In November 2011 there was 15.1 million unemployed with 9.8% in November 2012. The total pool of unemployed was (15.1 million/9.8%)=154,081,632
.
The unemployment rate currently is 8.9% with 13.7 million unemployed totaling 153,932,584 in the workforce
.
Between November 2010 & March 2011, 149,048 are no longer in looking for work (154,081,632-153,932,584). This almost cancels the Nonfarm payroll employment increased by 192,000 jobs created in private industry for the month of February
These tax extensions supposedly worked now, yet they didn't work in the early 2000's under Bush? Please...
The US has had a decade of the current tax rate, and throughout the entire time, unemployment hasn't fallen to the levels seen under Clinton's presidency, so obviously these tax extensions aren't responsible. The data is telling economists that people have simply stopped looking for work and filing jobless claims, so it all looks better on paper, but in reality, not much has improved.
There are only so many people that can fall out of the 'actively searching' category before the unemployment numbers will naturally drop. Real un/under-employment is around 20% and unless we see capital gains tax cuts, it's not going to get better.
The taxes here in NY are just getting worse and worse. My grandfather pays a rediculous water tax even if a drop never comes out of any of the faucets all year long. I'm all for paying taxes and what not but it's getting more and more rediculous.
I have to disagree with you. All indicators suggest that as unemployment decreases, welfare rates have risen dramatically. You see, after 9 months, whether you have a job or not, the government no longer counts you as being unemployed. Given the huge increases in welfare recipients, the actual number of unemployed in our country is rapidly increasing. It's not a win for anyone.
Hey Will, What's your opinion about Libertarianism & Congressman Ron Paul? I am liking your opinions and show how Obama is forced to become a centrist, but it is continuing these Bush Tax Cuts, which in other words, maintaining the status quo of extending the wars overseas, government intervention, continuing the wars on drugs, poverty, and "national security" by limiting our rights and civil libertaries.
That 8.9% is a flat out lie. REAL seasonally adjusted rate is almost 23%.... underemployment is 19.9%.... less than half of all who are able to work are working.....500,000 jobs were PERMANENTLY lost in 2010. THAT is what we should be hearing from our "leaders", but of course we won't.
Myself and 16 others just got hired full-time, in a factory, after 6 months with a temp service. The Government gave them a $3,400.00 (each) tax incentive to hire us full-time. I'm thankful for the full-time job but the tax payer shouldn't have to pay for it.
@PatriotInChief I agree Obama just extended what Bush did. However the outcome is the same. I don't like Obama either but most politicians are bad. Rome is burning and they just argue!
stupid democrat. Obama hasn't done jackshit yet. He didn't kill osama, the navy seals did!
timd941 10 months ago
In November 2011 there was 15.1 million unemployed with 9.8% in November 2012. The total pool of unemployed was (15.1 million/9.8%)=154,081,632
.
The unemployment rate currently is 8.9% with 13.7 million unemployed totaling 153,932,584 in the workforce
.
Between November 2010 & March 2011, 149,048 are no longer in looking for work (154,081,632-153,932,584). This almost cancels the Nonfarm payroll employment increased by 192,000 jobs created in private industry for the month of February
FreedomInAmerica 11 months ago
These tax extensions supposedly worked now, yet they didn't work in the early 2000's under Bush? Please...
The US has had a decade of the current tax rate, and throughout the entire time, unemployment hasn't fallen to the levels seen under Clinton's presidency, so obviously these tax extensions aren't responsible. The data is telling economists that people have simply stopped looking for work and filing jobless claims, so it all looks better on paper, but in reality, not much has improved.
TheAtheistAllegiance 11 months ago
love your approach Will, bless, its good to see someone else saying what I have been.
LeGioNoFZioN 1 year ago
There are only so many people that can fall out of the 'actively searching' category before the unemployment numbers will naturally drop. Real un/under-employment is around 20% and unless we see capital gains tax cuts, it's not going to get better.
GUILDGOB 1 year ago
The taxes here in NY are just getting worse and worse. My grandfather pays a rediculous water tax even if a drop never comes out of any of the faucets all year long. I'm all for paying taxes and what not but it's getting more and more rediculous.
MindBullets2142 1 year ago 3
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go to newworldorderwar if you want to know what is really going on and what is going to happen
thatcrackmixtapes 1 year ago
we are on the verge of a double dip recession..mark my words...
MrSYSTEM20 1 year ago
@jediwill1974
I have to disagree with you. All indicators suggest that as unemployment decreases, welfare rates have risen dramatically. You see, after 9 months, whether you have a job or not, the government no longer counts you as being unemployed. Given the huge increases in welfare recipients, the actual number of unemployed in our country is rapidly increasing. It's not a win for anyone.
groam6666 1 year ago
Hey Will, What's your opinion about Libertarianism & Congressman Ron Paul? I am liking your opinions and show how Obama is forced to become a centrist, but it is continuing these Bush Tax Cuts, which in other words, maintaining the status quo of extending the wars overseas, government intervention, continuing the wars on drugs, poverty, and "national security" by limiting our rights and civil libertaries.
b07rivera 1 year ago
Obama and the Fed are doing all they can to destroy this nation's economy.
edwardpf123 1 year ago
when are you running for President?
getgtx 1 year ago
@getgtx Heh! If our man Will ran for president, he'd get my vote!
QuartuvLarry 1 year ago
That 8.9% is a flat out lie. REAL seasonally adjusted rate is almost 23%.... underemployment is 19.9%.... less than half of all who are able to work are working.....500,000 jobs were PERMANENTLY lost in 2010. THAT is what we should be hearing from our "leaders", but of course we won't.
mcap52 1 year ago 5
Will that's a good outlook. I like your mindset. People just don't want to applaude their enemy. They are afraid to give him power.
AJSensei 1 year ago
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I like what you have to say Will
hats4us 1 year ago
Myself and 16 others just got hired full-time, in a factory, after 6 months with a temp service. The Government gave them a $3,400.00 (each) tax incentive to hire us full-time. I'm thankful for the full-time job but the tax payer shouldn't have to pay for it.
USoSilly2Me 1 year ago
He didn't lower taxes...he extended the Bush tax cuts (which were already there) he essentially continued the status quo.
PatriotInChief 1 year ago
@PatriotInChief Tax cuts? Letting people keep there own money!
AJSensei 1 year ago
@AJSensei right but obama didnt do it, he just continued what bush did
PatriotInChief 1 year ago
@PatriotInChief I agree Obama just extended what Bush did. However the outcome is the same. I don't like Obama either but most politicians are bad. Rome is burning and they just argue!
AJSensei 1 year ago