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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Labor Participation Rate Falls to 63.6%
Posted by:
WaPo
()
Date: December 07, 2012 11:28AM
Last month’s increase in the participation rate has been erased.
Slightly more Americans dropped out of the labor force in November, although the numbers were too tiny to draw hard conclusions. The participation rate dropped from 63.8 percent to 63.6 percent, essentially erasing last month’s small gains. That caused the unemployment rate to drop — since the official unemployment rate only looks at those who are actively seeking work — but it’s never a good sign. (For years, America’s labor force has been shrinking due to a combination of demographics and the bad economy.
Jobs numbers from previous months got revised downward.
Last month’s jobs report suggested that the economy had added 148,000 jobs in September and 171,000 jobs in October. That’s now been revised downward to 132,000 and 138,000, respectively. That means there were 49,000 fewer jobs in the past two months than we thought — which should temper some of the optimism about the headline number.
Slightly more Americans dropped out of the labor force in November, although the numbers were too tiny to draw hard conclusions. The participation rate dropped from 63.8 percent to 63.6 percent, essentially erasing last month’s small gains. That caused the unemployment rate to drop — since the official unemployment rate only looks at those who are actively seeking work — but it’s never a good sign. (For years, America’s labor force has been shrinking due to a combination of demographics and the bad economy.
Jobs numbers from previous months got revised downward.
Last month’s jobs report suggested that the economy had added 148,000 jobs in September and 171,000 jobs in October. That’s now been revised downward to 132,000 and 138,000, respectively. That means there were 49,000 fewer jobs in the past two months than we thought — which should temper some of the optimism about the headline number.
Re: Labor Participation Rate Falls to 63.6%
Posted by:
On the way!
()
Date: December 07, 2012 11:30AM
To zero. lol
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Mittens Having Kittens
()
Date: December 07, 2012 11:36AM
On the way! Wrote:
-------------------------------------------------------
> To zero. lol
That graph is 11 months old, idiot!
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
-------------------------------------------------------
> To zero. lol
That graph is 11 months old, idiot!
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Derpppp
()
Date: December 07, 2012 11:46AM
Mittens Having Kittens Wrote:
-------------------------------------------------------
> On the way! Wrote:
> --------------------------------------------------
> -----
> > To zero. lol
>
> That graph is 11 months old, idiot!
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
> !
Uh... Sorry, no.
http://www.zerohedge.com/news/2012-12-07/146000-jobs-added-november-beat-expectation-85000-unemployment-rate-lower-77
Derppppppp
-------------------------------------------------------
> On the way! Wrote:
> --------------------------------------------------
> -----
> > To zero. lol
>
> That graph is 11 months old, idiot!
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
> !
Uh... Sorry, no.
http://www.zerohedge.com/news/2012-12-07/146000-jobs-added-november-beat-expectation-85000-unemployment-rate-lower-77
Derppppppp
Re: Labor Participation Rate Falls to 63.6%
Posted by:
ex-Lester
()
Date: December 07, 2012 12:07PM
Starting to see layoffs seasonal and post-election. ~500K jobs lost in the raw household survey.
http://www.bls.gov/news.release/empsit.t01.htm
http://www.bls.gov/news.release/empsit.t01.htm
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Mittens Having Kittens
()
Date: December 07, 2012 02:28PM
Derpppp Wrote:
-------------------------------------------------------
> Uh... Sorry, no.
>
> http://www.zerohedge.com/news/2012-12-07/146000-jo
> bs-added-november-beat-expectation-85000-unemploym
> ent-rate-lower-77
>
> Derppppppp
The chart you posted covers the period January 1980 - January 2012. January 20912 was 11 months ago. Regardless when it was posted on whatever blog you sourced it from, the chart and the data it contains are hopelessly out-of-date.
You = FAIL.
-------------------------------------------------------
> Uh... Sorry, no.
>
> http://www.zerohedge.com/news/2012-12-07/146000-jo
> bs-added-november-beat-expectation-85000-unemploym
> ent-rate-lower-77
>
> Derppppppp
The chart you posted covers the period January 1980 - January 2012. January 20912 was 11 months ago. Regardless when it was posted on whatever blog you sourced it from, the chart and the data it contains are hopelessly out-of-date.
You = FAIL.
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Ura Dumbshit
()
Date: December 07, 2012 03:03PM
Mittens Having Kittens Wrote:
-------------------------------------------------------
> Derpppp Wrote:
> --------------------------------------------------
> -----
> > Uh... Sorry, no.
> >
> >
> http://www.zerohedge.com/news/2012-12-07/146000-jo
>
> >
> bs-added-november-beat-expectation-85000-unemploym
>
> > ent-rate-lower-77
> >
> > Derppppppp
>
> The chart you posted covers the period January
> 1980 - January 2012. January 20912 was 11 months
> ago. Regardless when it was posted on whatever
> blog you sourced it from, the chart and the data
> it contains are hopelessly out-of-date.
>
> You = FAIL.
You really are an idiot aren't you.
The data is current. That's why the chart is titled ".../imageroot/2012/12/LAbor%20Force%20Participation.jpg" The "Jan 2012" is just the last label since there hasn't been a Jan 2013 yet, you dumbfuck. lmao
-------------------------------------------------------
> Derpppp Wrote:
> --------------------------------------------------
> -----
> > Uh... Sorry, no.
> >
> >
> http://www.zerohedge.com/news/2012-12-07/146000-jo
>
> >
> bs-added-november-beat-expectation-85000-unemploym
>
> > ent-rate-lower-77
> >
> > Derppppppp
>
> The chart you posted covers the period January
> 1980 - January 2012. January 20912 was 11 months
> ago. Regardless when it was posted on whatever
> blog you sourced it from, the chart and the data
> it contains are hopelessly out-of-date.
>
> You = FAIL.
You really are an idiot aren't you.
The data is current. That's why the chart is titled ".../imageroot/2012/12/LAbor%20Force%20Participation.jpg" The "Jan 2012" is just the last label since there hasn't been a Jan 2013 yet, you dumbfuck. lmao
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Mittens Having Kittens
()
Date: December 07, 2012 04:33PM
Ura Dumbshit Wrote:
-------------------------------------------------------
> The data is current. That's why the chart is
> titled
> ".../imageroot/2012/12/LAbor%20Force%20Participati
> on.jpg" The "Jan 2012" is just the last label
> since there hasn't been a Jan 2013 yet, you
> dumbfuck. lmao
Yesh, that's bullshit.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
-------------------------------------------------------
> The data is current. That's why the chart is
> titled
> ".../imageroot/2012/12/LAbor%20Force%20Participati
> on.jpg" The "Jan 2012" is just the last label
> since there hasn't been a Jan 2013 yet, you
> dumbfuck. lmao
Yesh, that's bullshit.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
Re: Labor Participation Rate Falls to 63.6%
Posted by:
Poor Hydrocephalic Kitten
()
Date: December 07, 2012 04:40PM
Mittens Having Kittens Wrote:
-------------------------------------------------------
> Ura Dumbshit Wrote:
> --------------------------------------------------
> -----
> > The data is current. That's why the chart is
> > titled
> >
> ".../imageroot/2012/12/LAbor%20Force%20Participati
>
> > on.jpg" The "Jan 2012" is just the last label
> > since there hasn't been a Jan 2013 yet, you
> > dumbfuck. lmao
>
> Yesh, that's bullshit.
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
So, in other words, ya got nothin. lmao
-------------------------------------------------------
> Ura Dumbshit Wrote:
> --------------------------------------------------
> -----
> > The data is current. That's why the chart is
> > titled
> >
> ".../imageroot/2012/12/LAbor%20Force%20Participati
>
> > on.jpg" The "Jan 2012" is just the last label
> > since there hasn't been a Jan 2013 yet, you
> > dumbfuck. lmao
>
> Yesh, that's bullshit.
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
So, in other words, ya got nothin. lmao
Re: Labor Participation Rate Falls to 63.6%
Posted by:
enough already
()
Date: December 07, 2012 05:54PM
Mittens Having Kittens Wrote:
-------------------------------------------------------
> That graph is 11 months old, idiot!
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
> !
How much do you bag on welfare and unemployment? You damn well cant be holding down a job you are on here all day and all night. Dude get a life.
-------------------------------------------------------
> That graph is 11 months old, idiot!
>
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
> !
How much do you bag on welfare and unemployment? You damn well cant be holding down a job you are on here all day and all night. Dude get a life.
Re: Labor Participation Rate Falls to 63.6%
Posted by:
SoylentGreen
()
Date: December 07, 2012 08:03PM
Mittens Having Kittens Wrote:
-------------------------------------------------------
Regardless when it was posted on whatever
> blog you sourced it from, the chart and the data
> it contains are hopelessly out-of-date.
>
> You = FAIL.
Man, you've really lost your edge and reasoning skills since the election haven't you?
FYI: You did get the memo that Obama won right? Meaning everything that takes place post the 2008 election until 2016 will happen on his watch and is not, can not, is impossible for it to be the fault of Romney.
Sucks when you can't hide behind someone else's alleged plans huh?
-------------------------------------------------------
Regardless when it was posted on whatever
> blog you sourced it from, the chart and the data
> it contains are hopelessly out-of-date.
>
> You = FAIL.
Man, you've really lost your edge and reasoning skills since the election haven't you?
FYI: You did get the memo that Obama won right? Meaning everything that takes place post the 2008 election until 2016 will happen on his watch and is not, can not, is impossible for it to be the fault of Romney.
Sucks when you can't hide behind someone else's alleged plans huh?
Re: Labor Participation Rate Falls to 63.6%
Posted by:
mental disease
()
Date: December 08, 2012 12:08AM
enough already Wrote:
-------------------------------------------------------
> Mittens Having Kittens Wrote:
> --------------------------------------------------
> -----
> > That graph is 11 months old, idiot!
> >
> >
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
>
> > !
>
>
> How much do you bag on welfare and unemployment?
> You damn well cant be holding down a job you are
> on here all day and all night. Dude get a life.
Hes clearly mentally ill
-------------------------------------------------------
> Mittens Having Kittens Wrote:
> --------------------------------------------------
> -----
> > That graph is 11 months old, idiot!
> >
> >
> HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
>
> > !
>
>
> How much do you bag on welfare and unemployment?
> You damn well cant be holding down a job you are
> on here all day and all night. Dude get a life.
Hes clearly mentally ill