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Thread: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by DA60 View Post
    Btw,

    Men over 20 lost 7,000 jobs.

    And women 25-54 lost 37,000 jobs.

    So only teen/55+ men had more jobs.

    And only 16-24/55+ women had more jobs.

    Table A-9. Selected employment indicators


    Gotta love those McDonald's jobs.
    'Free market'... We will look like Latin America in another 30 years, IF left up to CONservative policy

    The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Conservative View Post
    Honest debate and wrong terminology? LOL, when you say there are more people working now than when the recession began that isn't just using the wrong terminology that is a LIE. How about telling me why when the actual data proves you wrong that you continue to spout the same rhetoric over and over again?

    For some reason people like you have no concept of human behavior. You think that we would have had the same revenue growth and economic activity with people not keeping more of what they earn? There is no proof that we would have had the 17 million new taxpayers under Reagan and the 9 million jobs under Bush were it not for the tax cuts. Without those taxpayers there is no way the revenue would have been what it was. You liberals have no concept as to the four components of GDP and their contribution to GDP or you wouldn't make such partisan poorly informed comments.

    Seems to me that you are the one poorly informed and continue to buy into the liberal rhetoric in spite of the facts and reality
    BUSH LOST 673,000+ PRIVATE SECTOR JOBS IN 8 YEARS? HUH? Since Obama there are 5+ million MORE people in the private sector work force

    Reagan had 14 million (private sector) in 8 years YET Carter had 9+ million in 4, tax cuts? lol

    Bureau of Labor Statistics Data

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Conservative View Post
    My point stands, it is all about the numbers not the percentage and the reality is every month of Obama has had higher discouraged workers than Bush and the more discouraged workers the better the official rate which is being trumpeted today as once again percentage trumps actual individuals unemployed/discouraged/under employed. Those are real people and it is real people being hurt by this incompetent in the WH

    Presidents should be judged on real people and actual results not percentage change

    BUSH CREATED A HOUSING BUBBLE. We call that a ponzi scheme, then it popped!

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Tettsuo View Post
    U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3% | Fox Business

    The U.S. added 217,000 jobs in May as labor markets seem to be gaining the kind of sustained momentum that has proven elusive as the economy has struggled to recover from the 2008 financial crisis.
    The headline unemployment rate was 6.3%, according to figures released Friday by the Labor Department. That rate is the same as in April, when 288,000 jobs were created, far more than had been expected.
    And yet growth remains anemic.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by RDS View Post
    To cut matters short:
    There were 7.6 million unemployed people in the U.S. in January 2008, and the unemployment rate was 4.9%. Today, there are 9.8 million unemployed Americans, well over 2 million more than before the recession, and the unemployment rate is much higher.

    http://www.bls.gov/news.release/arch...t_02012008.pdf
    BUSH ENTERS OFFICE JAN 2001 111,859,000 IN THE PRIVATE SECTOR WORKFORCE

    BUSH LEAVES OFFICE JAN 2009 111,397, LOSS of 673,000+ PRIVATE sector jobs in 8 years''

    OBAMA ENTERS OFFICE Jan 2009 111,397,000 PRIVATE sector workers

    May 2014 116,594,000 AND INCREASE OF OVER 5+ MILLION IN THE PRIVATE SECTOR WORKFORCE!

    Notice: Data not available: U.S. Bureau of Labor Statistics

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    BUSH ENTERS OFFICE JAN 2001 111,859,000 IN THE PRIVATE SECTOR WORKFORCE

    BUSH LEAVES OFFICE JAN 2009 111,397, LOSS of 673,000+ PRIVATE sector jobs in 8 years''

    OBAMA ENTERS OFFICE Jan 2009 111,397,000 PRIVATE sector workers

    May 2014 116,594,000 AND INCREASE OF OVER 5+ MILLION IN THE PRIVATE SECTOR WORKFORCE!

    Notice: Data not available: U.S. Bureau of Labor Statistics
    Big deal. The population has grown and BHO's economy hasn't kept up.

    Joe Biden: We Never Said They Would Be Good Jobs

    www.tpnn.com/.../joe-biden-we-never-said-they-would-be-good-jobs/
    5 days ago - We didn't guarantee that every new job was going to be a high-paying job.” There you have it. They never guaranteed the jobs would be good.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    It is a dismal economic performance.
    Compared to Bush's economy? lol, It's a frkn miracle! 5+ million PRIVATE sector jobs created since Obama came into office, AFTER Bush lost 673,000+ PRIVATE sector jobs in 8 years with those 'job creator' policies

    Notice: Data not available: U.S. Bureau of Labor Statistics

    President Bush has presided over the weakest eight-year span for the U.S. economy in decades, according to an analysis of key data, and economists across the ideological spectrum increasingly view his two terms as a time of little progress on the nation's thorniest fiscal challenges

    Bush Lead During Weakest Economy in Decades



    DEC 2007

    The Economic Consequences of Mr. Bush

    The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.

    The Economic Consequences of Mr. Bush | Vanity Fair


    David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country

    “(Reagan’s deficit policies) allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy,” Stockman wrote.

    David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by dad2three2001 View Post
    Compared to Bush's economy? lol, It's a frkn miracle! 5+ million PRIVATE sector jobs created since Obama came into office, AFTER Bush lost 673,000+ PRIVATE sector jobs in 8 years with those 'job creator' policies

    Notice: Data not available: U.S. Bureau of Labor Statistics

    President Bush has presided over the weakest eight-year span for the U.S. economy in decades, according to an analysis of key data, and economists across the ideological spectrum increasingly view his two terms as a time of little progress on the nation's thorniest fiscal challenges

    Bush Lead During Weakest Economy in Decades



    DEC 2007

    The Economic Consequences of Mr. Bush

    The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.

    The Economic Consequences of Mr. Bush | Vanity Fair


    David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country

    “(Reagan’s deficit policies) allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy,” Stockman wrote.

    David Stockman, Ex-Reagan Budget Director: George W. Bush's Policies Bankrupt The Country
    Average unemployment under GWB was 5.6%. BHO has yet to get close to that. And growth remains anemic. Case closed.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Big deal. The population has grown and BHO's economy hasn't kept up.
    Yet YOU would still support giving the 'job creators' more tax breaks *shaking head*

    The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.


    The last 40 years of conservati*ve think tank legislatio*n has killed the economy


    Consumer Spending Will Not Save Our economy: Pay Fell 7% in Last Decade and Economists Say It Won’t Catch Up Before 2021; Even College Graduates See Salaries Slide

    Americans’ incomes have dropped since 2000 and they aren’t expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.

    From 2000 to 2010, median income in the U.S. declined 7% after adjusting for inflation, according to Census data. That marks the worst 10-year performance in records going back to 1967.


    Business does not create jobs. Jobs are created by consumer demand, CONservative policy kills demand!

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    re: U.S. Adds 217,000 Jobs in May, Unemployment Rate Stays at 6.3%[W:218]

    Quote Originally Posted by Jack Hays View Post
    Average unemployment under GWB was 5.6%. BHO has yet to get close to that. And growth remains anemic. Case closed.
    Average? Oh right the ONLY way Bush looks good, using his ponzi scheme numbers

    Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


    2004 Republican Convention:

    Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
    ...

    Thanks to our policies, home ownership in America is at an all- time high.

    (APPLAUSE)

    Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


    DUBYA FOUGHT ALL 50 STATE AG'S IN 2003, INVOKING A CIVIL WAR ERA RULE SAYING FEDS RULE ON "PREDATORY" LENDERS!

    Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources. Later in 2004 Dubya allowed the leverage rules to go from 12-1 to 33-1 which flooded the market with cheap money!


    GUESS WHAT HAPPENED NEXT? lol

    BTW, CLINTON GAVE DUBYA 4% UNEMPLOYMENT? 5.6%? LOL

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