Economy Slowly Improves; Gunner Hates it
- Thread starter Gunner
- Start date
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What a hypocrite!
Coming to your dads defense?
Obama announce his intentions to run again. What are you most proud of? Oh yeah the Eric Holder shifted the 911 bomber case to the military. What an ass.
I guess Bush was right again.
Also, Obama made you look like an ass again
Vote hope and change again!!!
Coming to your dads defense?
Obama announce his intentions to run again. What are you most proud of? Oh yeah the Eric Holder shifted the 911 bomber case to the military. What an ass.
I guess Bush was right again.
Also, Obama made you look like an ass again
Vote hope and change again!!!
Since when do you care about the unemployed? Aren't you getting paid to post?
<font size="5">
U.S. economy adds 216,000 jobs,
unemployment drops to 8.8%</font size>
Title of Thread said:
Qaddafi death gives NATO its 'mission accomplished' moment in Libya
NATO declared its military mission in Libya accomplished on Friday, a day
after the alliance’s air power assisted in the violent demise of the ousted
leader Muammar Qaddafi.
OCTOBER 27, 2011
U.S. Economic Growth Accelerates
The U.S. saw its strongest growth of the year in the third quarter, as
Americans stepped up spending, businesses boosted investment and
exports grew.
Separately, new claims for unemployment benefits fell slightly last week
yet remained elevated, showing that the labor market is still struggling
to find its footing.
Gross domestic product, the broadest measure of all the goods and
services produced in an economy, grew at an inflation-adjusted annual
rate of 2.5% from July through September, the strongest performance
in a year. The economy grew a paltry 0.4% in the first quarter and 1.3%
in the second quarter of the year, sparking concerns of a new downturn.
"Despite negative economic headlines, we're not seeing evidence of a
slowdown in demand,"
http://online.wsj.com/article/SB100...8.html?mod=googlenews_wsj#articleTabs=article
______________________________
Now stand by. It won't be long at all before the next round of shit starts.
There is just no way this economy is going to be allowed to improve at
the hands of this president.
If the economy recovers, Republican chances of taking back the White
House in 2012 all but diminishes, absent assassination. Hence, I honestly
do not believe that this good news can go unchallenged.
Do you ?
Jobless rate drops sharply
to 8.6 percent in November
President Barack Obama and Former President Bill Clinton tour a "trophy" office
building Friday in Washington, D.C., and talk about job creation and energy
efficiency. | Olivier Douliery/Abaca Press/MCT
McClatchy Newspapers
By Kevin G. Hall
Friday, December 2, 2011
WASHINGTON — The surprising drop in November’s unemployment rate to 8.6 percent overshadowed what may be a more significant positive trend, a sharp upturn in hiring by the nation’s small businesses.
Overall, U.S. employers added 120,000 jobs in November as the unemployment rate fell sharply from 9 percent, the Labor Department said in a report that brought holiday cheer.
Private-sector employers added 140,000 jobs last month, the Bureau of Labor Statistics reported in its survey of non-farm payrolls, but the net job gain was dragged down by 20,000 government jobs lost at federal, state and local levels.
The BLS also revised the September job estimates sharply upward from the original 158,000 to 210,000, a strong number. October’s estimate of 80,000 jobs gained also was revised up, by 20,000.
“The job market is firming at year's end. Job growth has picked up in recent months, particularly among smaller businesses. The employment gains have also broadened out across industries from retailing to manufacturing,” said Mark Zandi, the chief economist for forecaster Moody’s Analytics. “The sharp improvement in unemployment is encouraging, but overstates the improvement. The job market is still struggling, but it is gaining momentum going into 2012.”
Economists think the BLS payrolls report may be undercounting hiring by small businesses. This may explain why a key private-sector employment gauge posted surprisingly strong numbers Wednesday somewhat at odds with Friday’s BLS data. The ADP National Employment Report said 206,000 private-sector jobs were created in November. Employers with more than 500 workers accounted for about 6 percent of the hiring, the ADP report said, while employers with fewer than 49 workers accounted for 53 percent of the new jobs.
The National Federation of Independent Business, which surveys the pulse of smaller firms, also said Friday that its members were seeing an uptick in hiring.
“The percent of owners cutting jobs has returned to ‘normal’ levels,” said William Dunkelberg, the group’s chief economist. “And the percent of owners adding workers continued to trend up. Reports of new job creation should pick up a bit in the coming months."
The sharp fall in the unemployment rate, while a potential boost to the political fortunes of President Barack Obama, stemmed from two factors.
First, there was an outsized decline of 315,000 people in the workforce. Those presumably are people who gave up looking for work, and they’ll return to the workforce eventually. The rest stemmed from growth in the number of jobs.
“About half of the drop in unemployment in the household survey was due to a decline in the labor force … and about half to employment growth,” Alan Krueger, the new head of the White House Council of Economic Advisers, said in a statement.
The unemployment rate is derived from a survey of households, while the job-growth number is drawn from a survey of businesses. Economists at RDQ Economics, a New York forecaster, argued in a research note that the household survey has shown stronger employment gains than the payroll survey has for four straight months. RDQ said the unemployment rate had shown “a more rapid decline than one would have expected given the data on the broader economy.”
The strong job numbers add to a recent trend of positive economic indicators, including sharply rising consumer confidence, auto sales, Black Friday retail sales and a key manufacturing index by the Institute of Supply Management. It all points to a firming U.S. economic recovery, with the biggest shadow cast by Europe’s debt crisis.
“November's employment gain, augmented by net upward revisions of 72,000 to September-October readings, continues the run of U.S. economic data showing heartening (and in its degree somewhat surprising to us) resilience in the face of the deepening euro area debt crisis,” Alan Levenson, the chief economist for Baltimore-based investment giant T. Rowe Price, wrote in a research note.
Stocks rallied as trading opened Friday, but concerns about Europe, where leaders hold key meetings next week, killed off the rally late in the day. The Dow Jones industrial average ended down 0.61 point to close at 12,019.42. The S&P 500 was off 0.30 point to 1,244.28 and the NASDAQ finished up 0.73 point to 2,626.93.
Economists for Bank of America Merrill Lynch characterized the good jobs numbers with a catchy headline: “Employment: Labor market moved into second gear.” The U.S. economy has built momentum heading into 2012, they said.
“Over the last three months, the U.S. economy has been generating roughly 145,000 jobs per month — not a blow-out, to be sure, but still ahead of what we saw in the summer. The weakness in employment continues to be in the state and local government sector,” the economists wrote.
Most economic sectors posted job gains, including retail, which added 50,000 posts, and professional and business services, up 33,000. Temporary employment, usually a harbinger of future employment, increased by 22,300 positions. Leisure and hospitality, also a harbinger of increased white-collar and business spending, rose 22,000.
Manufacturing employment was largely unchanged.
“Manufacturers have added just 6,000 net new jobs since July; whereas from January 2010 to July 2011, they generated 302,000 in new employment,” Chad Moutray, the chief economist for the National Association of Manufacturers, noted in his blog Shopfloor.org.
Still, Moutray was optimistic about a better 2012.
“It would be nice to get the manufacturing jobs engine going again, with net job gains where they were prior to August. Nonetheless, there are signs of improvement in many areas of the economy — including manufacturing — which should spill over into a better 2012,” he wrote.
There wasn’t much optimism for the hard-hit construction sector, which shed another 12,000 jobs in November. Over the past 12 months, the construction industry has added just 18,000 jobs, and a surge is unlikely next year, according to the trade group Associated Builders and Contractors.
“According to ABC’s 2012 Construction Economic Forecast, we can only expect to see gradual progress in construction activity next year,” Anirban Basu, the group’s chief economist, wrote in an analysis of the jobs numbers.
NOVEMBER BY THE NUMBERS
— Government jobs, down 20,000.
— Construction, down 12,000.
— Manufacturing, up 2,000.
— Financial services, up 8,000.
— Transportation and warehousing, up 8,300.
— Health care, up 17,000.
— Leisure and hospitality, up 22,000.
— Temporary help services, up 22,300.
—Professional and business services, up 33,000.
— Retail, up 50,000.
http://www.mcclatchydc.com/2011/12/02/131958/unemployment-drops-to-86-percent.html
U.S. added 200,000 new jobs in December
as economy gains traction
Unemploymnet falls to 8.5%
McClatchy Newspapers
By Kevin G. Hall
Friday, January 6, 2012
WASHINGTON — Can it last? That was the question everyone was asking after the Labor Department reported Friday that employers added 200,000 jobs in December and the unemployment rate fell to 8.5 percent.
The improvement on the jobs front is the latest sign that the U.S. economy is solidly on the mend. While shadows remain over the future — continued weakness in housing, Europe’s debt crisis and possible recession, and a slowdown in China — the U.S. outlook is brighter than it’s been in years. If this continues through the next 10 months — a big if — it could strengthen President Barack Obama’s chance of re-election.
Mainstream economists had expected job growth of 140,000 to 160,000, so private-sector growth of 212,000 was a surprise. The overall new-jobs total was dragged down by government layoffs, which eliminated 12,000 positions.
Healthy hiring numbers across a wide range of sectors heartened economists. Transportation and warehousing led all sectors with more than 50,000 hires, while hard-hit sectors such as manufacturing and construction posted gains of 23,000 and 17,000, respectively. Health care added almost 23,000 jobs. Retailers hired almost 28,000 workers
“You don’t have to be a rocket scientist to interpret today’s number, just check off the boxes: a pick-up in non-farm payrolls, another drop in the unemployment rate, a tick up in hours worked and a mild gain in hourly earnings,” Neil Dutta and Ethan Harris, top economists at Bank of America Merrill Lynch, wrote in a research note. “Today’s report extends the steady diet of solid economic data, and suggests the U.S. economy built up momentum as we closed out the year.”
Other analysts agreed, but added notes of caution.
"To get to 200,000 sustainably, month by month, we've got to see broader gains than that,” said Nigel Gault, the chief U.S. economist for IHS Global Insight, a prominent economic forecasting group.
“The job outlook is improving, but we aren't home free. The European debt crisis remains a very serious threat, as is the foreclosure crisis and ongoing house price declines. Our daunting fiscal challenges could also derail us in coming months,” cautioned Mark Zandi, the chief economist for forecaster Moody’s Analytics. “Nonetheless, it feels like a self-sustaining economic expansion is kicking in.”
Zandi added: “Not only are businesses curtailing their layoffs, but hiring is also picking up. There is a long way to go to fully recover from the Great Recession, but we are on our way.”
The Bureau of Labor Statistics reported Thursday that the unemployment rate for November was lower in 351 of the 372 metropolitan areas from which it gathers data. However, on Friday the BLS revised the November jobless rate up by a tenth of a percentage point, to 8.7 percent. That meant December’s unemployment rate was a two-tenths-point drop.
At 8.5 percent, the unemployment rate is the lowest it's been since February 2009, Obama’s first full month in office. December also marked four years since the start of the Great Recession, which lasted from December 2007 to June 2009, according to the National Bureau of Economic Research, the official scorekeeper.
While Democrats hope that the jobless rate will continue to fall, economists think it might rise later in the year.
“We think these trends augur well for 2012 and we look for job creation of around 200,000 per month through the year,” wrote economists John Ryding and Conrad DeQuadros of RDQ Economics in New York.
RDQ warned, however, that as dejected workers resume looking for jobs, that’ll push up the unemployment rate later this year, which coincides with the presidential election.
Alan Levenson, the chief economist for investment firm T. Rowe Price in Baltimore, shared that concern. “We don't expect December's rate of job growth to last,” he wrote.
One reason for a potential slowing is signs that the European economy is entering recession. That could reduce exports there from the United States and China — both engines of global growth — and weaken the U.S. manufacturing boom, which is spurring job creation.Most forecasts see growth averaging about a 3 percent annual rate in the final three months of 2011 but slowing to around 2 percent for 2012. The uncertainty surrounding Bush-era tax cuts that are slated to expire at the end of this year also is expected to weigh on business hiring and investment decisions.
However, there are reasons to hope that the economy could surprise on the upside.
Speaking to the Virginia Bankers Association on Friday, Federal Reserve Governor Elizabeth Duke pointed to recent positive readings on consumer confidence as laying the groundwork for a potential surprise later in the year.
“Indeed, an upside risk to my forecast is that consumers who postponed spending during the past few years could decide to unexpectedly take the plunge and make those purchases. For example, auto purchases seem to be especially good candidates for surprise as the average age of cars on the road indicates pent-up demand and credit is readily accessible,” Duke said. “Moreover, as households gain confidence that job and income prospects are improving, that should provide a further boost to spending and loan demand.”
Manufacturers welcomed the report but remained cautious.
“This employment report is definitely good news and an extremely pleasant way to bring in 2012. The domestic economy — particularly among manufacturers — is starting to rebound after several weak months in mid-2011. More importantly, recent data suggest that manufacturers are upbeat about production and employment moving forward — a positive sign for the coming months,” Chad Moutray, the chief economist for the National Association of Manufacturers, wrote in his blog Shopfloor.org.
Plenty still could go wrong, however, he cautioned.
“The unemployment rate is still stubbornly high, the housing market is improving but still depressed, economic anxieties about Europe still resonate as well as the uncertainty being created in Washington,” Moutray wrote. “These concerns suggest that businesses remain cautiously optimistic about 2012, mindful of the head winds that still persist around them.”
Friday’s report put the number of long-term unemployed — jobless for 27 weeks or more — at 5.6 million, or 42.5 percent of the unemployed, about the same as the previous month. The number of people employed part time for economic reasons — those whose hours were cut or who want full-time work but can’t find it — fell by 371,000 to 8.1 million in December. Both are trends that have been improving but remain stubborn challenges very likely to persist.
The “jobs deficit left from losses in 2008/2009 remains well over 10 million jobs; even at December’s growth rate, it would still take about seven more years — until around 2019 — to fill the gap and get back to the pre-recession unemployment rate,” warned Heidi Shierholz, a labor economist at the liberal Economic Policy Institute. “We need reports this strong and stronger for many years to come to bring our labor market back to health.”
DECEMBER BY THE NUMBERS:
- Government jobs, down 12,000.
- Temporary help services, down 7,500.
- Financial services, up 2,000.
- Professional and business services, up 12,000.
- Construction, up 17,000.
- Leisure and hospitality, up 21,000.
- Health care, up 22,600.
- Manufacturing, up 23,000.
- Retail, up 27,900.
- Transportation and warehousing, up 50,200.
http://www.mcclatchydc.com/2012/01/06/135017/unemployment-drops-to-85-percent.html
<font size="5"><center>
Job growth surges,
jobless rate drops to 8.3 percent</font size><font size="4">
The economy created jobs at the fastest pace in nine months in January
and the unemployment rate dropped to a near three-year low of 8.3
percent, indicating last quarter's growth carried into early 2012.</font size></center>
Reuters
Friday, February 3, 2012
Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, the most since April and beating economists' expectations for a gain of only 150,000.
Economists had expected the jobless rate to hold steady at 8.5 percent. The rate has dropped 0.8 percentage point since August.
The decline last month reflected large gains in employment in the separate household survey from which the unemployment rate is derived. Fewer people left the labor force.
Job gains last month were widespread, with even the transportation and warehousing sector increasing payrolls.
The tenor of the report was further strengthened by revisions to November and December payrolls data, which showed 60,000 more jobs created than previously reported.
In addition, average hourly earnings rose four cents, which should help to support spending. The report suggested that expectations of a slowdown in U.S. economic growth in the first quarter were not yet impacting on companies' hiring decisions.
The continued labor market improvement could be a relief for President Barack Obama who faces a tough re-election.
The U.S. Federal Reserve last week said it would probably hold interest rates near zero at least through 2014, citing still-high unemployment.
Chairman Ben Bernanke said the Fed was mulling further purchases to speed up the recovery, but the last employment numbers could cause policymakers to step back. The U.S. central bank has already bought $2.3 trillion in bonds to keep rates low and spur the economy.
JOBS DEFICIT HUGE
The U.S. economy grew at a 2.8 percent annual rate in the final three months of 2011, quickening from 1.8 percent in the third quarter. However, the rebuilding of stocks by businesses accounted for two-thirds of the rise, setting the economy up for a slower growth pace this quarter.
Growth is also seen moderating as the European debt crisis, which has already pushed some economies in the region into recession, takes an edge off U.S. exports.
Still, there are signs that the economy continues to have momentum. Auto sales were buoyant in January, factory activity hit a seven-month high and the four-week average of new jobless claims fall through the month.
While job growth has quickened there are no jobs for three out of every four unemployed people and 19.3 million Americans are either out of work or underemployed.
But there is reason for cautious optimism. The unemployment rate has declined for five straight months, partly because of unemployed workers giving up the hunt for a job and people actually finding work.
A broad measure of unemployment, which includes people who want to work but have stopped looking and those working only part time but who want more work, slipped to 15.1 percent in January from 15.2 percent in December.
BENCHMARK REVISIONS
The January household survey data incorporated new population controls. The department also released annual revisions to the payrolls data from the survey of employers and introduced new factors to adjust for seasonal fluctuations.
It said the level of employment in March of last year was 165,000 higher than it had reported, on a seasonally adjusted basis.
Mild winter weather boosted construction employment last month, which added 21,000 after a 31,000 increase in December. Manufacturing surged 50,000, the largest rise in a year, after rising 32,000 the prior month.
That contributed to the goods-producing sector posting 81,000 jobs last month, the most since January 2006.
Transportation and warehousing employment increased 13,100 and courier jobs only fell 1,500, defying expectations of a large drop.
Retail employment rose 10,500 after gaining 6,200 in December. Temporary help services jumped 20,100 after rising 8,300.
(Reporting By Lucia Mutikani; Editing by Andrea Ricci)
http://www.reuters.com/article/2012/02/03/us-usa-economy-idUSTRE7BM0AB20120203
Job growth surges,
jobless rate drops to 8.3 percent</font size><font size="4">
The economy created jobs at the fastest pace in nine months in January
and the unemployment rate dropped to a near three-year low of 8.3
percent, indicating last quarter's growth carried into early 2012.</font size></center>
Reuters
Friday, February 3, 2012
Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, the most since April and beating economists' expectations for a gain of only 150,000.
Economists had expected the jobless rate to hold steady at 8.5 percent. The rate has dropped 0.8 percentage point since August.
The decline last month reflected large gains in employment in the separate household survey from which the unemployment rate is derived. Fewer people left the labor force.
Job gains last month were widespread, with even the transportation and warehousing sector increasing payrolls.
The tenor of the report was further strengthened by revisions to November and December payrolls data, which showed 60,000 more jobs created than previously reported.
In addition, average hourly earnings rose four cents, which should help to support spending. The report suggested that expectations of a slowdown in U.S. economic growth in the first quarter were not yet impacting on companies' hiring decisions.
The continued labor market improvement could be a relief for President Barack Obama who faces a tough re-election.
The U.S. Federal Reserve last week said it would probably hold interest rates near zero at least through 2014, citing still-high unemployment.
Chairman Ben Bernanke said the Fed was mulling further purchases to speed up the recovery, but the last employment numbers could cause policymakers to step back. The U.S. central bank has already bought $2.3 trillion in bonds to keep rates low and spur the economy.
JOBS DEFICIT HUGE
- Employment in the private sector surged 257,000 - the largest gain since April; and
- Government payrolls fell 14,000, the least amount since September.
The U.S. economy grew at a 2.8 percent annual rate in the final three months of 2011, quickening from 1.8 percent in the third quarter. However, the rebuilding of stocks by businesses accounted for two-thirds of the rise, setting the economy up for a slower growth pace this quarter.
Growth is also seen moderating as the European debt crisis, which has already pushed some economies in the region into recession, takes an edge off U.S. exports.
Still, there are signs that the economy continues to have momentum. Auto sales were buoyant in January, factory activity hit a seven-month high and the four-week average of new jobless claims fall through the month.
While job growth has quickened there are no jobs for three out of every four unemployed people and 19.3 million Americans are either out of work or underemployed.
But there is reason for cautious optimism. The unemployment rate has declined for five straight months, partly because of unemployed workers giving up the hunt for a job and people actually finding work.
A broad measure of unemployment, which includes people who want to work but have stopped looking and those working only part time but who want more work, slipped to 15.1 percent in January from 15.2 percent in December.
BENCHMARK REVISIONS
The January household survey data incorporated new population controls. The department also released annual revisions to the payrolls data from the survey of employers and introduced new factors to adjust for seasonal fluctuations.
It said the level of employment in March of last year was 165,000 higher than it had reported, on a seasonally adjusted basis.
Mild winter weather boosted construction employment last month, which added 21,000 after a 31,000 increase in December. Manufacturing surged 50,000, the largest rise in a year, after rising 32,000 the prior month.
That contributed to the goods-producing sector posting 81,000 jobs last month, the most since January 2006.
Transportation and warehousing employment increased 13,100 and courier jobs only fell 1,500, defying expectations of a large drop.
Retail employment rose 10,500 after gaining 6,200 in December. Temporary help services jumped 20,100 after rising 8,300.
(Reporting By Lucia Mutikani; Editing by Andrea Ricci)
http://www.reuters.com/article/2012/02/03/us-usa-economy-idUSTRE7BM0AB20120203
State-run media tells you things are improving.
Yet,
gas prices are still sky high...
wars are being fought all over Africa...
empty storefronts are everywhere...
office buildings are emptying out...
malls are still dying...
foreclosures are continuing...
home prices are still dropping...
but somehow things are improving.
I suppose if state-run media said unemployment dropped to 3%, people would take that at its word too.
All of this evidence and yet the State thinks anyone belives this propaganda.
Reuters, ABC News, Huffington Post, CNBC, CNN, Bloomberg, and the rest of you scum... no one believes you.
You didn't see the 2008 financial crash, so you lost all your credibility.
Yet,
gas prices are still sky high...
wars are being fought all over Africa...
empty storefronts are everywhere...
office buildings are emptying out...
malls are still dying...
foreclosures are continuing...
home prices are still dropping...
but somehow things are improving.
I suppose if state-run media said unemployment dropped to 3%, people would take that at its word too.
All of this evidence and yet the State thinks anyone belives this propaganda.
Reuters, ABC News, Huffington Post, CNBC, CNN, Bloomberg, and the rest of you scum... no one believes you.
You didn't see the 2008 financial crash, so you lost all your credibility.
When you don't have the facts on your side; argue the law.
When you don't have the law on your side; argue the facts.
When you have neither on your side (as in the case above); just confuse the two.
I wouldn't hold my breath.
When you don't have the facts on your side; argue the law.
When you don't have the law on your side; argue the facts.
When you have neither on your side (as in the case above); just confuse the two.
I wouldn't hold my breath.
I won't.
It should be noted that it was this same "state run" (I have many complaints about the modern news media but being state run isn't one) media that reported when the unemployment rate was over 10%. Where was the skepticism then?
When you don't have the facts on your side; argue the law.
When you don't have the law on your side; argue the facts.
When you have neither on your side (as in the case above); just confuse the two.
I wouldn't hold my breath.
That's the best you have?
Obama supporters are as blindly loyal as those Tea Party clowns. Purely emotional and very little reason.
Before I deluge you with the evidence of Obama's total ineffectiveness, let me introduce you to http://www.shadowstats.com.
If you want to check gas prices, just go to your local gas station. Average gas prices have been higher under President Obama, then any President in United States history.
I know Obama supporters love to drink his kool-aid, but he has been horrible for the black community. Obama is like every other white President of the last 50 years.
Why would any black person support Obama, after a disastrous 3 years, other than a paycheck or emotions?
You actually believe they are telling you the truth?
Wow.
But, it is that naivete that typifies Obama supporters.... clueless as hell, or emotional train-wrecks, or Jesus-freaks looking for their personal savior in the half-white President.
Looking for hope in an elected political official who is paid to do a job. That's kind of pathetic.
The disaster started before he took over.
And since when is the President responsible for gas prices. I didn't think it was fair to blame it on Bush when they went up under him and it's not fair to put it on Obama now (by the way, gas was higher in my area under Bush. I still haven't paid $4 a gallon gas like before).
What's pathetic is being selectively skeptical. I don't recall seeing doubt from you when the numbers were bad but here you are as they show improvement.
Since people vote their pocketbook, Obama is responsible.
If he thinks differently, he will get an education this November after people are paying $4+/gallon this summer.
Obama had the best opportunity possible in 2009 to address the gas problem. Instead, he focused on healthcare. Well, that decision he made in 2009 will have to be paid in 2012.
This country was built on $1.25/gallon gas. It is not profitable at $3/gallon, let alone $4/gallon.
That's because Obama-lovers weren't announcing sunshine in the middle of a thunderstorm.
The economy is S**T! Coming up with some imaginary numbers, without anything to back them up, and saying "look, everything is fine now!" just shows how much contempt Obama has for the intelligence of voters.
But, he knows some of them well enough that they'll believe whatever his state-run media says regardless of reality.
I think you are in the minority. Most people are mad as hell and aren't going to take it anymore.
Just ask the Occupy movement about that (never saw that under Bush).
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No, but you haven't proven that you deserve anything more.
Your dislike for the president simply because, as YOU said, he's "half-white" and "he's not black" etc., ad nauseam, is obvious in all of the nonsensical, child-like, hate-permeated things you have to say.
Say something worth responding to, and I will.
Otherwise, you were dismissed, awhile ago.
sabe ¿
Well, since you have all the answers, I guess there is nothing more you can learn.
Record 1.2 Million People Fall Out Of Labor Force In One Month
And Labor Force Participation;
This is the largest absolute jump in 'Persons Not In Labor Force' on record...and biggest percentage jump in 30 years.
And Labor Force Participation;
This is the largest absolute jump in 'Persons Not In Labor Force' on record...and biggest percentage jump in 30 years.
Oh, now you're going to try to characterize your brand of ignorance and hatred as, Learning ? ? ? GTFOH.
BTW, it did not go unnoticed that you failed to deny that your comments are based on your own prejudice.
No need to try to deny it now; you had a chance to make your position clear, and you failed -- which means at the very least, you tacitly, if not expressly, admitted that my assessment of you is correct.
how come nobody is mentioning the fact that, there is a concentrated effort by repiglicans to sabatoge the unemployment numbers by keeping them as high as possible...
how come nobody factors in this deliberate tea baggy move...
republicans are so childlike in their desire to win every fuckin little battle is the reason capitalism as we know it, will be a thing of the past....
stupid assholes dont realize if the masses dont work, no homes getting bought fuckin morons...no mortgages getting paid and more bail outs will be needed, the cycle of economic death son!!
how come nobody factors in this deliberate tea baggy move...
republicans are so childlike in their desire to win every fuckin little battle is the reason capitalism as we know it, will be a thing of the past....
stupid assholes dont realize if the masses dont work, no homes getting bought fuckin morons...no mortgages getting paid and more bail outs will be needed, the cycle of economic death son!!
If another 40 million Americans of working age can be 'not counted' by the BLS, the unemployment rate will drop to approximately 2%.
The Labor Department estimated on Friday that the economy gained 243,000 jobs.
The department also estimated that the economy lost 2,689,000 jobs in the month.
The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary Christmas jobs end. So the government applies seasonal adjustment factors in an effort to discern the real trend of the economy apart from seasonal fluctuations. The actual survey showed the big loss in jobs. The seasonal adjustments produced the reported gain of 243,000 jobs.
A reason to doubt the number is that there has been a tendency in this cycle for the seasonal factors to overstate moves, in both directions. Labor mobility is down, as fewer workers quit to seek better jobs and employers both hire and fire fewer people than they used to do. If the seasonal adjustment was too large, then the gain should be smaller.
The Labor Department estimated on Friday that the economy gained 243,000 jobs.
The department also estimated that the economy lost 2,689,000 jobs in the month.
The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary Christmas jobs end. So the government applies seasonal adjustment factors in an effort to discern the real trend of the economy apart from seasonal fluctuations. The actual survey showed the big loss in jobs. The seasonal adjustments produced the reported gain of 243,000 jobs.
A reason to doubt the number is that there has been a tendency in this cycle for the seasonal factors to overstate moves, in both directions. Labor mobility is down, as fewer workers quit to seek better jobs and employers both hire and fire fewer people than they used to do. If the seasonal adjustment was too large, then the gain should be smaller.
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If another 40 million Americans of working age can be 'not counted' by the BLS, the unemployment rate will drop to approximately 2%.
The Labor Department estimated on Friday that the economy gained 243,000 jobs.
The department also estimated that the economy lost 2,689,000 jobs in the month.
The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary Christmas jobs end. So the government applies seasonal adjustment factors in an effort to discern the real trend of the economy apart from seasonal fluctuations. The actual survey showed the big loss in jobs. The seasonal adjustments produced the reported gain of 243,000 jobs.
A reason to doubt the number is that there has been a tendency in this cycle for the seasonal factors to overstate moves, in both directions. Labor mobility is down, as fewer workers quit to seek better jobs and employers both hire and fire fewer people than they used to do. If the seasonal adjustment was too large, then the gain should be smaller.
Is this a change in methodology? - or is this the same methodology thats been used for some time ? ? ?
I like rhetorical questions, too.
Let some folks seem to want to tell it, these aren't real numbers because they don't like them. As if there haven't been hundreds of thousands of people who weren't working that just got new jobs.
http://www.washingtonpost.com/blogs/ezra-klein/post/the-january-jobs-report-its-all-good/2011/08/25/gIQAf7zkmQ_blog.html
This country was built on 1.25/gallon gas? Did they use gasoline in the 17 and 1800s?
If people were really concerned about gas, they wouldn't wait for the government to save them, they would change their driving habits, buy fuel efficient vehicles and take better care of
the cars they have.
Now the Occupy movement is against Obama?
If you ever tried to let reality shape your philosophy instead of the other way around, you would be shocked at what's going on.
The economy, the election, the Super bowl and everything else in this country is fixed to keep the status quo in power. Romney is right when he says the economy has to get better but are we suppose to believe he is the best rep the party could nominate. It's all a set-up to get Barack re-elected so he can make the elimination of the Middle Class more acceptable. Hopefully the Occupy movement won't let them get away with it.
Bruh.......just accept or refute the facts in post #60!
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