tag:blogger.com,1999:blog-8151089066452702763.post4122688227950329211..comments2023-05-29T08:36:08.040-07:00Comments on PACNW Righty: 8.3%: Is This Really Good News?PACNW Rightyhttp://www.blogger.com/profile/01735698577507613603noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8151089066452702763.post-40179359924796418892012-02-08T21:03:07.566-08:002012-02-08T21:03:07.566-08:00Winston, that number you provided sure seems to li...Winston, that number you provided sure seems to line up with the not so fast rising trucking numbers. I might try to tremember to ask thsoe in the know if they ahve seen a decrease in load counts over the recent few months.PACNW Rightyhttps://www.blogger.com/profile/01735698577507613603noreply@blogger.comtag:blogger.com,1999:blog-8151089066452702763.post-48293715612611174272012-02-07T19:26:28.154-08:002012-02-07T19:26:28.154-08:00Righty,
The other stat that got my attention rece...Righty,<br /><br />The other stat that got my attention recently is the Baltic Dry Index. It measures bulk cargos at sea and cost of moving many commodities. It recently hit a lower low than after the 2008 debacle.<br /><br />Given the skeery numbers I absolutely agree that there soon will be more trouble in paradise.<br /><br />WinstonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8151089066452702763.post-44986629419978386792012-02-07T15:28:24.438-08:002012-02-07T15:28:24.438-08:00Winston, thank you for the updated numbers. I thin...Winston, thank you for the updated numbers. I think most people do realize that the 8.3% isn't really telling the whole truth about the situtation. I just heard that Interstate Trucking is in the process of laying off about 1,000 drivers across the nation. Not positive the source is realiable (no reason to doubt, just no way to check the numbers yet), but if a trucking firm is letting people PACNW Rightyhttps://www.blogger.com/profile/01735698577507613603noreply@blogger.comtag:blogger.com,1999:blog-8151089066452702763.post-2989876166370125252012-02-06T10:16:06.794-08:002012-02-06T10:16:06.794-08:00Righty,
BLS is correctly the Bureau of Lying Stat...Righty,<br /><br />BLS is correctly the Bureau of Lying Statisticians. If unemployment numbers were calculated as they were in 1994 and before unemployment totals 22% today. <br /><br />But gosh, that just isn't gonna make it for the Pres. So let's lie some more. <br /><br />Also look at U6. Amazingly U6 measures unemployment at 15+%. O wait! Even that is too high to talk about. <Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8151089066452702763.post-45258453378102896572012-02-04T18:22:53.117-08:002012-02-04T18:22:53.117-08:00Mike, it is certainly not as simple as 1.2 million...Mike, it is certainly not as simple as 1.2 million people entering the work force. Please note the graphs at the link in my post. One needs to question, in times of decreasing population growth and an aging population, why would the annual population adjustment jump as much as it did? In none of the previous years did we see the same kind of population adjustment at the turn of a new year.<br /><PACNW Rightyhttps://www.blogger.com/profile/01735698577507613603noreply@blogger.comtag:blogger.com,1999:blog-8151089066452702763.post-78001085826345027742012-02-03T21:23:52.569-08:002012-02-03T21:23:52.569-08:00The 1.2 million number doesn't really mean any...The 1.2 million number doesn't really mean anything, it was just a population adjustment. http://www.ritholtz.com/blog/2012/02/no-rick-santelli-and-zero-hedge-one-million-people-did-not-drop-out-of-the-labor-force-last-month/David Mnoreply@blogger.com