On 05/08/2011 12:19 PM, Eisboch wrote:

wrote in message
...
On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote:

I am not very good at math.

Can someone explain that how adding 117,000 new jobs/mo (good news)
when it
takes 157,000 or more/mo to keep up with the population growth causes
the
unemployment rate to *drop*?

Clearly. It's better than 18K jobs added or even a negative number. I
guess you don't remember the US bleeding 700K jobs per month during
the last part of the Bush admin/beginning of the Obama admin.

I understand that. I didn't understand how 117K/mo of new jobs lowered the
official unemployment rate if it takes at least 157K/mo of new jobs just to
stay even.

However, someone else gave a plausible explaination. The government only
counts
people who are actively looking for jobs. Those that aren't or gave up
are not
counted.

In other words : Fuzzy math.

Yep. I still count people unemployed for a year and still pounding out
resumes with no luck. A lot of people giving up, sad.

I would not doubt real unemployment without the fleabagger bull**** is
over 20%. And it is going to get higher. Freaking fleabaggers don't
realize Bernanke inflation is causing unemployment.

If a person earns/spends 20 units of stuff, 5% inflation be it food
costs or civic/state/fed taxes is next month 19 units....1/20th less
need for employment. The hidden costs of inflation.

Bernanke needs to stop his electronic counterfeiting (QE) as really it
is an inflationary tax on the worlds reserve currency. People are
catching onto this fraud.

Debts need to balance up and pay a fair rate. But hey, I profited today
in cherry picking some good stocks tha have already returned gains.
Lots of weak bottoms today.

--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.