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Thread: Jobs recovery suffers setback in March

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Eighty Deuce View Post
    It was lower before than too. The big nudge through that era were women entering the work force. Working Mom's. That is the structure of our current workforce.

    Fact remains that we still need to add about 140K jobs per month just to hold steady, as we still have an increasing population. About 1.7 million per calendar year just to stay even. Actual unemployment is close to 11%.
    Yes, that is correct. Baby Boomers may be retiring but that does not change the fact that job creation is still not even sustaining population growth. Not only that but the financial, housing and even back to the dot com bubble bursting have made it impossible for a lot of baby boomers to retire.

    Personally, I have seen so many people past retirement age have to return to the labor market to make ends meet.

    We need 250,000 jobs a month just to break even.
    Last edited by Rapunzel52; 04-09-12 at 02:49 PM.
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by AdamT View Post
    Right, and we averaged over 200k new jobs/month in the first quarter.
    I do not believe that I said otherwise.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hare View Post
    No, statistics (reliable ones at least) are made up of data streams that have been proven to be viable and time tested, not "gut feelings and hunches."
    Statistics are based on opinion and are subjective. Those "tests" cannot account for everyone in the specific scenarios and environments of which they conduct them.
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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    We need 250,000 jobs a month just to break even.
    That's a gross exaggeration. Analysts say we generally need between 100,000 and 150,000/month to keep up with population growth, so if we are averaging over 200k new jobs/month then unemployment is falling.

    The Fed says that the steady state number is 110,000. Economist's View: What Level of Job Creation will Sustain Full Employment?
    "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

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by AdamT View Post
    That's a gross exaggeration. Analysts say we generally need between 100,000 and 150,000/month to keep up with population growth, so if we are averaging over 200k new jobs/month then unemployment is falling.

    The Fed says that the steady state number is 110,000. Economist's View: What Level of Job Creation will Sustain Full Employment?
    But how could we stay even with all those baby boomers retiring???...
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Jobs recovery suffers setback in March

    I don't get it... it's like Republicans are cheering for the economy to go down even though it's bouncing back up. I mean it's struggling on it's way up but there is little question we're improving. I mean if the economy was slowly getting worse and they were harping about it I'd understand - ****, I'd join them - but it's not. What's the deal yo? Do you guys want the economy to fail? Or is it because it's bouncing back up under Obama that you guys are angry?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    But how could we stay even with all those baby boomers retiring???...
    By handing out work visa's to the Mexicans rather than trying to jail and deport them all. Then they are working legally and being taxed appropriately to accommodate instead of working illegally and under the table the way our corporate masters prefer.
    Last edited by poweRob; 04-09-12 at 07:33 PM.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Navy Pride View Post
    I heard Saddam Hussein (whoops I Mean Hussein Obama I get them mixed up) bragging about this today.............Boy is he clueless.


    Jobs recovery suffers setback in March - Yahoo! Finance

    By Lucia Mutikani
    WASHINGTON (Reuters) - Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy.
    That sucks. Hopefully we can turn things around.

    I don't care who the President is... I want Americans working and earning their livelihood rather than sucking up to the state for hand-outs.
    "I condemn the ideology of White Supremacy and Nazism. They are thugs, criminals, and repugnant, and are against what I believe to be "The American Way" "
    Thus my obligatory condemnation of White supremacy will now be in every post, lest I be accused of supporting it because I didn't mention it specifically every time I post.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hatuey View Post
    I don't get it... it's like Republicans are cheering for the economy to go down even though it's bouncing back up. I mean it's struggling on it's way up but there is little question we're improving. I mean if the economy was slowly getting worse and they were harping about it I'd understand - ****, I'd join them - but it's not. What's the deal yo? Do you guys want the economy to fail? Or is it because it's bouncing back up under Obama that you guys are angry?
    Its the sad truth about extreme politics..... people WANT bad **** to happen when "the enemy" is in office.

    Its disgusting.
    "I condemn the ideology of White Supremacy and Nazism. They are thugs, criminals, and repugnant, and are against what I believe to be "The American Way" "
    Thus my obligatory condemnation of White supremacy will now be in every post, lest I be accused of supporting it because I didn't mention it specifically every time I post.

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    Re: Jobs recovery suffers setback in March

    The true unemployment rate is much higher than the official one. Unemployment numbers do not include people who have given up on looking for work. Nor do they include short-term temporary workers, such as those who were hired by the Obama administration to take the Census (artificially and duplicitously suppressing unemployment figures in the process).
    Last edited by Zen; 04-09-12 at 08:03 PM.

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