Tweet
Originally posted by Caligastia
4.8 percent! The horror! We are surely headed for disaster!
4.8 percent! The horror! We are surely headed for disaster!
-
The unemployment rate is a lagging economic indicator. Do you know what that means pot head?!
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
That we aren't in a recession yet?I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
-
That we haven't been yet.Originally posted by DinoDoc
That we aren't in a recession yet?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
-
Re: Unemployment is Down!
Calculating the unemployment rate by comparing the number of people without a job but still looking for one, to the overall population in the labour market (disregarding those outside the labour force) is a method that:Originally posted by Oerdin
Nothing shows how our current unemployment number has been rigged by the politicians better then when tens of thousands of jobs are lost but the official figure claims unemployment went down.
But the good times are rolling, right?
- has been in use for aeons
- has been in use all over the world
- has just as often created situations in which both the employment and unemployment rates paradoxically went up instead of downDISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
-
Some guy from the Fed was testifying yesterday that the US was looking at six months of "negative growth." But -- even though 2 quarters of negative growth is the definition of "recession" -- he didn't use the R-word.Originally posted by DinoDoc
That we aren't in a recession yet?
Comment
-
Seasonal factors are adjusted for in the headline figures, remember?Originally posted by snoopy369
It will be interesting to see what happens as it gets warmer (April+ numbers) to construction jobs. Many areas of the country don't have much new home construction during the cold months, EXCEPT during boom times; but once April, and really May, hit, those numbers will be very telling.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
-
Leading indicators have been down for 5 months. That's very rare.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
-
Yes, but that factor wouldn't be effectively adjusted (the fact that an unseasonal number of home construction occured in the past, and that is no longer the case). Seasonal adjustments are just weighting factors, they can't effectively deal with large extremes (particularly, large extremes that were the norm for the five years or whatever of the housing boom).
I'm saying that in a housing boom, the number of home constructions during January-March is much higher than during a housing lull, by a much larger amount than the difference in home constructions during summer (when it is preferred to do the work, cheaper, etc.)
Also, other construction jobs (such as road construction) often is limited to the spring-fall months (in cold areas), and that can impact employment quite significantly when there is excess labor (ie, there will be an increase in non-home construction work to partially counterbalance the loss in home construction) - but the question is, will it help by enough (probably not, but maybe by more than we think). Another factor that wouldn't make it into seasonal calculations necessarily.<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
-
We haven't even had 2 quarters yet.Originally posted by Zkribbler
Some guy from the Fed was testifying yesterday that the US was looking at six months of "negative growth." But -- even though 2 quarters of negative growth is the definition of "recession" -- he didn't use the R-word.
I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
Comment