tag:blogger.com,1999:blog-2807403883562053852.post7593741760423172044..comments2024-03-27T08:40:31.785-06:00Comments on Clayton Cramer.: The Lies The Media Is Peddling About UnemploymentClayton Cramerhttp://www.blogger.com/profile/03258083387204776812noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2807403883562053852.post-31151197614644651992015-02-07T19:29:34.486-07:002015-02-07T19:29:34.486-07:00Yes, I've seen the graphs. I'd like to see...Yes, I've seen the graphs. I'd like to see a more serious breakdown, though. The total change is only 3% units (about 5.5% of the index), after all.<br /><br />I know that if Obamacare had offered me the chance to have coverage, I'd have probably become a part time consultant 7 years before I actually did (when I could get Medicare).<br /><br />Also, note that the labor participation rate is higher than many of the best years in the American economy - all of the 50's and 60's.<br /><br />So I am not that sure of what this is supposed to be telling us.<br /><br />I think a far better issue to highlight is the erosion of white male middle class jobs. That is a very nasty trend.StormCchaserhttps://www.blogger.com/profile/02998174514362089471noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-30745933700521174242015-02-07T12:55:34.676-07:002015-02-07T12:55:34.676-07:00Storm chaser, you can look up, at the labor depart...Storm chaser, you can look up, at the labor department website, the "labor force participation rate", which counts only people between 16 and 64, and has age breakdowns if you don't want to count changes in the number of people who are in school.<br /><br />Look at the charts broken down by sex, too, because women's participation in the paid workforce varies more due to non-economic factors than men's, and economic factors have different impacts. (If the cost of daycare goes up because daycare work is paid more, fewer women will work, for example.)Anthonyhttps://www.blogger.com/profile/12389602137217799305noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-90941606689809146822015-02-06T13:57:09.547-07:002015-02-06T13:57:09.547-07:00Unknown is right - the LSM would be highlighting t...Unknown is right - the LSM would be highlighting the falling participation rate, not the failing unemployment rate, if the GOP held the White House. Remember the so-called 'jobless recoveries' under Bush Sr and Jr?Christopher Bhttps://www.blogger.com/profile/00396671757183163171noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-55971098561007220582015-02-05T21:55:08.501-07:002015-02-05T21:55:08.501-07:00This is true, but I see another lie from the right...This is true, but I see another lie from the right (and I am on the right): that all of the decrease in work force participation is due to negative forces.<br /><br />In fact, some of it is due to the increased percentage of retired folks. <br /><br />A little bit of it is due to folks who were working only to pay for health insurance, but now can not work since we, the taxpayers, are making sure they will be insured.<br /><br />I would like to see the real statistics - workforce participation rate only of those who actually want work, whether they are actively seeking it or not.StormCchaserhttps://www.blogger.com/profile/02998174514362089471noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-19394065490491156242015-02-04T11:05:49.022-07:002015-02-04T11:05:49.022-07:00No, they will continue the Big Lie until a Republi...No, they will continue the Big Lie until a Republican is elected President. Then 5.6% unemployment will be too high, and the 'not counted' unemployment will be highlighted instead of hidden.Unknownhttps://www.blogger.com/profile/06361125848729377343noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-58917730430650609562015-02-04T10:59:24.644-07:002015-02-04T10:59:24.644-07:00Of course, this "big lie" is not just tr...Of course, this "big lie" is not just true of Obama's unemployment statistics. It has been true for decades now. So the 5.6 figure can be properly compared to other years. Or so it seems to me.asdfhttps://www.blogger.com/profile/10270615751004712276noreply@blogger.com