking knows.

    It would be a fun regression worthy of doing my PhD in.

    All that being said, Joe Biden's economy sucks ass. It's why even the Whitehouse gave up messaging on it. If it were doing well we wouldn't hear the end of it from the msm.
    Boy thats a lot of fantasy land hoops I need to jump through to believe. Its weird you guys can't pull actual data I can validate and verify with. Weird.
    I'm responding to Bob and just musing about the effect of illegals on employment numbers. Hth.

    None of it has to do with the 5.7 million long term unemployed in Biden's roaring economy.
    Where is that....where did you get that 5.7 million number? Out your ass? Its amazing how you cant take us through your thought process when challenged. There's a lot of that on this board!!!
    The irony never stops around here.

  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,308 Founders Club
    There's some math, not 7% but it's over 6%.



  • TurdBomber
    TurdBomber Member Posts: 20,052 Standard Supporter

    Meanwhile REI is laying off 350 workers, forecasting a bad 2024.

    But hey, maybe their stock will rise in Q3 & Q4, so it's all good.

    Nevermind Main Street and the jobs on it.

    The stock market tends to like layoffs
    Yes it does. That's why Buck the Barebacker of @HHusky is slamming his ham right now.

    Wall Street vs. Main Street.