DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**mikeyyuiok** · 05-08-2011, 04:03 PM

Hrmm.. How come when uneployment goes down its BETTER then EXPECTED, and when it goes up its UNEXPECTED... I am curious what is EXPECTED.....

Anyway...

The economy needs twice as many net jobs per month to rapidly reduce unemployment. The rate has topped 9 percent in every month except two since the recession officially ended in June 2009.

We have the LOWEST particiapation in teh job market in over 25 years!!! WTF.. People just giving up looking for work, and Obama will come out today and say LOOOK UMEPLOYMENT IS DOWN!!!

lol...

WASHINGTON (AP) -- Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession a day after Wall Street posted its worst losses in nearly three years.

Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the past two months, which were also revised higher.

The better-than-expected report gave stocks a small lift one day after the Dow Jones industrial average fell more than 500 points. The Dow jumped as much as 171 points when the market opened, but then erase most gains to rise only 31 points in early-morning trading.

"These numbers are not great," said Ian Shepherdson, an economist at High Frequency Economics, in a note to clients. "But they are a long way from recession territory."

News from The Associated Press

It's a pretty simply philosophy, CSA. If you manage to lower expectations so much that pretty much anybody with a brain thinks "it can't possibly get any worse" then absolutely anything positive is, by definition, better than expected and anything negative is, also by definition, unexpected.

Again, the key to this whole thing is to make sure that expectations move continually lower and that they get smacked down every time they improve. Failure to do this results in a lot more "unexpected" stuff and that tends to make people feel bad about themselves.

05-08-2011, 04:03 PM	#3
mikeyyuiok Join Date Oct 2005 Posts 502 Senior Member	Hrmm.. How come when uneployment goes down its BETTER then EXPECTED, and when it goes up its UNEXPECTED... I am curious what is EXPECTED..... Anyway... The economy needs twice as many net jobs per month to rapidly reduce unemployment. The rate has topped 9 percent in every month except two since the recession officially ended in June 2009. We have the LOWEST particiapation in teh job market in over 25 years!!! WTF.. People just giving up looking for work, and Obama will come out today and say LOOOK UMEPLOYMENT IS DOWN!!! lol... WASHINGTON (AP) -- Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession a day after Wall Street posted its worst losses in nearly three years. Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the past two months, which were also revised higher. The better-than-expected report gave stocks a small lift one day after the Dow Jones industrial average fell more than 500 points. The Dow jumped as much as 171 points when the market opened, but then erase most gains to rise only 31 points in early-morning trading. "These numbers are not great," said Ian Shepherdson, an economist at High Frequency Economics, in a note to clients. "But they are a long way from recession territory." News from The Associated Press It's a pretty simply philosophy, CSA. If you manage to lower expectations so much that pretty much anybody with a brain thinks "it can't possibly get any worse" then absolutely anything positive is, by definition, better than expected and anything negative is, also by definition, unexpected. Again, the key to this whole thing is to make sure that expectations move continually lower and that they get smacked down every time they improve. Failure to do this results in a lot more "unexpected" stuff and that tends to make people feel bad about themselves.
	Quote