Quote:
Originally Posted by CaptainHaplo
Actually - I was wrong on one thing - with any number over the ~166k per month, the unemployment rate would in fact drop. Just it would take 3 or 4 months at a gain of ~70k per month in jobs to make a .1% decrease. If you factor in the "out of the labor pool" - you are well above 8% still.
However, a lot of talking heads on the right exaggerate the numbers as well. I have heard guys like Rush and Beck claim 16% of higher. How they get these numbers, I don't know - and I suspect some of them may just be "made up". Intellectual dishonesty doesn't exist on only one side, and the talking heads need to be called on to either explain their numbers, or retract the claims.
People like this:
http://lubbockonline.com/interact/bl...t-rate-more-19
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Again, more people without an understanding of the data and statistics and quoting the 1.2 million people disappeared hogwash.