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Thread: Private sector sheds 39,000 jobs in September

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by apdst View Post
    Wreckovery Summer goes into Wreckovery Fall. It's going to be a bad ass winter for alotta folks.
    Unemployment numbers mean zippo if they're not compared with the same day before the recession.

    Compare before you declare...

    ricksfolly

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    Re: Private sector sheds 39,000 jobs in September

    you wish to compare to before the recession?

    hmm, okay.

    In March 2004, when Barack Obama was a candidate for the U.S. Senate in the Illinois Democratic primary, he excoriated President George W. Bush for creating a "jobless recovery." The month he said that, 334,000 new jobs were created—none of them temporary Census ones—and unemployment was 5.8%... Many other Democrats piled on Mr. Bush at the time. "Mr. President, where are the jobs?" Rep. Nancy Pelosi asked on CNN in October 2003. "The American people will not settle for—nor should the Republicans celebrate—a jobless recovery." That month saw 203,000 new jobs and 6% unemployment...



    it is worth noting as well that the government's figures don't account for the latter half of the last month and look to be modified downard in a couple of weeks after the election, methinks

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ricksfolly View Post
    Unemployment numbers mean zippo if they're not compared with the same day before the recession.

    Compare before you declare...

    ricksfolly
    The Messiah, himself, declared today that there were 95,000 jobs lost in September. Looks like Pete was right and the 39,000 figure was wrong, afterall.

    Tell all those folks who can't pay their bills, that the unemployment numbers don't mean zip.
    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.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by apdst View Post
    The Messiah, himself, declared today that there were 95,000 jobs lost in September. Looks like Pete was right and the 39,000 figure was wrong, afterall.

    Tell all those folks who can't pay their bills, that the unemployment numbers don't mean zip.
    People are always losing and gaining jobs for one reason or another. November, 1982, the unemployment reached 10.8 percent.

    We recovered after that, went on up to new heights, and can reasonably expect the same thing to happen this time.

    ricksfolly

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ricksfolly View Post
    People are always losing and gaining jobs for one reason or another. November, 1982, the unemployment reached 10.8 percent.

    We recovered after that, went on up to new heights, and can reasonably expect the same thing to happen this time.

    ricksfolly
    I agree the same thing will happen...right after we have a change in leadership.
    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.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ricksfolly View Post
    People are always losing and gaining jobs for one reason or another. November, 1982, the unemployment reached 10.8 percent.

    We recovered after that, went on up to new heights, and can reasonably expect the same thing to happen this time.

    ricksfolly
    When?In 2020

    U.S. Won

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    When?In 2020

    U.S. Won
    That recession (10.8 percent unemp) started July 81 ended Nov 82. The next one (7.8 percent), in 90 was 8 years later.

    ricksfolly

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ricksfolly View Post
    That recession (10.8 percent unemp) started July 81 ended Nov 82. The next one (7.8 percent), in 90 was 8 years later.

    ricksfolly
    So I take it you didn't read the link I posted

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by apdst View Post
    I agree the same thing will happen...right after we have a change in leadership.
    Care to cite a historical example of a financial/leverage based recession where change in leadership resulted in immediate job gains? Good luck with that.

    You do realize you are cheering for a party that has explicitly argued to cut spending without realizing that will result in job cuts and all of the associated indirect jobs reliant on that spending no? Several towns in Florida were expected to become ghost towns if the Space Shuttle funding was permanently cut. All of the local businesses who relied on those workers were planning for hard times. Tell me, how do you think that cutting spending like that on a national wide basis will result in more jobs? Do you understand the marginal propensity to consume not to mention money velocity? More likely, the GOP will realize this will actually increase unemployment and cost them votes and then decide to go back to the Bush era of spend and borrow. And we'll get the same excrement we got from the GOP in 2003.
    Last edited by obvious Child; 10-10-10 at 10:28 PM.
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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by PeteEU View Post
    And you know that the official number is 9.6% and that the private sector gained 66000 new jobs last month right?
    66,000 whole new jobs.....WOW
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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