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CaliforniaPeggy

(149,516 posts)
1. You sure don't lack for material with this orange blob, do you, my dear EarlG?
Tue May 12, 2020, 12:31 PM
May 2020

The jokes almost write themselves. Well, not really.

You create these posts so cleverly and beautifully.

Bravo!

progree

(10,889 posts)
5. Employment-to-population ratio the lowest its ever been - statistics begin Jan. 1948
Tue May 12, 2020, 01:44 PM
May 2020

Per Bureau of Labor Statistics May 8, 2020, https://www.bls.gov/news.release/empsit.nr0.htm :

In April the employment-to-population ratio is the lowest since records of that began in January 1948 (72 years ago)

Ditto the unemployment rate (except it is at the highest, not the lowest, since that seasonally adjusted series began in January 1948)


Also, the Bureau of Labor Statistics admits the official unemployment rate is almost 5 percentage points higher than the 14.7% reported due to classification errors of some of the household survey interviewers (making it close to 20%)

https://www.bls.gov/news.release/empsit.nr0.htm

As was the case in March, special instructions sent to household survey
interviewers called for all employed persons absent from work due to coronavirus-related business
closures to be classified as unemployed on temporary layoff. However, it is apparent that not all
such workers were so classified.

If the workers who were recorded as employed but absent from work due to "other reasons" (over
and above the number absent for other reasons in a typical April) had been classified as unemployed
on temporary layoff, the overall unemployment rate would have been almost 5 percentage points higher
than reported (on a not seasonally adjusted basis). However, according to usual practice, the data
from the household survey are accepted as recorded. To maintain data integrity, no ad hoc actions
are taken to reclassify survey responses.


And the April numbers come from a sample week of April 12-18. Many more millions of jobs were lost since then, according to the weekly new unemployment claims reports

Putting all of the above together, it is a virtual certainty that the unemployment rate was over 20% at the end of April.

As for the nonfarm payrolls job number being down 20.5 million in April -- that's from a different survey, the Establishment Survey. The key thing to know about that survey is that it is based on pay periods that include the 12th (some employers pay monthly but most pay every 2 weeks, some pay weekly). Anyway, most of that missed the further job losses that occurred in the second half of April.

More Details:
https://www.democraticunderground.com/?com=view_post&forum=1017&pid=581690

gademocrat7

(10,643 posts)
6. The worst person to ever occupy The White House.
Tue May 12, 2020, 02:42 PM
May 2020

He has never done anything for our country. A complete and utter failure.

FakeNoose

(32,561 posts)
7. I think you're right
Tue May 12, 2020, 02:57 PM
May 2020

I'm old enough to remember Nixon, and most of us go back as far as the Ronald Reagan years. Of course we all remember Dubya, he wasn't that long ago! There have been a lot of Republicans to hate and revile over the years.

But when all is said and done, it will be an easy pick. Chump is and always will be the worst pResident ever!

8. Trump would not say, "I will be one of the greatest presidents who ever lived."
Tue May 12, 2020, 03:11 PM
May 2020

He has literally proclaimed himself the "greatest of all presidents."

Let's not grant him modesty he does not have.

ffr

(22,665 posts)
10. We're playing catchup with the stats. Every day every stat just gets worse and worse.
Tue May 12, 2020, 04:02 PM
May 2020

I hate being right, but if anyone votes for a republican ever again, it'll be an act of terrorism on their behalf.

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