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Thread: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

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    Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    WASHINGTON -- The U.S. economy added a fairly solid number of new jobs in March as employers reverted to their average pace of hiring after the unusually harsh winter weather.The Labor Department said Friday that the economy created a net 192,000 new jobs last month, just about as many as in February and the average for all of last year. Economists had forecast job growth of about 200,000 for last month.




    Economy adds 192,000 jobs; unemployment rate holds steady at 6.7% - latimes.com
    monthly jobs report. rage or rejoice.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Don't know why anyone would rage; more jobs is a good thing.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Your Star View Post
    Don't know why anyone would rage; more jobs is a good thing.
    Wages dropped, indicating these are primarily low wage and part time jobs. It's like the economy is settling into 6.7% unemployment.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Your Star View Post
    Don't know why anyone would rage; more jobs is a good thing.
    Because people are more concerned about politics than people working.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Good job everyone.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Helix View Post
    monthly jobs report. rage or rejoice.
    No info there on the type of job in regards to part time, seasonal, etc. It's neither rage or rejoice, it's a solid Meh.
    Building block or stumbling block.... choose.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Your Star View Post
    Don't know why anyone would rage; more jobs is a good thing.
    teamsports. when your side has the presidency, economic reports are lauded or explained away. when out of power, every job report, good or bad, is horrible. good job reports are a conspiracy to cover up the weakness of the real economy.

    it switches back and forth. i post these threads as an experiment to see how individuals react now as a comparison point to how they will react to similar job reports once their side is out of power / back in power. should be fascinating.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Helix View Post
    monthly jobs report. rage or rejoice.
    One would assume that, if the unemployment rate is unchanged that the economy lost about 192000 jobs as well?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Helix View Post
    monthly jobs report. rage or rejoice.
    Bad news, I'm guessing Obama won't be reelected.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by fmw View Post
    One would assume that, if the unemployment rate is unchanged that the economy lost about 192000 jobs as well?
    no, i assume the unemployment rate stayed the same because more people began looking for work again.

    How the Government Measures Unemployment

    The unemployment rate was unchanged at 6.7 percent. But a half-million Americans started looking for work last month, and most of them found jobs. The increase in job-seekers is a sign that they were more optimistic about their prospects.

    Steady, Not Spectacular: US Jobs up 192K in March - ABC News

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