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Old 08-02-2013, 01:18 PM   #26
El Minion
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From US Department of Labor:

THE EMPLOYMENT SITUATION —JULY 2013

Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.
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Old 08-02-2013, 01:36 PM   #27
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Originally Posted by El Minion View Post
From US Department of Labor:

THE EMPLOYMENT SITUATION —JULY 2013

Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.
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Old 08-03-2013, 09:00 PM   #28
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red
The Obama boneheads actually think all those off the unemployment books all got jobs They need to buy a clue. Most jobs today being available are service jobs and/or part-time jobs and this is evidence of Obama's polices being a success double
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Old 08-09-2013, 08:28 PM   #29
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L0L @ Fox News lemmings like barryr pretending to care about jobs.



http://bit.ly/14cKFe4
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Old 08-10-2013, 07:07 AM   #30
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So why aren't business hiring? They are sitting on record amounts of cash, the markets have hit all time highs and the wealthy have never been so.....wealthy!!

So it's all Obama's fault?

Not Congress? Not corporations? Not the 'job creators'?
Not the evolution of technology? Not a shortage of qualified candidates?
Not the increase in productivity? Not the political gridlock and uncertainty?

Why isn't unemployment dropping??
There is no easy money asset boom that benefits all Americans, that is why the economy continues to limp along. Yes, QE helps institutional investors which benefits any American with a 401k, but an increase in a qualified plan people can't touch till 59 1/2 doesn't make people flush now.

Think about our last 2 boom cycles. Easy money and heated rush into Tech sector, and EVERYBODY was rushing in and felt flush with cash... They spend, the economy booms, people are hired, is all good... Then it crashes... Then comes super low interest rates and the Ownership Society... Housing creates and instant easy cash boom as people take money out of their homes like it is no different than earned income.. And why not, housing prices will go up forever!! Until they don't...

So what next, that's the question... Energy? Maybe. It is not Green Energy, still not economically viable. It's not a bright outlook, without easy money and big time consumer enthusiasm for spending, we will be stuck. To me, the Obama term has been about the fallout of 2 boom cycles, a period of deleveraging by Americans with regards to homes and credit, a period where companies clean up balance sheets and cut and fat in their workforce and remain skiddish about hiring on anybody when the current workforce can do more with less...

Honestly, I think hyper partisanship in Government has really screwed all Americans.... Compromises on simplifying the tax code, safety net reforms, immigration reform and a strong plan to tame long term debt would go a LNG way to give people confidence that government can get stuff done...
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Old 08-10-2013, 08:20 AM   #31
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The so intelligent Obama doesn't know how many states there are and which cities have ports either. You'd think if he was going to make this an issue in regards to jobs, he would at least brush up on it, but he knows he has most of the media's help and protection. But I know, it's racist to question Obama's intelligence, but when liberals do so with black conservatives, that's different. Oh, and it's the "Panama Canal" Obama. Geez.

Q. You mentioned infrastructure. Why is that a partisan issue? I live in a town, the bridge is falling apart, it’s not safe. How does that become Republican or Democrat? How do you not just fix the bridge? (Laughter and applause.)

THE PRESIDENT: I don't know. As you know, for the last three years, I’ve said, let’s work together. Let’s find a financing mechanism and let’s go ahead and fix our bridges, fix our roads, sewer systems, our ports. The Panama is being widened so that these big supertankers can come in. Now, that will be finished in 2015. If we don't deepen our ports all along the Gulf — places like Charleston, South Carolina, or Savannah, Georgia, or Jacksonville, Florida — if we don't do that, those ships are going to go someplace else. And we’ll lose jobs. Businesses won’t locate here.

http://newsbusters.org/blogs/tom-blu...lf-ports-gaffe
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Old 08-10-2013, 08:22 AM   #32
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There's a log in your eye.
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Old 08-11-2013, 11:00 AM   #33
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There is no easy money asset boom that benefits all Americans, that is why the economy continues to limp along. Yes, QE helps institutional investors which benefits any American with a 401k, but an increase in a qualified plan people can't touch till 59 1/2 doesn't make people flush now.

Think about our last 2 boom cycles. Easy money and heated rush into Tech sector, and EVERYBODY was rushing in and felt flush with cash... They spend, the economy booms, people are hired, is all good... Then it crashes... Then comes super low interest rates and the Ownership Society... Housing creates and instant easy cash boom as people take money out of their homes like it is no different than earned income.. And why not, housing prices will go up forever!! Until they don't...

So what next, that's the question... Energy? Maybe. It is not Green Energy, still not economically viable. It's not a bright outlook, without easy money and big time consumer enthusiasm for spending, we will be stuck. To me, the Obama term has been about the fallout of 2 boom cycles, a period of deleveraging by Americans with regards to homes and credit, a period where companies clean up balance sheets and cut and fat in their workforce and remain skiddish about hiring on anybody when the current workforce can do more with less...

Honestly, I think hyper partisanship in Government has really screwed all Americans.... Compromises on simplifying the tax code, safety net reforms, immigration reform and a strong plan to tame long term debt would go a LNG way to give people confidence that government can get stuff done...
I especially agree with the 'bolded' sentence.
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Old 08-11-2013, 11:06 AM   #34
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The so intelligent Obama doesn't know how many states there are and which cities have ports either. You'd think if he was going to make this an issue in regards to jobs, he would at least brush up on it, but he knows he has most of the media's help and protection. But I know, it's racist to question Obama's intelligence, but when liberals do so with black conservatives, that's different. Oh, and it's the "Panama Canal" Obama. Geez.

Q. You mentioned infrastructure. Why is that a partisan issue? I live in a town, the bridge is falling apart, it’s not safe. How does that become Republican or Democrat? How do you not just fix the bridge? (Laughter and applause.)

THE PRESIDENT: I don't know. As you know, for the last three years, I’ve said, let’s work together. Let’s find a financing mechanism and let’s go ahead and fix our bridges, fix our roads, sewer systems, our ports. The Panama is being widened so that these big supertankers can come in. Now, that will be finished in 2015. If we don't deepen our ports all along the Gulf — places like Charleston, South Carolina, or Savannah, Georgia, or Jacksonville, Florida — if we don't do that, those ships are going to go someplace else. And we’ll lose jobs. Businesses won’t locate here.

http://newsbusters.org/blogs/tom-blu...lf-ports-gaffe
Your point is that Obama left out 'canal'.....an odd omission..... or that his statement (underlined) is incorrect?
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Old 08-15-2013, 11:06 AM   #35
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Old 08-15-2013, 12:39 PM   #36
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Yet the filthy parking lots are always filled with people who couldn't care less about quality, all they want is super cheap. Sad, really.
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Old 05-02-2014, 02:09 PM   #37
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Economy adds 288,000 jobs; unemployment rate lowest since 2008

Jim Puzzanghera
May 2, 2014, 6:02 a.m.

Reporting from Washington—

Hiring surprisingly surged last month as the economy added 288,000 net new jobs -- the best performance in more than two years -- and the unemployment rate dropped to 6.3%, its lowest level since September 2008, the Labor Department said Friday.

Job-creation figures for February and March were also revised upward by a combined 36,000, meaning the economy has added a monthly average of about 214,000 positions this year. The revised figure for March was 203,000.

Economists had expected a more modest pickup, with the economy adding 215,000 net new jobs in April and the unemployment rate dropping just a tenth of a percentage point to 6.6%.

The last time the economy added more jobs than last month was in January 2012.

Job growth slowed during the winter as unusually harsh weather took a toll on the economy. The Commerce Department said this week that the economy expanded at just a 0.1% annual rate in the first three months of the year.

Some of April's large jobs growth was the labor market catching up from the winter slowdown, said Bart van Ark, chief economist at the Conference Board.

"But that is only one part of the story," he said. "Indeed, the more important part is that the economy has been gathering strength for some time. "

He predicted continued strong job growth through the spring and maybe into the summer.

The private sector added 273,000 net new jobs in April and government added 15,000.

The large drop in the unemployment rate -- to 6.3% in April from 6.7% the previous month -- came in part because of people dropping out of the workforce. The labor force participation rate fell to 62.8%, from 63.2% in March, after three months of gains.

The April jobs report came amid mixed signs about the strength of the economy in a year most economists had predicted growth would accelerate.

Consumer spending jumped by 0.9% in March, the best performance since 2009 and a surge that should have helped spur job creation last month.

But initial claims for unemployment benefits rose last week to a two-month high of 344,000. It was the third straight weekly increase after hitting the lowest level since 2007, indicating job cuts picked up in April.



http://www.latimes.com/business/mone...#ixzz30agVBnkp
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Old 05-05-2014, 01:17 PM   #38
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Old 05-05-2014, 01:26 PM   #39
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Here Comes the Economic Collapse

Audio

Gerald Celente has a date in mind.


WLW Radio - April 30, 2014 - Posted May 05, 2014

http://www.informationclearinghouse....ticle38405.htm
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Old 05-05-2014, 01:38 PM   #40
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Politicians on both sides manipulate statistics on things like job reports all the time. 165,000 jobs added but how many are full time jobs? How many of these jobs are seasonal or part time?
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Old 05-05-2014, 01:47 PM   #41
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Robert Reich on Facebook:

Quote:
You will hear today that the American economy is gaining steam, adding 288,000 jobs in April, while the unemployment rate fell to 6.3 percent. What you’ll hear less is that 806,000 people dropped out of the labor force in April, most of them too discouraged to look for work. The percent of the population employed (58.9%) remains the lowest it’s been in over thirty years. Another thing you’ll hear little about is that average hourly earnings didn’t rise at all in April, and the new jobs continue to be disproportionately in low-wage industries – retail clerks, restaurants, hotels, bars, temporary help.

Five years into a so-called recovery, this is a dismal picture, but no one wants to talk about it. The White House and Democrats undoubtedly will talk up the continuing jobs growth. And Republicans will mutter about taxes being too high on the so-called “job creators” at the top. Neither will mention that the poor and the middle class continue to sink. Yet this is the new reality.
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Old 05-05-2014, 02:09 PM   #42
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Too bad we always have to dig deeper to get the truth.
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Old 05-05-2014, 03:25 PM   #43
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http://mobile.bloomberg.com/news/201...-weekhigh.html
Jobless Claims in U.S. Unexpectedly Climb to Nine-Week High
http://www.marketwatch.com/story/job...000-2014-05-01
Jobless claims rise 14,000 to 344,000
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Old 05-05-2014, 07:01 PM   #44
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I suppose even low paying jobs are better than no jobs. Still its hard to call this much of a recovery
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Old 05-05-2014, 08:27 PM   #45
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A record 92 million people still out of work and the economy is doing great? A record number of people on food stamps and the economy is wonderful? A record number of people on disability and the economy is booming? The sheep will think anything they need to avoid the truth.
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Old 05-06-2014, 05:26 PM   #46
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Inflation is happening. I talk to the manager at the Farmer's Exchange every week. Last week, he said the prices on his shipments are going up weekly. Feed, seed, supplies are all going up faster than usual. This means the rest of us will be affected by it soon.
A friend who tracks this kind of stuff told me that many businesses at present are still drawing on inventories -- and have not re-ordered because the economy is dead.

When inventories finally run out and they re order, expect commodities to take another sharp jump. (up)
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Old 05-06-2014, 11:18 PM   #47
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Inflation has been rampant in all asset sectors for the past 6 years. Rent inflation, real estate inflation, food inflation, fuel inflation, education inflation, healthcare inflation, etc. Taxes have skyrocketed. Governmental debt has skyrocketed.

All with a 6-year ZIRP, stimulation, bailouts, QE Infinity, and the fed printing $1T per year. The gap between the rich and the poor is not only wider than it's been since the Great Depression, it's accelerating.

This has all been wrought by the sheer madness that is the Socialist Progressive party, and it just keeps getting worse.
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Old 05-07-2014, 12:15 PM   #48
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This has all been wrought by the sheer madness that is the Socialist Progressive party, and it just keeps getting worse.
Your post was pretty good until this part. Why some of you continue to blame the current administation, and "socialists/progressives/liberals" in general, for this economic mess when this is something that started a long time ago, and not something that's going to be fixed any time soon. If you think a GOP majority and a GOP POTUS is going to fix this problem in the forseeable future then you're clearly swimming in too deep of water without the requisite skills to keep yourself afloat.
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Old 05-07-2014, 12:35 PM   #49
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Your post was pretty good until this part. Why some of you continue to blame the current administation, and "socialists/progressives/liberals" in general, for this economic mess when this is something that started a long time ago, and not something that's going to be fixed any time soon. If you think a GOP majority and a GOP POTUS is going to fix this problem in the forseeable future then you're clearly swimming in too deep of water without the requisite skills to keep yourself afloat.
It's hilarious to me. The neocons come in with Raygun and completely dismantle a hundred years of progressive government in a matter of a few years and then when the country goes in the ****ter, they blame the progressives.

*Note: Clinton was neither a Democrat, a progressive, or even a liberal. In fact, he had much more in common with the neocons. So does Obama.
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Old 05-07-2014, 01:29 PM   #50
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Regardless Obama said things would be much better by now if his policies went into effect. He got his auto bailout, got his stimulus, got his healthcare, and invested in green energy while thwarting things like Keystone.

Look what it got us. I agree he didn't create all our problems but he isn't making things better, he's making them worst.

When Obama done Dems will have had the White House 16 of the last 24 yrs. We are sick of hearing you never get your chance.
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