Breaking News-Unemployment rate falls to 8.5 percent

LadyJazzer wrote: You wish....

Your own source, the Huffington Post would seem to disagree with you.

The Liberals GOP Twin wrote: Hey hippie... don't get smart mouthed with me... none of the moderators are going to come and hold your "leetle" hand for you.

Why shouldn't I get "smart mouthed" with you? Just returning the favor. As often happens, when you get caught in your lies, games, and hyperbole, you resort to name calling, nasty sarcasm, overt insults, and the like. If you had any intellectualism at all, you'd not resort to these kinds of childish posts.

If you'd quit quoting him, I wouldn't have to read his garbage.

towermonkey wrote: If you'd quit quoting him, I wouldn't have to read his garbage.

Sorry, won't be doing that.

Shocking news out today- the unemployment rate shot up last week- totally unexpected- just hit us in the ass out of no-where!
http://finance.yahoo.com/news/jobless-claims-rise-sharply-6-133258957.html

In a separate report, the Labor Department said initial unemployment claims jumped to 399,000 in the first week of 2012, the highest in six weeks, from an upwardly revised 375,000 in the prior week.

The four-week average of claims also marched higher to 381,750 from 374,000.

If only we had a person out there who actually knew a little about what was going on- the markets wouldn't be reacting to the "news of the day" without taking things into perspective.
:Loco:

BearMtnHIB wrote: 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.

BearMtnHIB wrote: Shocking news out today- the unemployment rate shot up last week- totally unexpected- just hit us in the ass out of no-where!
http://finance.yahoo.com/news/jobless-claims-rise-sharply-6-133258957.html

In a separate report, the Labor Department said initial unemployment claims jumped to 399,000 in the first week of 2012, the highest in six weeks, from an upwardly revised 375,000 in the prior week.

The four-week average of claims also marched higher to 381,750 from 374,000.

If only we had a person out there who actually knew a little about what was going on- the markets wouldn't be reacting to the "news of the day" without taking things into perspective.
:Loco:

BearMtnHIB wrote: 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 president is focused like a laser on passing the American Jobs Act, on making sure we put people back to work.” – Debbie Wasserman-Schultz

[youtube:2ignaw0e][/youtube:2ignaw0e]

lionshead2010 wrote: 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.

I know it's odd to quote yourself...but I stand on my original comment above. The "fair and balanced" press that helped get the President elected in 2008 is deep into getting their "man" re-elected this year. They will stop at nothing because they have so much invested in his success and re-election.

They know that if the economy continues to tank and if the unemployment numbers stay above 9% then their cause is hopeless. The policies put forth by the current Administration are a sham so they know that's not going to work in getting the economy jump started...and those same policies won't put people back to work. So the only other option they have is to make the candidate opposing their "man" look bad (they have begun this in earnest) and to somehow make the unemployment numbers look better than they really are. In college they called it lying with numbers. In the Army we called it blowing smoke up your a--.

I look forward to seeing the January and February figures too as I think they will be more representative of what's going on in the labor market...assuming of course that you are okay with ignoring the tens of thousands who have given up looking for work. I'm not sure just how they are going to get their "man" re-elected amongst the carnage...but I wish them luck.

Ooops...