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Thread: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

  1. #21
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Are you trying to claim that Obama was expecting unemployment to increase during the election campaign? Is that the story we are to believe now? Is that actually what he ran on?

    Jeez... I don't remember any of that.

    Does anyone else?

    I do recall he said the following:

    I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal.”

    Now when a guy can heal the planet and slow the rise of non rising oceans, I would think bringing the unemployment rate below 8%, that "good jobs for the jobless" would be a snap. BTW, did he mean hamburger flipper jobs when he meant good jobs?
    McDonald's to hire 50,000 workers, starting April 19 - Apr. 4, 2011

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    25% of the private sector jobs were entry level positions flipping burgers, and one million americans applied for those paper hats

    when is ronald mcdonald hiring his next 62,000?

    maybe kfc is expanding?

    200,000 private sector non-fast-food jobs in april barely keeps up with population, it will take us decades to get out at this rate

    and in times like these

    q1 gdp was 1.8%

    new jobless claims have ominously topped 400,000 for four straight weeks

    cnbc reported yesterday, "it's official," housing has reached DOUBLE DIP

    CNBC: Natl Home Prices Double Dip

    fannie yesterday announced another 8.7B loss, wants 8.5B more

    News from The Associated Press

    gasoline is headed towards $5 this summer, folks aren't gonna be able to get to work

    the dollar is crashing

    our states are in crisis, 2.5 trillion short on public pensions alone, medicaid equally unsustainable

    governors like cuomo and moonbeam are slashing payroll---thousands in nyc, for example, currently employed as professional educators are gonna be unemployed---tomorrow

    this unavoidable reduction of public payroll---in new york, california, wisconsin, ohio, indiana, jersey, illinois, maryland, michigan---is gonna have serious impact on unemployment figures going forward

    it's gonna be a long summer
    Last edited by The Prof; 05-07-11 at 12:02 PM.

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by zimmer View Post
    Are you trying to claim that Obama was expecting unemployment to increase during the election campaign? Is that the story we are to believe now? Is that actually what he ran on?

    Jeez... I don't remember any of that.

    Does anyone else?

    I do recall he said the following:

    I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal.”

    Now when a guy can heal the planet and slow the rise of non rising oceans, I would think bringing the unemployment rate below 8%, that "good jobs for the jobless" would be a snap. BTW, did he mean hamburger flipper jobs when he meant good jobs?
    McDonald's to hire 50,000 workers, starting April 19 - Apr. 4, 2011

    .
    You're dodging the point. The point is that there was never any "promise" regarding the 8% number and that number didn't come from Obama.

    Nobody ever made the claim that unemployment would level off immediately. The economy is way too big to turn on a dime like that.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%


  5. #25
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by Deuce View Post
    You're dodging the point. The point is that there was never any "promise" regarding the 8% number and that number didn't come from Obama.

    Nobody ever made the claim that unemployment would level off immediately. The economy is way too big to turn on a dime like that.
    He did promise to fix the economy and create a half million jobs a month. Hows all that hope-n-change working for you?

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    A job growth of 244,000 last month, the biggest since May of 2010 looks pretty good to me, considering that it occurred when the prices of fuel was approaching all time highs.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    A job growth of 244,000 last month, the biggest since May of 2010 looks pretty good to me, considering that it occurred when the prices of fuel was approaching all time highs.
    Why is it so hard for some to say that the numbers are improving but nowhere where we need them to be. What policies has the administration pushed for this year to improve this condition.

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Hate to break this to some but the way Unemployment numbers are figured and reported were change in the 80s under Reagan whom I backed other than this and a couple other issues, I will hold in reserve.

    If today we were using the formula we did before the changes we would be closer to the truth and that would be close to 17%.

    Check it for yourself, just Google what are the real Unemployment numbers and see what you find.

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    I just want everyone here to know that regardless of who is in charge of what country unemployment has been a tough nut to crack:
    US: 9.2%
    UK: 7.7%
    Canada: 7.6%

    Then in Germany, where they were going under many economical changes and actually expecting the market crash of 08, had a 11% unemployment rate in 2005 and is just now to 6.4% this is under different leaders, and the entire time (other than going flat during the crash for a few months) it steadily declined due to government intervention, higher regulation, job education investment, and so on.

    HOWEVER even more interesting is China's unemployment for years stayed at 10% then right around 2007 and since then has been down to 4% and stayed that way since. Hmmm I wonder where they got all those jobs from...
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by pbrauer View Post
    The unemployment rate doesn't tell the whole picture, when companies are hiring more, people are out looking for jobs and this will cause the rate to go up because of claims.
    Here are the facts that you continue to ignore. When Obama took office there were 12.653 million unemployed people, January 2009 including Discouraged workers. Today there are 14.736 million unemployed plus discouraged workers so we are still 2+ million more unemployed today than when Obama took office and that is after spending over a trillion dollars on a so called stimulus program. Is this really a success? BLS.gov

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