Page 4 of 26 FirstFirst ... 2345614 ... LastLast
Results 31 to 40 of 255

Thread: US economy adds 288,000 jobs in June

  1. #31
    Battle Ready
    Grim17's Avatar
    Join Date
    Jul 2009
    Location
    Southwestern U.S.
    Last Seen
    Yesterday @ 11:08 PM
    Gender
    Lean
    Conservative
    Posts
    24,139
    Blog Entries
    20

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by pinqy View Post
    I see you corrected just aas I started to edit...but thank you for showing that I was correct about the decline in participation going back to 2000.
    This is the stat that's been bothersome for me... It's the Employment to Population Ratio. It's a measure of the eligable American workforce that is currently employed. Going back 50 years, it always shadows the unemployment rate... until the Obama Administration:

    epratio.jpg

  2. #32
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 10:55 PM
    Gender
    Lean
    Independent
    Posts
    23,584

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Grim17 View Post
    This is the stat that's been bothersome for me... It's the Employment to Population Ratio. It's a measure of the eligable American workforce that is currently employed. Going back 50 years, it always shadows the unemployment rate... until the Obama Administration:

    epratio.jpg

    The baby boom generation never started retiring before the Obama Administration. We have never had such a high percent of young people in school either.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  3. #33
    Bohemian Revolutionary
    Demon of Light's Avatar
    Join Date
    May 2010
    Last Seen
    03-07-17 @ 12:25 AM
    Gender
    Lean
    Independent
    Posts
    5,095

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by pbrauer View Post
    And the new jobs were not affected by Obamacare.
    Well, duh, Obamacare doesn't apply to part-time jobs.
    "For what is Evil but Good-tortured by its own hunger and thirst?"
    - Khalil Gibran

  4. #34
    Banned
    Join Date
    Jan 2012
    Location
    Where I am now
    Last Seen
    09-11-17 @ 03:00 AM
    Gender
    Lean
    Independent
    Posts
    16,386

    Re: US economy adds 288,000 jobs in June

    When will the media learn to read beyond the headlines?

    According to the household survey...there were 799,000 more people employed part time in June.

    But there were 523,000 less people employed full time in June.

    Table A-9. Selected employment indicators


    So losing over 1/2 a million full-time jobs in one month is considered good news....okaaaaaay.

    The McDonald's/WalMart-type recovery is in full swing.
    Last edited by DA60; 07-03-14 at 12:51 PM.

  5. #35
    Banned
    Join Date
    Jan 2012
    Location
    Where I am now
    Last Seen
    09-11-17 @ 03:00 AM
    Gender
    Lean
    Independent
    Posts
    16,386

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by KevinKohler View Post
    To be honest, I didn't even think they had it broken down and detailed like that. I'll happily eat my words. This is good news!
    IMO, you were on the right track the first time.

    According to the household survey, 799K part time jobs were created but 523K full time jobs were lost.

    Table A-9. Selected employment indicators
    Last edited by DA60; 07-03-14 at 01:25 PM.

  6. #36
    Sage
    Slyfox696's Avatar
    Join Date
    Mar 2013
    Last Seen
    Today @ 10:34 AM
    Gender
    Lean
    Moderate
    Posts
    7,986

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by DA60 View Post
    When will the media learn to read beyond the headlines?

    According to the household survey...there were 799,000 more people employed part time in June.

    But there were 523,000 less people employed full time in June.

    Table A-9. Selected employment indicators


    So losing over 1/2 a million full-time jobs in one month is considered good news....okaaaaaay.

    The McDonald's/WalMart-type recovery is in full swing.
    Since February, we've created roughly 400,000 full time jobs, even after the loss you mentioned.

    Like you said, it's good to look at all the evidence, not just a limited scope of information.

  7. #37
    Sage
    gdgyva's Avatar
    Join Date
    Jun 2014
    Location
    Twinsburg Ohio
    Last Seen
    Today @ 01:07 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    5,959

    Re: US economy adds 288,000 jobs in June

    I see the job numbers this morning claiming 288K jobs added. Sounds great, doesn’t it!? Now we get to hear from the liberals as they brag about their president.

    So I take a dive into the numbers… and guys, the numbers suck.

    In May, we had 118,727 full-time jobs.
    In June, that number dropped over 500K — to 118,204.

    Staggering…

    In May, there were 27,219 part-time jobs.
    In June, the number jumped to 28,018 — almost 800K part-time jobs.

    No wonder we had a 2.9% contraction in GDP.

    I am adding this so you can see for yourselves.

    Table A-9. Selected employment indicators

    As we reported previously, and as hardly anyone else will discuss, in June the composition of added jobs was rather abysmal: according to the Household survey, while over half a million full-time jobs were lost, this was offset by less paying, benefits-free part-time jobs rising by 799K, the most since 1993. So what does that mean for the job quality as reported by the Establishment Survey. Let’s dive in.

    Of the 288K jobs added in June, here were some of the biggest contributors:

    Retail Trade: 40.2K
    Leisure and Hospitality: 39K
    Education and health: 38K
    Government: 26K
    Temp Help Service: 13.1K
    What about the well-paying jobs? Well, here they are:

    Professional business services: 53.9K
    Financial Services: 17K
    Manufacturing: 16K
    Information: 9K
    Construction: 6K

    Read more at Anyone take a close look at today’s job numbers? 288K jobs added… look inside for the details. They suck. | InvestmentWatch


    and as one of my favorite reporters used to say.....Paul Harvey

    "now you know the rest of the story"
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  8. #38
    Bohemian Revolutionary
    Demon of Light's Avatar
    Join Date
    May 2010
    Last Seen
    03-07-17 @ 12:25 AM
    Gender
    Lean
    Independent
    Posts
    5,095

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Slyfox696 View Post
    Since February, we've created roughly 400,000 full time jobs, even after the loss you mentioned.

    Like you said, it's good to look at all the evidence, not just a limited scope of information.
    In other words, roughly 100,000 full-time jobs a month. Not nearly as impressive when you phrase it like that huh? Also not as impressive when one considers this decline occurs in an environment where full-time jobs are still several million short of pre-recession highs.
    "For what is Evil but Good-tortured by its own hunger and thirst?"
    - Khalil Gibran

  9. #39
    Sage

    Join Date
    Mar 2012
    Location
    Republic of Florida
    Last Seen
    12-15-17 @ 04:48 PM
    Gender
    Lean
    Libertarian
    Posts
    14,040

    Re: US economy adds 288,000 jobs in June

    More jobs available - great. 9.5 million still unemployed - not great. 1.5 billion a day spent by the federal govt just on income support - not great.

  10. #40
    Sage
    Slyfox696's Avatar
    Join Date
    Mar 2013
    Last Seen
    Today @ 10:34 AM
    Gender
    Lean
    Moderate
    Posts
    7,986

    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Demon of Light View Post
    In other words, roughly 100,000 full-time jobs a month. Not nearly as impressive when you phrase it like that huh?
    Umm...why not?

Page 4 of 26 FirstFirst ... 2345614 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •