Breaking News-Unemployment rate falls to 8.5 percent

06 Jan 2012 08:39 #11 by FredHayek

LadyJazzer wrote: You got bigger "dark clouds" than that....

Mitt "flip-flop" Romney
Rick "Jesus-Freak" Santorum
Newt "serial-adulterer" Gingrich


lol
John Flip-flopper Kerry
Rev. Jesse "Jesus-Freak" Jackson & serial adulterer.
John "fools around on my cancer stricken wife" Edwards.

You are just so partisan, would Romney be really that much different than Obama? Wall Street will still be getting record bonuses no matter who we elect.
The 1%r's will still have all the wealth.
But don't stop believing. :wave:

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

06 Jan 2012 08:42 #12 by FredHayek

znovkovic wrote: Europe is a mess and the continent is full of nationalism which could repeat itself in history...


lol No one in southern Europe has the money to start a war. And they don't have the military, spending 1% of GDP on their militaries, what is that, 2 rifles and a land rover?

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

06 Jan 2012 08:43 #13 by znovkovic

The Liberals GOP Twin wrote:

CinnamonGirl wrote: Employers add 200,000 jobs, unemployment rate falls to 8.5 percent, lowest in nearly 3 years

I just got this off the wire. I now predict that Obama will pull out this election.

http://www.usatoday.com/money/economy/s ... 52410436/1


"December's biggest growth came in transportation, especially courier services that staffed up for the holidays..." and you can include all the retail that staffed up for the holidays and other seasonal part time temporary work force. Right now, this month, retail will be firing thousands of temporary workers, and they will even be laying off thousands of part time workers until business picks up before Easter. This happens ever year... a lot of lower-on-the-seniority-ladder part time retail employees plan for a seasonal layoff every year at this time of year. We have 3 people in our family that are employed at various levels of retail, I know from experience.

So don't count your chickens before they hatch.


is there a site (private or gov't.) that explains the "unemployment rate" that correlates to industries? I guess since most applications or other types of paperwork ask you for multiple questions about race, gender, religion along with others why not start collecting types of previous work/industry to see better data? Just a thought?

Please Log in or Create an account to join the conversation.

06 Jan 2012 08:46 #14 by znovkovic

FredHayek wrote:

znovkovic wrote: Europe is a mess and the continent is full of nationalism which could repeat itself in history...


lol No one in southern Europe has the money to start a war. And they don't have the military, spending 1% of GDP on their militaries, what is that, 2 rifles and a land rover?


you are probably right about th money, but you don't necessarily need military might for a neighbor to jump the fence and slaughter the family next door with knives, clubs, rocks or by hand?

Please Log in or Create an account to join the conversation.

06 Jan 2012 08:58 #15 by BearMtnHIB
Yea I wouldn't get too excited about the employment numbers just yet. While it is true that we seem to be bottoming out here- the fundamentals have not changed. We still have a massive government that needs to be fed with all the profit this economy generates- plus they are borrowing 2 trillion a year on top of that.

And the government would never "fudge" the employment numbers during an election year would they?

Every year- there is a surge in temporary jobs leading up to Christmas (November and December). And every year those jobs go away in January and Feb. Like I said 30 days ago- I want to see January's numbers, and what we got today was December's numbers. The other factor here that is skewing the numbers is the fact that larger numbers of people are dropping off the employment numbers simply because they have run out of benefits- once that happens- the government counts those people as employed again- and many of them are not employed.

The next 2 months numbers will tell the tale- and maybe the economy is at the bottom- it has to reach a bottom at some point. I think the numbers paint a much more rosy picture than what is the reality.

Please Log in or Create an account to join the conversation.

06 Jan 2012 09:02 #16 by FredHayek

znovkovic wrote:

FredHayek wrote:

znovkovic wrote: Europe is a mess and the continent is full of nationalism which could repeat itself in history...


lol No one in southern Europe has the money to start a war. And they don't have the military, spending 1% of GDP on their militaries, what is that, 2 rifles and a land rover?


you are probably right about th money, but you don't necessarily need military might for a neighbor to jump the fence and slaughter the family next door with knives, clubs, rocks or by hand?


I was just joking, there is historical precedent for this. Germany was indebted in the 1930's. Hitler came in, refused to pay the debt back and invaded his creditors.

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

06 Jan 2012 09:17 #17 by lionshead2010
All I remember is someone in the press (or industry) saying a couple of months ago that "no President has been reelected carrying an unemployment rate above 8%" or something like that. The minute I started hearing that stat I knew both the Administration AND the "fair and balanced" press would do everything in their collective power to make sure the numbers dropped to at or below 8% to secure reelection.

Call me cynical, but I'm sure some number crunchers can take the employment stats and make them look good. If you want to know what's really going on with unemployment you need to visit Main Street America and forget about all the BS artists feeding you these stats. JMO.

Please Log in or Create an account to join the conversation.

06 Jan 2012 09:20 #18 by LadyJazzer

FredHayek wrote:

LadyJazzer wrote: You got bigger "dark clouds" than that....

Mitt "flip-flop" Romney
Rick "Jesus-Freak" Santorum
Newt "serial-adulterer" Gingrich


lol
John Flip-flopper Kerry
Rev. Jesse "Jesus-Freak" Jackson & serial adulterer.
John "fools around on my cancer stricken wife" Edwards.


Which one of them are currently running for president? I forget...?

Please Log in or Create an account to join the conversation.

06 Jan 2012 09:27 #19 by RenegadeCJ

LadyJazzer wrote: Which one of them are currently running for president? I forget...?


None of those but Barack "I have no clue about economics or jobs" Obama is running against an unknown. Considering Obama has been horrible, and has no idea how to improve our economy, we are likely better off economically if the unknown wins. We can't be worse off.

Too bad future generations aren't here to see all the great things we are spending their $$ on!!

Please Log in or Create an account to join the conversation.

06 Jan 2012 09:39 #20 by LadyJazzer
Oh good... For a minute I thought you knew something I didn't... Obviously, you don't.

Imagine my surprise....

Please Log in or Create an account to join the conversation.

Time to create page: 0.149 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+