Draggingtree Posted March 7, 2015 Share Posted March 7, 2015 Flopping Aces: February Payrolls Surge! Nyuk, nyuk, nyuk! By Curt Fri, Mar, 6th, 2015 “February Payrolls Surge To 295K, Smash Expectations Of 235K, Unemployment Rate Drops To 5.5%” Everything is great ya all! But hidden in the report is the fact that a massive 354,000 people left the labor force in February. and: “Americans Not In The Labor Force Rise To Record 92.9 Million As Participation Rate Declines Again” The labor force participation rate hovered between 62.9 percent and 62.7 percent in the eleven months from April 2014 through February, and has been 62.9 percent or lower in 13 of the 17 months since October 2013. Link to comment Share on other sites More sharing options...
Draggingtree Posted March 7, 2015 Author Share Posted March 7, 2015 Here’s What The Unemployment Rate Looks Like If You Add Back Labor Force DropoutsMARCH 6, 2015 By Sean Davis The Department of Labor announced today that the official unemployment rate fell to 5.5 percent last month, the lowest it’s been since Spring of 2008. Good news, right? Well, kind of. The official unemployment rate masks a problem that’s been plaguing the economy since shortly before the 2009 recession: a continuing decline in the labor force participation rate, which basically measures the percentage of the able-bodied population that’s either working or looking for work. After holding steady at roughly 66 percent from 2004 through late 2008, the labor force participation has been falling, and falling, and falling some more, with no end in sight. http://thefederalist.com/2015/03/06/heres-what-the-unemployment-rate-looks-like-if-you-add-back-labor-force-dropouts/ Link to comment Share on other sites More sharing options...
Draggingtree Posted March 7, 2015 Author Share Posted March 7, 2015 Saturday, 07 March 2015 Latest Jobs Report Deceptive; Jobs Exported OverseasWritten by Bob Adelmann The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the rear view mirror, and receding. The unemployment rate in February dropped to 5.5 percent, lower than economists were predicting, while job growth added nearly 300,000 jobs, pushing the streak of gains of 200,000-plus new jobs per month out to a full year, the longest such streak since 1995. The news caused stocks to lose more than one percent of their value, as Wall Street expected the robust numbers to hasten the day when the Fed would increase interest rates, potentially slowing the sluggish economy even further Investors needn’t worry: Friday’s report was a head-fake. http://www.thenewamerican.com/economy/markets/item/20312-latest-jobs-report-deceptive-jobs-exported-overseas Link to comment Share on other sites More sharing options...
Draggingtree Posted April 3, 2015 Author Share Posted April 3, 2015 The Jobs ReportJohn Steele Gordon | @steelegordon04.03.2015 - 10:05 AM The unemployment picture darkened unexpectedly last month, with a mere 126,000 jobs created, the smallest job gain since December 2013. Economists had been expecting about 250,000. January and February jobs figures were revised downwards. January went from 239,000 to 201,000 and February’s from 295,000 to 264,000. The average for the last three months is 197,000, way down from the average of 324,000 in the last three months of 2014. https://www.commentarymagazine.com/2015/04/03/the-jobs-report-27/ Link to comment Share on other sites More sharing options...
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