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Jobless Claims 187,000

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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    HuskyBuck said:



    Yup still no proof. Lots of excuses though. LOTS of excuses.

    I’m sure the irony is lost on you.

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

    UW_Doog_Bot said:

    HuskyBuck said:

    I mean…..theyre thanking him for reducing it to 3.5% because…..it IS 3.5%

    After the dems made them unemployed in the first place...and as long as you don't count the 6 million long term unemployed(which the BLS does as we already went over).

    You just don't like facts I suppose.

    Fucking hondofs. Even Susan had the good sense to abandon ship. Even Brandon abandoned this talking point. Bidenomics is DOA. Let it go.


    So do you have the real unemployment number or what???
    We also went over that, BLS has it as almost 6 million long term unemployed...which makes about 7% total unemployment...like I guessed at at the beginning from the participation rate. Maybe take up your problems with the BLS. Do you know who that is?

    Are you actually learning disabled?
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    HuskyBuck said:

    I knew it! Doog Bot ran away when asked what the real unemployment rate right now!!!!

    Lol 7am victory lap. Jfc.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,642 Founders Club
    UW_Doog_Bot said:

    HuskyBuck said:

    I knew it! Doog Bot ran away when asked what the real unemployment rate right now!!!!

    Lol 7am victory lap. Jfc.
    I’m just surprised you would make a claim then run away from explaining how you came to that conclusion. Well…not really.
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    HuskyBuck said:

    UW_Doog_Bot said:

    HuskyBuck said:

    I knew it! Doog Bot ran away when asked what the real unemployment rate right now!!!!

    Lol 7am victory lap. Jfc.
    I’m just surprised you would make a claim then run away from explaining how you came to that conclusion. Well…not really.
    Adhd confirmed. See above. I've answered the question and cited the BLS numerous times.

    Kids that can't read good and stuff.
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  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,642 Founders Club
    Refresh my memory…if the current unemployment rate isn’t 3.5 as reported by the BLS….whats the exact number?
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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    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%?

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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,308 Founders Club
    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.
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    UW_Doog_Bot said:

    UW_Doog_Bot said:

    HuskyBuck said:

    UW_Doog_Bot said:

    WestlinnDuck said:

    Labor participation rate is still down since January 2020 and not trending well. Couldn't find a chart on the Sugar Bowl participation rate which is the gold standard of course for the status of the economy.


    Same game as under Obama.

    The unemployment rate is so low! If you don't count all the people who are long term unemployed.
    So is Labor Participation up since January 2021? According to that chart it looks like its trending upwards just like it was doing under Trump.

    Here's what Labor Participation rate did from when Trump was in office, to Janurary 2020 which was right before pandemic hit

    Trump:
    Jan 2017. - 62.8
    Jan 2020 - 63.3

    Biden:
    Jan 2021 - 61.5
    Now - 62.5


    This is why I call you Oregon fans dumb as dirt. You can't intrepret a chart.

    So about 3 million less participants in total. Which means true unemployment is actually somewhere around 7%.

    Something Something dumb as dirt.
    I did that math off the cuff in my head.



    https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.bls.gov/news.release/pdf/empsit.pdf&ved=2ahUKEwjDj9jTzuyDAxUkMEQIHU8cDiMQFnoECDYQAQ&usg=AOvVaw0El9HPDNwCkjhZ_HvoSxIU

    Come get some.

    Also, lulz, about that trend.



    Fucking love it when tug smooth brains want to wrastle economics with me.

    5.7 million long term unemployed(which aren't counted in your 3.5% number).

    As opposed to 2019 there being 1.2 million...

    https://www.bls.gov/opub/mlr/2020/article/job-market-remains-tight-in-2019-as-the-unemployment-rate-falls-to-its-lowest-level-since-1969.htm

    Do I need to explain this to you further?
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,569 Founders Club
    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,

    2023: 3.5% short term + 3.5% long term ~ 7% total

    As opposed to

    2019: 3.5% short term + 0.7% long term ~ 4.2% total

    I'm rounding some significant numbers but doing this on my phone.

    Happy to break it out more exactly from BLS when not at work.
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