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Thread: In good sign, job losses slow as unemployment dips

  1. #11
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by MrVicchio View Post
    While economy recovery is something we all hope for, a .1% change in unemployement just isn't gonna excite me.

    Now a trend of 3-4 months of improvement, then we'll get interested in "recovery". What I ask, will you say DD if next months numbers climb again?
    I have a feeling that you would take issue with any numbers, no matter how optimistic.

  2. #12
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by MrVicchio View Post
    Sounds fair enough. 7.5% or lower unemployment and I'll agree The stimulus had effect. 9.0% or higher you admit failure, anything in between we agree it's stagnant.
    Fair enough. Agreed.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by WillRockwell View Post
    I have a feeling that you would take issue with any numbers, no matter how optimistic.
    Like you did, 2002-2006.

  4. #14
    Norville Rogers
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    Re: In good sign, job losses slow as unemployment dips

    There's already a thread on this

    Here's what I posted in the other thread. Still looking for an answer - I'm no economist

    The article says that jobs were cut overall

    A net total of 247,000 jobs were lost last month, the fewest in a year.
    If the total number of jobs is down, doesn't falling unemployment just mean that a large number of people are no longer looking for jobs, and so don't factor into the numbers despite being unemployed? If that's true, is falling unemployment still a good thing?

  5. #15
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by Goobieman View Post
    Now see, that's an example of what I mean -- they said the same thing in 2004!

    Was it true then and a lie now?
    Was it a lie then and true now?
    Was it true then and true now?
    Was it a lie then and a lie now?
    I never said it was a lie back then.

    You know, it doesn't take a rocket scientist to figure it out. When the country loses nearly 300,000 jobs, yet the unemployment rate goes down, you know something isn't right.

    .

  6. #16
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    Re: In good sign, job losses slow as unemployment dips

    "President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well into its second year. Earlier, however, the White House said that the president still expects unemployment to hit 10 percent sometime later this year."

    White House still warns of 10 percent jobless rate - Yahoo! News

    Not good news. If the economy hits 10% later this year, I doubt it will get below 9% by January.
    "Republicans believe every day is the Fourth of July, but the Democrats believe every day is April 15." -Ronald Reagan

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    Educator sam_w's Avatar
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by Alex View Post
    Any sign of improvement is welcome, but to claim this is the result of Obama policies is unjustified unless you can connect his policies with the recovery. Without that, the connection made here could just be one that is spurious.

    How have Obama's policies contributed to this news?
    You can not have it both ways...do you understand this? You can not go around saying if bad news comes that it is his fault and responsibility, and if good news comes say it is for another reason. Either you own it or you do not.

  8. #18
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by sam_w View Post
    You can not have it both ways...do you understand this? You can not go around saying if bad news comes that it is his fault and responsibility, and if good news comes say it is for another reason. Either you own it or you do not.
    I got into this same discussion a week ago with another member of this ilk....

    Who basically said, if the economy continues to struggle its all Obama's fault. If it improves....well....that's just "natural cycle".

    I tried to get him to commit to a deal whereby I agreed that if the economy doesn't improve Obama should take the blame....if it improves he should get the credit.

    Any guesses on whether the "good Rev" was willing to commit?
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by disneydude View Post
    In good sign, job losses slow as unemployment dips - Yahoo! News

    Employers sharply scaled back layoffs in July, and the unemployment rate dipped for the first time in 15 months, sending a strong signal that the worst recession since World War II is finally ending.

    The "party of no" isn't going to like this. Further signs that Obama's plans are turning around the economy.
    This ain't no where close to being over. It'll be fall, then winter, before long and the winter months are always the slowest. We ain't seen nothin' yet.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  10. #20
    Educator sam_w's Avatar
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    Re: In good sign, job losses slow as unemployment dips

    Quote Originally Posted by Alex View Post
    "President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well into its second year. Earlier, however, the White House said that the president still expects unemployment to hit 10 percent sometime later this year."

    White House still warns of 10 percent jobless rate - Yahoo! News

    Not good news. If the economy hits 10% later this year, I doubt it will get below 9% by January.
    There was an article in Politico, can't find it now, about the transportation bill. In essence it talked about the conflict this bill could have with the healthcare reform bill. Anyways one point is that most economists have all said we need another stimulus. As pointed out in this article the transportation bill would not only have bi-partisan support, it would easily pass as a stimulus. When this bill goes through, or if it does, it may have a direct impact on the unemployment numbers.

    Anyone seen this article, it was up yesterday, please post a link.

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