ThomWV reports on unemployment

[CC27]

ThomWV Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Sat Sep-10-11 02:52 PM
Original message
A new and more accurate way to report the monthly change in unemployment
   
Every month the unemployment rate is announced and what the change was, if any, between the current month and the preceding month. So in a typical report it might be said that' Unemployment is down to 9% and that jobs are up by 200,000 from last month.' or something similar. In any even if unemployment is down the President takes credit for it and if unemployment is up the President is criticized severely for it.

But if you've paid attention to the report lately you've probably noticed that what they report is the increase or decrease in "private sector' jobs and more often than not that number is eclipsed by layoffs in the Government sector, primarily from the Republican Governors. It was noticing that little tidbit that led me to think of a better way to describe the monthly changes in employment. Here is an example of how I think it should be reported:

"Unemployment increased to 10% during the month of August. Though the President was successful in adding 215,000 new private sector jobs unfortunately the Republican Governors laid off 261,000 employees during the month for a net loss of 46,000 jobs."

I think reporting it like this would better inform the public.

Blah blah blah blah

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1913724

[franksolich]

"Unemployment increased to 10% during the month of August. Though the President was successful in adding 215,000 new private sector jobs unfortunately the Republican Governors laid off 261,000 employees during the month for a net loss of 46,000 jobs."

The mountain man primitive, who like all men nightly pitches his tent one day's march nearer the mausoleum, is getting witty in his old age. 

I guess.

[Carl]

Good God they are stupid.

[BlueStateSaint]

The mountain man primitive, who like all men nightly pitches his tent one day's march nearer the mausoleum, is getting witty in his old age. 

I guess.

He's half-witty; I'll give him that.

[I_B_Perky]

He's half-witty; I'll give him that.

That is giving that stupid nitwit dummy way too much credit... and disses half-wits everywhere.   

[BlueStateSaint]

That is giving that stupid nitwit dummy way too much credit... and disses half-wits everywhere.   

 

H5 for "hoisting me on my own petard," so to speak.

Witless, then.

[miskie]

Blah Blah Blah...  It's Bush's Fault. ®