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James Quinn is a senior director of strategic planning for a major university. James has held financial positions with a retailer, homebuilder and university in his 22-year career. Those positions included treasurer, controller, and head of strategic planning. He is married with three boys and... More
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  • UNEMPLOYMENT NUMBERS ARE A FRAUD 2 comments
    Nov 6, 2009 09:14 AM

    More Bullshit from the government today. The unemployment rate of 10.2% is a fraud. People are leaving the labor force according to the US government in droves, so that keeps the rate lower. The facts are that 143,338,000 Americans were employed when Obama took office in January. Today, there are 138,275,000 employed. We have lost 5,063,000 jobs since Obama took office and he has the gall to say his stimulus package is working and creating jobs. We lost 589,000 jobs in October. The MSM will report the government manipulated much lower number.

    The old birth-death adjustment also added 86,000 more fake jobs in October. This government lie has added 793,000 fake jobs based on some ridiculous model. They truly believe you are all sheeple. They will continue to lie, mislead and use the MSM to convince you everything is OK. The fact is we have lost 7.8 million jobs since 2007 and many will never come back. Things are not all right. They get worse by the day.

       
      A-3.  Employment status of the civilian noninstitutional population by sex and age, seasonally adjusted

      (Numbers in thousands)
                                                                                                                                              
                                                                                                                                              
                                                  2008                                                2009                                    
             Employment status,                                                                                                               
                sex, and age                                                                                                                  
                                          Oct.    Nov.    Dec.    Jan.    Feb.    Mar.    Apr.    May     June    July    Aug.   Sept.    Oct.
                                                                                                                                                                                                                                                                                         
                    TOTAL                                                                                                                     
                                                                                                                                              
      Civilian noninstitutional                                                                                                               
       population (1).................. 234,612 234,828 235,035 234,739 234,913 235,086 235,271 235,452 235,655 235,870 236,087 236,322 236,550
       Civilian labor force............ 154,878 154,620 154,447 153,716 154,214 154,048 154,731 155,081 154,926 154,504 154,577 154,006 153,975
         Percent of population.........    66.0    65.8    65.7    65.5    65.6    65.5    65.8    65.9    65.7    65.5    65.5    65.2    65.1
        Employed....................... 144,657 144,144 143,338 142,099 141,748 140,887 141,007 140,570 140,196 140,041 139,649 138,864 138,275
         Employment-population ratio...    61.7    61.4    61.0    60.5    60.3    59.9    59.9    59.7    59.5    59.4    59.2    58.8    58.5
        Unemployed.....................  10,221  10,476  11,108  11,616  12,467  13,161  13,724  14,511  14,729  14,462  14,928  15,142  15,700
         Unemployment rate.............     6.6     6.8     7.2     7.6     8.1     8.5     8.9     9.4     9.5     9.4     9.7     9.8    10.2
       Not in labor force..............  79,734  80,208  80,588  81,023  80,699  81,038  80,541  80,371  80,729  81,366  81,509  82,316  82,575
        Persons who currently want a                                                                                                          
         job...........................   5,065   5,393   5,488   5,643   5,645   5,814   5,935   5,861   5,884   5,990   5,609   5,922   5,995

     

    SupersectorJanFebMarAprMayJunJulAugSepOctNovDec

    Mining & Logging

    -2211221211  

    Construction

    -79823384331-115115  

    Manufacturing

    -2866-877-943-7  

    Trade, Transportation, & Utilities

    -581017163021-5182026  

    Information

    -1470552-2501  

    Financial Activities

    -3385177-34514  

    Professional & Business Services

    -993616652825826549  

    Education & Health Services

    -1017-12513-56161933  

    Leisure & Hospitality

    -1935417677874324-33-36  

    Other Services

    -1456788-6430  

    Total Nonfarm Birth/Death Adjustment

    -356134114226220185321183486

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This post has 2 comments:

  •  
    My view is that unemployment is becoming a leading indicator. It is so if jobs don't come back. Also, I wish someone would look into the bogus spending numbers. It is reported that consumers are dropping billions in credit and yet it isn't reflected in the spending numbers. This seems like a joke.

    I noticed that Pres Obama doesn't have a smile much these days. I would say that his advisors are screwing with him and at some point he will say enough is enough. But does he have the balls to stop the Geithner giveaways, mole from the Fed that he is?
    Nov 06 09:45 PM | Link | Reply
  •  
    OUR GOVERNMENT IS MESSED UP WHAT'S NEW. $4,000 toilet seats, $1,500 hammers remember that. The usa is imploding all great nations fall from with in not from out side invasions . But the greedy few rich i mean billion airs not million airs .are taking over big brother cant be far behind.
    Dec 05 01:41 AM | Link | Reply
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