(08-04-2017, 10:34 PM)MalabarJag Wrote:

(08-04-2017, 02:42 PM)HURRICANE!!! Wrote: This is actually funny because Obama's 5% unemployment rates was critiqued by the republicans stating it was fictitious because 20% of the employed people are underemployed and should not count in the 95% employed rate.  What?  Did everyone just get 25% raises in the past 6 months ?  If Obama's 5% rate is not legit, how legit is 4.3%?  To me, 5% is 5% and 4.3% is 4.3%, regardless of your existing pay.  I consider ones market value as the salary they are currently being paid (unless one is overpaid and cannot market ones self at the equivalent pay rate) which is the opposite of being underemployed.

You are exactly right. The unemployment rate is meaningless when so many people who want jobs don't count as unemployed. It is just as meaningless now as it was under Obummer.

What matters is the labor force participation rate, which dropped precipitously throughout most of Obummer's tenure.

If something can corrupt you, you're corrupted already.
- Bob Marley