http://www.bls.gov/
>Unemployment rate declines to 4.7% in May; payroll employment changes little (+38,000)
The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000). Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike.
So, how far will they make this shit up?
>>75965855
Easy they just won't report it and make some bs about how the weather is affecting this report.
>Gain 38k jobs missing target of 160k
>unemployment magically drops 0.3%
What
>>75965855
We were supposed to add about 168,000 jobs
we horribly failed to do so
now we've lost a cent of purchasing power against the euro
and a cent is a very huge amount when comparing currencies considering that you can scalp a ten thousandth of a cent all day every day
>>75966509
Just made $700 off the news.
>>75965855
http://www.bls.gov/
Job participation at 62.6%, the lowest since JUNE 1977
http://data.bls.gov/timeseries/LNS11300000
But, you know, black president and all that
>>75965855
What they don't tell you is that they stop counting people that have been unemployed for a certain amount of time.
Everything is going according to my plan.
>when the canadian autist hasn't started his shitposting tirade about the unemployment rate
>>75966223
See
>>75967255
This is how the government can brag about lowering unemployment. And there isn't even an accurate way to count those who are underemployed.
>>75966509
>We were supposed to add about 168,000 jobs
>supposed to
No you weren't. The market made a consensus that many jobs might have been created. The market was wrong, it wasn't the first time.
>>75965855
Do these figures include a measure of the quality of these jobs? i.e. they're not some minimum wage trash jobs?
>>75967635
No. It's any form of employment tied to an IRS employment id number.
>Figures come out this week showing Australian GDP grew 3.1% to the year
>Economists and PM shilling this figure as sign of growth
>Meanwhile income is down
>Tax base still weak as fuck and budgets still getting blown out despite "strong growth"
The next market crash is going to be worse than the depression
Shit's in decline and will only get worse
Any sign of a recovery in any western country is a complete facade to hide the dozen other statistics that all point towards doom
>>75967617
Fucking autist.
>>75967854
>>75967854
Scratch that.
It breaks it down by industry. "health care" is up but that literally could mean a janitor that works at a hospital.
"professional and business services" aka the industry I study for the gov is unchanged. Those are the real "office" jobs that college graduates would like.
Mining is down, but with the increase in gas prices, it'll be up next month.
>>75967934
Holy shit, we're really fucked aren't we?
>>75965855
Because statistics on the unemployment rate and statistics about net job creation are calculated using different methods and samples. It's not a secret or something
Fuck off with your conspiratard crap.
>>75968447
>>75968708
CODE BROWN
>>75965855
Who is that qt?
>>75969342
>>75969721
NOT HAPPENING
>>75969431
Don't know the name, but she is in the Mr. Peabody and Sherman movie.
We in trouble lads!
>>75965855
One thing they can't make up, is the anemic GDP growth, there is no getting around that with their smoke and mirrors.
>>75967934
My question is, what's going to be the catalyst to kick of the fireworks. Terrorist attack? Trump Presidency?
>>75970137
Bro, honest question, do you remember what the last GDP number was and the adjusted Q4 GDP number? I can't remember what they were but I don't think they were good.
>>75965855
Only socialism can deliver full employment, capitalism is designed to keep wages down.
>>75965855
Because the number they scream about doesn't count people who have been unemployed for a long time OR people who are working multiple jobs--so if we create 300 new jobs but 100 people are working the 300 part time jobs, we don't count that separately.
The numbers are bullshit. And this is all a ploy by the Fed to keep the goyim drunk on free money.
>>75970533
We're not concerned with full employment but fuck, we can't have 30-50% unemployment. Capitalism or not, more than 30% unemployment spells doom for any economic ideology.
>>75965855
do you and the rest of this forum even understand what you're talking about, or just quote something and put a disturbed looking picture next to it
>>75970996
We should be asking you this question. Well do ya? Do you believe 4.7% unemployment is correctly adjusted to truly convey the level of unemployed people? Do you also believe in the tooth fairy?
>>75971138
i believe this is a big orchestrated thread to convince le masses into buying something. would be more convincing if this didn't sound like an infomercial
>>75971204
Please tell me you're joking? Buy something? Where in the fuck did you get "go buy something". You sound like a government shill.
>>75969783
CAN'T WAKE UP
>>75970996
I understand that the real unemployment numbers is really about 13-14%, and that Black unemployment is around 33%. I understand that the government does a good job about sequestering the real facts to keep public backlash to a minimum.
>>75971391
you sound like a literal shill if you think anyone is buying this thread. this is the work of a severe autist trying to play off what he thinks normie conversations are like. it's very easy to see through and all i'm seeing is some friendless loser convinced he is pawning people en mass but in reality everyone can see the austistic chris chan behind all this
>>75970360
Q4 2015 GDP growth was .69%
The US has had 10 consecutive years of GDP growth under 3%, the last time growth was this slow was the Great Depression, wgen GDP was under 3% for four years, consecutively.
Though Obama can argue he inherited a bad economy, his policies have shown to be non-productive. Another huge indicator on how bad things are...is the rate business have been closing on Obama's watch, like no other time in our history.
>>75971569
TOP KEK. No response needed, your comment says it all.
>>75971787
who do you work for? is this a hobby of yours or a profession? did you have aspirations one day to orchestrate groupthink due to your failure to socially integrate?
>500k people stop looking for work
>only 38k hired
That global recession thats been going on for last 2-3 years is finally coming to our shores.
If unemployment starts going up again (an october surprise) in time for the election, america will turn to trump
>>75967255
Yep, those who were actively searching for a job in the last 3 months are included. Any government programs will automatically take you out of the stats
>>75971690
Thanks man. I knew the numbers were bad. Honestly, Obama could only argue about inheriting a bad economy, if his policies actually did something to help a recovery start. However, since that hasn't happened he done fucked up. The number of small businesses closing is astoundingly horrible.
>>75971401
NO BRAKES
>>75968708
>>75969342
>>75969783
>>75971401
>>75972372
It just goes to show that not only does our market goes to shit, but the majority of the global market as a whole goes to shit when a bad US Jobs report comes out.
>>75970533
>>75971900
And I work for alphabet soup by the way... I think you people forget we can see you.
>>75973536
>And I work for alphabet soup by the way
>And
did you forget you were posting on proxies? this is the first response to my post you made on this ID. nice slip up austist
>>75973626
lol... slipup... it was on purpose. Keep shilling the good shill.
How is King Dindu spinning the numbers?
>>75973941
King Nigger has been silent so far, but he usually doesn't emerge till later in the day, probably to leave for another vacation.
>>75974141
EVERYTHING IS FINE - SITUATION NORMAL
>>75970224
next big rate hike imo
>>75965855
Would ya?
![3459364_orig[1].png](https://i.imgur.com/212C9ez.png "3459364_orig[1].png")
>>75974369
ded cat bounce
>>75974498
>ya
>>75971138
>ya
;-))
>>75965855
There are 100 million unemployed americans. Trump said it. We've know it for years before anyone said it. This country hoards a fuck ton of money from other countries, but doesn't make proper systems for its citizens to get real descent jobs and not manual selfish bullshit retail jobs.
>>75965855
>So, how far will they make this shit up?
First thing Obama did when he became president was put the Bureau Of Labor Statistics under the Executive Branch. So he could control the propaganda.
>>75965855
If you arent on unemployment welfare you arent counted.
>>75965855
When government hides in lies and dishonesty, only injustice will prevail.
Just so the people in this thread have all the facts, there are 93 million people not working.
That's 28% of 320 million.
So you guys tell me, is the government lying about unemployment?
>>75977437
Always have always will. Things are bad after all.
95 million Americans out of the work force. Government reports %4.7 unemployment rate.
>>75979498
Also 95 million Americans doing nothing, we should keep our borders open for more migration says Obama.
