New Comments from Gallup CEO: Number of Full-Time Jobs as Percent of Population Is Lowest Ever

"Ask and ye shall receive." Matthew 7:7. Today he doubled down on his previous comments and stated, "The Number of Full-Time Jobs as Percent of Population Is Lowest It’s Ever Been." Here it is in video, (for our lazy non-reading members, and you know who you are.)
https://www.youtube.com/watch?feature=player_embedded&v=CTRAibMiLZ8
Comments
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http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website. -
Only been around four years? Just like "The hottest year on record" when the "record" was started by Bill Clinton? Or "Oregon is the greatest football team in history", when "history" started 10 years ago?2001400ex said:http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website.
Interesting...
So how can the 5.6% unemployment rate be the "lowest in history" (or whatever), when the government just started measuring it this way last week? -
Except the unemployment calculation hasn't changed in a long time. But you know that. Who said unemployment was the lowest in history? Lold2d said:
Only been around four years? Just like "The hottest year on record" when the "record" was started by Bill Clinton? Or "Oregon is the greatest football team in history", when "history" started 10 years ago?2001400ex said:http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website.
Interesting...
So how can the 5.6% unemployment rate be the "lowest in history" (or whatever), when the government just started measuring it this way last week? -
Statistics... But I realize those are way over your head.2001400ex said:
Who said unemployment was the lowest in history? Lold2d said:
Only been around four years? Just like "The hottest year on record" when the "record" was started by Bill Clinton? Or "Oregon is the greatest football team in history", when "history" started 10 years ago?2001400ex said:http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website.
Interesting...
So how can the 5.6% unemployment rate be the "lowest in history" (or whatever), when the government just started measuring it this way last week?
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History just started with Obama. Don't you know that?2001400ex said:
Except the unemployment calculation hasn't changed in a long time. But you know that. Who said unemployment was the lowest in history? Lold2d said:
Only been around four years? Just like "The hottest year on record" when the "record" was started by Bill Clinton? Or "Oregon is the greatest football team in history", when "history" started 10 years ago?2001400ex said:http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website.
Interesting...
So how can the 5.6% unemployment rate be the "lowest in history" (or whatever), when the government just started measuring it this way last week?
BTW, Obama has changed the calculation plenty. That's how he drove the pesky number down. You're obviously either not paying attention, never found your statistics class in Kane Hall, or are just stupid. -
Except you are full of shit.d2d said:
History just started with Obama. Don't you know that?2001400ex said:
Except the unemployment calculation hasn't changed in a long time. But you know that. Who said unemployment was the lowest in history? Lold2d said:
Only been around four years? Just like "The hottest year on record" when the "record" was started by Bill Clinton? Or "Oregon is the greatest football team in history", when "history" started 10 years ago?2001400ex said:http://www.gallup.com/poll/172046/payroll-population-rate-rises-june.aspx.
"The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, continued to climb in June. The percentage of Americans employed full time for an employer last month, 45.0%, is up from 44.5% in May and ranks as one of the highest rates since tracking began in January 2010."
Except it's only been around since January 2010. From his own website.
Interesting...
So how can the 5.6% unemployment rate be the "lowest in history" (or whatever), when the government just started measuring it this way last week?
BTW, Obama has changed the calculation plenty. That's how he drove the pesky number down. You're obviously either not paying attention, never found your statistics class in Kane Hall, or are just stupid. -
Honda gets his news from the truth not the crap your masters give you
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Brian Williams classy guy with a smokin hot daughter.
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jecornel said:
Brian Williams classy guy with a smokin hot daughter.
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Did you just figure this out d2d? There's a whole lot of stats just like it in case you didnt notice.
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Saw an animated gif of his daughter getting her butthole eaten out, can you say motorboat?
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I notice plenty...puppylove_sugarsteel said:Did you just figure this out d2d? There's a whole lot of stats just like it in case you didnt notice.
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Yes, and we all know Romney would have brought that number down right?... both parties love big government they only differ in a couple wedge topics..no difference between parties... Obama has no qualms with bombing and killing... just just his kill list Tuesday meeting and his jsoc program. The dude loves drones and covert kill missions...d2d said:
I notice plenty...puppylove_sugarsteel said:Did you just figure this out d2d? There's a whole lot of stats just like it in case you didnt notice.
checkout the documentary Dirty Wars outstanding film. Its on Netflix I believe. -
You clearly get your news from comics. That says something.d2d said:
I notice plenty...puppylove_sugarsteel said:Did you just figure this out d2d? There's a whole lot of stats just like it in case you didnt notice.
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Ronald Reagan fiddled the unemployment number via the military.
Politicians are like an offensive coordinator finding wrinkles to confuse the defense.
The difference? Under Reagan the economy was adding jobs and recovering at a faster rate than it is today.
Underemployment is a major issue. Lots of people who don't take jobs because unemployment is a better option. There is also a spike in disability.
WSJ had an article above the fold about jobs starting to heat up.
So we will either pull out of this, or we won't. Either way it will be interesting. -
Well the Seattle economy is solid...all of our clients business is way up, spending up and adding staff... 2014 was a great year... virtually all my friends doing big family vacations, buying new homes, traveling abroad... my buddy in Beijing can't hire fast enough... my bosses are vacationing in Europe, went to the super bowl, fishing, going to Hawaii, Mexico but still find time to blast Obama for such a horrible economy... they are small business owners but like democrats they can't be happy about anything... everything sucks..both parties are pretty much gloom and doom about everything... living on golf courses and belonging to country clubs and driving luxury SUV's still isn't enough... oh and 20 year season ticket holders to seahawks and huskies and life is shitty because of Obama.
Nobody cares about minimum wagers, except for Romney and Fox news all of the sudden...
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Seattle is a unique place with a diversified economy now (especially compared to the 70's) so its hardly representative of the country as a whole.
The Obama economy has been great for me...my equity portfolio has been juiced by the various QEs, the house I purchased in late 2011 has increased in nominal value by 25%, and the diamond engagement ring I also purchased for my now wife in early 2011 is worth significantly more as well.
But if you have just been scraping by the last 6 years, your purchasing power has eroded and wage gains haven't kept up with the cost of living. That's even with a full-time job while ObamacareFS deems anyone working 30 hours or more as a full-time worker so companies naturally hire two 25 hour per week workers rather than hire one full-time worker so as to avoid the regulations. So measuring the U-3 unemployment rate is FS since U-6 is a much more accurate measurement of people struggling to make ends meet (rather than what the top 10-25% of the country are doing):
image.slidesharecdn.com/p150207unemployment-150207131342-conversion-gate02/95/us-private-sector-job-growth-at-fastest-pace-since-dotcom-boom-5-638.jpg?cb=1423336540
But what concerns me most is that a continuously growing government trying to solve every problem or crisis leads to Big Government, corruption, and malinvestment. We've seen it with the tech bubble, health care costs soaring, the housing bubble, the student debt bubble, and perhaps another bubble in the equity markets. What's also terrible is that the bigger government becomes, the economic multiplier of Federal Spending decreases since Federal Spending as a percentage of GDP is already abnormally high yet Obama wants to double down on Big Government, at least according to his recent budget proposal (which is partly a political document providing cover for Big Government Dems running for national office in 2016). Please note that I never voted for George W. either and I'm glad I never did because he was really a Big Government politician (even going so far as to wade into the Terry Schiavo mess).
Speaking of Big Government, I love this quote at the end of this article:
"I may not speak for many other upper-middle-class types, but I’ll tell you what: I’m happy to have the government spend less on me if I know it’s spending less altogether and is directing what money it does spend to people who need it more than I do. But if you’re simply talking about raising taxes in order to maintain the bloated status quo plus a bunch of new programs, count me out. That’s not because I’m selfish. It’s because I’m not stupid."
thedailybeast.com/articles/2015/02/06/to-the-barricades-brooklyn-yuppies.htmljecornel said:Well the Seattle economy is solid...all of our clients business is way up, spending up and adding staff... 2014 was a great year... virtually all my friends doing big family vacations, buying new homes, traveling abroad... my buddy in Beijing can't hire fast enough... my bosses are vacationing in Europe, went to the super bowl, fishing, going to Hawaii, Mexico but still find time to blast Obama for such a horrible economy... they are small business owners but like democrats they can't be happy about anything... everything sucks..both parties are pretty much gloom and doom about everything... living on golf courses and belonging to country clubs and driving luxury SUV's still isn't enough... oh and 20 year season ticket holders to seahawks and huskies and life is shitty because of Obama.
Nobody cares about minimum wagers, except for Romney and Fox news all of the sudden... -
Yes, government has proven to cause more problems than solve problems....growing government is not the answer.
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Except that's a lie. Obamacare is based on full time equivalent employees, so 2 25 hour employees is not 0 full time employees, it's equivalent to 1 50 hour employee, which is more than one full time employee. There's a calculation for this.HFNY said:That's even with a full-time job while ObamacareFS deems anyone working 30 hours or more as a full-time worker so companies naturally hire two 25 hour per week workers rather than hire one full-time worker so as to avoid the regulations.
For a message board full of people who supposedly went to college, there's stupid shit said on here. -
"Gallup CEO: I May “Suddenly Disappear” For Telling Truth About Obama Unemployment Rate (Video)" CNBC2001400ex said:
Except that's a lie. Obamacare is based on full time equivalent employees, so 2 25 hour employees is not 0 full time employees, it's equivalent to 1 50 hour employee, which is more than one full time employee. There's a calculation for this.HFNY said:That's even with a full-time job while ObamacareFS deems anyone working 30 hours or more as a full-time worker so companies naturally hire two 25 hour per week workers rather than hire one full-time worker so as to avoid the regulations.
For a message board full of people who supposedly went to college, there's stupid shit said on here.
thegatewaypundit.com/2015/02/gallup-ceo-i-may-suddenly-disappear-for-telling-the-truth-about-obama-unemployment-rate-video/ -
Death with more meaningless posts.d2d said:
"Gallup CEO: I May “Suddenly Disappear” For Telling Truth About Obama Unemployment Rate (Video)" CNBC2001400ex said:
Except that's a lie. Obamacare is based on full time equivalent employees, so 2 25 hour employees is not 0 full time employees, it's equivalent to 1 50 hour employee, which is more than one full time employee. There's a calculation for this.HFNY said:That's even with a full-time job while ObamacareFS deems anyone working 30 hours or more as a full-time worker so companies naturally hire two 25 hour per week workers rather than hire one full-time worker so as to avoid the regulations.
For a message board full of people who supposedly went to college, there's stupid shit said on here.
thegatewaypundit.com/2015/02/gallup-ceo-i-may-suddenly-disappear-for-telling-the-truth-about-obama-unemployment-rate-video/
http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-Questions-and-Answers:-Determining-FTEs-and-Average-Annual-Wages
I know, I know, the Gallup CEO is clearly a more reliable source of information than the IRS website. -
My best friend is an IRS Treasury Agent. He would take the Gallup CEO over IRS.2001400ex said:
Death with more meaningless posts.d2d said:
"Gallup CEO: I May “Suddenly Disappear” For Telling Truth About Obama Unemployment Rate (Video)" CNBC2001400ex said:
Except that's a lie. Obamacare is based on full time equivalent employees, so 2 25 hour employees is not 0 full time employees, it's equivalent to 1 50 hour employee, which is more than one full time employee. There's a calculation for this.HFNY said:That's even with a full-time job while ObamacareFS deems anyone working 30 hours or more as a full-time worker so companies naturally hire two 25 hour per week workers rather than hire one full-time worker so as to avoid the regulations.
For a message board full of people who supposedly went to college, there's stupid shit said on here.
thegatewaypundit.com/2015/02/gallup-ceo-i-may-suddenly-disappear-for-telling-the-truth-about-obama-unemployment-rate-video/
http://www.irs.gov/uac/Small-Business-Health-Care-Tax-Credit-Questions-and-Answers:-Determining-FTEs-and-Average-Annual-Wages
I know, I know, the Gallup CEO is clearly a more reliable source of information than the IRS website.
"Surprise: IRS Re-hires Hundreds of Fired Employees, Including Confirmed Tax Cheats." Townhall
townhall.com/tipsheet/guybenson/2015/02/06/surprise-irs-rehires-employees-fired-for-cause-includingtax-cheats-n1953807