Comments on: Local Numbers Improve, Florida Unemployment Biggest Drop In 20 Years

By: David Huie Green

David Huie Green — Tue, 24 Apr 2012 14:32:52 +0000

REGARDING:
“Explain to me why, if the economy is improving, there are so many people on food stamps and in the food pantries?”

Only because you asked.

The reason is that 9 percent is still a bigger number than zero.

David explaining simple math

By: Jane

Jane — Tue, 24 Apr 2012 11:53:17 +0000

Explain to me why, if the economy is improving, there are so many people on food stamps and in the food pantries? Sorry, I am not buying into the propaganda!

By: David Huie Green

David Huie Green — Mon, 23 Apr 2012 09:51:36 +0000

biggest drop, not lowest number

By: as 1981

as 1981 — Mon, 23 Apr 2012 03:49:30 +0000

how do you get “Florida unemployment lowest in 20 years”out of that info? It dropped some from last month but its still at 9%..

By: David Huie Green

David Huie Green — Sat, 21 Apr 2012 22:11:26 +0000

REGARDING:
“That’s because the unemployed who have exhausted all their benefits are not being counted any more. Also, what does “seasonally adjusted” mean as it relates to unemployment figures? I thought they were measuring hard data.”

Unemployment is not figured from unemployment benefits, but from a monthly survey of about 60,000 households across the USA.

As to seasonal adjustment, from http://www.bls.gov/cps/seasfaq.htm

“What is seasonal adjustment?
“Seasonal adjustment is a statistical technique that attempts to measure and remove the influences of predictable seasonal patterns to reveal how employment and unemployment change from month to month.
“Over the course of a year, the size of the labor force, the levels of employment and unemployment, and other measures of labor market activity undergo fluctuations due to seasonal events including changes in weather, harvests, major holidays, and school schedules. Because these seasonal events follow a more or less regular pattern each year, their influence on statistical trends can be eliminated by seasonally adjusting the statistics from month to month. These seasonal adjustments make it easier to observe the cyclical, underlying trend, and other nonseasonal movements in the series.
“As a general rule, the monthly employment and unemployment numbers reported in the news are seasonally adjusted data. Seasonally adjusted data are useful when comparing several months of data. Annual average estimates are calculated from the not seasonally adjusted data series.”

David for truth
Statistically speaking

By: well

well — Sat, 21 Apr 2012 21:35:37 +0000

Depends on how you read this story. Headline says lowest unemployment in 20 yrs, story says biggest monthly drop in 2 decades(20yrs)????????????

By: chris1

chris1 — Sat, 21 Apr 2012 19:02:58 +0000

reply to mc
“I’m retired, but I’d bet my next pension check, I could find a decent job in under a week”
It depends. Are you a highly skilled engineer?Yeah some of those haven’t been outsourced yet.
If you are nursing a govt pension , go and try the real world (not a govt job)and then report back.
To say you “could” do something is a laugh.
I could run the 100 meter dash in 10 seconds (but I don’t/wont).
Likely you believe all that recovery cr*p you watch on FOX, CNN, ABC, CBS, NBC,
it all a bunch of half truth happy talk.

By: nudo

nudo — Sat, 21 Apr 2012 15:15:02 +0000

All for someones political gain..These numbers are phony. Also add the ones who are in some type of school or college…thats why they push it. You no longer count on the unemployment list.

Think about it people…it was just the 2nd or 3rd highest its ever been.

By: mc

mc — Sat, 21 Apr 2012 15:08:49 +0000

I’m retired, but I’d bet my next pension check, I could find a decent job in under a week.

By: 4more years

4more years — Sat, 21 Apr 2012 14:05:32 +0000

Thank you President Obama…