Page 5 of 7 FirstFirst ... 34567 LastLast
Results 41 to 50 of 70

Thread: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

  1. #41
    Guru

    Join Date
    Aug 2011
    Location
    In a Blue State
    Last Seen
    Yesterday @ 08:15 PM
    Gender
    Lean
    Libertarian
    Posts
    4,733

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    Quote Originally Posted by pbrauer View Post
    While the unemployment rate is still at 8.3%, it seems as though an honest recovery is taking place. There has been 24 months of straight private sector growth. There were 233K private sector jobs created in Feb, but a loss of 6K in the public sector brought the total down to 227K jobs.

    Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3% - Bloomberg

    "Employers in the U.S. boosted payrolls more than forecast in February, capping the best six- month streak of job growth since 2006 and sending stocks higher.

    The 227,000 increase followed a revised 284,000 gain in January that was bigger than first estimated, Labor Department figures showed today in Washington. The median projection of economists in a Bloomberg News survey called for a 210,000 rise. The jobless rate held at 8.3 percent, even as 476,000 more workers sought employment.[...]
    I hope you are right. I fear the gas prices are going to destroy any positive movement we have and force us back into a recession.
    Last edited by Blue_State; 03-12-12 at 12:17 PM.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

  2. #42
    Educator a777pilot's Avatar
    Join Date
    Jul 2009
    Location
    Flower Mound, in the basement
    Last Seen
    12-07-17 @ 08:49 AM
    Gender
    Lean
    Independent
    Posts
    815

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    Quote Originally Posted by roughdraft274 View Post
    That's assuming that all of those people are going to be out looking for jobs. Some people are stay at home parents, some people are retiring and giving those jobs to new people, some people are disabled and not able to work. I'm thinking those government employees that deal with these numbers all day long are much better at this than you or I. I was merely pointing out that your assertion of 250,000 has not been verified as far as I have seen. Every where I look it says 125,000 to keep up with population growth, 250,000 / month on average to actually reduce the unemployment number in any meaningful way.
    I am going with the 200 to 250 thousand to keep up with population growth and 500k or better to make any meaningful dent in the unemployment numbers.

    Those figures are as good if not better than anything this current administration is putting out.
    I came into this world fighting, screaming and covered in someone else's blood. I have no problem going out the same way.

  3. #43
    Debate MMA
    Prof. Peabody's Avatar
    Join Date
    Oct 2010
    Last Seen
    07-30-12 @ 11:42 PM
    Gender
    Lean
    Conservative
    Posts
    1,361

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    Hidden unemployment numbers stymie Obama’s job growth claims

    Published: 7:47 PM 03/09/2012
    By Neil Munro

    There’s so much hidden unemployment in the labor force that even Friday’s improved jobs numbers failed to decrease the official unemployment rate of 8.3 percent.

    In February, the private sector added 233,000 new jobs, but 476,000 non-working people began looking for a job. According to Bureau of Labor Statistics (BLS) rules, only by seeking work did those individuals officially become unemployed.

    That’s because BLS does not count workers as unemployed unless they have actively searched for work in the last four weeks. As a result, millions of non-working people are not counted as unemployed by BLS officials.

    The statistical quirk is the flip side of the administration’s effort to minimize the high level of unemployment for the last three years, and it may hinder progressives’ efforts to claim victory on the jobs front in November.

    If more non-working people begin searching for jobs, “the economy is going to have to create an average of 246,000 jobs between now and November, just to keep the unemployment rate at eight percent, and so we are not even at that pace yet,” said Doug Holtz-Eakin, an economist and the president of the American Action Forum.

    If the BLS rules weren’t in place, the current unemployment rate would be somewhere around 11 percent, analysts say. The unemployment number would be as high as 15 percent if part-time workers seeking full-time employment were recognized in the unemployment rolls.

    Jobs | Unemployment | Barack Obama | The Daily Caller
    That's why it's necessary to use the non seasonally adjusted numbers from the BLS folks.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

  4. #44
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 08:57 PM
    Gender
    Lean
    Conservative
    Posts
    57,115

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%


  5. #45
    Educator a777pilot's Avatar
    Join Date
    Jul 2009
    Location
    Flower Mound, in the basement
    Last Seen
    12-07-17 @ 08:49 AM
    Gender
    Lean
    Independent
    Posts
    815

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    COSTELLO: I want to talk about the unemployment rate in America.

    ABBOTT: Good Subject. Terrible Times. It's 9%.

    COSTELLO: That many people are out of work?

    ABBOTT: No, that's 16%.

    COSTELLO: You just said 9%.

    ABBOTT: 9% Unemployed.

    COSTELLO: Right 9% out of work.

    ABBOTT: No, that's 16%.

    COSTELLO: Okay, so it's 16% unemployed.

    ABBOTT: No, that's 9%...

    COSTELLO: WAIT A MINUTE. Is it 9% or 16%?

    ABBOTT: 9% are unemployed. 16% are out of work.

    COSTELLO: IF you are out of work you are unemployed.

    ABBOTT: No, you can't count the "Out of Work" as the unemployed.
    You have to look for work to be unemployed.

    COSTELLO: BUT THEY ARE OUT OF WORK!!!

    ABBOTT: No, you miss my point.

    COSTELLO: What point?

    ABBOTT: Someone who doesn't look for work, can't be counted with those who look for work.
    It wouldn't be fair.

    COSTELLO: To who?

    ABBOTT: The unemployed.

    COSTELLO: But they are ALL out of work.

    ABBOTT: No, the unemployed are actively looking for work.
    Those who are out of work stopped looking.
    They gave up. And, if you give up, you are no longer
    in the ranks of the unemployed.

    COSTELLO: So if you're off the unemployment rolls, that would count as
    less unemployment?

    ABBOTT: Unemployment would go down. Absolutely!

    COSTELLO: The unemployment just goes down because you don't look for work?

    ABBOTT: Absolutely it goes down. That's how you get to 9%. Otherwise it would be 16%.
    You don't want to read about 16% unemployment do ya?

    COSTELLO: That would be frightening.

    ABBOTT: Absolutely.

    COSTELLO: Wait, I got a question for you.
    That means there are two ways to bring down the unemployment number?

    ABBOTT: Two ways is correct.

    COSTELLO: Unemployment can go down if someone gets a job?

    ABBOTT: Correct.

    COSTELLO: And unemployment can also go down if you stop looking for a job?

    ABBOTT: Bingo.

    COSTELLO: So there are two ways to bring unemployment down,
    and the easier of the two is to just stop looking for work.

    ABBOTT: Now you're thinking like an economist.

    COSTELLO: I don't even know what the hell I just said!


    And now you know why our unemployment figures are improving!
    I came into this world fighting, screaming and covered in someone else's blood. I have no problem going out the same way.

  6. #46
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    Meanwhile, back in the real world, things keep on improving. These are today's headlines:

    "U.S. stocks advanced, sending the Dow Jones Industrial Average toward the highest level since 2007, as retail sales rose by the most in five months and as investors awaited a Federal Reserve decision on interest rates."

    Dow Rises to Highest Level Since 2007 - Bloomberg

    "Potential homebuyers and sellers are growing more confident that the U.S. real estate market will begin to recover as soon as next year, according to a Prudential Real Estate survey.

    Sixty percent of people surveyed last month had positive views about the housing market and 70 percent expected property values to improve over the next two years, according to the survey released today. About 63 percent of respondents said they considered real estate a good investment, up from 52 percent last year, the Irvine, California-based broker reported."

    Americans More Confident in Housing Recovery - Bloomberg

    "Americans heartened by an improving labor market boosted spending at stores and malls by the most in five months, adding to signs that the world’s largest economy is gaining strength.

    The 1.1 percent advance followed a 0.6 percent increase in January that was larger than previously estimated, according to Commerce Department data issued today in Washington. Sales rose in 11 of 13 categories, including auto dealers and clothing stores, showing gains in demand were broad based."

    Retail Sales in U.S. Rose in February by Most in Five Months - Bloomberg

    As Republicans shed a collective tear at the prospect of a building recovery....
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

  7. #47
    Educator a777pilot's Avatar
    Join Date
    Jul 2009
    Location
    Flower Mound, in the basement
    Last Seen
    12-07-17 @ 08:49 AM
    Gender
    Lean
    Independent
    Posts
    815

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    As Republicans shed a collective tear at the prospect of a building recovery....
    Not even close.

    I don't care if the unemployment rate was at 3%, the stock market at 15,0000 and gas prices were under two dollars, there would still be so much wrong about this Fool, Bobo, the Post Turtle, that I would vote for anyone but Him.

    Here's just two:

    The President thinks he has the right to commit US troops to a combat role on the say so of the UN or even just NATO.

    The Director of the FBI has to check with his boss to see if the government has the right to kill Americans here at home if the President so chooses.


    These are two issues that both the Liberals and the Conservatives ought be shoulder to shoulder in unison in opposition.

    This Fool, Bobo, the Post Turtle, has got to go.
    I came into this world fighting, screaming and covered in someone else's blood. I have no problem going out the same way.

  8. #48
    Debate MMA
    Prof. Peabody's Avatar
    Join Date
    Oct 2010
    Last Seen
    07-30-12 @ 11:42 PM
    Gender
    Lean
    Conservative
    Posts
    1,361

    Re: Payrolls in U.S. Climb 227,000; Jobless Rate Holds at 8.3%

    Quote Originally Posted by Kushinator View Post
    The silence from the "we are all doomed crowd" is deafening.
    In November of 2011 there were 133,172,000 people employed. In Feb 2012 there were 131,164,000 people employed, that means there were a little less than 2 million less people employed in Feb 2012 than just a few months before in Nov 2011. I really didn't think you wanted to hear that, but suit yourself!

    Source: Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail [In thousands]
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

  9. #49
    Professor xpiher's Avatar
    Join Date
    Apr 2011
    Last Seen
    04-23-12 @ 10:33 PM
    Gender
    Lean
    Libertarian
    Posts
    1,993
    Woops misread
    Last edited by xpiher; 03-13-12 at 09:34 PM.
    Hayek - too liberal for republicans

  10. #50
    Professor xpiher's Avatar
    Join Date
    Apr 2011
    Last Seen
    04-23-12 @ 10:33 PM
    Gender
    Lean
    Libertarian
    Posts
    1,993
    Quote Originally Posted by a777pilot View Post
    Not even close.

    I don't care if the unemployment rate was at 3%, the stock market at 15,0000 and gas prices were under two dollars, there would still be so much wrong about this Fool, Bobo, the Post Turtle, that I would vote for anyone but Him.

    Here's just two:

    The President thinks he has the right to commit US troops to a combat role on the say so of the UN or even just NATO.

    The Director of the FBI has to check with his boss to see if the government has the right to kill Americans here at home if the President so chooses.


    These are two issues that both the Liberals and the Conservatives ought be shoulder to shoulder in unison in opposition.

    This Fool, Bobo, the Post Turtle, has got to go.
    Your second point was implemented under republicans who have no intention of getting rid of that rule. Your first point I've heard stated before, but as I said then, under the law he still had to get Congress approval after x number of days (2 months I believe) before the action becomes impeachable. It also follows just war theory and the evolution of presidential war powers since the 1950s. If you have a problem with that, take it up with Congress

    Edit in the topic of the thread its a shame that I was right when I said the economy would be largely fixed by 2014... In 2008

    Sent from my SGH-T989 using Tapatalk
    Last edited by xpiher; 03-13-12 at 09:41 PM.
    Hayek - too liberal for republicans

Page 5 of 7 FirstFirst ... 34567 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •