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Private Payrolls Rose by 344,000 in November, Beating Expectations

Discussion in 'American Politics' started by iluvatar5150, Dec 1, 2021.

  1. grasping the after wind

    grasping the after wind That's grasping after the wind

    +5,884
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    There were 4.2% of people willing to work that did not find jobs in November. How many people were unwilling to work and could therefore be called slackers cannot be determined in any way by the unemployment rate.
     
  2. grasping the after wind

    grasping the after wind That's grasping after the wind

    +5,884
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    I see an awful lot of things being a claimed about additions to payroll in this thread. They seem to contradict each other. If there is a reasonable explanation for these claims differing (say for instance they are measuring different things?) I would gladly be made aware of it.
     
  3. Pommer

    Pommer CoPcEtiC SkEpTic Supporter

    +5,173
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    In any society of note there will be people who, for one reason or another, do not seek outside employment. That’s a given. The “labor participation rate” (post #29), stands at 61.8%; those who are seeking a job are about 6M.
     

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  4. cow451

    cow451 The Most Interesting Poster in the Forum Supporter

    +21,660
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  5. cow451

    cow451 The Most Interesting Poster in the Forum Supporter

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    It’s the same way it’s calculated when a Republican is in office.
     
  6. cow451

    cow451 The Most Interesting Poster in the Forum Supporter

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    Getting back to topic, there are parents that found they could get by with one as a Stay at Home. There are people that have started or expanded side gigs which is better than working in low wage low satisfaction jobs. And a bunch of people retired, became disabled or died.

    It’s interesting how some conservatives whine about what close to “full employment “.
     
  7. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +28,469
    Agnostic
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    It's like they don't understand that when a Democrat government succeeds, it helps them as well...
     
  8. Hammster

    Hammster Citizen of Covidstan. Staff Member Site Advisor Supporter

    +22,667
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    I’m sure it is.
     
  9. Hammster

    Hammster Citizen of Covidstan. Staff Member Site Advisor Supporter

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    Even the ratings help prove it.
     
  10. SimplyMe

    SimplyMe Senior Veteran

    +6,555
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    The only nerve you struck is the one where people don't like hypocrisy. Again, I remember in 2016 Trump repeatedly talking about the "real unemployment rate" and that it was near 20%. Oddly, after Trump was in office that talk disappeared completely and Trump openly bragged about the low unemployment rate, that was not much lower than Obama's rates -- and never brought up that the "true unemployment rate" would still have been near 20% (if that statistic was actually true).

    The same was repeated here by Trump supporters, claims in 2016 about the "real unemployment rate" and in 2017 of how low unemployment was -- ignoring the claims that something like 15% were unemployed but not included in the official statistics. Now, suddenly a Democrat is in office again, with low unemployment rates, and we hear yelling about the "real unemployment rate." You seem to have admitted that you are using this as a political talking point, and not out of any real concern that the unemployment rate is actually higher than claimed.

    It is also interesting that you never provided any support for asking the question, even as you've been challenged for asking it. Instead, you have tried to make it about you, not anyone else -- my original comment was a general one about Trump supporters and you have pushed me to try and apply it to you in your subsequent responses.

    The fact is, what we are hearing tends to support that the official unemployment rate is actually relatively close to the "real" unemployment rate. What we know is that not only is the unemployment rate low but we have business owners who are talking about having to lower the job qualifications in order to find people to hire. From what I've seen, the US is near "full employment" (as economists calculate it), just like the official numbers would indicate.
     
  11. Hammster

    Hammster Citizen of Covidstan. Staff Member Site Advisor Supporter

    +22,667
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    Do you know how many threads about Obama and Trump I didn't comment on? I’d say easily 99%. So there’s no hypocrisy. I just had other things going on at the time.
     
  12. ewq1938

    ewq1938 Wise 2have humblepride but not PridefulHumbleness. Staff Member Supervisor Supporter

    +6,123
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    Some posts were removed. The thread needs to get back on topic and stop with all the personal type posts.

    stay on topic posts deleted.jpg
     
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