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Thread: 335K more jobs for this "rotten" economy

  1. #1

    335K more jobs for this "rotten" economy

    [url=ftp://ftp.bls.gov/pub/news.release/History/empsit.04062007.news] source [/url]

    Let's see, 146.3 million employed? That's 12.8 million more than at the end of the Clinton recession in Jan '02.

    And 1.2 million more than the labor force grew.

    Yup, W's economy sucks! :rolleyes: :rolleyes:

  2. #2
    [QUOTE=asuusa][url=ftp://ftp.bls.gov/pub/news.release/History/empsit.04062007.news] source [/url]

    Let's see, 146.3 million employed? That's 12.8 million more than at the end of the Clinton recession in Jan '02.

    And 1.2 million more than the labor force grew.

    Yup, W's economy sucks! :rolleyes: :rolleyes:[/QUOTE]

    Does this take into consideration the multiple-millions of illegal/undocumented foreign nationals currently working in America?

  3. #3
    employement numbers in general are a joke. the IEC employment standards result in higher but more legitimate numbers. Im supoosed to believe that just because someone stopped looking for a job they are not unemployed?

  4. #4
    [QUOTE=bitonti] Im supoosed to believe that just because someone stopped looking for a job they are not unemployed?[/QUOTE]

    Why not?

    You believed it during the Clintonista Administration....

  5. #5
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    [QUOTE=bitonti]employement numbers in general are a joke. the IEC employment standards result in higher but more legitimate numbers. Im supoosed to believe that just because someone stopped looking for a job they are not unemployed?[/QUOTE]


    you are confusing the non farm payroll report with the unemployment rate. I believe asuusa was talking about nonfarm payrolls

    I havent looked up the data recently but I believe the labour participation rate is higher now too. Ill research that and get back to everyone here

  6. #6
    [QUOTE=Warfish]Does this take into consideration the multiple-millions of illegal/undocumented foreign nationals currently working in America?[/QUOTE]

    I don't know, but if they're included in data from employers used for these stats, then probably so!

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