What is?

[RobGMN Premium Member]

If I remember, V was a show with alien visitors who were actually lizard people under the guise of being humanoid. I remember watching it in the 80's

Yep. With Freddy Krueger as a nice lizard.

 

[ThxOne Premium Member]

“Social Economics”?
Dude, you think the metrics of the economy are being “faked” to make Trump look bad.
If you read a single paragraph of a single book on the economy, you’d know how utterly stupid that sounds.

Regardless, please tell us how people simply going back to work after a short layoff drops the unemployment numbers lower than they were under Trump, and to the lowest point in 50 years.

Short layoffs? How long do you think the COVID thing kept people out of work? Days? Weeks?

 

[ThxOne Premium Member]

Yep. With Freddy Krueger as a nice lizard.

And the Beastmaster.

 

[Jimi77 Premium Member]

“Social Economics”?
Dude, you think the metrics of the economy are being “faked” to make Trump look bad.
If you read a single paragraph of a single book on the economy, you’d know how utterly stupid that sounds.

Regardless, please tell us how people simply going back to work after a short layoff drops the unemployment numbers lower than they were under Trump, and to the lowest point in 50 years.

Inflation is drastically understated. There is no basis for comparison. Trump ended up inheriting a pandemic economy and Biden is the guy that has to deal with the aftermath of a pandemic economy.

 

[RobGMN Premium Member]

Short layoffs? How long do you think the COVID thing kept people out of work? Days? Weeks?

Yes. Short term. As in “not permanent”.
The jobs still existed, to be reoccupied.

Those spots were filled again, and new jobs allowed even more people to go to work.
This would be necessary for unemployment to drop lower than it was under Trump (pre-pandemic).

 

[RobGMN Premium Member]

And the Beastmaster.

Just don’t look at any current pics of the hot women of the show.
Time is a bltch

 

[ThxOne Premium Member]

Yes. Short term. As in “not permanent”.
The jobs still existed, to be reoccupied.

Those spots were filled again, and new jobs allowed even more people to go to work.
This would be necessary for unemployment to drop lower than it was under Trump (pre-pandemic).

Are you counting these internet "jobs" as "jobs"... like content creators, pod cast, streamers and the like?

Also, just because unemployment may have been higher under Trump does not mean the jobs weren't there. It means these people just didn't work them for whatever reason. Doesn't mean that Biden created more jobs, it may just mean these lazy people ran out of assistance and had to find work.

 

[RobGMN Premium Member]

Are you counting these internet "jobs" as "jobs"... like content creators, pod cast, streamers and the like?

Also, just because unemployment may have been higher under Trump does not mean the jobs weren't there. It means these people just didn't work them for whatever reason. Doesn't mean that Biden created more jobs, it may just mean these lazy people ran out of assistance and had to find work.

I’m not counting anything. It’s the Bureau of Labor and Stats.

I would guess that an income earned and taxes paid equals a “job” regardless of what the task is that is performed. Under the table work is likely not counted.

You’re fabricating an explanation for the unemployment rates that has not been posited by anyone in the community of economy analysis.
What information are you using to support this explanation, and how does it explain more people employed than had been laid off as a result of the pandemic?

 

[ThxOne Premium Member]

I’m not counting anything. It’s the Bureau of Labor and Stats.

I would guess that an income earned and taxes paid equals a “job” regardless of what the task is that is performed. Under the table work is likely not counted.

You’re fabricating an explanation for the unemployment rates that has not been posited by anyone in the community of economy analysis.
What information are you using to support this explanation, and how does it explain more people employed than had been laid off as a result of the pandemic?

So you have no idea what their guidelines are or what they are counting you are just blindly accepting the end numbers without question? Which is what you have said you do when it comes to government and numbers they give.

Why would you say I am fabricating an explanation? Would it not stand to reason that if a mother of 4 nearly adult teenagers died from COVID her kids would now have to work, adding to the workforce? That is not a created job by Biden so he did nothing there. How many times do you think this happened when a provider died from COVID and the ones being provided for now had to become adults and or had to provide for themselves? It is a logical and likely scenario and that is just one. I am sure there are other reasons people added to the workforce like simply becoming old enough to work.

1,118,000 est. dead from COVID-19 in America. I'd say the chances are pretty good that these survivors added to the workforce. If Biden is saying he created these jobs it would stand to reason that he is admitting fault for COVID.

 

[RobGMN Premium Member]

So you have no idea what their guidelines are or what they are counting you are just blindly accepting the end numbers without question? Which is what you have said you do when it comes to government and numbers they give.

Why would you say I am fabricating an explanation? Would it not stand to reason that if a mother of 4 nearly adult teenagers died from COVID her kids would now have to work, adding to the workforce? That is not a created job by Biden so he did nothing there. How many times do you think this happened when a provider died from COVID and the ones being provided for now had to become adults and or had to provide for themselves? It is a logical and likely scenario and that is just one. I am sure there are other reasons people added to the workforce like simply becoming old enough to work.

1,118,000 est. dead from COVID-19 in America. I'd say the chances are pretty good that these survivors added to the workforce. If Biden is saying he created these jobs it would stand to reason that he is admitting fault for COVID.

Yes, I "blindly" accept what they do. Just like you "blindly" accept that you are filling your car's tank with gas and not water when you go to the pump. Just like you "blindly" accept that you're getting a beef burger and not a shit sandwich when you go to Sonic for dinner. Just like you "blindly" accept you're getting acetaminophen and not starch when you take that Tylenol.

The bureau has a budget of $655 million, and a staff of 2,500 to compile and report all the data they have, and have been in operation since 1884. Unless you or anyone else can provide a good reason not to believe the numbers, I will accept them. It's a logical thing to do, unless you personally have some magical power and can question and research everything that happens in your world before you believe it.

DO you have a reason to disbelieve? HAVE you done studies that prove them wrong? DO you have evidence of falsification of stats by the bureau within the last 138 years? DO you have 5,200,000 man-hours a year just to check the work of the one bureau? Do you have even more to check the gas supply chain all the way to the pump you go to? How about the beef supply chain to Sonic? Chemical analysis on that Tylenol?
Or, are you still working on fire and gravity before you move on to the more modern stuff?

If you're going to say you question everything, then tell us how you actually do your process. If you don't have a process and don't actually question and test everything for truth, then don't play that card. It's a childish play and can only backfire.


I say you're fabricating an explanation for the job increases because you toss out one of the old "lazy welfare recipients" standards that people love to trot out without any backing argument whatsoever. Christ, I'm STILL hearing about welfare recipients "waving their checks in people's faces", when they haven't done checks in decades.
WHAT is your basis of explanation that welfare recipients just decided to go back to work? Did you read it in the news? Did you do a study? How many people in what locations gave you info?

HOW would your theory explain that MORE people went back to work than were put out of work by COVID? More people back to work than in a 50-year span? Do you suggest the job openings have been there waiting for 50 years and are just finally getting filled because people "lost their welfare"?
That's like saying you went to get gas and one day put 30 gallons in your tank when you've run it dry in the past and only were ever able to put 27 gallons in. Where'd that extra space come from?
Why do YOU consider it a "likely" reason, but no one else has that theory?
What's your basis other than it COULD be something that happens?
In the case of more people going back to work than have been working, it would have to be new job openings that are getting filled.

This nor'easter we got COULD have been caused by a god who is angry and wants to punish a few people by hurting hundreds of thousands, but global warming is the far more likely culprit.

Other than saying it's among your stupidest premises yet, I'll simply ignore the "blame Biden for COVID" nonsense.

 

[spokey9 5,000+ posts]

You do realize they use a small sample size then extrapolate the number from there...it's far from precise...

 

[RobGMN Premium Member]

You do realize they use a small sample size then extrapolate the number from there...it's far from precise...

The US Census is not really that small of a sample size. Regardless, what you state would apply to data collected under all administrations. A level playing field.

Unless you're suggesting the US Census and the BoLS provide false data in order to make one party look better than another since 1947?

 

[spokey9 5,000+ posts]

Census data is only collected every few years...that data would be out of date fairly quickly for job/unemployment numbers every month

 

[RobGMN Premium Member]

Census data is only collected every few years...that data would be out of date fairly quickly for job/unemployment numbers every month

"The Bureau of Labor Statistics (BLS) obtains Consumer Expenditure Surveys (CE) Interview Survey and Diary Survey data by interviewing respondents about their expenditures, income, and characteristics. The U.S. Census Bureau selects the samples of household addresses and collects the data under contract with BLS."

"Each consumer unit (CU) at a sampled Interview Survey address remains in the sample for four quarters and is interviewed every 3 months. The sample of addresses for each quarter is divided evenly across three monthly panels and each address remains in the same monthly panel each quarter. For example, if an address is first included in the sample in the second month of a calendar quarter (e.g., February), then it will be in the sample in the second month of the following three quarters (e.g., May, August, November). Because the sample is based on address, the CU that is interviewed at the address may be interviewed up to four times. However, if the CU moves from the sampled address, that CU will no longer be interviewed. Any new CU moving into the address will be interviewed instead for whatever time remains for that address in sample."

Not just a single snapshot in time.

"A complete count of employment and wages is available, classified by industry and based on quarterly reports filed by employers for over 7 million establishments subject to unemployment insurance laws."

 

[RobGMN Premium Member]

Overview of BLS Statistics on Employment : U.S. Bureau of Labor Statistics

Overview of BLS Statistics on Employment

www.bls.gov

"Overview of BLS Statistics on Employment
Few economic data are as closely watched as measures of employment. The BLS programs listed here provide national totals of the number of employed people and also provide statistics on subjects such as occupational employment and wages, labor demand and turnover, and the dynamic state of the labor market."
"
National Employment (from the Current Employment Statistics survey)

A monthly survey of the payroll records of business establishments provides data on employment, hours, and earnings of workers at the National level.

State and Local Employment (from the Current Employment Statistics survey)

This monthly survey of business establishments provides estimates of employment, hours, and earnings for individual states and metropolitan areas.

State and County Employment (Quarterly Census of Employment and Wages)

A complete count of employment and wages is available, classified by industry and based on quarterly reports filed by employers for over 7 million establishments subject to unemployment insurance laws.

Employment and Worker Characteristics (from the Current Population Survey)

A monthly household survey provides comprehensive information on the employment and unemployment of the population classified by age, ***, race, and other characteristics.

American Indian Report

Biennial population and employment data for American Indians per the Indian Employment, Training and Related Services Consolidation Act of 2017.

Employment Projections

Estimates of the labor market 10 years into the future and other career information are available.

Job Openings and Labor Turnover Survey (JOLTS)

The JOLTS program provides monthly data on job openings, hires, and separations.

Employment by Occupation (Occupational Employment and Wage Statistics)

This survey provides annual data on employment and wages by occupation and industry for over 800 occupations and for about 400 industries throughout the nation, and similar data for all states and selected metropolitan areas.

Longitudinal Studies (National Longitudinal Surveys)

These surveys provide information about many aspects of the lives and labor market experiences of six groups of men and women at multiple points in time, some stretching over several decades.

Business Employment Dynamics

Quarterly data series of gross job gains and gross job losses statistics, generated from the Quarterly Census of Employment and Wages program.

Foreign Direct Investment

The U.S. Bureau of Labor Statistics and the Bureau of Economic Analysis have developed research data on employment, wages, and occupations for establishments that have at least one foreign owner with at least 10 percent ownership.

Employment Research

The Employment Research staff initiates, plans, and directs activities for improving the quality and enhancing the analytical usefulness of BLS employment and unemployment statistics.