Sadly unemployment hits 8.3%....

  1. You have chosen to ignore posts from tvoter. Show tvoter's posts

    Sadly unemployment hits 8.3%....

    Many are forecasting a correction for July that puts it even higher. Once the summer jobs are over it could be even more dismal.

    We need a POTUS that understands what it takes to create a business environment that produces jobs!!

     
  2. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Sadly unemployment hits 8.3%....

    Did you miss that 163,000 jobs were created?  Manufacturing added jobs.  The rise in UR was due to people re-entering the work force.

     
  3. This post has been removed.

     
  4. This post has been removed.

     
  5. This post has been removed.

     
  6. You have chosen to ignore posts from tvoter. Show tvoter's posts

    Re: Sadly unemployment hits 8.3%....

    In Response to Re: Sadly unemployment hits 8.3%....:
    [QUOTE]Did you miss that 163,000 jobs were created?  Manufacturing added jobs.  The rise in UR was due to people re-entering the work force.
    Posted by DirtyWaterLover[/QUOTE]

    No i didnt miss it. I hope it is a good sign and that things improve. I just know that employers historically hire temporary labor during the summer months and let then go in the fall so, this is not encouraging from that perspective.
     
  7. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Sadly unemployment hits 8.3%....

    More jobs got added this month than last month.  Thats a good thing.

    But it does show that the damage inflicted to the economy by the repubs is significant and deeply rooted. 

    Did I say inflicted on the economy by the repubs?  I meant inflicted on the economy while the repubs were too busy trying to get pork for their districts to notice.

     
  8. This post has been removed.

     
  9. This post has been removed.

     
  10. This post has been removed.

     
  11. This post has been removed.

     
  12. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Sadly unemployment hits 8.3%....

    Here you go Jmel

    http://www.bls.gov/news.release/pdf/empsit.pdf

    This is from BLS.

    CNSNews - isn't that the right wingy version of the Onion?  If you're going to read fictional news, then well, your going to to remain ignorant of the facts.
     
  13. You have chosen to ignore posts from BobinVa. Show BobinVa's posts

    Re: Sadly unemployment hits 8.3%....

    "the damage inflicted to the economy by the repubs is significant and deeply rooted."
    You stick with the Bush did it meme, good for you.

    Every recession since WW2, the economy has rebounded strongly. Except for one...Obama wins the gold medal for "worst economic recovery" 

    For the 41st straight month under Obama, the unemployment rate is over 8%.

    For the 41st straight month under Obama, the liberal media headlines the "hopeful signs".

    What exactly would we expect from a second Obama term? More of the same.
     
  14. This post has been removed.

     
  15. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Sadly unemployment hits 8.3%....

    June 2012 Nonfarm employment: 133,082,000
    July 2012 nonfarm employment: 133,245,00

    That would be an increase of 163,000.

    http://www.bls.gov/news.release/empsit.t17.htm

    And the employment in the Federal Government fell slightly. 

     
  16. This post has been removed.

     
  17. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Sadly unemployment hits 8.3%....

    In response to "Re: Sadly unemployment hits 8.3%....": [QUOTE]More jobs got added this month than last month.  Thats a good thing. But it does show that the damage inflicted to the economy by the repubs is significant and deeply rooted.  Did I say inflicted on the economy by the repubs?  I meant inflicted on the economy while the repubs were too busy trying to get pork for their districts to notice. Posted by DirtyWaterLover[/QUOTE] Yes, a good thing, no the republicans didn't do this. This is the Obama economy. Stagnant as the pool of mud at then end of your driveway
     
  18. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Sadly unemployment hits 8.3%....

    In response to "Re: Sadly unemployment hits 8.3%....": [QUOTE]June 2012 Nonfarm employment: 133,082,000 July 2012 nonfarm employment: 133,245,00 That would be an increase of 163,000. http://www.bls.gov/news.release/empsit.t17.htm And the employment in the Federal Government fell slightly.  Posted by DirtyWaterLover[/QUOTE] You are arguing dribble. The very report you cited called things largely unchanged, as in STAGNANT. It is good that some people got jobs, but overall the picture is not good. You cn't escape that. It is right in the link you posted.
     
  19. You have chosen to ignore posts from tvoter. Show tvoter's posts

    Re: Sadly unemployment hits 8.3%....

    spin doctors!!
     
  20. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Sadly unemployment hits 8.3%....

    Relatedly, drops in federal, state and local funding for schools have resulted in 220,000 teachers being laid off in the last four years.

    Many economists attribute the anemic recovery to the sharp decrease in federal spending...

    ...which appears fine for most repubs, except for the defense spending part.

    On the bright side, the housing market is widely perceived to have hit bottom and is even improving in some areas.


     
  21. This post has been removed.

     
  22. You have chosen to ignore posts from UserName99. Show UserName99's posts

    Re: Sadly unemployment hits 8.3%....

    If our dear Republican friends can just hang on to the bad news for just a few more obfuscating months, their grand dream of destroying of the country and the President will have come treasonously true.

    Sedition, Tax Cuts and Religious Bigotry; Vote GOP 2012.

     
  23. This post has been removed.

     
  24. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Sadly unemployment hits 8.3%....

    Breaking News.................so by election day the country might recover to where it was the day Obama took office, now that's quite an accomplishment.  It will be known in history books as the economic lost term of Obama.

    Obama closer to breaking even on jobs

    Charles Riley
    @CNNMoney August 3, 2012: 12:46 PM ET NEW YORK (CNNMoney) -- Is President Obama a job creator? Not yet. But he might be by Election Day.

    The American economy only has to add another 316,000 jobs to get back to where it was in January 2009, when the president was sworn in.

    Here's the math: 4.316 million jobs were lost in the first 13 months of Obama's presidency. Since he took office, 4 million net jobs have been added back. Right now, that goal is still within reach, even in spite of still-tepid hiring in July. U.S. employers added 163,000 jobs in the month.

    Three jobs reports remain before Election Day. To break even, Obama will need to add just more than 105,300 jobs per month.

    That's doable, but by no means a sure thing. So far this year, job growth north of 105,300 was reported in only four out of seven months.

    Meanwhile, the unemployment rate rose to 8.3% in July -- down from its peak of 10% in October 2009, but still up from the 7.8% it was at when Obama was inaugurated.Alan Krueger, chair of Obama's Council of Economic Advisers, sought to downplay the jump in the unemployment rate, pointing out in a blog post that -- sans rounding -- the rate only rose from 8.217% in June to 8.254% in July.

    But Republican presidential candidate Mitt Romney characterized the report as a "hammer blow to struggling middle-class families" and said Americans deserve an unemployment rate below 8%.

    That's a talking point that should last through Election Day. At this point, getting below 8% by November 6 is rather unlikely.

    Most presidents finish their terms with job gains. By the end of Ronald Reagan's first term, the economy had created an additional 5.3 million jobs. In Bill Clinton's first four years, 11.5 million jobs had been added.

    George W. Bush is the only recent president to win re-election with job losses under his watch. The economy shed 13,000 jobs in his first four years, but just like in Obama's presidency, most of those job losses came in his first year in office.

     
  25. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Sadly unemployment hits 8.3%....

    In Response to Re: Sadly unemployment hits 8.3%....:
    [QUOTE]In Response to Re: Sadly unemployment hits 8.3%.... : Agreed But, foreclosures are up 2% YoY and prices dropped yet another 1.4%.
    Posted by jmel[/QUOTE]

    Indeed.  The market blurbs I've seen say that the housing market will be flat for quite some time.

    What's unclear is what the govt can do about it, if anything.

    I'm also starting to think that a singular driver of the jobs economy is the housing market.  I think that people could find jobs, if they were willing to pull up stakes and go to where the jobs are.  The lack of mobility in the economy is a huge wet blanket.

    (And to me, this is not a partisan or even a political problem; it's psychological.  People are generally afraid of new places and new experiences, and it compounds as they get older.)

    Thoughts?


     

Share