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Thread: U.S. unemployment falls to 7.5% in April [W: 348, 360]

  1. #141
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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    wsj

    U.S. economy creates 165,000 jobs in April - Economic Report - MarketWatch

    The U.S. needs to average around 250,000 jobs a month for an extended period to tug the jobless rate back down to precessions levels of under 6%.

    The pace of hiring in April is far too slow to accomplish that task.
    and you disagree...

    construction down net 6k

    1/5 of the new jobs are temps

    govt lost net 11k, continuing a long term trend

    fed, state and local sinecures have declined net 500k in the last 5 years, says wsj

    and that's before sequester

    gdp is projected for 1.5 for the quarter

    underemployed actually rose from 13.8% to 13.9, which is awfully high

    how many of these unemployed are longterm?

    and the bottom line---4.4 million americans have dropped out of the workforce in the last 6 months

    party on, progressives

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    nyt

    The American economy continues to add jobs in proportion to population growth. Nothing less, nothing more.

    The share of American adults with jobs has barely changed since 2010, hovering between 58.2 percent and 58.7 percent. This employment-to-population rati stood at 58.6% in April. That is about four percentage points lower than the employment rate before the recession, a difference of roughly 10 million jobs. In other words, the United States economy is not getting any closer to recreating the jobs lost during the recession.

    The share of adults looking for work peaked at 6.4 percent of the population in 2010. It fell to 4.7 percent in April. But recall that over the same period, the share of adults with jobs did not change. What grew instead is the share of adults no longer counted as part of the labor force.

    And the decline of labor force participation – the technical term for the share of adults working or searching – is primarily the result of a bad economy.

    Baby boomers are aging into retirement. Even before the recession, the government projected in 2007 that participation would decline to 65.5 percent by 2016, from 66 percent. But the April rate of 63.3 percent means the labor force has lost roughly five million additional workers.

    Furthermore, the projections were wrong. Participation has actually risen among people older than 55. The decline is entirely driven by younger dropouts.

    The federal government counts 11.7 million Americans as unemployed. The real number, it follows, is more like 17 million.
    Keeping Up, Not Getting Ahead - NYTimes.com

    cuz if the lady don't like it...

    "the economy is still roughly 10 million jobs short of returning to normal levels of unemployment and labor force participation, that’s a lot of missing jobs," she laments

    she also fears the decline is permanent

    cuzza trends concerning folks who go on disability, plus 1.8 million net in the obama recovery

    obama's economy is 55 year old former office managers going on permanent disability...

    with a broken heart

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by The Prof View Post
    only now?

    4T later?

    QE4 Is Here: Bernanke Delivers $85B-A-Month Until Unemployment Falls Below 6.5% - Forbes

    that stinks

    what's gonna happen when interest rates approach even half their value?
    Obama's average monthly job creation rate exceeds Bush's.

    Another indication of Bush's failed conservative policies and why stimulus works.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]


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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    I love how conservatives need to take everything out of context in order to even pretend to make an argument.

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by head of joaquin View Post
    I love how conservatives need to take everything out of context in order to even pretend to make an argument.
    Why don't you explain it to us and how this was taken out of context?

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by head of joaquin View Post
    Obama's average monthly job creation rate exceeds Bush's.

    Another indication of Bush's failed conservative policies and why stimulus works.
    Yep...and Obama's monthly unemployment rate exceeds Bush's...significantly.

    Is this another indication of Obama's failed liberal policies and why...what?
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    take everything out of context
    tell it to cbs

    in other words, grow up

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    today:

    No longer does being middle class mean getting ahead. It now means just not falling too far behind.

    That's according to the 16th quarterly Allstate-National Journal Heartland Monitor Poll released last week. Here, 54% of those surveyed defined the middle class as those who could still keep up with bills, not get too buried in debt, and not lose their jobs.

    Once basic economic goals -- such as paying for a child's college education, retiring comfortably or even just surviving a health care emergency -- are only realistic for the upper class, according to 40% of those surveyed.

    Annual vacations, regular pay increases, quality health care, and even just basic job security -- these things are now only manageable for the upper class, about one-third of those surveyed reported.

    "People are not really asking the Ronald Reagan question anymore -- Are you better off than you were four years ago? -- because they don't expect to be," said Ronald Brownstein, editorial director for National Journal, in a telephone interview. "Not falling through the floor is the new getting ahead."

    People surveyed may know more about the economy because they bear the brunt of it. Here's what a few of them said:

    "The middle class has become a treading-water position. …. Opportunities have been stifled in the past 20 or 30 years." -- Loren Cowdery, a graduate student who delivers pizzas in Bellingham, Wash.

    "I feel sorry for my kids -- they're just getting out of college -- because they have nothing to look forward to. They're not going to have the ability in the near future to buy a home. There are thousands of people who are going to be stuck with their student loans." -- Tim Cooper, an equipment salesman who lives in the Chicago suburbs.

    "Everything is going up, but wages are staying the same. By the time I retire, I hope I have Social Security, because other than that I've got nothing." -- Dale High, a 54-year-old trucker from Idaho.
    Middle class resigned to stagnation - 1 - - MSN Money

    barack obama...

    he'll break your heart

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    re: U.S. unemployment falls to 7.5% in April [W: 348, 360]

    Quote Originally Posted by Dickieboy View Post
    Yep...and Obama's monthly unemployment rate exceeds Bush's...significantly.

    Is this another indication of Obama's failed liberal policies and why...what?
    And here you'll see a glimps of Bush's failed policies 3/4 through his term
    Bureau of Labor Statistics Data Total Nonfarm 2001 -2008
    Last edited by pbrauer; 05-04-13 at 02:31 AM.


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