Job growth returns
#11
That is exactly right Roadie. One month we see a positive, next month we see a negative. The problem is how it's being explained. Just because we saw less unemployment doesn't mean we had job growth, it just means less people are standing in line for unemployment benefits. The politicians take it to mean those people found jobs when that's not the case.
Of course, since we're trying to be honest here, the unemployed population (the part that's actually counted) grew by 125,000 people in the same month. That part of the story is curiously absent from the celebration narratives, as is the part about the additional 369,000 who can only find part-time work or the additional 184,000 who have given up trying to find a job. I'm not entirely sure they'll be joining in the victory celebration either. On balance though, I'd consider the report to be good news if I had spent a couple trillion borrowed dollars with nothing to show for it. Gotta start somewhere. Economists seem to think that this kind of slow growth will continue for a while, so the question will be how long does it take to move past cheap temp labor and into meaningful economic growth. The cycle usually starts with already employed people working longer hours, then the temps come in, then the real jobs. We've reached Stage 1 then. For the sake of The One™, hopefully the later stages will come sooner than forecast. Since people make babies and most of those babies grow up and look for work, it takes around 150,000 to 200,000 new jobs a month, every month, to make a dent in the unemployment rate.
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#12
Your right on Roadhog. We have lost our morals, especially young people and it is or is going to be the undoing of this country, maybe the world if it doesn't get straightened out. SOON!!! Isn't it something that people laugh about that? It will NEVER happen. Famous last words!
#13
Allot of things have changed in the last couple years many of us would have never thought could happen...and look at us now. :tears:
What will a year or two from now look like? I don't want to give too much credit toward the progressives, but I want to raise some valid questions........Voting I think is a far reaching feel good desperation for the independants and conservatives, as well as hoping to win justice through the Courts. Even Obama has the swagger to taunt "Go for it!" They know their plan is extremely effective, well thought out and they have enough control already. They are causing diversions to quietly nudge more and more control everyday. Look at the Advisors, Czars, and latest Appointees, along with the media and community organizing machine. The progressives have a strategy in place and we've underestimated them. We won some little victories, but they are just scraps, giving us a false purpose. Look at the genius of what the progressives have accomplished, and where they are going with this. This is about more than just the United States. This is a Global plan, and when the time comes, we will see the shift. Imagine the elections this November, what would happen if accusations of voter fraud run amok at some of the elections? We already have over a dozen States with unsustainable economies. These States are right now pressuring Unions to give concessions, which is the very scenario going on in Greece causing riots in the streets. Imagine the corporate retiree's anger when they loose their benefits, and get dumped into the bankrupt medicare system. This Nations economy and Constitution does not need to be overwhelmed much more than it already is to collapse. Look at the big picture. Things are even worse in other Countries, and I believe we will see a domino effect begin in Europe during the next year. They are going to be forced to make some drastic changes. The world and this Nation is not at the brink yet, but we are heading faster and more sure in that direction. Imagine Israel bombing Iran sometime in the next year. It is a realistic direction of what is to come. Imagine gas rationing, if you can even afford it. We've already witnessed how insane many of the world leaders are. Imagine what they will be like at the brink. Someone is going to use nukes or biological weapons. History repeats itself, yet we are seeing so many things we label unprecedented. We are passing boundries never before seen, into uncharted territory. When you base the future on unprecedented and uncharted, what are we heading into? I want to cling to the positive scenarios, but I'm loosing conviction in holding onto any of that, and some of what I painted above, in my bones seems more realistic. I want to know the truth, and face reality. I don't want to believe in conspiracy, or find I've been a fool for what I believe. I do recognize some of the things I use to believe, I now have learned better, and I was wrong. I know today some of my gut feelings will be proven true, and some will be proven wrong. This much I'm certain of >>> ............. ............................................ ((( stinking commies and jihadists )))
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#14
Mr. Ford95 said:
That is exactly right Roadie. One month we see a positive, next month we see a negative.
:lol: Not sure which partner you play in the Texas Two-step, but IIRC.... the LEADER takes two steps forward for only ONE step back. Right now, I'd say that Obama is outdancing ole Dubya! :lol:
The problem is how it's being explained.
But, I agree with you that the numbers can be "manipulated," and it's hard to follow all the confusing explanations. I'm NO economist. But, I think I got some insight from that article. Mostly, I figured out how that many jobs created did not change the unemployment rate, so Michael Steele was CORRECT.... yet misleading.... when he claimed they had NO effect on the unemployment number. I'm home for the weekend. No freight to haul tomorrow due to this "religion thingy" called EASTER! :lol2::lol: [That's a JOKE!]So, I think I will TRY to explain it for you.... and for ME.... and anyone else who will listen.
Just because we saw less unemployment doesn't mean we had job growth, it just means less people are standing in line for unemployment benefits.
The politicians take it to mean those people found jobs when that's not the case.
After reading the article, I can see that of the 162,000 jobs, 48,000 are census workers... leaving 114,000 jobs (I guess EITHER saved or created.) People can spin it any way they want, blame it all on the stimulus bill if they want (which would be incorrect,) .... but, it is the highest I believe since the recession began in EARLY 2008 (under Dubya's watch... and due to many of HIS policies.) And EACH of those families are PROBABLY saying.... "Thank you Mr. Obama!" :thumbsup:
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#15
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#16
Right now, IIRC, we are seeing a postive for the 3rd time in the last 5 months and only the THIRD time since the recession began in late 2007. Um.... that means ALL 3 of the positive growth months have happened under Obama's watch.... and following his stimulus package. Keep in mind... this is not a NOVEL approach. It's been used by many presidents over many years. (All of them White! :lol2: )
:lol: Not sure which partner you play in the Texas Two-step, but IIRC.... the LEADER takes two steps forward for only ONE step back. Right now, I'd say that Obama is outdancing ole Dubya! :lol: See, I can pick and choose when to start counting and whom to blame just like you guys can. (Those graphics that you like so much are a little different when you track the people who actually appropriate the money.)Pop quiz for you - Which president had the longest period of uninterrupted job growth in American history? Your man Bush, of course. Now, does anyone believe that the job market from 2003 to 2008 was stronger than those under Reagan/Bush or Clinton II? I sure don't, because the 'uninterrupted' part is mainly a technicality, but 52 months straight is still 52 straight months. Right now we're on Month #3 if I concede the technicality and don't count February as a loser, although jobs were lost. So you might want to ease back on the hyperbole a little before you celebrate the fact that there were more unemployed people in March than there were in February. The jobs added are a positive sign. Republicans won't say this for obvious reasons, but a handful of new private sector jobs is better than no private sector jobs. Trying to spin it from there into your ever-present narrative is a huge overreach.
I believe you were talking in the abstract here (about other reports,) and I agree with what you said. But, realize that THIS time, we are talking about positive job growth, yet NO less unemployment "RATE,"
And a higher number of unemployed people, as well. The coin has two sides, no matter how much we wish it were otherwise.
And there was some interesting little tidbit about some 200,000 who have rejoined the "search" because they see "movement" in the hiring market. More later.
The "real" number that Pelosi et al loved to trumpet back when the unemployment rate was 5% (A16, I believe, but I don't feel like searching for it right now) is actually up a tick, for those who like to make this a political scorekeeping game and/or hypocrisy watch.
After reading the article, I can see that of the 162,000 jobs, 48,000 are census workers... leaving 114,000 jobs (I guess EITHER saved or created.) People can spin it any way they want, blame it all on the stimulus bill if they want (which would be incorrect,) .... but, it is the highest I believe since the recession began in EARLY 2008 (under Dubya's watch... and due to many of HIS policies.) And EACH of those families are PROBABLY saying.... "Thank you Mr. Obama!" :thumbsup:
In summary: Another day, another spin game. The view from the left is that all good news is a gift from The One™ and all bad news was caused by Bush. The view from the right is that all good news is in spite of The One™ and it should have been better. Pick the topic, insert the chosen narrative, it never changes.
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#17
Hobo, our local paper did some investigating here on the unemployment and job growth numbers. What they found was that many peole have given up on unemployment, hence the lower number's for that. Job growth stayed the same, very little increase at all, BUT because the unemployment number went down(due to more people giving up on it than those applying for it) the politicians around here were willing to claim job growth was up even though it actually wasn't. That is happening everywhere, it's a false positive as they showed. Went thru this with a couple of buddies from school. 1 is a huge Obama fan, every time a job report comes out he's touting Obama's plan as the reports show less unemployment which means job growth. We ask him a question or two of which he has no answer to and he gets all mad and leaves.
All it means is that we are getting to the bottom of the barrel after several years. Companies and business' can't lay off anyone else without shutting down. There is nobody else left to go to unemployment so the number/rate won't/can't go much higher than it already is. Because of that, any job gains look great even though the truth is it's completely stagnant right now. We saw a positive report around X-mas, again here as the Census is cranking up and as taxes are due. Let's see what happens come May-June before we call it job growth. You are correct, the stimulus Obama did for job growth has done nothing to help job growth. |
I don't want to give too much credit toward the progressives, but I want to raise some valid questions........
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