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

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

    (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.

    Only 115,000 jobs were added to the economy in April, according to the Labor Department, nudging down the unemployment rate slightly to 8.1 percent.

    The slight drop in the unemployment rate is due to the more than 300,000 unemployed people who gave up looking for work last month. At least 200,000 jobs would have had to be added last month just to keep up with the growth in the labor market. April's report missed expectations--economists predicted 163,000 jobs would be added.
    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!!!
    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

    The U6 looks a little better than it has over the last few years which makes me happy.

    The overall report is bitter, but there were some positives. They upgraded the numbers for the last two months. But overall, yeah I am not to excited with the report.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    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.

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

    Obama is right on track. He must be giddy.

    Now if he can just everyone to just quit looking, it'll be perfect. Job seekers are his number one enemy.

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

    The honest numbers would have U-3 at about 11% right now. But again, Obama is not what is pathetic here. Its his supporters who are the cancer on the Republic.

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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
    The U6 looks a little better than it has over the last few years which makes me happy.

    The overall report is bitter, but there were some positives. They upgraded the numbers for the last two months. But overall, yeah I am not to excited with the report.
    U6 is about to drop drastically, and so is the unemployment picture in general, as beneficiaries exhaust their Federal benefits. Democrats will then claim victory once unemployment drops below 8%, due to these factors. Sheesh.
    The ghost of Jack Kevorkian for President's Physician: 2016

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

    Quote Originally Posted by Eighty Deuce View Post
    The honest numbers would have U-3 at about 11% right now. But again, Obama is not what is pathetic here. Its his supporters who are the cancer on the Republic.
    And I read recently that his goal for tomorrow (Cinco De Mayo) is to have the Dream Act passed.

    I think there needs to be an Unemployed American Citizens Day -- maybe that'll get the politicians' attention so that they can make some meaningful goals for Americans.
    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 danarhea View Post
    U6 is about to drop drastically, and so is the unemployment picture in general, as beneficiaries exhaust their Federal benefits. Democrats will then claim victory once unemployment drops below 8%, due to these factors. Sheesh.
    That would suck. Some voters will be a false bill of goods on a report like that.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    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.
    "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 Grim17 View Post
    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.

    Yes, at this rate, unemployment will be 7% by the time the election takes place...we'll all be on assistance voting for Ubama not to take it away!!! Drop out of the workforce and file for disability....yeah, that's the ticket
    If it sounds like Marx and acts like Stalin...it must be Obama

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