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Thread: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

  1. #11
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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    By the way, how many young people enter the job market each year, versus how many people retire?

    You have to create thousands upon thousands of jobs each year just to meet that demand.

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Erod View Post
    It still dropped 340 yesterday, after the correction on the glitch, and that's on top of the previous two days' worth of drops, and today's near 200-point drop.
    A glitch scared a lot of people - I bet you the majority of investors aren't really following 24/7 hour news and simply pull out when they see others doing the same.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Goldenboy219 View Post
    A
    And if my ideology required the nation's economy to falter in its last attempts to stay somewhat relevant, i might have the same sentiment.
    You mean the pervailing ideology of this country?

    Big, big government is not an ideology. It's a death sentence. See Greece.

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    This is 10% unemployment, even with all of those Census jobs, and even not counting those who have given up looking. Huh, I guess it's a lot easier to stay unemployed when the government is paying you to do it. You can't have a correction if you don't allow people to realize that maybe the value of their skills has gone down.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by phattonez View Post
    This is 10% unemployment, even with all of those Census jobs, and even not counting those who have given up looking. Huh, I guess it's a lot easier to stay unemployed when the government is paying you to do it.
    Interesting statement considering decreased jobless claims.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Erod View Post
    You mean the pervailing ideology of this country?

    Big, big government is not an ideology. It's a death sentence. See Greece.
    Interesting comment given it was excessive government spending during periods of high(er) economic growth that fueled such credit woes.

    Hoping the economy tanks to realize political fantasy shows character.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Goldenboy219 View Post
    Interesting statement considering decreased jobless claims.
    Actual unemployment is around 17 percent when you adjust for those that quit looking. It's near 30 percent in Michigan (and near 40 percent for black men between 25 and 54).

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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Goldenboy219 View Post
    Interesting statement considering decreased jobless claims.
    So jobless claims are down, the country added 250,000 jobs - yet we lost probably 4 million over the past year or two... yet unemployment rose to 9.9% or we might just want to round up 0.1% and say 10%.

    Yay?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  9. #19
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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Goldenboy219 View Post
    Interesting statement considering decreased jobless claims.
    Kind of meaningless when your real unemployment is probably closer to 20%.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  10. #20
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    Re: US Jobs Up 290,000, but Jobless Rate Rises to 9.9 %

    Quote Originally Posted by Goldenboy219 View Post
    Hoping the economy tanks to realize political fantasy shows character.
    It's not hope. It's understanding what makes businesses grow, and your party's fascination with going after the the only people in this country that can actually make it happen is not going to get us there. Never has, never will.

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