#15 Thread: US Claims drop sharply to near 15-year low

I said:

What is to discuss. Everyone knows or should know that the numbers have never been accurate, one way or another. It is virtually impossible to determine who is actually still looking and who decided they want to stay home and who just gave up. They do know how many new jobs were created and they know how many jobs were filled. Having fuzzing numbers is NOT NEW to this administration. I believe they do the best they can with the input they get and that input is flawed.

But go ahead and blame Obama for something that has been going on and true for years. They are fuzzy numbers, have always been fuzzy numbers with bad input and since getting the accurate count is impossible due to multiple reasons, they work with that they get.

You said:

Without historical figures to compare it to, there is no way to assess the success or failure of this administration's policies using these "real numbers."




Real numbers NOW should be compared to REAL NUMBERS THEN.>>

Amazingly, you and AP can both be completely wrong about the numbers and what they mean. Okay, there is data and then there is formulas and interpretation. Whonew, the data exists for 6 years ago. I find it hilarious that you infer that the numbers were worse in 2007, but then when I mention the six years, all of a sudden, the numbers do not exist to make any comparison. AP, the numbers are not "fuzzy" but the formulas are set up to calculate different scenarios. We have good numbers on those working and not (other than the under the table crowd), we have good numbers on population, we have good numbers on jobs available and those taken. All of these numbers are standard and the Obama administration is using the same formula for the official "adjusted" unemployment numbers as previous administrations. That formula does not count the people who stopped looking, ran out of UE weeks, went under the table, found a lesser job, etc. It counts those "looking for jobs" based on their applying for UE payments.