Unemployment rate goes to 9.0%, only 36K jobs added; Update: 504K disappears from labor force

posted at 8:40 am on February 4, 2011 by Ed Morrissey

The jobless rate fell by four-tenths of a point in January to 9.0%, the best downward revision in the post-recession environment, but it didn’t actually mean that the economy added more jobs.  The number of jobs added overall was only 36,000, which indicates that people are still fleeing the job market:

The unemployment rate fell by 0.4 percentage point to 9.0 percent in January, while nonfarm payroll employment changed little (+36,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in manufacturing and in retail trade but was down in construction and in transportation and warehousing. Employment in most other major industries changed little over the month.

The unemployment rate (9.0 percent) declined by 0.4 percentage point for the second month in a row. (See table A-1.) The number of unemployed persons decreased by about 600,000 in January to 13.9 million, while the labor force was unchanged. (Based on data adjusted for updated population controls. See table C.)

Frankly, this doesn’t make a lot of sense. If only 36,000 jobs were added and 600,000 people stopped being unemployed, then the labor force should show a significant contraction. The lower overall rate makes sense if 600,000 people left the workforce, but not if the workforce remained the same. Otherwise, we’d have to conclude that 36,000 jobs represents 0.4% of all employment in the US.

Looking at the A-6 table, which compares numbers January 2010 to January 2011 (not seasonally adjusted), we can see that the unemployment rate for those without disabilities has dropped from 10.4% to 9.7%.  The number of non-disabled adults outside the work force has grown substantially in that period, from 62.8 million to 64.7 million.  That far outstrips population growth and indicates that people are still leaving the work force in large numbers.  In the A-16 table for the same period (not seasonally adjusted), the number of people outside the workforce has grown from 83.9 million to 86.2 million, again showing a large increase.

The topline rate number looks better, but it also looks increasingly irrelevant.  The Department of Labor shows that the average monthly growth of jobs over the last 12 months has been 97,000, not enough to keep up with population growth.  That’s the key measure, and it’s simply not getting any better, nor any more consistent.

Update: Reuters is disappointed … again:

Employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.

Nonfarm payrolls grew just 36,000, the Labor Department said on Friday, far less than the 145,000 increase that economists had expected.

Guess what the Obama administration blames?

The government noted that severe weather could have affected construction payrolls, which dropped 32,000 last month. There were also large declines in the employment of couriers and messengers.

Maybe we need some global warming, eh?

Update II: Zero Hedge notes that the U-6 number went from 16.6% to 17.3%.  He also catches something I missed — the civilian labor force dropped from 153,690,000 in December to 153,186,000 in January after a recent November peak of 153,950,000.  That was a drop of 504,000 in January from December, and 764,000 in two months.  The participation rate dropped from 64.5% in November to 64.3% in December and 64.2% in January.

Update III: Suitably Flip e-mails:

1)  On the 504,000 decline – as you may have seen, that’s due to a Census adjustment:

“The adjustment decreased the estimated size of the civilian noninstitutional population in December by 347,000, the civilian labor force by 504,000, and employment by 472,000; the new population estimates had a negligible impact on unemployment rates and most other percentage estimates.”

The same adjustment decreased payrolls by 472,000 (i.e. the “disappeared” people had an unemployment rate of just 6.3%, so the remaining population should’ve ticked up).  Excluding the Census data, the labor force was unchanged, so I’m still trying to crunch these numbers and get them to agree with the decline in the headline unemployment rate.

The only thing that seems to reconcile the numbers is to (improperly) fail to back out the 472,000, which doesn’t have a “neligible” impact.  It lowers the rate from 9.3% to 9.0%.  With the seasonal and population adjustments, I’m having a hard time making complete sense of it.  If that’s what they did, it was a huge mistake.  Seems quite unlikely, but I don’t see how they get 9.0% otherwise.

And notably, the same estimates that were looking for 148,000 new jobs also expected an increase in the unemployment rate to 9.5%.  That wild disparity (huge underperformance with a significant improvement in the rate) doesn’t make sense, absent a methodology adjustment that’s not accounted for by the Census tweak.

The “adjustment” excuse doesn’t make a lot of sense, either, except that the BLS “adjusted” nearly a half-million people out of the civilian workforce.  Did the US suffer a population decline in 2010?  Flip also decimates the “weather” excuse in this post.


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How long before the average American understands that any information about any topic coming from this government should be viewed with the same level of skepticism we used to have about official claims made by the USSR?

flyfisher on February 4, 2011 at 9:48 AM

THIS!! If the Obama administration doesn’t like the data, they’ll sweep it under the rug like they did when they had the CDC withold reports on abortions stats. For the past 40 years, the CDC released the reports, now they were told not to release. Odd indeed.

TN Mom on February 4, 2011 at 10:22 AM

How long before the average American understands that any information about any topic coming from this government should be viewed with the same level of skepticism we used to have about official claims made by the USSR?

flyfisher on February 4, 2011 at 9:48 AM

Average Americans already get this.

The below average ones – you know, the ones that help keep O’s poll numbers higher than 0% – will never get it.

There are none so blind as those who will not see.

Midas on February 4, 2011 at 10:23 AM

not really. the seasonally adjusted number is a better indicator, the non-seasonally adjusted is very volatile.

sesquipedalian on February 4, 2011 at 9:35 AM

Aren’t you full of propaganda today. Are you going to construct an actual argument, or just play the ‘No you’re wrong I’m right’ game?

fossten on February 4, 2011 at 10:23 AM

Looking at the numbers is always fun. One set I found that I find telling is

Sept 2010 Employed 139,378
Jan 2011 Employed 139,323

Less working today than 4 months ago.

Doing a heck of a job Barry.

WoosterOh on February 4, 2011 at 10:24 AM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

Black is white, up is down, and Obama’s a raging capitalist.

Oh, was that a bigoted statement?

fossten on February 4, 2011 at 10:25 AM

For those of you who equate Wall St reaction as positive or negative…..

A poor jobs report will usually have a positive effect on stocks. Not because the report is positive for the economy. BUt because it means longer periods of low interest rates. And low interest rates are good for stocks.

It is counter intuitive but in the short run, bad economic news usually means a bump for stocks.

I don’t expect our resident trolls to understand. Math is hard and stuff.

angryed on February 4, 2011 at 10:25 AM

Ed,

Boomers are retiring, not being replaced. I’m surprised you’re missing this.

booter on February 4, 2011 at 9:33 AM

Good point!

The reason the Dow and S&P aren’t up is because they see that things are “status quo”. Cesspoolquidalion thinks the dow is screaming higher when it’s up 2 points. Moron.

Vince on February 4, 2011 at 10:25 AM

U.S. dollar gains vs euro on Jan jobless rate drop
1 hour ago

NEW YORK Feb 4 (Reuters) – The US dollar gained against the euro on Friday as a fall in the US jobless rate in January encouraged optimism about the US …Reuters – 41 related articles

Dollar Whipsawed But Gains After Weak US Jobs Data
Wall Street Journal – 205 related articles

Depends on your perspective I guess.

Vince on February 4, 2011 at 10:28 AM

Reuters thinks the numbers were good and the WSJ says they were weak.

Vince on February 4, 2011 at 10:30 AM

People who commit suicide or just Go Galt and move to the mountains are the ones falling off the “rolls”.

Key West Reader on February 4, 2011 at 10:30 AM

If the unemployment numbers have dropped, every employer will get a notice from their state that their unemployment insurance rate (SUTA) has dropped, right? RIGHT?? Lemme go check the mail…

TN Mom on February 4, 2011 at 10:30 AM

For those of you who equate Wall St reaction as positive or negative…..

angryed on February 4, 2011 at 10:25 AM

I’ve often laughed at various news reports on radio, print etc, even during the course of the same day; watch today’s web headlines, updated every so often. If the market is up, you’ll see “DOW up on unemployment report” with filler that will mention possible positives “reflects improving economy, future consumer spending, business confidence, etc”, and if it turns south, you’ll see “DOW down on unemployment report” with filler that will be a list of negatives. Same if the unemployment numbers had been higher (“DOW up because investors see businesses cutting labor costs and improving margins, etc”).

I think many of these headline writers just make crap up because they have to write *something*.

Midas on February 4, 2011 at 10:31 AM

Good to know that Barry is focusing ‘laser like’ on jobs. Just think where we’d be if The One had his mind on something else.

GarandFan on February 4, 2011 at 10:31 AM

Once again the lying Obama malAdministration is fudging the numbers as part of its campaign strategy for 2012.

eaglewingz08 on February 4, 2011 at 10:33 AM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM
Black is white, up is down, and Obama’s a raging capitalist.

Oh, was that a bigoted statement?

fossten on February 4, 2011 at 10:25 AM

Being desirous of poverty is good. Working to acheive excellence is bad. Life is better on Food Stamps.

/Barry

Key West Reader on February 4, 2011 at 10:33 AM

That dude loves to see people suffer… Not saying that just to be an a-hole… Been reading that dudes posts for quite some time now, and it is what it is… sicko

Keemo on February 4, 2011 at 10:00 AM

Are you referring to me or “sesquip?”

Indy82 on February 4, 2011 at 10:07 AM

Ses Indy… I happen to like you comrade.

Keemo on February 4, 2011 at 10:34 AM

If the unemployment numbers have dropped, every employer will get a notice from their state that their unemployment insurance rate (SUTA) has dropped, right? RIGHT?? Lemme go check the mail…

TN Mom on February 4, 2011 at 10:30 AM

Nope, sorry Mom. Your SUTA has been increased. Because now we have to pay for more public housing for the unemployed. Because YOU unemployed them.

/Evil Laugh

Key West Reader on February 4, 2011 at 10:35 AM

I’mma make a bumper sticker:

“Life is Better on Food Stamps
100% of recipients Agree!”

Key West Reader on February 4, 2011 at 10:37 AM

“Figures often beguile me, particularly when I have the arranging of them myself; in which case the remark attributed to Disraeli would often apply with justice and force: ‘There are three kinds of lies: lies, damned lies, and statistics.’

~~ Mark Twain, in Chapters From My Autobiography, North American Review 186

RedPepper on February 4, 2011 at 10:37 AM

“Life is Better on Food Stamps
100% of recipients Agree!”

Key West Reader on February 4, 2011 at 10:37 AM

That should be adjusted to 3000% in all 57 States.
We can’t be seen fudging numbers.

Electrongod on February 4, 2011 at 10:43 AM

Ses Indy… I happen to like you comrade.

Keemo on February 4, 2011 at 10:34 AM

:) Likewise.

Indy82 on February 4, 2011 at 10:46 AM

Yes, the numbers will just start magically going down every month until November of next year. I predict 5.8% unemployment right before election time.

Rambotito on February 4, 2011 at 10:56 AM

Unemployment stats = Deja Moo…the feeling that you’ve heard this bs before.

itsacookbook on February 4, 2011 at 10:59 AM

The Dems have those out of work right where they want them, needing Government to save them. They can call the GOP evil for hating the poor folk. Tell them that if they vote GOP next year, they wont get the help they need. Get them into the trap of rather stay home and get help, then go to work. GOP will give you a job, that is just pure evil because it makes you beholden to the evil corporations, and the Jews.

WoosterOh on February 4, 2011 at 11:00 AM

I forgot the Van Jones plantation analogy.

Dont want to be part of the plantation. Stay home, Government will help you.

WoosterOh on February 4, 2011 at 11:03 AM

I’m taking a stab at early retirement. I could get a job as a SW engineer, but I would rather try to just get by with what I have. In short, I’m tired of paying high taxes, FICA and the rest and am going Galt.

MJBrutus on February 4, 2011 at 9:35 AM

Hope it works out for you. This is another factor in such soft data.

On the upside, I haven’t heard Bammie blame President George W. Bush yet this week.

slickwillie2001 on February 4, 2011 at 11:04 AM

Dems call on lobbyists to fight Republican spending cuts:
http://www.nationalreview.com/corner/258964/dems-call-lobbyists-fight-gop-spending-cuts-katrina-trinko

onlineanalyst on February 4, 2011 at 11:07 AM

Let’s organize those 2+ million people who just stopped looking/’left the work force’ over the last year and all head for DC and have our own “Leave Now, Barrack” protests. How many total fall into this category now? 20 Million? Less? I’m not sure, but if we could organize even 10% of them and march on DC, I bet we’d see some changes alright.

The more people who are actually out of work, the lower the unmemployment percent goes according to the bureaucrats. The BLS “stats” are true Big Brother speak. Lies and half truths.

JimP on February 4, 2011 at 11:07 AM

Nope, sorry Mom. Your SUTA has been increased. Because now we have to pay for more public housing for the unemployed. Because YOU unemployed them.

/Evil Laugh

Key West Reader on February 4, 2011 at 10:35 AM

The least they could do is send me a Thank YOU note for paying their rent :)

TN Mom on February 4, 2011 at 11:11 AM

“Otherwise, we’d have to conclude that 36,000 jobs represents 0.4% of all employment in the US.”

.
In ObamaWorld, it does.

mrt721 on February 4, 2011 at 11:32 AM

ROFLMAO!

Obama: “We’re heading in the right direction. But I won’t be satisfied until the unemployment rate is 0%.”

Didn’t they bash Reagan-omics back in the day? Wow!

Mr_Magoo on February 4, 2011 at 11:32 AM

On the upside, I haven’t heard Bammie blame President George W. Bush yet this week.

slickwillie2001 on February 4, 2011 at 11:04 AM

still two days left in the week….

angryed on February 4, 2011 at 11:33 AM

The least they could do is send me a Thank YOU note for paying their rent :)

TN Mom on February 4, 2011 at 11:11 AM

I’ve always thought that any person on welfare or food stamps should be given the name of a taxpayer that they are required to write a thank-you letter to.

slickwillie2001 on February 4, 2011 at 11:35 AM

O/T: Big Sis on FauxNews right now. My things have changed since 2009.

Mr_Magoo on February 4, 2011 at 11:35 AM

Obama: “We’re heading in the right direction. But I won’t be satisfied until the unemployment rate is 0%.”

Mr_Magoo on February 4, 2011 at 11:32 AM

Did he really say that?
You’d think the smartest man in the world would know that 0% unemployment is impossible. Even in the best economy ever, it would be at 3%. That is called natural unemployment. No matter how good the economy is there will always be unemployed people. Recent graduates from school, people switching careers, etc.

angryed on February 4, 2011 at 11:36 AM

“Where have all the young men gone?
Long time passing
Where have all the young men gone?
Long time ago …….”

Will Obama write a cookbook next?

EliTheBean on February 4, 2011 at 11:39 AM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

Please don’t force me to feel sorry for you.

Dow 12,053.78 -8.48 -0.07%
Nasdaq 2,755.67 +1.79 +0.07%
S&P 500 1,306.01 -1.09 -0.08%
EUR/USD 1.358000 -0.004600
USD/JPY 81.985001 + 0.360001
GBP/USD 1.608400 -0.005050

http://finance.yahoo.com/

Another bad unemployment report, but the market is fortunately yawning.

Chuck Schick on February 4, 2011 at 11:45 AM

cmsinaz on February 4, 2011 at 9:20 AM

Alas, you are correct.

Not true at all! We need to welcome and make it much easier for talented engineers to live and stay here. Most places where I contracted in recent years have been dominated by large numbers of Indians. They’re smart and there are indeed not enough qualified engineers without them. What we need to avoid is allowing them here to get a college degree and then sending them away!

MJBrutus on February 4, 2011 at 9:39 AM

I sure hope you’re being sarcastic. Many of the folks I know out of work are engineers and if all the foreign guest workers were gone employers would be PROPERLY ENCOURAGED to drop their CRAZY laundry list requirement scam to get around the LAW.

They might also be encouraged to train people which is to their advantage.

The reality is employers use H1 workers to drive down salaries.

dogsoldier on February 4, 2011 at 11:46 AM

The number of jobs added overall was only 36,000, which indicates that people are still fleeing the job market

Umm, where are they going?

pseudonominus on February 4, 2011 at 11:49 AM

The reality is employers use H1 workers to drive down salaries.

dogsoldier on February 4, 2011 at 11:46 AM

thats for sure. same in the comptuer field…and many of the indians I’ve worked with aren’t that smart…we train them…but they get paid less…and thats all that matters to the employers…

right4life on February 4, 2011 at 11:53 AM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

Hey, gang, getalife is back!

Del Dolemonte on February 4, 2011 at 11:54 AM

The reality is employers use H1 workers to drive down salaries.

dogsoldier on February 4, 2011 at 11:46 AM

True, and during the time that the company sponsors the employee, through to an eventual green card, they are captive and extremely loyal employees.

slickwillie2001 on February 4, 2011 at 11:55 AM

Hey, gang, getalife is back!

Del Dolemonte on February 4, 2011 at 11:54 AM

“Dow up 4 points, Bush depression over, Obama recovery has begun.”

-getalife, January 25th 2009

Chuck Schick on February 4, 2011 at 11:59 AM

right4life on February 4, 2011 at 11:53 AM

I work in the Software world and see it often. They get paid about 60% of what we do. (I also taught CS undergrad classes at night – at my alma mater)

dogsoldier on February 4, 2011 at 11:59 AM

The least they could do is send me a Thank YOU note for paying their rent :)

TN Mom on February 4, 2011 at 11:11 AM

Umm, you expect them to know how to read and write!?/

upinak on February 4, 2011 at 12:02 PM

Hot damn…unemployment to 9.0%….36,000 jobs added and 504k lost their jobs! I love fuzzy math! I was wondering when it would make a come back!

milwife88 on February 4, 2011 at 12:15 PM

The entire H1-B situation is a gigantic scam that no one wants to talk about.

dogsoldier on February 4, 2011 at 9:34 AM

This. Ending the H1B visa program would generate at least 200k jobs, likely much more – for Americans.

Also, we’re importing, through legal immigration, half a million a year, time for a 5-10 year immigration moratorium on all immigration. There are (conservative) estimates of 12 million illegals – build a wall and expel these people.

Then we’ll see where unemployment stands. But all this would require politicians to be serious about the economic health of the country.

Rebar on February 4, 2011 at 12:18 PM

I forgot the Van Jones plantation analogy.

Dont want to be part of the plantation. Stay home, Government will help you.

WoosterOh on February 4, 2011 at 11:03 AM

Actually, I am beginning to think that perhaps the Van Jones goal is to put everyone on his plantation. Then we’ve got some starving masses. Woot! Van Jones.. Wah wah Woot!

/Valerie Jarrett.. Obama’s other one half of a brain.

Key West Reader on February 4, 2011 at 12:19 PM

I was wondering when it would make a come back!

milwife88 on February 4, 2011 at 12:15 PM

More like buzzy math. WTF are they drinking and smoking? Puff puff pass dang it!

upinak on February 4, 2011 at 12:20 PM

With each passing day, I study John Galt. With each passing month I begin to admire him. With each passing quarter, I begin to embrace him. And, in the winter of my study, I become him.

I Am John Galt.

/I’m done.

Key West Reader on February 4, 2011 at 12:21 PM

The math is pretty simple, it is all due to the shrinking labor force (people giving up). A trend seen since the recession hit hard in 2008.

AJStrata on February 4, 2011 at 12:21 PM

Here’s the logical end of the principle being applied by the BLS in their employment analysis:

If, for one month, no one attempted to get a job the unemployment rate, according to the process used by BLS, would be 0%.

This is called a whitewash.

BobMbx on February 4, 2011 at 12:21 PM

Umm, where are they going?

pseudonominus on February 4, 2011 at 11:49 AM

They’re joining the greatest stimulus program ever conceived by man: unemployment.

BobMbx on February 4, 2011 at 12:23 PM

Maybe its babyboomers having to take their Social Security early because they can’t find work?

Karmi on February 4, 2011 at 12:31 PM

Key West Reader on February 4, 2011 at 12:21 PM

John, what mighty nice bre… err I mean hair you have. / ;)

upinak on February 4, 2011 at 12:38 PM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

Why is it that leftists still don’t understand the difference between a growing economy and inflation?

dominigan on February 4, 2011 at 12:44 PM

You are joking, right?….

dogsoldier on February 4, 2011 at 9:19 AM

try reading both sentences in my post. I know how difficult it is to read two sentences in one sitting.

right2bright on February 4, 2011 at 12:48 PM

These people are such ignorant morons. The weather does not affect employment rates.

tx2654 on February 4, 2011 at 12:50 PM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

Using the standard insisted on by the liberals.
President Bush had much higher NASDAQ, DOW, and S&P, and less then 5% unemployment and he was skewered by the press and the dems for such dismal performance.
That make Obama, by the liberals standards, a complete and utter failure.

right2bright on February 4, 2011 at 12:52 PM

Zero Hedge notes that the U-6 number went from 16.6% to 17.3%.

Well, not exactly. Zero Hedge’s actual headline:

Underemployment Divergence: Seasonally Adjusted U-6 Drops To Two Year Low, As Non-Seasonally Adjusted Surges To One Year High

Zero Hedge lede:

“And another curiously divergent dynamic: looking simply at the Seasonally Adjusted underemployment rate (U-6), which came at 16.1%, or the lowest since April 2009, and one might be excused for assuming that there is a silver lining, somewhere. That is, of course, until taking a look at the sister, NSA [not seasonally adjusted] series. At 17.3%, this was the highest number since March 2010, and higher than just 3 months in the history of this series.”

The Seasonally Adjusted U6 went down from 16.6% to 16.1%.
The Not Seasonally Adjusted U6 went up to 17.3%.

[key words: tar, feathers, Bernanke.]

Emperor Norton on February 4, 2011 at 12:59 PM

We, the people, have a real problem. Among other outrages:
Obama and his administration lie to us constantly;
The traditional media does not call him on that;
The Republicans do not call him on that;
Obama imposes greater regulatory burdens on us and our businesses, yet the media, including the Wall Street Journal, goes along with Obama’s claim to be helping business and cutting down on red tape, and the Republicans are quiet about that;
Obama grants exemptions to his supporters from oppressive regulations, and the media and Republicans do not express outrage;
The Republicans will not axe government spending, even though the People want that.
How long can this last?

GaltBlvnAtty on February 4, 2011 at 1:06 PM

nasdaq and dow are up, s&p stable. dollar is way up.

sesquipedalian on February 4, 2011 at 10:10 AM

and you’re an idiot

Oil is over $110 bbl, gold is at record levels, food prices are at alltme highs, the housing industry is at levels that most in that industry have never seen.

“Control the narrative and control the masses”

You are a good little bot.

darwin-t on February 4, 2011 at 1:11 PM

The unemployment rate (9.0 percent) declined by 0.4 percentage point for the second month in a row. (See table A-1.) The number of unemployed persons decreased by about 600,000 in January to 13.9 million, while the labor force was unchanged. (Based on data adjusted for updated population controls. See table C.)

BULL!
The number of unemployed persons DID NOT decreased by about 600,000 in January.
The number of unemployed persons who have hit and passed 99 weeks INcreased by about 600,000 in January.

If someone is no longer getting unemployment they are no longer “officially unemployed”!

This will be the new feather in Obama’s cap!

DSchoen on February 4, 2011 at 1:18 PM

My bd, oil is tumbling today, all the way down to 89

darwin-t on February 4, 2011 at 1:25 PM

A whole lot of people are going on disability and taking their Social Security as early as possible. Anyone over 60 who has been laid off in this recession has pretty much zero chance of finding a new job. They are all dropping out of the labor force.

I’m probably one of those considered “dropped out.” My last fulltime job ended in August of 2008. My unemploayment benefits ran out over a year ago. I had a consulting job for 6 months but that was canceled last June. I have had a couple of freelance writing gigs since then but that’s it.

rockmom on February 4, 2011 at 1:28 PM

The economy continues to shed jobs. We have always had enough jobs in the economy.

catmman on February 4, 2011 at 1:37 PM

Scariest. Jobs. Chart. Evah.

Pelosi-Obama-Reid (POR) Economy

Grade: F- (Massive Fail)

Terp Mole on February 4, 2011 at 1:40 PM

The amazing aspect of all this, to me, is how apathetic the population has become to this Orwellian crap. As SOON as there is evidence of data manipulation, you’d think there’d be 20 reporters clammoring for an interview/statment. Instead? Crickets.

Scary stuff.

KMC1 on February 4, 2011 at 1:44 PM

“Where have all the young men gone?
Long time passing
Where have all the young men gone?
Long time ago …….”
Will Obama write a cookbook next?
EliTheBean on February 4, 2011 at 11:39 AM

The Kingston Trio?
Did you know Obama and Robert Castle Shane are both form Hawaii?
Did you know Obama and Robert Castle Shane both went to the same school?
The prestigious Punahou school

True look it up!

DSchoen on February 4, 2011 at 1:50 PM

The amazing aspect of all this, to me, is how apathetic the population has become to this Orwellian crap. As SOON as there is evidence of data manipulation, you’d think there’d be 20 reporters clammoring for an interview/statment. Instead? Crickets.

Scary stuff.

KMC1 on February 4, 2011 at 1:44 PM

Until this utter failure of the press is reversed and the Ojugears administration is subject to the same scrutiny as every other administration in history, nothing’s going to change and we’ll continue this slide, all the while being fed lie after lie after lie.

Meanwhile, the executive branch is usurping more and more authority daily.

hillbillyjim on February 4, 2011 at 2:14 PM

The amazing aspect of all this, to me, is how apathetic the population media has become to this Orwellian crap. As SOON as there is evidence of data manipulation, you’d think there’d be 20 reporters clammoring for an interview/statment. Instead? Crickets.

Scary stuff.

KMC1 on February 4, 2011 at 1:44 PM

Of course, if this were the Bush administration blatantly cooking the books…

Midas on February 4, 2011 at 2:17 PM

right2bright on February 4, 2011 at 12:48 PM

I read them both and also looked for the sarc tag. We don’t need more foreign workers here. I don’t care how smart they are.

They need to go home. We should not be educating our competition either.

dogsoldier on February 4, 2011 at 2:21 PM

Construction jobs are at the lowest I’ve ever seen them since the ’80s, at least around here. It’s bad. jeanie on February 4, 2011 at 9:26 AM

We can’t find enough contractors up here in ND.
If you want a porch built-forget it. You gotta hire some local flunky who botches the job & cahrges you by the hour while they loaf.
Need your tub or bathroom fixed?
Forget it. You gotta wait MONTHS.
The roof & siding industry was doing booming business (still is) here in ND bcs of the bad hail storms last summer.
But there still weren’t enough contractors.
People are STILL waiting to get their homes sided/finished & their roofs replaced/finished.
Outfits from IA & TX came up here.
I could name more instances.
Contractors need to go where the work is at.
There’s at least some work up here to do.

BTW Do you all know how many H1-B guest worker visas are issued by the government every year and how long they are good for?
Does anyone know why we haven’t canceled them?
(A: 65,000 per year, 5 years) High tech companies are still claiming they can’t find enough qualified help and no one calls them on that lie either.
The entire H1-B situation is a gigantic scam that no one wants to talk about.
dogsoldier on February 4, 2011 at 9:34 AM

From what I’ve known, there are not enough Americans graduating with engineering etc degrees to fill the demand.
And while it is true that it is used to some extend to drive down wages, well, for every 1 American engineers there might be 100 Indian ones.
I also see this problem with worker visas for agriculture.
It’s crass, but these foreigners from places like S Africa are willing to do the agricultural work Americans refuse to do.
You simply make more $$ staying at home & collecting welfare benefits.

I’ve always thought that any person on welfare or food stamps should be given the name of a taxpayer that they are required to write a thank-you letter to.
slickwillie2001 on February 4, 2011 at 11:35 AM

I was on welfare & food stamps for 3 months one time.
It was the most humiliating time in my life.
People have no shame anymore.
They are without pride or manners.

Badger40 on February 4, 2011 at 2:31 PM

Wow!

Adding 36,000 jobs and decreasing the unemployment rate by 0.4% means that a country of 281,421,906 (2000 census) is being supported by a workforce of only 9,000,000 people. That’s only 3.1% of the population!

Lincoln Steffens was right: “I have seen the future and it works!”

Stepan on February 4, 2011 at 2:32 PM

This. Ending the H1B visa program would generate at least 200k jobs, likely much more – for Americans.

Rebar on February 4, 2011 at 12:18 PM

The few I’ve known that came over were fairly competent. The ones still over there are another story.

10. Provide specs
20. Write check
30. They get it wrong
40. GoTo 10

Just slowing down the offshoring would help.

John Deaux on February 4, 2011 at 3:31 PM

Guess what the Obama administration blames?

I was going to say “the Jews”.

EA_MAN on February 4, 2011 at 3:41 PM

“… the U.S. Bureau of Labor Statistics reported today.”

You know…

… having multi-colored smoke blown up your a%s everyday looses its appeal after a while.

Seven Percent Solution on February 4, 2011 at 4:53 PM

It’s just a government numbers game. Crappy numbers go in, Fantabulous numbers come out. Life is good and all the sheep are waiting to watch the Superbowl.

dddave on February 4, 2011 at 5:02 PM

Badger40 on February 4, 2011 at 2:31 PM

Believe me there are plenty of US citizens who are engineers to fill the demand. I have been a hiring manager of one kind or another several times and when I have put out an ad or called the agencies I received many resumes.

The problem is the H1-b shops (the h1 is only for skilled workers by the way. Agro workers have their own Guest worker program. There are four or five such programs running last I checked). H1 shops are companies that only hire H1-B workers. I know of three such places in mass and NH.

They will not hire a US citizen. Even the managers are from other countries.

Another problem is the Employer Job Spec “Laundry List” of required skills and experience. By doing this employers can and do claim they cannot find qualified people.

Have you coded C++ for twenty years? Then you couldn’t possibly be any good at C sharp or Java. Which is complete nonsense.

dogsoldier on February 4, 2011 at 5:13 PM

Believe me there are plenty of US citizens who are engineers to fill the demand. I have been a hiring manager of one kind or another several times and when I have put out an ad or called the agencies I received many resumes.

dogsoldier on February 4, 2011 at 5:13 PM

Agree there are. If you look at unemployment figures by profession, there’s not much difference between engineering and the averages.

When a company goes for an H1B, they have to show that they advertised the position to in the USA first. That place for that advertisement is usually the coffee room of the employer doing the hiring, and in a newspaper in a bare anonymous two-liner in the smallest print available.

slickwillie2001 on February 4, 2011 at 5:26 PM

Why in the world would I believe the MSM about unemployment stats when the ones that have been out of work and exhausted their unemployment checks are not counted? It’s right in front of the readers but they don’t understand. How can a 9.6 figure go on and on while more and more people are unemployed? The public reads but has no sense in putting the numbers together to come up with a true number. We are programed to believe what ever comes out of the White House is gospel. Unbelievable!

mixplix on February 4, 2011 at 5:27 PM

U-6 is horsecrap. Assiduously following that # beclowns oneself as a rube

hokie.rob on February 4, 2011 at 5:35 PM

Does the unemployment rate mean anything anymore?
PackerBronco on February 4, 2011 at 9:13 AM

YES!
Now it’s just like “jobs saved”!

No sarc, just sad

DSchoen on February 4, 2011 at 6:21 PM

Ed, I think WSJ Real Time Economics Blog has the explanation:

A supplemental table in the January jobs report which attempts to apply the new population estimates back to 2010, Table C, shows a big increase in employment and a small increase in people leaving the labor force from December to January. But it doesn’t provide a clear picture of the trend in employment and unemployment levels either, says Jim Borbely, a Bureau of Labor Statistics economist. That’s because it piles all of the new, lower population and employment estimates to December 2010 rather than spreading them out among earlier months. This makes it look like there were big swings in these levels that might not have occurred all at once.

King Banaian on February 4, 2011 at 6:28 PM

nasdaq and dow are up, s&p stable. dollar is way up.

septicpigalian on February 4, 2011 at 10:10 AM

I was gonna ask you if get paid like a Mubarak supporter but I think I know the answer. Every 1st of the month is like Christmas at your trailer no doubt.

CWforFreedom on February 4, 2011 at 7:31 PM

And north of the border, Canada at 1/10th the population added 69,000 jobs. The actual rate went up, since 104,000 were added to the work force.

And couple 1 April, Canada will have the lowest business tax rate in the G20.

PM Harper may not be much when it comes to being an actual conservative, but damn if he doesn’t have the opposition parties dancing to his tune in a minority government for the last five years.

Jim708 on February 4, 2011 at 8:24 PM

This market is insane. It goes up when the latest economic reports are good, or bad, or indifferent. It goes up when the bond market is up, or down, or flat. It goes up no matter what happens with oil and energy, no matter what happens with food, no matter what happens, period. It goes up when gold and commodities are rising, usually a contra-indicator. When the dollar is falling, ditto. When deficits are rising. No matter who wins what political office. No matter what happens in the Middle East.

One of the clearest signals of an inflating “bubble” is that it continues to grow despite bad news. It means it will burst, probably fairly soon. Don’t get any on ya.

Adjoran on February 5, 2011 at 1:19 AM

right4life on February 4, 2011 at 11:53 AM

That’s something that US citizens would normally have gotten. Not so much the lower pay, but that the training reserved for these folks would have been directed towards US citizens (who were a closer fit than those H1′s, not including any misrepresentation).

slickwillie2001 on February 4, 2011 at 5:26 PM

Even before offshoring became such a well-known term, there was trouble already known about the H1-b program. That is, there already was knowledge that the program wasn’t being enforced well enough. If there’s a regulation or two I want to see gone, it’d be 20 CFR 655 & 20 CFR 656; without those two, you’d be able to get rid of a ton of the fraud. It’d not be good for those who had business models that predicated on fraud or avoiding US citizens, but they can adapt.

sethstorm on February 5, 2011 at 4:25 AM

O.k…. I despise the gamed numbers that the government gives us; it is all political B.S.- just smoke and mirrors.

This is the chart to watch:

http://market-ticker.org/akcs-www?get_gallerynr=1098

Everything else is just gaming the numbers to get the result that you want.

Theophile on February 5, 2011 at 4:53 AM

The math is pretty simple, it is all due to the shrinking labor force (people giving up). A trend seen since the recession hit hard in 2008.

AJStrata on February 4, 2011 at 12:21 PM

And who decides when somene has given up? Figures don’t lie but ………………………

whbates on February 5, 2011 at 9:26 AM

whbates on February 5, 2011 at 9:26 AM

…but omission

The odd thing is that there was

sethstorm on February 5, 2011 at 11:16 AM

whbates on February 5, 2011 at 9:26 AM

…omitting certain numbers isn’t the truth.

The odd thing is that there was another number in the early 1990′s (U-7) that would show the 20-22% you see today. For what it tracked, it was the “long-term discouraged” number – it tracked the kinds of people that have been “left behind” in the economy.

I wonder why it got dropped when it did.

(fixed from previous incomplete post,)

sethstorm on February 5, 2011 at 11:24 AM

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