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Thread: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

  1. #31
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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by Ontologuy View Post
    When will someone actually do something about the mess we're in?
    Yep, where is the President been during this mess and other messes that we're in? He rarely speaks to the nation because he's too busy trying to campaign to save his failed presidency.

    I hear of more and more people losing their jobs each week and somehow our economy is getting better?!?! Remember when Obama said he would cut the deficit in half by the end of his first term? Obama will cut deficit in half FEB 2009 - YouTube

    Wake up people! This President has failed us and it's time to take our nation back!

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Currently U-6 unemployment is at 14.5%. (Portal Seven | U6 Unemployment Rate) U-6 stayed at 14.5% last month and was at 14.9% in February. So, really there is no actual recovery. The WSJ does a great job of explaining how the unemployment rate dropped (Why Did the Unemployment Rate Drop? - Real Time Economics - WSJ). I think we also need to realize that the government does game the numbers (No Jobs For Americans |) (The January Jobs Are Statistical Artifacts |).
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by iliveonramen View Post
    Grim I could understand the attacks on Obama (because the economy is floundering) if not for the fact that the alternative is just old hat trickle down theory which has obviously not worked well for the past couple of decades.

    If Conservatives are going to criticize what Obama you'd better offer an alternative. I think when the debates happen the fact they have no real alternative is going to become apparent to most Americans.
    I think a real debate is what the country deserves in the coming campaign. Not the glib, "tax and spend" or "we need fairness" slogans. Perhaps we should have a Lincoln Douglas type of debate on the economy. Wonder if the public would actually listen to a couple of hours of real thinking without slogans and gotya questions by moderators.

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by washunut View Post
    I think a real debate is what the country deserves in the coming campaign. Not the glib, "tax and spend" or "we need fairness" slogans. Perhaps we should have a Lincoln Douglas type of debate on the economy. Wonder if the public would actually listen to a couple of hours of real thinking without slogans and gotya questions by moderators.
    I think they would...I think people are turned off by negative campaigns and simple slogans.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by Mr. Invisible View Post
    Currently U-6 unemployment is at 14.5%. (Portal Seven | U6 Unemployment Rate) U-6 stayed at 14.5% last month and was at 14.9% in February. So, really there is no actual recovery. The WSJ does a great job of explaining how the unemployment rate dropped (Why Did the Unemployment Rate Drop? - Real Time Economics - WSJ). I think we also need to realize that the government does game the numbers (No Jobs For Americans |) (The January Jobs Are Statistical Artifacts |).
    Yep.

    And what the government won't also tell us about the U6 figure is that it's indeed understated, because they simply don't know nor have an accurate estimate of how many people simply fell off their reporting grid since these people gave up looking for jobs that just aren't there.

    I once spoke to a BLS (Bureau of Labor Statistics) agent that said that number they report for these people who've given up is likely only 60% of the total actual figure.

    When it comes to the total number of lives of those tremendously adversely affected, the number is much, much higher than government, media, and business marketers want to tell us. And they don't want to tell us how bad it is because they all know that the normal reaction to receiving such news is that we'd then close our wallets to unnecessary spending.

    But with last month's report of over 45 million people in America now on food stamps and thus unable to spend much at all, period, no, the sad reality of it all simply cannot be hidden.
    You don't trust Trump? Well, there's only one way to leverage him to do what's economically right for us all: Powerful American Political Alliance. Got courage?! .. and a mere $5.00?

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by Dittohead not! View Post
    Amazing, just amazing all of the right wingers who expect government to be the solution to the problem. Change the president, and unemployment will drop, and we'll all live happily ever after.

    The country is in deep doo doo, no question. Unemployment is much higher than advertised. Fewer than half of recent college grads have jobs that reflect their level of education. The rest are either unemployed or flipping burgers (or similar). The high school dropouts, and there are a lot of them, are pretty much unemployable. What are they doing? Meanwhile, since fewer are paying taxes, being unemployed and all, and since the feds have been on a spending spree for decades now, we seem to be acquiring something of a debt.

    The Congress is dysfunctional, totally tied up in knots with hyperpartisan lack of willingness to do anything that makes the dreaded other side look good, regardless of what is needed for the country.

    and we're looking for a superman to ride his white horse into the White House and set it all right. It ain't gonna happen, folks. No one person is going to get us out of the doldrums we're in now.
    It's funny how "Government doesn't create jobs" was the mantra of the right, now it's "Why hasn't the President created any jobs?" It's almost like they hate him for being a Democrat or something...


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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    It's funny how "Government doesn't create jobs" was the mantra of the right, now it's "Why hasn't the President created any jobs?" It's almost like they hate him for being a Democrat or something...
    On that same line of thought...this idea we need to cut government and the private sector will pick up the slack. Since Obama took over government jobs (local/state/fed) are down a net 500ishk+. The private sector has added about 60k net since he's taken over.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by Ontologuy View Post
    (Can't believe this late in the day I'm the first to post this, but I couldn't find any other new thread talkin' about it ..)

    "Only 115,000 jobs added in April; unemployment rate to 8.1 percent" Only 115,000 jobs added in April; unemployment rate to 8.1 percent | The Lookout - Yahoo! News.



    Recovery? What recovery???

    So more than 300,000 had been looking for some time but couldn't find work, and thus depressed, they stopped looking for at least the past four weeks for jobs that just aren't there, and they get removed from the unemployment rate calculation. This happens all the time. Thus the ubiquitous basic unemployment rate we're fed in the news is a contrivance that is much, much higher in reality than fictitiously presented to the public.

    Where are all the promised new jobs?

    Where are "happy days are here again", I mean the non-sarcastic happy days?

    When will someone actually do something about the mess we're in?

    Left and right, the answer is never!!!
    When Obama and the democrats cite improvements in the workforce and the economy overall, they should be charged with criminal assault on intelligence.

  9. #39
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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by Blue_State View Post
    If you read it, it says we will not fix our economy problems by just electing a new leader or keeping the old one this fall.
    Bingo! Someone gets it. When I read posts like this one (not picking on a particular, just a representative one)

    Maybe Obama will get lucky and everyone who's unemployed will drop out of the labor market, that way the unemployment rate will plummet and he won't have to create any jobs to look like a hero. I know the main stream media will play along with it, because it's an election year and they will do anything to make sure their Messiah retains his throne.
    It leads me to believe that the right wingers, the ones who say they're for limited government, seem to think that changing the president is going to change things in this country, maybe pare back the size and power of the federal bureaucracy and get some real economic growth going.

    Just how much power do they think resides in the White House, anyway?

    It ain't gonna happen that way, folks. We can elect Romney, and I hope we do. He has some experience getting financially failing institutions back in the black, which just might help a little bit.

    But, don't expect any major changes after the election regardless of the outcome. We'll still have high unemployment, a huge debt, and a dysfunctional Congress.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    re: Only 115,000 jobs added in April; unemployment rate dips to 8.1 percent

    Quote Originally Posted by iliveonramen View Post
    I think they would...I think people are turned off by negative campaigns and simple slogans.
    Unfortunately they say they are turned off by negative campaigns, but the statistics show the ads are effective. Sad really.

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