Unemployment rate rises to 7.2%.

[The Luke]

13.5% according to some sources.

If Milwaukee and Detroit are reporting 10-15% unemployment when the national average is supposedly 7.2%, doesn't that equate to 20ish% if the national figure has actually been fudged down from 13.5%.

The Luke

[Bindare_Dundat]

They have it nearly going off the chart.

[Bindare_Dundat]

Unemployment Claims Crash Multiple Websites.

As pink slips mount, so do calls to state unemployment centers. Those calls are pouring in so fast that state unemployment claim systems are overwhelmed.

Electronic unemployment filing systems have crashed in at least three states in recent days amid an unprecedented crush of thousands of newly jobless Americans seeking benefits, and other states were adjusting their systems to avoid being next.

http://globaleconomicanalysis.blogspot.com/2009/01/unemployment-claims-crash-multiple.html

[Mark Kerr]

Unemployment Claims Crash Multiple Websites.

As pink slips mount, so do calls to state unemployment centers. Those calls are pouring in so fast that state unemployment claim systems are overwhelmed.

Electronic unemployment filing systems have crashed in at least three states in recent days amid an unprecedented crush of thousands of newly jobless Americans seeking benefits, and other states were adjusting their systems to avoid being next.

http://globaleconomicanalysis.blogspot.com/2009/01/unemployment-claims-crash-multiple.html

Just think what unemployment will be like 8 months from now.

[Slapper]

Hello.

"Official" government agency data is not to be trusted. It is a well-known fact that the numbers are "cooked" every single year. This data is usually masqueraded by Enron accounting-style gimmicks. Take for example inflation. It's a well-known fact that the people who calculate the final figures regularly remove those items, from the product basket from which inflation is calculated, that shoot off the chart in order to "massage" the figures downward. Note that these numbers are NEVER rounded up, but ALWAYS rounded down.

Believing what anyone says is optional, but finding it out for yourself should be mandatory.

[Mons Venus]

Unemployment Claims Crash Multiple Websites.

As pink slips mount, so do calls to state unemployment centers. Those calls are pouring in so fast that state unemployment claim systems are overwhelmed.

Electronic unemployment filing systems have crashed in at least three states in recent days amid an unprecedented crush of thousands of newly jobless Americans seeking benefits, and other states were adjusting their systems to avoid being next.

http://globaleconomicanalysis.blogspot.com/2009/01/unemployment-claims-crash-multiple.html

Hahahaaa I bet they voted for George Bush!

[Dos Equis]

...a "non-American" ha-ha!

That's classic FOX News brainwashing right there!


10.3 million receiving temporary unemployment benefit; an undisclosed number of long term unemployed, 53.5% of Americans receiving some sort of state aid; an undisclosed number of people dependent on welfare; 37 million living in chronic poverty; 28 million so destitute they receive Food Stamps; 50% of pensions funds decimated by the Credit Crunch; $11 trillion of national debt; another couple of trillions in cash about to produce hyperinflation once it works its way through the Shadow Banking System.

But you're right... dismiss reality because a "non-American" told you about it.



The Luke

Let's see.  (A) I can believe the unemployment numbers compiled by all 50 states, which show ranges from 3 to 9 percent.    http://money.cnn.com/pf/features/lists/state_unemployment/

Or (B) I can believe the America-hating non-American on a bodybuilding message board who says "Many parts of America already have 25% unemployment."

I'll take A for 300 Alex.   

[The Luke]

Let's see.  (A) I can believe the unemployment numbers compiled by all 50 states, which show ranges from 3 to 9 percent.    http://money.cnn.com/pf/features/lists/state_unemployment/

Or (B) I can believe the America-hating non-American on a bodybuilding message board who says "Many parts of America already have 25% unemployment."

I'll take A for 300 Alex.   

...firstly, I don't hate America.
I've been to Illinois, Wisconsin, Iowa and Washington State and always enjoyed my time there.

Secondly, dismissing a fact because you don't like the person who brought it to the discussion; or because you prefer to dismiss the arguments of "non-Americans" in general is exemplary of the type of foolishness that has America in its current predicament.

That 7.2% figure is wrong... plain and simple...

Including only those who are receiving temporary unemployment benefit isn't honest in the first place. What percentage of Americans are totally dependent on Welfare payments? What percentage are receiving no income whatsoever (the homeless)? What percentage simply aren't in gainful employment? Either underemployed; earning poverty level wages; unable to find employment; why are Welfare figures so closely guarded? Why does America do so poorly on the UN positive living indices if it truly has such high employment?


The Luke

[Dos Equis]

...firstly, I don't hate America.
I've been to Illinois, Wisconsin, Iowa and Washington State and always enjoyed my time there.

Secondly, dismissing a fact because you don't like the person who brought it to the discussion; or because you prefer to dismiss the arguments of "non-Americans" in general is exemplary of the type of foolishness that has America in its current predicament.

That 7.2% figure is wrong... plain and simple...

Including only those who are receiving temporary unemployment benefit isn't honest in the first place. What percentage of Americans are totally dependent on Welfare payments? What percentage are receiving no income whatsoever (the homeless)? What percentage simply aren't in gainful employment? Either underemployed; earning poverty level wages; unable to find employment; why are Welfare figures so closely guarded? Why does America do so poorly on the UN positive living indices if it truly has such high employment?


The Luke

I'm not dismissing your invented numbers solely because you're an America-hating non-American posting numbers on a bodybuilding message board that conflict with statistics compiled by 50 states.  I mention those facts because it gives you less credibility.  And when the messenger is asking you to take a leap of faith, the messenger's credibility is pretty important. 

I'll take the numbers from the 50 states over your contention that "Many parts of America already have 25% unemployment."

[The Luke]

I'm not dismissing your invented numbers solely because you're an America-hating non-American posting numbers on a bodybuilding message board that conflict with statistics compiled by 50 states.  I mention those facts because it gives you less credibility.  And when the messenger is asking you to take a leap of faith, the messenger's credibility is pretty important. 

I'll take the numbers from the 50 states over your contention that "Many parts of America already have 25% unemployment."

...how did you ever get to be a moderator on this board?


The Luke

[big L dawg]

take a drive threw Detroit and you can see with your own eyes.not what some news station reports.not what the government tells you.but the harsh reality of a economic collapse.I have family in Toledo Ohio.I took the 20 minute drive to Detroit and let me tell you.It's not a pretty site.

[The Luke]

take a drive threw Detroit and you can see with your own eyes.not what some news station reports.not what the government tells you.but the harsh reality of a economic collapse.I have family in Toledo Ohio.I took the 20 minute drive to Detroit and let me tell you.It's not a pretty site.

...in Ireland during the 80s we had 22% unemployment OFFICIALLY... the actual true number was closer to 35% according to some political dissidents.

Each year 70,000 kids would finish secondary school (highschool) while the emigration rate was 35,000 per year... leave school, 50/50 whether you had to emigrate, 50/50 whether you could find work.

We had crime, but surprisingly there weren't any major collapses of society.


The Luke

[Dos Equis]

...how did you ever get to be a moderator on this board?


The Luke

 

[The Luke]

...seriously dude, you seem extremely ill-informed and prejudiced.


The Luke

[Dos Equis]

...seriously dude, you seem extremely ill-informed and prejudiced.


The Luke

Ah yes.  Another member of the Beach Bum fan club.  Can I put you on my Christmas list?   

[The Luke]

Ah yes.  Another member of the Beach Bum fan club.  Can I put you on my Christmas list?   

...I was asking a serious question.

BeachBum, you seem to be the type of person with whom a five-minute conversation constitutes the best argument against democracy.

Ignorant and militant.
 

The Luke

[Dos Equis]

...I was asking a serious question.

BeachBum, you seem to be the type of person with whom a five-minute conversation constitutes the best argument against democracy.

Ignorant and militant.
 

The Luke

O.K.  Now I'm offended.  "Militant"?  How dare you.  I haven't participated in more than half a dozen militia meetings in my entire life.  That was really uncalled for. 

[The Luke]

O.K.  Now I'm offended.  "Militant"?  How dare you.  I haven't participated in more than half a dozen militia meetings in my entire life.  That was really uncalled for. 

...epic comedic evasion when criticism hits a nerve.

You should step down as a Moderator of this board.


The Luke

[Dos Equis]

...epic comedic evasion when criticism hits a nerve.

You should step down as a Moderator of this board.


The Luke

Let me think about it.  No.   

[The Luke]

Let me think about it.  No.   

...then attempt something more constructive that chronic ignorant dismissals.


The Luke

[Dos Equis]

...then attempt something more constructive that chronic ignorant dismissals.


The Luke

No.   

 

[Straw Man]

Hey Bum,

You own a biz.  Have you laid anyone off yet due to the slowing economy?

just curious

some business don't seem to be effected.  I have a friend who runs a wholesale produce distribution biz and he's actually expanding.

[Dos Equis]

Nope.  In fact, my business partners and I decided to take a pay cut this year to avoid laying off any employees.  We could have cut loose one or two employees and avoided this, but we value our workers. 

[Straw Man]

Nope.  In fact, my business partners and I decided to take a pay cut this year to avoid laying off any employees.  We could have cut loose one or two employees and avoided this, but we value our workers. 

has your business slowed down due to the economy

what is your industry?

[Dos Equis]

has your business slowed down due to the economy

what is your industry?

All businesses in Hawaii have slowed down.  We're in a slump just like the rest of the country.  Tourism is down.  Foreclosures and bankruptcies are up.  Property values are down.  But we'll be fine.  We're in a cycle.